ES vs. UNH
ES (Eversource Energy) and UNH (UnitedHealth Group Incorporated) are both stocks. ES operates in Utilities - Regulated Electric (Utilities), while UNH operates in Healthcare Plans (Healthcare). Over the past 10 years, ES returned 5.44%/yr vs 13.32%/yr for UNH. At a 0.19 correlation, their price movements are largely independent.
Performance
ES vs. UNH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ES achieves a 4.32% return, which is significantly lower than UNH's 24.71% return. Over the past 10 years, ES has underperformed UNH with an annualized return of 5.44%, while UNH has yielded a comparatively higher 13.32% annualized return.
ES
- 1D
- 0.38%
- 1M
- 3.48%
- YTD
- 4.32%
- 6M
- 4.28%
- 1Y
- 10.16%
- 3Y*
- 4.00%
- 5Y*
- 0.24%
- 10Y*
- 5.44%
UNH
- 1D
- 0.73%
- 1M
- 3.72%
- YTD
- 24.71%
- 6M
- 20.44%
- 1Y
- 33.97%
- 3Y*
- -4.10%
- 5Y*
- 2.27%
- 10Y*
- 13.32%
ES vs. UNH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.32% | 22.86% | -2.46% | -23.43% | -5.06% | 8.18% | 4.45% | 34.49% | 6.41% | 17.97% |
UNH UnitedHealth Group Incorporated | 24.71% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 39.83% |
Correlation
The correlation between ES and UNH is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.19 |
Fundamentals
ES:
$25.87B
UNH:
$371.75B
ES:
$4.68
UNH:
$13.23
ES:
14.67
UNH:
30.88
ES:
1.84
UNH:
0.83
ES:
0.00
UNH:
3.58
ES:
$13.93B
UNH:
$449.71B
ES:
$4.19B
UNH:
$84.55B
ES:
$4.60B
UNH:
$22.99B
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
ES vs. UNH — Risk / Return Rank
ES
UNH
ES vs. UNH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eversource Energy (ES) 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.
| ES | UNH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.19 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 1.11 | -0.50 |
| Martin ratioReturn relative to average drawdown | 1.46 | 2.43 | -0.96 |
Loading charts...
Drawdowns
ES vs. UNH - Drawdown Comparison
The maximum ES drawdown since its inception was -73.04%, roughly equal to the maximum UNH drawdown of -74.37%. Use the drawdown chart below to compare losses from any high point for ES and UNH.
Loading charts...
Drawdown Indicators
| ES | UNH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.04% | -74.37% | +1.33% |
Max Drawdown (1Y)Largest decline over 1 year | -15.13% | -28.96% | +13.83% |
Max Drawdown (3Y)Largest decline over 3 years | -28.65% | -61.39% | +32.74% |
Max Drawdown (5Y)Largest decline over 5 years | -41.69% | -61.39% | +19.70% |
Max Drawdown (10Y)Largest decline over 10 years | -41.69% | -61.39% | +19.70% |
Current DrawdownCurrent decline from peak | -13.32% | -32.27% | +18.95% |
Average DrawdownAverage peak-to-trough decline | -19.06% | -14.77% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.30% | 13.19% | -6.89% |
Volatility
ES vs. UNH - Volatility Comparison
Eversource Energy (ES) and UnitedHealth Group Incorporated (UNH) have volatilities of 7.72% and 7.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ES | UNH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.72% | 7.60% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 16.00% | 30.86% | -14.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.68% | 40.10% | -15.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.94% | 31.87% | -7.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.35% | 30.18% | -5.83% |
Dividends
ES vs. UNH - Dividend Comparison
ES's dividend yield for the trailing twelve months is around 4.48%, more than UNH's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.48% | 4.47% | 4.98% | 4.37% | 3.04% | 2.65% | 2.62% | 2.52% | 3.11% | 3.01% | 3.22% | 3.27% |
UNH UnitedHealth Group Incorporated | 2.16% | 2.64% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% |
Financials
ES vs. UNH - Financials Comparison
This section allows you to compare key financial metrics between Eversource Energy 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
Frequently Asked Questions
ES and UNH have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ES has higher volatility (7.72%) compared to UNH (7.60%). In terms of maximum drawdown, ES dropped -73.04% vs UNH's -74.37%.
UNH currently has the higher Sharpe Ratio (0.80 vs 0.37), 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.
Find the right allocation for ES and UNH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer