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UNIT vs. TWO
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

UNIT vs. TWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Uniti Group Inc. (UNIT) and Two Harbors Investment Corp. (TWO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, UNIT achieves a 60.20% return, which is significantly higher than TWO's 25.39% return. Over the past 10 years, UNIT has underperformed TWO with an annualized return of -5.69%, while TWO has yielded a comparatively higher -2.76% annualized return.


UNIT

1D
-1.06%
1M
-2.01%
YTD
60.20%
6M
68.62%
1Y
52.61%
3Y*
27.05%
5Y*
-3.22%
10Y*
-5.69%

TWO

1D
-0.40%
1M
1.06%
YTD
25.39%
6M
29.08%
1Y
34.40%
3Y*
12.13%
5Y*
-3.67%
10Y*
-2.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UNIT vs. TWO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
UNIT
Uniti Group Inc.
60.20%-23.27%2.57%19.13%-57.78%25.68%53.82%-44.94%0.20%-20.94%
TWO
Two Harbors Investment Corp.
25.39%2.52%-2.73%2.31%-23.25%0.03%-52.19%28.73%-10.33%26.53%

Correlation

The correlation between UNIT and TWO 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

0.38

Correlation (5Y)
Calculated over the trailing 5-year period

0.41

Correlation (10Y)
Calculated over the trailing 10-year period

0.35

Correlation (All Time)
Calculated using the full available price history since Apr 21, 2015

0.35

Over the past year, the correlation between UNIT and TWO has dropped to 0.15 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.

Fundamentals

EPS

UNIT:

$4.90

TWO:

-$4.56

PS Ratio

UNIT:

0.93

TWO:

1.77

Total Revenue (TTM)

UNIT:

$2.93B

TWO:

$546.33M

Gross Profit (TTM)

UNIT:

$1.07B

TWO:

$524.61M

EBITDA (TTM)

UNIT:

$1.02B

TWO:

-$7.58M

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Return for Risk

UNIT vs. TWO — Risk / Return Rank

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

UNIT
UNIT Risk / Return Rank: 6666
Overall Rank
UNIT Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
UNIT Sortino Ratio Rank: 6868
Sortino Ratio Rank
UNIT Omega Ratio Rank: 6666
Omega Ratio Rank
UNIT Calmar Ratio Rank: 6464
Calmar Ratio Rank
UNIT Martin Ratio Rank: 6161
Martin Ratio Rank

TWO
TWO Risk / Return Rank: 6565
Overall Rank
TWO Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
TWO Sortino Ratio Rank: 6565
Sortino Ratio Rank
TWO Omega Ratio Rank: 6868
Omega Ratio Rank
TWO Calmar Ratio Rank: 6060
Calmar Ratio Rank
TWO Martin Ratio Rank: 6464
Martin Ratio Rank
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.

UNIT vs. TWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Uniti Group Inc. (UNIT) and Two Harbors Investment Corp. (TWO). 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.


UNITTWODifference
Sharpe ratioReturn per unit of total volatility

+0.15

Sortino ratioReturn per unit of downside risk

+0.18

Omega ratioGain probability vs. loss probability

1.20

1.22

-0.01

Calmar ratioReturn relative to maximum drawdown

1.19

0.94

+0.25

Martin ratioReturn relative to average drawdown

2.21

2.70

-0.49

UNIT vs. TWO - Sharpe Ratio Comparison

The current UNIT Sharpe Ratio is 1.00, which is comparable to the TWO Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of UNIT and TWO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


UNITTWODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

0.85

+0.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.06

-0.11

+0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.11

-0.06

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.11

0.08

-0.18

Drawdowns

UNIT vs. TWO - Drawdown Comparison

The maximum UNIT drawdown since its inception was -83.89%, roughly equal to the maximum TWO drawdown of -84.71%. Use the drawdown chart below to compare losses from any high point for UNIT and TWO.


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Drawdown Indicators


UNITTWODifference

Max Drawdown

Largest peak-to-trough decline

-83.89%

-84.71%

+0.82%

Max Drawdown (1Y)

Largest decline over 1 year

-44.37%

-36.81%

-7.56%

Max Drawdown (3Y)

Largest decline over 3 years

-56.46%

-36.81%

-19.65%

Max Drawdown (5Y)

Largest decline over 5 years

-76.84%

-57.23%

-19.61%

Max Drawdown (10Y)

Largest decline over 10 years

-83.89%

-84.71%

+0.82%

Current Drawdown

Current decline from peak

-56.68%

-56.63%

-0.05%

Average Drawdown

Average peak-to-trough decline

-48.36%

-28.55%

-19.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.89%

12.77%

+11.12%

Volatility

UNIT vs. TWO - Volatility Comparison

Uniti Group Inc. (UNIT) has a higher volatility of 7.01% compared to Two Harbors Investment Corp. (TWO) at 3.09%. This indicates that UNIT's price experiences larger fluctuations and is considered to be riskier than TWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


UNITTWODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.01%

3.09%

+3.92%

Volatility (6M)

Calculated over the trailing 6-month period

33.47%

37.09%

-3.62%

Volatility (1Y)

Calculated over the trailing 1-year period

53.09%

40.91%

+12.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

53.63%

33.25%

+20.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

53.22%

48.00%

+5.22%

Dividends

UNIT vs. TWO - Dividend Comparison

UNIT has not paid dividends to shareholders, while TWO's dividend yield for the trailing twelve months is around 11.41%.


PositionTTM20252024202320222021202020192018201720162015
TWO
Two Harbors Investment Corp.
11.41%15.52%15.22%15.08%12.94%11.79%7.85%11.42%14.64%23.31%10.67%12.84%
UNIT
Uniti Group Inc.
0.00%0.00%5.45%10.38%10.85%4.28%5.12%4.51%15.41%13.49%9.45%8.78%

Financials

UNIT vs. TWO - Financials Comparison

This section allows you to compare key financial metrics between Uniti Group Inc. and Two Harbors Investment Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


-200.00M0.00200.00M400.00M600.00M800.00M1.00B20222023202420252026
987.50M
0
(UNIT) Total Revenue
(TWO) Total Revenue
Values in USD except per share items

Frequently Asked Questions


UNIT and TWO 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.

UNIT has higher volatility (7.01%) compared to TWO (3.09%). In terms of maximum drawdown, UNIT dropped -83.89% vs TWO's -84.71%.

UNIT currently has the higher Sharpe Ratio (1.00 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.

Portfolio Optimizer

Find the right allocation for UNIT and TWO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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