PSIX vs. EMA
PSIX (Power Solutions International, Inc.) and EMA (Emera Inc) are both stocks. PSIX operates in Specialty Industrial Machinery (Industrials), while EMA operates in Utilities - Regulated Electric (Utilities). Over the past year, PSIX returned -66.53% vs 22.97% for EMA. At a correlation of -0.10, they often move in opposite directions.
Performance
PSIX vs. EMA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSIX achieves a -47.57% return, which is significantly lower than EMA's 13.96% return.
PSIX
- 1D
- -4.53%
- 1M
- -22.06%
- 6M
- -61.22%
- YTD
- -47.57%
- 1Y
- -66.53%
- 3Y*
- 117.80%
- 5Y*
- 32.27%
- 10Y*
- 5.66%
- ALL TIME*
- 4.05%
EMA
- 1D
- 0.26%
- 1M
- 3.88%
- 6M
- 12.59%
- YTD
- 13.96%
- 1Y
- 22.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 22.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
EMA Emera Inc | $22.03M | $20.24M | $20.41M |
| $13.85M | $14.17M | $30.95M |
PSIX vs. EMA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PSIX Power Solutions International, Inc. | -47.57% | 39.43% |
EMA Emera Inc | 13.96% | 11.17% |
Correlation
The correlation between PSIX and EMA is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since May 28, 2025 | -0.10 |
Fundamentals
PSIX:
$690.59M
EMA:
$16.81B
PSIX:
$4.43
EMA:
CA$3.55
PSIX:
6.76
EMA:
21.84
PSIX:
0.07
EMA:
0.69
PSIX:
1.18
EMA:
2.72
PSIX:
3.72
EMA:
2.57
PSIX:
$586.96M
EMA:
CA$8.59B
PSIX:
$172.81M
EMA:
CA$2.83B
PSIX:
$102.78M
EMA:
CA$2.56B
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
PSIX vs. EMA — Risk / Return Rank
PSIX
EMA
PSIX vs. EMA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Power Solutions International, Inc. (PSIX) and Emera Inc (EMA). 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.
| PSIX | EMA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.30 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.28 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 3.89 | -4.79 |
| Martin ratioReturn relative to average drawdown | -1.53 | 10.13 | -11.66 |
Loading charts...
Drawdowns
PSIX vs. EMA - Drawdown Comparison
The maximum PSIX drawdown since its inception was -98.55%, which is greater than EMA's maximum drawdown of -5.93%. Use the drawdown chart below to compare losses from any high point for PSIX and EMA.
Loading charts...
Drawdown Indicators
| PSIX | EMA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.55% | -5.93% | -92.62% |
Max Drawdown (1Y)Largest decline over 1 year | -74.18% | -5.93% | -68.25% |
Max Drawdown (3Y)Largest decline over 3 years | -74.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -84.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -92.96% | — | — |
Current DrawdownCurrent decline from peak | -74.12% | -0.29% | -73.83% |
Average DrawdownAverage peak-to-trough decline | -68.21% | -1.72% | -66.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.56% | 2.27% | +41.29% |
Volatility
PSIX vs. EMA - Volatility Comparison
Power Solutions International, Inc. (PSIX) has a higher volatility of 18.26% compared to Emera Inc (EMA) at 5.39%. This indicates that PSIX's price experiences larger fluctuations and is considered to be riskier than EMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSIX | EMA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.26% | 5.39% | +12.87% |
Volatility (6M)Calculated over the trailing 6-month period | 88.35% | 10.95% | +77.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.03% | 14.15% | +84.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.77% | 14.16% | +98.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 105.90% | 14.16% | +91.74% |
Dividends
PSIX vs. EMA - Dividend Comparison
PSIX has not paid dividends to shareholders, while EMA's dividend yield for the trailing twelve months is around 3.87%.
| Position | TTM | 2025 |
|---|---|---|
EMA Emera Inc | 3.87% | 2.12% |
PSIX Power Solutions International, Inc. | 0.00% | 0.00% |
Financials
PSIX vs. EMA - Financials Comparison
This section allows you to compare key financial metrics between Power Solutions International, Inc. and Emera Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PSIX and EMA have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSIX has higher volatility (18.26%) compared to EMA (5.39%). In terms of maximum drawdown, PSIX dropped -98.55% vs EMA's -5.93%.
EMA currently has the higher Sharpe Ratio (1.63 vs -0.67), 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 PSIX and EMA
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