UNHW vs. QTJL

Last updated Jun 5, 2026

UNHW (Roundhill UNH WeeklyPay ETF) and QTJL (Innovator Growth Accelerated Plus ETF - July) are both Leveraged Equities funds. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. UNHW charges 0.99%/yr vs 0.79%/yr for QTJL.

Performance

UNHW vs. QTJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill UNH WeeklyPay ETF (UNHW) and Innovator Growth Accelerated Plus ETF - July (QTJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UNHW achieves a 22.06% return, which is significantly higher than QTJL's 7.18% return.

UNHW

• 1D: 6.07%
• 1M: 10.36%
• YTD: 22.06%
• 6M: 20.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTJL

• 1D: 0.02%
• 1M: 1.08%
• YTD: 7.18%
• 6M: 7.93%
• 1Y: 20.28%
• 3Y*: 19.18%
• 5Y*: —
• 10Y*: —

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

UNHW vs. QTJL - Yearly Performance Comparison

	2026 (YTD)	2025
UNHW Roundhill UNH WeeklyPay ETF	22.06%	-3.02%
QTJL Innovator Growth Accelerated Plus ETF - July	7.18%	0.71%

Correlation

The correlation between UNHW and QTJL 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 4, 2025	0.22

UNHW vs. QTJL - Sectors Allocation Comparison

Sectors	UNHW	QTJL
Healthcare	33.4%	4.2%
Basic Materials	-	1.2%
Communication Services	-	15.5%
Consumer Cyclical	-	12.2%
Consumer Defensive	-	7.6%
Energy	-	0.6%
Financial Services	-	0.2%
Industrials	-	2.8%
Real Estate	-	0.1%
Technology	-	54.2%
Utilities	-	1.4%

Return for Risk

UNHW vs. QTJL — Risk / Return Rank

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

QTJL

QTJL Risk / Return Rank: 68
QTJL Sharpe Ratio Rank: 62
QTJL Sortino Ratio Rank: 63
QTJL Omega Ratio Rank: 71
QTJL Calmar Ratio Rank: 62
QTJL Martin Ratio Rank: 82

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. QTJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill UNH WeeklyPay ETF (UNHW) and Innovator Growth Accelerated Plus ETF - July (QTJL). 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

	UNHW	QTJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.52	+0.29

Drawdowns

UNHW vs. QTJL - Drawdown Comparison

The maximum UNHW drawdown since its inception was -32.28%, roughly equal to the maximum QTJL drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for UNHW and QTJL.

Drawdown Indicators

	UNHW	QTJL	Difference
Max Drawdown Largest peak-to-trough decline	-32.28%	-33.40%	+1.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Current Drawdown Current decline from peak	-1.42%	0.00%	-1.42%
Average Drawdown Average peak-to-trough decline	-12.40%	-7.93%	-4.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.27%	—

Volatility

Volatility by Period

	UNHW	QTJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.32%	9.99%	+40.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.32%	20.42%	+29.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.32%	20.42%	+29.90%

UNHW vs. QTJL - Expense Ratio Comparison

UNHW has a 0.99% expense ratio, which is higher than QTJL's 0.79% expense ratio.

Dividends

UNHW vs. QTJL - Dividend Comparison

UNHW's dividend yield for the trailing twelve months is around 16.34%, while QTJL has not paid dividends to shareholders.

Position	TTM	2025
QTJL Innovator Growth Accelerated Plus ETF - July	0.00%	0.00%
UNHW Roundhill UNH WeeklyPay ETF	16.34%	2.81%

Frequently Asked Questions

Can I hold both UNHW and QTJL in my portfolio?

UNHW and QTJL 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, UNHW or QTJL?

On fees, QTJL is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UNHW or QTJL?

QTJL is cheaper with a 0.79% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 16.34%, compared with 0.00% for QTJL.

What is the main difference between UNHW and QTJL?

They also come from different issuers: Roundhill Investments and Innovator. Their fees differ too: 0.99% for UNHW and 0.79% for QTJL.