UAA vs. CCL
UAA (Under Armour, Inc.) and CCL (Carnival Corporation & Plc) are both stocks. Both are in the Consumer Cyclical sector — UAA in Apparel Manufacturing, CCL in Travel Services. Over the past 10 years, UAA returned -16.61%/yr vs -3.28%/yr for CCL. At a 0.41 correlation, their price movements are largely independent.
Performance
UAA vs. CCL - Performance Comparison
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Returns By Period
In the year-to-date period, UAA achieves a 21.73% return, which is significantly higher than CCL's -3.42% return. Over the past 10 years, UAA has underperformed CCL with an annualized return of -16.61%, while CCL has yielded a comparatively higher -3.28% annualized return.
UAA
- 1D
- 0.67%
- 1M
- 18.16%
- YTD
- 21.73%
- 6M
- 39.72%
- 1Y
- -8.33%
- 3Y*
- -7.28%
- 5Y*
- -22.39%
- 10Y*
- -16.61%
CCL
- 1D
- 3.77%
- 1M
- 19.15%
- YTD
- -3.42%
- 6M
- 6.79%
- 1Y
- 31.61%
- 3Y*
- 24.35%
- 5Y*
- -0.29%
- 10Y*
- -3.28%
UAA vs. CCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UAA Under Armour, Inc. | 21.73% | -39.98% | -5.80% | -13.48% | -52.05% | 23.41% | -20.51% | 22.24% | 22.45% | -50.33% |
CCL Carnival Corporation & Plc | -3.42% | 22.55% | 34.41% | 130.02% | -59.94% | -7.11% | -56.89% | 7.37% | -23.40% | 30.76% |
Correlation
The correlation between UAA and CCL is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2005 | 0.41 |
The correlation between UAA and CCL shifts across timeframes, from 0.32 (3 years) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
UAA:
$2.58B
CCL:
$40.62B
UAA:
-$1.16
CCL:
$2.21
UAA:
0.52
CCL:
1.51
UAA:
1.82
CCL:
3.12
UAA:
$4.97B
CCL:
$26.98B
UAA:
$2.26B
CCL:
$10.13B
UAA:
-$36.44M
CCL:
$7.23B
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Return for Risk
UAA vs. CCL — Risk / Return Rank
UAA
CCL
UAA vs. CCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Under Armour, Inc. (UAA) and Carnival Corporation & Plc (CCL). 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.
| UAA | CCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.13 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.86 | -1.13 |
| Martin ratioReturn relative to average drawdown | -0.42 | 1.73 | -2.16 |
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Drawdowns
UAA vs. CCL - Drawdown Comparison
The maximum UAA drawdown since its inception was -91.99%, roughly equal to the maximum CCL drawdown of -90.37%. Use the drawdown chart below to compare losses from any high point for UAA and CCL.
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Drawdown Indicators
| UAA | CCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.99% | -90.37% | -1.62% |
Max Drawdown (1Y)Largest decline over 1 year | -43.42% | -29.30% | -14.12% |
Max Drawdown (3Y)Largest decline over 3 years | -62.53% | -42.85% | -19.68% |
Max Drawdown (5Y)Largest decline over 5 years | -84.53% | -78.21% | -6.32% |
Max Drawdown (10Y)Largest decline over 10 years | -90.43% | -90.37% | -0.06% |
Current DrawdownCurrent decline from peak | -88.38% | -55.46% | -32.92% |
Average DrawdownAverage peak-to-trough decline | -45.82% | -28.58% | -17.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.44% | 14.54% | +12.90% |
Volatility
UAA vs. CCL - Volatility Comparison
The current volatility for Under Armour, Inc. (UAA) is 11.61%, while Carnival Corporation & Plc (CCL) has a volatility of 16.53%. This indicates that UAA experiences smaller price fluctuations and is considered to be less risky than CCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UAA | CCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.61% | 16.53% | -4.92% |
Volatility (6M)Calculated over the trailing 6-month period | 43.37% | 39.11% | +4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.87% | 47.77% | +7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.74% | 55.59% | -2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.12% | 57.65% | -5.53% |
Dividends
UAA vs. CCL - Dividend Comparison
UAA has not paid dividends to shareholders, while CCL's dividend yield for the trailing twelve months is around 1.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCL Carnival Corporation & Plc | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.31% | 3.93% | 3.96% | 2.41% | 2.59% | 2.02% |
UAA 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
UAA vs. CCL - Financials Comparison
This section allows you to compare key financial metrics between Under Armour, Inc. and Carnival Corporation & Plc. 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
UAA vs. CCL - Profitability Comparison
UAA - 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 492.04M and revenue of 1.17B. Therefore, the gross margin over that period was 42.0%.
CCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a gross profit of 2.23B and revenue of 6.17B. Therefore, the gross margin over that period was 36.1%.
UAA - 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 1.17B, resulting in an operating margin of -2.9%.
CCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported an operating income of 607.00M and revenue of 6.17B, resulting in an operating margin of 9.9%.
UAA - 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 1.17B, resulting in a net margin of -3.7%.
CCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a net income of 258.00M and revenue of 6.17B, resulting in a net margin of 4.2%.
Frequently Asked Questions
UAA and CCL have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCL has higher volatility (16.53%) compared to UAA (11.61%). In terms of maximum drawdown, UAA dropped -91.99% vs CCL's -90.37%.
CCL currently has the higher Sharpe Ratio (0.53 vs -0.21), 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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