UnitedHealth Group Incorporated

10-Year Study

UNH.US · Healthcare · US · Common Stock

Executive Summary: UnitedHealth Group Incorporated has compounded at 10.8% annually over the last 10 years, with a maximum drawdown of 58.5% and an annualized volatility of 51.9%.

1Y CAGR
+7.6%
3Y CAGR
-12.2%
5Y CAGR
-3.7%
10Y CAGR
+10.8%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
58.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.40
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.54
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
26.8%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +45.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · -33.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-13.12.2-7.716.9————————-4.2%
20257.2-12.410.7-21.4-26.64.1-20.024.212.1-1.1-3.50.8-33.1%
2024-2.8-3.50.6-2.22.43.213.12.4-0.6-3.58.1-16.8-2.4%
2023-5.8-4.7-0.44.1-1.0-1.05.4-5.96.26.23.3-4.50.8%
2022-5.90.77.5-0.3-2.33.85.6-4.2-2.49.9-1.3-2.96.9%
2021-4.9-0.412.47.23.3-2.42.91.0-5.817.8-3.513.445.2%
2020-7.3-6.4-1.817.34.2-2.82.73.20.2-2.110.24.621.3%
20198.5-10.42.5-5.73.71.42.0-6.0-6.716.310.85.420.0%
20187.4-4.5-5.110.52.21.93.26.0-0.6-1.88.0-11.514.5%
20171.32.0-0.56.60.26.33.43.7-1.27.38.9-3.439.8%
2016———2.21.56.11.4-5.03.41.012.51.125.8%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 51.9%. The dominant macroeconomic risk driver is SHV.US, accounting for 44.1% of variance. Idiosyncratic stock-specific factors contribute 16.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110215.668938250112
2016-05-0110370.054998617099
2016-06-0111004.112427511096
2016-07-0111159.976604050766
2016-08-0110602.763079741193
2016-09-0110960.975012582123
2016-10-0111065.105123078109
2016-11-0112444.659058449068
2016-12-0112579.856813163395
2017-01-0112741.778545551824
2017-02-0112999.605533414042
2017-03-0112939.96399925641
2017-04-0113797.57969811971
2017-05-0113821.256761474671
2017-06-0114689.572933244466
2017-07-0115195.81412009014
2017-08-0115757.50733390463
2017-09-0115574.755952138055
2017-10-0116717.512049367266
2017-11-0118206.23801297659
2017-12-0117591.033366432253
2018-01-0118893.244646362975
2018-02-0118045.848805945112
2018-03-0117132.11003350699
2018-04-0118925.382337871968
2018-05-0119334.466858005635
2018-06-0119710.561276076736
2018-07-0120343.639339653866
2018-08-0121568.018281485918
2018-09-0121445.715503443647
2018-10-0121067.644218344056
2018-11-0122753.150065064317
2018-12-0120145.94356860772
2019-01-0121850.65585737539
2019-02-0119587.959247520983
2019-03-0120071.84732782894
2019-04-0118918.940506089722
2019-05-0119627.5802253858
2019-06-0119894.683580661334
2019-07-0120302.345655738358
2019-08-0119078.544432909654
2019-09-0117802.144731848446
2019-10-0120700.361978263387
2019-11-0122926.036011884014
2019-12-0124174.46427587185
2020-01-0122405.212399853095
2020-02-0120966.90561366759
2020-03-0120596.859683247865
2020-04-0124155.75535817113
2020-05-0125178.24902176821
2020-06-0124465.506844221974
2020-07-0125114.9892768566
2020-08-0125925.38687197066
2020-09-0125967.254739266657
2020-10-0125415.046859909955
2020-11-0128013.68390984398
2020-12-0129313.147525969052
2021-01-0127883.763846003876
2021-02-0127770.08492366845
2021-03-0131211.61091992328
2021-04-0133453.89501747895
2021-05-0134554.48399689868
2021-06-0133714.50594193634
2021-07-0134706.303757407586
2021-08-0135047.28611522959
2021-09-0133013.298511455396
2021-10-0138904.72498424401
2021-11-0137531.781764761894
2021-12-0142563.76076281677
2022-01-0140057.274734641884
2022-02-0140336.99235097552
2022-03-0143355.396257554945
2022-04-0143234.671345856514
