ELV vs SNPS
Comparison between Elevance Health Inc (ELV, Company) and Synopsys Inc (SNPS, Company).
ELV is from the Healthcare sector, while SNPS is from the Technology sector.
5-Year PerformanceSNPS has outperformed ELV, delivering a return of +11.5% compared to +2.3%
ELV vs SNPS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ELV vs SNPS - Historical Returns
Returns include dividend reinvestment.
ELV vs SNPS - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ELV | SNPS |
|---|---|---|
| 2026 | +14.62% | -5.42% |
| 2025 | -2.31% | -2.70% |
| 2024 | -21.92% | -2.73% |
| 2023 | -4.90% | +61.07% |
| 2022 | +11.51% | -11.58% |
| 2021 | +47.28% | +44.68% |
| 2020 | +8.14% | +81.45% |
| 2019 | +19.80% | +65.62% |
| 2018 | +17.59% | -2.08% |
| 2017 | +59.32% | +43.57% |
| 2016 | +5.29% | +31.03% |
| 2015 | +13.06% | +5.82% |
| 2014 | +40.89% | +7.55% |
| 2013 | +54.62% | +25.68% |
| 2012 | -8.20% | +17.95% |
| 2011 | +15.99% | +0.78% |
| 2010 | -4.84% | +19.92% |
| 2009 | +32.93% | +17.70% |
| 2008 | -51.57% | -26.51% |
| 2007 | +12.20% | -2.11% |
| 2006 | -0.84% | +30.65% |
| 2005 | +41.85% | +3.35% |
| 2004 | +50.76% | -41.94% |
| 2003 | +18.39% | +44.33% |
| 2002 | +28.89% | -21.59% |
| 2001 | +21.03% | +33.67% |
| 2000 | N/A | -27.64% |
| 1999 | N/A | +9.77% |
ELV vs SNPS Drawdown Comparison
The maximum drawdown for ELV was -67.19%, occurring on Nov 20, 2008. Recovery took 1400 trading sessions.
The maximum drawdown for SNPS was -60.95%, occurring on Nov 20, 2008. Recovery took 2382 trading sessions.
The current ELV drawdown is -25.85%. The current SNPS drawdown is -29.59%.
| Rank | ELV | SNPS |
|---|---|---|
| #1 | -67.19% Dec 24, 2007 - Jul 18, 2013 | -60.95% Jan 26, 2004 - Jul 12, 2013 |
| #2 | -50.38% Sep 3, 2024 - Aug 1, 2025 | -60.66% Dec 6, 1999 - Jan 26, 2004 |
| #3 | -44.14% Feb 26, 2019 - Oct 23, 2020 | -41.04% Jul 30, 2025 - Mar 27, 2026 |
| #4 | -30.85% Jun 22, 2015 - Mar 1, 2017 | -38.69% Jul 5, 2024 - Jul 29, 2025 |
| #5 | -27.33% Jun 12, 2002 - May 20, 2003 | -34.25% Feb 19, 2020 - May 20, 2020 |
| #6 | -23.59% Oct 31, 2022 - Apr 25, 2024 | -30.55% Dec 27, 2021 - Aug 10, 2022 |
| #7 | -23.04% Apr 12, 2004 - Nov 15, 2004 | -29.26% Aug 15, 2022 - May 18, 2023 |
| #8 | -20.50% Jun 18, 2003 - Feb 2, 2004 | -25.20% Feb 12, 2021 - Aug 5, 2021 |
| #9 | -16.21% Jan 26, 2018 - Aug 2, 2018 | -22.93% Sep 13, 2018 - Feb 20, 2019 |
| #10 | -15.93% Dec 3, 2018 - Jan 30, 2019 | -22.83% Nov 19, 2015 - Jun 7, 2016 |
| #11 | -15.92% Apr 20, 2022 - Oct 26, 2022 | -15.17% Mar 21, 2024 - Jun 17, 2024 |
| #12 | -15.63% Dec 29, 2005 - Feb 6, 2007 | -14.66% Dec 13, 2023 - Feb 8, 2024 |
| #13 | -15.08% Jan 11, 2021 - Mar 8, 2021 | -14.51% Sep 2, 2021 - Nov 4, 2021 |
| #14 | -12.48% May 18, 2007 - Dec 6, 2007 | -14.00% Aug 19, 2015 - Nov 19, 2015 |
| #15 | -12.22% Oct 23, 2020 - Nov 4, 2020 | -13.73% Sep 2, 2020 - Nov 4, 2020 |
Correlation
Correlation between ELV and SNPS is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
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