ADBE vs. ELF
ADBE (Adobe Inc) and ELF (e.l.f. Beauty, Inc.) are both stocks. ADBE operates in Software - Infrastructure (Technology), while ELF operates in Household & Personal Products (Consumer Defensive). Over the past 5 years, ADBE returned -17.73%/yr vs 16.52%/yr for ELF. At a 0.24 correlation, their price movements are largely independent.
Performance
ADBE vs. ELF - Performance Comparison
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Returns By Period
In the year-to-date period, ADBE achieves a -41.71% return, which is significantly lower than ELF's -19.58% return.
ADBE
- 1D
- -6.76%
- 1M
- -13.58%
- YTD
- -41.71%
- 6M
- -42.76%
- 1Y
- -50.68%
- 3Y*
- -24.76%
- 5Y*
- -17.73%
- 10Y*
- 7.72%
ELF
- 1D
- 0.77%
- 1M
- 13.79%
- YTD
- -19.58%
- 6M
- -19.92%
- 1Y
- -52.43%
- 3Y*
- -15.82%
- 5Y*
- 16.52%
- 10Y*
- —
ADBE vs. ELF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADBE Adobe Inc | -41.71% | -21.29% | -25.46% | 77.28% | -40.65% | 13.38% | 51.64% | 45.78% | 29.10% | 70.22% |
ELF e.l.f. Beauty, Inc. | -19.58% | -39.43% | -13.02% | 161.01% | 66.52% | 31.84% | 56.17% | 86.26% | -61.18% | -22.91% |
Correlation
The correlation between ADBE and ELF is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2016 | 0.24 |
The correlation between ADBE and ELF shifts across timeframes, from 0.10 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ADBE:
$82.02B
ELF:
$3.67B
ADBE:
$17.42
ELF:
$0.44
ADBE:
11.71
ELF:
137.90
ADBE:
0.83
ELF:
3.08
ADBE:
3.36
ELF:
2.22
ADBE:
7.12
ELF:
3.24
ADBE:
$25.20B
ELF:
$1.64B
ADBE:
$22.46B
ELF:
$1.16B
ADBE:
$9.68B
ELF:
$185.47M
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Return for Risk
ADBE vs. ELF — Risk / Return Rank
ADBE
ELF
ADBE vs. ELF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADBE) and e.l.f. Beauty, Inc. (ELF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADBE | ELF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 0.87 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | -0.79 | -0.24 |
| Martin ratioReturn relative to average drawdown | -1.99 | -1.32 | -0.67 |
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Drawdowns
ADBE vs. ELF - Drawdown Comparison
The maximum ADBE drawdown since its inception was -79.89%, roughly equal to the maximum ELF drawdown of -77.26%. Use the drawdown chart below to compare losses from any high point for ADBE and ELF.
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Drawdown Indicators
| ADBE | ELF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.89% | -77.26% | -2.63% |
Max Drawdown (1Y)Largest decline over 1 year | -49.21% | -66.20% | +16.99% |
Max Drawdown (3Y)Largest decline over 3 years | -67.86% | -77.26% | +9.40% |
Max Drawdown (5Y)Largest decline over 5 years | -70.36% | -77.26% | +6.90% |
Max Drawdown (10Y)Largest decline over 10 years | -70.36% | — | — |
Current DrawdownCurrent decline from peak | -70.36% | -71.95% | +1.59% |
Average DrawdownAverage peak-to-trough decline | -25.99% | -32.42% | +6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.31% | 39.90% | -12.59% |
Volatility
ADBE vs. ELF - Volatility Comparison
Adobe Inc (ADBE) and e.l.f. Beauty, Inc. (ELF) have volatilities of 16.64% and 16.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADBE | ELF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.64% | 16.53% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 29.17% | 42.43% | -13.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.08% | 66.46% | -31.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.54% | 57.30% | -20.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.48% | 55.26% | -20.78% |
Dividends
ADBE vs. ELF - Dividend Comparison
Neither ADBE nor ELF has paid dividends to shareholders.
Financials
ADBE vs. ELF - Financials Comparison
This section allows you to compare key financial metrics between Adobe Inc and e.l.f. Beauty, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ADBE vs. ELF - Profitability Comparison
ADBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a gross profit of 5.90B and revenue of 6.62B. Therefore, the gross margin over that period was 89.2%.
ELF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, e.l.f. Beauty, Inc. reported a gross profit of 326.45M and revenue of 449.29M. Therefore, the gross margin over that period was 72.7%.
ADBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported an operating income of 2.24B and revenue of 6.62B, resulting in an operating margin of 33.8%.
ELF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, e.l.f. Beauty, Inc. reported an operating income of 7.32M and revenue of 449.29M, resulting in an operating margin of 1.6%.
ADBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a net income of 1.71B and revenue of 6.62B, resulting in a net margin of 25.9%.
ELF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, e.l.f. Beauty, Inc. reported a net income of -49.37M and revenue of 449.29M, resulting in a net margin of -11.0%.
Frequently Asked Questions
ADBE and ELF have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADBE has higher volatility (16.64%) compared to ELF (16.53%). In terms of maximum drawdown, ADBE dropped -79.89% vs ELF's -77.26%.
ELF currently has the higher Sharpe Ratio (-0.79 vs -1.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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