UNH vs. DFEN
UNH (UnitedHealth Group Incorporated) is a stock, while DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares) is Leveraged Equities fund tracking the Dow Jones U.S. Select Aerospace & Defense Index (300% Daily). Over the past 5 years, UNH returned 2.37%/yr vs 33.49%/yr for DFEN. At a 0.28 correlation, their price movements are largely independent.
Performance
UNH vs. DFEN - Performance Comparison
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Returns By Period
In the year-to-date period, UNH achieves a 23.11% return, which is significantly higher than DFEN's 20.97% return.
UNH
- 1D
- 0.36%
- 1M
- 3.80%
- YTD
- 23.11%
- 6M
- 24.12%
- 1Y
- 36.32%
- 3Y*
- -2.42%
- 5Y*
- 2.37%
- 10Y*
- 13.06%
DFEN
- 1D
- -4.32%
- 1M
- 17.09%
- YTD
- 20.97%
- 6M
- 21.25%
- 1Y
- 87.39%
- 3Y*
- 67.96%
- 5Y*
- 33.49%
- 10Y*
- —
UNH vs. DFEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNH UnitedHealth Group Incorporated | 23.11% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 28.04% |
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 20.97% | 156.62% | 27.07% | 24.70% | 6.99% | 12.72% | -70.23% | 95.09% | -32.86% | 83.64% |
Correlation
The correlation between UNH and DFEN is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 3, 2017 | 0.28 |
The correlation between UNH and DFEN shifts across timeframes, from 0.13 (3 years) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UNH vs. DFEN — Risk / Return Rank
UNH
DFEN
UNH vs. DFEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UnitedHealth Group Incorporated (UNH) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN). 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.
| UNH | DFEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | 2.21 | -1.03 |
| Martin ratioReturn relative to average drawdown | 2.59 | 5.08 | -2.49 |
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Drawdowns
UNH vs. DFEN - Drawdown Comparison
The maximum UNH drawdown since its inception was -74.37%, smaller than the maximum DFEN drawdown of -91.36%. Use the drawdown chart below to compare losses from any high point for UNH and DFEN.
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Drawdown Indicators
| UNH | DFEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.37% | -91.36% | +16.99% |
Max Drawdown (1Y)Largest decline over 1 year | -28.96% | -41.75% | +12.79% |
Max Drawdown (3Y)Largest decline over 3 years | -61.39% | -43.13% | -18.26% |
Max Drawdown (5Y)Largest decline over 5 years | -61.39% | -55.30% | -6.09% |
Max Drawdown (10Y)Largest decline over 10 years | -61.39% | — | — |
Current DrawdownCurrent decline from peak | -33.15% | -20.73% | -12.42% |
Average DrawdownAverage peak-to-trough decline | -14.78% | -45.15% | +30.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.17% | 18.16% | -4.99% |
Volatility
UNH vs. DFEN - Volatility Comparison
The current volatility for UnitedHealth Group Incorporated (UNH) is 7.81%, while Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) has a volatility of 25.14%. This indicates that UNH experiences smaller price fluctuations and is considered to be less risky than DFEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNH | DFEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.81% | 25.14% | -17.33% |
Volatility (6M)Calculated over the trailing 6-month period | 30.77% | 56.03% | -25.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.05% | 66.17% | -26.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.89% | 60.80% | -28.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.19% | 71.64% | -41.45% |
Dividends
UNH vs. DFEN - Dividend Comparison
UNH's dividend yield for the trailing twelve months is around 2.23%, less than DFEN's 7.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 7.38% | 8.89% | 14.12% | 1.13% | 0.46% | 1.89% | 0.48% | 0.50% | 1.07% | 1.50% | 0.00% | 0.00% |
UNH UnitedHealth Group Incorporated | 2.23% | 2.64% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% |
Frequently Asked Questions
UNH and DFEN have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DFEN has higher volatility (25.14%) compared to UNH (7.81%). In terms of maximum drawdown, UNH dropped -74.37% vs DFEN's -91.36%.
DFEN currently has the higher Sharpe Ratio (1.40 vs 0.85), 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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