CMS Energy Corporation

10-Year Study

CMS.US · Utilities · US · Common Stock

Executive Summary: CMS Energy Corporation has compounded at 9.6% annually over the last 10 years, with a maximum drawdown of 22.3% and an annualized volatility of 19.0%.

1Y CAGR
+15.1%
3Y CAGR
+14.1%
5Y CAGR
+7.7%
10Y CAGR
+9.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
22.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.38
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.66
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
16.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +30.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · -5.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20262.210.0-0.60.7————————12.5%
2025-1.011.52.8-1.9-3.9-1.46.5-2.32.40.43.3-7.38.1%
2024-1.61.35.20.44.7-5.48.95.54.1-1.40.9-4.418.6%
2023-0.2-5.94.11.4-6.11.33.9-7.2-5.52.35.42.3-5.2%
2022-1.00.19.3-1.84.1-5.01.8-1.1-13.8-2.07.93.70.2%
2021-6.8-4.113.15.2-1.9-5.84.64.5-6.91.0-1.810.59.7%
20209.0-11.3-2.8-2.83.4-0.39.9-5.11.53.1-2.2-0.9-0.3%
20195.84.32.10.01.73.20.59.01.40.6-4.12.530.0%
2018-5.4-4.36.74.2-1.52.52.22.6-0.51.16.0-4.78.2%
20172.45.30.51.55.2-2.4-0.05.7-4.64.43.9-5.217.0%
2016———-4.13.69.7-1.5-6.50.10.3-3.93.50.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 19.0%. The dominant macroeconomic risk driver is VTV.US, accounting for 46.3% of variance. Idiosyncratic stock-specific factors contribute 20.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019585.295217333443
2016-05-019929.023631328462
2016-06-0110888.218556518103
2016-07-0110726.779003669224
2016-08-0110033.71377511898
2016-09-0110043.28291053809
2016-10-0110076.743198626102
2016-11-019687.672291966363
2016-12-0110024.87341491391
2017-01-0110260.933212504515
2017-02-0110807.7364241852
2017-03-0110861.158815962077
2017-04-0111021.394305413849
2017-05-0111594.401738921035
2017-06-0111310.71806538698
2017-07-0111308.278252713895
2017-08-0111955.969302720549
2017-09-0111409.166091039868
2017-10-0111914.112256731665
2017-11-0112376.567658857153
2017-12-0111731.696652070039
2018-01-0111099.214823921571
2018-02-0110617.24092041141
2018-03-0111327.57495294647
2018-04-0111802.768078378189
2018-05-0111626.341104823226
2018-06-0111916.203524737166
2018-07-0112183.347169500441
2018-08-0112503.564661373011
2018-09-0112442.632716303655
2018-10-0112574.667773560035
2018-11-0113323.468463044761
2018-12-0112699.383392797166
2019-01-0113436.175134189696
2019-02-0114018.561587842762
2019-03-0114312.321370857866
2019-04-0114314.919612925303
2019-05-0114560.516860056148
2019-06-0115027.598400496836
2019-07-0115108.048846950867
2019-08-0116469.65443380503
2019-09-0116704.731969150627
2019-10-0116797.444850727825
2019-11-0116108.942388735037
2019-12-0116513.63443367829
2020-01-0118003.662887597515
2020-02-0115973.548628318304
2020-03-0115532.037592126693
2020-04-0115093.156483881394
2020-05-0115603.4892489813
2020-06-0115560.871741899504
2020-07-0117095.101996844085
2020-08-0116218.22698496188
2020-09-0116464.901551974348
2020-10-0116979.670340116223
2020-11-0116604.541220159823
2020-12-0116461.542848814
2021-01-0115347.213860670854
2021-02-0114711.69018815075
2021-03-0116644.782286326277
2021-04-0117506.669877502394
2021-05-0117174.443437537626
2021-06-0116172.53594762958
2021-07-0116914.365743762635
2021-08-0117676.474502373272
2021-09-0116463.69748857724
2021-10-0116634.57943332974
2021-11-0116339.298728128822
2021-12-0118060.665783686843
2022-01-0117874.637988833896
2022-02-0117898.941057928125
2022-03-0119557.126471016927
2022-04-0119207.599541188472
