DAC vs. KEX
DAC (Danaos Corporation) and KEX (Kirby Corporation) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, DAC returned 12.39%/yr vs 7.65%/yr for KEX. At a 0.27 correlation, their price movements are largely independent.
Performance
DAC vs. KEX - Performance Comparison
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Returns By Period
In the year-to-date period, DAC achieves a 38.38% return, which is significantly higher than KEX's 31.42% return. Over the past 10 years, DAC has outperformed KEX with an annualized return of 12.39%, while KEX has yielded a comparatively lower 7.65% annualized return.
DAC
- 1D
- -0.33%
- 1M
- 4.79%
- YTD
- 38.38%
- 6M
- 32.28%
- 1Y
- 57.63%
- 3Y*
- 33.16%
- 5Y*
- 20.11%
- 10Y*
- 12.39%
KEX
- 1D
- 0.99%
- 1M
- 0.22%
- YTD
- 31.42%
- 6M
- 28.19%
- 1Y
- 27.76%
- 3Y*
- 24.73%
- 5Y*
- 16.29%
- 10Y*
- 7.65%
DAC vs. KEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DAC Danaos Corporation | 38.38% | 22.24% | 12.41% | 47.51% | -26.57% | 256.10% | 133.44% | -12.57% | -48.28% | -45.28% |
KEX Kirby Corporation | 31.42% | 4.14% | 34.81% | 21.96% | 8.30% | 14.64% | -42.11% | 32.91% | 0.84% | 0.45% |
Correlation
The correlation between DAC and KEX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2006 | 0.27 |
The correlation between DAC and KEX shifts across timeframes, from 0.16 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DAC:
$28.34
KEX:
$6.37
DAC:
4.53
KEX:
22.73
DAC:
2.26
KEX:
2.40
DAC:
$1.04B
KEX:
$3.36B
DAC:
$705.76M
KEX:
$883.42M
DAC:
$739.01M
KEX:
$781.87M
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Return for Risk
DAC vs. KEX — Risk / Return Rank
DAC
KEX
DAC vs. KEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Danaos Corporation (DAC) and Kirby Corporation (KEX). 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.
| DAC | KEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.91 | ||
| Sortino ratioReturn per unit of downside risk | +2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.21 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 4.61 | 0.82 | +3.78 |
| Martin ratioReturn relative to average drawdown | 14.74 | 1.99 | +12.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DAC | KEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.71 | 0.80 | +1.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.51 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.21 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.21 | -0.24 |
Drawdowns
DAC vs. KEX - Drawdown Comparison
The maximum DAC drawdown since its inception was -99.42%, which is greater than KEX's maximum drawdown of -75.42%. Use the drawdown chart below to compare losses from any high point for DAC and KEX.
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Drawdown Indicators
| DAC | KEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.42% | -75.42% | -24.00% |
Max Drawdown (1Y)Largest decline over 1 year | -12.58% | -33.83% | +21.25% |
Max Drawdown (3Y)Largest decline over 3 years | -28.87% | -38.76% | +9.89% |
Max Drawdown (5Y)Largest decline over 5 years | -50.14% | -38.76% | -11.38% |
Max Drawdown (10Y)Largest decline over 10 years | -95.81% | -63.34% | -32.47% |
Current DrawdownCurrent decline from peak | -67.11% | -5.11% | -62.00% |
Average DrawdownAverage peak-to-trough decline | -80.47% | -28.63% | -51.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 13.98% | -10.06% |
Volatility
DAC vs. KEX - Volatility Comparison
Danaos Corporation (DAC) has a higher volatility of 7.26% compared to Kirby Corporation (KEX) at 6.28%. This indicates that DAC's price experiences larger fluctuations and is considered to be riskier than KEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAC | KEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 6.28% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 16.62% | 17.13% | -0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.45% | 34.90% | -13.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.65% | 32.05% | +2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.05% | 35.96% | +29.09% |
Dividends
DAC vs. KEX - Dividend Comparison
DAC's dividend yield for the trailing twelve months is around 2.77%, while KEX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DAC Danaos Corporation | 2.77% | 3.66% | 4.06% | 4.12% | 5.70% | 2.01% |
KEX Kirby Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
DAC vs. KEX - Financials Comparison
This section allows you to compare key financial metrics between Danaos Corporation and Kirby Corporation. 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. KEX - 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%.
KEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kirby Corporation reported a gross profit of 223.49M and revenue of 851.78M. Therefore, the gross margin over that period was 26.2%.
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%.
KEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kirby Corporation reported an operating income of 127.89M and revenue of 851.78M, resulting in an operating margin of 15.0%.
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%.
KEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kirby Corporation reported a net income of 91.81M and revenue of 851.78M, resulting in a net margin of 10.8%.
Frequently Asked Questions
DAC and KEX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DAC has higher volatility (7.26%) compared to KEX (6.28%). In terms of maximum drawdown, DAC dropped -99.42% vs KEX's -75.42%.
DAC currently has the higher Sharpe Ratio (2.71 vs 0.80), 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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