AIT vs. UNH
AIT (Applied Industrial Technologies, Inc.) and UNH (UnitedHealth Group Incorporated) are both stocks. AIT operates in Industrial Distribution (Industrials), while UNH operates in Healthcare Plans (Healthcare). Over the past 10 years, AIT returned 24.25%/yr vs 13.33%/yr for UNH. At a 0.19 correlation, their price movements are largely independent.
Performance
AIT vs. UNH - Performance Comparison
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Returns By Period
In the year-to-date period, AIT achieves a 32.12% return, which is significantly higher than UNH's 24.89% return. Over the past 10 years, AIT has outperformed UNH with an annualized return of 24.25%, while UNH has yielded a comparatively lower 13.33% annualized return.
AIT
- 1D
- 0.03%
- 1M
- 10.08%
- YTD
- 32.12%
- 6M
- 28.75%
- 1Y
- 49.85%
- 3Y*
- 36.14%
- 5Y*
- 32.22%
- 10Y*
- 24.25%
UNH
- 1D
- 1.43%
- 1M
- 5.31%
- YTD
- 24.89%
- 6M
- 26.80%
- 1Y
- 38.30%
- 3Y*
- -3.23%
- 5Y*
- 2.34%
- 10Y*
- 13.33%
AIT vs. UNH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIT Applied Industrial Technologies, Inc. | 32.12% | 8.01% | 39.67% | 38.35% | 24.25% | 33.57% | 19.37% | 26.35% | -19.41% | 16.89% |
UNH UnitedHealth Group Incorporated | 24.89% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 39.83% |
Correlation
The correlation between AIT and UNH is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.19 |
The correlation between AIT and UNH shifts across timeframes, from 0.12 (3 years) to 0.25 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AIT:
$12.85B
UNH:
$370.08B
AIT:
$10.56
UNH:
$13.23
AIT:
32.02
UNH:
30.74
AIT:
2.67
UNH:
0.82
AIT:
4.30
UNH:
3.56
AIT:
$4.84B
UNH:
$449.71B
AIT:
$1.47B
UNH:
$84.55B
AIT:
$563.38M
UNH:
$22.99B
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Return for Risk
AIT vs. UNH — Risk / Return Rank
AIT
UNH
AIT vs. UNH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Industrial Technologies, Inc. (AIT) and UnitedHealth Group Incorporated (UNH). 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.
| AIT | UNH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.90 | 1.33 | +2.57 |
| Martin ratioReturn relative to average drawdown | 9.37 | 2.92 | +6.45 |
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Drawdowns
AIT vs. UNH - Drawdown Comparison
The maximum AIT drawdown since its inception was -66.47%, smaller than the maximum UNH drawdown of -74.37%. Use the drawdown chart below to compare losses from any high point for AIT and UNH.
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Drawdown Indicators
| AIT | UNH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.47% | -74.37% | +7.90% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -28.96% | +16.10% |
Max Drawdown (3Y)Largest decline over 3 years | -26.42% | -61.39% | +34.97% |
Max Drawdown (5Y)Largest decline over 5 years | -26.42% | -61.39% | +34.97% |
Max Drawdown (10Y)Largest decline over 10 years | -59.29% | -61.39% | +2.10% |
Current DrawdownCurrent decline from peak | 0.00% | -32.18% | +32.18% |
Average DrawdownAverage peak-to-trough decline | -18.03% | -14.78% | -3.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.34% | 13.17% | -7.83% |
Volatility
AIT vs. UNH - Volatility Comparison
The current volatility for Applied Industrial Technologies, Inc. (AIT) is 6.88%, while UnitedHealth Group Incorporated (UNH) has a volatility of 7.70%. This indicates that AIT experiences smaller price fluctuations and is considered to be less risky than UNH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIT | UNH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 7.70% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 19.63% | 30.78% | -11.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.61% | 40.10% | -13.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.42% | 31.90% | -1.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.32% | 30.21% | +3.11% |
Dividends
AIT vs. UNH - Dividend Comparison
AIT's dividend yield for the trailing twelve months is around 0.57%, less than UNH's 2.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIT Applied Industrial Technologies, Inc. | 0.57% | 0.72% | 0.62% | 0.81% | 1.08% | 1.29% | 1.64% | 1.86% | 2.22% | 1.70% | 1.89% | 2.67% |
UNH UnitedHealth Group Incorporated | 2.23% | 2.64% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% |
Financials
AIT vs. UNH - Financials Comparison
This section allows you to compare key financial metrics between Applied Industrial Technologies, Inc. and UnitedHealth Group Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AIT vs. UNH - Profitability Comparison
AIT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Industrial Technologies, Inc. reported a gross profit of 397.52M and revenue of 1.25B. Therefore, the gross margin over that period was 31.8%.
UNH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UnitedHealth Group Incorporated reported a gross profit of 25.41B and revenue of 111.72B. Therefore, the gross margin over that period was 22.7%.
AIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Industrial Technologies, Inc. reported an operating income of 137.93M and revenue of 1.25B, resulting in an operating margin of 11.0%.
UNH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UnitedHealth Group Incorporated reported an operating income of 8.99B and revenue of 111.72B, resulting in an operating margin of 8.1%.
AIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Industrial Technologies, Inc. reported a net income of 99.77M and revenue of 1.25B, resulting in a net margin of 8.0%.
UNH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UnitedHealth Group Incorporated reported a net income of 6.28B and revenue of 111.72B, resulting in a net margin of 5.6%.
Frequently Asked Questions
AIT and UNH have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNH has higher volatility (7.70%) compared to AIT (6.88%). In terms of maximum drawdown, AIT dropped -66.47% vs UNH's -74.37%.
AIT currently has the higher Sharpe Ratio (1.89 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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