GDOC vs. UNHW

Last updated Jun 4, 2026

GDOC (Goldman Sachs Future Health Care Equity ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - GDOC is a Health & Biotech Equities fund actively managed by Goldman Sachs, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. GDOC charges 0.75%/yr vs 0.99%/yr for UNHW.

Performance

GDOC vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Future Health Care Equity ETF (GDOC) 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, GDOC achieves a -7.76% return, which is significantly lower than UNHW's 15.08% return.

GDOC

• 1D: 0.41%
• 1M: 1.93%
• YTD: -7.76%
• 6M: -9.87%
• 1Y: 5.18%
• 3Y*: 0.05%
• 5Y*: —
• 10Y*: —

UNHW

• 1D: 0.06%
• 1M: 2.06%
• YTD: 15.08%
• 6M: 11.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDOC vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
GDOC Goldman Sachs Future Health Care Equity ETF	-7.76%	-2.29%
UNHW Roundhill UNH WeeklyPay ETF	15.08%	-3.02%

Correlation

The correlation between GDOC and UNHW is 0.17, 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	0.17

GDOC vs. UNHW - Sectors Allocation Comparison

Sectors	GDOC	UNHW
Healthcare	97.3%	33.4%
Consumer Defensive	1.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

GDOC vs. UNHW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDOC

GDOC Risk / Return Rank: 13
GDOC Sharpe Ratio Rank: 14
GDOC Sortino Ratio Rank: 14
GDOC Omega Ratio Rank: 13
GDOC Calmar Ratio Rank: 13
GDOC Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDOC vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Future Health Care Equity ETF (GDOC) 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.

	GDOC	UNHW	Difference
Sharpe ratio: Return per unit of total volatility	0.33	—	—
Sortino ratio: Return per unit of downside risk	0.60	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	0.33	—	—
Martin ratio: Return relative to average drawdown	0.76	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GDOC	UNHW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	0.50	-0.70

Drawdowns

GDOC vs. UNHW - Drawdown Comparison

The maximum GDOC drawdown since its inception was -31.01%, roughly equal to the maximum UNHW drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for GDOC and UNHW.

Drawdown Indicators

	GDOC	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-31.01%	-32.28%	+1.27%
Max Drawdown (1Y) Largest decline over 1 year	-15.67%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.51%	—	—
Current Drawdown Current decline from peak	-15.53%	-7.06%	-8.47%
Average Drawdown Average peak-to-trough decline	-15.90%	-12.48%	-3.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.83%	—	—

Volatility

Volatility by Period

	GDOC	UNHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	49.81%	-34.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.79%	49.81%	-31.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.79%	49.81%	-31.02%

GDOC vs. UNHW - Expense Ratio Comparison

GDOC has a 0.75% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

GDOC vs. UNHW - Dividend Comparison

GDOC's dividend yield for the trailing twelve months is around 0.35%, less than UNHW's 17.33% yield.

Position	TTM	2025	2024	2023	2022
GDOC Goldman Sachs Future Health Care Equity ETF	0.35%	0.32%	0.02%	0.55%	0.00%
UNHW Roundhill UNH WeeklyPay ETF	17.33%	2.81%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GDOC and UNHW in my portfolio?

GDOC and UNHW have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDOC or UNHW?

On fees, GDOC is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDOC or UNHW?

GDOC is cheaper with a 0.75% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 17.33%, compared with 0.35% for GDOC.

What is the main difference between GDOC and UNHW?

GDOC is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: Goldman Sachs and Roundhill Investments. Their fees differ too: 0.75% for GDOC and 0.99% for UNHW.