ELPC vs. ELP

Last updated Jun 4, 2026

ELPC (Companhia Paranaense de Energia) and ELP (Companhia Paranaense de Energia - COPEL) are both stocks. Both operate in the Utilities - Diversified industry within the Utilities sector. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

ELPC vs. ELP - Performance Comparison

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

Returns By Period

ELPC

• 1D: -2.41%
• 1M: -10.48%
• YTD: 29.72%
• 6M: 20.12%
• 1Y: 50.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ELP

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

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

ELPC vs. ELP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ELPC Companhia Paranaense de Energia	29.72%	89.60%	-30.59%
ELP Companhia Paranaense de Energia - COPEL	0.00%	72.16%	-26.84%

Correlation

The correlation between ELPC and ELP is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jan 2, 2024	0.65

Over the past year, the correlation between ELPC and ELP has dropped to 0.42 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ELPC : $2.11B ELP : $7.28B
EPS ELPC : $14.65 ELP : $2.89
PE Ratio ELPC : 0.78 ELP : 3.21
PEG Ratio ELPC : 0.01 ELP : 50.98
PS Ratio ELPC : 0.08 ELP : 0.28
PB Ratio ELPC : 0.09 ELP : 0.28
Total Revenue (TTM) ELPC : $27.27B ELP : $24.95B
Gross Profit (TTM) ELPC : $6.94B ELP : $5.51B
EBITDA (TTM) ELPC : $6.34B ELP : $5.54B

Return for Risk

ELPC vs. ELP — Risk / Return Rank

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

ELPC

ELPC Risk / Return Rank: 77
ELPC Sharpe Ratio Rank: 78
ELPC Sortino Ratio Rank: 72
ELPC Omega Ratio Rank: 70
ELPC Calmar Ratio Rank: 83
ELPC Martin Ratio Rank: 83

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.

ELPC vs. ELP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Companhia Paranaense de Energia (ELPC) and Companhia Paranaense de Energia - COPEL (ELP). 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.

	ELPC	ELP	Difference
Sharpe ratio: Return per unit of total volatility	1.27	—	—
Sortino ratio: Return per unit of downside risk	1.82	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	3.14	—	—
Martin ratio: Return relative to average drawdown	7.96	—	—
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

	ELPC	ELP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	—	—

Drawdowns

Drawdown Indicators

	ELPC	ELP	Difference
Max Drawdown Largest peak-to-trough decline	-31.85%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.23%	—	—
Current Drawdown Current decline from peak	-15.15%	—	—
Average Drawdown Average peak-to-trough decline	-11.13%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.40%	—	—

Volatility

Volatility by Period

	ELPC	ELP	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	40.30%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.03%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.03%	—	—

Dividends

ELPC vs. ELP - Dividend Comparison

ELPC's dividend yield for the trailing twelve months is around 7.04%, more than ELP's 6.18% 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%
ELPC Companhia Paranaense de Energia	7.04%	2.86%	5.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

ELPC vs. ELP - Profitability Comparison

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

ELPC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia reported a gross profit of 1.73B and revenue of 6.94B. Therefore, the gross margin over that period was 24.9%.

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%.

ELPC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia reported an operating income of 1.44B and revenue of 6.94B, resulting in an operating margin of 20.7%.

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%.

ELPC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia reported a net income of 679.09M and revenue of 6.94B, resulting in a net margin of 9.8%.

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%.

Frequently Asked Questions

Can I hold both ELPC and ELP in my portfolio?

ELPC and ELP have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.