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Marine Shipping
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Marine Shipping

Last updated Nov 13, 2024

Marine Shipping - plus HAFN which is not recogonized

Asset Allocation

TRMD 7.14%FRO 7.14%TDW 7.14%INSW 7.14%STNG 7.14%MATX 7.14%KEX 7.14%ZIM 7.14%SBLK 7.14%SFL 7.14%LPG 7.14%CMRE 7.14%NMM 7.14%EURN 7.14%EquityEquity
PositionCategory/SectorWeight
CMRE
Costamare Inc.		Industrials
7.14%
EURN
Euronav NV		Energy
7.14%
FRO
Frontline Ltd.		Energy
7.14%
INSW
International Seaways, Inc.		Energy
7.14%
KEX
Kirby Corporation		Industrials
7.14%
LPG
Dorian LPG Ltd.		Energy
7.14%
MATX
Matson, Inc.		Industrials
7.14%
NMM
Navios Maritime Partners L.P.		Industrials
7.14%
SBLK
Star Bulk Carriers Corp.		Industrials
7.14%
SFL
SFL Corporation Ltd.		Industrials
7.14%
STNG
Scorpio Tankers Inc.		Energy
7.14%
TDW
Tidewater Inc.		Energy
7.14%
TRMD
TORM plc		Energy
7.14%
ZIM
ZIM Integrated Shipping Services Ltd.		Industrials
7.14%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Marine Shipping, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-11.55%
14.05%
Marine Shipping
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jan 28, 2021, corresponding to the inception date of ZIM

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		25.45%2.91%14.05%35.64%14.13%11.39%
Marine Shipping21.03%-8.84%-11.56%31.99%N/AN/A
Portfolio components:
TRMD
TORM plc		-14.14%-26.65%-34.00%-14.10%33.78%N/A
FRO
Frontline Ltd.		-1.04%-20.09%-28.02%-6.22%23.78%18.33%
TDW
Tidewater Inc.		-24.57%-17.78%-49.69%-10.47%31.53%-26.04%
INSW
International Seaways, Inc.		0.53%-17.28%-28.96%-1.96%18.66%N/A
STNG
Scorpio Tankers Inc.		-11.18%-23.62%-32.64%-6.99%13.41%-1.37%
MATX
Matson, Inc.		51.15%20.23%43.34%75.25%37.35%19.23%
KEX
Kirby Corporation		65.88%5.20%12.16%69.57%9.48%2.20%
ZIM
ZIM Integrated Shipping Services Ltd.		160.13%14.12%37.30%229.17%N/AN/A
SBLK
Star Bulk Carriers Corp.		1.36%-3.59%-16.40%14.93%28.15%-2.89%
SFL
SFL Corporation Ltd.		-4.86%-12.28%-24.77%-1.91%2.15%5.04%
LPG
Dorian LPG Ltd.		-32.18%-20.50%-36.19%-19.59%33.65%13.11%
CMRE
Costamare Inc.		39.44%-1.38%1.38%57.09%17.81%2.95%
NMM
Navios Maritime Partners L.P.		75.64%-17.79%9.09%119.43%25.43%-9.64%
EURN
Euronav NV		24.45%0.00%7.94%25.38%N/AN/A

Monthly Returns

The table below presents the monthly returns of Marine Shipping, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20248.33%0.92%5.07%4.65%22.81%-3.02%-3.17%-2.54%3.25%-11.78%21.03%
20235.72%15.24%-8.12%0.41%-9.09%10.29%10.83%-0.99%4.29%0.42%3.84%7.49%44.56%
20224.36%17.89%11.86%-4.21%17.95%-10.90%10.51%2.52%-6.33%17.18%3.12%-2.71%72.84%
20210.19%22.69%9.97%8.40%7.69%-0.23%-10.37%9.84%6.26%-2.70%-6.72%4.32%55.94%

Expense Ratio

Marine Shipping has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Marine Shipping is 13, indicating that it is in the bottom 13% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of Marine Shipping is 1313
Combined Rank
The Sharpe Ratio Rank of Marine Shipping is 1212Sharpe Ratio Rank
The Sortino Ratio Rank of Marine Shipping is 1111Sortino Ratio Rank
The Omega Ratio Rank of Marine Shipping is 1010Omega Ratio Rank
The Calmar Ratio Rank of Marine Shipping is 2424Calmar Ratio Rank
The Martin Ratio Rank of Marine Shipping is 99Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. 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.

