ZTS vs. ELAN
ZTS (Zoetis Inc.) is a stock, while ELAN (Elanco Animal Health Incorporated) is a stock. Over the past 5 years, ZTS returned -4.71%/yr vs -4.53%/yr for ELAN. At 0.45, their price movements are largely independent.
Performance
ZTS vs. ELAN - Performance Comparison
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Returns By Period
In the year-to-date period, ZTS achieves a -4.42% return, which is significantly lower than ELAN's 4.29% return.
ZTS
- 1D
- 2.53%
- 1M
- -2.13%
- YTD
- -4.42%
- 6M
- -15.90%
- 1Y
- -15.87%
- 3Y*
- -9.82%
- 5Y*
- -4.71%
- 10Y*
- 10.68%
ELAN
- 1D
- 3.51%
- 1M
- -1.42%
- YTD
- 4.29%
- 6M
- 16.03%
- 1Y
- 183.31%
- 3Y*
- 37.29%
- 5Y*
- -4.53%
- 10Y*
- —
ZTS vs. ELAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ZTS Zoetis Inc. | -4.42% | -21.75% | -16.63% | 35.91% | -39.51% | 48.26% | 25.76% | 55.71% | -4.89% |
ELAN Elanco Animal Health Incorporated | 4.29% | 86.87% | -18.72% | 21.93% | -56.94% | -7.47% | 4.14% | -6.60% | -12.42% |
Correlation
The correlation between ZTS and ELAN is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2018 | 0.45 |
The correlation between ZTS and ELAN shifts across timeframes, from 0.43 (3 years) to 0.55 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ZTS:
$52.52B
ELAN:
$11.73B
ZTS:
$6.04
ELAN:
-$0.47
ZTS:
5.60
ELAN:
2.49
ZTS:
15.77
ELAN:
1.79
ZTS:
$9.47B
ELAN:
$4.72B
ZTS:
$6.67B
ELAN:
$2.59B
ZTS:
$4.09B
ELAN:
$874.00M
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Return for Risk
ZTS vs. ELAN — Risk / Return Rank
ZTS
ELAN
ZTS vs. ELAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zoetis Inc. (ZTS) 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.
| ZTS | ELAN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.56 | 3.80 | -4.36 |
Sortino ratioReturn per unit of downside risk | -0.60 | 5.17 | -5.76 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.64 | -0.72 |
Calmar ratioReturn relative to maximum drawdown | -0.61 | 10.19 | -10.80 |
Martin ratioReturn relative to average drawdown | -1.03 | 31.02 | -32.05 |
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
| ZTS | ELAN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.56 | 3.80 | -4.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.18 | -0.10 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | -0.12 | +0.58 |
Drawdowns
ZTS vs. ELAN - Drawdown Comparison
The maximum ZTS drawdown since its inception was -52.06%, smaller than the maximum ELAN drawdown of -78.00%. Use the drawdown chart below to compare losses from any high point for ZTS and ELAN.
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Drawdown Indicators
| ZTS | ELAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.06% | -78.00% | +25.94% |
Max Drawdown (1Y)Largest decline over 1 year | -32.70% | -15.50% | -17.20% |
Max Drawdown (5Y)Largest decline over 5 years | -52.06% | -78.00% | +25.94% |
Max Drawdown (10Y)Largest decline over 10 years | -52.06% | — | — |
Current DrawdownCurrent decline from peak | -49.36% | -35.73% | -13.63% |
Average DrawdownAverage peak-to-trough decline | -14.23% | -39.85% | +25.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.29% | 5.09% | +14.20% |
Volatility
ZTS vs. ELAN - Volatility Comparison
The current volatility for Zoetis Inc. (ZTS) is 8.64%, while Elanco Animal Health Incorporated (ELAN) has a volatility of 14.18%. This indicates that ZTS 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
| ZTS | ELAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.64% | 14.18% | -5.54% |
Volatility (6M)Calculated over the trailing 6-month period | 22.51% | 25.76% | -3.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.63% | 49.37% | -20.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.58% | 44.54% | -17.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.93% | 43.79% | -17.86% |
Dividends
ZTS vs. ELAN - Dividend Comparison
ZTS's dividend yield for the trailing twelve months is around 1.70%, while ELAN has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZTS Zoetis Inc. | 1.70% | 1.59% | 1.06% | 0.76% | 0.89% | 0.41% | 0.48% | 0.50% | 0.59% | 0.58% | 0.71% | 0.69% |
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% |
Financials
ZTS vs. ELAN - Financials Comparison
This section allows you to compare key financial metrics between Zoetis 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
ZTS vs. ELAN - Profitability Comparison
ZTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Zoetis Inc. reported a gross profit of 1.64B and revenue of 2.39B. Therefore, the gross margin over that period was 68.9%.
ELAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Elanco Animal Health Incorporated reported a gross profit of 853.00M and revenue of 1.14B. Therefore, the gross margin over that period was 74.6%.
ZTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Zoetis Inc. reported an operating income of 826.00M and revenue of 2.39B, resulting in an operating margin of 34.6%.
ELAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Elanco Animal Health Incorporated reported an operating income of 562.00M and revenue of 1.14B, resulting in an operating margin of 49.1%.
ZTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Zoetis Inc. reported a net income of 603.00M and revenue of 2.39B, resulting in a net margin of 25.3%.
ELAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Elanco Animal Health Incorporated reported a net income of -276.00M and revenue of 1.14B, resulting in a net margin of -24.1%.