ELV vs. ABBV
Compare and contrast key facts about Elevance Health Inc (ELV) and AbbVie Inc. (ABBV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ELV or ABBV.
Correlation
The correlation between ELV and ABBV is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ELV vs. ABBV - Performance Comparison
Key characteristics
ELV:
-0.60
ABBV:
0.70
ELV:
-0.69
ABBV:
1.04
ELV:
0.91
ABBV:
1.16
ELV:
-0.45
ABBV:
0.93
ELV:
-0.80
ABBV:
2.19
ELV:
19.38%
ABBV:
8.07%
ELV:
25.84%
ABBV:
25.22%
ELV:
-67.19%
ABBV:
-45.09%
ELV:
-22.78%
ABBV:
-5.29%
Fundamentals
ELV:
$97.95B
ABBV:
$364.89B
ELV:
$25.70
ABBV:
$2.39
ELV:
16.84
ABBV:
86.31
ELV:
0.77
ABBV:
0.44
ELV:
$134.23B
ABBV:
$44.02B
ELV:
$70.71B
ABBV:
$33.24B
ELV:
$6.61B
ABBV:
$12.60B
Returns By Period
The year-to-date returns for both stocks are quite close, with ELV having a 16.87% return and ABBV slightly lower at 16.56%. Over the past 10 years, ELV has underperformed ABBV with an annualized return of 12.34%, while ABBV has yielded a comparatively higher 18.53% annualized return.
ELV
16.87%
9.01%
-14.31%
-12.76%
17.66%
12.34%
ABBV
16.56%
-2.97%
6.08%
17.70%
28.24%
18.53%
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Risk-Adjusted Performance
ELV vs. ABBV — Risk-Adjusted Performance Rank
ELV
ABBV
ELV vs. ABBV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Elevance Health Inc (ELV) and AbbVie Inc. (ABBV). 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.
Dividends
ELV vs. ABBV - Dividend Comparison
ELV's dividend yield for the trailing twelve months is around 1.54%, less than ABBV's 3.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELV Elevance Health Inc | 1.54% | 1.77% | 1.26% | 1.00% | 0.98% | 1.18% | 1.06% | 1.14% | 1.20% | 1.81% | 1.79% | 1.39% |
ABBV AbbVie Inc. | 3.07% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% |
Drawdowns
ELV vs. ABBV - Drawdown Comparison
The maximum ELV drawdown since its inception was -67.19%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for ELV and ABBV. For additional features, visit the drawdowns tool.
Volatility
ELV vs. ABBV - Volatility Comparison
Elevance Health Inc (ELV) and AbbVie Inc. (ABBV) have volatilities of 6.28% and 6.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ELV vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Elevance Health Inc and AbbVie 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