UNP vs. EQT
UNP (Union Pacific Corporation) and EQT (EQT Corporation) are both stocks. UNP operates in Railroads (Industrials), while EQT operates in Oil & Gas E&P (Energy). Over the past 10 years, UNP returned 14.20%/yr vs 3.48%/yr for EQT. At a 0.24 correlation, their price movements are largely independent.
Performance
UNP vs. EQT - Performance Comparison
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Returns By Period
In the year-to-date period, UNP achieves a 17.36% return, which is significantly higher than EQT's -0.60% return. Over the past 10 years, UNP has outperformed EQT with an annualized return of 14.20%, while EQT has yielded a comparatively lower 3.48% annualized return.
UNP
- 1D
- -1.34%
- 1M
- 2.05%
- YTD
- 17.36%
- 6M
- 15.31%
- 1Y
- 22.98%
- 3Y*
- 12.90%
- 5Y*
- 6.31%
- 10Y*
- 14.20%
EQT
- 1D
- -1.43%
- 1M
- -5.33%
- YTD
- -0.60%
- 6M
- -9.17%
- 1Y
- -4.95%
- 3Y*
- 12.77%
- 5Y*
- 20.42%
- 10Y*
- 3.48%
UNP vs. EQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNP Union Pacific Corporation | 17.36% | 3.86% | -5.10% | 21.61% | -15.93% | 23.31% | 17.64% | 33.70% | 5.26% | 32.30% |
EQT EQT Corporation | -0.60% | 17.64% | 21.41% | 16.20% | 57.64% | 71.60% | 17.27% | -41.82% | -38.82% | -12.80% |
Correlation
The correlation between UNP and EQT is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.24 |
Over the past year, the correlation between UNP and EQT has dropped to 0.00 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
UNP:
$159.48B
EQT:
$33.12B
UNP:
$9.29
EQT:
$5.40
UNP:
28.93
EQT:
9.81
UNP:
5.79
EQT:
0.08
UNP:
8.63
EQT:
3.28
UNP:
8.21K
EQT:
1.32
UNP:
$18.49B
EQT:
$10.03B
UNP:
$8.47B
EQT:
$6.43B
UNP:
$9.89B
EQT:
$7.48B
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Return for Risk
UNP vs. EQT — Risk / Return Rank
UNP
EQT
UNP vs. EQT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Union Pacific Corporation (UNP) and EQT Corporation (EQT). 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.
| UNP | EQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.00 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | -0.23 | +2.11 |
| Martin ratioReturn relative to average drawdown | 4.56 | -0.45 | +5.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UNP | EQT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | -0.15 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.48 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.07 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.30 | +0.13 |
Drawdowns
UNP vs. EQT - Drawdown Comparison
The maximum UNP drawdown since its inception was -67.49%, smaller than the maximum EQT drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for UNP and EQT.
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Drawdown Indicators
| UNP | EQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.49% | -91.51% | +24.02% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -21.79% | +9.51% |
Max Drawdown (3Y)Largest decline over 3 years | -17.75% | -31.62% | +13.87% |
Max Drawdown (5Y)Largest decline over 5 years | -31.83% | -42.56% | +10.73% |
Max Drawdown (10Y)Largest decline over 10 years | -38.72% | -88.28% | +49.56% |
Current DrawdownCurrent decline from peak | -3.34% | -21.79% | +18.45% |
Average DrawdownAverage peak-to-trough decline | -17.08% | -23.34% | +6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.05% | 11.10% | -6.05% |
Volatility
UNP vs. EQT - Volatility Comparison
Union Pacific Corporation (UNP) and EQT Corporation (EQT) have volatilities of 8.03% and 7.95%, 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
| UNP | EQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.03% | 7.95% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 17.34% | 21.26% | -3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.55% | 32.66% | -11.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.79% | 42.80% | -20.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.32% | 48.92% | -23.60% |
Dividends
UNP vs. EQT - Dividend Comparison
UNP's dividend yield for the trailing twelve months is around 2.05%, more than EQT's 1.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQT EQT Corporation | 1.23% | 1.19% | 1.37% | 1.57% | 1.63% | 0.00% | 0.24% | 1.10% | 0.42% | 0.21% | 0.18% | 0.23% |
UNP Union Pacific Corporation | 2.05% | 2.35% | 2.32% | 2.12% | 2.45% | 1.70% | 1.86% | 2.05% | 2.21% | 1.85% | 2.17% | 2.81% |
Financials
UNP vs. EQT - Financials Comparison
This section allows you to compare key financial metrics between Union Pacific Corporation and EQT Corporation. 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
UNP vs. EQT - Profitability Comparison
UNP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Union Pacific Corporation reported a gross profit of 4.35M and revenue of 6.22M. Therefore, the gross margin over that period was 69.9%.
EQT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported a gross profit of 3.32B and revenue of 3.38B. Therefore, the gross margin over that period was 98.4%.
UNP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Union Pacific Corporation reported an operating income of 2.46M and revenue of 6.22M, resulting in an operating margin of 39.5%.
EQT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported an operating income of 2.04B and revenue of 3.38B, resulting in an operating margin of 60.3%.
UNP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Union Pacific Corporation reported a net income of 1.70M and revenue of 6.22M, resulting in a net margin of 27.4%.
EQT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported a net income of 1.55B and revenue of 3.38B, resulting in a net margin of 46.0%.
Frequently Asked Questions
UNP and EQT have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNP has higher volatility (8.03%) compared to EQT (7.95%). In terms of maximum drawdown, UNP dropped -67.49% vs EQT's -91.51%.
UNP currently has the higher Sharpe Ratio (1.07 vs -0.15), 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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