Marine Shipping
Sharpe ratio
The chart of Sharpe ratio for Marine Shipping, currently valued at 1.47, compared to the broader market0.002.004.006.001.47
Sortino ratio
The chart of Sortino ratio for Marine Shipping, currently valued at 2.01, compared to the broader market-2.000.002.004.006.002.01
Omega ratio
The chart of Omega ratio for Marine Shipping, currently valued at 1.25, compared to the broader market0.801.001.201.401.601.802.001.25
Calmar ratio
The chart of Calmar ratio for Marine Shipping, currently valued at 1.90, compared to the broader market0.005.0010.0015.001.90
Martin ratio
The chart of Martin ratio for Marine Shipping, currently valued at 4.91, compared to the broader market0.0010.0020.0030.0040.0050.0060.004.91
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.90, compared to the broader market0.002.004.006.002.90
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.87, compared to the broader market-2.000.002.004.006.003.87
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market0.801.001.201.401.601.802.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.19, compared to the broader market0.005.0010.0015.004.19
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.72, compared to the broader market0.0010.0020.0030.0040.0050.0060.0018.72
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
TRMD
TORM plc		-0.38-0.330.96-0.31-1.08
FRO
Frontline Ltd.		-0.160.031.00-0.18-0.46
TDW
Tidewater Inc.		-0.200.041.00-0.20-0.51
INSW
International Seaways, Inc.		-0.040.151.02-0.04-0.10
STNG
Scorpio Tankers Inc.		-0.24-0.140.98-0.20-0.65
MATX
Matson, Inc.		2.533.581.423.2813.52
KEX
Kirby Corporation		2.453.241.454.1213.51
ZIM
ZIM Integrated Shipping Services Ltd.		2.983.011.392.9213.67
SBLK
Star Bulk Carriers Corp.		0.621.061.120.591.62
SFL
SFL Corporation Ltd.		0.030.221.030.030.08
LPG
Dorian LPG Ltd.		-0.44-0.390.95-0.40-0.84
CMRE
Costamare Inc.		1.982.561.311.486.30
NMM
Navios Maritime Partners L.P.		3.244.531.553.2219.58
EURN
Euronav NV		1.051.621.301.443.71

Sharpe Ratio

The current Marine Shipping Sharpe ratio is 1.47. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 2.07 to 2.98, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Marine Shipping with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
1.47
2.90
Marine Shipping
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Marine Shipping provided a 9.73% dividend yield over the last twelve months.

TTM20232022202120202019201820172016201520142013
Portfolio9.73%11.95%18.52%3.73%7.09%1.84%2.57%2.32%5.32%7.39%3.20%1.97%
Portfolio components:
TRMD
TORM plc		26.67%23.05%6.99%0.00%14.89%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FRO
Frontline Ltd.		10.30%14.31%1.24%0.00%25.72%0.78%0.00%6.54%14.77%1.67%0.00%0.00%
TDW
Tidewater Inc.		0.00%0.00%0.00%0.00%0.12%0.00%0.00%0.04%0.00%14.75%3.17%1.73%
INSW
International Seaways, Inc.		13.88%13.83%3.84%9.26%1.47%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
STNG
Scorpio Tankers Inc.		2.92%1.73%0.74%3.12%3.57%1.27%2.27%1.31%11.04%6.17%4.49%1.10%
MATX
Matson, Inc.		0.81%1.15%1.95%1.18%1.58%2.11%2.56%2.61%2.09%1.64%1.91%2.37%
KEX
Kirby Corporation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ZIM
ZIM Integrated Shipping Services Ltd.		4.80%64.84%160.27%7.65%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SBLK
Star Bulk Carriers Corp.		10.65%7.38%33.80%9.93%0.57%0.42%0.00%0.00%0.00%0.00%0.00%0.00%
SFL
SFL Corporation Ltd.		10.43%8.60%9.54%7.73%15.92%9.63%13.30%10.32%12.12%10.50%11.54%7.14%
LPG
Dorian LPG Ltd.		15.05%9.12%29.02%7.88%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CMRE
Costamare Inc.		3.29%4.42%10.34%3.40%4.83%4.20%9.11%8.67%17.32%11.04%6.30%5.91%
NMM
Navios Maritime Partners L.P.		0.41%0.72%0.77%0.80%6.25%6.44%7.06%0.00%0.00%51.06%17.42%9.27%
EURN
Euronav NV		36.97%18.12%0.70%1.35%24.31%0.96%1.73%3.02%17.16%6.59%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-18.02%
-0.29%
Marine Shipping
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Marine Shipping. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Marine Shipping was 24.47%, occurring on Jul 6, 2022. Recovery took 31 trading sessions.

The current Marine Shipping drawdown is 18.02%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.47%Jun 8, 202219Jul 6, 202231Aug 18, 202250
-18.28%Jun 3, 2024105Oct 30, 2024———
-18.01%Jun 17, 202122Jul 19, 202149Sep 27, 202171
-16.68%Mar 2, 202363May 31, 202340Jul 28, 2023103
-15.89%Oct 21, 202129Dec 1, 202146Feb 7, 202275

Volatility

Volatility Chart

The current Marine Shipping volatility is 6.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.47%
3.86%
Marine Shipping
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
ZIMTDWMATXKEXSBLKEURNTRMDLPGNMMCMREFROINSWSTNGSFL
ZIM1.000.170.420.260.410.200.280.260.440.540.240.240.300.34
TDW0.171.000.280.470.260.290.350.440.330.340.350.400.370.46
MATX0.420.281.000.490.350.240.280.350.430.540.270.290.310.39
KEX0.260.470.491.000.330.300.310.410.380.440.300.370.340.48
SBLK0.410.260.350.331.000.320.360.370.610.570.380.400.430.49
EURN0.200.290.240.300.321.000.530.430.360.360.710.580.550.51
TRMD0.280.350.280.310.360.531.000.470.380.420.610.590.600.54
LPG0.260.440.350.410.370.430.471.000.440.470.500.560.540.56
NMM0.440.330.430.380.610.360.380.441.000.610.420.450.490.51
CMRE0.540.340.540.440.570.360.420.470.611.000.410.450.460.56
FRO0.240.350.270.300.380.710.610.500.420.411.000.710.670.61
INSW0.240.400.290.370.400.580.590.560.450.450.711.000.710.62
STNG0.300.370.310.340.430.550.600.540.490.460.670.711.000.59
SFL0.340.460.390.480.490.510.540.560.510.560.610.620.591.00
The correlation results are calculated based on daily price changes starting from Jan 29, 2021