CNC vs. UNH
Compare and contrast key facts about Centene Corporation (CNC) and UnitedHealth Group Incorporated (UNH).
Performance
CNC vs. UNH - Performance Comparison
Loading graphics...
CNC vs. UNH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNC Centene Corporation | -17.50% | -32.07% | -18.37% | -9.51% | -0.47% | 37.26% | -4.52% | 9.05% | 14.29% | 78.52% |
UNH UnitedHealth Group Incorporated | -16.36% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 39.83% |
Fundamentals
CNC:
$16.67B
UNH:
$249.32B
CNC:
-$13.57
UNH:
$15.62
CNC:
0.09
UNH:
0.56
CNC:
0.84
UNH:
2.49
CNC:
$194.78B
UNH:
$447.57B
CNC:
$23.83B
UNH:
$82.92B
CNC:
-$5.14B
UNH:
$23.19B
Returns By Period
In the year-to-date period, CNC achieves a -17.50% return, which is significantly lower than UNH's -16.36% return. Over the past 10 years, CNC has underperformed UNH with an annualized return of 0.95%, while UNH has yielded a comparatively higher 9.53% annualized return.
CNC
- 1D
- 3.70%
- 1M
- -23.88%
- YTD
- -17.50%
- 6M
- -5.01%
- 1Y
- -43.84%
- 3Y*
- -18.71%
- 5Y*
- -11.70%
- 10Y*
- 0.95%
UNH
- 1D
- 1.25%
- 1M
- -6.38%
- YTD
- -16.36%
- 6M
- -20.19%
- 1Y
- -46.15%
- 3Y*
- -14.96%
- 5Y*
- -4.05%
- 10Y*
- 9.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CNC vs. UNH — Risk / Return Rank
CNC
UNH
CNC vs. UNH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Centene Corporation (CNC) 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.
| CNC | UNH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.70 | -0.91 | +0.20 |
Sortino ratioReturn per unit of downside risk | -0.66 | -1.12 | +0.46 |
Omega ratioGain probability vs. loss probability | 0.88 | 0.82 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.77 | +0.04 |
Martin ratioReturn relative to average drawdown | -1.12 | -1.02 | -0.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CNC | UNH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.70 | -0.91 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | -0.13 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.32 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.61 | -0.27 |
Correlation
The correlation between CNC and UNH is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CNC vs. UNH - Dividend Comparison
CNC has not paid dividends to shareholders, while UNH's dividend yield for the trailing twelve months is around 3.23%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNC Centene Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UNH UnitedHealth Group Incorporated | 3.23% | 2.64% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% |
Drawdowns
CNC vs. UNH - Drawdown Comparison
The maximum CNC drawdown since its inception was -74.07%, roughly equal to the maximum UNH drawdown of -74.37%. Use the drawdown chart below to compare losses from any high point for CNC and UNH.
Loading graphics...
Drawdown Indicators
| CNC | UNH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.07% | -74.37% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -60.79% | -60.06% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -74.07% | -61.39% | -12.68% |
Max Drawdown (10Y)Largest decline over 10 years | -74.07% | -61.39% | -12.68% |
Current DrawdownCurrent decline from peak | -65.08% | -54.58% | -10.50% |
Average DrawdownAverage peak-to-trough decline | -21.95% | -14.63% | -7.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.19% | 45.53% | -6.34% |
Volatility
CNC vs. UNH - Volatility Comparison
Centene Corporation (CNC) has a higher volatility of 20.80% compared to UnitedHealth Group Incorporated (UNH) at 7.69%. This indicates that CNC'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.
Loading graphics...
Volatility by Period
| CNC | UNH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.80% | 7.69% | +13.11% |
Volatility (6M)Calculated over the trailing 6-month period | 37.32% | 29.38% | +7.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.57% | 51.09% | +11.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.66% | 31.26% | +7.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.03% | 29.84% | +8.19% |
Financials
CNC vs. UNH - Financials Comparison
This section allows you to compare key financial metrics between Centene Corporation 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
CNC vs. UNH - Profitability Comparison
CNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Centene Corporation reported a gross profit of 7.55B and revenue of 49.73B. Therefore, the gross margin over that period was 15.2%.
UNH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, UnitedHealth Group Incorporated reported a gross profit of 18.49B and revenue of 113.22B. Therefore, the gross margin over that period was 16.3%.
CNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Centene Corporation reported an operating income of -1.74B and revenue of 49.73B, resulting in an operating margin of -3.5%.
UNH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, UnitedHealth Group Incorporated reported an operating income of 380.00M and revenue of 113.22B, resulting in an operating margin of 0.3%.
CNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Centene Corporation reported a net income of -1.10B and revenue of 49.73B, resulting in a net margin of -2.2%.
UNH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, UnitedHealth Group Incorporated reported a net income of 2.18B and revenue of 113.22B, resulting in a net margin of 1.9%.