ELP vs. MAIN

Last updated Jun 3, 2026

ELP (Companhia Paranaense de Energia - COPEL) and MAIN (Main Street Capital Corporation) are both stocks. ELP operates in Utilities - Diversified (Utilities), while MAIN operates in Asset Management (Financial Services). At a 0.20 correlation, their price movements are largely independent.

Performance

ELP vs. MAIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Companhia Paranaense de Energia - COPEL (ELP) and Main Street Capital Corporation (MAIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ELP

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

MAIN

• 1D: -0.08%
• 1M: -7.81%
• YTD: -12.19%
• 6M: -7.82%
• 1Y: -1.26%
• 3Y*: 17.66%
• 5Y*: 12.71%
• 10Y*: 12.92%

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

ELP vs. MAIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ELP Companhia Paranaense de Energia - COPEL	0.00%	72.16%	-26.84%	22.60%	39.20%	-11.33%	-11.91%	126.44%	15.91%	-1.77%
MAIN Main Street Capital Corporation	-12.19%	10.74%	47.30%	28.22%	-11.37%	48.31%	-19.54%	36.88%	-8.27%	16.62%

Correlation

The correlation between ELP and MAIN is 0.02, 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	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Oct 10, 2007	0.20

The correlation between ELP and MAIN shifts across timeframes, from 0.02 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ELP : $7.28B MAIN : $4.68B
EPS ELP : $2.89 MAIN : $5.22
PE Ratio ELP : 3.21 MAIN : 9.89
PEG Ratio ELP : 50.98 MAIN : 1.13
PS Ratio ELP : 0.28 MAIN : 6.57
PB Ratio ELP : 0.28 MAIN : 1.51
Total Revenue (TTM) ELP : $24.95B MAIN : $704.17M
Gross Profit (TTM) ELP : $5.51B MAIN : $499.08M
EBITDA (TTM) ELP : $5.54B MAIN : $396.90M

Return for Risk

ELP vs. MAIN — Risk / Return Rank

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

MAIN

MAIN Risk / Return Rank: 35
MAIN Sharpe Ratio Rank: 38
MAIN Sortino Ratio Rank: 31
MAIN Omega Ratio Rank: 32
MAIN Calmar Ratio Rank: 36
MAIN Martin Ratio Rank: 36

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.

ELP vs. MAIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Companhia Paranaense de Energia - COPEL (ELP) and Main Street Capital Corporation (MAIN). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ELP	MAIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.56	—

Drawdowns

Drawdown Indicators

	ELP	MAIN	Difference
Max Drawdown Largest peak-to-trough decline	—	-64.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-22.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.06%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.53%	—
Current Drawdown Current decline from peak	—	-19.40%	—
Average Drawdown Average peak-to-trough decline	—	-7.29%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.64%	—

Volatility

Volatility by Period

	ELP	MAIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	24.79%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.54%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	27.29%	—

Dividends

ELP vs. MAIN - Dividend Comparison

ELP's dividend yield for the trailing twelve months is around 6.18%, less than MAIN's 8.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELP Companhia Paranaense de Energia - COPEL	6.18%	9.41%	5.07%	3.93%	8.63%	12.84%	4.23%	4.11%	11.43%	10.18%	3.64%	4.94%
MAIN Main Street Capital Corporation	8.30%	7.00%	7.02%	8.55%	7.97%	5.74%	6.99%	6.76%	8.43%	7.49%	7.42%	9.15%

Financials

ELP vs. MAIN - Profitability Comparison

The chart below illustrates the profitability comparison between Companhia Paranaense de Energia - COPEL and Main Street Capital Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ELP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia - COPEL reported a gross profit of 1.27B and revenue of 6.81B. Therefore, the gross margin over that period was 18.7%.

MAIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported a gross profit of 0.00 and revenue of 140.11M. Therefore, the gross margin over that period was 0.0%.

ELP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia - COPEL reported an operating income of 1.03B and revenue of 6.81B, resulting in an operating margin of 15.2%.

MAIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported an operating income of 0.00 and revenue of 140.11M, resulting in an operating margin of 0.0%.

ELP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia - COPEL reported a net income of 384.22M and revenue of 6.81B, resulting in a net margin of 5.6%.

MAIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported a net income of 90.82M and revenue of 140.11M, resulting in a net margin of 64.8%.

Frequently Asked Questions

Can I hold both ELP and MAIN in my portfolio?

ELP and MAIN have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.