ELV vs. FSLR
Compare and contrast key facts about Elevance Health Inc (ELV) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ELV or FSLR.
Correlation
The correlation between ELV and FSLR 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. FSLR - Performance Comparison
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Key characteristics
ELV:
-0.91
FSLR:
-0.05
ELV:
-1.13
FSLR:
0.45
ELV:
0.85
FSLR:
1.05
ELV:
-0.77
FSLR:
-0.03
ELV:
-1.25
FSLR:
-0.05
ELV:
21.19%
FSLR:
37.63%
ELV:
29.65%
FSLR:
63.78%
ELV:
-67.19%
FSLR:
-96.22%
ELV:
-29.85%
FSLR:
-40.16%
Fundamentals
ELV:
$84.57B
FSLR:
$20.70B
ELV:
$25.71
FSLR:
$11.76
ELV:
14.56
FSLR:
16.41
ELV:
0.67
FSLR:
0.46
ELV:
0.46
FSLR:
4.86
ELV:
1.99
FSLR:
2.53
ELV:
$183.12B
FSLR:
$4.26B
ELV:
$114.62B
FSLR:
$1.85B
ELV:
$10.09B
FSLR:
$1.73B
Returns By Period
In the year-to-date period, ELV achieves a 6.16% return, which is significantly higher than FSLR's 5.64% return. Over the past 10 years, ELV has underperformed FSLR with an annualized return of 10.62%, while FSLR has yielded a comparatively higher 12.76% annualized return.
ELV
6.16%
-10.91%
-3.39%
-26.74%
8.37%
10.62%
FSLR
5.64%
46.81%
-4.59%
-3.00%
36.58%
12.76%
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Risk-Adjusted Performance
ELV vs. FSLR — Risk-Adjusted Performance Rank
ELV
FSLR
ELV vs. FSLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Elevance Health Inc (ELV) and First Solar, Inc. (FSLR). 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.
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Dividends
ELV vs. FSLR - Dividend Comparison
ELV's dividend yield for the trailing twelve months is around 1.69%, while FSLR has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FSLR First Solar, 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% |
Drawdowns
ELV vs. FSLR - Drawdown Comparison
The maximum ELV drawdown since its inception was -67.19%, smaller than the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for ELV and FSLR. For additional features, visit the drawdowns tool.
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Volatility
ELV vs. FSLR - Volatility Comparison
The current volatility for Elevance Health Inc (ELV) is 14.18%, while First Solar, Inc. (FSLR) has a volatility of 28.66%. This indicates that ELV experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ELV vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Elevance Health Inc and First Solar, 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
ELV vs. FSLR - Profitability Comparison
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%.
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported a gross profit of 344.40M and revenue of 844.57M. Therefore, the gross margin over that period was 40.8%.
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%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported an operating income of 221.24M and revenue of 844.57M, resulting in an operating margin of 26.2%.
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%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, First Solar, Inc. reported a net income of 209.54M and revenue of 844.57M, resulting in a net margin of 24.8%.