PPH vs. UNHW

Last updated Jun 24, 2026

PPH (VanEck Pharmaceutical ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - PPH is a Health & Biotech Equities fund tracking the MVIS US Listed Pharmaceutical 25 Index, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. PPH is passively managed, while UNHW is actively managed. At a 0.22 correlation, their price movements are largely independent. PPH charges 0.36%/yr vs 0.99%/yr for UNHW.

Performance

PPH vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Pharmaceutical ETF (PPH) 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, PPH achieves a 2.92% return, which is significantly lower than UNHW's 27.05% return.

PPH

• 1D: 1.79%
• 1M: 0.31%
• YTD: 2.92%
• 6M: 2.77%
• 1Y: 23.31%
• 3Y*: 12.54%
• 5Y*: 9.67%
• 10Y*: 8.52%

UNHW

• 1D: 0.63%
• 1M: 6.62%
• YTD: 27.05%
• 6M: 29.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PPH vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
PPH VanEck Pharmaceutical ETF	2.92%	3.07%
UNHW Roundhill UNH WeeklyPay ETF	27.05%	1.54%

Correlation

The correlation between PPH and UNHW is 0.22, 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	0.22

PPH vs. UNHW - Sectors Allocation Comparison

Sectors	PPH	UNHW
Healthcare	100.0%	29.0%
Industrials	0.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

PPH vs. UNHW — Risk / Return Rank

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

PPH

PPH Risk / Return Rank: 40
PPH Sharpe Ratio Rank: 39
PPH Sortino Ratio Rank: 42
PPH Omega Ratio Rank: 37
PPH Calmar Ratio Rank: 46
PPH Martin Ratio Rank: 36

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.

PPH vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Pharmaceutical ETF (PPH) 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.

	PPH	UNHW	Difference
Sharpe ratio: Return per unit of total volatility	1.33	—	—
Sortino ratio: Return per unit of downside risk	2.07	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.18	—	—
Martin ratio: Return relative to average drawdown	5.30	—	—

Drawdowns

PPH vs. UNHW - Drawdown Comparison

The maximum PPH drawdown since its inception was -51.45%, which is greater than UNHW's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for PPH and UNHW.

Drawdown Indicators

	PPH	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-51.45%	-32.28%	-19.17%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.70%	—	—
Current Drawdown Current decline from peak	-4.94%	-0.45%	-4.49%
Average Drawdown Average peak-to-trough decline	-17.29%	-11.32%	-5.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.41%	—	—

Volatility

Volatility by Period

	PPH	UNHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.66%	48.61%	-30.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	48.61%	-33.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	48.61%	-31.63%

PPH vs. UNHW - Expense Ratio Comparison

PPH has a 0.36% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

PPH vs. UNHW - Dividend Comparison

PPH's dividend yield for the trailing twelve months is around 2.05%, less than UNHW's 18.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PPH VanEck Pharmaceutical ETF	2.05%	1.78%	1.98%	2.09%	1.55%	1.62%	1.66%	1.77%	1.97%	1.92%	2.43%	1.93%
UNHW Roundhill UNH WeeklyPay ETF	18.13%	2.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PPH and UNHW in my portfolio?

PPH and UNHW have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PPH or UNHW?

On fees, PPH is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PPH or UNHW?

PPH is cheaper with a 0.36% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 18.13%, compared with 2.05% for PPH.

What is the main difference between PPH and UNHW?

PPH is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: VanEck and Roundhill Investments. Their fees differ too: 0.36% for PPH and 0.99% for UNHW.