XWEL vs. SES

Last updated Jun 4, 2026

XWEL (XWELL Inc.) and SES (SES AI Corp) are both stocks. XWEL operates in Diagnostics & Research (Healthcare), while SES operates in Auto Parts (Consumer Cyclical). Over the past 5 years, XWEL returned -45.24%/yr vs -33.20%/yr for SES. At a 0.08 correlation, their price movements are largely independent.

Performance

XWEL vs. SES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in XWELL Inc. (XWEL) and SES AI Corp (SES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XWEL achieves a 182.12% return, which is significantly higher than SES's -26.11% return.

XWEL

• 1D: -5.80%
• 1M: -2.26%
• YTD: 182.12%
• 6M: 62.50%
• 1Y: 36.23%
• 3Y*: -34.84%
• 5Y*: -45.24%
• 10Y*: —

SES

• 1D: -7.64%
• 1M: 29.13%
• YTD: -26.11%
• 6M: -33.50%
• 1Y: 45.31%
• 3Y*: -11.05%
• 5Y*: -33.20%
• 10Y*: —

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

XWEL vs. SES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XWEL XWELL Inc.	182.12%	-69.48%	-13.22%	-76.03%	-82.03%	10.99%
SES SES AI Corp	-26.11%	-17.81%	19.67%	-41.90%	-68.34%	-7.44%

Correlation

The correlation between XWEL and SES is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Mar 2, 2021	0.08

Fundamentals

Market Cap XWEL : $7.23M SES : $442.68M
EPS XWEL : -$4.69 SES : -$0.22
PS Ratio XWEL : 0.25 SES : 20.13
Total Revenue (TTM) XWEL : $29.21M SES : $21.92M
Gross Profit (TTM) XWEL : $7.51M SES : $7.97M
EBITDA (TTM) XWEL : -$24.97M SES : -$68.11M

Return for Risk

XWEL vs. SES — Risk / Return Rank

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

XWEL

XWEL Risk / Return Rank: 64
XWEL Sharpe Ratio Rank: 47
XWEL Sortino Ratio Rank: 88
XWEL Omega Ratio Rank: 83
XWEL Calmar Ratio Rank: 52
XWEL Martin Ratio Rank: 52

SES

SES Risk / Return Rank: 57
SES Sharpe Ratio Rank: 56
SES Sortino Ratio Rank: 61
SES Omega Ratio Rank: 61
SES Calmar Ratio Rank: 54
SES Martin Ratio Rank: 52

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.

XWEL vs. SES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for XWELL Inc. (XWEL) and SES AI Corp (SES). 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.

	XWEL	SES	Difference
Sharpe ratio: Return per unit of total volatility	0.15	0.43	-0.27
Sortino ratio: Return per unit of downside risk	2.97	1.34	+1.63
Omega ratio: Gain probability vs. loss probability	1.34	1.17	+0.17
Calmar ratio: Return relative to maximum drawdown	0.46	0.61	-0.15
Martin ratio: Return relative to average drawdown	1.01	1.03	-0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XWEL vs. SES - Sharpe Ratio Comparison

The current XWEL Sharpe Ratio is 0.15, which is lower than the SES Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of XWEL and SES, 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

	XWEL	SES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.43	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	-0.29	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	-0.38	-0.29	-0.09

Drawdowns

XWEL vs. SES - Drawdown Comparison

The maximum XWEL drawdown since its inception was -99.98%, roughly equal to the maximum SES drawdown of -97.58%. Use the drawdown chart below to compare losses from any high point for XWEL and SES.

Drawdown Indicators

	XWEL	SES	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-97.58%	-2.40%
Max Drawdown (1Y) Largest decline over 1 year	-78.38%	-74.08%	-4.30%
Max Drawdown (3Y) Largest decline over 3 years	-95.40%	-91.41%	-3.99%
Max Drawdown (5Y) Largest decline over 5 years	-99.34%	-97.58%	-1.76%
Current Drawdown Current decline from peak	-99.93%	-88.06%	-11.87%
Average Drawdown Average peak-to-trough decline	-94.90%	-65.68%	-29.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.83%	43.97%	-8.14%

Volatility

XWEL vs. SES - Volatility Comparison

XWELL Inc. (XWEL) and SES AI Corp (SES) have volatilities of 25.77% and 25.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XWEL	SES	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.77%	25.51%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	143.83%	77.46%	+66.37%
Volatility (1Y) Calculated over the trailing 1-year period	240.85%	107.58%	+133.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.85%	114.41%	+16.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	150.52%	111.58%	+38.94%

Dividends

XWEL vs. SES - Dividend Comparison

Neither XWEL nor SES has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both XWEL and SES in my portfolio?

XWEL and SES have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XWEL or SES?

XWEL has higher volatility (25.77%) compared to SES (25.51%). In terms of maximum drawdown, XWEL dropped -99.98% vs SES's -97.58%.

Which has better risk-adjusted returns?

SES currently has the higher Sharpe Ratio (0.43 vs 0.15), 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.