UNP vs. ITUB
UNP (Union Pacific Corporation) and ITUB (Itaú Unibanco Holding S.A.) are both stocks. UNP operates in Railroads (Industrials), while ITUB operates in Banks - Regional (Financial Services). Over the past 10 years, UNP returned 14.48%/yr vs 18.25%/yr for ITUB. At a 0.35 correlation, their price movements are largely independent.
Performance
UNP vs. ITUB - Performance Comparison
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Returns By Period
In the year-to-date period, UNP achieves a 19.12% return, which is significantly higher than ITUB's 12.88% return. Over the past 10 years, UNP has underperformed ITUB with an annualized return of 14.48%, while ITUB has yielded a comparatively higher 18.25% annualized return.
UNP
- 1D
- 1.65%
- 1M
- 3.58%
- YTD
- 19.12%
- 6M
- 14.84%
- 1Y
- 23.68%
- 3Y*
- 13.61%
- 5Y*
- 6.64%
- 10Y*
- 14.48%
ITUB
- 1D
- 1.01%
- 1M
- 1.83%
- YTD
- 12.88%
- 6M
- 13.72%
- 1Y
- 35.09%
- 3Y*
- 26.58%
- 5Y*
- 23.47%
- 10Y*
- 18.25%
UNP vs. ITUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNP Union Pacific Corporation | 19.12% | 3.86% | -5.10% | 21.61% | -15.93% | 23.31% | 17.64% | 33.70% | 5.26% | 32.30% |
ITUB Itaú Unibanco Holding S.A. | 12.88% | 86.06% | -23.49% | 54.53% | 30.82% | -6.05% | -30.47% | 8.46% | 12.68% | 30.90% |
Correlation
The correlation between UNP and ITUB is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2002 | 0.35 |
The correlation between UNP and ITUB shifts across timeframes, from 0.22 (3 years) to 0.35 (all time), reflecting how their relationship changes across market environments.
Fundamentals
UNP:
$161.87B
ITUB:
$88.83B
UNP:
$9.29
ITUB:
R$4.00
UNP:
29.37
ITUB:
10.19
UNP:
5.88
ITUB:
1.01
UNP:
8.76
ITUB:
1.21
UNP:
8.34K
ITUB:
2.08
UNP:
$18.49B
ITUB:
R$384.43B
UNP:
$8.47B
ITUB:
R$131.20B
UNP:
$9.89B
ITUB:
R$54.38B
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Return for Risk
UNP vs. ITUB — Risk / Return Rank
UNP
ITUB
UNP vs. ITUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Union Pacific Corporation (UNP) and Itaú Unibanco Holding S.A. (ITUB). 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.
| UNP | ITUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 1.64 | +0.30 |
| Martin ratioReturn relative to average drawdown | 4.69 | 4.32 | +0.37 |
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Drawdowns
UNP vs. ITUB - Drawdown Comparison
The maximum UNP drawdown since its inception was -67.49%, roughly equal to the maximum ITUB drawdown of -69.35%. Use the drawdown chart below to compare losses from any high point for UNP and ITUB.
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Drawdown Indicators
| UNP | ITUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.49% | -69.35% | +1.86% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -21.53% | +9.25% |
Max Drawdown (3Y)Largest decline over 3 years | -17.75% | -28.17% | +10.42% |
Max Drawdown (5Y)Largest decline over 5 years | -31.83% | -31.59% | -0.24% |
Max Drawdown (10Y)Largest decline over 10 years | -38.72% | -61.96% | +23.24% |
Current DrawdownCurrent decline from peak | -1.89% | -15.62% | +13.73% |
Average DrawdownAverage peak-to-trough decline | -17.07% | -21.01% | +3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 8.14% | -3.08% |
Volatility
UNP vs. ITUB - Volatility Comparison
The current volatility for Union Pacific Corporation (UNP) is 8.34%, while Itaú Unibanco Holding S.A. (ITUB) has a volatility of 9.45%. This indicates that UNP experiences smaller price fluctuations and is considered to be less risky than ITUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNP | ITUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.34% | 9.45% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 17.35% | 25.03% | -7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.62% | 31.11% | -9.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.81% | 33.91% | -11.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.32% | 38.44% | -13.12% |
Dividends
UNP vs. ITUB - Dividend Comparison
UNP's dividend yield for the trailing twelve months is around 2.02%, less than ITUB's 7.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITUB Itaú Unibanco Holding S.A. | 7.27% | 11.26% | 9.20% | 3.61% | 4.21% | 29.81% | 4.80% | 8.21% | 6.93% | 3.35% | 15.63% | 3.89% |
UNP Union Pacific Corporation | 2.02% | 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. ITUB - Financials Comparison
This section allows you to compare key financial metrics between Union Pacific Corporation and Itaú Unibanco Holding S.A.. 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. ITUB - 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%.
ITUB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a gross profit of 32.47B and revenue of 94.91B. Therefore, the gross margin over that period was 34.2%.
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%.
ITUB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported an operating income of 12.47B and revenue of 94.91B, resulting in an operating margin of 13.1%.
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%.
ITUB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a net income of 11.42B and revenue of 94.91B, resulting in a net margin of 12.0%.
Frequently Asked Questions
UNP and ITUB have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITUB has higher volatility (9.45%) compared to UNP (8.34%). In terms of maximum drawdown, UNP dropped -67.49% vs ITUB's -69.35%.
ITUB currently has the higher Sharpe Ratio (1.13 vs 1.10), 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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