ELAN vs. PDCO

Last updated Jun 4, 2026

ELAN (Elanco Animal Health Incorporated) and PDCO (Patterson Companies, Inc.) are both stocks. Both are in the Healthcare sector — ELAN in Drug Manufacturers - Specialty & Generic, PDCO in Medical Distribution. At a 0.31 correlation, their price movements are largely independent.

Performance

ELAN vs. PDCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Elanco Animal Health Incorporated (ELAN) and Patterson Companies, Inc. (PDCO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ELAN

• 1D: 3.98%
• 1M: 9.15%
• YTD: 8.57%
• 6M: 10.78%
• 1Y: 82.54%
• 3Y*: 38.64%
• 5Y*: -6.39%
• 10Y*: —

PDCO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ELAN vs. PDCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ELAN Elanco Animal Health Incorporated	8.57%	86.87%	-18.72%	21.93%	-56.94%	-7.47%	4.14%	-6.60%	-12.42%
PDCO Patterson Companies, Inc.	0.00%	1.52%	13.06%	5.14%	-1.06%	2.33%	52.26%	9.74%	-21.89%

Correlation

The correlation between ELAN and PDCO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Sep 21, 2018	0.31

The correlation between ELAN and PDCO shifts across timeframes, from 0.16 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) ELAN : $4.89B PDCO : $6.51B
Gross Profit (TTM) ELAN : $2.42B PDCO : $1.33B
EBITDA (TTM) ELAN : $755.00M PDCO : $323.59M

Return for Risk

ELAN vs. PDCO — Risk / Return Rank

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

ELAN

ELAN Risk / Return Rank: 85
ELAN Sharpe Ratio Rank: 87
ELAN Sortino Ratio Rank: 85
ELAN Omega Ratio Rank: 84
ELAN Calmar Ratio Rank: 83
ELAN Martin Ratio Rank: 88

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.

ELAN vs. PDCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Elanco Animal Health Incorporated (ELAN) and Patterson Companies, Inc. (PDCO). 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.

	ELAN	PDCO	Difference
Sharpe ratio Return per unit of total volatility	1.92	—	—
Sortino ratio Return per unit of downside risk	2.73	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	3.16	—	—
Martin ratio Return relative to average drawdown	10.42	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ELAN	PDCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	—	—

Drawdowns

Drawdown Indicators

	ELAN	PDCO	Difference
Max Drawdown Largest peak-to-trough decline	-78.00%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-26.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-56.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.00%	—	—
Current Drawdown Current decline from peak	-33.09%	—	—
Average Drawdown Average peak-to-trough decline	-39.81%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.95%	—	—

Volatility

Volatility by Period

	ELAN	PDCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.12%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.57%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.20%	—	—

Dividends

ELAN vs. PDCO - Dividend Comparison

Neither ELAN nor PDCO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELAN Elanco Animal Health Incorporated	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PDCO Patterson Companies, Inc.	0.00%	0.00%	3.37%	3.66%	3.71%	3.54%	3.51%	5.08%	5.29%	2.82%	2.29%	1.90%

Financials

Frequently Asked Questions

Can I hold both ELAN and PDCO in my portfolio?

ELAN and PDCO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.