ELTK vs. E
ELTK (Eltek Ltd) and E (Eni S.p.A.) are both stocks. ELTK operates in Electronic Components (Technology), while E operates in Oil & Gas Integrated (Energy). Over the past 10 years, ELTK returned 8.85%/yr vs 12.29%/yr for E. At a 0.06 correlation, their price movements are largely independent.
Performance
ELTK vs. E - Performance Comparison
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Returns By Period
In the year-to-date period, ELTK achieves a 17.23% return, which is significantly lower than E's 45.75% return. Over the past 10 years, ELTK has underperformed E with an annualized return of 8.85%, while E has yielded a comparatively higher 12.29% annualized return.
ELTK
- 1D
- 7.07%
- 1M
- 14.84%
- YTD
- 17.23%
- 6M
- 19.90%
- 1Y
- -2.50%
- 3Y*
- 3.64%
- 5Y*
- 12.39%
- 10Y*
- 8.85%
E
- 1D
- 0.84%
- 1M
- -2.67%
- YTD
- 45.75%
- 6M
- 47.11%
- 1Y
- 88.06%
- 3Y*
- 32.32%
- 5Y*
- 24.29%
- 10Y*
- 12.29%
ELTK vs. E - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELTK Eltek Ltd | 17.23% | -19.97% | -20.72% | 244.16% | 15.09% | -26.04% | 39.72% | 69.82% | -48.04% | 3.29% |
E Eni S.p.A. | 45.75% | 48.40% | -13.95% | 26.73% | 10.92% | 43.12% | -28.73% | 4.29% | -0.98% | 7.27% |
Correlation
The correlation between ELTK and E is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 1997 | 0.06 |
Fundamentals
ELTK:
$68.13M
E:
$81.31B
ELTK:
-$0.45
E:
$1.65
ELTK:
1.38
E:
1.04
ELTK:
1.54
E:
1.65
ELTK:
$49.47M
E:
$79.65B
ELTK:
$3.92M
E:
$2.60B
ELTK:
$582.00K
E:
$15.30B
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Return for Risk
ELTK vs. E — Risk / Return Rank
ELTK
E
ELTK vs. E - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eltek Ltd (ELTK) and Eni S.p.A. (E). 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.
| ELTK | E | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.06 | 3.90 | -3.97 |
Sortino ratioReturn per unit of downside risk | 0.20 | 4.44 | -4.24 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.61 | -0.59 |
Calmar ratioReturn relative to maximum drawdown | -0.00 | 10.03 | -10.03 |
Martin ratioReturn relative to average drawdown | -0.01 | 34.64 | -34.64 |
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
| ELTK | E | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 3.90 | -3.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.98 | -0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.44 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.32 | -0.35 |
Drawdowns
ELTK vs. E - Drawdown Comparison
The maximum ELTK drawdown since its inception was -96.70%, which is greater than E's maximum drawdown of -70.53%. Use the drawdown chart below to compare losses from any high point for ELTK and E.
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Drawdown Indicators
| ELTK | E | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.70% | -70.53% | -26.17% |
Max Drawdown (1Y)Largest decline over 1 year | -32.90% | -9.30% | -23.60% |
Max Drawdown (3Y)Largest decline over 3 years | -65.71% | -20.13% | -45.58% |
Max Drawdown (5Y)Largest decline over 5 years | -65.71% | -33.71% | -32.00% |
Max Drawdown (10Y)Largest decline over 10 years | -79.30% | -61.59% | -17.71% |
Current DrawdownCurrent decline from peak | -72.17% | -5.12% | -67.05% |
Average DrawdownAverage peak-to-trough decline | -77.34% | -23.09% | -54.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.28% | 2.69% | +15.59% |
Volatility
ELTK vs. E - Volatility Comparison
Eltek Ltd (ELTK) has a higher volatility of 17.23% compared to Eni S.p.A. (E) at 8.74%. This indicates that ELTK's price experiences larger fluctuations and is considered to be riskier than E based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELTK | E | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.23% | 8.74% | +8.49% |
Volatility (6M)Calculated over the trailing 6-month period | 29.38% | 19.59% | +9.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.50% | 22.82% | +17.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.31% | 25.03% | +32.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 126.49% | 28.35% | +98.14% |
Dividends
ELTK vs. E - Dividend Comparison
ELTK has not paid dividends to shareholders, while E's dividend yield for the trailing twelve months is around 4.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
E Eni S.p.A. | 4.46% | 5.88% | 7.69% | 5.74% | 6.38% | 5.79% | 5.91% | 6.11% | 5.15% | 3.96% | 3.98% | 5.14% |
ELTK Eltek Ltd | 0.00% | 2.20% | 0.00% | 1.58% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ELTK vs. E - Financials Comparison
This section allows you to compare key financial metrics between Eltek Ltd and Eni S.p.A.. 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
ELTK vs. E - Profitability Comparison
ELTK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eltek Ltd reported a gross profit of -1.85M and revenue of 10.44M. Therefore, the gross margin over that period was -17.8%.
E - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eni S.p.A. reported a gross profit of 1.20B and revenue of 20.07B. Therefore, the gross margin over that period was 6.0%.
ELTK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eltek Ltd reported an operating income of -3.27M and revenue of 10.44M, resulting in an operating margin of -31.3%.
E - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eni S.p.A. reported an operating income of 1.47B and revenue of 20.07B, resulting in an operating margin of 7.3%.
ELTK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eltek Ltd reported a net income of -2.85M and revenue of 10.44M, resulting in a net margin of -27.3%.
E - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eni S.p.A. reported a net income of 1.09B and revenue of 20.07B, resulting in a net margin of 5.4%.
Frequently Asked Questions
ELTK and E have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELTK has higher volatility (17.23%) compared to E (8.74%). In terms of maximum drawdown, ELTK dropped -96.70% vs E's -70.53%.
E currently has the higher Sharpe Ratio (3.90 vs -0.06), 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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