UA vs. ALGT

Last updated Jun 4, 2026

UA (Under Armour, Inc.) and ALGT (Allegiant Travel Company) are both stocks. UA operates in Apparel Manufacturing (Consumer Cyclical), while ALGT operates in Airlines (Industrials). Over the past 10 years, UA returned -17.00%/yr vs -3.98%/yr for ALGT. At a 0.45 correlation, their price movements are largely independent.

Performance

UA vs. ALGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Under Armour, Inc. (UA) and Allegiant Travel Company (ALGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UA achieves a 10.42% return, which is significantly higher than ALGT's -2.69% return. Over the past 10 years, UA has underperformed ALGT with an annualized return of -17.00%, while ALGT has yielded a comparatively higher -3.98% annualized return.

UA

• 1D: 0.38%
• 1M: -10.32%
• YTD: 10.42%
• 6M: 19.64%
• 1Y: -13.68%
• 3Y*: -9.37%
• 5Y*: -22.55%
• 10Y*: -17.00%

ALGT

• 1D: -5.35%
• 1M: 15.30%
• YTD: -2.69%
• 6M: 3.84%
• 1Y: 44.41%
• 3Y*: -6.40%
• 5Y*: -16.94%
• 10Y*: -3.98%

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

UA vs. ALGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UA Under Armour, Inc.	10.42%	-35.66%	-10.66%	-6.39%	-50.55%	21.24%	-22.42%	18.61%	21.40%	-47.08%
ALGT Allegiant Travel Company	-2.69%	-9.40%	16.03%	23.44%	-63.65%	-1.16%	9.32%	76.98%	-33.95%	-5.16%

Correlation

The correlation between UA and ALGT is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Apr 8, 2016	0.45

Fundamentals

Market Cap UA : $2.26B ALGT : $1.51B
EPS UA : -$1.16 ALGT : -$1.89
PS Ratio UA : 0.46 ALGT : 0.57
PB Ratio UA : 1.60 ALGT : 1.38K
Total Revenue (TTM) UA : $4.97B ALGT : $2.64B
Gross Profit (TTM) UA : $2.26B ALGT : $815.04M
EBITDA (TTM) UA : -$86.93M ALGT : $340.03M

Return for Risk

UA vs. ALGT — Risk / Return Rank

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

UA

UA Risk / Return Rank: 30
UA Sharpe Ratio Rank: 30
UA Sortino Ratio Rank: 30
UA Omega Ratio Rank: 30
UA Calmar Ratio Rank: 30
UA Martin Ratio Rank: 31

ALGT

ALGT Risk / Return Rank: 63
ALGT Sharpe Ratio Rank: 63
ALGT Sortino Ratio Rank: 66
ALGT Omega Ratio Rank: 60
ALGT Calmar Ratio Rank: 64
ALGT Martin Ratio Rank: 64

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.

UA vs. ALGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Under Armour, Inc. (UA) and Allegiant Travel Company (ALGT). 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.

	UA	ALGT	Difference
Sharpe ratio Return per unit of total volatility	-0.26	0.69	-0.94
Sortino ratio Return per unit of downside risk	-0.01	1.54	-1.55
Omega ratio Gain probability vs. loss probability	1.00	1.17	-0.17
Calmar ratio Return relative to maximum drawdown	-0.32	1.14	-1.46
Martin ratio Return relative to average drawdown	-0.53	2.74	-3.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UA vs. ALGT - Sharpe Ratio Comparison

The current UA Sharpe Ratio is -0.26, which is lower than the ALGT Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of UA and ALGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UA	ALGT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	0.69	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.45	-0.31	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.34	-0.08	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	-0.37	0.15	-0.52

Drawdowns

UA vs. ALGT - Drawdown Comparison

The maximum UA drawdown since its inception was -91.34%, which is greater than ALGT's maximum drawdown of -86.01%. Use the drawdown chart below to compare losses from any high point for UA and ALGT.

Drawdown Indicators

	UA	ALGT	Difference
Max Drawdown Largest peak-to-trough decline	-91.34%	-86.01%	-5.33%
Max Drawdown (1Y) Largest decline over 1 year	-42.86%	-39.13%	-3.73%
Max Drawdown (3Y) Largest decline over 3 years	-60.16%	-70.95%	+10.79%
Max Drawdown (5Y) Largest decline over 5 years	-82.50%	-82.76%	+0.26%
Max Drawdown (10Y) Largest decline over 10 years	-89.92%	-86.01%	-3.91%
Current Drawdown Current decline from peak	-88.41%	-68.06%	-20.35%
Average Drawdown Average peak-to-trough decline	-69.17%	-31.66%	-37.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.82%	16.28%	+9.54%

Volatility

UA vs. ALGT - Volatility Comparison

Under Armour, Inc. (UA) and Allegiant Travel Company (ALGT) have volatilities of 22.60% and 22.53%, 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.

Volatility by Period

	UA	ALGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.60%	22.53%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	43.22%	43.15%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	53.62%	65.12%	-11.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.24%	54.68%	-4.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.36%	51.30%	-0.94%

Dividends

UA vs. ALGT - Dividend Comparison

Neither UA nor ALGT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALGT Allegiant Travel Company	0.00%	0.00%	1.27%	1.45%	0.00%	0.00%	0.37%	1.61%	2.79%	1.81%	1.44%	1.64%
UA Under Armour, 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

UA vs. ALGT - Profitability Comparison

The chart below illustrates the profitability comparison between Under Armour, Inc. and Allegiant Travel Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

UA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Under Armour, Inc. reported a gross profit of 465.14M and revenue of 1.15B. Therefore, the gross margin over that period was 40.3%.

ALGT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported a gross profit of 479.13M and revenue of 732.43M. Therefore, the gross margin over that period was 65.4%.

UA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Under Armour, Inc. reported an operating income of -33.70M and revenue of 1.15B, resulting in an operating margin of -2.9%.

ALGT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported an operating income of 81.10M and revenue of 732.43M, resulting in an operating margin of 11.1%.

UA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Under Armour, Inc. reported a net income of -43.39M and revenue of 1.15B, resulting in a net margin of -3.8%.

ALGT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported a net income of 42.48M and revenue of 732.43M, resulting in a net margin of 5.8%.

Frequently Asked Questions

Can I hold both UA and ALGT in my portfolio?

UA and ALGT have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UA or ALGT?

UA has higher volatility (22.60%) compared to ALGT (22.53%). In terms of maximum drawdown, UA dropped -91.34% vs ALGT's -86.01%.

Which has better risk-adjusted returns?

ALGT currently has the higher Sharpe Ratio (0.69 vs -0.26), 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.