ORCL vs. ULTA

Last updated Jun 13, 2026

ORCL (Oracle Corporation) and ULTA (Ulta Beauty, Inc.) are both stocks. ORCL operates in Software - Infrastructure (Technology), while ULTA operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, ORCL returned 18.60%/yr vs 7.00%/yr for ULTA. At a 0.31 correlation, their price movements are largely independent.

Performance

ORCL vs. ULTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oracle Corporation (ORCL) and Ulta Beauty, Inc. (ULTA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORCL achieves a -4.95% return, which is significantly higher than ULTA's -22.69% return. Over the past 10 years, ORCL has outperformed ULTA with an annualized return of 18.60%, while ULTA has yielded a comparatively lower 7.00% annualized return.

ORCL

• 1D: 0.02%
• 1M: -2.97%
• YTD: -4.95%
• 6M: -2.48%
• 1Y: -6.95%
• 3Y*: 17.80%
• 5Y*: 18.90%
• 10Y*: 18.60%

ULTA

• 1D: -1.82%
• 1M: -4.96%
• YTD: -22.69%
• 6M: -22.25%
• 1Y: 1.15%
• 3Y*: 1.77%
• 5Y*: 6.68%
• 10Y*: 7.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ORCL vs. ULTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORCL Oracle Corporation	-4.95%	18.13%	59.99%	30.94%	-4.65%	36.89%	24.25%	19.34%	-2.97%	24.94%
ULTA Ulta Beauty, Inc.	-22.69%	39.11%	-11.24%	4.46%	13.76%	43.59%	13.44%	3.39%	9.47%	-12.27%

Correlation

The correlation between ORCL and ULTA is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Oct 25, 2007	0.31

Over the past year, the correlation between ORCL and ULTA has dropped to 0.07 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ORCL : $536.74B ULTA : $20.56B
EPS ORCL : $5.86 ULTA : $26.57
PE Ratio ORCL : 31.41 ULTA : 17.60
PEG Ratio ORCL : 1.29 ULTA : 1.75
PS Ratio ORCL : 7.97 ULTA : 1.65
PB Ratio ORCL : 12.47 ULTA : 7.97
Total Revenue (TTM) ORCL : $67.36B ULTA : $12.71B
Gross Profit (TTM) ORCL : $79.58B ULTA : $5.00B
EBITDA (TTM) ORCL : $6.20B ULTA : $1.81B

Return for Risk

ORCL vs. ULTA — Risk / Return Rank

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

ORCL

ORCL Risk / Return Rank: 39
ORCL Sharpe Ratio Rank: 39
ORCL Sortino Ratio Rank: 40
ORCL Omega Ratio Rank: 39
ORCL Calmar Ratio Rank: 39
ORCL Martin Ratio Rank: 40

ULTA

ULTA Risk / Return Rank: 42
ULTA Sharpe Ratio Rank: 44
ULTA Sortino Ratio Rank: 38
ULTA Omega Ratio Rank: 39
ULTA Calmar Ratio Rank: 43
ULTA Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ORCL vs. ULTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oracle Corporation (ORCL) and Ulta Beauty, Inc. (ULTA). 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.

	ORCL	ULTA	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	0.03	-0.14
Sortino ratio: Return per unit of downside risk	0.33	0.29	+0.04
Omega ratio: Gain probability vs. loss probability	1.04	1.04	0.00
Calmar ratio: Return relative to maximum drawdown	-0.12	0.03	-0.15
Martin ratio: Return relative to average drawdown	-0.20	0.08	-0.28

ORCL vs. ULTA - Sharpe Ratio Comparison

The current ORCL Sharpe Ratio is -0.11, which is lower than the ULTA Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of ORCL and ULTA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ORCL vs. ULTA - Drawdown Comparison

The maximum ORCL drawdown since its inception was -84.19%, roughly equal to the maximum ULTA drawdown of -87.89%. Use the drawdown chart below to compare losses from any high point for ORCL and ULTA.

Drawdown Indicators

	ORCL	ULTA	Difference
Max Drawdown Largest peak-to-trough decline	-84.19%	-87.89%	+3.70%
Max Drawdown (1Y) Largest decline over 1 year	-58.25%	-34.56%	-23.69%
Max Drawdown (3Y) Largest decline over 3 years	-58.25%	-44.56%	-13.69%
Max Drawdown (5Y) Largest decline over 5 years	-58.25%	-44.56%	-13.69%
Max Drawdown (10Y) Largest decline over 10 years	-58.25%	-64.92%	+6.67%
Current Drawdown Current decline from peak	-43.48%	-33.82%	-9.66%
Average Drawdown Average peak-to-trough decline	-29.11%	-20.81%	-8.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.41%	14.13%	+21.28%

Volatility

ORCL vs. ULTA - Volatility Comparison

Oracle Corporation (ORCL) has a higher volatility of 23.44% compared to Ulta Beauty, Inc. (ULTA) at 9.69%. This indicates that ORCL's price experiences larger fluctuations and is considered to be riskier than ULTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORCL	ULTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.44%	9.69%	+13.75%
Volatility (6M) Calculated over the trailing 6-month period	43.42%	25.04%	+18.38%
Volatility (1Y) Calculated over the trailing 1-year period	65.91%	33.39%	+32.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.16%	34.26%	+7.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.12%	38.32%	-3.20%

Dividends

ORCL vs. ULTA - Dividend Comparison

ORCL's dividend yield for the trailing twelve months is around 1.09%, while ULTA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ORCL Oracle Corporation	1.09%	0.97%	0.96%	1.44%	1.57%	1.38%	1.48%	1.72%	1.68%	1.52%	1.56%	1.56%
ULTA Ulta Beauty, 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%

Financials

Frequently Asked Questions

Can I hold both ORCL and ULTA in my portfolio?

ORCL and ULTA have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ORCL or ULTA?

ORCL has higher volatility (23.44%) compared to ULTA (9.69%). In terms of maximum drawdown, ORCL dropped -84.19% vs ULTA's -87.89%.

Which has better risk-adjusted returns?

ULTA currently has the higher Sharpe Ratio (0.03 vs -0.11), 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.