UnitedHealth Group Incorporated (UNH)

UNH · Health Care · United States

UnitedHealth Group Incorporated (UNH) is a company in the Health Care sector, based in United States. The stock is held in 22 ETFs we track – with its largest weight of 5.56 % in XUHL (msci-usa-health-care). Anyone holding one of these ETFs also owns a small indirect stake in UnitedHealth Group Incorporated.

Above-average ETF coverage: 22 of the 95 ETFs we cover hold UnitedHealth Group Incorporated, spread across 11 indices. That puts the stock in more ETFs than 87.9 % of the 4,334 stocks we cover.

Held in22 ETFs

Highest weight5.56 %

Indices11

SectorHealth Care

CountryUnited States

ISINUS91324P1021

WKN869561

Data note 1

About UnitedHealth Group Incorporated

UnitedHealth Group combines health insurance with health services. UnitedHealthcare offers health plans for employers and individuals and within the government programs Medicare and Medicaid. Optum provides care through doctors and clinics, manages pharmacy benefits and sells data and technology services to the health care sector. The company is based in Minnesota.

Data note 2

Price chart

Data note 3

Performance

Performance
Year to date	+13.7 %	1 year	+10.4 %
1 month	-5.1 %	3 months	-6.1 %
Calendar year 2025	-34.7 %

52W

Data note 4

Measured in euros, UnitedHealth Group Incorporated returned +15.8 % year to date and +13.0 % 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 5

Risk metrics

Max drawdown-62.0 %

Volatility p.a.41.1 %

Data note 6

Below peak-40.0 %

Beta to S&P 5000.41

Correlation to S&P 5000.15

The close on Sep 16, 2026 was 40.0 % below the highest close since Jul 11, 2024, reached on Nov 11, 2024. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, UnitedHealth Group Incorporated moved on average 0.41 % in the same direction. The correlation of 0.15 shows how reliable that average is: the broad market explained only a small share of the daily moves.

Data note 7

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
Centene Corporation	+0.62
Elevance Health Inc.	+0.61
CVS Health Corporation	+0.59
Humana Inc.	+0.56
Cigna Group	+0.52
Healthpeak Properties Inc.	+0.42
Broadcom Inc.	-0.34
Toncoin	-0.32
XNO	-0.29

Data note 8

Key financials

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

Revenue447.6 bn $

Net income12.1 bn $

Diluted EPS13.23 $

Net margin2.7 %

Revenue growth+11.8 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	371.6	22.4	6.0 %
FY2024	400.3	14.4	3.6 %
FY2025	447.6	12.1	2.7 %

Data note 9

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
XUHL / XUHC	msci-usa-health-care	5.56 %	€55.60
CIND	dow-jones	4.32 %	€43.20
SPFS	msci-world-health-care	4.10 %	€41.00
XDWH	msci-world-health-care	4.09 %	€40.90
XDEM	msci-world-momentum	0.62 %	€6.20
SPYL / SPY5	sp500	0.53 %	€5.30
SXR8	sp500	0.52 %	€5.20
XD9U / XD9D	msci-usa	0.52 %	€5.20
SWWD	msci-world	0.38 %	€3.80
EUNL	msci-world	0.38 %	€3.80
SPPW	msci-world	0.38 %	€3.80
XDWD / XDWL	msci-world	0.38 %	€3.80
WIMI	msci-world-imi	0.34 %	€3.40
SPYY	msci-acwi	0.33 %	€3.30
IUSQ	msci-acwi	0.33 %	€3.30
SPYI / SPSA	msci-acwi-imi	0.30 %	€3.00
XDEB	msci-world-minimum-volatility	0.25 %	€2.50

Data note 10

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

Weight in EUNL since 2019

Sep 30, 2019Sep 16, 2026

In EUNL, a fund tracking the MSCI World, UnitedHealth Group Incorporated had a weight of 0.50 % on Sep 30, 2019 and 0.38 % on Sep 16, 2026. Its share peaked at 1.03 % on Sep 30, 2022. 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 11

How much UnitedHealth Group Incorporated 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 UnitedHealth Group Incorporated — the figure counts the ETFs holding both.

Data note 12

Key figures side by side

Key figures compared with stocks of similar ETF exposure
Stock	1 year	Volatility p.a.	Net margin	Revenue growth
UnitedHealth Group Incorporated	+10.4 %	41.1 %	2.7 %	+11.8 %
Johnson & Johnson	+51.5 %	19.1 %	28.5 %	+6.0 %
Quest Diagnostics Incorporated	+37.1 %	23.0 %	9.0 %	+11.8 %
AbbVie	+21.4 %	26.9 %	6.9 %	+8.6 %
Abbott Laboratories	-22.9 %	24.1 %	14.7 %	+5.7 %
Cardinal Health	+56.7 %	26.4 %	0.7 %	-1.9 %
Cencora	+9.8 %	26.4 %	0.5 %	+9.3 %
McKesson Corporation	+28.0 %	28.6 %	1.2 %	+12.4 %
Edwards Lifesciences Corporation	+18.9 %	25.1 %	17.7 %	+11.5 %

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.