2022-05-0119998.3523342987
2022-06-0119001.831443798757
2022-07-0119348.063042224603
2022-08-0119140.045247435028
2022-09-0116504.540586442246
2022-10-0116167.307777615826
2022-11-0117447.227168739977
2022-12-0118092.890322498875
2023-01-0118052.902743363396
2023-02-0116984.138049037065
2023-03-0117678.24891159006
2023-04-0117931.70425668097
2023-05-0116833.12315033682
2023-06-0117056.667025773295
2023-07-0117730.213752938867
2023-08-0116446.428684592425
2023-09-0115544.93374482728
2023-10-0115904.948700562109
2023-11-0116762.59038396948
2023-12-0117149.443279108233
2024-01-0116880.7153404014
2024-02-0117099.221161097343
2024-03-0117984.42955912268
2024-04-0118064.91169145559
2024-05-0118911.20983022706
2024-06-0117889.466980145626
2024-07-0119473.158892008185
2024-08-0120552.18981108879
2024-09-0121391.13682596214
2024-10-0121082.199506967725
2024-11-0121273.392100076682
2024-12-0120339.545877984016
2025-01-0120141.192276250167
2025-02-0122467.22095830772
2025-03-0123100.780106337814
2025-04-0122651.75951685372
2025-05-0121762.52701221174
2025-06-0121468.133511619213
2025-07-0122868.77610124272
2025-08-0122340.35069930735
2025-09-0122867.888896634322
2025-10-0122958.415452569407
2025-11-0123726.29104113461
2025-12-0121993.358639788592
2026-01-0122483.9827882306
2026-02-0124737.165634763212
2026-03-0124581.904828294224
2026-04-0124749.8399863117
Annual Return Matrix
YearAnnual Return
20170.1702588318588545
20180.0824848075624578
20190.30034931011252786
2020-0.0031544591273047207
20210.09714295613476209
20220.0017842386985058578
2023-0.05214462844653667
20240.1860178518309119
20250.08131021074539824
20260.12533244201894234
Total Factor Risk
0.1900903575707272
VTI.US Exposure
-0.08277512626894103
VEA.US Exposure
-0.03364016004596391
VWO.US Exposure
0.036164474362798536
QQQ.US Exposure
0.06662173890719564
VTV.US Exposure
0.46278157209852055
IJR.US Exposure
-0.07552629631814375
QUAL.US Exposure
-0.02085477478640154
SHV.US Exposure
0.013103415348493165
TLT.US Exposure
-0.034800458047307144
LQD.US Exposure
0.031215448645637654
HYG.US Exposure
-0.007609238414255158
GLD.US Exposure
-0.003289255623911973
USO.US Exposure
0.013100929240259254
VNQ.US Exposure
0.2632315446980385
BTC-USD.CC Exposure
0.005803561291637741
CPER.US Exposure
-0.006513146014767771
VIX.INDX Exposure
0.01831510027780163
UUP.US Exposure
0.00005774568022514069
TIP.US Exposure
0.15424244889919117
Idiosyncratic Exposure
0.20037047606989308
Value Score
41.1
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
33.4
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
19.0%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →22.3x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.78%
Market Cap$24.2B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$181
Avg Yield on Cost
1.81%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$180.611.81%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+2.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+7.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.42
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is CMS Energy Corporation a high-risk investment?

CMS Energy Corporation (CMS.US) has an annualized volatility of 19.0% and experienced a maximum drawdown of 22.3% over the last 10 years. Its primary macro risk driver is VTV.US.

What is the 10-year return of CMS.US?

Over the past 10 years, CMS.US has generated a Compound Annual Growth Rate (CAGR) of 9.6%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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