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UNHW vs. XLV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

UNHW vs. XLV

Last updated Jul 12, 2026
Documentation

UNHW (Roundhill UNH WeeklyPay ETF) and XLV (State Street Health Care Select Sector SPDR ETF) are both exchange-traded funds - UNHW is a Leveraged Equities fund actively managed by Roundhill Investments, while XLV is a Health & Biotech Equities fund tracking the Health Care Select Sector Index. UNHW is actively managed, while XLV is passively managed. At a 0.43 correlation, their price movements are largely independent. UNHW charges 0.99%/yr vs 0.08%/yr for XLV.

Performance

UNHW vs. XLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill UNH WeeklyPay ETF (UNHW) and State Street Health Care Select Sector SPDR ETF (XLV). 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 32.77% return, which is significantly higher than XLV's 4.79% return.

UNHW

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

XLV

1D
-0.82%
1M
5.03%
6M
3.12%
YTD
4.79%
1Y
21.05%
3Y*
9.15%
5Y*
6.27%
10Y*
9.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UNHW vs. XLV - Yearly Performance Comparison

2026 (YTD)2025
UNHW
Roundhill UNH WeeklyPay ETF		32.77%1.54%
XLV
State Street Health Care Select Sector SPDR ETF		4.79%0.71%

Correlation

The correlation between UNHW and XLV is 0.43, 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

0.43

UNHW vs. XLV - Sectors Allocation Comparison

Sectors
UNHW
XLV

Healthcare

27.9%
100.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Healthcare

UNHW
27.9%
XLV
100.0%

Basic Materials

UNHW

-

XLV

-

Communication Services

UNHW

-

XLV

-

Consumer Cyclical

UNHW

-

XLV

-

Consumer Defensive

UNHW

-

XLV

-

Energy

UNHW

-

XLV

-

Financial Services

UNHW

-

XLV

-

Industrials

UNHW

-

XLV

-

Real Estate

UNHW

-

XLV

-

Technology

UNHW

-

XLV

-

Utilities

UNHW

-

XLV

-

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

State Street Health Care Select Sector SPDR ETF

Often compared with UNHW:
UNHW vs. ARMWUNHW vs. VHTUNHW vs. NERDUNHW vs. MUUUNHW vs. BBCUNHW vs. BETZUNHW vs. XTAP
Often compared with XLV:
XLV vs. VHTXLV vs. SPYXLV vs. XLFXLV vs. IXJXLV vs. VOOXLV vs. FHLCXLV vs. IBB

Return for Risk

UNHW vs. XLV — 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.

XLV
XLV Risk / Return Rank: 4545
Overall Rank
XLV Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
XLV Sortino Ratio Rank: 5151
Sortino Ratio Rank
XLV Omega Ratio Rank: 4242
Omega Ratio Rank
XLV Calmar Ratio Rank: 4747
Calmar Ratio Rank
XLV Martin Ratio Rank: 3737
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. XLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill UNH WeeklyPay ETF (UNHW) and State Street Health Care Select Sector SPDR ETF (XLV). 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.

UNHWXLVDifference
Sharpe ratioReturn per unit of total volatility

—

1.28

—

Sortino ratioReturn per unit of downside risk

—

2.04

—

Omega ratioGain probability vs. loss probability

—

1.23

—

Calmar ratioReturn relative to maximum drawdown

—

1.92

—

Martin ratioReturn relative to average drawdown

—

4.56

—

UNHW vs. XLV - Sharpe Ratio Comparison

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Drawdowns

UNHW vs. XLV - Drawdown Comparison

The maximum UNHW drawdown since its inception was -32.28%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for UNHW and XLV.

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Drawdown Indicators

UNHWXLVDifference

Max Drawdown

Largest peak-to-trough decline

-32.28%

-39.17%

+6.89%

Max Drawdown (1Y)

Largest decline over 1 year

—

-10.47%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-17.11%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-17.11%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.40%

—

Current Drawdown

Current decline from peak

-1.69%

-2.19%

+0.50%

Average Drawdown

Average peak-to-trough decline

-10.51%

-7.11%

-3.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

4.42%

—

Volatility

UNHW vs. XLV - Volatility Comparison

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Volatility by Period

UNHWXLVDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.92%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

11.57%

—

Volatility (1Y)

Calculated over the trailing 1-year period

47.61%

15.75%

+31.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.61%

14.93%

+32.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.61%

16.60%

+31.01%

UNHW vs. XLV - Expense Ratio Comparison

UNHW has a 0.99% expense ratio, which is higher than XLV's 0.08% expense ratio.

Dividends

UNHW vs. XLV - Dividend Comparison

UNHW's dividend yield for the trailing twelve months is around 18.96%, more than XLV's 1.57% yield.

PositionTTM20252024202320222021202020192018201720162015
UNHW
Roundhill UNH WeeklyPay ETF		18.96%2.81%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLV
State Street Health Care Select Sector SPDR ETF		1.57%1.60%1.67%1.59%1.47%1.33%1.49%2.17%1.57%1.47%1.60%1.43%

Frequently Asked Questions

UNHW and XLV have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XLV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XLV is cheaper with a 0.08% expense ratio, compared with 0.99% for UNHW.

UNHW has the higher dividend yield at 18.96%, compared with 1.57% for XLV.

UNHW is categorized as Leveraged Equities, while XLV is Health & Biotech Equities. They also come from different issuers: Roundhill Investments and State Street. Their fees differ too: 0.99% for UNHW and 0.08% for XLV.

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