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ELVA vs SPY

Comparison between Electrovaya Inc (ELVA, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed ELVA, delivering a return of +13.3% compared to +12.1%

ELVA vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
ELVA
$598M
Winner
SPY
$735B
Expense Ratio
ELVA
N/A
SPY
0.09%
Max Drawdown
ELVA
96.90%
Winner
SPY
56.47%
Sharpe Ratio
Winner
ELVA
1.75
SPY
1.62
5Y Beta
ELVA
1.04
Winner
SPY
1.00
Industry
ELVA
Electrical Equipment & Parts
SPY
N/A
P/E Ratio
ELVA
104.46
Winner
SPY
28.99
Forward P/E
ELVA
31.45
Winner
SPY
22.37
PEG Ratio
ELVA
1.44
SPY
N/A
5Y Dividends CAGR
ELVA
N/A
SPY
5.43%
5Y EPS CAGR
Winner
ELVA
33.69%
SPY
26.05%
Debt to Equity
ELVA
55.20%
Winner
SPY
32.40%
Free Cash Flow Yield
ELVA
-5.69%
SPY
N/A
P/S Ratio
ELVA
8.12
Winner
SPY
3.74
P/B Ratio
ELVA
9.24
Winner
SPY
5.61

ELVA vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
ELVA
+1.08%
Winner
SPY
+1.90%
3M
Winner
ELVA
+32.90%
SPY
+8.55%
6M
Winner
ELVA
+92.91%
SPY
+8.18%
1Y
Winner
ELVA
+222.12%
SPY
+25.79%
5Y(CAGR)
ELVA
+12.06%
Winner
SPY
+13.32%
10Y(CAGR)
ELVA
+4.34%
Winner
SPY
+15.19%
Max(CAGR)
Winner
ELVA
+14.82%
SPY
+8.47%

ELVA vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearELVASPY
2026+30.56%+8.26%
2025+209.80%+18.00%
2024-20.13%+25.59%
2023-15.59%+26.72%
2022-1.61%-18.64%
2021-38.46%+30.52%
2020+742.86%+17.28%
2019+36.36%+31.09%
2018-77.98%-5.24%
2017-68.48%+20.78%
2016+221.25%+13.59%
2015N/A+1.31%
2014N/A+14.56%
2013N/A+29.00%
2012N/A+14.17%
2011N/A+0.85%
2010N/A+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

ELVA vs SPY Drawdown Comparison

The maximum drawdown for ELVA was -96.90%, occurring on Dec 26, 2018. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current ELVA drawdown is -35.80%. The current SPY drawdown is -2.90%.

RankELVASPY
#1-96.90%
Jul 6, 2016 - Dec 26, 2018		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-39.69%
Apr 19, 2016 - Jun 1, 2016		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-29.16%
Jun 20, 2016 - Jul 6, 2016		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-15.70%
Jan 12, 2016 - Feb 10, 2016		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-14.59%
Jun 3, 2016 - Jun 15, 2016		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-14.43%
Mar 18, 2016 - Apr 11, 2016		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-5.20%
Feb 16, 2016 - Mar 1, 2016		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-2.30%
Mar 14, 2016 - Mar 17, 2016		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-1.23%
Apr 12, 2016 - Apr 15, 2016		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-0.93%
Mar 4, 2016 - Mar 10, 2016		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-0.90%
Feb 10, 2016 - Feb 16, 2016		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-0.49%
Apr 15, 2016 - Apr 19, 2016		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-0.46%
Mar 10, 2016 - Mar 14, 2016		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14N/A-7.35%
Sep 14, 2012 - Jan 2, 2013
#15N/A-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ELVA and SPY is 0.17 which considered as a very weak or no correlation - the stocks move independently of each other.

0.17
-101

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