UCG.MI vs. V

Last updated Jun 13, 2026

UCG.MI (UniCredit S.p.A.) and V (Visa Inc.) are both stocks. Both are in the Financial Services sector — UCG.MI in Banks - Regional, V in Credit Services. Over the past 10 years, UCG.MI returned 33.60%/yr vs 15.61%/yr for V. At a 0.18 correlation, their price movements are largely independent.

Performance

UCG.MI vs. V - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UniCredit S.p.A. (UCG.MI) and Visa Inc. (V). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UCG.MI is traded in EUR, while V is traded in USD. To make them comparable, the V values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, UCG.MI achieves a 5.89% return, which is significantly higher than V's -6.27% return. Over the past 10 years, UCG.MI has outperformed V with an annualized return of 33.60%, while V has yielded a comparatively lower 15.61% annualized return.

UCG.MI

• 1D: 4.10%
• 1M: 1.31%
• YTD: 5.89%
• 6M: 11.29%
• 1Y: 36.86%
• 3Y*: 66.44%
• 5Y*: 54.62%
• 10Y*: 33.60%

V

• 1D: 1.13%
• 1M: 0.85%
• YTD: -6.27%
• 6M: -5.55%
• 1Y: -8.05%
• 3Y*: 11.25%
• 5Y*: 8.31%
• 10Y*: 15.61%

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

UCG.MI vs. V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UCG.MI UniCredit S.p.A.	5.89%	94.09%	69.10%	95.01%	3.82%	79.52%	-41.24%	34.49%	-35.37%	126.88%
V Visa Inc.	-6.27%	-1.50%	30.39%	22.52%	2.58%	7.14%	7.47%	46.57%	21.96%	29.09%

Correlation

The correlation between UCG.MI and V 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	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Mar 19, 2008	0.18

The correlation between UCG.MI and V shifts across timeframes, from 0.03 (3 years) to 0.18 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UCG.MI vs. V — Risk / Return Rank

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

UCG.MI

UCG.MI Risk / Return Rank: 72
UCG.MI Sharpe Ratio Rank: 76
UCG.MI Sortino Ratio Rank: 73
UCG.MI Omega Ratio Rank: 69
UCG.MI Calmar Ratio Rank: 70
UCG.MI Martin Ratio Rank: 73

V

V Risk / Return Rank: 15
V Sharpe Ratio Rank: 18
V Sortino Ratio Rank: 17
V Omega Ratio Rank: 18
V Calmar Ratio Rank: 15
V Martin Ratio Rank: 5

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.

UCG.MI vs. V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UniCredit S.p.A. (UCG.MI) and Visa Inc. (V). 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.

	UCG.MI	V	Difference
Sharpe ratio: Return per unit of total volatility	1.12	-0.54	+1.66
Sortino ratio: Return per unit of downside risk	1.76	-0.65	+2.41
Omega ratio: Gain probability vs. loss probability	1.20	0.92	+0.28
Calmar ratio: Return relative to maximum drawdown	1.44	-0.72	+2.17
Martin ratio: Return relative to average drawdown	4.03	-1.37	+5.40

UCG.MI vs. V - Sharpe Ratio Comparison

The current UCG.MI Sharpe Ratio is 1.12, which is higher than the V Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of UCG.MI and V, 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

UCG.MI vs. V - Drawdown Comparison

The maximum UCG.MI drawdown since its inception was -93.56%, which is greater than V's maximum drawdown of -43.60%. Use the drawdown chart below to compare losses from any high point for UCG.MI and V.

Drawdown Indicators

	UCG.MI	V	Difference
Max Drawdown Largest peak-to-trough decline	-93.56%	-43.60%	-49.96%
Max Drawdown (1Y) Largest decline over 1 year	-24.17%	-17.13%	-7.04%
Max Drawdown (3Y) Largest decline over 3 years	-24.17%	-26.00%	+1.83%
Max Drawdown (5Y) Largest decline over 5 years	-46.40%	-26.00%	-20.40%
Max Drawdown (10Y) Largest decline over 10 years	-65.16%	-35.88%	-29.28%
Current Drawdown Current decline from peak	-4.50%	-19.52%	+15.02%
Average Drawdown Average peak-to-trough decline	-65.98%	-8.02%	-57.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.66%	11.31%	-2.65%

Volatility

UCG.MI vs. V - Volatility Comparison

UniCredit S.p.A. (UCG.MI) has a higher volatility of 8.15% compared to Visa Inc. (V) at 5.77%. This indicates that UCG.MI's price experiences larger fluctuations and is considered to be riskier than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UCG.MI	V	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	5.77%	+2.38%
Volatility (6M) Calculated over the trailing 6-month period	24.82%	18.02%	+6.80%
Volatility (1Y) Calculated over the trailing 1-year period	31.19%	22.96%	+8.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.81%	23.04%	+12.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.06%	24.94%	+23.12%

Dividends

UCG.MI vs. V - Dividend Comparison

UCG.MI's dividend yield for the trailing twelve months is around 4.30%, more than V's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UCG.MI UniCredit S.p.A.	4.30%	4.10%	7.08%	4.02%	4.05%	0.89%	0.00%	2.07%	3.24%	0.00%	0.88%	0.47%
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Financials

Frequently Asked Questions

Can I hold both UCG.MI and V in my portfolio?

UCG.MI and V 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.