United Airlines Holdings Inc. (UAL)

UAL · Industrials · United States

United Airlines Holdings Inc. (UAL) is a company in the Industrials sector, based in United States. The stock is held in 20 ETFs we track – with its largest weight of 0.10 % in WVAL (msci-world-value). Anyone holding one of these ETFs also owns a small indirect stake in United Airlines Holdings.

Above-average ETF coverage: 20 of the 95 ETFs we cover hold United Airlines Holdings, spread across 8 indices. That puts the stock in more ETFs than 82.9 % of the 4,334 stocks we cover.

Held in20 ETFs

Highest weight0.10 %

Indices8

SectorIndustrials

CountryUnited States

ISINUS9100471096

WKNA1C6TV

Data note 1

Price chart

Data note 2

Performance

Performance
Year to date	-4.9 %	1 year	+2.0 %
1 month	-13.1 %	3 months	-8.2 %
Calendar year 2025	+15.2 %

52W

Data note 3

Measured in euros, United Airlines Holdings returned -3.2 % year to date and +4.4 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.

Data note 4

Risk metrics

Max drawdown-49.2 %

Volatility p.a.52.7 %

Data note 5

Below peak-21.9 %

Beta to S&P 5002.13

Correlation to S&P 5000.57

The close on Sep 16, 2026 was 21.9 % below the highest close since Aug 12, 2024, reached on Jun 26, 2026. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, United Airlines Holdings moved on average 2.13 % in the same direction. The correlation of 0.57 shows how reliable that average is: the broad market explained part of the daily moves, but far from all.

Data note 6

Correlated with

The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.

Correlated with
Instrument	r	−1 … +1
Delta Air Lines Inc.	+0.94
Southwest Airlines Co.	+0.86
PPG Industries Inc.	+0.71
Norwegian Cruise Line Holdings Ltd.	+0.69
Builders FirstSource Inc.	+0.67
D.R. Horton Inc.	+0.67
WTI crude oil	-0.68
Brent crude oil	-0.68
Exxonmobil Holdings Corporation	-0.67

Data note 7

Key financials

Latest reported fiscal year (FY2025, period end 2025-12-31) as filed with the SEC.

Revenue59.1 bn $

Net income3.4 bn $

Diluted EPS10.20 $

Net margin5.7 %

Return on equity21.9 %

Equity ratio20.0 %

Revenue growth+3.5 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	53.7	2.6	4.9 %
FY2024	57.1	3.1	5.5 %
FY2025	59.1	3.4	5.7 %

Data note 8

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
WVAL	msci-world-value	0.10 %	€1.00
XDEV	msci-world-value	0.09 %	€0.90
XDWI / XMIW	msci-world-industrials	0.09 %	€0.90
WIND	msci-world-industrials	0.09 %	€0.90
SPYL / SPY5	sp500	0.05 %	€0.50
SXR8	sp500	0.05 %	€0.50
WIMI	msci-world-imi	0.02 %	€0.20
SWWD	msci-world	0.01 %	€0.10
SPYI / SPSA	msci-acwi-imi	0.01 %	€0.10
SPYY	msci-acwi	0.01 %	€0.10
EUNL	msci-world	0.01 %	€0.10
IUSQ	msci-acwi	0.01 %	€0.10
SPPW	msci-world	0.01 %	€0.10
XDWD / XDWL	msci-world	0.01 %	€0.10
XD9U / XD9D	msci-usa	0.01 %	€0.10

Data note 9

The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to United Airlines Holdings as of the fund's latest holdings list.

Weight in SXR8 since 2019

Sep 30, 2019Sep 16, 2026

In SXR8, a fund tracking the S&P 500, United Airlines Holdings had a weight of 0.08 % on Sep 30, 2019 and 0.05 % on Sep 16, 2026. Its share peaked at 0.08 % on Sep 30, 2019. The weight rises and falls with the stock's price relative to the other index members, and it also shifts when the index provider changes the composition.

Data note 10

How much United Airlines Holdings Inc. overlaps with other holdings in a portfolio is shown by the Portfolio X-Ray and the ETF overlap check.

Stocks with similar ETF exposure

Names that reach a portfolio through largely the same funds as United Airlines Holdings — the figure counts the ETFs holding both.

Data note 11

Key figures side by side

Key figures compared with stocks of similar ETF exposure
Stock	1 year	Volatility p.a.	Net margin	Revenue growth
United Airlines Holdings	+2.0 %	52.7 %	5.7 %	+3.5 %
Textron	-3.3 %	27.4 %	6.2 %	+8.0 %
Leidos Holdings	-29.2 %	32.2 %	8.5 %	+3.2 %
FedEx Freight Holding Company	–	–	7.4 %	-1.1 %
Delta Air Lines	+34.6 %	44.4 %	7.9 %	+2.8 %
FedEx Corporation	+32.5 %	33.9 %	–	+7.7 %
AMETEK	+24.0 %	22.9 %	20.0 %	+6.6 %
Dover Corporation	+9.1 %	26.2 %	13.5 %	+4.5 %
Equifax	-37.1 %	36.6 %	10.9 %	+6.9 %

Return and volatility from our daily closing prices in US dollars; margin and growth from the latest SEC annual filing. Fiscal years do not all end on the same date.