SKYX vs AMWL
Comparison between SKYX Platforms Corp (SKYX, Company) and American Well Corporation - Class A (AMWL, Company).
SKYX is from the Industrials sector, while AMWL is from the Healthcare sector.
5-Year PerformanceSKYX has outperformed AMWL, delivering a return of -23.2% compared to -49.0%
SKYX vs AMWL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SKYX vs AMWL - Historical Returns
Returns include dividend reinvestment.
SKYX vs AMWL - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | SKYX | AMWL |
|---|---|---|
| 2026 | -55.42% | +79.79% |
| 2025 | +93.75% | -30.26% |
| 2024 | -30.12% | -75.00% |
| 2023 | -42.24% | -47.16% |
| 2022 | +251900.00% | -54.28% |
| 2021 | -99.96% | -76.36% |
| 2020 | -25.00% | +9.80% |
| 2018 | +0.00% | N/A |
| 2017 | +5.00% | N/A |
| 2016 | -39.39% | N/A |
SKYX vs AMWL Drawdown Comparison
The maximum drawdown for SKYX was -99.98%, occurring on Aug 23, 2021. Recovery took 395 trading sessions.
The maximum drawdown for AMWL was -99.56%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The current SKYX drawdown is -93.22%. The current AMWL drawdown is -98.98%.
| Rank | SKYX | AMWL |
|---|---|---|
| #1 | -99.98% Jul 6, 2020 - Feb 10, 2022 | -99.56% Jan 27, 2021 - Nov 20, 2025 |
| #2 | -95.15% Mar 4, 2022 - Jul 9, 2024 | -44.09% Oct 7, 2020 - Jan 27, 2021 |
| #3 | -39.39% Aug 5, 2016 - Jul 6, 2020 | -4.28% Sep 30, 2020 - Oct 5, 2020 |
| #4 | -24.46% Feb 23, 2022 - Mar 3, 2022 | -2.74% Sep 23, 2020 - Sep 30, 2020 |
| #5 | -11.39% Feb 10, 2022 - Feb 15, 2022 | -1.17% Sep 17, 2020 - Sep 22, 2020 |
| #6 | -10.80% Feb 17, 2022 - Feb 23, 2022 | N/A |
Correlation
Correlation between SKYX and AMWL is 0.10 which considered as a very weak or no correlation - the stocks move independently of each other.
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