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UAL vs. DAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between UAL and DAL is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

UAL vs. DAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United Airlines Holdings, Inc. (UAL) and Delta Air Lines, Inc. (DAL). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%AugustSeptemberOctoberNovemberDecember2025
129.21%
57.72%
UAL
DAL

Key characteristics

Sharpe Ratio

UAL:

4.12

DAL:

2.50

Sortino Ratio

UAL:

5.08

DAL:

3.52

Omega Ratio

UAL:

1.60

DAL:

1.41

Calmar Ratio

UAL:

2.92

DAL:

2.02

Martin Ratio

UAL:

17.79

DAL:

7.99

Ulcer Index

UAL:

10.00%

DAL:

10.19%

Daily Std Dev

UAL:

43.14%

DAL:

32.48%

Max Drawdown

UAL:

-93.50%

DAL:

-81.73%

Current Drawdown

UAL:

0.00%

DAL:

0.00%

Fundamentals

Market Cap

UAL:

$35.31B

DAL:

$42.70B

EPS

UAL:

$8.49

DAL:

$5.30

PE Ratio

UAL:

12.65

DAL:

12.42

PEG Ratio

UAL:

0.84

DAL:

39.29

Total Revenue (TTM)

UAL:

$42.37B

DAL:

$61.64B

Gross Profit (TTM)

UAL:

$7.62B

DAL:

$13.81B

EBITDA (TTM)

UAL:

$6.12B

DAL:

$7.34B

Returns By Period

In the year-to-date period, UAL achieves a 13.82% return, which is significantly higher than DAL's 12.96% return. Both investments have delivered pretty close results over the past 10 years, with UAL having a 4.23% annualized return and DAL not far ahead at 4.32%.


UAL

YTD

13.82%

1M

13.47%

6M

129.20%

1Y

187.44%

5Y*

5.44%

10Y*

4.23%

DAL

YTD

12.96%

1M

12.16%

6M

57.72%

1Y

86.79%

5Y*

3.02%

10Y*

4.32%

*Annualized

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Risk-Adjusted Performance

UAL vs. DAL — Risk-Adjusted Performance Rank

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

UAL
The Risk-Adjusted Performance Rank of UAL is 9797
Overall Rank
The Sharpe Ratio Rank of UAL is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of UAL is 9898
Sortino Ratio Rank
The Omega Ratio Rank of UAL is 9797
Omega Ratio Rank
The Calmar Ratio Rank of UAL is 9494
Calmar Ratio Rank
The Martin Ratio Rank of UAL is 9797
Martin Ratio Rank

DAL
The Risk-Adjusted Performance Rank of DAL is 9292
Overall Rank
The Sharpe Ratio Rank of DAL is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of DAL is 9494
Sortino Ratio Rank
The Omega Ratio Rank of DAL is 9191
Omega Ratio Rank
The Calmar Ratio Rank of DAL is 9090
Calmar Ratio Rank
The Martin Ratio Rank of DAL is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UAL vs. DAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United Airlines Holdings, Inc. (UAL) and Delta Air Lines, Inc. (DAL). 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.


Sharpe ratio
The chart of Sharpe ratio for UAL, currently valued at 4.12, compared to the broader market-2.000.002.004.004.122.50
The chart of Sortino ratio for UAL, currently valued at 5.08, compared to the broader market-4.00-2.000.002.004.006.005.083.52
The chart of Omega ratio for UAL, currently valued at 1.60, compared to the broader market0.501.001.502.001.601.41
The chart of Calmar ratio for UAL, currently valued at 2.92, compared to the broader market0.002.004.006.002.922.02
The chart of Martin ratio for UAL, currently valued at 17.79, compared to the broader market0.0010.0020.0030.0017.797.99
UAL
DAL

The current UAL Sharpe Ratio is 4.12, which is higher than the DAL Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of UAL and DAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
4.12
2.50
UAL
DAL

Dividends

UAL vs. DAL - Dividend Comparison

UAL has not paid dividends to shareholders, while DAL's dividend yield for the trailing twelve months is around 0.73%.


TTM20242023202220212020201920182017201620152014
UAL
United Airlines Holdings, 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%
DAL
Delta Air Lines, Inc.
0.73%0.83%0.50%0.00%0.00%1.00%2.58%2.63%1.81%1.37%0.89%0.61%

Drawdowns

UAL vs. DAL - Drawdown Comparison

The maximum UAL drawdown since its inception was -93.50%, which is greater than DAL's maximum drawdown of -81.73%. Use the drawdown chart below to compare losses from any high point for UAL and DAL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember202500
UAL
DAL

Volatility

UAL vs. DAL - Volatility Comparison

The current volatility for United Airlines Holdings, Inc. (UAL) is 10.45%, while Delta Air Lines, Inc. (DAL) has a volatility of 11.86%. This indicates that UAL experiences smaller price fluctuations and is considered to be less risky than DAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%AugustSeptemberOctoberNovemberDecember2025
10.45%
11.86%
UAL
DAL

Financials

UAL vs. DAL - Financials Comparison

This section allows you to compare key financial metrics between United Airlines Holdings, Inc. and Delta Air Lines, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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