SNOW vs. ESTC
Compare and contrast key facts about Snowflake Inc. (SNOW) and Elastic N.V. (ESTC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNOW or ESTC.
Key characteristics
| SNOW | ESTC | |
|---|---|---|
| YTD Return | -37.94% | -20.18% |
| 1Y Return | -23.00% | 18.06% |
| 3Y Return (Ann) | -31.77% | -21.13% |
| Sharpe Ratio | -0.48 | 0.37 |
| Sortino Ratio | -0.40 | 0.99 |
| Omega Ratio | 0.94 | 1.16 |
| Calmar Ratio | -0.29 | 0.36 |
| Martin Ratio | -0.58 | 0.94 |
| Ulcer Index | 36.41% | 23.85% |
| Daily Std Dev | 43.65% | 60.83% |
| Max Drawdown | -72.99% | -74.33% |
| Current Drawdown | -69.27% | -51.84% |
Fundamentals
| SNOW | ESTC | |
|---|---|---|
| Market Cap | $41.40B | $9.24B |
| EPS | -$3.06 | $0.61 |
| PEG Ratio | 2.11 | 4.75 |
| Total Revenue (TTM) | $2.47B | $1.01B |
| Gross Profit (TTM) | $1.65B | $746.11M |
| EBITDA (TTM) | -$903.78M | -$89.00M |
Correlation
The correlation between SNOW and ESTC 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
SNOW vs. ESTC - Performance Comparison
In the year-to-date period, SNOW achieves a -37.94% return, which is significantly lower than ESTC's -20.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SNOW vs. ESTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Snowflake Inc. (SNOW) and Elastic N.V. (ESTC). 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.
Dividends
SNOW vs. ESTC - Dividend Comparison
Neither SNOW nor ESTC has paid dividends to shareholders.
Drawdowns
SNOW vs. ESTC - Drawdown Comparison
The maximum SNOW drawdown since its inception was -72.99%, roughly equal to the maximum ESTC drawdown of -74.33%. Use the drawdown chart below to compare losses from any high point for SNOW and ESTC. For additional features, visit the drawdowns tool.
Volatility
SNOW vs. ESTC - Volatility Comparison
Snowflake Inc. (SNOW) has a higher volatility of 9.20% compared to Elastic N.V. (ESTC) at 7.61%. This indicates that SNOW's price experiences larger fluctuations and is considered to be riskier than ESTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SNOW vs. ESTC - Financials Comparison
This section allows you to compare key financial metrics between Snowflake Inc. and Elastic N.V.. 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