GGB vs. UNP
GGB (Gerdau S.A.) and UNP (Union Pacific Corporation) are both stocks. GGB operates in Steel (Basic Materials), while UNP operates in Railroads (Industrials). Over the past 10 years, GGB returned 15.97%/yr vs 14.84%/yr for UNP. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
GGB vs. UNP - Performance Comparison
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Returns By Period
In the year-to-date period, GGB achieves a 36.19% return, which is significantly higher than UNP's 27.61% return. Over the past 10 years, GGB has outperformed UNP with an annualized return of 15.97%, while UNP has yielded a comparatively lower 14.84% annualized return.
GGB
- 1D
- 0.00%
- 1M
- 21.87%
- 6M
- 17.69%
- YTD
- 36.19%
- 1Y
- 79.54%
- 3Y*
- 3.78%
- 5Y*
- 9.19%
- 10Y*
- 15.97%
- ALL TIME*
- 15.31%
UNP
- 1D
- 0.92%
- 1M
- 3.50%
- 6M
- 25.56%
- YTD
- 27.61%
- 1Y
- 36.17%
- 3Y*
- 10.51%
- 5Y*
- 8.38%
- 10Y*
- 14.84%
- ALL TIME*
- 12.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
GGB Gerdau S.A. | $70.35M | $72.70M | $79.98M |
| $1.15B | $928.45M | $827.36M |
GGB vs. UNP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGB Gerdau S.A. | 36.19% | 32.78% | -25.80% | -1.92% | 28.40% | 18.51% | -3.34% | 33.07% | 2.53% | 18.92% |
UNP Union Pacific Corporation | 27.61% | 3.86% | -5.10% | 21.61% | -15.93% | 23.31% | 17.64% | 33.70% | 5.26% | 32.30% |
Correlation
The correlation between GGB and UNP is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | 0.35 |
The correlation between GGB and UNP shifts across timeframes, from 0.17 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GGB:
$9.87B
UNP:
$173.55B
GGB:
R$0.83
UNP:
$8.99
GGB:
30.41
UNP:
32.48
GGB:
0.72
UNP:
9.35
GGB:
0.94
UNP:
8.39K
GGB:
R$69.20B
UNP:
$18.55B
GGB:
R$8.31B
UNP:
$8.44B
GGB:
R$8.02B
UNP:
$9.81B
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Return for Risk
GGB vs. UNP — Risk / Return Rank
GGB
UNP
GGB vs. UNP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gerdau S.A. (GGB) and Union Pacific Corporation (UNP). 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.
| GGB | UNP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.29 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 2.83 | -0.22 |
| Martin ratioReturn relative to average drawdown | 8.25 | 7.61 | +0.64 |
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Drawdowns
GGB vs. UNP - Drawdown Comparison
The maximum GGB drawdown since its inception was -96.39%, which is greater than UNP's maximum drawdown of -67.49%. Use the drawdown chart below to compare losses from any high point for GGB and UNP.
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Drawdown Indicators
| GGB | UNP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.39% | -67.49% | -28.90% |
Max Drawdown (1Y)Largest decline over 1 year | -28.28% | -12.28% | -16.00% |
Max Drawdown (3Y)Largest decline over 3 years | -47.65% | -17.75% | -29.90% |
Max Drawdown (5Y)Largest decline over 5 years | -51.23% | -31.83% | -19.40% |
Max Drawdown (10Y)Largest decline over 10 years | -67.55% | -38.72% | -28.83% |
Current DrawdownCurrent decline from peak | -55.35% | -4.94% | -50.41% |
Average DrawdownAverage peak-to-trough decline | -52.35% | -17.03% | -35.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.94% | 4.56% | +4.38% |
Volatility
GGB vs. UNP - Volatility Comparison
Gerdau S.A. (GGB) and Union Pacific Corporation (UNP) have volatilities of 7.74% and 7.46%, 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.
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Volatility by Period
| GGB | UNP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.74% | 7.46% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 26.52% | 17.76% | +8.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.68% | 22.24% | +11.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.84% | 22.99% | +15.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.53% | 25.35% | +21.18% |
Dividends
GGB vs. UNP - Dividend Comparison
GGB's dividend yield for the trailing twelve months is around 2.61%, more than UNP's 1.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGB Gerdau S.A. | 2.61% | 3.05% | 5.07% | 6.63% | 12.79% | 11.48% | 1.33% | 1.48% | 1.60% | 0.34% | 0.38% | 4.15% |
UNP Union Pacific Corporation | 1.89% | 2.35% | 2.32% | 2.12% | 2.45% | 1.70% | 1.86% | 2.05% | 2.21% | 1.85% | 2.17% | 2.81% |
Financials
GGB vs. UNP - Financials Comparison
This section allows you to compare key financial metrics between Gerdau S.A. and Union Pacific Corporation. 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
GGB and UNP 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.
GGB has higher volatility (7.74%) compared to UNP (7.46%). In terms of maximum drawdown, GGB dropped -96.39% vs UNP's -67.49%.
GGB currently has the higher Sharpe Ratio (2.20 vs 1.57), 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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