UNH vs. EPGAX

Last updated Jun 13, 2026

UNH (UnitedHealth Group Incorporated) is a stock, while EPGAX (Fidelity Advisor Equity Growth Fund Class A) is Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, UNH returned 13.32%/yr vs 17.17%/yr for EPGAX. At a 0.34 correlation, their price movements are largely independent.

Performance

UNH vs. EPGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UnitedHealth Group Incorporated (UNH) and Fidelity Advisor Equity Growth Fund Class A (EPGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UNH achieves a 24.71% return, which is significantly higher than EPGAX's 9.95% return. Over the past 10 years, UNH has underperformed EPGAX with an annualized return of 13.32%, while EPGAX has yielded a comparatively higher 17.17% annualized return.

UNH

• 1D: 0.73%
• 1M: 1.83%
• YTD: 24.71%
• 6M: 20.44%
• 1Y: 31.88%
• 3Y*: -4.10%
• 5Y*: 2.27%
• 10Y*: 13.32%

EPGAX

• 1D: 2.41%
• 1M: -2.18%
• YTD: 9.95%
• 6M: 11.02%
• 1Y: 22.35%
• 3Y*: 17.84%
• 5Y*: 10.31%
• 10Y*: 17.17%

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

UNH vs. EPGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UNH UnitedHealth Group Incorporated	24.71%	-33.14%	-2.41%	0.80%	6.94%	45.20%	21.25%	20.00%	14.52%	39.83%
EPGAX Fidelity Advisor Equity Growth Fund Class A	9.95%	14.27%	15.57%	35.25%	-24.67%	22.66%	43.38%	33.69%	-0.04%	34.83%

Correlation

The correlation between UNH and EPGAX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Dec 31, 1993	0.34

The correlation between UNH and EPGAX shifts across timeframes, from 0.05 (3 years) to 0.34 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UNH vs. EPGAX — Risk / Return Rank

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

UNH

UNH Risk / Return Rank: 66
UNH Sharpe Ratio Rank: 69
UNH Sortino Ratio Rank: 62
UNH Omega Ratio Rank: 67
UNH Calmar Ratio Rank: 65
UNH Martin Ratio Rank: 65

EPGAX

EPGAX Risk / Return Rank: 33
EPGAX Sharpe Ratio Rank: 32
EPGAX Sortino Ratio Rank: 29
EPGAX Omega Ratio Rank: 32
EPGAX Calmar Ratio Rank: 34
EPGAX Martin Ratio Rank: 37

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.

UNH vs. EPGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UnitedHealth Group Incorporated (UNH) and Fidelity Advisor Equity Growth Fund Class A (EPGAX). 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	EPGAX	Difference
Sharpe ratio: Return per unit of total volatility	0.80	1.31	-0.51
Sortino ratio: Return per unit of downside risk	1.26	1.81	-0.55
Omega ratio: Gain probability vs. loss probability	1.19	1.24	-0.05
Calmar ratio: Return relative to maximum drawdown	1.11	1.79	-0.68
Martin ratio: Return relative to average drawdown	2.43	6.64	-4.21

UNH vs. EPGAX - Sharpe Ratio Comparison

The current UNH Sharpe Ratio is 0.80, which is lower than the EPGAX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of UNH and EPGAX, 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

UNH vs. EPGAX - Drawdown Comparison

The maximum UNH drawdown since its inception was -74.37%, which is greater than EPGAX's maximum drawdown of -63.20%. Use the drawdown chart below to compare losses from any high point for UNH and EPGAX.

Drawdown Indicators

	UNH	EPGAX	Difference
Max Drawdown Largest peak-to-trough decline	-74.37%	-63.20%	-11.17%
Max Drawdown (1Y) Largest decline over 1 year	-28.96%	-12.67%	-16.29%
Max Drawdown (3Y) Largest decline over 3 years	-61.39%	-30.60%	-30.79%
Max Drawdown (5Y) Largest decline over 5 years	-61.39%	-30.60%	-30.79%
Max Drawdown (10Y) Largest decline over 10 years	-61.39%	-31.17%	-30.22%
Current Drawdown Current decline from peak	-32.27%	-4.68%	-27.59%
Average Drawdown Average peak-to-trough decline	-14.77%	-16.23%	+1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.19%	3.40%	+9.79%

Volatility

UNH vs. EPGAX - Volatility Comparison

UnitedHealth Group Incorporated (UNH) has a higher volatility of 7.60% compared to Fidelity Advisor Equity Growth Fund Class A (EPGAX) at 6.93%. This indicates that UNH's price experiences larger fluctuations and is considered to be riskier than EPGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UNH	EPGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.60%	6.93%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	30.86%	13.97%	+16.89%
Volatility (1Y) Calculated over the trailing 1-year period	40.10%	17.25%	+22.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.87%	20.92%	+10.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.18%	20.90%	+9.28%

Dividends

UNH vs. EPGAX - Dividend Comparison

UNH's dividend yield for the trailing twelve months is around 2.16%, more than EPGAX's 0.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPGAX Fidelity Advisor Equity Growth Fund Class A	0.56%	0.62%	0.00%	0.56%	2.26%	12.86%	12.06%	9.56%	7.10%	12.35%	6.39%	2.37%
UNH UnitedHealth Group Incorporated	2.16%	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

Can I hold both UNH and EPGAX in my portfolio?

UNH and EPGAX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UNH or EPGAX?

UNH has higher volatility (7.60%) compared to EPGAX (6.93%). In terms of maximum drawdown, UNH dropped -74.37% vs EPGAX's -63.20%.

Which has better risk-adjusted returns?

EPGAX currently has the higher Sharpe Ratio (1.31 vs 0.80), 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.