# How Uber Technologies (UBER) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/uber
> Data as of October 20, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on UBER alone. It places UBER (Uber Technologies, Inc.) against 14 popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where UBER stands in the market, and of the alternatives worth a closer look.

Period covered: UBER's full trading record, from May 2019 through September 2026. The crash tests reach back to 2000 using older funds and the S&P 500. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** Over the past 6 months, UBER fell 11.0% while the S&P 500 rose 9.1%. UBER is 31.1% below its high, bear-market territory, while the S&P 500 sits 1.3% below a record.
- **Stock or market?:** UBER fell 4.5% over the past 3 months, 4.8 points ahead of the passenger transportation ETF IYT (iShares U.S. Transportation ETF), which fell 9.3%. The S&P 500 rose 3.9%. Its passenger transportation peers did not move as one over the past 3 months: GPN (Global Payments) rose 3.3%, while BILI (Bilibili) fell 24.4%.
- **Past 1 to 3 years:** UBER has gone against the market, falling 26.4% over the past year while the S&P 500 rose 15.8%. The same gap shows up over 3 years (60.5% against 89.3%).
- **Long term:** UBER turned $10,000 into $15,000 over the past 5 years, against $18,200 in the S&P 500. Even so, it outpaced every one of its passenger transportation peers over the past 5 years, including DASH (DoorDash) and GPN (Global Payments).
- **In a crash:** In the Covid crash, UBER fell 63.9%, against 33.7% for the S&P 500. That was more than GPN (Global Payments, 44.3%) but less than LYFT (65.3%).
- **Diversification:** Against the S&P 500, UBER has a correlation of 0.50 over 5 years, more closely than 74% of stocks worth at least $300 million. Next to an index fund it is some diversification, but not a hedge.
- **Better options**
  - **Popular alternatives:** GOOG (Alphabet) earned more than UBER with less volatility over the past 5 years: 19.0% a year at 32.0% volatility, against 8.4% a year at 44.8%.
  - **Nearby categories and themes:** RACE (Ferrari, automobiles) earned more than UBER with less volatility over the past 5 years: 13.3% a year at 30.0% volatility, against 8.4% a year at 44.8%.
  - **Whole market:** 1,008 of the 3,633 stocks and funds worth at least $500 million earned more than UBER with less volatility over the past 5 years, among them AAPL (Apple), GOOG (Alphabet) and MSFT (Microsoft).

## How much would $10,000 in UBER have grown?

This chart tracks a hypothetical $10,000 investment in UBER over the past 7 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of UBER over the same span and UBER's popular alternatives, among those that traded for the entire period.

- $10,000 invested in UBER at the end of September 2019 would have grown to $22,485 by September 2026, less than the $28,402 it would have become in SPY, an S&P 500 fund.
- Five of the eight other investments on the chart ended ahead of UBER, and NVDA finished highest, at $528,672.

## UBER at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- UBER is still 31.1% below its all-time high.
- UBER's deepest decline since it began trading in 2019 was 68.0%, from June 2019 to March 2020. It took eight months from the low to climb back to its old high.
- Over six full calendar years, UBER's best was 2023, when it returned 149%, and its worst was 2022, when it lost 41.0%. It lost money in three of those years.

- Type: Stock, Technology (Software - Application)
- Trading since: May 10, 2019
- Market value: $141B
- Volatility (5 years): 44.8%; Sharpe ratio: 0.40
- Worst decline ever: −68.0%, from June 28, 2019 to March 18, 2020; back at its high by November 9, 2020

| Period | UBER total return |
| --- | --- |
| 1 month | −2.7% |
| 3 months | −4.5% |
| 6 months | −11.0% |
| year to date | −16.8% |
| 1 year | −26.4% |
| 3 years | +60.5% |
| 5 years | +49.9% |

## UBER against the whole market

Where UBER ranks among every stock and fund, and what across the market has done better.

