HAS vs. ELAN
HAS (Hasbro, Inc.) and ELAN (Elanco Animal Health Incorporated) are both stocks. HAS operates in Leisure (Consumer Cyclical), while ELAN operates in Drug Manufacturers - Specialty & Generic (Healthcare). Over the past 5 years, HAS returned 1.63%/yr vs -6.28%/yr for ELAN. At a 0.35 correlation, their price movements are largely independent.
Performance
HAS vs. ELAN - Performance Comparison
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Returns By Period
In the year-to-date period, HAS achieves a 4.57% return, which is significantly lower than ELAN's 9.19% return.
HAS
- 1D
- 0.40%
- 1M
- -10.13%
- YTD
- 4.57%
- 6M
- 4.76%
- 1Y
- 33.44%
- 3Y*
- 17.03%
- 5Y*
- 1.63%
- 10Y*
- 3.21%
ELAN
- 1D
- 0.57%
- 1M
- 7.48%
- YTD
- 9.19%
- 6M
- 12.37%
- 1Y
- 83.85%
- 3Y*
- 39.46%
- 5Y*
- -6.28%
- 10Y*
- —
HAS vs. ELAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HAS Hasbro, Inc. | 4.57% | 52.52% | 14.76% | -11.95% | -37.93% | 11.90% | -8.42% | 33.41% | -23.55% |
ELAN Elanco Animal Health Incorporated | 9.19% | 86.87% | -18.72% | 21.93% | -56.94% | -7.47% | 4.14% | -6.60% | -12.42% |
Correlation
The correlation between HAS and ELAN is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2018 | 0.35 |
Fundamentals
HAS:
-$2.09
ELAN:
-$0.48
HAS:
1.86
ELAN:
2.52
HAS:
$4.81B
ELAN:
$4.89B
HAS:
$3.43B
ELAN:
$2.42B
HAS:
$283.20M
ELAN:
$755.00M
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Return for Risk
HAS vs. ELAN — Risk / Return Rank
HAS
ELAN
HAS vs. ELAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hasbro, Inc. (HAS) and Elanco Animal Health Incorporated (ELAN). 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.
| HAS | ELAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.35 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 3.21 | -1.50 |
| Martin ratioReturn relative to average drawdown | 4.53 | 10.57 | -6.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HAS | ELAN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.96 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | -0.14 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | -0.11 | +0.41 |
Drawdowns
HAS vs. ELAN - Drawdown Comparison
The maximum HAS drawdown since its inception was -74.17%, roughly equal to the maximum ELAN drawdown of -78.00%. Use the drawdown chart below to compare losses from any high point for HAS and ELAN.
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Drawdown Indicators
| HAS | ELAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.17% | -78.00% | +3.83% |
Max Drawdown (1Y)Largest decline over 1 year | -19.62% | -26.23% | +6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -40.27% | -56.10% | +15.83% |
Max Drawdown (5Y)Largest decline over 5 years | -55.05% | -78.00% | +22.95% |
Max Drawdown (10Y)Largest decline over 10 years | -63.84% | — | — |
Current DrawdownCurrent decline from peak | -19.06% | -32.71% | +13.65% |
Average DrawdownAverage peak-to-trough decline | -24.43% | -39.81% | +15.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 7.96% | -0.56% |
Volatility
HAS vs. ELAN - Volatility Comparison
The current volatility for Hasbro, Inc. (HAS) is 11.63%, while Elanco Animal Health Incorporated (ELAN) has a volatility of 22.61%. This indicates that HAS experiences smaller price fluctuations and is considered to be less risky than ELAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HAS | ELAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.63% | 22.61% | -10.98% |
Volatility (6M)Calculated over the trailing 6-month period | 23.49% | 32.64% | -9.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.82% | 43.12% | -14.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.88% | 45.56% | -12.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.89% | 44.19% | -10.30% |
Dividends
HAS vs. ELAN - Dividend Comparison
HAS's dividend yield for the trailing twelve months is around 3.31%, while ELAN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELAN Elanco Animal Health Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HAS Hasbro, Inc. | 3.31% | 3.41% | 5.01% | 5.48% | 4.56% | 2.67% | 2.91% | 2.53% | 3.03% | 2.44% | 2.56% | 2.69% |
Financials
HAS vs. ELAN - Financials Comparison
This section allows you to compare key financial metrics between Hasbro, Inc. and Elanco Animal Health Incorporated. 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
HAS vs. ELAN - Profitability Comparison
HAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hasbro, Inc. reported a gross profit of 749.50M and revenue of 1.00B. Therefore, the gross margin over that period was 74.9%.
ELAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Elanco Animal Health Incorporated reported a gross profit of 785.00M and revenue of 1.37B. Therefore, the gross margin over that period was 57.3%.
HAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hasbro, Inc. reported an operating income of 270.30M and revenue of 1.00B, resulting in an operating margin of 27.0%.
ELAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Elanco Animal Health Incorporated reported an operating income of 307.00M and revenue of 1.37B, resulting in an operating margin of 22.4%.
HAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hasbro, Inc. reported a net income of 198.40M and revenue of 1.00B, resulting in a net margin of 19.8%.
ELAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Elanco Animal Health Incorporated reported a net income of 57.00M and revenue of 1.37B, resulting in a net margin of 4.2%.
Frequently Asked Questions
HAS and ELAN have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELAN has higher volatility (22.61%) compared to HAS (11.63%). In terms of maximum drawdown, HAS dropped -74.17% vs ELAN's -78.00%.
ELAN currently has the higher Sharpe Ratio (1.96 vs 1.17), 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.
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