AMSC vs. XOP

Last updated Jul 11, 2026

AMSC (American Superconductor Corporation) is a stock, while XOP (SPDR S&P Oil & Gas Exploration & Production ETF) is Energy Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry. Over the past 10 years, AMSC returned 14.23%/yr vs 2.97%/yr for XOP. At a 0.33 correlation, their price movements are largely independent.

Performance

AMSC vs. XOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Superconductor Corporation (AMSC) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMSC achieves a 24.95% return, which is significantly lower than XOP's 26.71% return. Over the past 10 years, AMSC has outperformed XOP with an annualized return of 14.23%, while XOP has yielded a comparatively lower 2.97% annualized 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%

XOP

• 1D: -0.56%
• 1M: -2.49%
• 6M: 25.57%
• YTD: 26.71%
• 1Y: 21.93%
• 3Y*: 8.56%
• 5Y*: 13.75%
• 10Y*: 2.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMSC vs. XOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMSC American Superconductor Corporation	24.95%	16.85%	121.10%	202.72%	-66.18%	-53.54%	198.34%	-29.60%	207.16%	-50.75%
XOP SPDR S&P Oil & Gas Exploration & Production ETF	26.71%	-2.15%	-1.00%	3.56%	45.37%	66.74%	-36.40%	-9.44%	-28.10%	-9.47%

Correlation

The correlation between AMSC and XOP is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jun 22, 2006	0.33

The correlation between AMSC and XOP shifts across timeframes, from -0.02 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AMSC vs. XOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMSC

AMSC Risk / Return Rank: 43
AMSC Sharpe Ratio Rank: 41
AMSC Sortino Ratio Rank: 46
AMSC Omega Ratio Rank: 46
AMSC Calmar Ratio Rank: 40
AMSC Martin Ratio Rank: 41

XOP

XOP Risk / Return Rank: 27
XOP Sharpe Ratio Rank: 27
XOP Sortino Ratio Rank: 26
XOP Omega Ratio Rank: 26
XOP Calmar Ratio Rank: 30
XOP Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMSC vs. XOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Superconductor Corporation (AMSC) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP). 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	XOP	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	0.81	-0.92
Sortino ratio: Return per unit of downside risk	0.46	1.22	-0.75
Omega ratio: Gain probability vs. loss probability	1.06	1.15	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.16	1.23	-1.39
Martin ratio: Return relative to average drawdown	-0.25	3.01	-3.26

AMSC vs. XOP - Sharpe Ratio Comparison

The current AMSC Sharpe Ratio is -0.11, which is lower than the XOP Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of AMSC and XOP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMSC vs. XOP - Drawdown Comparison

The maximum AMSC drawdown since its inception was -99.57%, which is greater than XOP's maximum drawdown of -90.27%. Use the drawdown chart below to compare losses from any high point for AMSC and XOP.

Drawdown Indicators

	AMSC	XOP	Difference
Max Drawdown Largest peak-to-trough decline	-99.57%	-90.27%	-9.30%
Max Drawdown (1Y) Largest decline over 1 year	-61.08%	-18.50%	-42.58%
Max Drawdown (3Y) Largest decline over 3 years	-63.86%	-34.98%	-28.88%
Max Drawdown (5Y) Largest decline over 5 years	-82.94%	-34.98%	-47.96%
Max Drawdown (10Y) Largest decline over 10 years	-89.06%	-82.61%	-6.45%
Current Drawdown Current decline from peak	-94.81%	-40.77%	-54.04%
Average Drawdown Average peak-to-trough decline	-75.80%	-42.57%	-33.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.03%	7.54%	+30.49%

Volatility

AMSC vs. XOP - Volatility Comparison

American Superconductor Corporation (AMSC) has a higher volatility of 22.33% compared to SPDR S&P Oil & Gas Exploration & Production ETF (XOP) at 7.88%. This indicates that AMSC's price experiences larger fluctuations and is considered to be riskier than XOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMSC	XOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.33%	7.88%	+14.45%
Volatility (6M) Calculated over the trailing 6-month period	54.94%	22.07%	+32.87%
Volatility (1Y) Calculated over the trailing 1-year period	85.50%	28.03%	+57.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.45%	33.73%	+53.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.28%	40.17%	+39.11%

Dividends

AMSC vs. XOP - Dividend Comparison

AMSC has not paid dividends to shareholders, while XOP's dividend yield for the trailing twelve months is around 2.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMSC American Superconductor Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XOP SPDR S&P Oil & Gas Exploration & Production ETF	2.05%	2.62%	2.45%	2.63%	2.47%	1.61%	2.34%	1.47%	0.99%	0.76%	0.76%	2.21%

Frequently Asked Questions

Can I hold both AMSC and XOP in my portfolio?

AMSC and XOP have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMSC or XOP?

AMSC has higher volatility (22.33%) compared to XOP (7.88%). In terms of maximum drawdown, AMSC dropped -99.57% vs XOP's -90.27%.

Which has better risk-adjusted returns?

XOP currently has the higher Sharpe Ratio (0.81 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.