Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
^XAX Performance Chart
NYSE American Composite Index (^XAX) is up 16.2% since the beginning of the year. ^XAX is currently trading at $7,976 per share. Investors who bought $1,000 worth of ^XAX shares 5 years ago would now be looking at an investment worth $2,469.
Loading charts...
Returns By Period
NYSE American Composite Index (^XAX) has returned 16.15% so far this year and 37.97% over the past 12 months. Over the last ten years, ^XAX has had an annualized return of 13.34%, just under the S&P 500 Index benchmark’s 13.88%.
NYSE American Composite Index
- 1D
- 0.47%
- 1M
- -11.64%
- YTD
- 16.15%
- 6M
- 15.58%
- 1Y
- 37.97%
- 3Y*
- 25.46%
- 5Y*
- 19.81%
- 10Y*
- 13.34%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
^XAX Monthly Returns History
Based on dividend-adjusted daily data since Dec 27, 1995, ^XAX's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2020 with a return of +26.2%, while the worst month was Mar 2020 at -30.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, ^XAX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +13.3%, while the worst single day was Mar 9, 2020 at -12.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 12.31% | 13.60% | 0.74% | 3.93% | -7.50% | -6.00% | 16.15% | ||||||
| 2025 | 4.55% | 0.41% | 3.79% | -3.59% | 5.52% | 11.30% | 3.36% | 11.13% | 5.21% | -0.83% | 7.81% | -8.07% | 46.53% |
| 2024 | -2.07% | 0.10% | 8.20% | -1.19% | 3.33% | -2.93% | 5.96% | 1.58% | -2.24% | 2.84% | 0.30% | -10.61% | 2.00% |
| 2023 | 6.26% | -3.30% | 0.59% | -1.75% | -7.82% | 8.04% | 4.83% | 2.16% | 2.52% | -3.14% | 4.53% | -1.19% | 11.10% |
| 2022 | 5.05% | 10.36% | 5.20% | -1.91% | 3.75% | -8.53% | 6.52% | 3.00% | -4.62% | 12.22% | 2.59% | -11.79% | 20.66% |
| 2021 | 2.34% | 7.68% | 4.37% | 8.37% | 9.49% | -1.58% | -4.84% | 0.24% | 6.81% | 5.60% | -1.68% | 2.17% | 45.17% |
Benchmark Metrics
NYSE American Composite Index has an annualized alpha of 3.98%, beta of 0.67, and R2 of 0.46 versus S&P 500 Index. Calculated based on daily prices since December 27, 1995.
- This index participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (81.89%) than losses (77.89%) - typical of diversified or defensive assets.
- Beta of 0.67 may look defensive, but with R2 of 0.46 this index is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this index's risk.
- R2 of 0.46 means the benchmark explains less than half of this index's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 3.98%
- Beta
- 0.67
- R²
- 0.46
- Upside Capture
- 81.89%
- Downside Capture
- 77.89%
Return for Risk
Risk / Return Rank
^XAX ranks 60 for risk / return — better than 60% of indices on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for NYSE American Composite Index (^XAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^XAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 2.78 | -0.13 |
| Martin ratioReturn relative to average drawdown | 10.34 | 12.44 | -2.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the NYSE American Composite Index. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NYSE American Composite Index was 54.41%, occurring on Nov 20, 2008. Recovery took 1328 trading sessions.
The current NYSE American Composite Index drawdown is 13.96%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.41%Nov 2008 | 1y 14d | 5y 3mo | 6y 4moNov 2007 - Mar 2014 |
COVID crash2020 | -53.51%Mar 2020 | 5y 8mo | 11mo 29d | 6y 8moJul 2014 - Mar 2021 |
Dot-com crash2000–2002 | -25.52%Jul 2002 | 2y 4mo | 1y 3mo | 3y 7moMar 2000 - Oct 2003 |
1998 bear market1998 | -25.20%Oct 1998 | 5mo 18d | 6mo 16d | 12mo 4dApr 1998 - Apr 1999 |
Bear market2022 | -19.28%Jul 2022 | 1mo 6d | 1mo 11d | 2mo 17dJun 2022 - Aug 2022 |
Drawdown Indicators
| ^XAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.41% | -56.78% | +2.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.37% | -9.10% | -5.27% |
Max Drawdown (3Y)Largest decline over 3 years | -18.79% | -18.90% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -19.28% | -25.43% | +6.15% |
Max Drawdown (10Y)Largest decline over 10 years | -52.59% | -33.92% | -18.67% |
Current DrawdownCurrent decline from peak | -13.96% | -1.80% | -12.16% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -10.71% | +0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.68% | 2.03% | +1.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with ^XAX
Add NYSE American Composite Index to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with ^XAX