ECHO vs. INSM

Last updated Jul 1, 2026

ECHO (EchoStar Corporation) and INSM (Insmed Incorporated) are both stocks. ECHO operates in Telecom Services (Communication Services), while INSM operates in Biotechnology (Healthcare). A 0.54 correlation means they provide meaningful diversification when combined.

Performance

ECHO vs. INSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EchoStar Corporation (ECHO) and Insmed Incorporated (INSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ECHO

• 1D: 0.65%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

INSM

• 1D: 1.79%
• 1M: -0.27%
• YTD: -38.74%
• 6M: -38.76%
• 1Y: 5.94%
• 3Y*: 71.60%
• 5Y*: 29.33%
• 10Y*: 26.59%

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

ECHO vs. INSM - Yearly Performance Comparison

	2026 (YTD)
ECHO EchoStar Corporation	-1.85%
INSM Insmed Incorporated	8.13%

Correlation

The correlation between ECHO and INSM is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 23, 2026	0.54

Return for Risk

ECHO vs. INSM — Risk / Return Rank

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

ECHO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

INSM

INSM Risk / Return Rank: 47
INSM Sharpe Ratio Rank: 48
INSM Sortino Ratio Rank: 45
INSM Omega Ratio Rank: 48
INSM Calmar Ratio Rank: 47
INSM Martin Ratio Rank: 47

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.

ECHO vs. INSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EchoStar Corporation (ECHO) and Insmed Incorporated (INSM). 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.

	ECHO	INSM	Difference
Sharpe ratio: Return per unit of total volatility	—	0.11	—
Sortino ratio: Return per unit of downside risk	—	0.51	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.11	—
Martin ratio: Return relative to average drawdown	—	0.23	—

Drawdowns

ECHO vs. INSM - Drawdown Comparison

The maximum ECHO drawdown since its inception was -6.48%, smaller than the maximum INSM drawdown of -98.65%. Use the drawdown chart below to compare losses from any high point for ECHO and INSM.

Drawdown Indicators

	ECHO	INSM	Difference
Max Drawdown Largest peak-to-trough decline	-6.48%	-98.65%	+92.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-56.54%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-56.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-56.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.84%	—
Current Drawdown Current decline from peak	-2.33%	-49.57%	+47.24%
Average Drawdown Average peak-to-trough decline	-3.67%	-86.02%	+82.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	26.03%	—

Volatility

Volatility by Period

	ECHO	INSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	42.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.51%	52.07%	-9.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.51%	72.85%	-30.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.51%	78.41%	-35.90%

Dividends

ECHO vs. INSM - Dividend Comparison

Neither ECHO nor INSM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ECHO and INSM in my portfolio?

ECHO and INSM have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.