State Street SPDR S&P 500 ETF (SPY) vs UnitedHealth Group Incorporated (UNH)

Over the past 10 years, UNH lagged SPY — 13.27% vs 14.89% annualized total return (price plus dividends).

A side-by-side comparison of State Street SPDR S&P 500 ETF and UnitedHealth Group Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: SPY is classified in Financial Services; UNH is classified in Healthcare. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnSPY vs UNH

growth of $100 · dividends reinvested · last 30y
SPY +1866.5%UNH +12902.6%UNH compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $100200120062011201620212026$1,967$13,003
SPY UNH

Metrics side by side

Did UNH beat SPY?

Over the past 10 years, UNH lagged SPY — 13.27% vs 14.89% annualized total return (price plus dividends).

Total return (annualized)

MetricSPYUNH
Total return (1Y)17.32%52.28%
Total return CAGR (3Y)18.85%-4.23%
Total return CAGR (5Y)12.50%1.90%
Total return CAGR (10Y)14.89%13.27%

SPY is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has UNH beaten SPY?
Over the past 10 years, UNH lagged SPY — 13.27% vs 14.89% annualized total return (price plus dividends).

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.