Both in Packaged Software

Netskope vs Elastic

Over the past year NTSK returned +3.4% and ESTC returned +1.3%; their daily moves had a correlation of 0.46.

NTSK +3.4% ESTC +1.3%Growth of $1, one year, split-adjusted
MetricNTSKESTC
Price$22.77$89.68
Market cap$9.30B$9.42B
Today+4.26%−0.87%
1 month+15.9%−5.2%
6 months+115.8%+82.6%
Year to date+29.8%+18.9%
1 year−6.1%−1.2%
Revenue growth (YoY)—+15.1%
Gross margin73.9%74.5%
Net margin−50.2%−3.5%
P/E (TTM)—25.1×
Price / sales11.6×5.2×
Net cash$369.2M$889.8M
Dividend yield——
Volatility (60d)71.0%63.8%
Short % of float9.5%4.5%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).