ELP vs. WEC

Last updated Jun 3, 2026

ELP (Companhia Paranaense de Energia - COPEL) and WEC (WEC Energy Group, Inc.) are both stocks. Both are in the Utilities sector — ELP in Utilities - Diversified, WEC in Utilities - Regulated Electric. At a 0.21 correlation, their price movements are largely independent.

Performance

ELP vs. WEC - Performance Comparison

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

Returns By Period

ELP

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

WEC

• 1D: 1.50%
• 1M: -5.35%
• YTD: 6.31%
• 6M: 3.72%
• 1Y: 6.26%
• 3Y*: 12.13%
• 5Y*: 6.82%
• 10Y*: 9.49%

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

ELP vs. WEC - 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%
WEC WEC Energy Group, Inc.	6.31%	15.96%	16.11%	-7.00%	-0.45%	8.66%	2.49%	37.05%	7.87%	17.11%

Correlation

The correlation between ELP and WEC is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Jun 4, 1998	0.21

The correlation between ELP and WEC shifts across timeframes, from 0.09 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ELP : $7.28B WEC : $36.19B
EPS ELP : $2.89 WEC : $5.03
PE Ratio ELP : 3.21 WEC : 21.91
PEG Ratio ELP : 50.98 WEC : 4.90
PS Ratio ELP : 0.28 WEC : 3.56
PB Ratio ELP : 0.28 WEC : 2.56
Total Revenue (TTM) ELP : $24.95B WEC : $10.08B
Gross Profit (TTM) ELP : $5.51B WEC : $5.62B
EBITDA (TTM) ELP : $5.54B WEC : $4.04B

Return for Risk

ELP vs. WEC — Risk / Return Rank

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

WEC

WEC Risk / Return Rank: 50
WEC Sharpe Ratio Rank: 55
WEC Sortino Ratio Rank: 46
WEC Omega Ratio Rank: 44
WEC Calmar Ratio Rank: 53
WEC Martin Ratio Rank: 54

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. WEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Companhia Paranaense de Energia - COPEL (ELP) and WEC Energy Group, Inc. (WEC). 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	WEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.42	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.36	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.60	—

Drawdowns

Drawdown Indicators

	ELP	WEC	Difference
Max Drawdown Largest peak-to-trough decline	—	-45.06%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.31%	—
Current Drawdown Current decline from peak	—	-6.40%	—
Average Drawdown Average peak-to-trough decline	—	-8.32%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.51%	—

Volatility

Volatility by Period

	ELP	WEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.05%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	19.01%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.60%	—

Dividends

ELP vs. WEC - Dividend Comparison

ELP's dividend yield for the trailing twelve months is around 6.18%, more than WEC's 3.35% 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%
WEC WEC Energy Group, Inc.	3.35%	3.39%	3.55%	3.71%	3.10%	2.79%	2.75%	2.56%	3.19%	3.13%	3.38%	3.81%

Financials

ELP vs. WEC - Profitability Comparison

The chart below illustrates the profitability comparison between Companhia Paranaense de Energia - COPEL and WEC Energy Group, Inc. 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%.

WEC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, WEC Energy Group, Inc. reported a gross profit of 2.04B and revenue of 3.43B. Therefore, the gross margin over that period was 59.5%.

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%.

WEC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, WEC Energy Group, Inc. reported an operating income of 980.00M and revenue of 3.43B, resulting in an operating margin of 28.5%.

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%.

WEC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, WEC Energy Group, Inc. reported a net income of 804.70M and revenue of 3.43B, resulting in a net margin of 23.4%.

Frequently Asked Questions

Can I hold both ELP and WEC in my portfolio?

ELP and WEC have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.