UNH vs. IBIT
UNH (UnitedHealth Group Incorporated) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, UNH returned 31.88% vs -40.63% for IBIT. At a 0.03 correlation, their price movements are largely independent.
Performance
UNH vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, UNH achieves a 24.71% return, which is significantly higher than IBIT's -27.41% 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%
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UNH vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UNH UnitedHealth Group Incorporated | 24.71% | -33.14% | -4.44% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between UNH and IBIT 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 (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.03 |
The correlation between UNH and IBIT shifts across timeframes, from 0.03 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
UNH vs. IBIT — Risk / Return Rank
UNH
IBIT
UNH vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UnitedHealth Group Incorporated (UNH) and iShares Bitcoin Trust ETF (IBIT). 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 | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.72 | ||
| Sortino ratioReturn per unit of downside risk | +2.56 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.85 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | -0.78 | +1.89 |
| Martin ratioReturn relative to average drawdown | 2.43 | -1.37 | +3.80 |
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Drawdowns
UNH vs. IBIT - Drawdown Comparison
The maximum UNH drawdown since its inception was -74.37%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for UNH and IBIT.
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Drawdown Indicators
| UNH | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.37% | -52.11% | -22.26% |
Max Drawdown (1Y)Largest decline over 1 year | -28.96% | -52.11% | +23.15% |
Max Drawdown (3Y)Largest decline over 3 years | -61.39% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.39% | — | — |
Current DrawdownCurrent decline from peak | -32.27% | -49.45% | +17.18% |
Average DrawdownAverage peak-to-trough decline | -14.77% | -16.53% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.19% | 29.64% | -16.45% |
Volatility
UNH vs. IBIT - Volatility Comparison
The current volatility for UnitedHealth Group Incorporated (UNH) is 7.60%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that UNH experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNH | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.60% | 12.07% | -4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 30.86% | 34.45% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.10% | 44.10% | -4.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.87% | 50.26% | -18.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.18% | 50.26% | -20.08% |
Dividends
UNH vs. IBIT - Dividend Comparison
UNH's dividend yield for the trailing twelve months is around 2.16%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
UNH and IBIT 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.
IBIT has higher volatility (12.07%) compared to UNH (7.60%). In terms of maximum drawdown, UNH dropped -74.37% vs IBIT's -52.11%.
UNH currently has the higher Sharpe Ratio (0.80 vs -0.92), 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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