CMRE vs. SHIP
CMRE (Costamare Inc.) and SHIP (Seanergy Maritime Holdings Corp.) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, CMRE returned 15.02%/yr vs -47.33%/yr for SHIP. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
CMRE vs. SHIP - Performance Comparison
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Returns By Period
In the year-to-date period, CMRE achieves a 0.91% return, which is significantly lower than SHIP's 95.36% return. Over the past 10 years, CMRE has outperformed SHIP with an annualized return of 15.02%, while SHIP has yielded a comparatively lower -47.33% annualized return.
CMRE
- 1D
- 0.39%
- 1M
- 10.18%
- 6M
- -5.75%
- YTD
- 0.91%
- 1Y
- 56.57%
- 3Y*
- 28.50%
- 5Y*
- 19.29%
- 10Y*
- 15.02%
- ALL TIME*
- 10.12%
SHIP
- 1D
- -1.85%
- 1M
- 30.23%
- 6M
- 66.96%
- YTD
- 95.36%
- 1Y
- 169.24%
- 3Y*
- 56.49%
- 5Y*
- 19.08%
- 10Y*
- -47.33%
- ALL TIME*
- -44.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
CMRE Costamare Inc. | $5.55M | $5.70M | $7.34M |
| $4.37M | $3.67M | $3.77M |
CMRE vs. SHIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMRE Costamare Inc. | 0.91% | 73.07% | 28.07% | 17.60% | -21.93% | 59.04% | -7.26% | 132.86% | -19.11% | 9.57% |
SHIP Seanergy Maritime Holdings Corp. | 95.36% | 38.48% | -3.81% | 61.04% | -36.53% | 70.83% | -93.89% | -92.71% | -51.66% | -9.57% |
Correlation
The correlation between CMRE and SHIP is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2010 | 0.26 |
Over the past year, CMRE and SHIP have become more correlated (0.61) than their long-term average of 0.26, meaning their price movements have been converging.
Fundamentals
CMRE:
$1.88B
SHIP:
$369.29M
CMRE:
$2.81
SHIP:
$2.87
CMRE:
5.54
SHIP:
6.10
CMRE:
2.24
SHIP:
1.87
CMRE:
0.85
SHIP:
1.18
CMRE:
$839.45M
SHIP:
$194.95M
CMRE:
$481.90M
SHIP:
$98.85M
CMRE:
$541.47M
SHIP:
$114.01M
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Return for Risk
CMRE vs. SHIP — Risk / Return Rank
CMRE
SHIP
CMRE vs. SHIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Costamare Inc. (CMRE) and Seanergy Maritime Holdings Corp. (SHIP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CMRE | SHIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.52 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 9.04 | -6.25 |
| Martin ratioReturn relative to average drawdown | 7.91 | 20.34 | -12.44 |
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Drawdowns
CMRE vs. SHIP - Drawdown Comparison
The maximum CMRE drawdown since its inception was -78.24%, smaller than the maximum SHIP drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for CMRE and SHIP.
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Drawdown Indicators
| CMRE | SHIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.24% | -100.00% | +21.76% |
Max Drawdown (1Y)Largest decline over 1 year | -21.43% | -18.88% | -2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -50.07% | -57.61% | +7.54% |
Max Drawdown (5Y)Largest decline over 5 years | -52.88% | -69.11% | +16.23% |
Max Drawdown (10Y)Largest decline over 10 years | -66.54% | -99.98% | +33.44% |
Current DrawdownCurrent decline from peak | -11.69% | -100.00% | +88.31% |
Average DrawdownAverage peak-to-trough decline | -33.30% | -91.09% | +57.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.55% | 8.37% | -0.82% |
Volatility
CMRE vs. SHIP - Volatility Comparison
The current volatility for Costamare Inc. (CMRE) is 8.13%, while Seanergy Maritime Holdings Corp. (SHIP) has a volatility of 16.86%. This indicates that CMRE experiences smaller price fluctuations and is considered to be less risky than SHIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMRE | SHIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | 16.86% | -8.73% |
Volatility (6M)Calculated over the trailing 6-month period | 24.00% | 37.71% | -13.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.00% | 44.98% | -12.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.11% | 51.90% | -13.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.60% | 97.78% | -54.18% |
Dividends
CMRE vs. SHIP - Dividend Comparison
CMRE's dividend yield for the trailing twelve months is around 3.02%, less than SHIP's 3.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMRE Costamare Inc. | 3.02% | 2.54% | 3.58% | 4.42% | 9.11% | 3.40% | 4.83% | 4.20% | 9.11% | 6.93% | 17.32% | 11.04% |
SHIP Seanergy Maritime Holdings Corp. | 3.32% | 3.58% | 10.58% | 1.28% | 25.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CMRE vs. SHIP - Financials Comparison
This section allows you to compare key financial metrics between Costamare Inc. and Seanergy Maritime Holdings Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CMRE vs. SHIP - Profitability Comparison
CMRE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Costamare Inc. reported a gross profit of 102.68M and revenue of 200.75M. Therefore, the gross margin over that period was 51.2%.
SHIP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Seanergy Maritime Holdings Corp. reported a gross profit of 33.04M and revenue of 55.69M. Therefore, the gross margin over that period was 59.3%.
CMRE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Costamare Inc. reported an operating income of 89.97M and revenue of 200.75M, resulting in an operating margin of 44.8%.
SHIP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Seanergy Maritime Holdings Corp. reported an operating income of 25.90M and revenue of 55.69M, resulting in an operating margin of 46.5%.
CMRE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Costamare Inc. reported a net income of 82.65M and revenue of 200.75M, resulting in a net margin of 41.2%.
SHIP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Seanergy Maritime Holdings Corp. reported a net income of 25.56M and revenue of 55.69M, resulting in a net margin of 45.9%.
Frequently Asked Questions
CMRE and SHIP have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHIP has higher volatility (16.86%) compared to CMRE (8.13%). In terms of maximum drawdown, CMRE dropped -78.24% vs SHIP's -100.00%.
SHIP currently has the higher Sharpe Ratio (3.80 vs 1.90), 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.
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