ESTC vs TXNM
Comparison between Elastic N.V (ESTC, Company) and PNM Resources Inc (TXNM, Company).
ESTC is from the Technology sector, while TXNM is from the Utilities sector.
5-Year PerformanceTXNM has outperformed ESTC, delivering a return of +6.3% compared to -15.1%
ESTC vs TXNM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ESTC vs TXNM - Historical Returns
Returns include dividend reinvestment.
ESTC vs TXNM - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ESTC | TXNM |
|---|---|---|
| 2026 | -16.83% | -1.98% |
| 2025 | -23.87% | +24.27% |
| 2024 | -7.00% | +30.79% |
| 2023 | +124.68% | -12.36% |
| 2022 | -56.93% | +10.63% |
| 2021 | -12.99% | -3.30% |
| 2020 | +122.12% | +0.29% |
| 2019 | -3.12% | +29.16% |
| 2018 | +2.11% | +5.73% |
| 2017 | N/A | +22.03% |
| 2016 | N/A | +16.88% |
| 2015 | N/A | +5.93% |
| 2014 | N/A | +28.48% |
| 2013 | N/A | +17.64% |
| 2012 | N/A | +19.98% |
| 2011 | N/A | +42.36% |
| 2010 | N/A | +6.80% |
| 2009 | N/A | +26.38% |
| 2008 | N/A | -49.82% |
| 2007 | N/A | -28.96% |
| 2006 | N/A | +28.66% |
| 2005 | N/A | +1.11% |
| 2004 | N/A | +37.21% |
| 2003 | N/A | +24.12% |
| 2002 | N/A | -14.30% |
| 2001 | N/A | +11.11% |
| 2000 | N/A | +78.91% |
| 1999 | N/A | -7.83% |
ESTC vs TXNM Drawdown Comparison
The maximum drawdown for ESTC was -76.82%, occurring on Apr 10, 2026. This drawdown has not yet recovered.
The maximum drawdown for TXNM was -80.02%, occurring on Mar 6, 2009. Recovery took 1724 trading sessions.
The current ESTC drawdown is -67.69%. The current TXNM drawdown is -4.07%.
| Rank | ESTC | TXNM |
|---|---|---|
| #1 | -76.82% Nov 16, 2021 - Apr 10, 2026 | -80.02% Apr 25, 2007 - Feb 28, 2014 |
| #2 | -56.99% Jul 26, 2019 - Aug 20, 2020 | -51.04% May 10, 2001 - Sep 16, 2004 |
| #3 | -39.87% Jan 21, 2021 - Sep 3, 2021 | -46.35% Feb 18, 2020 - Nov 21, 2024 |
| #4 | -26.69% Feb 27, 2019 - Jul 22, 2019 | -25.17% Nov 30, 2017 - Dec 11, 2018 |
| #5 | -23.74% Dec 3, 2018 - Jan 30, 2019 | -22.79% Aug 3, 2005 - Nov 6, 2006 |
| #6 | -21.02% Oct 13, 2020 - Dec 3, 2020 | -20.57% Dec 29, 2014 - Dec 23, 2015 |
| #7 | -17.01% Sep 3, 2021 - Oct 14, 2021 | -17.98% Jul 1, 2014 - Nov 5, 2014 |
| #8 | -13.92% Nov 8, 2018 - Dec 3, 2018 | -16.85% Nov 8, 2000 - Mar 30, 2001 |
| #9 | -13.54% Oct 5, 2018 - Nov 7, 2018 | -14.91% Nov 1, 1999 - Apr 26, 2000 |
| #10 | -11.68% Aug 26, 2020 - Oct 5, 2020 | -14.22% Apr 28, 2000 - Jul 20, 2000 |
| #11 | -11.08% Dec 22, 2020 - Jan 15, 2021 | -13.00% Jul 6, 2016 - Feb 21, 2017 |
| #12 | -5.59% Dec 8, 2020 - Dec 17, 2020 | -10.60% Dec 13, 2018 - Feb 22, 2019 |
| #13 | -5.39% Feb 5, 2019 - Feb 14, 2019 | -10.22% Feb 21, 2025 - Mar 14, 2025 |
| #14 | -5.24% Nov 9, 2021 - Nov 16, 2021 | -10.07% Mar 19, 2025 - May 19, 2025 |
| #15 | -3.39% Aug 20, 2020 - Aug 26, 2020 | -9.86% Oct 4, 2019 - Jan 23, 2020 |
Correlation
Correlation between ESTC and TXNM is -0.22 which considered as a very weak or no correlation - the stocks move independently of each other.
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