### How does UBER rank among all stocks?

This section ranks UBER on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- UBER's 1-year return ranks in the bottom 15% of the 3,287 stocks worth at least $300 million with 1 year of history.

| Measure | UBER | Rank |
| --- | --- | --- |
| 1-year return | −26.4% | 2,780 of 3,287 (top 85%) |
| 3-year return | +60.5% | 1,392 of 3,017 (top 47%) |
| 5-year return | +49.9% | 1,094 of 2,893 (top 38%) |
| Volatility, 5 years | 44.8% | 1,688 of 2,893 (top 59%) |
| Sharpe ratio, 5 years | 0.40 | 1,224 of 2,893 (top 43%) |

### What has beaten UBER on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer).

- 600 stocks and 408 ETFs worth at least $500 million sit in the green region: each earned more than UBER over the past 5 years with smaller price swings. That is 28% of the 3,633 screened.
- Among those with at least half UBER's swings, CAH has the best return for its risk: 42.1% a year at 24.7% volatility, 45% less than UBER's 44.8%, and a Sharpe ratio (return above cash per unit of volatility) of 1.55 against 0.40 for UBER. INSW earned the most, 56.5% a year, while still swinging less than UBER (40.5% against 44.8%).
- Among UBER's popular alternatives, GOOG is in the region. GOOG earned 19.0% a year against 8.4% a year for UBER, at 32.0% volatility, 29% less than UBER's 44.8%.

### Is there a better investment than UBER?

The table below lists investments that beat UBER over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes.

- Among UBER's popular alternatives, GOOG earned more than UBER with less volatility over the past 5 years: 19.0% a year at 32.0% volatility, against 8.4% a year at 44.8%.
- Looking beyond its popular alternatives, RACE (automobiles) earned more than UBER with less volatility over the past 5 years: 13.3% a year at 30.0% volatility, against 8.4% a year at 44.8%.
- Across the whole market, 1,008 of the 3,633 stocks and funds worth at least $500 million earned more than UBER with less volatility over the past 5 years, among them AAPL, GOOG and MSFT.

The 15 strongest of 1,008 investments that beat UBER over the past 5 years, out of 3,633 stocks and funds worth at least $500 million.

| Investment | Group | Annual return (5 years) | Volatility | Sharpe | Worst decline (10 years) | 5Y return | Correlation with UBER | Better on |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| UBER: Uber Technologies, Inc. (this page) |  | +8.4% | 44.8% | 0.40 | −68.0% | +49.9% |  |  |
| [RY](https://easycompare.io/research/ry): Royal Bank of Canada | Banks | +17.3% | 18.2% | 0.97 | −40.0% | +122% | 0.29 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [CAH](https://easycompare.io/research/cah): Cardinal Health, Inc. | Health Care Distribution | +42.1% | 24.7% | 1.55 | −46.1% | +479% | 0.41 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [AAPL](https://easycompare.io/research/aapl): Apple Inc. | Computer Hardware | +18.5% | 28.0% | 0.75 | −38.5% | +133% | 0.30 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [MSFT](https://easycompare.io/research/msft): Microsoft Corporation | Software | +12.5% | 28.2% | 0.56 | −37.1% | +80.3% | 0.30 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [LLY](https://easycompare.io/research/lly): Eli Lilly and Company | Pharmaceuticals | +40.7% | 32.8% | 1.21 | −34.5% | +451% | 0.12 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [VTI](https://easycompare.io/research/vti): Vanguard Morningstar Total Stock Market ETF | US Total Market | +11.5% | 17.5% | 0.71 | −35.0% | +72.6% | 0.52 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [VOO](https://easycompare.io/research/voo): Vanguard S&P 500 ETF | US Large-Cap Equity | +12.8% | 16.9% | 0.80 | −34.0% | +82.3% | 0.50 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [WMT](https://easycompare.io/research/wmt): Walmart Inc. | Discount Retail | +20.8% | 22.6% | 0.96 | −25.7% | +158% | 0.33 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [XOM](https://easycompare.io/research/xom): Exxonmobil Holdings Corporation | Integrated Oil & Gas | +27.1% | 26.5% | 1.04 | −61.0% | +232% | -0.14 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [JPM](https://easycompare.io/research/jpm): JPMorgan Chase & Co. | Banks | +17.3% | 24.3% | 0.78 | −43.6% | +122% | 0.39 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [ABBV](https://easycompare.io/research/abbv): AbbVie Inc. | Pharmaceuticals | +26.1% | 23.4% | 1.11 | −45.1% | +218% | 0.10 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [HSBC](https://easycompare.io/research/hsbc): HSBC Holdings plc | Banks | +33.1% | 25.9% | 1.24 | −62.3% | +318% | 0.19 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [JNJ](https://easycompare.io/research/jnj): Johnson & Johnson | Pharmaceuticals | +12.7% | 17.9% | 0.76 | −27.4% | +82.1% | 0.05 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [V](https://easycompare.io/research/v): Visa Inc. | Payment Processing | +12.8% | 22.9% | 0.64 | −36.4% | +82.5% | 0.37 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| DXJ: WisdomTree Japan Hedged Equity Fund | International Equity | +26.6% | 19.1% | 1.34 | −39.1% | +225% | 0.32 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |

