METV vs. UNHW

Last updated Jul 18, 2026

METV (Roundhill Ball Metaverse ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - METV is a Technology Equities fund tracking the Ball Metaverse Index - Benchmark TR Net, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. METV is passively managed, while UNHW is actively managed. At a 0.12 correlation, their price movements are largely independent. METV charges 0.75%/yr vs 0.99%/yr for UNHW.

Performance

METV vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Ball Metaverse ETF (METV) 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, METV achieves a -0.11% return, which is significantly lower than UNHW's 33.20% return.

METV

• 1D: -1.52%
• 1M: 2.85%
• 6M: -3.20%
• YTD: -0.11%
• 1Y: 2.75%
• 3Y*: 19.69%
• 5Y*: 5.55%
• 10Y*: —

UNHW

• 1D: 1.32%
• 1M: 7.48%
• 6M: 33.62%
• YTD: 33.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METV vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
METV Roundhill Ball Metaverse ETF	-0.11%	-2.87%
UNHW Roundhill UNH WeeklyPay ETF	33.20%	1.54%

Correlation

The correlation between METV and UNHW is 0.12, 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 3, 2025	0.12

METV vs. UNHW - Sectors Allocation Comparison

Sectors	METV	UNHW
Technology	55.6%	-
Communication Services	33.6%	-
Consumer Cyclical	7.7%	-
Financial Services	3.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	27.9%
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

METV vs. UNHW — Risk / Return Rank

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

METV

METV Risk / Return Rank: 11
METV Sharpe Ratio Rank: 12
METV Sortino Ratio Rank: 11
METV Omega Ratio Rank: 11
METV Calmar Ratio Rank: 11
METV Martin Ratio Rank: 11

UNHW

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

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.

METV vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Ball Metaverse ETF (METV) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	METV	UNHW	Difference
Sharpe ratio: Return per unit of total volatility	0.11	—	—
Sortino ratio: Return per unit of downside risk	0.32	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.10	—	—
Martin ratio: Return relative to average drawdown	0.21	—	—

Drawdowns

METV vs. UNHW - Drawdown Comparison

The maximum METV drawdown since its inception was -59.64%, which is greater than UNHW's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for METV and UNHW.

Drawdown Indicators

	METV	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-59.64%	-32.28%	-27.36%
Max Drawdown (1Y) Largest decline over 1 year	-28.27%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.27%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-59.64%	—	—
Current Drawdown Current decline from peak	-11.64%	-1.37%	-10.27%
Average Drawdown Average peak-to-trough decline	-25.68%	-10.23%	-15.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.12%	—	—

Volatility

Volatility by Period

	METV	UNHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.31%	47.02%	-21.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.05%	47.02%	-16.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.94%	47.02%	-17.08%

METV vs. UNHW - Expense Ratio Comparison

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

Dividends

METV vs. UNHW - Dividend Comparison

METV's dividend yield for the trailing twelve months is around 0.18%, less than UNHW's 19.63% yield.

Position	TTM	2025	2024	2023	2022
METV Roundhill Ball Metaverse ETF	0.18%	0.18%	0.00%	0.17%	0.09%
UNHW Roundhill UNH WeeklyPay ETF	19.63%	2.81%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both METV and UNHW in my portfolio?

METV and UNHW have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METV or UNHW?

On fees, METV 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, METV or UNHW?

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

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

UNHW has the higher dividend yield at 19.63%, compared with 0.18% for METV.

What is the main difference between METV and UNHW?

METV is categorized as Technology Equities, while UNHW is Leveraged Equities. Their fees differ too: 0.75% for METV and 0.99% for UNHW.