TH.TO vs. ELF.TO

Last updated Jun 4, 2026

TH.TO (Theratechnologies Inc.) and ELF.TO (E-L Financial Corporation Limited) are both stocks. TH.TO operates in Drug Manufacturers - Specialty & Generic (Healthcare), while ELF.TO operates in Insurance - Life (Financial Services). At a 0.02 correlation, their price movements are largely independent.

Performance

TH.TO vs. ELF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Theratechnologies Inc. (TH.TO) and E-L Financial Corporation Limited (ELF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TH.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ELF.TO

• 1D: -0.94%
• 1M: -0.29%
• YTD: 10.77%
• 6M: 9.29%
• 1Y: 8.07%
• 3Y*: 34.50%
• 5Y*: 21.32%
• 10Y*: 14.40%

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

TH.TO vs. ELF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TH.TO Theratechnologies Inc.	0.00%	70.61%	22.43%	-55.42%	-68.59%	19.75%	-25.12%	-48.80%	15.88%	162.04%
ELF.TO E-L Financial Corporation Limited	10.77%	37.18%	35.10%	19.15%	2.24%	30.90%	-3.31%	12.74%	-8.60%	12.14%

Correlation

The correlation between TH.TO and ELF.TO is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (5Y) Calculated over the trailing 5-year period	-0.00
Correlation (10Y) Calculated over the trailing 10-year period	-0.00
Correlation (All Time) Calculated using the full available price history since Dec 22, 1993	0.02

The correlation between TH.TO and ELF.TO shifts across timeframes, from -0.09 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TH.TO : CA$220.65M ELF.TO : CA$6.01B
Total Revenue (TTM) TH.TO : CA$84.38M ELF.TO : CA$2.22B
Gross Profit (TTM) TH.TO : CA$65.58M ELF.TO : CA$1.64B
EBITDA (TTM) TH.TO : CA$2.05M ELF.TO : CA$1.57B

Return for Risk

TH.TO vs. ELF.TO — Risk / Return Rank

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

ELF.TO

ELF.TO Risk / Return Rank: 52
ELF.TO Sharpe Ratio Rank: 55
ELF.TO Sortino Ratio Rank: 48
ELF.TO Omega Ratio Rank: 46
ELF.TO Calmar Ratio Rank: 56
ELF.TO Martin Ratio Rank: 56

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.

TH.TO vs. ELF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Theratechnologies Inc. (TH.TO) and E-L Financial Corporation Limited (ELF.TO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TH.TO	ELF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.18	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.58	—

Drawdowns

Drawdown Indicators

	TH.TO	ELF.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-62.46%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.88%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.84%	—
Current Drawdown Current decline from peak	—	-4.47%	—
Average Drawdown Average peak-to-trough decline	—	-16.40%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.21%	—

Volatility

Volatility by Period

	TH.TO	ELF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.19%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	26.45%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.60%	—

Dividends

TH.TO vs. ELF.TO - Dividend Comparison

TH.TO has not paid dividends to shareholders, while ELF.TO's dividend yield for the trailing twelve months is around 7.16%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELF.TO E-L Financial Corporation Limited	7.16%	10.19%	5.66%	1.43%	3.91%	9.76%	3.92%	0.60%	0.68%	0.61%	0.68%	0.07%
TH.TO Theratechnologies 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%

Financials

Frequently Asked Questions

Can I hold both TH.TO and ELF.TO in my portfolio?

TH.TO and ELF.TO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.