CMS monthly performance report
Monthly CMS research: returns, drawdown, relative strength, seasonality, and key stats.
CMS monthly report
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Key takeaways
- CMS Energy (CMS) closed September 2026 at $68.46, up 0.59% for the month and −4.31% over the trailing 12 months.
- Year-to-date, CMS is −2.10%, underperforming the S&P 500 which has returned +12.94% YTD.
- The stock is trading −6.99% versus its 200-day moving average ($73.61), a cautious technical signal.
- Over the past three years, CMS has underperformed the S&P 500 by −47.11%, with a relative strength index reading of 72.8.
- Win rate over the trailing 39 months stands at 51.3% — 20 positive months versus 18 negative months.
CMS Energy ended September 2026 at $68.46, posting a monthly return of +0.59%. The S&P 500 returned +0.41% over the same window, leaving relative performance at +0.18%.
The current quarter stands at −11.33% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −6.99% versus the 200-day moving average ($73.61).
Year-to-date, CMS is −2.10% against SPY +12.94%, a gap of −15.05%. The stock is currently −14.81% below its 52-week high, with maximum 3-year drawdown at −14.99%.
| Period | CMS | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +0.59% | +0.66% | −0.07% |
| 1 Week | −1.11% | −0.12% | −0.99% |
| 1 Month | +0.59% | +0.41% | +0.18% |
| 3 Months | −4.72% | +2.11% | −6.83% |
| 6 Months | −12.32% | +13.21% | −25.53% |
| YTD | −2.10% | +12.94% | −15.05% |
| 12 Months | −4.31% | +18.65% | −22.96% |
| 3 Years | +23.60% | +70.70% | −47.11% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2025 | +11.19% |
| #2 | Feb 2026 | +8.46% |
| #3 | Jul 2024 | +8.32% |
| #4 | Jun 2026 | +6.21% |
| #5 | Jul 2025 | +6.14% |
| Rank | Month | Return |
|---|---|---|
| #1 | Aug 2023 | −7.99% |
| #2 | Dec 2025 | −6.80% |
| #3 | Sep 2023 | −6.08% |
| #4 | Aug 2026 | −5.89% |
| #5 | Jul 2026 | −5.78% |
| Quarter | Return |
|---|---|
| Q2 2025 | −6.76% |
| Q3 2025 | +5.15% |
| Q4 2025 | −1.61% |
| Q1 2026 | +10.26% |
| Q2 2026 | +0.14% |
| Q3 2026 (QTD) | −11.33% |
| Year | Return |
|---|---|
| 2023 | −6.16% |
| 2024 | +13.73% |
| 2025 | +8.70% |
| 2026 | −2.11% |
| Metric | Value |
|---|---|
| 52-Week High | $80.36 (2026-04-09) |
| 52-Week Low | $67.19 (2026-09-02) |
| Current Price | $68.46 |
| 200-Day Moving Average | $73.61 |
| Price vs 200DMA | −6.99% |
| 3-Year Maximum Drawdown | −14.99% (2026-09-01) |
| Current Drawdown from 52W High | −14.81% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 72.8 |
| 3-Year Excess Return vs S&P 500 | −47.11% |
| RS Peak | 117.8 (Apr 2025) |
| RS Trough | 72.6 (Aug 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was CMS's return for this report period?
CMS returned +0.59% in the latest monthly window ending 2026-09-04.
Has CMS outperformed SPY year to date?
YTD CMS: −2.10% vs SPY: +12.94%.
What is CMS's 12-month return?
−4.31% over the trailing 12 months.
Is CMS above or below its 200-day moving average?
Price is −6.99% versus 200DMA ($73.61).
What is the maximum drawdown in the 3-year window?
−14.99% on 2026-09-01.