BWB vs ELVA
Comparison between Bridgewater Bancshares Inc (BWB, Company) and Electrovaya Inc (ELVA, Company).
BWB is from the Financial Services sector, while ELVA is from the Industrials sector.
5-Year PerformanceELVA has outperformed BWB, delivering a return of +18.0% compared to +6.0%
BWB vs ELVA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
BWB vs ELVA - Historical Returns
Returns include dividend reinvestment.
BWB vs ELVA - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | BWB | ELVA |
|---|---|---|
| 2026 | +24.87% | +28.66% |
| 2025 | +31.71% | +209.80% |
| 2024 | +2.89% | -20.13% |
| 2023 | -22.30% | -15.59% |
| 2022 | +1.37% | -1.61% |
| 2021 | +42.66% | -38.46% |
| 2020 | -8.09% | +742.86% |
| 2019 | +31.36% | +36.36% |
| 2018 | -16.40% | -77.98% |
| 2017 | N/A | -68.48% |
| 2016 | N/A | +221.25% |
BWB vs ELVA Drawdown Comparison
The maximum drawdown for BWB was -59.49%, occurring on May 12, 2023. Recovery took 898 trading sessions.
The maximum drawdown for ELVA was -96.90%, occurring on Dec 26, 2018. This drawdown has not yet recovered.
The current BWB drawdown is -2.67%. The current ELVA drawdown is -36.73%.
| Rank | BWB | ELVA |
|---|---|---|
| #1 | -59.49% Nov 10, 2022 - Jun 12, 2026 | -96.90% Jul 6, 2016 - Dec 26, 2018 |
| #2 | -40.00% Dec 24, 2019 - Feb 2, 2021 | -39.69% Apr 19, 2016 - Jun 1, 2016 |
| #3 | -26.95% Apr 11, 2018 - Dec 19, 2019 | -29.16% Jun 20, 2016 - Jul 6, 2016 |
| #4 | -24.71% Nov 11, 2021 - Nov 10, 2022 | -15.70% Jan 12, 2016 - Feb 10, 2016 |
| #5 | -12.39% May 21, 2021 - Sep 29, 2021 | -14.59% Jun 3, 2016 - Jun 15, 2016 |
| #6 | -12.27% Mar 5, 2021 - May 6, 2021 | -14.43% Mar 18, 2016 - Apr 11, 2016 |
| #7 | -5.74% Oct 8, 2021 - Nov 1, 2021 | -5.20% Feb 16, 2016 - Mar 1, 2016 |
| #8 | -5.49% Feb 24, 2021 - Mar 1, 2021 | -2.30% Mar 14, 2016 - Mar 17, 2016 |
| #9 | -3.77% May 6, 2021 - May 21, 2021 | -1.23% Apr 12, 2016 - Apr 15, 2016 |
| #10 | -3.07% Feb 9, 2021 - Feb 24, 2021 | -0.93% Mar 4, 2016 - Mar 10, 2016 |
| #11 | -2.85% Jun 12, 2026 - Jun 23, 2026 | -0.90% Feb 10, 2016 - Feb 16, 2016 |
| #12 | -2.77% Jul 1, 2026 - Jul 15, 2026 | -0.49% Apr 15, 2016 - Apr 19, 2016 |
| #13 | -2.67% Jul 16, 2026 - Jul 21, 2026 | -0.46% Mar 10, 2016 - Mar 14, 2016 |
| #14 | -2.29% Sep 29, 2021 - Oct 5, 2021 | N/A |
| #15 | -2.07% Mar 15, 2018 - Mar 29, 2018 | N/A |
Correlation
Correlation between BWB and ELVA is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.
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