XNET vs. INSM

Last updated Jun 4, 2026

XNET (Xunlei Limited) and INSM (Insmed Incorporated) are both stocks. XNET operates in Advertising Agencies (Communication Services), while INSM operates in Biotechnology (Healthcare). Over the past 10 years, XNET returned -2.17%/yr vs 24.16%/yr for INSM. At a 0.22 correlation, their price movements are largely independent.

Performance

XNET vs. INSM - Performance Comparison

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

Returns By Period

In the year-to-date period, XNET achieves a -29.76% return, which is significantly higher than INSM's -40.32% return. Over the past 10 years, XNET has underperformed INSM with an annualized return of -2.17%, while INSM has yielded a comparatively higher 24.16% annualized return.

XNET

• 1D: -7.95%
• 1M: -20.06%
• YTD: -29.76%
• 6M: -31.69%
• 1Y: -14.29%
• 3Y*: 51.22%
• 5Y*: 0.66%
• 10Y*: -2.17%

INSM

• 1D: 0.13%
• 1M: -25.82%
• YTD: -40.32%
• 6M: -49.77%
• 1Y: 42.12%
• 3Y*: 74.52%
• 5Y*: 32.61%
• 10Y*: 24.16%

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

XNET vs. INSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XNET Xunlei Limited	-29.76%	256.28%	22.84%	-10.99%	-9.45%	-30.45%	-41.02%	44.12%	-77.91%	298.70%
INSM Insmed Incorporated	-40.32%	152.09%	122.78%	55.11%	-26.65%	-18.17%	39.41%	82.01%	-57.92%	135.68%

Correlation

The correlation between XNET and INSM is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jun 25, 2014	0.22

The correlation between XNET and INSM shifts across timeframes, from 0.03 (1 year) to 0.22 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap XNET : $62.71M INSM : $22.38B
EPS XNET : $69.01 INSM : -$5.71
PS Ratio XNET : 0.13 INSM : 26.29
PB Ratio XNET : 0.05 INSM : 31.75
Total Revenue (TTM) XNET : $470.70M INSM : $819.56M
Gross Profit (TTM) XNET : $231.40M INSM : $668.55M
EBITDA (TTM) XNET : $1.09B INSM : -$1.14B

Return for Risk

XNET vs. INSM — Risk / Return Rank

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

XNET

XNET Risk / Return Rank: 35
XNET Sharpe Ratio Rank: 34
XNET Sortino Ratio Rank: 37
XNET Omega Ratio Rank: 37
XNET Calmar Ratio Rank: 32
XNET Martin Ratio Rank: 33

INSM

INSM Risk / Return Rank: 62
INSM Sharpe Ratio Rank: 65
INSM Sortino Ratio Rank: 62
INSM Omega Ratio Rank: 68
INSM Calmar Ratio Rank: 58
INSM Martin Ratio Rank: 59

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.

XNET vs. INSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xunlei Limited (XNET) 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.

	XNET	INSM	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.73	-0.90
Sortino ratio: Return per unit of downside risk	0.33	1.40	-1.07
Omega ratio: Gain probability vs. loss probability	1.04	1.22	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.27	0.81	-1.08
Martin ratio: Return relative to average drawdown	-0.43	1.93	-2.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNET vs. INSM - Sharpe Ratio Comparison

The current XNET Sharpe Ratio is -0.18, which is lower than the INSM Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of XNET and INSM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XNET	INSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	0.73	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.45	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.02	0.31	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	-0.02	-0.08

Drawdowns

XNET vs. INSM - Drawdown Comparison

The maximum XNET drawdown since its inception was -96.03%, roughly equal to the maximum INSM drawdown of -98.65%. Use the drawdown chart below to compare losses from any high point for XNET and INSM.

Drawdown Indicators

	XNET	INSM	Difference
Max Drawdown Largest peak-to-trough decline	-96.03%	-98.65%	+2.62%
Max Drawdown (1Y) Largest decline over 1 year	-53.80%	-52.06%	-1.74%
Max Drawdown (3Y) Largest decline over 3 years	-53.80%	-52.06%	-1.74%
Max Drawdown (5Y) Largest decline over 5 years	-81.46%	-52.06%	-29.40%
Max Drawdown (10Y) Largest decline over 10 years	-96.03%	-64.84%	-31.19%
Current Drawdown Current decline from peak	-80.01%	-50.87%	-29.14%
Average Drawdown Average peak-to-trough decline	-74.74%	-86.12%	+11.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.46%	21.89%	+11.57%

Volatility

XNET vs. INSM - Volatility Comparison

The current volatility for Xunlei Limited (XNET) is 21.11%, while Insmed Incorporated (INSM) has a volatility of 30.56%. This indicates that XNET experiences smaller price fluctuations and is considered to be less risky than INSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNET	INSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.11%	30.56%	-9.45%
Volatility (6M) Calculated over the trailing 6-month period	39.41%	43.84%	-4.43%
Volatility (1Y) Calculated over the trailing 1-year period	81.97%	58.25%	+23.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.26%	72.66%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	87.64%	78.47%	+9.17%

Dividends

XNET vs. INSM - Dividend Comparison

Neither XNET nor INSM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both XNET and INSM in my portfolio?

XNET and INSM have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XNET or INSM?

INSM has higher volatility (30.56%) compared to XNET (21.11%). In terms of maximum drawdown, XNET dropped -96.03% vs INSM's -98.65%.

Which has better risk-adjusted returns?

INSM currently has the higher Sharpe Ratio (0.73 vs -0.18), 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.