IGV vs. UNH
IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while UNH (UnitedHealth Group Incorporated) is a stock. Over the past 10 years, IGV returned 16.44%/yr vs 13.15%/yr for UNH. At a 0.31 correlation, their price movements are largely independent.
Performance
IGV vs. UNH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGV achieves a -9.50% return, which is significantly lower than UNH's 24.12% return. Over the past 10 years, IGV has outperformed UNH with an annualized return of 16.44%, while UNH has yielded a comparatively lower 13.15% annualized return.
IGV
- 1D
- -0.21%
- 1M
- 4.94%
- YTD
- -9.50%
- 6M
- -12.57%
- 1Y
- -9.75%
- 3Y*
- 13.14%
- 5Y*
- 5.60%
- 10Y*
- 16.44%
UNH
- 1D
- 1.78%
- 1M
- 7.00%
- YTD
- 24.12%
- 6M
- 26.61%
- 1Y
- 37.87%
- 3Y*
- -4.40%
- 5Y*
- 2.00%
- 10Y*
- 13.15%
IGV vs. UNH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | -9.50% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
UNH UnitedHealth Group Incorporated | 24.12% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 39.83% |
Correlation
The correlation between IGV and UNH is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2001 | 0.31 |
The correlation between IGV and UNH shifts across timeframes, from 0.06 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.
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
IGV vs. UNH — Risk / Return Rank
IGV
UNH
IGV vs. UNH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) 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.
| IGV | UNH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.22 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 1.31 | -1.58 |
| Martin ratioReturn relative to average drawdown | -0.56 | 2.88 | -3.44 |
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 charts...
Sharpe Ratios by Period
| IGV | UNH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.35 | 0.95 | -1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.06 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.44 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.64 | -0.28 |
Drawdowns
IGV vs. UNH - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, smaller than the maximum UNH drawdown of -74.37%. Use the drawdown chart below to compare losses from any high point for IGV and UNH.
Loading charts...
Drawdown Indicators
| IGV | UNH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -74.37% | +10.92% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -28.96% | -7.65% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -61.39% | +24.78% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -61.39% | +15.54% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -61.39% | +15.54% |
Current DrawdownCurrent decline from peak | -18.80% | -32.60% | +13.80% |
Average DrawdownAverage peak-to-trough decline | -14.45% | -14.76% | +0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.33% | 13.19% | +4.14% |
Volatility
IGV vs. UNH - Volatility Comparison
iShares Expanded Tech-Software Sector ETF (IGV) has a higher volatility of 12.20% compared to UnitedHealth Group Incorporated (UNH) at 8.29%. This indicates that IGV'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 charts...
Volatility by Period
| IGV | UNH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.20% | 8.29% | +3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 24.65% | 30.87% | -6.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.93% | 40.17% | -12.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.90% | 31.87% | -3.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 30.19% | -3.81% |
Dividends
IGV vs. UNH - Dividend Comparison
IGV has not paid dividends to shareholders, while UNH's dividend yield for the trailing twelve months is around 2.17%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
UNH UnitedHealth Group Incorporated | 2.17% | 2.64% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% |
Frequently Asked Questions
IGV and UNH have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (12.20%) compared to UNH (8.29%). In terms of maximum drawdown, IGV dropped -63.45% vs UNH's -74.37%.
UNH currently has the higher Sharpe Ratio (0.95 vs -0.35), 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 IGV 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