## UBER against its popular alternatives

The investments people most often weigh against UBER, compared period by period and year by year.

### How do UBER's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings.

- Only GOOG was both more rewarding and calmer than UBER over the past 5 years, earning a higher annual return with lower volatility.
- Eight of the 12 popular alternatives earned less than UBER over the past 5 years while swinging more, the weaker corner of the map.
- Over the past 5 years, UBER returned 8.4% a year, less than the S&P 500's 12.7%, with higher volatility (44.8% against 17.1%).

### Has UBER consistently beaten its popular alternatives?

This section compares UBER with the investments people most often weigh against it, checking each one over seven periods from one month to five years.

- Only one of the 14 popular alternatives, GOOG, outperformed UBER in at least 3 of 5 short-term and 2 of 2 long-term timeframes.
- GOOG earned more for the risk it took than UBER (a higher Sharpe ratio) and fell less in its worst decline of the past 10 years.

| Investment | 1Y return | 3Y return | 5Y return | Periods ahead of UBER | Verdict | Sharpe |
| --- | --- | --- | --- | --- | --- | --- |
| UBER: Uber Technologies, Inc. (this page) | −26.4% | +60.5% | +49.9% |  |  | 0.40 |
| [GOOG](https://easycompare.io/research/goog): Alphabet Inc. | +31.2% | +148% | +138% | 3/5 short-term, 2/2 long-term | consistent | 0.71 |
| [TSLA](https://easycompare.io/research/tsla): Tesla, Inc. | −16.5% | +76.3% | +29.5% | 5/5 short-term, 1/2 long-term |  | 0.39 |
| LYFT: Lyft, Inc. | −14.6% | +70.8% | −65.1% | 5/5 short-term, 1/2 long-term |  | 0.03 |
| CART: Maplebear Inc. | +30.3% | +104% | — | 5/5 short-term, 1/2 long-term |  | — |
| [DASH](https://easycompare.io/research/dash): DoorDash, Inc. | −27.8% | +162% | −11.1% | 4/5 short-term, 1/2 long-term |  | 0.23 |
| [ABNB](https://easycompare.io/research/abnb): Airbnb, Inc. | +39.1% | +51.9% | +4.2% | 5/5 short-term, 0/2 long-term |  | 0.24 |
| GPN: Global Payments Inc. | −1.3% | −21.1% | −44.7% | 5/5 short-term, 0/2 long-term |  | -0.14 |
| ZTO: ZTO Express (Cayman) Inc. | +7.5% | −5.6% | −27.7% | 3/5 short-term, 0/2 long-term |  | 0.02 |
| YMM: Full Truck Alliance Co. Ltd. | −28.1% | +38.1% | −44.0% | 3/5 short-term, 0/2 long-term |  | 0.14 |
| GRAB: Grab Holdings Limited | −49.0% | −11.6% | −71.6% | 1/5 short-term, 0/2 long-term |  | -0.11 |
| MBLY: Mobileye Global Inc. | −50.3% | −79.5% | — | 1/5 short-term, 0/2 long-term |  | — |
| ACHR: Archer Aviation Inc. | −66.8% | −18.3% | −40.4% | 0/5 short-term, 0/2 long-term |  | 0.30 |
| JOBY: Joby Aviation, Inc. | −73.3% | −19.1% | −48.8% | 0/5 short-term, 0/2 long-term |  | 0.20 |
| BILI: Bilibili Inc. | −49.5% | +11.3% | −83.1% | 0/5 short-term, 0/2 long-term |  | -0.09 |

