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AMGN vs. UNH

Last updated Feb 24, 2024

Compare and contrast key facts about Amgen Inc. (AMGN) and UnitedHealth Group Incorporated (UNH).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMGN or UNH.

Key characteristics


AMGNUNH
YTD Return1.19%0.15%
1Y Return25.79%8.84%
3Y Return (Ann)11.06%18.62%
5Y Return (Ann)12.45%16.31%
10Y Return (Ann)11.88%23.39%
Sharpe Ratio1.230.46
Daily Std Dev21.67%20.54%
Max Drawdown-78.03%-82.67%
Current Drawdown-10.20%-4.33%

Fundamentals


AMGNUNH
Market Cap$154.98B$487.66B
EPS$12.49$23.88
PE Ratio23.1522.08
PEG Ratio2.101.48
Revenue (TTM)$28.19B$371.62B
Gross Profit (TTM)$19.92B$79.62B
EBITDA (TTM)$12.23B$36.33B

Correlation

0.25
-1.001.00

The correlation between AMGN and UNH is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

AMGN vs. UNH - Performance Comparison

In the year-to-date period, AMGN achieves a 1.19% return, which is significantly higher than UNH's 0.15% return. Over the past 10 years, AMGN has underperformed UNH with an annualized return of 11.88%, while UNH has yielded a comparatively higher 23.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%25.00%30.00%SeptemberOctoberNovemberDecember2024February
14.57%
8.58%
AMGN
UNH

Compare stocks, funds, or ETFs


Amgen Inc.

UnitedHealth Group Incorporated

AMGN vs. UNH - Dividend Comparison

AMGN's dividend yield for the trailing twelve months is around 2.99%, more than UNH's 1.38% yield.


TTM20232022202120202019201820172016201520142013
AMGN
Amgen Inc.
2.99%2.96%2.95%3.13%2.78%2.41%2.71%2.65%2.74%1.95%1.53%1.65%
UNH
UnitedHealth Group Incorporated
1.38%1.38%1.21%1.12%1.38%1.41%1.38%1.30%1.48%1.59%1.39%1.40%

AMGN vs. UNH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Amgen Inc. (AMGN) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AMGN
Amgen Inc.
1.23
UNH
UnitedHealth Group Incorporated
0.46

AMGN vs. UNH - Sharpe Ratio Comparison

The current AMGN Sharpe Ratio is 1.23, which is higher than the UNH Sharpe Ratio of 0.46. The chart below compares the 12-month rolling Sharpe Ratio of AMGN and UNH.


Rolling 12-month Sharpe Ratio0.000.501.001.50SeptemberOctoberNovemberDecember2024February
1.23
0.46
AMGN
UNH

AMGN vs. UNH - Drawdown Comparison

The maximum AMGN drawdown since its inception was -78.03%, smaller than the maximum UNH drawdown of -82.67%. The drawdown chart below compares losses from any high point along the way for AMGN and UNH


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2024February
-10.20%
-4.33%
AMGN
UNH

AMGN vs. UNH - Volatility Comparison

Amgen Inc. (AMGN) has a higher volatility of 8.61% compared to UnitedHealth Group Incorporated (UNH) at 5.77%. This indicates that AMGN's price experiences larger fluctuations and is considered to be riskier than UNH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%SeptemberOctoberNovemberDecember2024February
8.61%
5.77%
AMGN
UNH