PLUG vs. UNH
PLUG (Plug Power Inc.) and UNH (UnitedHealth Group Incorporated) are both stocks. PLUG operates in Electrical Equipment & Parts (Industrials), while UNH operates in Healthcare Plans (Healthcare). Over the past 10 years, PLUG returned 5.29%/yr vs 13.14%/yr for UNH. At a 0.15 correlation, their price movements are largely independent.
Performance
PLUG vs. UNH - Performance Comparison
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Returns By Period
In the year-to-date period, PLUG achieves a 63.20% return, which is significantly higher than UNH's 21.95% return. Over the past 10 years, PLUG has underperformed UNH with an annualized return of 5.29%, while UNH has yielded a comparatively higher 13.14% annualized return.
PLUG
- 1D
- -10.69%
- 1M
- -2.87%
- YTD
- 63.20%
- 6M
- 46.14%
- 1Y
- 268.90%
- 3Y*
- -29.15%
- 5Y*
- -36.27%
- 10Y*
- 5.29%
UNH
- 1D
- 0.76%
- 1M
- 8.76%
- YTD
- 21.95%
- 6M
- 22.48%
- 1Y
- 38.84%
- 3Y*
- -4.57%
- 5Y*
- 1.42%
- 10Y*
- 13.14%
PLUG vs. UNH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLUG Plug Power Inc. | 63.20% | -7.51% | -52.67% | -63.62% | -56.18% | -16.75% | 973.10% | 154.84% | -47.46% | 96.67% |
UNH UnitedHealth Group Incorporated | 21.95% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 39.83% |
Correlation
The correlation between PLUG and UNH is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 1999 | 0.15 |
The correlation between PLUG and UNH shifts across timeframes, from 0.11 (3 years) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PLUG:
$4.47B
UNH:
$363.52B
PLUG:
-$1.39
UNH:
$13.23
PLUG:
5.25
UNH:
0.81
PLUG:
5.96
UNH:
3.50
PLUG:
$739.76M
UNH:
$449.71B
PLUG:
-$189.79M
UNH:
$84.55B
PLUG:
-$745.89M
UNH:
$22.99B
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Return for Risk
PLUG vs. UNH — Risk / Return Rank
PLUG
UNH
PLUG vs. UNH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Plug Power Inc. (PLUG) 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.
| PLUG | UNH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.22 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.78 | 1.35 | +3.43 |
| Martin ratioReturn relative to average drawdown | 8.14 | 2.95 | +5.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PLUG | UNH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.43 | 0.97 | +1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | 0.04 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | 0.44 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.14 | 0.64 | -0.78 |
Drawdowns
PLUG vs. UNH - Drawdown Comparison
The maximum PLUG drawdown since its inception was -99.99%, which is greater than UNH's maximum drawdown of -74.37%. Use the drawdown chart below to compare losses from any high point for PLUG and UNH.
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Drawdown Indicators
| PLUG | UNH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -74.37% | -25.62% |
Max Drawdown (1Y)Largest decline over 1 year | -56.66% | -28.96% | -27.70% |
Max Drawdown (3Y)Largest decline over 3 years | -94.69% | -61.39% | -33.30% |
Max Drawdown (5Y)Largest decline over 5 years | -98.43% | -61.39% | -37.04% |
Max Drawdown (10Y)Largest decline over 10 years | -99.04% | -61.39% | -37.65% |
Current DrawdownCurrent decline from peak | -99.79% | -33.78% | -66.01% |
Average DrawdownAverage peak-to-trough decline | -96.23% | -14.76% | -81.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.20% | 13.19% | +20.01% |
Volatility
PLUG vs. UNH - Volatility Comparison
Plug Power Inc. (PLUG) has a higher volatility of 31.05% compared to UnitedHealth Group Incorporated (UNH) at 8.18%. This indicates that PLUG'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
| PLUG | UNH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.05% | 8.18% | +22.87% |
Volatility (6M)Calculated over the trailing 6-month period | 63.41% | 30.89% | +32.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 111.54% | 40.16% | +71.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.53% | 31.86% | +62.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.44% | 30.18% | +59.26% |
Dividends
PLUG vs. UNH - Dividend Comparison
PLUG has not paid dividends to shareholders, while UNH's dividend yield for the trailing twelve months is around 2.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLUG Plug Power 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% |
UNH UnitedHealth Group Incorporated | 2.21% | 2.64% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% |
Financials
PLUG vs. UNH - Financials Comparison
This section allows you to compare key financial metrics between Plug Power Inc. 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
PLUG and UNH have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLUG has higher volatility (31.05%) compared to UNH (8.18%). In terms of maximum drawdown, PLUG dropped -99.99% vs UNH's -74.37%.
PLUG currently has the higher Sharpe Ratio (2.43 vs 0.97), 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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