ULTA vs. ORCL

Last updated Jun 13, 2026

ULTA (Ulta Beauty, Inc.) and ORCL (Oracle Corporation) are both stocks. ULTA operates in Specialty Retail (Consumer Cyclical), while ORCL operates in Software - Infrastructure (Technology). Over the past 10 years, ULTA returned 7.00%/yr vs 18.60%/yr for ORCL. At a 0.31 correlation, their price movements are largely independent.

Performance

ULTA vs. ORCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ulta Beauty, Inc. (ULTA) and Oracle Corporation (ORCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ULTA achieves a -22.69% return, which is significantly lower than ORCL's -4.95% return. Over the past 10 years, ULTA has underperformed ORCL with an annualized return of 7.00%, while ORCL has yielded a comparatively higher 18.60% annualized return.

ULTA

• 1D: -1.82%
• 1M: -4.96%
• YTD: -22.69%
• 6M: -22.25%
• 1Y: 1.15%
• 3Y*: 1.77%
• 5Y*: 6.68%
• 10Y*: 7.00%

ORCL

• 1D: 0.02%
• 1M: -2.97%
• YTD: -4.95%
• 6M: -2.48%
• 1Y: -6.95%
• 3Y*: 17.80%
• 5Y*: 18.90%
• 10Y*: 18.60%

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

ULTA vs. ORCL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ULTA Ulta Beauty, Inc.	-22.69%	39.11%	-11.24%	4.46%	13.76%	43.59%	13.44%	3.39%	9.47%	-12.27%
ORCL Oracle Corporation	-4.95%	18.13%	59.99%	30.94%	-4.65%	36.89%	24.25%	19.34%	-2.97%	24.94%

Correlation

The correlation between ULTA and ORCL 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	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Oct 25, 2007	0.31

Over the past year, the correlation between ULTA and ORCL has dropped to 0.07 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ULTA : $20.56B ORCL : $536.74B
EPS ULTA : $26.57 ORCL : $5.86
PE Ratio ULTA : 17.60 ORCL : 31.41
PEG Ratio ULTA : 1.75 ORCL : 1.29
PS Ratio ULTA : 1.65 ORCL : 7.97
PB Ratio ULTA : 7.97 ORCL : 12.47
Total Revenue (TTM) ULTA : $12.71B ORCL : $67.36B
Gross Profit (TTM) ULTA : $5.00B ORCL : $79.58B
EBITDA (TTM) ULTA : $1.81B ORCL : $6.20B

Return for Risk

ULTA vs. ORCL — Risk / Return Rank

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

ULTA

ULTA Risk / Return Rank: 42
ULTA Sharpe Ratio Rank: 44
ULTA Sortino Ratio Rank: 38
ULTA Omega Ratio Rank: 39
ULTA Calmar Ratio Rank: 43
ULTA Martin Ratio Rank: 43

ORCL

ORCL Risk / Return Rank: 39
ORCL Sharpe Ratio Rank: 39
ORCL Sortino Ratio Rank: 40
ORCL Omega Ratio Rank: 39
ORCL Calmar Ratio Rank: 39
ORCL Martin Ratio Rank: 40

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.

ULTA vs. ORCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ulta Beauty, Inc. (ULTA) and Oracle Corporation (ORCL). 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.

	ULTA	ORCL	Difference
Sharpe ratio: Return per unit of total volatility	0.03	-0.11	+0.14
Sortino ratio: Return per unit of downside risk	0.29	0.33	-0.04
Omega ratio: Gain probability vs. loss probability	1.04	1.04	0.00
Calmar ratio: Return relative to maximum drawdown	0.03	-0.12	+0.15
Martin ratio: Return relative to average drawdown	0.08	-0.20	+0.28

ULTA vs. ORCL - Sharpe Ratio Comparison

The current ULTA Sharpe Ratio is 0.03, which is higher than the ORCL Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of ULTA and ORCL, 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

ULTA vs. ORCL - Drawdown Comparison

The maximum ULTA drawdown since its inception was -87.89%, roughly equal to the maximum ORCL drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for ULTA and ORCL.

Drawdown Indicators

	ULTA	ORCL	Difference
Max Drawdown Largest peak-to-trough decline	-87.89%	-84.19%	-3.70%
Max Drawdown (1Y) Largest decline over 1 year	-34.56%	-58.25%	+23.69%
Max Drawdown (3Y) Largest decline over 3 years	-44.56%	-58.25%	+13.69%
Max Drawdown (5Y) Largest decline over 5 years	-44.56%	-58.25%	+13.69%
Max Drawdown (10Y) Largest decline over 10 years	-64.92%	-58.25%	-6.67%
Current Drawdown Current decline from peak	-33.82%	-43.48%	+9.66%
Average Drawdown Average peak-to-trough decline	-20.81%	-29.11%	+8.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.13%	35.41%	-21.28%

Volatility

ULTA vs. ORCL - Volatility Comparison

The current volatility for Ulta Beauty, Inc. (ULTA) is 9.69%, while Oracle Corporation (ORCL) has a volatility of 23.44%. This indicates that ULTA experiences smaller price fluctuations and is considered to be less risky than ORCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ULTA	ORCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.69%	23.44%	-13.75%
Volatility (6M) Calculated over the trailing 6-month period	25.04%	43.42%	-18.38%
Volatility (1Y) Calculated over the trailing 1-year period	33.39%	65.91%	-32.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.26%	42.16%	-7.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.32%	35.12%	+3.20%

Dividends

ULTA vs. ORCL - Dividend Comparison

ULTA has not paid dividends to shareholders, while ORCL's dividend yield for the trailing twelve months is around 1.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ORCL Oracle Corporation	1.09%	0.97%	0.96%	1.44%	1.57%	1.38%	1.48%	1.72%	1.68%	1.52%	1.56%	1.56%
ULTA Ulta Beauty, 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

Frequently Asked Questions

Can I hold both ULTA and ORCL in my portfolio?

ULTA and ORCL 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.

Which is riskier, ULTA or ORCL?

ORCL has higher volatility (23.44%) compared to ULTA (9.69%). In terms of maximum drawdown, ULTA dropped -87.89% vs ORCL's -84.19%.

Which has better risk-adjusted returns?

ULTA currently has the higher Sharpe Ratio (0.03 vs -0.11), 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.