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DAL vs. UAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between DAL and UAL is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

DAL vs. UAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delta Air Lines, Inc. (DAL) and United Airlines Holdings, Inc. (UAL). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%AugustSeptemberOctoberNovemberDecember2025
51.90%
122.70%
DAL
UAL

Key characteristics

Sharpe Ratio

DAL:

2.44

UAL:

4.24

Sortino Ratio

DAL:

3.45

UAL:

5.17

Omega Ratio

DAL:

1.40

UAL:

1.61

Calmar Ratio

DAL:

1.96

UAL:

3.02

Martin Ratio

DAL:

7.77

UAL:

18.35

Ulcer Index

DAL:

10.19%

UAL:

10.00%

Daily Std Dev

DAL:

32.39%

UAL:

43.32%

Max Drawdown

DAL:

-81.73%

UAL:

-93.50%

Current Drawdown

DAL:

-1.69%

UAL:

-0.27%

Fundamentals

Market Cap

DAL:

$42.70B

UAL:

$35.31B

EPS

DAL:

$5.30

UAL:

$8.49

PE Ratio

DAL:

12.42

UAL:

12.65

PEG Ratio

DAL:

39.29

UAL:

0.84

Total Revenue (TTM)

DAL:

$61.64B

UAL:

$42.37B

Gross Profit (TTM)

DAL:

$13.81B

UAL:

$7.62B

EBITDA (TTM)

DAL:

$7.34B

UAL:

$6.12B

Returns By Period

In the year-to-date period, DAL achieves a 8.79% return, which is significantly lower than UAL's 10.59% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: DAL at 3.93% and UAL at 3.93%.


DAL

YTD

8.79%

1M

8.03%

6M

51.14%

1Y

78.46%

5Y*

2.46%

10Y*

3.93%

UAL

YTD

10.59%

1M

10.25%

6M

122.83%

1Y

176.61%

5Y*

5.22%

10Y*

3.93%

*Annualized

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Risk-Adjusted Performance

DAL vs. UAL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAL
The Risk-Adjusted Performance Rank of DAL is 9191
Overall Rank
The Sharpe Ratio Rank of DAL is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of DAL is 9494
Sortino Ratio Rank
The Omega Ratio Rank of DAL is 9191
Omega Ratio Rank
The Calmar Ratio Rank of DAL is 8989
Calmar Ratio Rank
The Martin Ratio Rank of DAL is 8888
Martin Ratio Rank

UAL
The Risk-Adjusted Performance Rank of UAL is 9797
Overall Rank
The Sharpe Ratio Rank of UAL is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of UAL is 9999
Sortino Ratio Rank
The Omega Ratio Rank of UAL is 9797
Omega Ratio Rank
The Calmar Ratio Rank of UAL is 9494
Calmar Ratio Rank
The Martin Ratio Rank of UAL is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DAL vs. UAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Delta Air Lines, Inc. (DAL) and United Airlines Holdings, Inc. (UAL). 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 ratio
The chart of Sharpe ratio for DAL, currently valued at 2.44, compared to the broader market-2.000.002.004.002.444.24
The chart of Sortino ratio for DAL, currently valued at 3.45, compared to the broader market-4.00-2.000.002.004.006.003.455.17
The chart of Omega ratio for DAL, currently valued at 1.40, compared to the broader market0.501.001.502.001.401.61
The chart of Calmar ratio for DAL, currently valued at 1.96, compared to the broader market0.002.004.006.001.963.02
The chart of Martin ratio for DAL, currently valued at 7.77, compared to the broader market-10.000.0010.0020.0030.007.7718.35
DAL
UAL

The current DAL Sharpe Ratio is 2.44, which is lower than the UAL Sharpe Ratio of 4.24. The chart below compares the historical Sharpe Ratios of DAL and UAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
2.44
4.24
DAL
UAL

Dividends

DAL vs. UAL - Dividend Comparison

DAL's dividend yield for the trailing twelve months is around 0.76%, while UAL has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
DAL
Delta Air Lines, Inc.
0.76%0.83%0.50%0.00%0.00%1.00%2.58%2.63%1.81%1.37%0.89%0.61%
UAL
United Airlines Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

DAL vs. UAL - Drawdown Comparison

The maximum DAL drawdown since its inception was -81.73%, smaller than the maximum UAL drawdown of -93.50%. Use the drawdown chart below to compare losses from any high point for DAL and UAL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-1.69%
-0.27%
DAL
UAL

Volatility

DAL vs. UAL - Volatility Comparison

Delta Air Lines, Inc. (DAL) has a higher volatility of 11.40% compared to United Airlines Holdings, Inc. (UAL) at 10.26%. This indicates that DAL's price experiences larger fluctuations and is considered to be riskier than UAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%AugustSeptemberOctoberNovemberDecember2025
11.40%
10.26%
DAL
UAL

Financials

DAL vs. UAL - Financials Comparison

This section allows you to compare key financial metrics between Delta Air Lines, Inc. and United Airlines Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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