UNH vs. WMT
UNH (UnitedHealth Group Incorporated) and WMT (Walmart Inc.) are both stocks. UNH operates in Healthcare Plans (Healthcare), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, UNH returned 13.22%/yr vs 18.44%/yr for WMT. At a 0.23 correlation, their price movements are largely independent.
Performance
UNH vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, UNH achieves a 29.43% return, which is significantly higher than WMT's 1.11% return. Over the past 10 years, UNH has underperformed WMT with an annualized return of 13.22%, while WMT has yielded a comparatively higher 18.44% annualized return.
UNH
- 1D
- -1.07%
- 1M
- 5.14%
- 6M
- 29.07%
- YTD
- 29.43%
- 1Y
- 53.14%
- 3Y*
- -4.02%
- 5Y*
- 2.11%
- 10Y*
- 13.22%
- ALL TIME*
- 23.05%
WMT
- 1D
- -1.79%
- 1M
- -4.25%
- 6M
- -5.89%
- YTD
- 1.11%
- 1Y
- 19.03%
- 3Y*
- 29.98%
- 5Y*
- 20.51%
- 10Y*
- 18.44%
- ALL TIME*
- 18.39%
UNH vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNH UnitedHealth Group Incorporated | 29.43% | -33.14% | -2.41% | 0.80% | 6.94% | 45.20% | 21.25% | 20.00% | 14.52% | 39.83% |
WMT Walmart Inc. | 1.11% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between UNH and WMT is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
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 | 0.23 |
The correlation between UNH and WMT shifts across timeframes, from 0.08 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
UNH:
$382.83B
WMT:
$892.90B
UNH:
$15.53
WMT:
$2.88
UNH:
27.15
WMT:
38.97
UNH:
0.85
WMT:
1.24
UNH:
3.65
WMT:
9.51
UNH:
$450.13B
WMT:
$725.31B
UNH:
$101.21B
WMT:
$181.16B
UNH:
$25.76B
WMT:
$44.32B
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Return for Risk
UNH vs. WMT — Risk / Return Rank
UNH
WMT
UNH vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UnitedHealth Group Incorporated (UNH) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.16 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.01 | +0.83 |
| Martin ratioReturn relative to average drawdown | 4.38 | 2.88 | +1.50 |
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Drawdowns
UNH vs. WMT - Drawdown Comparison
The maximum UNH drawdown since its inception was -74.37%, roughly equal to the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for UNH and WMT.
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Drawdown Indicators
| UNH | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.37% | -77.14% | +2.77% |
Max Drawdown (1Y)Largest decline over 1 year | -28.96% | -18.91% | -10.05% |
Max Drawdown (3Y)Largest decline over 3 years | -61.39% | -21.93% | -39.46% |
Max Drawdown (5Y)Largest decline over 5 years | -61.39% | -25.74% | -35.65% |
Max Drawdown (10Y)Largest decline over 10 years | -61.39% | -25.74% | -35.65% |
Current DrawdownCurrent decline from peak | -29.72% | -16.39% | -13.33% |
Average DrawdownAverage peak-to-trough decline | -14.81% | -14.63% | -0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.16% | 6.63% | +5.53% |
Volatility
UNH vs. WMT - Volatility Comparison
UnitedHealth Group Incorporated (UNH) and Walmart Inc. (WMT) have volatilities of 7.16% and 7.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNH | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 7.51% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 31.06% | 19.19% | +11.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.54% | 24.48% | +15.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.99% | 21.88% | +10.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.27% | 21.87% | +8.40% |
Dividends
UNH vs. WMT - Dividend Comparison
UNH's dividend yield for the trailing twelve months is around 2.12%, more than WMT's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNH UnitedHealth Group Incorporated | 2.12% | 2.64% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% |
WMT Walmart Inc. | 0.86% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
UNH vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between UnitedHealth Group Incorporated and Walmart 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. WMT - Profitability Comparison
UNH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, UnitedHealth Group Incorporated reported a gross profit of 36.67B and revenue of 112.03B. Therefore, the gross margin over that period was 32.7%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
UNH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, UnitedHealth Group Incorporated reported an operating income of 7.99B and revenue of 112.03B, resulting in an operating margin of 7.1%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
UNH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, UnitedHealth Group Incorporated reported a net income of 5.48B and revenue of 112.03B, resulting in a net margin of 4.9%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
UNH and WMT have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (7.51%) compared to UNH (7.16%). In terms of maximum drawdown, UNH dropped -74.37% vs WMT's -77.14%.
UNH currently has the higher Sharpe Ratio (1.35 vs 0.78), 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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