ELMD vs. CWEN
ELMD (Electromed, Inc.) and CWEN (Clearway Energy, Inc.) are both stocks. ELMD operates in Medical Devices (Healthcare), while CWEN operates in Utilities - Renewable (Utilities). Over the past 10 years, ELMD returned 23.08%/yr vs 15.90%/yr for CWEN. At a 0.13 correlation, their price movements are largely independent.
Performance
ELMD vs. CWEN - Performance Comparison
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Returns By Period
In the year-to-date period, ELMD achieves a 22.42% return, which is significantly lower than CWEN's 24.08% return. Over the past 10 years, ELMD has outperformed CWEN with an annualized return of 23.08%, while CWEN has yielded a comparatively lower 15.90% annualized return.
ELMD
- 1D
- -2.54%
- 1M
- 39.48%
- YTD
- 22.42%
- 6M
- 27.55%
- 1Y
- 74.07%
- 3Y*
- 44.52%
- 5Y*
- 26.65%
- 10Y*
- 23.08%
CWEN
- 1D
- -2.30%
- 1M
- 5.71%
- YTD
- 24.08%
- 6M
- 19.76%
- 1Y
- 37.55%
- 3Y*
- 17.12%
- 5Y*
- 14.55%
- 10Y*
- 15.90%
ELMD vs. CWEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELMD Electromed, Inc. | 22.42% | -1.46% | 170.85% | 4.00% | -19.31% | 32.52% | 13.41% | 69.94% | -16.14% | 56.44% |
CWEN Clearway Energy, Inc. | 24.08% | 35.48% | 0.87% | -8.93% | -7.89% | 17.83% | 67.04% | 21.37% | -2.11% | 26.92% |
Correlation
The correlation between ELMD and CWEN is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2013 | 0.13 |
Fundamentals
ELMD:
$308.29M
CWEN:
$1.41B
ELMD:
$1.16
CWEN:
$0.02
ELMD:
30.64
CWEN:
1.97K
ELMD:
0.84
CWEN:
7.50
ELMD:
4.31
CWEN:
2.65
ELMD:
6.27
CWEN:
0.26
ELMD:
$71.75M
CWEN:
$1.49B
ELMD:
$56.28M
CWEN:
$543.00M
ELMD:
$14.10M
CWEN:
$878.00M
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Return for Risk
ELMD vs. CWEN — Risk / Return Rank
ELMD
CWEN
ELMD vs. CWEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Electromed, Inc. (ELMD) and Clearway Energy, Inc. (CWEN). 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.
| ELMD | CWEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.24 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 2.67 | +0.53 |
| Martin ratioReturn relative to average drawdown | 6.48 | 6.08 | +0.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ELMD | CWEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.30 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.48 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.51 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.24 | -0.02 |
Drawdowns
ELMD vs. CWEN - Drawdown Comparison
The maximum ELMD drawdown since its inception was -78.65%, roughly equal to the maximum CWEN drawdown of -79.41%. Use the drawdown chart below to compare losses from any high point for ELMD and CWEN.
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Drawdown Indicators
| ELMD | CWEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.65% | -79.41% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -23.27% | -14.15% | -9.12% |
Max Drawdown (3Y)Largest decline over 3 years | -48.86% | -37.95% | -10.91% |
Max Drawdown (5Y)Largest decline over 5 years | -48.86% | -52.09% | +3.23% |
Max Drawdown (10Y)Largest decline over 10 years | -55.84% | -52.09% | -3.75% |
Current DrawdownCurrent decline from peak | -9.26% | -2.30% | -6.96% |
Average DrawdownAverage peak-to-trough decline | -33.81% | -35.47% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.47% | 6.20% | +5.27% |
Volatility
ELMD vs. CWEN - Volatility Comparison
Electromed, Inc. (ELMD) has a higher volatility of 26.12% compared to Clearway Energy, Inc. (CWEN) at 7.94%. This indicates that ELMD's price experiences larger fluctuations and is considered to be riskier than CWEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELMD | CWEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.12% | 7.94% | +18.18% |
Volatility (6M)Calculated over the trailing 6-month period | 37.30% | 21.80% | +15.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.78% | 28.95% | +23.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.31% | 30.24% | +16.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.01% | 31.31% | +21.70% |
Dividends
ELMD vs. CWEN - Dividend Comparison
ELMD has not paid dividends to shareholders, while CWEN's dividend yield for the trailing twelve months is around 4.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWEN Clearway Energy, Inc. | 4.53% | 5.32% | 6.36% | 5.62% | 4.48% | 3.68% | 3.29% | 4.01% | 7.29% | 5.81% | 5.98% | 6.88% |
ELMD Electromed, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ELMD vs. CWEN - Financials Comparison
This section allows you to compare key financial metrics between Electromed, Inc. and Clearway Energy, 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
ELMD vs. CWEN - Profitability Comparison
ELMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported a gross profit of 14.64M and revenue of 18.58M. Therefore, the gross margin over that period was 78.8%.
CWEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Clearway Energy, Inc. reported a gross profit of 0.00 and revenue of 354.00M. Therefore, the gross margin over that period was 0.0%.
ELMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported an operating income of 3.77M and revenue of 18.58M, resulting in an operating margin of 20.3%.
CWEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Clearway Energy, Inc. reported an operating income of 20.00M and revenue of 354.00M, resulting in an operating margin of 5.7%.
ELMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported a net income of 3.00M and revenue of 18.58M, resulting in a net margin of 16.2%.
CWEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Clearway Energy, Inc. reported a net income of -163.00M and revenue of 354.00M, resulting in a net margin of -46.1%.
Frequently Asked Questions
ELMD and CWEN have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELMD has higher volatility (26.12%) compared to CWEN (7.94%). In terms of maximum drawdown, ELMD dropped -78.65% vs CWEN's -79.41%.
ELMD currently has the higher Sharpe Ratio (1.41 vs 1.30), 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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