TMED vs. UNHW

Last updated Jun 4, 2026

TMED (T. Rowe Price Health Care ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - TMED is a Health & Biotech Equities fund managed by T. Rowe Price, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. At a 0.30 correlation, their price movements are largely independent. TMED charges 0.44%/yr vs 0.99%/yr for UNHW.

Performance

TMED vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Health Care ETF (TMED) 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, TMED achieves a 3.87% return, which is significantly lower than UNHW's 15.08% return.

TMED

• 1D: 1.04%
• 1M: 2.47%
• YTD: 3.87%
• 6M: 4.17%
• 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)

TMED vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
TMED T. Rowe Price Health Care ETF	3.87%	0.29%
UNHW Roundhill UNH WeeklyPay ETF	15.08%	-3.02%

Correlation

The correlation between TMED and UNHW is 0.30, 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	0.30

Return for Risk

TMED vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Health Care ETF (TMED) 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

	TMED	UNHW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.50	+0.85

Drawdowns

TMED vs. UNHW - Drawdown Comparison

The maximum TMED drawdown since its inception was -11.11%, smaller than the maximum UNHW drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for TMED and UNHW.

Drawdown Indicators

	TMED	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-11.11%	-32.28%	+21.17%
Current Drawdown Current decline from peak	-2.75%	-7.06%	+4.31%
Average Drawdown Average peak-to-trough decline	-2.59%	-12.48%	+9.89%

Volatility

Volatility by Period

	TMED	UNHW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	49.81%	-31.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	49.81%	-31.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.04%	49.81%	-31.77%

TMED vs. UNHW - Expense Ratio Comparison

TMED has a 0.44% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

TMED vs. UNHW - Dividend Comparison

TMED's dividend yield for the trailing twelve months is around 0.52%, less than UNHW's 17.33% yield.

Position	TTM	2025
TMED T. Rowe Price Health Care ETF	0.52%	0.54%
UNHW Roundhill UNH WeeklyPay ETF	17.33%	2.81%

Frequently Asked Questions

Can I hold both TMED and UNHW in my portfolio?

TMED and UNHW have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TMED or UNHW?

On fees, TMED is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TMED or UNHW?

TMED is cheaper with a 0.44% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 17.33%, compared with 0.52% for TMED.

What is the main difference between TMED and UNHW?

TMED is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: T. Rowe Price and Roundhill Investments. Their fees differ too: 0.44% for TMED and 0.99% for UNHW.