AMSC vs. EMEQ
AMSC (American Superconductor Corporation) is a stock, while EMEQ (Nomura Focused Emerging Markets Equity ETF) is Emerging Markets Diversified fund actively managed by Nomura. Over the past year, AMSC returned -8.20% vs 127.62% for EMEQ. At a 0.44 correlation, their price movements are largely independent.
Performance
AMSC vs. EMEQ - Performance Comparison
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Returns By Period
In the year-to-date period, AMSC achieves a 24.95% return, which is significantly lower than EMEQ's 70.04% return.
AMSC
- 1D
- -3.26%
- 1M
- -8.99%
- 6M
- 17.25%
- YTD
- 24.95%
- 1Y
- -8.20%
- 3Y*
- 75.08%
- 5Y*
- 17.38%
- 10Y*
- 14.23%
EMEQ
- 1D
- 0.10%
- 1M
- 0.76%
- 6M
- 58.06%
- YTD
- 70.04%
- 1Y
- 127.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMSC vs. EMEQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMSC American Superconductor Corporation | 24.95% | 16.85% | 31.50% |
EMEQ Nomura Focused Emerging Markets Equity ETF | 70.04% | 69.78% | -0.73% |
Correlation
The correlation between AMSC and EMEQ is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024 | 0.44 |
The correlation between AMSC and EMEQ has been stable across timeframes, ranging from 0.44 to 0.52 - a consistent structural relationship.
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Return for Risk
AMSC vs. EMEQ — Risk / Return Rank
AMSC
EMEQ
AMSC vs. EMEQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Superconductor Corporation (AMSC) and Nomura Focused Emerging Markets Equity ETF (EMEQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| AMSC | EMEQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.38 | ||
| Sortino ratioReturn per unit of downside risk | -3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.51 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | 6.98 | -7.13 |
| Martin ratioReturn relative to average drawdown | -0.25 | 23.27 | -23.52 |
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Drawdowns
AMSC vs. EMEQ - Drawdown Comparison
The maximum AMSC drawdown since its inception was -99.57%, which is greater than EMEQ's maximum drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for AMSC and EMEQ.
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Drawdown Indicators
| AMSC | EMEQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.57% | -19.99% | -79.58% |
Max Drawdown (1Y)Largest decline over 1 year | -61.08% | -17.91% | -43.17% |
Max Drawdown (3Y)Largest decline over 3 years | -63.86% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -82.94% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.06% | — | — |
Current DrawdownCurrent decline from peak | -94.81% | -12.48% | -82.33% |
Average DrawdownAverage peak-to-trough decline | -75.80% | -4.19% | -71.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.03% | 5.36% | +32.67% |
Volatility
AMSC vs. EMEQ - Volatility Comparison
American Superconductor Corporation (AMSC) has a higher volatility of 22.33% compared to Nomura Focused Emerging Markets Equity ETF (EMEQ) at 18.22%. This indicates that AMSC's price experiences larger fluctuations and is considered to be riskier than EMEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMSC | EMEQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.33% | 18.22% | +4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 54.94% | 35.48% | +19.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.50% | 38.20% | +47.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.45% | 33.24% | +54.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.28% | 33.24% | +46.04% |
Dividends
AMSC vs. EMEQ - Dividend Comparison
AMSC has not paid dividends to shareholders, while EMEQ's dividend yield for the trailing twelve months is around 1.62%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AMSC American Superconductor Corporation | 0.00% | 0.00% | 0.00% |
EMEQ Nomura Focused Emerging Markets Equity ETF | 1.62% | 2.76% | 0.84% |
Frequently Asked Questions
AMSC and EMEQ have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMSC has higher volatility (22.33%) compared to EMEQ (18.22%). In terms of maximum drawdown, AMSC dropped -99.57% vs EMEQ's -19.99%.
EMEQ currently has the higher Sharpe Ratio (3.27 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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