ELV vs SPY
Comparison between Elevance Health Inc (ELV, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed ELV, delivering a return of +13.3% compared to +0.5%
ELV vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
ELV
$81B
Winner
SPY
$652B
Expense Ratio
ELV
N/A
SPY
0.09%
Max Drawdown
ELV
67.19%
Winner
SPY
56.47%
Sharpe Ratio
ELV
-0.08
Winner
SPY
2.07
5Y Beta
Winner
ELV
0.26
SPY
1.00
Industry
ELV
Healthcare Plans
SPY
N/A
P/E Ratio
Winner
ELV
15.81
SPY
28.24
Forward P/E
Winner
ELV
14.64
SPY
21.85
PEG Ratio
ELV
1.42
SPY
N/A
Dividend Yield
ELV
1.84%
SPY
N/A
5Y Dividends CAGR
Winner
ELV
11.67%
SPY
5.43%
5Y EPS CAGR
ELV
3.82%
Winner
SPY
25.79%
Debt to Equity
ELV
70.88%
Winner
SPY
22.35%
Free Cash Flow Yield
ELV
7.92%
SPY
N/A
P/S Ratio
Winner
ELV
0.41
SPY
3.55
P/B Ratio
Winner
ELV
1.84
SPY
5.29
ELV vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ELV
+18.76%
SPY
+9.11%
3M
Winner
ELV
+16.10%
SPY
+6.59%
6M
Winner
ELV
+20.27%
SPY
+10.56%
1Y
ELV
-6.39%
Winner
SPY
+32.04%
5Y(CAGR)
ELV
+0.45%
Winner
SPY
+13.35%
10Y(CAGR)
ELV
+12.12%
Winner
SPY
+15.49%
Max(CAGR)
Winner
ELV
+13.69%
SPY
+8.50%
ELV vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ELV | SPY |
|---|---|---|
| 2026 | +7.33% | +8.27% |
| 2025 | -2.31% | +18.00% |
| 2024 | -21.92% | +25.59% |
| 2023 | -4.90% | +26.72% |
| 2022 | +11.51% | -18.64% |
| 2021 | +47.28% | +30.52% |
| 2020 | +8.14% | +17.28% |
| 2019 | +19.80% | +31.09% |
| 2018 | +17.59% | -5.24% |
| 2017 | +59.32% | +20.78% |
| 2016 | +5.29% | +13.59% |
| 2015 | +13.06% | +1.31% |
| 2014 | +40.89% | +14.56% |
| 2013 | +54.62% | +29.00% |
| 2012 | -8.20% | +14.17% |
| 2011 | +15.99% | +0.85% |
| 2010 | -4.84% | +13.14% |
| 2009 | +32.93% | +22.67% |
| 2008 | -51.57% | -36.25% |
| 2007 | +12.20% | +5.32% |
| 2006 | -0.84% | +13.85% |
| 2005 | +41.85% | +5.32% |
| 2004 | +50.76% | +10.75% |
| 2003 | +18.39% | +24.18% |
| 2002 | +28.89% | -22.42% |
| 2001 | +21.03% | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
ELV vs SPY Drawdown Comparison
The maximum drawdown for ELV was -67.19%, occurring on Nov 20, 2008. Recovery took 1400 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current ELV drawdown is -30.57%.
| Rank | ELV | SPY |
|---|---|---|
| #1 | -67.19% Dec 24, 2007 - Jul 18, 2013 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -50.38% Sep 3, 2024 - Aug 1, 2025 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -44.14% Feb 26, 2019 - Oct 23, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -30.85% Jun 22, 2015 - Mar 1, 2017 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -27.33% Jun 12, 2002 - May 20, 2003 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -23.59% Oct 31, 2022 - Apr 25, 2024 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -23.04% Apr 12, 2004 - Nov 15, 2004 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -20.50% Jun 18, 2003 - Feb 2, 2004 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -16.21% Jan 26, 2018 - Aug 2, 2018 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -15.93% Dec 3, 2018 - Jan 30, 2019 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -15.92% Apr 20, 2022 - Oct 26, 2022 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -15.63% Dec 29, 2005 - Feb 6, 2007 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -15.08% Jan 11, 2021 - Mar 8, 2021 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -12.48% May 18, 2007 - Dec 6, 2007 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -12.22% Oct 23, 2020 - Nov 4, 2020 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ELV and SPY is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.
0.90
-101
Dividend Comparison (1999 - 2026)
ELV vs SPY dividend yield comparison.
| Year | ELV | SPY |
|---|---|---|
| 2026 | 0.46% | 0.24% |
| 2025 | 1.95% | 1.07% |
| 2024 | 1.77% | 1.21% |
| 2023 | 1.26% | 1.40% |
| 2022 | 1.00% | 1.65% |
| 2021 | 0.98% | 1.20% |
| 2020 | 1.18% | 1.52% |
| 2019 | 1.06% | 1.75% |
| 2018 | 1.14% | 2.04% |
| 2017 | 1.20% | 1.80% |
| 2016 | 1.81% | 2.03% |
| 2015 | 1.79% | 2.06% |
| 2014 | 1.39% | 1.87% |
| 2013 | 1.62% | 1.81% |
| 2012 | 1.89% | 2.18% |
| 2011 | 1.51% | 2.05% |
| 2010 | 0.00% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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