MAXN vs. STEM

Last updated Aug 1, 2026

MAXN (Maxeon Solar Technologies, Ltd.) and STEM (Stem, Inc.) are both stocks. Both are in the Technology sector — MAXN in Solar, STEM in Software - Infrastructure. Over the past 5 years, MAXN returned -78.33%/yr vs -60.22%/yr for STEM. Their 0.44 correlation means their historical movements had little consistent relationship.

Performance

MAXN vs. STEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Maxeon Solar Technologies, Ltd. (MAXN) and Stem, Inc. (STEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAXN achieves a -72.39% return, which is significantly lower than STEM's -64.12% return.

MAXN

• 1D: 0.00%
• 1M: 0.00%
• 6M: -70.91%
• YTD: -72.39%
• 1Y: -81.83%
• 3Y*: -93.18%
• 5Y*: -78.33%
• 10Y*: —
• ALL TIME*: -75.59%

STEM

• 1D: 1.89%
• 1M: -31.21%
• 6M: -65.38%
• YTD: -64.12%
• 1Y: -55.85%
• 3Y*: -65.78%
• 5Y*: -60.22%
• 10Y*: —
• ALL TIME*: -46.30%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MAXN Maxeon Solar Technologies, Ltd.	$0.00	$0.00	$0.00
STEM Stem, Inc.	$656.76K	$712.05K	$1.24M

MAXN vs. STEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MAXN Maxeon Solar Technologies, Ltd.	-72.39%	-63.53%	-98.95%	-55.35%	15.54%	-51.00%	51.06%
STEM Stem, Inc.	-64.12%	24.79%	-84.46%	-56.60%	-52.87%	-7.28%	104.60%

Correlation

The correlation between MAXN and STEM is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.39
Correlation (5Y) Shows whether the relationship held over a longer period.	0.45
Correlation (All Time) Calculated using the full available price history since Oct 8, 2020	0.44

The correlation between MAXN and STEM shifts across timeframes, from 0.32 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MAXN : $3.56M STEM : $48.37M
Total Revenue (TTM) MAXN : $176.41M STEM : $152.75M
Gross Profit (TTM) MAXN : -$242.06M STEM : $55.48M
EBITDA (TTM) MAXN : -$504.08M STEM : $200.63M

Return for Risk

MAXN vs. STEM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MAXN

MAXN Risk / Return Rank: 8
MAXN Sharpe Ratio Rank: 13
MAXN Sortino Ratio Rank: 9
MAXN Omega Ratio Rank: 7
MAXN Calmar Ratio Rank: 5
MAXN Martin Ratio Rank: 5

STEM

STEM Risk / Return Rank: 19
STEM Sharpe Ratio Rank: 17
STEM Sortino Ratio Rank: 21
STEM Omega Ratio Rank: 21
STEM Calmar Ratio Rank: 18
STEM Martin Ratio Rank: 19

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MAXN vs. STEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Maxeon Solar Technologies, Ltd. (MAXN) and Stem, Inc. (STEM). 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.

	MAXN	STEM	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	-0.59	-0.11
Sortino ratio: Return per unit of downside risk	-1.25	-0.55	-0.70
Omega ratio: Gain probability vs. loss probability	0.81	0.94	-0.13
Calmar ratio: Return relative to maximum drawdown	-0.95	-0.70	-0.25
Martin ratio: Return relative to average drawdown	-1.52	-1.10	-0.42

MAXN vs. STEM - Sharpe Ratio Comparison

The current MAXN Sharpe Ratio is -0.70, which is comparable to the STEM Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of MAXN and STEM, 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

MAXN vs. STEM - Drawdown Comparison

The maximum MAXN drawdown since its inception was -99.99%, roughly equal to the maximum STEM drawdown of -99.50%. Use the drawdown chart below to compare losses from any high point for MAXN and STEM.

Drawdown Indicators

	MAXN	STEM	Difference
Max Drawdown Largest peak-to-trough decline	-99.99%	-99.50%	-0.49%
Max Drawdown (1Y) Largest decline over 1 year	-84.60%	-83.38%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	-99.97%	-96.43%	-3.54%
Max Drawdown (5Y) Largest decline over 5 years	-99.98%	-99.13%	-0.85%
Current Drawdown Current decline from peak	-99.99%	-99.46%	-0.53%
Average Drawdown Average peak-to-trough decline	-78.26%	-79.66%	+1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	52.77%	53.19%	-0.42%

Volatility

MAXN vs. STEM - Volatility Comparison

The current volatility for Maxeon Solar Technologies, Ltd. (MAXN) is 0.00%, while Stem, Inc. (STEM) has a volatility of 17.76%. This indicates that MAXN experiences smaller price fluctuations and is considered to be less risky than STEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAXN	STEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	17.76%	-17.76%
Volatility (6M) Calculated over the trailing 6-month period	105.02%	60.42%	+44.60%
Volatility (1Y) Calculated over the trailing 1-year period	115.23%	99.31%	+15.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	123.66%	114.06%	+9.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	122.11%	116.35%	+5.76%

Dividends

MAXN vs. STEM - Dividend Comparison

Neither MAXN nor STEM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MAXN and STEM in my portfolio?

MAXN and STEM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAXN or STEM?

STEM has higher volatility (17.76%) compared to MAXN (0.00%). In terms of maximum drawdown, MAXN dropped -99.99% vs STEM's -99.50%.

Which has better risk-adjusted returns?

STEM currently has the higher Sharpe Ratio (-0.59 vs -0.70), 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.