ECO vs. DHT

Last updated Jun 4, 2026

ECO (Okeanis Eco Tankers Corp) and DHT (DHT Holdings, Inc.) are both stocks. ECO operates in Marine Shipping (Industrials), while DHT operates in Oil & Gas Midstream (Energy). Over the past year, ECO returned 139.41% vs 57.65% for DHT. A 0.75 correlation means they provide meaningful diversification when combined.

Performance

ECO vs. DHT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Okeanis Eco Tankers Corp (ECO) and DHT Holdings, Inc. (DHT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECO achieves a 50.53% return, which is significantly higher than DHT's 42.60% return.

ECO

• 1D: -1.10%
• 1M: -10.64%
• YTD: 50.53%
• 6M: 40.48%
• 1Y: 139.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DHT

• 1D: -0.43%
• 1M: -8.64%
• YTD: 42.60%
• 6M: 34.76%
• 1Y: 57.65%
• 3Y*: 38.21%
• 5Y*: 30.54%
• 10Y*: 19.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ECO vs. DHT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ECO Okeanis Eco Tankers Corp	50.53%	71.94%	-11.70%	-1.51%
DHT DHT Holdings, Inc.	42.60%	40.04%	3.58%	0.20%

Correlation

The correlation between ECO and DHT is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Dec 11, 2023	0.75

The correlation between ECO and DHT has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.

Fundamentals

Market Cap ECO : $1.82B DHT : $2.64B
EPS ECO : $5.83 DHT : $2.06
PE Ratio ECO : 8.17 DHT : 7.96
PEG Ratio ECO : 0.77 DHT : 0.27
PS Ratio ECO : 3.37 DHT : 4.66
PB Ratio ECO : 2.51 DHT : 2.14
Total Revenue (TTM) ECO : $481.57M DHT : $566.07M
Gross Profit (TTM) ECO : $274.61M DHT : $268.69M
EBITDA (TTM) ECO : $284.05M DHT : $450.13M

Return for Risk

ECO vs. DHT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ECO

ECO Risk / Return Rank: 95
ECO Sharpe Ratio Rank: 96
ECO Sortino Ratio Rank: 94
ECO Omega Ratio Rank: 91
ECO Calmar Ratio Rank: 96
ECO Martin Ratio Rank: 96

DHT

DHT Risk / Return Rank: 82
DHT Sharpe Ratio Rank: 84
DHT Sortino Ratio Rank: 81
DHT Omega Ratio Rank: 77
DHT Calmar Ratio Rank: 86
DHT Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ECO vs. DHT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Okeanis Eco Tankers Corp (ECO) and DHT Holdings, Inc. (DHT). 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.

	ECO	DHT	Difference
Sharpe ratio Return per unit of total volatility	3.47	1.72	+1.74
Sortino ratio Return per unit of downside risk	3.98	2.43	+1.55
Omega ratio Gain probability vs. loss probability	1.46	1.28	+0.17
Calmar ratio Return relative to maximum drawdown	7.94	3.81	+4.13
Martin ratio Return relative to average drawdown	23.37	8.15	+15.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECO vs. DHT - Sharpe Ratio Comparison

The current ECO Sharpe Ratio is 3.47, which is higher than the DHT Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of ECO and DHT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ECO	DHT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.47	1.72	+1.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	-0.05	+0.98

Drawdowns

ECO vs. DHT - Drawdown Comparison

The maximum ECO drawdown since its inception was -46.15%, smaller than the maximum DHT drawdown of -97.12%. Use the drawdown chart below to compare losses from any high point for ECO and DHT.

Drawdown Indicators

	ECO	DHT	Difference
Max Drawdown Largest peak-to-trough decline	-46.15%	-97.12%	+50.97%
Max Drawdown (1Y) Largest decline over 1 year	-17.66%	-15.22%	-2.44%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.56%	—
Current Drawdown Current decline from peak	-13.05%	-67.08%	+54.03%
Average Drawdown Average peak-to-trough decline	-15.22%	-76.39%	+61.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.99%	7.09%	-1.10%

Volatility

ECO vs. DHT - Volatility Comparison

Okeanis Eco Tankers Corp (ECO) has a higher volatility of 12.23% compared to DHT Holdings, Inc. (DHT) at 9.39%. This indicates that ECO's price experiences larger fluctuations and is considered to be riskier than DHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECO	DHT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.23%	9.39%	+2.84%
Volatility (6M) Calculated over the trailing 6-month period	29.99%	26.86%	+3.13%
Volatility (1Y) Calculated over the trailing 1-year period	40.60%	33.65%	+6.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.99%	38.26%	+3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.99%	41.58%	+0.41%

Dividends

ECO vs. DHT - Dividend Comparison

ECO's dividend yield for the trailing twelve months is around 10.49%, more than DHT's 8.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHT DHT Holdings, Inc.	8.97%	6.06%	10.76%	11.72%	1.35%	2.50%	25.81%	2.42%	2.04%	5.57%	17.15%	6.55%
ECO Okeanis Eco Tankers Corp	10.49%	6.26%	15.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

ECO vs. DHT - Profitability Comparison

The chart below illustrates the profitability comparison between Okeanis Eco Tankers Corp and DHT Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ECO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Okeanis Eco Tankers Corp reported a gross profit of 109.68M and revenue of 170.17M. Therefore, the gross margin over that period was 64.5%.

DHT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

ECO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Okeanis Eco Tankers Corp reported an operating income of 98.06M and revenue of 170.17M, resulting in an operating margin of 57.6%.

DHT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported an operating income of 107.66M and revenue of 186.48M, resulting in an operating margin of 57.7%.

ECO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Okeanis Eco Tankers Corp reported a net income of 88.32M and revenue of 170.17M, resulting in a net margin of 51.9%.

DHT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported a net income of 164.53M and revenue of 186.48M, resulting in a net margin of 88.2%.

Frequently Asked Questions

Can I hold both ECO and DHT in my portfolio?

ECO and DHT have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ECO or DHT?

ECO has higher volatility (12.23%) compared to DHT (9.39%). In terms of maximum drawdown, ECO dropped -46.15% vs DHT's -97.12%.

Which has better risk-adjusted returns?

ECO currently has the higher Sharpe Ratio (3.47 vs 1.72), 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.