BELFA vs. ZIM

Last updated Jun 3, 2026

BELFA (Bel Fuse Inc.) and ZIM (ZIM Integrated Shipping Services Ltd.) are both stocks. BELFA operates in Electronic Components (Technology), while ZIM operates in Marine Shipping (Industrials). Over the past 5 years, BELFA returned 74.47%/yr vs 20.82%/yr for ZIM. At a 0.11 correlation, their price movements are largely independent.

Performance

BELFA vs. ZIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bel Fuse Inc. (BELFA) and ZIM Integrated Shipping Services Ltd. (ZIM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BELFA achieves a 56.77% return, which is significantly higher than ZIM's 22.75% return.

BELFA

• 1D: -0.59%
• 1M: -7.14%
• YTD: 56.77%
• 6M: 73.29%
• 1Y: 275.26%
• 3Y*: 70.10%
• 5Y*: 74.47%
• 10Y*: 33.03%

ZIM

• 1D: 1.98%
• 1M: -4.07%
• YTD: 22.75%
• 6M: 32.96%
• 1Y: 57.00%
• 3Y*: 44.69%
• 5Y*: 20.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BELFA vs. ZIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BELFA Bel Fuse Inc.	56.77%	68.98%	39.80%	102.03%	117.06%	6.94%
ZIM ZIM Integrated Shipping Services Ltd.	22.75%	28.11%	176.93%	-21.06%	-52.70%	463.11%

Correlation

The correlation between BELFA and ZIM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021	0.11

Fundamentals

Market Cap BELFA : $503.01M ZIM : $3.04B
EPS BELFA : $7.60 ZIM : $0.81
PE Ratio BELFA : 31.28 ZIM : 31.03
PEG Ratio BELFA : 0.76 ZIM : 0.18
PS Ratio BELFA : 2.45 ZIM : 0.48
PB Ratio BELFA : 0.53 ZIM : 0.79
Total Revenue (TTM) BELFA : $701.71M ZIM : $6.29B
Gross Profit (TTM) BELFA : $275.20M ZIM : $676.00M
EBITDA (TTM) BELFA : $135.78M ZIM : $1.73B

Return for Risk

BELFA vs. ZIM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BELFA

BELFA Risk / Return Rank: 97
BELFA Sharpe Ratio Rank: 98
BELFA Sortino Ratio Rank: 96
BELFA Omega Ratio Rank: 95
BELFA Calmar Ratio Rank: 98
BELFA Martin Ratio Rank: 98

ZIM

ZIM Risk / Return Rank: 73
ZIM Sharpe Ratio Rank: 73
ZIM Sortino Ratio Rank: 76
ZIM Omega Ratio Rank: 72
ZIM Calmar Ratio Rank: 73
ZIM Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BELFA vs. ZIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bel Fuse Inc. (BELFA) and ZIM Integrated Shipping Services Ltd. (ZIM). 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.

	BELFA	ZIM	Difference
Sharpe ratio Return per unit of total volatility	5.14	1.08	+4.06
Sortino ratio Return per unit of downside risk	4.46	2.10	+2.37
Omega ratio Gain probability vs. loss probability	1.59	1.24	+0.35
Calmar ratio Return relative to maximum drawdown	12.61	1.93	+10.68
Martin ratio Return relative to average drawdown	39.44	4.68	+34.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BELFA vs. ZIM - Sharpe Ratio Comparison

The current BELFA Sharpe Ratio is 5.14, which is higher than the ZIM Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of BELFA and ZIM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BELFA	ZIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.14	1.08	+4.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.51	0.32	+1.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.76	-0.63

Drawdowns

BELFA vs. ZIM - Drawdown Comparison

The maximum BELFA drawdown since its inception was -89.86%, which is greater than ZIM's maximum drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for BELFA and ZIM.

Drawdown Indicators

	BELFA	ZIM	Difference
Max Drawdown Largest peak-to-trough decline	-89.86%	-84.68%	-5.18%
Max Drawdown (1Y) Largest decline over 1 year	-21.82%	-30.66%	+8.84%
Max Drawdown (3Y) Largest decline over 3 years	-43.43%	-57.12%	+13.69%
Max Drawdown (5Y) Largest decline over 5 years	-43.43%	-84.68%	+41.25%
Max Drawdown (10Y) Largest decline over 10 years	-78.04%	—	—
Current Drawdown Current decline from peak	-12.16%	-11.70%	-0.46%
Average Drawdown Average peak-to-trough decline	-50.50%	-40.07%	-10.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.98%	12.62%	-5.64%

Volatility

BELFA vs. ZIM - Volatility Comparison

Bel Fuse Inc. (BELFA) has a higher volatility of 17.06% compared to ZIM Integrated Shipping Services Ltd. (ZIM) at 14.46%. This indicates that BELFA's price experiences larger fluctuations and is considered to be riskier than ZIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BELFA	ZIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.06%	14.46%	+2.60%
Volatility (6M) Calculated over the trailing 6-month period	38.57%	37.53%	+1.04%
Volatility (1Y) Calculated over the trailing 1-year period	53.93%	52.94%	+0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.77%	65.96%	-16.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.87%	67.73%	-6.86%

Dividends

BELFA vs. ZIM - Dividend Comparison

BELFA's dividend yield for the trailing twelve months is around 0.10%, less than ZIM's 4.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BELFA Bel Fuse Inc.	0.10%	0.16%	0.27%	0.39%	0.78%	1.60%	1.81%	1.48%	1.75%	1.10%	0.95%	1.64%
ZIM ZIM Integrated Shipping Services Ltd.	4.96%	20.16%	22.40%	64.84%	160.27%	7.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

BELFA vs. ZIM - Profitability Comparison

The chart below illustrates the profitability comparison between Bel Fuse Inc. and ZIM Integrated Shipping Services Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BELFA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bel Fuse Inc. reported a gross profit of 69.60M and revenue of 178.49M. Therefore, the gross margin over that period was 39.0%.

ZIM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ZIM Integrated Shipping Services Ltd. reported a gross profit of 46.80M and revenue of 1.40B. Therefore, the gross margin over that period was 3.4%.

BELFA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bel Fuse Inc. reported an operating income of 23.67M and revenue of 178.49M, resulting in an operating margin of 13.3%.

ZIM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ZIM Integrated Shipping Services Ltd. reported an operating income of -39.00M and revenue of 1.40B, resulting in an operating margin of -2.8%.

BELFA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bel Fuse Inc. reported a net income of 11.38M and revenue of 178.49M, resulting in a net margin of 6.4%.

ZIM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ZIM Integrated Shipping Services Ltd. reported a net income of -86.00M and revenue of 1.40B, resulting in a net margin of -6.2%.

Frequently Asked Questions

Can I hold both BELFA and ZIM in my portfolio?

BELFA and ZIM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BELFA or ZIM?

BELFA has higher volatility (17.06%) compared to ZIM (14.46%). In terms of maximum drawdown, BELFA dropped -89.86% vs ZIM's -84.68%.

Which has better risk-adjusted returns?

BELFA currently has the higher Sharpe Ratio (5.14 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.