### How did UBER do year by year?

This table shows each investment's total return in every full calendar year since 2020, along with where UBER ranked among its popular alternatives each year.

- UBER finished ahead of the S&P 500 in three of its six full calendar years.
- Among its popular alternatives, GOOG came out ahead of UBER most often, in four of the six years both traded.
- Ranked against its popular alternatives each year, UBER finished in the top quarter in one of six years and in the bottom quarter in no. In 2025, it ranked 5 of 15.

| Year | UBER | SPY |
| --- | --- | --- |
| 2025 | +35.5% | +17.7% |
| 2024 | −2.0% | +24.9% |
| 2023 | +149% | +26.2% |
| 2022 | −41.0% | −18.2% |
| 2021 | −17.8% | +28.7% |
| 2020 | +71.5% | +18.3% |

## Risk and diversification

How UBER has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were UBER's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of UBER's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: UBER fell 67.6% from February 2021 to June 2022, while the S&P 500 slipped only 1.3%.
- The longest climb back to a previous high took 18 months, after UBER fell 67.6% from February 2021 to June 2022.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −68.0% | June 28, 2019 | March 18, 2020 | November 9, 2020 | −17.3% | Covid crash |
| −67.6% | February 10, 2021 | June 30, 2022 | December 27, 2023 | −1.3% | 2022 bear market |
| −34.1% | October 6, 2025 | July 24, 2026 | not yet | +10.9% |  |
| −30.6% | October 11, 2024 | December 13, 2024 | May 12, 2025 | +4.3% |  |
| −28.1% | February 15, 2024 | August 5, 2024 | October 11, 2024 | +3.7% |  |

### How did UBER do in stock market crashes?

This section measures how far UBER, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000.

- UBER fell further than the S&P 500 in all three crashes it has traded through. The clearest case was the Covid crash, when UBER fell 63.9% and the S&P 500 fell 33.7%.
- Among its popular alternatives, GOOG held up best, falling less than UBER in all three crashes they both traded through.
- UBER began trading after the 2008 financial crisis, but two of its popular alternatives lived through it. The mildest fall among them was GPN's 44.4%, against 55.2% for the S&P 500.

| Crash | Dates | UBER fall | SPY fall |
| --- | --- | --- | --- |
| Dot-com bust | March 10, 2000 to October 9, 2002 | not trading | −47.5% |
| Global financial crisis | October 9, 2007 to March 9, 2009 | not trading | −55.2% |
| Flash crash | May 6, 2010 to May 7, 2010 | not trading | −1.5% |
| Euro debt crisis | July 22, 2011 to October 3, 2011 | not trading | −17.9% |
| China devaluation & oil rout | August 10, 2015 to February 11, 2016 | not trading | −12.8% |
| Volmageddon | February 2, 2018 to February 9, 2018 | not trading | −6.5% |
| Q4 2018 selloff | September 21, 2018 to December 24, 2018 | not trading | −19.3% |
| COVID crash | February 19, 2020 to March 23, 2020 | −63.9% | −33.7% |
| 2022 bear market | January 4, 2022 to October 12, 2022 | −53.9% | −24.5% |
| SVB / regional bank stress | March 8, 2023 to March 13, 2023 | −9.4% | −3.4% |

### How closely does UBER move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell.

- Only GOOG had a higher capture ratio (upside capture divided by downside capture) than UBER's 0.80, out of 12 popular alternatives with the same record.
- Over the past 5 years, UBER captured 99% of the S&P 500's gains in rising months and 124% of its losses in falling months, with a beta of 1.26. Its share of the market's losses was larger than its share of the gains.

