GNOM vs. UNHW

Last updated Jun 5, 2026

GNOM (Global X Genomics & Biotechnology ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - GNOM is a Health & Biotech Equities fund tracking the Solactive Genomics Index, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. GNOM is passively managed, while UNHW is actively managed. At a 0.21 correlation, their price movements are largely independent. GNOM charges 0.50%/yr vs 0.99%/yr for UNHW.

Performance

GNOM vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Genomics & Biotechnology ETF (GNOM) 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, GNOM achieves a 11.56% return, which is significantly lower than UNHW's 22.06% return.

GNOM

• 1D: 3.47%
• 1M: 11.33%
• YTD: 11.56%
• 6M: 9.34%
• 1Y: 57.90%
• 3Y*: 0.45%
• 5Y*: -9.59%
• 10Y*: —

UNHW

• 1D: 6.07%
• 1M: 10.36%
• YTD: 22.06%
• 6M: 20.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GNOM vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
GNOM Global X Genomics & Biotechnology ETF	11.56%	-1.08%
UNHW Roundhill UNH WeeklyPay ETF	22.06%	-3.02%

Correlation

The correlation between GNOM and UNHW is 0.21, 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	0.21

GNOM vs. UNHW - Sectors Allocation Comparison

Sectors	GNOM	UNHW
Healthcare	99.6%	33.4%
Technology	0.4%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

GNOM vs. UNHW — Risk / Return Rank

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

GNOM

GNOM Risk / Return Rank: 62
GNOM Sharpe Ratio Rank: 67
GNOM Sortino Ratio Rank: 68
GNOM Omega Ratio Rank: 58
GNOM Calmar Ratio Rank: 66
GNOM Martin Ratio Rank: 54

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.

GNOM vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Genomics & Biotechnology ETF (GNOM) 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.

	GNOM	UNHW	Difference
Sharpe ratio: Return per unit of total volatility	2.18	—	—
Sortino ratio: Return per unit of downside risk	3.06	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.20	—	—
Martin ratio: Return relative to average drawdown	9.21	—	—
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

	GNOM	UNHW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.81	-0.88

Drawdowns

GNOM vs. UNHW - Drawdown Comparison

The maximum GNOM drawdown since its inception was -75.00%, which is greater than UNHW's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for GNOM and UNHW.

Drawdown Indicators

	GNOM	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-75.00%	-32.28%	-42.72%
Max Drawdown (1Y) Largest decline over 1 year	-18.17%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-46.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-72.29%	—	—
Current Drawdown Current decline from peak	-53.90%	-1.42%	-52.48%
Average Drawdown Average peak-to-trough decline	-40.56%	-12.40%	-28.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.30%	—	—

Volatility

Volatility by Period

	GNOM	UNHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.66%	50.32%	-23.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.61%	50.32%	-16.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.19%	50.32%	-16.13%

GNOM vs. UNHW - Expense Ratio Comparison

GNOM has a 0.50% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

GNOM vs. UNHW - Dividend Comparison

GNOM's dividend yield for the trailing twelve months is around 1.23%, less than UNHW's 16.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GNOM Global X Genomics & Biotechnology ETF	1.23%	1.37%	0.00%	0.00%	0.00%	0.03%	0.14%
UNHW Roundhill UNH WeeklyPay ETF	16.34%	2.81%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GNOM and UNHW in my portfolio?

GNOM and UNHW have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GNOM or UNHW?

On fees, GNOM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GNOM or UNHW?

GNOM is cheaper with a 0.50% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 16.34%, compared with 1.23% for GNOM.

What is the main difference between GNOM and UNHW?

GNOM is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: Global X and Roundhill Investments. Their fees differ too: 0.50% for GNOM and 0.99% for UNHW.