2022-05-0142234.04110613872
2022-06-0143822.27239958105
2022-07-0146271.773875430175
2022-08-0144308.59075678642
2022-09-0143224.58751037175
2022-10-0147513.32798309688
2022-11-0146880.83935234934
2022-12-0145516.10285149467
2023-01-0142855.60255904531
2023-02-0140859.58349769442
2023-03-0140716.49641126089
2023-04-0142396.534134961985
2023-05-0141978.680667963425
2023-06-0141577.83007104933
2023-07-0143803.61004937633
2023-08-0141226.618786584506
2023-09-0143784.81167621095
2023-10-0146509.0432598356
2023-11-0148020.965672338825
2023-12-0145875.620604758085
2024-01-0144592.071675032086
2024-02-0143011.39419000594
2024-03-0143277.173986969
2024-04-0142314.87501756963
2024-05-0143335.79081482288
2024-06-0144739.9014286945
2024-07-0150617.25405915186
2024-08-0151850.71026655966
2024-09-0151547.90501970066
2024-10-0149768.75189865383
2024-11-0153797.86081223844
2024-12-0144769.8536846353
2025-01-0148011.69389215817
2025-02-0142035.12140739982
2025-03-0146551.25694071327
2025-04-0136569.063971279604
2025-05-0126833.966096914657
2025-06-0127924.942083088208
2025-07-0122338.522370180253
2025-08-0127736.966830730198
2025-09-0131103.360761619482
2025-10-0130766.477561099815
2025-11-0129704.476192404196
2025-12-0129935.025037434654
2026-01-0126019.378073622996
2026-02-0126594.30245158716
2026-03-0124537.63528616964
2026-04-0128691.776505207414
Annual Return Matrix
YearAnnual Return
20170.3983492521174987
20180.14523934716938336
20190.19996684163960188
20200.21256658230172398
20210.4520365213291666
20220.06936281089280616
20230.007898693665325807
2024-0.024103584987972826
2025-0.3313575414317661
2026-0.04153156814375547
Total Factor Risk
0.5187670287106743
VTI.US Exposure
0.11014811186996443
VEA.US Exposure
0.0032846909574407424
VWO.US Exposure
0.0042966846094699375
QQQ.US Exposure
0.007507817757218723
VTV.US Exposure
0.05295923183770023
IJR.US Exposure
0.02301473672615933
QUAL.US Exposure
0.10016126300435599
SHV.US Exposure
0.44109051297743973
TLT.US Exposure
0.00010403560465165682
LQD.US Exposure
0.000928483919292166
HYG.US Exposure
0.016477760257061304
GLD.US Exposure
0.004516182135095696
USO.US Exposure
0.00048803107971544295
VNQ.US Exposure
0.023868531405192756
BTC-USD.CC Exposure
0.00038360032540456544
CPER.US Exposure
0.016448476005613603
VIX.INDX Exposure
0.022061169808368926
UUP.US Exposure
0.0012216942848145846
TIP.US Exposure
0.0036998136723951068
Idiosyncratic Exposure
0.16733917176264518
Value Score
41.6
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
38.3
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
51.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →21.0x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.19%
Market Cap$251.7B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$3,129
Avg Yield on Cost
5.22%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2020$437.994.38%Solid
2021$507.825.08%Solid
2022$580.365.80%Solid
2023$661.076.61%Solid
2024$741.787.42%Solid
2026$200.412.00%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+10.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
44.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.41
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is UnitedHealth Group Incorporated a high-risk investment?

UnitedHealth Group Incorporated (UNH.US) has an annualized volatility of 51.9% and experienced a maximum drawdown of 58.5% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of UNH.US?

Over the past 10 years, UNH.US has generated a Compound Annual Growth Rate (CAGR) of 10.8%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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