AMSC vs. PIT
AMSC (American Superconductor Corporation) is a stock, while PIT (VanEck Commodity Strategy ETF) is Commodities fund actively managed by VanEck. Over the past 3 years, AMSC returned 22.11%/yr vs 19.64%/yr for PIT. Their 0.04 correlation means their historical movements had little consistent relationship.
Performance
AMSC vs. PIT - Performance Comparison
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Returns By Period
In the year-to-date period, AMSC achieves a 2.05% return, which is significantly lower than PIT's 39.56% return.
AMSC
- 1D
- -0.27%
- 1M
- -26.43%
- 6M
- -1.84%
- YTD
- 2.05%
- 1Y
- -48.34%
- 3Y*
- 22.11%
- 5Y*
- 15.89%
- 10Y*
- 12.68%
- ALL TIME*
- -3.05%
PIT
- 1D
- -0.05%
- 1M
- 12.38%
- 6M
- 25.04%
- YTD
- 39.56%
- 1Y
- 54.64%
- 3Y*
- 19.64%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.27M | $25.36M | $48.11M | |
| $1.38M | $2.80M | $3.76M |
AMSC vs. PIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMSC American Superconductor Corporation | 2.05% | 16.85% | 121.10% | 202.72% | -3.16% |
PIT VanEck Commodity Strategy ETF | 39.56% | 21.63% | 6.77% | -4.54% | 1.67% |
Correlation
The correlation between AMSC and PIT is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 2022 | 0.04 |
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Return for Risk
AMSC vs. PIT — Risk / Return Rank
AMSC
PIT
AMSC vs. PIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Superconductor Corporation (AMSC) and VanEck Commodity Strategy ETF (PIT). 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 | PIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.05 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.42 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | 3.19 | -3.99 |
| Martin ratioReturn relative to average drawdown | -1.21 | 10.87 | -12.08 |
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Drawdowns
AMSC vs. PIT - Drawdown Comparison
The maximum AMSC drawdown since its inception was -99.57%, which is greater than PIT's maximum drawdown of -17.20%. Use the drawdown chart below to compare losses from any high point for AMSC and PIT.
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Drawdown Indicators
| AMSC | PIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.57% | -17.20% | -82.37% |
Max Drawdown (1Y)Largest decline over 1 year | -61.08% | -17.20% | -43.88% |
Max Drawdown (3Y)Largest decline over 3 years | -61.08% | -17.20% | -43.88% |
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 | -95.76% | -5.78% | -89.98% |
Average DrawdownAverage peak-to-trough decline | -75.83% | -4.27% | -71.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.10% | 5.05% | +35.05% |
Volatility
AMSC vs. PIT - Volatility Comparison
American Superconductor Corporation (AMSC) has a higher volatility of 22.38% compared to VanEck Commodity Strategy ETF (PIT) at 6.47%. This indicates that AMSC's price experiences larger fluctuations and is considered to be riskier than PIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMSC | PIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.38% | 6.47% | +15.91% |
Volatility (6M)Calculated over the trailing 6-month period | 57.61% | 19.93% | +37.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.44% | 22.30% | +65.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.66% | 17.70% | +69.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.49% | 17.70% | +61.79% |
Dividends
AMSC vs. PIT - Dividend Comparison
AMSC has not paid dividends to shareholders, while PIT's dividend yield for the trailing twelve months is around 6.39%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AMSC American Superconductor Corporation | 0.00% | 0.00% | 0.00% | 0.00% |
PIT VanEck Commodity Strategy ETF | 6.39% | 8.92% | 3.59% | 6.44% |
Frequently Asked Questions
AMSC and PIT have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMSC has higher volatility (22.38%) compared to PIT (6.47%). In terms of maximum drawdown, AMSC dropped -99.57% vs PIT's -17.20%.
PIT currently has the higher Sharpe Ratio (2.47 vs -0.59), 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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