SURI vs. UNHW

Last updated Aug 4, 2026

SURI (Simplify Propel Opportunities ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - SURI is a Health & Biotech Equities fund actively managed by Simplify, while UNHW is a Leveraged Equities fund actively managed by Roundhill. Both are actively managed. Their 0.13 correlation means their historical movements had little consistent relationship. SURI charges 2.51%/yr vs 0.99%/yr for UNHW.

Performance

SURI vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Propel Opportunities ETF (SURI) 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, SURI achieves a 17.59% return, which is significantly lower than UNHW's 28.89% return.

SURI

• 1D: 0.08%
• 1M: 0.52%
• 6M: 17.81%
• YTD: 17.59%
• 1Y: 42.96%
• 3Y*: 9.52%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.10%

UNHW

• 1D: 0.09%
• 1M: -2.71%
• 6M: 54.46%
• YTD: 28.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SURI Simplify Propel Opportunities ETF	$33.33K	$49.11K	$70.76K
UNHW Roundhill UNH WeeklyPay ETF	$423.60K	$609.21K	$366.99K

SURI vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
SURI Simplify Propel Opportunities ETF	17.59%	-1.97%
UNHW Roundhill UNH WeeklyPay ETF	28.89%	1.54%

Correlation

The correlation between SURI and UNHW is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.13

Return for Risk

SURI vs. UNHW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SURI

SURI Risk / Return Rank: 78
SURI Sharpe Ratio Rank: 80
SURI Sortino Ratio Rank: 76
SURI Omega Ratio Rank: 74
SURI Calmar Ratio Rank: 87
SURI Martin Ratio Rank: 74

UNHW

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SURI vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Propel Opportunities ETF (SURI) 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.

	SURI	UNHW	Difference
Sharpe ratio: Return per unit of total volatility	1.95	—	—
Sortino ratio: Return per unit of downside risk	2.61	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.67	—	—
Martin ratio: Return relative to average drawdown	9.75	—	—

Drawdowns

SURI vs. UNHW - Drawdown Comparison

The maximum SURI drawdown since its inception was -47.76%, which is greater than UNHW's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for SURI and UNHW.

Drawdown Indicators

	SURI	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-47.76%	-32.28%	-15.48%
Max Drawdown (1Y) Largest decline over 1 year	-11.78%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-47.76%	—	—
Current Drawdown Current decline from peak	-8.53%	-5.84%	-2.69%
Average Drawdown Average peak-to-trough decline	-17.07%	-9.80%	-7.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.42%	—	—

Volatility

Volatility by Period

	SURI	UNHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.20%	46.31%	-24.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.88%	46.31%	-18.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.88%	46.31%	-18.43%

SURI vs. UNHW - Expense Ratio Comparison

SURI has a 2.51% expense ratio, which is higher than UNHW's 0.99% expense ratio.

Dividends

SURI vs. UNHW - Dividend Comparison

SURI's dividend yield for the trailing twelve months is around 15.07%, less than UNHW's 22.57% yield.

Position	TTM	2025	2024	2023
SURI Simplify Propel Opportunities ETF	15.07%	16.31%	21.41%	14.71%
UNHW Roundhill UNH WeeklyPay ETF	22.57%	2.81%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SURI and UNHW in my portfolio?

SURI and UNHW have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SURI or UNHW?

On fees, UNHW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SURI or UNHW?

UNHW is cheaper with a 0.99% expense ratio, compared with 2.51% for SURI.

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

UNHW has the higher dividend yield at 22.57%, compared with 15.07% for SURI.

What is the main difference between SURI and UNHW?

SURI is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: Simplify and Roundhill. Their fees differ too: 2.51% for SURI and 0.99% for UNHW.