XPH vs. UNHW

Last updated Jun 4, 2026

XPH (SPDR S&P Pharmaceuticals ETF) and UNHW (Roundhill UNH WeeklyPay ETF) are both exchange-traded funds - XPH is a Health & Biotech Equities fund tracking the S&P Pharmaceuticals Select Industry Index, while UNHW is a Leveraged Equities fund actively managed by Roundhill Investments. XPH is passively managed, while UNHW is actively managed. At a 0.06 correlation, their price movements are largely independent. XPH charges 0.35%/yr vs 0.99%/yr for UNHW.

Performance

XPH vs. UNHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Pharmaceuticals ETF (XPH) 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, XPH achieves a 0.66% return, which is significantly lower than UNHW's 15.08% return.

XPH

• 1D: 1.10%
• 1M: -4.74%
• YTD: 0.66%
• 6M: 4.44%
• 1Y: 37.98%
• 3Y*: 13.07%
• 5Y*: 3.50%
• 10Y*: 3.44%

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)

XPH vs. UNHW - Yearly Performance Comparison

	2026 (YTD)	2025
XPH SPDR S&P Pharmaceuticals ETF	0.66%	3.76%
UNHW Roundhill UNH WeeklyPay ETF	15.08%	-3.02%

Correlation

The correlation between XPH and UNHW is 0.06, 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 4, 2025	0.06

XPH vs. UNHW - Sectors Allocation Comparison

Sectors	XPH	UNHW
Healthcare	100.0%	33.4%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

XPH vs. UNHW — Risk / Return Rank

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

XPH

XPH Risk / Return Rank: 55
XPH Sharpe Ratio Rank: 51
XPH Sortino Ratio Rank: 51
XPH Omega Ratio Rank: 46
XPH Calmar Ratio Rank: 64
XPH Martin Ratio Rank: 63

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.

XPH vs. UNHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Pharmaceuticals ETF (XPH) 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.

	XPH	UNHW	Difference
Sharpe ratio Return per unit of total volatility	1.77	—	—
Sortino ratio Return per unit of downside risk	2.51	—	—
Omega ratio Gain probability vs. loss probability	1.30	—	—
Calmar ratio Return relative to maximum drawdown	3.19	—	—
Martin ratio Return relative to average drawdown	11.37	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XPH	UNHW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.50	-0.12

Drawdowns

XPH vs. UNHW - Drawdown Comparison

The maximum XPH drawdown since its inception was -48.03%, which is greater than UNHW's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for XPH and UNHW.

Drawdown Indicators

	XPH	UNHW	Difference
Max Drawdown Largest peak-to-trough decline	-48.03%	-32.28%	-15.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.97%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.97%	—	—
Current Drawdown Current decline from peak	-7.22%	-7.06%	-0.16%
Average Drawdown Average peak-to-trough decline	-17.25%	-12.48%	-4.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	—	—

Volatility

Volatility by Period

	XPH	UNHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.52%	49.81%	-28.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.84%	49.81%	-28.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.10%	49.81%	-27.71%

XPH vs. UNHW - Expense Ratio Comparison

XPH has a 0.35% expense ratio, which is lower than UNHW's 0.99% expense ratio.

Dividends

XPH vs. UNHW - Dividend Comparison

XPH's dividend yield for the trailing twelve months is around 0.66%, less than UNHW's 17.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UNHW Roundhill UNH WeeklyPay ETF	17.33%	2.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XPH SPDR S&P Pharmaceuticals ETF	0.66%	0.83%	1.58%	1.28%	1.64%	0.95%	0.47%	0.64%	0.65%	0.67%	0.63%	7.15%

Frequently Asked Questions

Can I hold both XPH and UNHW in my portfolio?

XPH and UNHW have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XPH or UNHW?

On fees, XPH is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XPH or UNHW?

XPH is cheaper with a 0.35% expense ratio, compared with 0.99% for UNHW.

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

UNHW has the higher dividend yield at 17.33%, compared with 0.66% for XPH.

What is the main difference between XPH and UNHW?

XPH is categorized as Health & Biotech Equities, while UNHW is Leveraged Equities. They also come from different issuers: State Street and Roundhill Investments. Their fees differ too: 0.35% for XPH and 0.99% for UNHW.