LGHT vs. UNHW

Last updated Jun 4, 2026

LGHT (Langar Global HealthTech ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - LGHT is a Health & Biotech Equities fund actively managed by Langar, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. Both are actively managed. At a 0.18 correlation, their price movements are largely independent. LGHT charges 0.85%/yr vs 0.99%/yr for UNHW.

Performance

LGHT vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Langar Global HealthTech ETF (LGHT) 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, LGHT achieves a -19.52% return, which is significantly lower than UNHW's 15.08% return.

LGHT

• 1D: 0.55%
• 1M: -2.36%
• YTD: -19.52%
• 6M: -20.39%
• 1Y: -22.28%
• 3Y*: —
• 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)

LGHT vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
LGHT Langar Global HealthTech ETF	-19.52%	-1.07%
UNHW Roundhill UNH WeeklyPay ETF	15.08%	-3.02%

Correlation

The correlation between LGHT and UNHW is 0.18, 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	0.18

LGHT vs. UNHW - Sectors Allocation Comparison

Sectors	LGHT	UNHW
Healthcare	100.0%	33.4%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

LGHT vs. UNHW — Risk / Return Rank

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

LGHT

LGHT Risk / Return Rank: 1
LGHT Sharpe Ratio Rank: 1
LGHT Sortino Ratio Rank: 1
LGHT Omega Ratio Rank: 1
LGHT Calmar Ratio Rank: 1
LGHT Martin Ratio Rank: 0

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.

LGHT vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Langar Global HealthTech ETF (LGHT) 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.

	LGHT	UNHW	Difference
Sharpe ratio: Return per unit of total volatility	-1.22	—	—
Sortino ratio: Return per unit of downside risk	-1.66	—	—
Omega ratio: Gain probability vs. loss probability	0.81	—	—
Calmar ratio: Return relative to maximum drawdown	-0.87	—	—
Martin ratio: Return relative to average drawdown	-2.04	—	—
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

	LGHT	UNHW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	0.50	-1.00

Drawdowns

LGHT vs. UNHW - Drawdown Comparison

The maximum LGHT drawdown since its inception was -28.60%, smaller than the maximum UNHW drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for LGHT and UNHW.

Drawdown Indicators

	LGHT	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-28.60%	-32.28%	+3.68%
Max Drawdown (1Y) Largest decline over 1 year	-25.57%	—	—
Current Drawdown Current decline from peak	-27.64%	-7.06%	-20.58%
Average Drawdown Average peak-to-trough decline	-7.57%	-12.48%	+4.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.92%	—	—

Volatility

Volatility by Period

	LGHT	UNHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.29%	49.81%	-31.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.89%	49.81%	-30.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.89%	49.81%	-30.92%

LGHT vs. UNHW - Expense Ratio Comparison

LGHT has a 0.85% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

LGHT vs. UNHW - Dividend Comparison

LGHT has not paid dividends to shareholders, while UNHW's dividend yield for the trailing twelve months is around 17.33%.

Position	TTM	2025
LGHT Langar Global HealthTech ETF	0.00%	0.00%
UNHW Roundhill UNH WeeklyPay ETF	17.33%	2.81%

Frequently Asked Questions

Can I hold both LGHT and UNHW in my portfolio?

LGHT and UNHW have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LGHT or UNHW?

On fees, LGHT is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LGHT or UNHW?

LGHT is cheaper with a 0.85% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 17.33%, compared with 0.00% for LGHT.

What is the main difference between LGHT and UNHW?

LGHT is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: Langar and Roundhill Investments. Their fees differ too: 0.85% for LGHT and 0.99% for UNHW.