ALGN vs ELAN: returns, Sharpe ratio and drawdown

Over the past year, ALGN returned +9.18% against +8.43% for ELAN. Over five years, ELAN averaged -6.50% a year, compared with -25.23% for ALGN. ALGN had the higher Sharpe ratio over the past year (0.31 vs 0.30), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -26.23% for ELAN and -29.18% for ALGN.