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ESTC vs. SNOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


ESTCSNOW
YTD Return-5.90%-22.32%
1Y Return59.04%-12.74%
3Y Return (Ann)-3.29%-12.91%
Sharpe Ratio1.02-0.24
Daily Std Dev57.33%48.82%
Max Drawdown-74.33%-71.81%
Current Drawdown-43.22%-61.54%

Fundamentals


ESTCSNOW
Market Cap$11.10B$54.09B
EPS$0.52-$2.56
PEG Ratio0.893.06
Revenue (TTM)$1.21B$2.81B
Gross Profit (TTM)$773.21M$1.35B
EBITDA (TTM)-$100.37M-$993.87M

Correlation

-0.50.00.51.00.7

The correlation between ESTC and SNOW is 0.65, 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

ESTC vs. SNOW - Performance Comparison

In the year-to-date period, ESTC achieves a -5.90% return, which is significantly higher than SNOW's -22.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%December2024FebruaryMarchAprilMay
-0.05%
-39.12%
ESTC
SNOW

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Elastic N.V.

Snowflake Inc.

Risk-Adjusted Performance

ESTC vs. SNOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Elastic N.V. (ESTC) and Snowflake Inc. (SNOW). 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.


ESTC
Sharpe ratio
The chart of Sharpe ratio for ESTC, currently valued at 1.02, compared to the broader market-2.00-1.000.001.002.003.004.001.02
Sortino ratio
The chart of Sortino ratio for ESTC, currently valued at 2.15, compared to the broader market-4.00-2.000.002.004.006.002.15
Omega ratio
The chart of Omega ratio for ESTC, currently valued at 1.27, compared to the broader market0.501.001.502.001.27
Calmar ratio
The chart of Calmar ratio for ESTC, currently valued at 0.85, compared to the broader market0.002.004.006.000.85
Martin ratio
The chart of Martin ratio for ESTC, currently valued at 4.43, compared to the broader market-10.000.0010.0020.0030.004.43
SNOW
Sharpe ratio
The chart of Sharpe ratio for SNOW, currently valued at -0.24, compared to the broader market-2.00-1.000.001.002.003.004.00-0.24
Sortino ratio
The chart of Sortino ratio for SNOW, currently valued at -0.01, compared to the broader market-4.00-2.000.002.004.006.00-0.01
Omega ratio
The chart of Omega ratio for SNOW, currently valued at 1.00, compared to the broader market0.501.001.502.001.00
Calmar ratio
The chart of Calmar ratio for SNOW, currently valued at -0.18, compared to the broader market0.002.004.006.00-0.18
Martin ratio
The chart of Martin ratio for SNOW, currently valued at -0.60, compared to the broader market-10.000.0010.0020.0030.00-0.60

ESTC vs. SNOW - Sharpe Ratio Comparison

The current ESTC Sharpe Ratio is 1.02, which is higher than the SNOW Sharpe Ratio of -0.24. The chart below compares the 12-month rolling Sharpe Ratio of ESTC and SNOW.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00December2024FebruaryMarchAprilMay
1.02
-0.24
ESTC
SNOW

Dividends

ESTC vs. SNOW - Dividend Comparison

Neither ESTC nor SNOW has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ESTC vs. SNOW - Drawdown Comparison

The maximum ESTC drawdown since its inception was -74.33%, roughly equal to the maximum SNOW drawdown of -71.81%. Use the drawdown chart below to compare losses from any high point for ESTC and SNOW. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%December2024FebruaryMarchAprilMay
-43.22%
-61.54%
ESTC
SNOW

Volatility

ESTC vs. SNOW - Volatility Comparison

The current volatility for Elastic N.V. (ESTC) is 8.11%, while Snowflake Inc. (SNOW) has a volatility of 9.48%. This indicates that ESTC experiences smaller price fluctuations and is considered to be less risky than SNOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%December2024FebruaryMarchAprilMay
8.11%
9.48%
ESTC
SNOW

Financials

ESTC vs. SNOW - Financials Comparison

This section allows you to compare key financial metrics between Elastic N.V. and Snowflake 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



Values in USD except per share items