MMA vs UNH: Correlation
Mixed Martial Arts Group Limited (MMA) and UnitedHealth Group (UNH) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MMA and UNH?
Over the past 3 years, MMA and UNH moved with a correlation of 0.42, which is moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2462.5 %².
By 3-year correlation, UNH places #5 of the 10 assets tracked against MMA. Their recent paths diverged sharply: over the last 12 months UNH outperformed by 85.1 percentage points (-51.6% for MMA against +33.5% for UNH). Note the risk asymmetry: MMA runs 3.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
MMA vs UNH: side by side
| MMA (Mixed Martial Arts Group Limited) | UNH (UnitedHealth Group) | |
|---|---|---|
| 1-year return | -51.6% | +33.5% |
| 5-year return | n/a | +3.1% |
| Volatility (ann.) | 134.6% | 39.8% |
| Beta vs S&P 500 | 2.08 | 0.17 |
| Max drawdown (3Y) | -92.2% | -61.4% |
| Market cap | – | $354.6B |
| P/E (trailing) | – | 25.8 |
| Dividend yield | 0.00% | 2.23% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | MMA | UNH |
|---|---|---|
| 2022 | – | +6.9% |
| 2023 | – | +0.8% |
| 2024 | – | -2.4% |
| 2025 | -20.6% | -33.1% |
| 2026 | -58.9% | +21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MMA and UNH good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MMA and UNH?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.46 over the last year and n/a over 5 years.
Is UNH a good diversifier for MMA?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mma-vs-unh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mma-vs-unh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MMA correlations · UNH correlations
