DHT vs. ASC
DHT (DHT Holdings, Inc.) and ASC (Ardmore Shipping Corporation) are both stocks. DHT operates in Oil & Gas Midstream (Energy), while ASC operates in Marine Shipping (Industrials). Over the past 10 years, DHT returned 24.05%/yr vs 11.06%/yr for ASC. Their 0.52 correlation means they have sometimes moved together and sometimes differently.
Performance
DHT vs. ASC - Performance Comparison
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Returns By Period
In the year-to-date period, DHT achieves a 61.57% return, which is significantly lower than ASC's 69.11% return. Over the past 10 years, DHT has outperformed ASC with an annualized return of 24.05%, while ASC has yielded a comparatively lower 11.06% annualized return.
DHT
- 1D
- 0.11%
- 1M
- 8.09%
- 6M
- 37.66%
- YTD
- 61.57%
- 1Y
- 82.61%
- 3Y*
- 35.37%
- 5Y*
- 35.42%
- 10Y*
- 24.05%
- ALL TIME*
- -1.85%
ASC
- 1D
- 0.93%
- 1M
- 17.03%
- 6M
- 38.61%
- YTD
- 69.11%
- 1Y
- 70.55%
- 3Y*
- 13.58%
- 5Y*
- 42.36%
- 10Y*
- 11.06%
- ALL TIME*
- 5.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.27M | $9.31M | $11.54M | |
| $42.84M | $48.22M | $57.35M |
DHT vs. ASC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHT DHT Holdings, Inc. | 61.57% | 40.04% | 3.58% | 24.07% | 73.87% | 1.41% | -20.52% | 118.96% | 11.32% | -9.26% |
ASC Ardmore Shipping Corporation | 69.11% | -10.36% | -8.18% | 5.81% | 326.33% | 3.36% | -63.57% | 93.79% | -41.63% | 8.11% |
Correlation
The correlation between DHT and ASC is 0.73, 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. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2013 | 0.52 |
Over the past year, DHT and ASC have become more correlated (0.73) than their long-term average of 0.52, meaning their price movements have been converging.
Fundamentals
DHT:
$2.99B
ASC:
$709.56M
DHT:
$2.06
ASC:
$2.67
DHT:
9.02
ASC:
6.50
DHT:
0.30
ASC:
0.01
DHT:
5.28
ASC:
1.93
DHT:
2.43
ASC:
1.02
DHT:
$566.07M
ASC:
$368.29M
DHT:
$268.69M
ASC:
$139.43M
DHT:
$450.13M
ASC:
$146.65M
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Return for Risk
DHT vs. ASC — Risk / Return Rank
DHT
ASC
DHT vs. ASC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DHT Holdings, Inc. (DHT) and Ardmore Shipping Corporation (ASC). 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.
| DHT | ASC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.28 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.93 | 2.48 | +2.45 |
| Martin ratioReturn relative to average drawdown | 11.25 | 6.24 | +5.01 |
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Drawdowns
DHT vs. ASC - Drawdown Comparison
The maximum DHT drawdown since its inception was -97.12%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for DHT and ASC.
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Drawdown Indicators
| DHT | ASC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.12% | -80.11% | -17.01% |
Max Drawdown (1Y)Largest decline over 1 year | -17.18% | -27.10% | +9.92% |
Max Drawdown (3Y)Largest decline over 3 years | -24.96% | -61.41% | +36.45% |
Max Drawdown (5Y)Largest decline over 5 years | -34.44% | -61.41% | +26.97% |
Max Drawdown (10Y)Largest decline over 10 years | -39.56% | -71.21% | +31.65% |
Current DrawdownCurrent decline from peak | -62.70% | -17.20% | -45.50% |
Average DrawdownAverage peak-to-trough decline | -76.28% | -38.79% | -37.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.52% | 10.76% | -3.24% |
Volatility
DHT vs. ASC - Volatility Comparison
The current volatility for DHT Holdings, Inc. (DHT) is 11.42%, while Ardmore Shipping Corporation (ASC) has a volatility of 12.68%. This indicates that DHT experiences smaller price fluctuations and is considered to be less risky than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DHT | ASC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.42% | 12.68% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 29.62% | 30.55% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.45% | 38.34% | -1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.75% | 45.58% | -6.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.69% | 51.12% | -9.43% |
Dividends
DHT vs. ASC - Dividend Comparison
DHT's dividend yield for the trailing twelve months is around 7.92%, more than ASC's 3.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASC Ardmore Shipping Corporation | 3.74% | 2.83% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% |
DHT DHT Holdings, Inc. | 7.92% | 6.06% | 10.76% | 11.72% | 1.35% | 2.50% | 25.81% | 2.42% | 2.04% | 5.57% | 17.15% | 6.55% |
Financials
DHT vs. ASC - Financials Comparison
This section allows you to compare key financial metrics between DHT Holdings, Inc. and Ardmore Shipping 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
DHT vs. ASC - Profitability Comparison
DHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, DHT Holdings, Inc. reported a gross profit of 112.62M and revenue of 186.48M. Therefore, the gross margin over that period was 60.4%.
ASC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Ardmore Shipping Corporation reported a gross profit of 55.55M and revenue of 116.21M. Therefore, the gross margin over that period was 47.8%.
DHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, DHT Holdings, Inc. reported an operating income of 107.66M and revenue of 186.48M, resulting in an operating margin of 57.7%.
ASC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Ardmore Shipping Corporation reported an operating income of 49.78M and revenue of 116.21M, resulting in an operating margin of 42.8%.
DHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, DHT Holdings, Inc. reported a net income of 164.53M and revenue of 186.48M, resulting in a net margin of 88.2%.
ASC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Ardmore Shipping Corporation reported a net income of 60.51M and revenue of 116.21M, resulting in a net margin of 52.1%.
Frequently Asked Questions
DHT and ASC have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASC has higher volatility (12.68%) compared to DHT (11.42%). In terms of maximum drawdown, DHT dropped -97.12% vs ASC's -80.11%.
DHT currently has the higher Sharpe Ratio (2.33 vs 1.76), 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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