RELY vs. AMSC
RELY (Remitly Global, Inc.) and AMSC (American Superconductor Corporation) are both stocks. RELY operates in Software - Infrastructure (Technology), while AMSC operates in Specialty Industrial Machinery (Industrials). Over the past 3 years, RELY returned 4.00%/yr vs 86.23%/yr for AMSC. At a 0.31 correlation, their price movements are largely independent.
Performance
RELY vs. AMSC - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with RELY having a 52.90% return and AMSC slightly lower at 50.80%.
RELY
- 1D
- 3.28%
- 1M
- -2.22%
- YTD
- 52.90%
- 6M
- 44.32%
- 1Y
- 4.82%
- 3Y*
- 4.00%
- 5Y*
- —
- 10Y*
- —
AMSC
- 1D
- 8.15%
- 1M
- -16.28%
- YTD
- 50.80%
- 6M
- 41.60%
- 1Y
- 42.76%
- 3Y*
- 86.23%
- 5Y*
- 24.53%
- 10Y*
- 17.89%
RELY vs. AMSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RELY Remitly Global, Inc. | 52.90% | -38.86% | 16.22% | 69.61% | -44.47% | -61.02% |
AMSC American Superconductor Corporation | 50.80% | 16.85% | 121.10% | 202.72% | -66.18% | -21.78% |
Correlation
The correlation between RELY and AMSC is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.31 |
The correlation between RELY and AMSC shifts across timeframes, from 0.21 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
RELY:
$4.58B
AMSC:
$2.03B
RELY:
$0.49
AMSC:
$3.05
RELY:
43.39
AMSC:
14.24
RELY:
0.23
AMSC:
0.03
RELY:
2.65
AMSC:
6.37
RELY:
5.05
AMSC:
3.65
RELY:
$1.73B
AMSC:
$299.15M
RELY:
$753.03M
AMSC:
$91.38M
RELY:
$142.85M
AMSC:
$19.29M
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Return for Risk
RELY vs. AMSC — Risk / Return Rank
RELY
AMSC
RELY vs. AMSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) 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.
| RELY | AMSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.17 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 0.67 | -0.60 |
| Martin ratioReturn relative to average drawdown | 0.12 | 1.11 | -0.99 |
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Drawdowns
RELY vs. AMSC - Drawdown Comparison
The maximum RELY drawdown since its inception was -86.99%, smaller than the maximum AMSC drawdown of -99.57%. Use the drawdown chart below to compare losses from any high point for RELY and AMSC.
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Drawdown Indicators
| RELY | AMSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.99% | -99.57% | +12.58% |
Max Drawdown (1Y)Largest decline over 1 year | -40.08% | -61.08% | +21.00% |
Max Drawdown (3Y)Largest decline over 3 years | -57.92% | -63.86% | +5.94% |
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 | -60.11% | -93.73% | +33.62% |
Average DrawdownAverage peak-to-trough decline | -67.40% | -75.77% | +8.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.92% | 36.76% | -13.84% |
Volatility
RELY vs. AMSC - Volatility Comparison
The current volatility for Remitly Global, Inc. (RELY) is 13.78%, while American Superconductor Corporation (AMSC) has a volatility of 22.71%. This indicates that RELY 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.
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Volatility by Period
| RELY | AMSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.78% | 22.71% | -8.93% |
Volatility (6M)Calculated over the trailing 6-month period | 37.91% | 55.16% | -17.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.49% | 85.29% | -29.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.08% | 87.45% | -28.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.08% | 79.21% | -20.13% |
Dividends
RELY vs. AMSC - Dividend Comparison
Neither RELY nor AMSC has paid dividends to shareholders.
Financials
RELY vs. AMSC - Financials Comparison
This section allows you to compare key financial metrics between Remitly Global, Inc. and American Superconductor Corporation. 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
RELY vs. AMSC - Profitability Comparison
RELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a gross profit of 0.00 and revenue of 452.80M. Therefore, the gross margin over that period was 0.0%.
AMSC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported a gross profit of 23.60M and revenue of 86.41M. Therefore, the gross margin over that period was 27.3%.
RELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.
AMSC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported an operating income of -522.00K and revenue of 86.41M, resulting in an operating margin of -0.6%.
RELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.
AMSC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Superconductor Corporation reported a net income of 4.53M and revenue of 86.41M, resulting in a net margin of 5.2%.
Frequently Asked Questions
RELY and AMSC have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMSC has higher volatility (22.71%) compared to RELY (13.78%). In terms of maximum drawdown, RELY dropped -86.99% vs AMSC's -99.57%.
AMSC currently has the higher Sharpe Ratio (0.48 vs 0.05), 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.
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