EWTX vs WAY
Comparison between Edgewise Therapeutics Inc (EWTX, Company) and Waystar Holding Corp (WAY, Company).
Both EWTX and WAY are from the Healthcare sector.
EWTX vs WAY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
EWTX
$4.69B
Winner
WAY
$4.71B
Max Drawdown
EWTX
84.69%
Winner
WAY
61.83%
Sharpe Ratio
Winner
EWTX
1.88
WAY
-0.45
5Y Beta
EWTX
1.39
Winner
WAY
0.69
Industry
EWTX
Biotechnology
WAY
Health Information Services
P/E Ratio
Winner
EWTX
-23.61
WAY
34.15
Forward P/E
EWTX
N/A
WAY
14.75
PEG Ratio
Winner
EWTX
-1.25
WAY
0.76
Debt to Equity
Winner
EWTX
0.00%
WAY
36.80%
Free Cash Flow Yield
EWTX
-3.39%
Winner
WAY
6.22%
EWTX vs WAY - Historical Returns
Returns include dividend reinvestment.
1M
EWTX
+4.63%
Winner
WAY
+8.90%
3M
EWTX
+27.90%
Winner
WAY
+34.19%
6M
Winner
EWTX
+43.89%
WAY
+11.91%
1Y
Winner
EWTX
+214.49%
WAY
-29.05%
5Y(CAGR)
EWTX
+21.57%
WAY
N/A
Max(CAGR)
EWTX
+7.00%
Winner
WAY
+9.19%
EWTX vs WAY - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | EWTX | WAY |
|---|---|---|
| 2026 | +81.81% | -20.05% |
| 2025 | -8.19% | -8.90% |
| 2024 | +142.73% | +77.29% |
| 2023 | +24.46% | N/A |
| 2022 | -45.88% | N/A |
| 2021 | -49.07% | N/A |
EWTX vs WAY Drawdown Comparison
The maximum drawdown for EWTX was -84.69%, occurring on Nov 10, 2023. Recovery took 909 trading sessions.
The maximum drawdown for WAY was -61.83%, occurring on Jun 22, 2026. This drawdown has not yet recovered.
The current EWTX drawdown is -10.69%. The current WAY drawdown is -44.70%.
| Rank | EWTX | WAY |
|---|---|---|
| #1 | -84.69% Mar 29, 2021 - Nov 6, 2024 | -61.83% Feb 14, 2025 - Jun 22, 2026 |
| #2 | -68.81% Nov 6, 2024 - May 5, 2026 | -9.29% Jul 23, 2024 - Aug 8, 2024 |
| #3 | -21.01% Jul 9, 2026 - Jul 16, 2026 | -9.02% Jun 11, 2024 - Jul 22, 2024 |
| #4 | -18.23% Jun 1, 2026 - Jun 24, 2026 | -6.06% Nov 7, 2024 - Dec 10, 2024 |
| #5 | -17.31% May 5, 2026 - Jun 1, 2026 | -5.82% Dec 26, 2024 - Jan 24, 2025 |
| #6 | -7.45% Jun 24, 2026 - Jul 7, 2026 | -4.05% Sep 26, 2024 - Oct 29, 2024 |
| #7 | N/A | -3.69% Sep 6, 2024 - Sep 26, 2024 |
| #8 | N/A | -3.25% Jan 30, 2025 - Feb 5, 2025 |
| #9 | N/A | -2.57% Aug 30, 2024 - Sep 6, 2024 |
| #10 | N/A | -2.45% Feb 5, 2025 - Feb 11, 2025 |
| #11 | N/A | -2.23% Dec 17, 2024 - Dec 20, 2024 |
| #12 | N/A | -1.73% Aug 19, 2024 - Aug 28, 2024 |
| #13 | N/A | -1.25% Jan 24, 2025 - Jan 28, 2025 |
| #14 | N/A | -0.84% Aug 13, 2024 - Aug 15, 2024 |
| #15 | N/A | -0.42% Nov 1, 2024 - Nov 5, 2024 |
Correlation
Correlation between EWTX and WAY is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
-0.58
-101
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