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UNHW vs. BETZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

UNHW vs. BETZ

Last updated Jun 23, 2026

UNHW (Roundhill UNH WeeklyPay ETF) and BETZ (Roundhill Sports Betting & iGaming ETF) are both exchange-traded funds - UNHW is a Leveraged Equities fund actively managed by Roundhill Investments, while BETZ is a Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index. UNHW is actively managed, while BETZ is passively managed. At a 0.17 correlation, their price movements are largely independent. UNHW charges 0.99%/yr vs 0.75%/yr for BETZ.

Performance

UNHW vs. BETZ - Performance Comparison

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

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Returns By Period

In the year-to-date period, UNHW achieves a 26.25% return, which is significantly higher than BETZ's -8.25% return.

UNHW

1D
1.74%
1M
5.96%
YTD
26.25%
6M
28.81%
1Y
—
3Y*
—
5Y*
—
10Y*
—

BETZ

1D
-1.13%
1M
4.42%
YTD
-8.25%
6M
-8.89%
1Y
-9.51%
3Y*
6.28%
5Y*
-8.05%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

UNHW vs. BETZ - Yearly Performance Comparison

2026 (YTD)2025
UNHW
Roundhill UNH WeeklyPay ETF		26.25%1.54%
BETZ
Roundhill Sports Betting & iGaming ETF		-8.25%2.93%

Correlation

The correlation between UNHW and BETZ is 0.17, 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

0.17

UNHW vs. BETZ - Sectors Allocation Comparison

Sectors
UNHW
BETZ

Healthcare

29.0%

-

Basic Materials

-

-

Communication Services

-

1.1%

Consumer Cyclical

-

96.0%

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

0.0%

Industrials

-

-

Real Estate

-

-

Technology

-

2.9%

Utilities

-

-

Healthcare

UNHW
29.0%
BETZ

-

Basic Materials

UNHW

-

BETZ

-

Communication Services

UNHW

-

BETZ
1.1%

Consumer Cyclical

UNHW

-

BETZ
96.0%

Consumer Defensive

UNHW

-

BETZ

-

Energy

UNHW

-

BETZ

-

Financial Services

UNHW

-

BETZ
0.0%

Industrials

UNHW

-

BETZ

-

Real Estate

UNHW

-

BETZ

-

Technology

UNHW

-

BETZ
2.9%

Utilities

UNHW

-

BETZ

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Roundhill UNH WeeklyPay ETF

Roundhill Sports Betting & iGaming ETF

Often compared with UNHW:
UNHW vs. ARMWUNHW vs. VHTUNHW vs. NERDUNHW vs. BBCUNHW vs. MUUUNHW vs. XTAPUNHW vs. QTAP
Often compared with BETZ:
BETZ vs. FDISBETZ vs. ODDSBETZ vs. MGMBETZ vs. HTECBETZ vs. SPYBETZ vs. QQQBETZ vs. BRK-B

Return for Risk

UNHW vs. BETZ — Risk / Return Rank

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

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

BETZ
BETZ Risk / Return Rank: 55
Overall Rank
BETZ Sharpe Ratio Rank: 55
Sharpe Ratio Rank
BETZ Sortino Ratio Rank: 55
Sortino Ratio Rank
BETZ Omega Ratio Rank: 55
Omega Ratio Rank
BETZ Calmar Ratio Rank: 66
Calmar Ratio Rank
BETZ Martin Ratio Rank: 66
Martin Ratio Rank
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.

UNHW vs. BETZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill UNH WeeklyPay ETF (UNHW) and Roundhill Sports Betting & iGaming ETF (BETZ). 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.

UNHWBETZDifference
Sharpe ratioReturn per unit of total volatility

—

-0.46

—

Sortino ratioReturn per unit of downside risk

—

-0.53

—

Omega ratioGain probability vs. loss probability

—

0.94

—

Calmar ratioReturn relative to maximum drawdown

—

-0.33

—

Martin ratioReturn relative to average drawdown

—

-0.54

—

UNHW vs. BETZ - Sharpe Ratio Comparison

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Drawdowns

UNHW vs. BETZ - Drawdown Comparison

The maximum UNHW drawdown since its inception was -32.28%, smaller than the maximum BETZ drawdown of -60.82%. Use the drawdown chart below to compare losses from any high point for UNHW and BETZ.

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Drawdown Indicators

UNHWBETZDifference

Max Drawdown

Largest peak-to-trough decline

-32.28%

-60.82%

+28.54%

Max Drawdown (1Y)

Largest decline over 1 year

—

-29.20%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-29.20%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-59.79%

—

Current Drawdown

Current decline from peak

-1.07%

-37.93%

+36.86%

Average Drawdown

Average peak-to-trough decline

-11.40%

-33.81%

+22.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

17.53%

—

Volatility

UNHW vs. BETZ - Volatility Comparison

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Volatility by Period

UNHWBETZDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

6.37%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

16.49%

—

Volatility (1Y)

Calculated over the trailing 1-year period

48.79%

20.69%

+28.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

48.79%

26.98%

+21.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.79%

27.94%

+20.85%

UNHW vs. BETZ - Expense Ratio Comparison

UNHW has a 0.99% expense ratio, which is higher than BETZ's 0.75% expense ratio.

Dividends

UNHW vs. BETZ - Dividend Comparison

UNHW's dividend yield for the trailing twelve months is around 18.25%, more than BETZ's 4.98% yield.

PositionTTM202520242023202220212020
BETZ
Roundhill Sports Betting & iGaming ETF		4.98%4.57%0.86%0.00%0.66%0.00%0.28%
UNHW
Roundhill UNH WeeklyPay ETF		18.25%2.81%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

UNHW and BETZ have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BETZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BETZ is cheaper with a 0.75% expense ratio, compared with 0.99% for UNHW.

UNHW has the higher dividend yield at 18.25%, compared with 4.98% for BETZ.

UNHW is categorized as Leveraged Equities, while BETZ is Consumer Discretionary Equities. Their fees differ too: 0.99% for UNHW and 0.75% for BETZ.

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