AS vs. IPKW
AS (Amer Sports, Inc) is a stock, while IPKW (Invesco International BuyBack Achievers™ ETF) is Global Equities fund tracking the NASDAQ International BuyBack Achievers Index. Over the past year, AS returned -2.74% vs 28.03% for IPKW. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
AS vs. IPKW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AS achieves a -4.93% return, which is significantly lower than IPKW's 11.03% return.
AS
- 1D
- -1.63%
- 1M
- 1.31%
- 6M
- -3.06%
- YTD
- -4.93%
- 1Y
- -2.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 47.81%
IPKW
- 1D
- -0.74%
- 1M
- 5.81%
- 6M
- 5.67%
- YTD
- 11.03%
- 1Y
- 28.03%
- 3Y*
- 23.55%
- 5Y*
- 11.05%
- 10Y*
- 11.92%
- ALL TIME*
- 10.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $145.99M | $126.51M | $148.20M | |
| $2.21M | $2.03M | $2.36M |
AS vs. IPKW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AS Amer Sports, Inc | -4.93% | 33.58% | 108.66% |
IPKW Invesco International BuyBack Achievers™ ETF | 11.03% | 45.50% | 13.47% |
Correlation
The correlation between AS and IPKW is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.37 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AS vs. IPKW — Risk / Return Rank
AS
IPKW
AS vs. IPKW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amer Sports, Inc (AS) and Invesco International BuyBack Achievers™ ETF (IPKW). 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.
| AS | IPKW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.33 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 2.98 | -3.17 |
| Martin ratioReturn relative to average drawdown | -0.34 | 9.39 | -9.73 |
Loading charts...
Drawdowns
AS vs. IPKW - Drawdown Comparison
The maximum AS drawdown since its inception was -40.71%, smaller than the maximum IPKW drawdown of -47.24%. Use the drawdown chart below to compare losses from any high point for AS and IPKW.
Loading charts...
Drawdown Indicators
| AS | IPKW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.71% | -47.24% | +6.53% |
Max Drawdown (1Y)Largest decline over 1 year | -28.78% | -9.14% | -19.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.24% | — |
Current DrawdownCurrent decline from peak | -15.37% | -0.74% | -14.63% |
Average DrawdownAverage peak-to-trough decline | -13.48% | -8.91% | -4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.74% | 2.90% | +12.84% |
Volatility
AS vs. IPKW - Volatility Comparison
Amer Sports, Inc (AS) has a higher volatility of 10.37% compared to Invesco International BuyBack Achievers™ ETF (IPKW) at 3.94%. This indicates that AS's price experiences larger fluctuations and is considered to be riskier than IPKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AS | IPKW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.37% | 3.94% | +6.43% |
Volatility (6M)Calculated over the trailing 6-month period | 30.37% | 12.38% | +17.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.02% | 14.86% | +27.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.93% | 17.02% | +31.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.93% | 17.75% | +31.18% |
Dividends
AS vs. IPKW - Dividend Comparison
AS has not paid dividends to shareholders, while IPKW's dividend yield for the trailing twelve months is around 3.38%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AS Amer Sports, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IPKW Invesco International BuyBack Achievers™ ETF | 3.38% | 3.55% | 4.12% | 2.66% | 3.77% | 7.37% | 1.45% | 2.41% | 2.61% | 0.93% | 2.82% | 1.31% |
Frequently Asked Questions
AS and IPKW have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AS has higher volatility (10.37%) compared to IPKW (3.94%). In terms of maximum drawdown, AS dropped -40.71% vs IPKW's -47.24%.
IPKW currently has the higher Sharpe Ratio (1.83 vs -0.13), 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.
Find the right allocation for AS and IPKW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer