We investigate the metamaterials consisting of the top layer U-shaped metallic split-ring resonators (SRRs), the middle thin dielectric layer, and the bottom thick metal film, which can realize high-quality refractive index sensing. When propagating surface plasmon polaritons are introduced, two ultra-narrow-band hybridized modes will appear, whose full width at half maximum can reach up 2.5 nm. Because of ultra-narrow linewidth and huge magnetic field enhancement at hybridized modes, the metamaterials displays very high sensitivity (S = 912 nm/RIU, S* = 95.64/RIU) and large figure of merit (FOM = 364.8, FOM*= 160740.34), which has great potential in the label-free biomedical sensing.