PBPH vs. UNHW

Last updated Jun 4, 2026

PBPH (Portfolio Building Block World Pharma and Biotech Index ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - PBPH is a Health & Biotech Equities fund tracking the BITA Global Pharma and Biotech Select Index, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. PBPH is passively managed, while UNHW is actively managed. At a 0.19 correlation, their price movements are largely independent. PBPH charges 0.13%/yr vs 0.99%/yr for UNHW.

Performance

PBPH vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Portfolio Building Block World Pharma and Biotech Index ETF (PBPH) 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, PBPH achieves a -1.13% return, which is significantly lower than UNHW's 15.08% return.

PBPH

• 1D: 0.58%
• 1M: 0.07%
• YTD: -1.13%
• 6M: -0.02%
• 1Y: —
• 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)

PBPH vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
PBPH Portfolio Building Block World Pharma and Biotech Index ETF	-1.13%	1.12%
UNHW Roundhill UNH WeeklyPay ETF	15.08%	-3.02%

Correlation

The correlation between PBPH and UNHW is 0.19, 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	0.19

Return for Risk

PBPH vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block World Pharma and Biotech Index ETF (PBPH) 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

	PBPH	UNHW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.50	-0.55

Drawdowns

PBPH vs. UNHW - Drawdown Comparison

The maximum PBPH drawdown since its inception was -11.10%, smaller than the maximum UNHW drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for PBPH and UNHW.

Drawdown Indicators

	PBPH	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-11.10%	-32.28%	+21.18%
Current Drawdown Current decline from peak	-8.69%	-7.06%	-1.63%
Average Drawdown Average peak-to-trough decline	-4.23%	-12.48%	+8.25%

Volatility

Volatility by Period

	PBPH	UNHW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.78%	49.81%	-33.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.78%	49.81%	-33.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.78%	49.81%	-33.03%

PBPH vs. UNHW - Expense Ratio Comparison

PBPH has a 0.13% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

PBPH vs. UNHW - Dividend Comparison

PBPH's dividend yield for the trailing twelve months is around 0.09%, less than UNHW's 17.33% yield.

Position	TTM	2025
PBPH Portfolio Building Block World Pharma and Biotech Index ETF	0.09%	0.09%
UNHW Roundhill UNH WeeklyPay ETF	17.33%	2.81%

Frequently Asked Questions

Can I hold both PBPH and UNHW in my portfolio?

PBPH and UNHW have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBPH or UNHW?

On fees, PBPH is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBPH or UNHW?

PBPH is cheaper with a 0.13% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 17.33%, compared with 0.09% for PBPH.

What is the main difference between PBPH and UNHW?

PBPH is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: Portfolio Building Block and Roundhill Investments. Their fees differ too: 0.13% for PBPH and 0.99% for UNHW.