UHS vs. EVH
UHS (Universal Health Services, Inc.) and EVH (Evolent Health, Inc.) are both stocks. Both are in the Healthcare sector — UHS in Medical Care Facilities, EVH in Health Information Services. Over the past 10 years, UHS returned 3.45%/yr vs -18.37%/yr for EVH. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
UHS vs. EVH - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with UHS having a -22.56% return and EVH slightly lower at -22.75%. Over the past 10 years, UHS has outperformed EVH with an annualized return of 3.45%, while EVH has yielded a comparatively lower -18.37% annualized return.
UHS
- 1D
- 3.15%
- 1M
- 6.39%
- 6M
- -16.11%
- YTD
- -22.56%
- 1Y
- 3.79%
- 3Y*
- 7.03%
- 5Y*
- 1.51%
- 10Y*
- 3.45%
- ALL TIME*
- 15.23%
EVH
- 1D
- -2.83%
- 1M
- -45.88%
- 6M
- -3.74%
- YTD
- -22.75%
- 1Y
- -69.04%
- 3Y*
- -53.33%
- 5Y*
- -33.03%
- 10Y*
- -18.37%
- ALL TIME*
- -14.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.23M | $15.99M | $13.23M | |
| $196.29M | $163.61M | $167.22M |
UHS vs. EVH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UHS Universal Health Services, Inc. | -22.56% | 22.02% | 18.19% | 8.83% | 9.37% | -5.16% | -4.00% | 23.62% | 3.16% | 6.93% |
EVH Evolent Health, Inc. | -22.75% | -64.44% | -65.94% | 17.63% | 1.48% | 72.61% | 77.13% | -54.64% | 62.20% | -16.89% |
Correlation
The correlation between UHS and EVH is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015 | 0.27 |
The correlation between UHS and EVH shifts across timeframes, from -0.01 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
UHS:
$10.20B
EVH:
$347.57M
UHS:
$31.93
EVH:
-$4.38
UHS:
0.44
EVH:
0.19
UHS:
$18.11B
EVH:
$1.89B
UHS:
$8.80B
EVH:
$264.34M
UHS:
$2.82B
EVH:
-$353.64M
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Return for Risk
UHS vs. EVH — Risk / Return Rank
UHS
EVH
UHS vs. EVH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Health Services, Inc. (UHS) and Evolent Health, Inc. (EVH). 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.
| UHS | EVH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.82 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | -0.89 | +0.93 |
| Martin ratioReturn relative to average drawdown | 0.08 | -1.29 | +1.36 |
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Drawdowns
UHS vs. EVH - Drawdown Comparison
The maximum UHS drawdown since its inception was -60.27%, smaller than the maximum EVH drawdown of -94.54%. Use the drawdown chart below to compare losses from any high point for UHS and EVH.
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Drawdown Indicators
| UHS | EVH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.27% | -94.54% | +34.27% |
Max Drawdown (1Y)Largest decline over 1 year | -42.00% | -78.28% | +36.28% |
Max Drawdown (3Y)Largest decline over 3 years | -42.00% | -93.75% | +51.75% |
Max Drawdown (5Y)Largest decline over 5 years | -43.73% | -94.54% | +50.81% |
Max Drawdown (10Y)Largest decline over 10 years | -56.30% | -94.54% | +38.24% |
Current DrawdownCurrent decline from peak | -30.80% | -92.22% | +61.42% |
Average DrawdownAverage peak-to-trough decline | -14.90% | -41.20% | +26.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.71% | 54.04% | -32.33% |
Volatility
UHS vs. EVH - Volatility Comparison
The current volatility for Universal Health Services, Inc. (UHS) is 12.36%, while Evolent Health, Inc. (EVH) has a volatility of 26.53%. This indicates that UHS experiences smaller price fluctuations and is considered to be less risky than EVH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UHS | EVH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.36% | 26.53% | -14.17% |
Volatility (6M)Calculated over the trailing 6-month period | 27.12% | 61.73% | -34.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.05% | 78.11% | -46.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.04% | 62.09% | -30.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.50% | 63.37% | -28.87% |
Dividends
UHS vs. EVH - Dividend Comparison
UHS's dividend yield for the trailing twelve months is around 0.47%, while EVH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVH Evolent Health, 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% |
UHS Universal Health Services, Inc. | 0.47% | 0.37% | 0.45% | 0.52% | 0.57% | 0.62% | 0.15% | 0.42% | 0.34% | 0.35% | 0.38% | 0.33% |
Financials
UHS vs. EVH - Financials Comparison
This section allows you to compare key financial metrics between Universal Health Services, Inc. and Evolent Health, 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
UHS and EVH have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVH has higher volatility (26.53%) compared to UHS (12.36%). In terms of maximum drawdown, UHS dropped -60.27% vs EVH's -94.54%.
UHS currently has the higher Sharpe Ratio (0.05 vs -0.89), 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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