DAC vs. AGEM
DAC (Danaos Corporation) is a stock, while AGEM (abrdn Emerging Markets Dividend Active ETF) is Emerging Markets Equities fund actively managed by abrdn. Over the past year, DAC returned 52.23% vs 56.44% for AGEM. At a 0.40 correlation, their price movements are largely independent.
Performance
DAC vs. AGEM - Performance Comparison
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Returns By Period
In the year-to-date period, DAC achieves a 41.54% return, which is significantly higher than AGEM's 28.39% return.
DAC
- 1D
- 0.95%
- 1M
- -0.53%
- YTD
- 41.54%
- 6M
- 41.94%
- 1Y
- 52.23%
- 3Y*
- 31.85%
- 5Y*
- 16.62%
- 10Y*
- 13.38%
AGEM
- 1D
- 0.40%
- 1M
- 1.36%
- YTD
- 28.39%
- 6M
- 30.42%
- 1Y
- 56.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DAC vs. AGEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DAC Danaos Corporation | 41.54% | 16.57% |
AGEM abrdn Emerging Markets Dividend Active ETF | 28.39% | 29.73% |
Correlation
The correlation between DAC and AGEM is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2025 | 0.40 |
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Return for Risk
DAC vs. AGEM — Risk / Return Rank
DAC
AGEM
DAC vs. AGEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Danaos Corporation (DAC) and abrdn Emerging Markets Dividend Active ETF (AGEM). 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.
| DAC | AGEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.45 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 3.88 | +0.63 |
| Martin ratioReturn relative to average drawdown | 14.35 | 14.50 | -0.15 |
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Drawdowns
DAC vs. AGEM - Drawdown Comparison
The maximum DAC drawdown since its inception was -99.42%, which is greater than AGEM's maximum drawdown of -15.58%. Use the drawdown chart below to compare losses from any high point for DAC and AGEM.
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Drawdown Indicators
| DAC | AGEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.42% | -15.58% | -83.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.58% | -13.92% | +1.34% |
Max Drawdown (3Y)Largest decline over 3 years | -28.87% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -50.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -95.81% | — | — |
Current DrawdownCurrent decline from peak | -66.36% | -3.82% | -62.54% |
Average DrawdownAverage peak-to-trough decline | -80.43% | -2.31% | -78.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 3.72% | +0.23% |
Volatility
DAC vs. AGEM - Volatility Comparison
The current volatility for Danaos Corporation (DAC) is 6.04%, while abrdn Emerging Markets Dividend Active ETF (AGEM) has a volatility of 10.95%. This indicates that DAC experiences smaller price fluctuations and is considered to be less risky than AGEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAC | AGEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.04% | 10.95% | -4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 16.51% | 19.56% | -3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.41% | 21.78% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.36% | 22.46% | +11.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.00% | 22.46% | +42.54% |
Dividends
DAC vs. AGEM - Dividend Comparison
DAC's dividend yield for the trailing twelve months is around 2.70%, more than AGEM's 1.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AGEM abrdn Emerging Markets Dividend Active ETF | 1.75% | 1.80% | 0.00% | 0.00% | 0.00% | 0.00% |
DAC Danaos Corporation | 2.70% | 3.66% | 4.06% | 4.12% | 5.70% | 2.01% |
Frequently Asked Questions
DAC and AGEM have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGEM has higher volatility (10.95%) compared to DAC (6.04%). In terms of maximum drawdown, DAC dropped -99.42% vs AGEM's -15.58%.
DAC currently has the higher Sharpe Ratio (2.66 vs 2.48), 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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