DAC vs. ESEA
DAC (Danaos Corporation) and ESEA (Euroseas Ltd) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, DAC returned 13.39%/yr vs 24.38%/yr for ESEA. At a 0.28 correlation, their price movements are largely independent.
Performance
DAC vs. ESEA - Performance Comparison
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Returns By Period
In the year-to-date period, DAC achieves a 37.32% return, which is significantly higher than ESEA's 29.21% return. Over the past 10 years, DAC has underperformed ESEA with an annualized return of 13.39%, while ESEA has yielded a comparatively higher 24.38% annualized return.
DAC
- 1D
- 1.14%
- 1M
- -1.97%
- YTD
- 37.32%
- 6M
- 36.90%
- 1Y
- 50.89%
- 3Y*
- 29.12%
- 5Y*
- 16.05%
- 10Y*
- 13.39%
ESEA
- 1D
- 0.45%
- 1M
- 6.95%
- YTD
- 29.21%
- 6M
- 28.98%
- 1Y
- 63.24%
- 3Y*
- 79.23%
- 5Y*
- 42.03%
- 10Y*
- 24.38%
DAC vs. ESEA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DAC Danaos Corporation | 37.32% | 22.24% | 12.41% | 47.51% | -26.57% | 256.10% | 133.44% | -12.57% | -48.28% | -45.28% |
ESEA Euroseas Ltd | 29.21% | 140.95% | 23.60% | 83.39% | -21.02% | 358.75% | 33.42% | -27.32% | -58.82% | 0.59% |
Correlation
The correlation between DAC and ESEA is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2006 | 0.28 |
Over the past year, DAC and ESEA have become more correlated (0.49) than their long-term average of 0.28, meaning their price movements have been converging.
Fundamentals
DAC:
$2.32B
ESEA:
$481.75M
DAC:
$28.34
ESEA:
$18.99
DAC:
4.50
ESEA:
3.63
DAC:
2.24
ESEA:
2.12
DAC:
0.59
ESEA:
0.98
DAC:
$1.04B
ESEA:
$227.36M
DAC:
$705.76M
ESEA:
$148.47M
DAC:
$739.01M
ESEA:
$165.74M
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Return for Risk
DAC vs. ESEA — Risk / Return Rank
DAC
ESEA
DAC vs. ESEA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Danaos Corporation (DAC) and Euroseas Ltd (ESEA). 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 | ESEA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.26 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 3.46 | +0.60 |
| Martin ratioReturn relative to average drawdown | 12.93 | 7.05 | +5.88 |
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Drawdowns
DAC vs. ESEA - Drawdown Comparison
The maximum DAC drawdown since its inception was -99.42%, roughly equal to the maximum ESEA drawdown of -99.84%. Use the drawdown chart below to compare losses from any high point for DAC and ESEA.
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Drawdown Indicators
| DAC | ESEA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.42% | -99.84% | +0.42% |
Max Drawdown (1Y)Largest decline over 1 year | -12.58% | -18.36% | +5.78% |
Max Drawdown (3Y)Largest decline over 3 years | -28.87% | -38.00% | +9.13% |
Max Drawdown (5Y)Largest decline over 5 years | -50.14% | -51.28% | +1.14% |
Max Drawdown (10Y)Largest decline over 10 years | -95.81% | -95.54% | -0.27% |
Current DrawdownCurrent decline from peak | -67.36% | -86.88% | +19.52% |
Average DrawdownAverage peak-to-trough decline | -80.42% | -85.40% | +4.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 8.99% | -5.04% |
Volatility
DAC vs. ESEA - Volatility Comparison
The current volatility for Danaos Corporation (DAC) is 5.41%, while Euroseas Ltd (ESEA) has a volatility of 17.67%. This indicates that DAC experiences smaller price fluctuations and is considered to be less risky than ESEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAC | ESEA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 17.67% | -12.26% |
Volatility (6M)Calculated over the trailing 6-month period | 16.71% | 33.05% | -16.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.14% | 44.73% | -23.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.26% | 55.14% | -20.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.03% | 94.53% | -29.50% |
Dividends
DAC vs. ESEA - Dividend Comparison
DAC's dividend yield for the trailing twelve months is around 2.79%, less than ESEA's 5.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DAC Danaos Corporation | 2.79% | 3.66% | 4.06% | 4.12% | 5.70% | 2.01% |
ESEA Euroseas Ltd | 5.22% | 16.23% | 6.63% | 6.42% | 8.13% | 0.00% |
Financials
DAC vs. ESEA - Financials Comparison
This section allows you to compare key financial metrics between Danaos Corporation and Euroseas Ltd. 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
DAC vs. ESEA - Profitability Comparison
DAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Danaos Corporation reported a gross profit of 150.55M and revenue of 253.70M. Therefore, the gross margin over that period was 59.3%.
ESEA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Euroseas Ltd reported a gross profit of 37.73M and revenue of 55.84M. Therefore, the gross margin over that period was 67.6%.
DAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Danaos Corporation reported an operating income of 125.20M and revenue of 253.70M, resulting in an operating margin of 49.4%.
ESEA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Euroseas Ltd reported an operating income of 34.03M and revenue of 55.84M, resulting in an operating margin of 61.0%.
DAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Danaos Corporation reported a net income of 140.42M and revenue of 253.70M, resulting in a net margin of 55.4%.
ESEA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Euroseas Ltd reported a net income of 32.52M and revenue of 55.84M, resulting in a net margin of 58.2%.
Frequently Asked Questions
DAC and ESEA have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESEA has higher volatility (17.67%) compared to DAC (5.41%). In terms of maximum drawdown, DAC dropped -99.42% vs ESEA's -99.84%.
DAC currently has the higher Sharpe Ratio (2.42 vs 1.42), 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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