ELV vs. CPRX

Last updated Jun 9, 2026

ELV (Elevance Health Inc) and CPRX (Catalyst Pharmaceuticals, Inc.) are both stocks. Both are in the Healthcare sector — ELV in Healthcare Plans, CPRX in Biotechnology. Over the past 10 years, ELV returned 13.78%/yr vs 48.01%/yr for CPRX. At a 0.14 correlation, their price movements are largely independent.

Performance

ELV vs. CPRX - Performance Comparison

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

Returns By Period

In the year-to-date period, ELV achieves a 20.02% return, which is significantly lower than CPRX's 34.02% return. Over the past 10 years, ELV has underperformed CPRX with an annualized return of 13.78%, while CPRX has yielded a comparatively higher 48.01% annualized return.

ELV

• 1D: 0.63%
• 1M: 10.60%
• YTD: 20.02%
• 6M: 27.26%
• 1Y: 8.57%
• 3Y*: -2.38%
• 5Y*: 3.00%
• 10Y*: 13.78%

CPRX

• 1D: 0.03%
• 1M: 0.42%
• YTD: 34.02%
• 6M: 35.06%
• 1Y: 20.91%
• 3Y*: 39.11%
• 5Y*: 40.76%
• 10Y*: 48.01%

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

ELV vs. CPRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ELV Elevance Health Inc	20.02%	-3.14%	-20.72%	-6.89%	11.83%	46.12%	7.74%	16.33%	18.11%	58.72%
CPRX Catalyst Pharmaceuticals, Inc.	34.02%	11.84%	24.15%	-9.62%	174.74%	102.69%	-10.93%	95.31%	-50.90%	272.38%

Correlation

The correlation between ELV and CPRX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Nov 9, 2006	0.14

Fundamentals

Market Cap ELV : $92.16B CPRX : $3.97B
EPS ELV : $23.46 CPRX : $1.74
PE Ratio ELV : 17.82 CPRX : 17.98
PS Ratio ELV : 0.47 CPRX : 6.67
PB Ratio ELV : 2.10 CPRX : 3.92
Total Revenue (TTM) ELV : $200.42B CPRX : $596.96M
Gross Profit (TTM) ELV : $46.43B CPRX : $378.23M
EBITDA (TTM) ELV : $8.92B CPRX : $313.50M

Return for Risk

ELV vs. CPRX — Risk / Return Rank

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

ELV

ELV Risk / Return Rank: 47
ELV Sharpe Ratio Rank: 50
ELV Sortino Ratio Rank: 44
ELV Omega Ratio Rank: 46
ELV Calmar Ratio Rank: 49
ELV Martin Ratio Rank: 48

CPRX

CPRX Risk / Return Rank: 59
CPRX Sharpe Ratio Rank: 63
CPRX Sortino Ratio Rank: 57
CPRX Omega Ratio Rank: 57
CPRX Calmar Ratio Rank: 59
CPRX Martin Ratio Rank: 57

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.

ELV vs. CPRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Elevance Health Inc (ELV) and Catalyst Pharmaceuticals, Inc. (CPRX). 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.

	ELV	CPRX	Difference
Sharpe ratio: Return per unit of total volatility	0.22	0.63	-0.40
Sortino ratio: Return per unit of downside risk	0.52	1.08	-0.56
Omega ratio: Gain probability vs. loss probability	1.08	1.14	-0.06
Calmar ratio: Return relative to maximum drawdown	0.28	0.77	-0.49
Martin ratio: Return relative to average drawdown	0.51	1.40	-0.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ELV vs. CPRX - Sharpe Ratio Comparison

The current ELV Sharpe Ratio is 0.22, which is lower than the CPRX Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of ELV and CPRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ELV	CPRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	0.63	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.86	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.80	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.09	+0.37

Drawdowns

ELV vs. CPRX - Drawdown Comparison

The maximum ELV drawdown since its inception was -67.19%, smaller than the maximum CPRX drawdown of -94.25%. Use the drawdown chart below to compare losses from any high point for ELV and CPRX.

Drawdown Indicators

	ELV	CPRX	Difference
Max Drawdown Largest peak-to-trough decline	-67.19%	-94.25%	+27.06%
Max Drawdown (1Y) Largest decline over 1 year	-30.60%	-27.29%	-3.31%
Max Drawdown (3Y) Largest decline over 3 years	-50.38%	-27.29%	-23.09%
Max Drawdown (5Y) Largest decline over 5 years	-50.38%	-45.37%	-5.01%
Max Drawdown (10Y) Largest decline over 10 years	-50.38%	-64.87%	+14.49%
Current Drawdown Current decline from peak	-23.19%	-0.16%	-23.03%
Average Drawdown Average peak-to-trough decline	-15.29%	-52.02%	+36.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.76%	14.95%	+1.81%

Volatility

ELV vs. CPRX - Volatility Comparison

Elevance Health Inc (ELV) has a higher volatility of 8.30% compared to Catalyst Pharmaceuticals, Inc. (CPRX) at 0.44%. This indicates that ELV's price experiences larger fluctuations and is considered to be riskier than CPRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELV	CPRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.30%	0.44%	+7.86%
Volatility (6M) Calculated over the trailing 6-month period	27.26%	23.50%	+3.76%
Volatility (1Y) Calculated over the trailing 1-year period	38.59%	33.58%	+5.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.93%	47.80%	-18.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.84%	60.47%	-29.63%

Dividends

ELV vs. CPRX - Dividend Comparison

ELV's dividend yield for the trailing twelve months is around 1.64%, while CPRX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPRX Catalyst Pharmaceuticals, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ELV Elevance Health Inc	1.64%	1.95%	1.77%	1.26%	1.00%	0.98%	1.18%	1.06%	1.14%	1.20%	1.81%	1.79%

Financials

ELV vs. CPRX - Profitability Comparison

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

ELV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Elevance Health Inc reported a gross profit of 9.10B and revenue of 50.18B. Therefore, the gross margin over that period was 18.1%.

CPRX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Catalyst Pharmaceuticals, Inc. reported a gross profit of 0.00 and revenue of 149.39M. Therefore, the gross margin over that period was 0.0%.

ELV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Elevance Health Inc reported an operating income of 2.66B and revenue of 50.18B, resulting in an operating margin of 5.3%.

CPRX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Catalyst Pharmaceuticals, Inc. reported an operating income of 73.23M and revenue of 149.39M, resulting in an operating margin of 49.0%.

ELV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Elevance Health Inc reported a net income of 1.76B and revenue of 50.18B, resulting in a net margin of 3.5%.

CPRX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Catalyst Pharmaceuticals, Inc. reported a net income of 63.73M and revenue of 149.39M, resulting in a net margin of 42.7%.

Frequently Asked Questions

Can I hold both ELV and CPRX in my portfolio?

ELV and CPRX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ELV or CPRX?

ELV has higher volatility (8.30%) compared to CPRX (0.44%). In terms of maximum drawdown, ELV dropped -67.19% vs CPRX's -94.25%.

Which has better risk-adjusted returns?

CPRX currently has the higher Sharpe Ratio (0.63 vs 0.22), 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.