UNHW vs. ARMW

Last updated Jul 12, 2026

UNHW (Roundhill UNH WeeklyPay ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both exchange-traded funds - UNHW is a Leveraged Equities fund actively managed by Roundhill Investments, while ARMW is a Derivative Income fund actively managed by Roundhill Investments. Both are actively managed. At a correlation of -0.05, they often move in opposite directions. Both charge a 0.99% expense ratio.

Performance

UNHW vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill UNH WeeklyPay ETF (UNHW) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UNHW achieves a 32.77% return, which is significantly lower than ARMW's 239.89% return.

UNHW

• 1D: -1.69%
• 1M: 5.19%
• 6M: 26.89%
• YTD: 32.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -1.62%
• 1M: -19.16%
• 6M: 230.92%
• YTD: 239.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UNHW vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
UNHW Roundhill UNH WeeklyPay ETF	32.77%	1.54%
ARMW Roundhill ARM WeeklyPay ETF	239.89%	-23.73%

Correlation

The correlation between UNHW and ARMW is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	-0.05

UNHW vs. ARMW - Sectors Allocation Comparison

Sectors	UNHW	ARMW
Healthcare	27.9%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	20.0%
Utilities	-	-

Return for Risk

UNHW vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill UNH WeeklyPay ETF (UNHW) and Roundhill ARM WeeklyPay ETF (ARMW). 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.

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

Drawdowns

UNHW vs. ARMW - Drawdown Comparison

The maximum UNHW drawdown since its inception was -32.28%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for UNHW and ARMW.

Drawdown Indicators

	UNHW	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-32.28%	-48.47%	+16.19%
Current Drawdown Current decline from peak	-1.69%	-31.59%	+29.90%
Average Drawdown Average peak-to-trough decline	-10.51%	-25.58%	+15.07%

Volatility

Volatility by Period

	UNHW	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	47.61%	94.61%	-47.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.61%	94.61%	-47.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.61%	94.61%	-47.00%

UNHW vs. ARMW - Expense Ratio Comparison

Both UNHW and ARMW have an expense ratio of 0.99%.

Dividends

UNHW vs. ARMW - Dividend Comparison

UNHW's dividend yield for the trailing twelve months is around 18.96%, less than ARMW's 36.72% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	36.72%	16.38%
UNHW Roundhill UNH WeeklyPay ETF	18.96%	2.81%

Frequently Asked Questions

Can I hold both UNHW and ARMW in my portfolio?

UNHW and ARMW have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UNHW or ARMW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UNHW or ARMW?

UNHW and ARMW have the same expense ratio: 0.99% per year.

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

ARMW has the higher dividend yield at 36.72%, compared with 18.96% for UNHW.

What is the main difference between UNHW and ARMW?

UNHW is categorized as Leveraged Equities, while ARMW is Derivative Income.