ECO vs. TRMD
ECO (Okeanis Eco Tankers Corp) and TRMD (TORM plc) are both stocks. ECO operates in Marine Shipping (Industrials), while TRMD operates in Oil & Gas Midstream (Energy). Over the past year, ECO returned 156.80% vs 77.92% for TRMD. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
ECO vs. TRMD - Performance Comparison
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Returns By Period
In the year-to-date period, ECO achieves a 73.56% return, which is significantly higher than TRMD's 58.13% return.
ECO
- 1D
- 5.19%
- 1M
- 10.41%
- 6M
- 54.36%
- YTD
- 73.56%
- 1Y
- 156.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TRMD
- 1D
- 5.06%
- 1M
- 1.83%
- 6M
- 37.79%
- YTD
- 58.13%
- 1Y
- 77.92%
- 3Y*
- 22.26%
- 5Y*
- 44.51%
- 10Y*
- —
ECO vs. TRMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ECO Okeanis Eco Tankers Corp | 73.56% | 71.94% | -11.70% | -1.25% |
TRMD TORM plc | 58.13% | 11.21% | -23.37% | 13.22% |
Correlation
The correlation between ECO and TRMD is 0.71, 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 | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2023 | 0.70 |
The correlation between ECO and TRMD has been stable across timeframes, ranging from 0.70 to 0.71 - a consistent structural relationship.
Fundamentals
ECO:
$1.80B
TRMD:
$3.02B
ECO:
$5.73
TRMD:
$3.40
ECO:
9.59
TRMD:
8.67
ECO:
0.91
TRMD:
0.09
ECO:
3.96
TRMD:
2.12
ECO:
2.89
TRMD:
1.34
ECO:
$481.57M
TRMD:
$1.41B
ECO:
$274.61M
TRMD:
$575.03M
ECO:
$284.05M
TRMD:
$639.99M
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Return for Risk
ECO vs. TRMD — Risk / Return Rank
ECO
TRMD
ECO vs. TRMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Okeanis Eco Tankers Corp (ECO) and TORM plc (TRMD). 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.
| ECO | TRMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.33 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 9.25 | 3.50 | +5.74 |
| Martin ratioReturn relative to average drawdown | 25.78 | 9.19 | +16.59 |
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Drawdowns
ECO vs. TRMD - Drawdown Comparison
The maximum ECO drawdown since its inception was -46.15%, smaller than the maximum TRMD drawdown of -60.59%. Use the drawdown chart below to compare losses from any high point for ECO and TRMD.
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Drawdown Indicators
| ECO | TRMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.15% | -60.59% | +14.44% |
Max Drawdown (1Y)Largest decline over 1 year | -17.66% | -23.53% | +5.87% |
Max Drawdown (3Y)Largest decline over 3 years | — | -60.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.59% | — |
Current DrawdownCurrent decline from peak | -3.00% | -13.49% | +10.49% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -22.50% | +7.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.33% | 8.96% | -2.63% |
Volatility
ECO vs. TRMD - Volatility Comparison
Okeanis Eco Tankers Corp (ECO) has a higher volatility of 15.55% compared to TORM plc (TRMD) at 13.04%. This indicates that ECO's price experiences larger fluctuations and is considered to be riskier than TRMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECO | TRMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.55% | 13.04% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 31.07% | 29.13% | +1.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.32% | 38.27% | +3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.27% | 46.26% | -3.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.27% | 59.70% | -17.43% |
Dividends
ECO vs. TRMD - Dividend Comparison
ECO's dividend yield for the trailing twelve months is around 9.10%, more than TRMD's 8.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ECO Okeanis Eco Tankers Corp | 9.10% | 6.26% | 15.57% | 0.00% | 0.00% | 0.00% | 0.00% |
TRMD TORM plc | 8.21% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% |
Financials
ECO vs. TRMD - Financials Comparison
This section allows you to compare key financial metrics between Okeanis Eco Tankers Corp and TORM plc. 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
ECO vs. TRMD - Profitability Comparison
ECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
TRMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TORM plc reported a gross profit of 157.74M and revenue of 395.84M. Therefore, the gross margin over that period was 39.9%.
ECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
TRMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TORM plc reported an operating income of 135.10M and revenue of 395.84M, resulting in an operating margin of 34.1%.
ECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
TRMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TORM plc reported a net income of 120.52M and revenue of 395.84M, resulting in a net margin of 30.5%.
Frequently Asked Questions
ECO and TRMD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ECO has higher volatility (15.55%) compared to TRMD (13.04%). In terms of maximum drawdown, ECO dropped -46.15% vs TRMD's -60.59%.
ECO currently has the higher Sharpe Ratio (3.96 vs 2.16), 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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