The 8.1 update killed the 2016 Ultra's ability to output DD 5.1 over HDMI. Here's a link to the thread where Roku acknowledges the bug:
https://forums.roku.com/viewtopic.php?f=28&t=116363
In my setup, I'm still able to transcode to DD 5.1 over optical, but I have no such luck over HDMI.