DVXV vs. UNHW

Last updated Jun 3, 2026

DVXV (WEBs Health Care XLV Defined Volatility ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - DVXV is a Health & Biotech Equities fund tracking the Syntax Defined Volatility XLV Index, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. DVXV is passively managed, while UNHW is actively managed. At a 0.37 correlation, their price movements are largely independent. DVXV charges 0.89%/yr vs 0.99%/yr for UNHW.

Performance

DVXV vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Health Care XLV Defined Volatility ETF (DVXV) and Roundhill UNH WeeklyPay ETF (UNHW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXV achieves a -7.39% return, which is significantly lower than UNHW's 15.01% return.

DVXV

• 1D: -1.42%
• 1M: 0.64%
• YTD: -7.39%
• 6M: -7.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UNHW

• 1D: -0.71%
• 1M: 2.46%
• YTD: 15.01%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DVXV vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
DVXV WEBs Health Care XLV Defined Volatility ETF	-7.39%	-0.33%
UNHW Roundhill UNH WeeklyPay ETF	15.01%	-3.02%

Correlation

The correlation between DVXV and UNHW is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.37

Return for Risk

DVXV vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Health Care XLV Defined Volatility ETF (DVXV) and Roundhill UNH WeeklyPay ETF (UNHW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DVXV	UNHW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.50	+0.18

Drawdowns

DVXV vs. UNHW - Drawdown Comparison

The maximum DVXV drawdown since its inception was -14.36%, smaller than the maximum UNHW drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for DVXV and UNHW.

Drawdown Indicators

	DVXV	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-14.36%	-32.28%	+17.92%
Current Drawdown Current decline from peak	-11.80%	-7.11%	-4.69%
Average Drawdown Average peak-to-trough decline	-4.76%	-12.53%	+7.77%

Volatility

Volatility by Period

	DVXV	UNHW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.34%	50.01%	-28.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.34%	50.01%	-28.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.34%	50.01%	-28.67%

DVXV vs. UNHW - Expense Ratio Comparison

DVXV has a 0.89% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

DVXV vs. UNHW - Dividend Comparison

DVXV has not paid dividends to shareholders, while UNHW's dividend yield for the trailing twelve months is around 17.34%.

Position	TTM	2025
DVXV WEBs Health Care XLV Defined Volatility ETF	0.00%	0.00%
UNHW Roundhill UNH WeeklyPay ETF	17.34%	2.81%

Frequently Asked Questions

Can I hold both DVXV and UNHW in my portfolio?

DVXV and UNHW have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXV or UNHW?

On fees, DVXV is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXV or UNHW?

DVXV is cheaper with a 0.89% expense ratio, compared with 0.99% for UNHW.

Which ETF pays a higher dividend yield, DVXV or UNHW?

UNHW has the higher dividend yield at 17.34%, compared with 0.00% for DVXV.

What is the main difference between DVXV and UNHW?

DVXV is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: WEBs and Roundhill Investments. Their fees differ too: 0.89% for DVXV and 0.99% for UNHW.