The short-period, eclipsing, magnetically active binary system XY UMa
has been observed over several orbital cycles at X-ray wavelengths. Th
e X-ray light curves vary owing to obvious flares and other lower leve
l activity on time-scales of days. These data caution against deducing
coronal structure on the basis of a single orbit of X-ray data. In co
ntrast to similar binary systems, XY UMa shows no significant X-ray ec
lipses. This is interpreted as evidence for either extended (> 1 R.) c
oronae or a compact corona at high, uneclipsed latitudes on the primar
y star. The extended coronal scenario is favoured by some observationa
l features of other systems such as extended radio coronae, long-durat
ion X-ray flares and cool prominences, but unfavoured by others such a
s high coronal densities from EUV spectroscopy. A high-latitude compac
t corona might be associated with the high-latitude starspots seen in
many active stars. Nearly simultaneous optical light curves suggest th
at some equatorial spots were present at the time of the X-ray observa
tions, but fewer than in previous or subsequent years and that high-la
titude spots must also be present. It is speculated that the lack of X
-ray eclipses and dearth of equatorial, compact coronal regions are as
sociated with a minimum in XY UMa's magnetic activity cycle.