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ELV vs. AVGO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ELV and AVGO is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

ELV vs. AVGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Elevance Health Inc (ELV) and Broadcom Inc. (AVGO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ELV:

-0.91

AVGO:

1.02

Sortino Ratio

ELV:

-1.13

AVGO:

1.95

Omega Ratio

ELV:

0.85

AVGO:

1.26

Calmar Ratio

ELV:

-0.77

AVGO:

1.85

Martin Ratio

ELV:

-1.25

AVGO:

5.11

Ulcer Index

ELV:

21.19%

AVGO:

14.89%

Daily Std Dev

ELV:

29.65%

AVGO:

63.20%

Max Drawdown

ELV:

-67.19%

AVGO:

-48.30%

Current Drawdown

ELV:

-29.85%

AVGO:

-6.41%

Fundamentals

Market Cap

ELV:

$84.57B

AVGO:

$1.09T

EPS

ELV:

$25.71

AVGO:

$2.16

PE Ratio

ELV:

14.56

AVGO:

107.46

PEG Ratio

ELV:

0.67

AVGO:

0.61

PS Ratio

ELV:

0.46

AVGO:

20.02

PB Ratio

ELV:

1.99

AVGO:

15.66

Total Revenue (TTM)

ELV:

$183.12B

AVGO:

$42.04B

Gross Profit (TTM)

ELV:

$114.62B

AVGO:

$27.50B

EBITDA (TTM)

ELV:

$10.09B

AVGO:

$19.89B

Returns By Period

In the year-to-date period, ELV achieves a 6.16% return, which is significantly higher than AVGO's 0.65% return. Over the past 10 years, ELV has underperformed AVGO with an annualized return of 10.62%, while AVGO has yielded a comparatively higher 37.00% annualized return.


ELV

YTD

6.16%

1M

-10.91%

6M

-3.39%

1Y

-26.74%

5Y*

8.37%

10Y*

10.62%

AVGO

YTD

0.65%

1M

30.00%

6M

37.32%

1Y

63.97%

5Y*

59.19%

10Y*

37.00%

*Annualized

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Risk-Adjusted Performance

ELV vs. AVGO — Risk-Adjusted Performance Rank

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

ELV
The Risk-Adjusted Performance Rank of ELV is 99
Overall Rank
The Sharpe Ratio Rank of ELV is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of ELV is 1010
Sortino Ratio Rank
The Omega Ratio Rank of ELV is 1010
Omega Ratio Rank
The Calmar Ratio Rank of ELV is 66
Calmar Ratio Rank
The Martin Ratio Rank of ELV is 1414
Martin Ratio Rank

AVGO
The Risk-Adjusted Performance Rank of AVGO is 8787
Overall Rank
The Sharpe Ratio Rank of AVGO is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of AVGO is 8585
Sortino Ratio Rank
The Omega Ratio Rank of AVGO is 8484
Omega Ratio Rank
The Calmar Ratio Rank of AVGO is 9292
Calmar Ratio Rank
The Martin Ratio Rank of AVGO is 8787
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ELV vs. AVGO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Elevance Health Inc (ELV) and Broadcom Inc. (AVGO). 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.


The current ELV Sharpe Ratio is -0.91, which is lower than the AVGO Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of ELV and AVGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ELV vs. AVGO - Dividend Comparison

ELV's dividend yield for the trailing twelve months is around 1.69%, more than AVGO's 0.96% yield.


TTM20242023202220212020201920182017201620152014
ELV
Elevance Health Inc
1.69%1.77%1.26%1.00%0.98%1.18%1.06%1.14%1.20%1.81%1.79%1.39%
AVGO
Broadcom Inc.
0.96%0.94%1.71%3.02%2.24%3.05%3.54%3.11%1.87%1.43%1.13%1.22%

Drawdowns

ELV vs. AVGO - Drawdown Comparison

The maximum ELV drawdown since its inception was -67.19%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for ELV and AVGO. For additional features, visit the drawdowns tool.


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Volatility

ELV vs. AVGO - Volatility Comparison

Elevance Health Inc (ELV) has a higher volatility of 14.18% compared to Broadcom Inc. (AVGO) at 12.07%. This indicates that ELV's price experiences larger fluctuations and is considered to be riskier than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

ELV vs. AVGO - Financials Comparison

This section allows you to compare key financial metrics between Elevance Health Inc and Broadcom 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


10.00B20.00B30.00B40.00B50.00B20212022202320242025
48.89B
14.92B
(ELV) Total Revenue
(AVGO) Total Revenue
Values in USD except per share items

ELV vs. AVGO - Profitability Comparison

The chart below illustrates the profitability comparison between Elevance Health Inc and Broadcom Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%40.0%60.0%80.0%100.0%20212022202320242025
89.8%
68.0%
(ELV) Gross Margin
(AVGO) Gross Margin
ELV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Elevance Health Inc reported a gross profit of 43.91B and revenue of 48.89B. Therefore, the gross margin over that period was 89.8%.

AVGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Broadcom Inc. reported a gross profit of 10.15B and revenue of 14.92B. Therefore, the gross margin over that period was 68.0%.

ELV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Elevance Health Inc reported an operating income of 3.14B and revenue of 48.89B, resulting in an operating margin of 6.4%.

AVGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Broadcom Inc. reported an operating income of 6.26B and revenue of 14.92B, resulting in an operating margin of 42.0%.

ELV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Elevance Health Inc reported a net income of 2.18B and revenue of 48.89B, resulting in a net margin of 4.5%.

AVGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Broadcom Inc. reported a net income of 5.50B and revenue of 14.92B, resulting in a net margin of 36.9%.