NCSM vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about NCS Multistage Holdings, Inc. (NCSM) and S&P 500 Index (^GSPC).

Performance

NCSM vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NCS Multistage Holdings, Inc. (NCSM) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

NCSM vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NCSM NCS Multistage Holdings, Inc.	52.47%	52.12%	45.43%	-28.60%	-13.76%	28.79%	-46.40%	-58.74%	-65.47%	-26.34%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	12.14%

Returns By Period

In the year-to-date period, NCSM achieves a 52.47% return, which is significantly higher than ^GSPC's -3.95% return.

NCSM

• 1D: -2.64%
• 1M: 47.10%
• YTD: 52.47%
• 6M: 18.06%
• 1Y: 66.51%
• 3Y*: 36.45%
• 5Y*: 18.14%
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

NCSM vs. ^GSPC — Risk / Return Rank

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

NCSM

NCSM Risk / Return Rank: 72
NCSM Sharpe Ratio Rank: 73
NCSM Sortino Ratio Rank: 72
NCSM Omega Ratio Rank: 70
NCSM Calmar Ratio Rank: 77
NCSM Martin Ratio Rank: 69

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

NCSM vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NCS Multistage Holdings, Inc. (NCSM) and S&P 500 Index (^GSPC). 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.

	NCSM	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.98	0.92	+0.06
Sortino ratio Return per unit of downside risk	1.74	1.41	+0.32
Omega ratio Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio Return relative to maximum drawdown	2.13	1.41	+0.72
Martin ratio Return relative to average drawdown	3.43	6.61	-3.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NCSM vs. ^GSPC - Sharpe Ratio Comparison

The current NCSM Sharpe Ratio is 0.98, which is comparable to the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of NCSM and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NCSM	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.92	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.61	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	0.46	-0.71

Correlation

The correlation between NCSM and ^GSPC is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

NCSM vs. ^GSPC - Drawdown Comparison

The maximum NCSM drawdown since its inception was -98.58%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NCSM and ^GSPC.

Drawdown Indicators

	NCSM	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-98.58%	-56.78%	-41.80%
Max Drawdown (1Y) Largest decline over 1 year	-33.80%	-12.14%	-21.66%
Max Drawdown (5Y) Largest decline over 5 years	-78.56%	-25.43%	-53.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-88.87%	-5.78%	-83.09%
Average Drawdown Average peak-to-trough decline	-83.10%	-10.75%	-72.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.00%	2.60%	+18.40%

Volatility

NCSM vs. ^GSPC - Volatility Comparison

NCS Multistage Holdings, Inc. (NCSM) has a higher volatility of 31.33% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that NCSM's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NCSM	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.33%	5.37%	+25.96%
Volatility (6M) Calculated over the trailing 6-month period	48.11%	9.55%	+38.56%
Volatility (1Y) Calculated over the trailing 1-year period	68.47%	18.33%	+50.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.47%	16.90%	+43.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.28%	18.05%	+59.23%