ANE.MC vs. ELPC

Last updated Jul 21, 2026

ANE.MC (Corporacion Acciona Energias Renovables SA) and ELPC (Companhia Paranaense de Energia) are both stocks. Both are in the Utilities sector — ANE.MC in Utilities - Renewable, ELPC in Utilities - Diversified. Over the past year, ANE.MC returned -11.56% vs 64.20% for ELPC. At a 0.05 correlation, their price movements are largely independent.

Performance

ANE.MC vs. ELPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Corporacion Acciona Energias Renovables SA (ANE.MC) and Companhia Paranaense de Energia (ELPC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ANE.MC is traded in EUR, while ELPC is traded in USD. To make them comparable, the ELPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ANE.MC achieves a -4.61% return, which is significantly lower than ELPC's 37.59% return.

ANE.MC

• 1D: 0.00%
• 1M: -9.11%
• 6M: -1.44%
• YTD: -4.61%
• 1Y: -11.56%
• 3Y*: -8.18%
• 5Y*: -4.73%
• 10Y*: —
• ALL TIME*: -4.43%

ELPC

• 1D: 1.42%
• 1M: 3.87%
• 6M: 32.43%
• YTD: 37.59%
• 1Y: 64.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANE.MC vs. ELPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ANE.MC Corporacion Acciona Energias Renovables SA	-4.61%	28.73%	-35.07%	-0.57%
ELPC Companhia Paranaense de Energia	37.59%	67.10%	-26.01%	3.55%

Correlation

The correlation between ANE.MC and ELPC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Dec 29, 2023	0.05

The correlation between ANE.MC and ELPC shifts across timeframes, from 0.05 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ANE.MC vs. ELPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANE.MC

ANE.MC Risk / Return Rank: 28
ANE.MC Sharpe Ratio Rank: 30
ANE.MC Sortino Ratio Rank: 27
ANE.MC Omega Ratio Rank: 28
ANE.MC Calmar Ratio Rank: 28
ANE.MC Martin Ratio Rank: 27

ELPC

ELPC Risk / Return Rank: 86
ELPC Sharpe Ratio Rank: 87
ELPC Sortino Ratio Rank: 82
ELPC Omega Ratio Rank: 81
ELPC Calmar Ratio Rank: 90
ELPC Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANE.MC vs. ELPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corporacion Acciona Energias Renovables SA (ANE.MC) and Companhia Paranaense de Energia (ELPC). 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.

	ANE.MC	ELPC	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	1.75	-2.10
Sortino ratio: Return per unit of downside risk	-0.30	2.30	-2.60
Omega ratio: Gain probability vs. loss probability	0.97	1.29	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.49	4.11	-4.60
Martin ratio: Return relative to average drawdown	-0.87	10.51	-11.39

ANE.MC vs. ELPC - Sharpe Ratio Comparison

The current ANE.MC Sharpe Ratio is -0.35, which is lower than the ELPC Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of ANE.MC and ELPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ANE.MC vs. ELPC - Drawdown Comparison

The maximum ANE.MC drawdown since its inception was -64.62%, which is greater than ELPC's maximum drawdown of -27.36%. Use the drawdown chart below to compare losses from any high point for ANE.MC and ELPC.

Drawdown Indicators

	ANE.MC	ELPC	Difference
Max Drawdown Largest peak-to-trough decline	-64.62%	-27.36%	-37.26%
Max Drawdown (1Y) Largest decline over 1 year	-23.20%	-15.71%	-7.49%
Max Drawdown (3Y) Largest decline over 3 years	-49.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-64.62%	—	—
Current Drawdown Current decline from peak	-47.61%	-9.65%	-37.96%
Average Drawdown Average peak-to-trough decline	-32.71%	-10.26%	-22.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.17%	6.13%	+5.04%

Volatility

ANE.MC vs. ELPC - Volatility Comparison

The current volatility for Corporacion Acciona Energias Renovables SA (ANE.MC) is 6.19%, while Companhia Paranaense de Energia (ELPC) has a volatility of 7.45%. This indicates that ANE.MC experiences smaller price fluctuations and is considered to be less risky than ELPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANE.MC	ELPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.19%	7.45%	-1.26%
Volatility (6M) Calculated over the trailing 6-month period	26.17%	25.22%	+0.95%
Volatility (1Y) Calculated over the trailing 1-year period	33.19%	36.93%	-3.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.51%	36.58%	-5.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.42%	36.58%	-5.16%

Dividends

ANE.MC vs. ELPC - Dividend Comparison

ANE.MC's dividend yield for the trailing twelve months is around 0.14%, less than ELPC's 6.83% yield.

Position	TTM	2025	2024	2023	2022
ANE.MC Corporacion Acciona Energias Renovables SA	0.14%	1.97%	2.74%	2.49%	0.78%
ELPC Companhia Paranaense de Energia	6.83%	2.86%	5.24%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ANE.MC and ELPC in my portfolio?

ANE.MC and ELPC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.