XOS vs. CMCO
XOS (Xos, Inc.) and CMCO (Columbus McKinnon Corporation) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 3 years, XOS returned -13.63%/yr vs -25.71%/yr for CMCO. At a 0.24 correlation, their price movements are largely independent.
Performance
XOS vs. CMCO - Performance Comparison
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Returns By Period
In the year-to-date period, XOS achieves a 312.15% return, which is significantly higher than CMCO's -9.38% return.
XOS
- 1D
- 234.53%
- 1M
- 314.44%
- YTD
- 312.15%
- 6M
- 217.45%
- 1Y
- 136.83%
- 3Y*
- -13.63%
- 5Y*
- —
- 10Y*
- —
CMCO
- 1D
- -2.02%
- 1M
- 5.15%
- YTD
- -9.38%
- 6M
- -8.21%
- 1Y
- 5.91%
- 3Y*
- -25.71%
- 5Y*
- -20.37%
- 10Y*
- 0.83%
XOS vs. CMCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XOS Xos, Inc. | 312.15% | -44.14% | -59.40% | -39.94% | -85.94% | -58.28% |
CMCO Columbus McKinnon Corporation | -9.38% | -52.93% | -3.85% | 21.12% | -29.26% | 7.44% |
Correlation
The correlation between XOS and CMCO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2021 | 0.24 |
Fundamentals
XOS:
$86.33M
CMCO:
$448.87M
XOS:
-$1.96
CMCO:
$0.21
XOS:
1.49
CMCO:
0.45
XOS:
4.36
CMCO:
0.49
XOS:
$51.34M
CMCO:
$1.00B
XOS:
$5.85M
CMCO:
$336.35M
XOS:
-$17.36M
CMCO:
$76.21M
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Return for Risk
XOS vs. CMCO — Risk / Return Rank
XOS
CMCO
XOS vs. CMCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xos, Inc. (XOS) and Columbus McKinnon Corporation (CMCO). 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.
| XOS | CMCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +4.44 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.06 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 2.40 | 0.15 | +2.25 |
| Martin ratioReturn relative to average drawdown | 3.77 | 0.31 | +3.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XOS | CMCO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 0.11 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.46 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.02 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.35 | 0.01 | -0.37 |
Drawdowns
XOS vs. CMCO - Drawdown Comparison
The maximum XOS drawdown since its inception was -99.36%, roughly equal to the maximum CMCO drawdown of -95.20%. Use the drawdown chart below to compare losses from any high point for XOS and CMCO.
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Drawdown Indicators
| XOS | CMCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -95.20% | -4.16% |
Max Drawdown (1Y)Largest decline over 1 year | -57.41% | -40.14% | -17.27% |
Max Drawdown (3Y)Largest decline over 3 years | -90.86% | -72.13% | -18.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -75.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -76.37% | — |
Current DrawdownCurrent decline from peak | -97.03% | -70.46% | -26.57% |
Average DrawdownAverage peak-to-trough decline | -88.57% | -38.52% | -50.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.41% | 19.17% | +17.24% |
Volatility
XOS vs. CMCO - Volatility Comparison
Xos, Inc. (XOS) has a higher volatility of 120.55% compared to Columbus McKinnon Corporation (CMCO) at 13.43%. This indicates that XOS's price experiences larger fluctuations and is considered to be riskier than CMCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XOS | CMCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 120.55% | 13.43% | +107.12% |
Volatility (6M)Calculated over the trailing 6-month period | 130.66% | 33.57% | +97.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 242.83% | 52.55% | +190.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.02% | 44.67% | +100.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 145.02% | 43.86% | +101.16% |
Dividends
XOS vs. CMCO - Dividend Comparison
XOS has not paid dividends to shareholders, while CMCO's dividend yield for the trailing twelve months is around 1.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCO Columbus McKinnon Corporation | 1.81% | 1.62% | 0.75% | 0.72% | 0.83% | 0.52% | 0.62% | 0.57% | 0.63% | 0.40% | 0.59% | 0.85% |
XOS Xos, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
XOS vs. CMCO - Financials Comparison
This section allows you to compare key financial metrics between Xos, Inc. and Columbus McKinnon 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
XOS vs. CMCO - Profitability Comparison
XOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Xos, Inc. reported a gross profit of 4.33M and revenue of 11.23M. Therefore, the gross margin over that period was 38.6%.
CMCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Columbus McKinnon Corporation reported a gross profit of 89.16M and revenue of 258.66M. Therefore, the gross margin over that period was 34.5%.
XOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Xos, Inc. reported an operating income of -4.68M and revenue of 11.23M, resulting in an operating margin of -41.7%.
CMCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Columbus McKinnon Corporation reported an operating income of 16.17M and revenue of 258.66M, resulting in an operating margin of 6.3%.
XOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Xos, Inc. reported a net income of -4.95M and revenue of 11.23M, resulting in a net margin of -44.1%.
CMCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Columbus McKinnon Corporation reported a net income of 6.00M and revenue of 258.66M, resulting in a net margin of 2.3%.
Frequently Asked Questions
XOS and CMCO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XOS has higher volatility (120.55%) compared to CMCO (13.43%). In terms of maximum drawdown, XOS dropped -99.36% vs CMCO's -95.20%.
XOS currently has the higher Sharpe Ratio (0.57 vs 0.11), 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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