CERY vs. AMSC
CERY (SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF) is Commodities fund tracking the Bloomberg Enhanced Roll Yield Total Return Index, while AMSC (American Superconductor Corporation) is a stock. Over the past year, CERY returned 37.10% vs -48.34% for AMSC. Their 0.05 correlation means their historical movements had little consistent relationship.
Performance
CERY vs. AMSC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CERY achieves a 25.95% return, which is significantly higher than AMSC's 2.05% return.
CERY
- 1D
- -0.22%
- 1M
- 7.99%
- 6M
- 15.18%
- YTD
- 25.95%
- 1Y
- 37.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.32%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.27M | $25.36M | $48.11M | |
| $5.02M | $9.94M | $6.85M |
CERY vs. AMSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CERY SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | 25.95% | 15.68% | 3.80% |
AMSC American Superconductor Corporation | 2.05% | 16.85% | 31.50% |
Correlation
The correlation between CERY and AMSC is 0.03, 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. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024 | 0.05 |
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
CERY vs. AMSC — Risk / Return Rank
CERY
AMSC
CERY vs. AMSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) and American Superconductor Corporation (AMSC). 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.
| CERY | AMSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.89 | ||
| Sortino ratioReturn per unit of downside risk | +3.49 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.94 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | -0.79 | +3.39 |
| Martin ratioReturn relative to average drawdown | 8.97 | -1.21 | +10.18 |
Loading charts...
Drawdowns
CERY vs. AMSC - Drawdown Comparison
The maximum CERY drawdown since its inception was -14.33%, smaller than the maximum AMSC drawdown of -99.57%. Use the drawdown chart below to compare losses from any high point for CERY and AMSC.
Loading charts...
Drawdown Indicators
| CERY | AMSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.33% | -99.57% | +85.24% |
Max Drawdown (1Y)Largest decline over 1 year | -14.33% | -61.08% | +46.75% |
Max Drawdown (3Y)Largest decline over 3 years | — | -61.08% | — |
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 | -6.62% | -95.76% | +89.14% |
Average DrawdownAverage peak-to-trough decline | -2.69% | -75.83% | +73.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 40.10% | -35.95% |
Volatility
CERY vs. AMSC - Volatility Comparison
The current volatility for SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is 5.02%, while American Superconductor Corporation (AMSC) has a volatility of 22.38%. This indicates that CERY experiences smaller price fluctuations and is considered to be less risky than AMSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CERY | AMSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 22.38% | -17.36% |
Volatility (6M)Calculated over the trailing 6-month period | 13.85% | 57.61% | -43.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.20% | 87.44% | -71.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 87.66% | -72.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.94% | 79.49% | -64.55% |
Dividends
CERY vs. AMSC - Dividend Comparison
CERY's dividend yield for the trailing twelve months is around 3.97%, while AMSC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AMSC American Superconductor Corporation | 0.00% | 0.00% | 0.00% |
CERY SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | 3.97% | 4.99% | 0.52% |
Frequently Asked Questions
CERY and AMSC have a correlation of 0.03, 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 CERY (5.02%). In terms of maximum drawdown, CERY dropped -14.33% vs AMSC's -99.57%.
CERY currently has the higher Sharpe Ratio (2.30 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.
Find the right allocation for CERY and AMSC
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