Measured over the past 5 years of monthly returns against SPY.

| Investment | Upside capture | Downside capture | Beta |
| --- | --- | --- | --- |
| UBER: Uber Technologies, Inc. (this page) | 99.0% | 124% | 1.26 |
| [GOOG](https://easycompare.io/research/goog): Alphabet Inc. | 140% | 132% | 1.20 |
| [TSLA](https://easycompare.io/research/tsla): Tesla, Inc. | 134% | 196% | 1.90 |
| LYFT: Lyft, Inc. | 81.0% | 292% | 1.95 |
| [DASH](https://easycompare.io/research/dash): DoorDash, Inc. | 143% | 261% | 1.89 |
| [ABNB](https://easycompare.io/research/abnb): Airbnb, Inc. | 69.0% | 130% | 1.23 |
| GPN: Global Payments Inc. | 46.0% | 158% | 0.80 |
| ZTO: ZTO Express (Cayman) Inc. | −21.0% | 2.0% | -0.20 |
| YMM: Full Truck Alliance Co. Ltd. | −6.0% | 58.0% | 0.22 |
| GRAB: Grab Holdings Limited | −19.0% | 112% | 0.90 |
| ACHR: Archer Aviation Inc. | 174% | 362% | 3.28 |
| JOBY: Joby Aviation, Inc. | 168% | 344% | 2.66 |
| BILI: Bilibili Inc. | 9.0% | 197% | 0.65 |

### What diversifies UBER?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions).

- Moving a fifth of the money in UBER into GLD would have cut the portfolio's volatility by 19% over the past 5 years and raised its annual return (+8.9% for UBER alone, +12.2% for the mix).
- MCK made money in three of the three calendar years in which UBER lost money.
- Among large ETFs, LVHI, DXJ and EMLP have moved largely independently of UBER over the past 5 years, with correlations of 0.32 or lower, and each still earned a positive 5-year return.

| Investment | Correlation with UBER | 5Y return | Volatility | Sharpe | Rose in UBER's 3 down years |
| --- | --- | --- | --- | --- | --- |
| LVHI: Franklin International Low Volatility High Dividend Index ETF | 0.24 | +119% | 11.1% | 1.48 | 3 of 3 |
| DXJ: WisdomTree Japan Hedged Equity Fund | 0.32 | +225% | 19.1% | 1.34 | 3 of 3 |
| EMLP: First Trust North American Energy Infrastructure Fund | 0.24 | +101% | 14.5% | 1.04 | 3 of 3 |
| HDV: iShares Core High Dividend ETF | 0.20 | +83.3% | 13.0% | 1.00 | 3 of 3 |
| FTLS: First Trust Long/Short Equity ETF | 0.41 | +62.9% | 10.4% | 0.99 | 2 of 3 |
| [SMH](https://easycompare.io/research/smh): VanEck Semiconductor ETF | 0.40 | +323% | 36.9% | 0.97 | 2 of 3 |
| DBEF: Xtrackers MSCI EAFE Hedged Equity ETF | 0.44 | +85.0% | 13.8% | 0.96 | 2 of 3 |
| [GLD](https://easycompare.io/research/gld): SPDR Gold Shares | 0.07 | +126% | 18.9% | 0.96 | 1 of 3 |

## Common questions

### What was UBER's worst drawdown?

UBER's deepest decline since it began trading in 2019 was 68.0%, from June 2019 to March 2020. It took eight months from the low to climb back to its old high. Because UBER launched in May 2019, that record does not include the dot-com bust, the 2008 financial crisis or five other sell-offs.

### What were UBER's best and worst years?

Over six full calendar years, UBER's best year was 2023, when it returned 149%. Its worst was 2022, with a return of -41.0%.

### Is there a better investment than UBER?

Among UBER's popular alternatives, GOOG earned more than UBER with less volatility over the past 5 years: 19.0% a year at 32.0% volatility, against 8.4% a year at 44.8%. Looking beyond its popular alternatives, RACE (automobiles) earned more than UBER with less volatility over the past 5 years: 13.3% a year at 30.0% volatility, against 8.4% a year at 44.8%.

### Is UBER more volatile than the S&P 500?

Yes. UBER's volatility over the past 5 years was 44.8%, 2.6 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, UBER's return lands within 44.8% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

### What is UBER's Sharpe ratio?

UBER's Sharpe ratio over the past 5 years was 0.40, against 0.79 for the S&P 500, so UBER earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

### How correlated is UBER with the S&P 500?

Over the past 5 years, UBER's monthly returns had a correlation of 0.50 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They often move together: some diversification next to an index fund, but not a cushion. In the table, the correlation column measures each option against UBER instead: the lower it is, the more that option would diversify a UBER holding.

### What are the best alternatives to UBER?

Of the 14 popular alternatives we compared, one outperformed UBER in at least 3 of 5 short-term and 2 of 2 long-term timeframes, with dividends reinvested: GOOG.

### Did UBER outperform the S&P 500?

UBER finished ahead of the S&P 500 (SPY) in three of six full calendar years. In 2025, it returned +35.5%, against +17.7% for the index.

### How did UBER do in stock market crashes?

UBER fell less than the S&P 500 (SPY) in none of the three major crashes it has traded through, and further in three. The clearest case was the Covid crash, when UBER fell 63.9% and the S&P 500 fell 33.7%.

### What diversifies UBER?

These had a low correlation with UBER over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.24), DXJ (correlation 0.32) and EMLP (correlation 0.24); among large stocks, CAH (correlation 0.41), CLS (correlation 0.29) and FIX (correlation 0.21). A correlation near zero means the two have moved largely independently.

## More research

- [Alphabet (GOOG) Performance, Alternatives and Market Rank](https://easycompare.io/research/goog)
- [Tesla (TSLA) Performance, Alternatives and Market Rank](https://easycompare.io/research/tsla)
- [DoorDash (DASH) Performance, Alternatives and Market Rank](https://easycompare.io/research/dash)
- [Airbnb (ABNB) Performance, Alternatives and Market Rank](https://easycompare.io/research/abnb)
- [Schwab U.S. Dividend Equity ETF (SCHD) Performance, Alternatives and Market Rank](https://easycompare.io/research/schd)
- [NVIDIA (NVDA) Performance, Alternatives and Market Rank](https://easycompare.io/research/nvda)
- [Apple (AAPL) Performance, Alternatives and Market Rank](https://easycompare.io/research/aapl)
- [Microsoft (MSFT) Performance, Alternatives and Market Rank](https://easycompare.io/research/msft)
- [Amazon.com (AMZN) Performance, Alternatives and Market Rank](https://easycompare.io/research/amzn)
- [Vanguard Morningstar Total Stock Market ETF (VTI) Performance, Alternatives and Market Rank](https://easycompare.io/research/vti)
- [Taiwan Semiconductor Manufacturing (TSM) Performance, Alternatives and Market Rank](https://easycompare.io/research/tsm)
- [Space Exploration Technologies (SPCX) Performance, Alternatives and Market Rank](https://easycompare.io/research/spcx)

## Explore further

- Full page with charts: https://easycompare.io/research/uber
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against UBER live: https://betterthanspy.com/?b=UBER&utm_source=easycompare&utm_medium=research