ICLR vs. UNH
ICLR (ICON Public Limited Company) and UNH (UnitedHealth Group Incorporated) are both stocks. Both are in the Healthcare sector — ICLR in Diagnostics & Research, UNH in Healthcare Plans. Over the past 10 years, ICLR returned 7.91%/yr vs 13.06%/yr for UNH. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
ICLR vs. UNH - Performance Comparison
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Returns By Period
In the year-to-date period, ICLR achieves a -10.24% return, which is significantly lower than UNH's 27.23% return. Over the past 10 years, ICLR has underperformed UNH with an annualized return of 7.91%, while UNH has yielded a comparatively higher 13.06% annualized return.
ICLR
- 1D
- -1.19%
- 1M
- -5.49%
- 6M
- -9.26%
- YTD
- -10.24%
- 1Y
- -1.73%
- 3Y*
- -13.10%
- 5Y*
- -7.63%
- 10Y*
- 7.91%
- ALL TIME*
- 12.67%
UNH
- 1D
- -1.68%
- 1M
- -2.58%
- 6M
- 46.38%
- YTD
- 27.23%
- 1Y
- 78.95%
- 3Y*
- -4.45%
- 5Y*
- 1.88%
- 10Y*
- 13.06%
- ALL TIME*
- 22.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $182.21M | $139.00M | $151.33M | |
| $2.03B | $2.36B | $2.61B |
ICLR vs. UNH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICLR ICON Public Limited Company | -10.24% | -13.11% | -25.92% | 45.72% | -37.28% | 58.84% | 13.21% | 33.29% | 15.21% | 49.14% |
UNH UnitedHealth Group Incorporated | 27.23% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 39.83% |
Correlation
The correlation between ICLR and UNH is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 15, 1998 | 0.18 |
The correlation between ICLR and UNH shifts across timeframes, from 0.14 (3 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ICLR:
$12.52B
UNH:
$376.34B
ICLR:
$4.22
UNH:
$15.53
ICLR:
38.75
UNH:
26.69
ICLR:
1.54
UNH:
0.84
ICLR:
1.35
UNH:
3.59
ICLR:
$8.25B
UNH:
$450.13B
ICLR:
$1.80B
UNH:
$101.21B
ICLR:
$1.25B
UNH:
$25.76B
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Return for Risk
ICLR vs. UNH — Risk / Return Rank
ICLR
UNH
ICLR vs. UNH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ICON Public Limited Company (ICLR) 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.
| ICLR | UNH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.36 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 2.45 | -2.50 |
| Martin ratioReturn relative to average drawdown | -0.12 | 6.01 | -6.13 |
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Drawdowns
ICLR vs. UNH - Drawdown Comparison
The maximum ICLR drawdown since its inception was -76.87%, roughly equal to the maximum UNH drawdown of -74.37%. Use the drawdown chart below to compare losses from any high point for ICLR and UNH.
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Drawdown Indicators
| ICLR | UNH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.87% | -74.37% | -2.50% |
Max Drawdown (1Y)Largest decline over 1 year | -60.54% | -28.96% | -31.58% |
Max Drawdown (3Y)Largest decline over 3 years | -76.87% | -61.39% | -15.48% |
Max Drawdown (5Y)Largest decline over 5 years | -76.87% | -61.39% | -15.48% |
Max Drawdown (10Y)Largest decline over 10 years | -76.87% | -61.39% | -15.48% |
Current DrawdownCurrent decline from peak | -52.75% | -30.91% | -21.84% |
Average DrawdownAverage peak-to-trough decline | -23.67% | -14.83% | -8.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.70% | 11.78% | +15.92% |
Volatility
ICLR vs. UNH - Volatility Comparison
ICON Public Limited Company (ICLR) has a higher volatility of 12.10% compared to UnitedHealth Group Incorporated (UNH) at 7.40%. This indicates that ICLR'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.
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Volatility by Period
| ICLR | UNH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.10% | 7.40% | +4.70% |
Volatility (6M)Calculated over the trailing 6-month period | 67.87% | 21.69% | +46.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.80% | 38.68% | +29.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.55% | 32.06% | +13.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.14% | 30.31% | +7.83% |
Dividends
ICLR vs. UNH - Dividend Comparison
ICLR has not paid dividends to shareholders, while UNH's dividend yield for the trailing twelve months is around 2.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICLR ICON Public Limited Company | 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 | 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
ICLR vs. UNH - Financials Comparison
This section allows you to compare key financial metrics between ICON Public Limited Company 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
ICLR vs. UNH - Profitability Comparison
ICLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, ICON Public Limited Company reported a gross profit of 388.53M and revenue of 2.06B. Therefore, the gross margin over that period was 18.8%.
UNH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, UnitedHealth Group Incorporated reported a gross profit of 36.67B and revenue of 112.03B. Therefore, the gross margin over that period was 32.7%.
ICLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, ICON Public Limited Company reported an operating income of 194.21M and revenue of 2.06B, resulting in an operating margin of 9.4%.
UNH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, UnitedHealth Group Incorporated reported an operating income of 7.99B and revenue of 112.03B, resulting in an operating margin of 7.1%.
ICLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, ICON Public Limited Company reported a net income of 72.58M and revenue of 2.06B, resulting in a net margin of 3.5%.
UNH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, UnitedHealth Group Incorporated reported a net income of 5.48B and revenue of 112.03B, resulting in a net margin of 4.9%.
Frequently Asked Questions
ICLR and UNH have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ICLR has higher volatility (12.10%) compared to UNH (7.40%). In terms of maximum drawdown, ICLR dropped -76.87% vs UNH's -74.37%.
UNH currently has the higher Sharpe Ratio (1.86 vs -0.05), 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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