UNH vs. PNC
UNH (UnitedHealth Group Incorporated) and PNC (The PNC Financial Services Group, Inc.) are both stocks. UNH operates in Healthcare Plans (Healthcare), while PNC operates in Banks - Regional (Financial Services). Over the past 10 years, UNH returned 13.32%/yr vs 14.58%/yr for PNC. At a 0.26 correlation, their price movements are largely independent.
Performance
UNH vs. PNC - 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 PNC's 15.62% return. Over the past 10 years, UNH has underperformed PNC with an annualized return of 13.32%, while PNC has yielded a comparatively higher 14.58% annualized return.
UNH
- 1D
- 0.73%
- 1M
- 3.72%
- YTD
- 24.71%
- 6M
- 20.44%
- 1Y
- 33.97%
- 3Y*
- -4.10%
- 5Y*
- 2.27%
- 10Y*
- 13.32%
PNC
- 1D
- 1.59%
- 1M
- 11.66%
- YTD
- 15.62%
- 6M
- 14.59%
- 1Y
- 41.69%
- 3Y*
- 27.43%
- 5Y*
- 8.55%
- 10Y*
- 14.58%
UNH vs. PNC - 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% |
PNC The PNC Financial Services Group, Inc. | 15.62% | 12.24% | 29.39% | 2.71% | -18.59% | 38.18% | -2.78% | 40.91% | -16.98% | 25.95% |
Correlation
The correlation between UNH and PNC is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.26 |
The correlation between UNH and PNC shifts across timeframes, from 0.10 (3 years) to 0.26 (all time), reflecting how their relationship changes across market environments.
Fundamentals
UNH:
$371.75B
PNC:
$97.71B
UNH:
$13.23
PNC:
$18.09
UNH:
30.88
PNC:
13.14
UNH:
0.83
PNC:
2.96
UNH:
3.58
PNC:
1.54
UNH:
$449.71B
PNC:
$32.06B
UNH:
$84.55B
PNC:
$23.04B
UNH:
$22.99B
PNC:
$8.83B
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Return for Risk
UNH vs. PNC — Risk / Return Rank
UNH
PNC
UNH vs. PNC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UnitedHealth Group Incorporated (UNH) and The PNC Financial Services Group, Inc. (PNC). 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 | PNC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.31 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 2.23 | -1.12 |
| Martin ratioReturn relative to average drawdown | 2.43 | 5.07 | -2.64 |
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Drawdowns
UNH vs. PNC - Drawdown Comparison
The maximum UNH drawdown since its inception was -74.37%, roughly equal to the maximum PNC drawdown of -76.65%. Use the drawdown chart below to compare losses from any high point for UNH and PNC.
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Drawdown Indicators
| UNH | PNC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.37% | -76.65% | +2.28% |
Max Drawdown (1Y)Largest decline over 1 year | -28.96% | -17.21% | -11.75% |
Max Drawdown (3Y)Largest decline over 3 years | -61.39% | -29.77% | -31.62% |
Max Drawdown (5Y)Largest decline over 5 years | -61.39% | -47.98% | -13.41% |
Max Drawdown (10Y)Largest decline over 10 years | -61.39% | -49.58% | -11.81% |
Current DrawdownCurrent decline from peak | -32.27% | -1.23% | -31.04% |
Average DrawdownAverage peak-to-trough decline | -14.77% | -15.68% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.19% | 7.57% | +5.62% |
Volatility
UNH vs. PNC - Volatility Comparison
UnitedHealth Group Incorporated (UNH) has a higher volatility of 7.60% compared to The PNC Financial Services Group, Inc. (PNC) at 6.16%. This indicates that UNH's price experiences larger fluctuations and is considered to be riskier than PNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNH | PNC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.60% | 6.16% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 30.86% | 16.31% | +14.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.10% | 21.66% | +18.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.87% | 27.14% | +4.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.18% | 29.70% | +0.48% |
Dividends
UNH vs. PNC - Dividend Comparison
UNH's dividend yield for the trailing twelve months is around 2.16%, less than PNC's 2.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNC The PNC Financial Services Group, Inc. | 2.86% | 3.16% | 3.27% | 3.94% | 3.64% | 2.39% | 3.09% | 2.63% | 2.91% | 1.80% | 1.81% | 2.11% |
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% |
Financials
UNH vs. PNC - Financials Comparison
This section allows you to compare key financial metrics between UnitedHealth Group Incorporated and The PNC Financial Services Group, 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
UNH vs. PNC - Profitability Comparison
UNH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UnitedHealth Group Incorporated reported a gross profit of 25.41B and revenue of 111.72B. Therefore, the gross margin over that period was 22.7%.
PNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The PNC Financial Services Group, Inc. reported a gross profit of 5.96B and revenue of 6.17B. Therefore, the gross margin over that period was 96.6%.
UNH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UnitedHealth Group Incorporated reported an operating income of 8.99B and revenue of 111.72B, resulting in an operating margin of 8.1%.
PNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The PNC Financial Services Group, Inc. reported an operating income of 2.19B and revenue of 6.17B, resulting in an operating margin of 35.5%.
UNH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UnitedHealth Group Incorporated reported a net income of 6.28B and revenue of 111.72B, resulting in a net margin of 5.6%.
PNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The PNC Financial Services Group, Inc. reported a net income of 1.77B and revenue of 6.17B, resulting in a net margin of 28.7%.
Frequently Asked Questions
UNH and PNC have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNH has higher volatility (7.60%) compared to PNC (6.16%). In terms of maximum drawdown, UNH dropped -74.37% vs PNC's -76.65%.
PNC currently has the higher Sharpe Ratio (1.77 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.
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