XWEL vs. TMC

Last updated Jun 3, 2026

XWEL (XWELL Inc.) and TMC (TMC the metals company Inc.) are both stocks. XWEL operates in Diagnostics & Research (Healthcare), while TMC operates in Other Industrial Metals & Mining (Basic Materials). Over the past 3 years, XWEL returned -33.53%/yr vs 113.65%/yr for TMC. At a 0.11 correlation, their price movements are largely independent.

Performance

XWEL vs. TMC - Performance Comparison

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

Returns By Period

In the year-to-date period, XWEL achieves a 199.48% return, which is significantly higher than TMC's 5.19% return.

XWEL

• 1D: 11.29%
• 1M: 7.81%
• YTD: 199.48%
• 6M: 77.61%
• 1Y: 42.56%
• 3Y*: -33.53%
• 5Y*: -44.83%
• 10Y*: —

TMC

• 1D: 2.04%
• 1M: 20.19%
• YTD: 5.19%
• 6M: -12.30%
• 1Y: 63.07%
• 3Y*: 113.65%
• 5Y*: —
• 10Y*: —

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

XWEL vs. TMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XWEL XWELL Inc.	199.48%	-69.48%	-13.22%	-76.03%	-82.03%	16.09%
TMC TMC the metals company Inc.	5.19%	450.89%	1.82%	42.86%	-62.98%	-77.90%

Correlation

The correlation between XWEL and TMC is 0.10, 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	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Sep 13, 2021	0.11

Fundamentals

Market Cap XWEL : $7.67M TMC : $2.09T
EPS XWEL : -$4.69 TMC : -$0.00
Total Revenue (TTM) XWEL : $29.21M TMC : $0.00
Gross Profit (TTM) XWEL : $7.51M TMC : -$136.00K
EBITDA (TTM) XWEL : -$24.97M TMC : -$296.72M

Return for Risk

XWEL vs. TMC — Risk / Return Rank

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

XWEL

XWEL Risk / Return Rank: 66
XWEL Sharpe Ratio Rank: 47
XWEL Sortino Ratio Rank: 88
XWEL Omega Ratio Rank: 83
XWEL Calmar Ratio Rank: 55
XWEL Martin Ratio Rank: 55

TMC

TMC Risk / Return Rank: 60
TMC Sharpe Ratio Rank: 61
TMC Sortino Ratio Rank: 67
TMC Omega Ratio Rank: 62
TMC Calmar Ratio Rank: 56
TMC Martin Ratio Rank: 54

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. TMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for XWELL Inc. (XWEL) and TMC the metals company Inc. (TMC). 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	TMC	Difference
Sharpe ratio Return per unit of total volatility	0.18	0.61	-0.43
Sortino ratio Return per unit of downside risk	3.06	1.63	+1.43
Omega ratio Gain probability vs. loss probability	1.35	1.18	+0.17
Calmar ratio Return relative to maximum drawdown	0.66	0.73	-0.07
Martin ratio Return relative to average drawdown	1.45	1.23	+0.22
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. TMC - Sharpe Ratio Comparison

The current XWEL Sharpe Ratio is 0.18, which is lower than the TMC Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of XWEL and TMC, 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	TMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	0.61	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.38	-0.07	-0.32

Drawdowns

XWEL vs. TMC - Drawdown Comparison

The maximum XWEL drawdown since its inception was -99.98%, roughly equal to the maximum TMC drawdown of -95.58%. Use the drawdown chart below to compare losses from any high point for XWEL and TMC.

Drawdown Indicators

	XWEL	TMC	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-95.58%	-4.40%
Max Drawdown (1Y) Largest decline over 1 year	-78.38%	-61.65%	-16.73%
Max Drawdown (3Y) Largest decline over 3 years	-95.40%	-74.56%	-20.84%
Max Drawdown (5Y) Largest decline over 5 years	-99.34%	—	—
Current Drawdown Current decline from peak	-99.92%	-47.87%	-52.05%
Average Drawdown Average peak-to-trough decline	-94.89%	-79.64%	-15.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.80%	36.86%	-1.06%

Volatility

XWEL vs. TMC - Volatility Comparison

XWELL Inc. (XWEL) has a higher volatility of 25.29% compared to TMC the metals company Inc. (TMC) at 23.98%. This indicates that XWEL's price experiences larger fluctuations and is considered to be riskier than TMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XWEL	TMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.29%	23.98%	+1.31%
Volatility (6M) Calculated over the trailing 6-month period	143.70%	69.66%	+74.04%
Volatility (1Y) Calculated over the trailing 1-year period	240.83%	104.14%	+136.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.83%	113.10%	+17.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	150.54%	113.10%	+37.44%

Dividends

XWEL vs. TMC - Dividend Comparison

Neither XWEL nor TMC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both XWEL and TMC in my portfolio?

XWEL and TMC have a correlation of 0.10, 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 TMC?

XWEL has higher volatility (25.29%) compared to TMC (23.98%). In terms of maximum drawdown, XWEL dropped -99.98% vs TMC's -95.58%.

Which has better risk-adjusted returns?

TMC currently has the higher Sharpe Ratio (0.61 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.