Both in Packaged Software

SailPoint vs Elastic

Over the past year SAIL returned −1.2% and ESTC returned +1.3%; their daily moves had a correlation of 0.53.

SAIL −1.2% ESTC +1.3%Growth of $1, one year, split-adjusted
MetricSAILESTC
Price$19.72$89.68
Market cap$11.26B$9.42B
Today+3.84%−0.87%
1 month−1.0%−5.2%
6 months+69.7%+82.6%
Year to date−2.5%+18.9%
1 year−8.2%−1.2%
Revenue growth (YoY)+16.8%+15.1%
Gross margin66.5%74.5%
Net margin−16.3%−3.5%
P/E (TTM)—25.1×
Price / sales9.7×5.2×
Net cash$309.9M$889.8M
Dividend yield——
Volatility (60d)65.7%63.8%
Short % of float32.8%4.5%
Next earnings——

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