EGLE vs. XTR

Last updated Jun 3, 2026

EGLE (Eagle Bulk Shipping Inc.) is a stock, while XTR (Global X S&P 500 Tail Risk ETF) is Equity Hedged fund tracking the Cboe S&P 500 Tail Risk Index. Over the past year, EGLE returned 17.66% vs 24.48% for XTR. Their correlation of 0.88 suggests significant overlap in exposure.

Performance

EGLE vs. XTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eagle Bulk Shipping Inc. (EGLE) and Global X S&P 500 Tail Risk ETF (XTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGLE achieves a 8.07% return, which is significantly lower than XTR's 9.37% return.

EGLE

• 1D: -0.40%
• 1M: 6.85%
• YTD: 8.07%
• 6M: 9.18%
• 1Y: 17.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XTR

• 1D: 0.18%
• 1M: 5.19%
• YTD: 9.37%
• 6M: 9.54%
• 1Y: 24.48%
• 3Y*: 18.80%
• 5Y*: —
• 10Y*: —

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

EGLE vs. XTR - Yearly Performance Comparison

	2026 (YTD)	2025
EGLE Eagle Bulk Shipping Inc.	8.07%	20.14%
XTR Global X S&P 500 Tail Risk ETF	9.37%	24.80%

Correlation

The correlation between EGLE and XTR is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (All Time) Calculated using the full available price history since Apr 17, 2025	0.88

The correlation between EGLE and XTR has been stable across timeframes, ranging from 0.88 to 0.88 - a consistent structural relationship.

Return for Risk

EGLE vs. XTR — Risk / Return Rank

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

EGLE

EGLE Risk / Return Rank: 79
EGLE Sharpe Ratio Rank: 84
EGLE Sortino Ratio Rank: 80
EGLE Omega Ratio Rank: 78
EGLE Calmar Ratio Rank: 72
EGLE Martin Ratio Rank: 80

XTR

XTR Risk / Return Rank: 65
XTR Sharpe Ratio Rank: 68
XTR Sortino Ratio Rank: 69
XTR Omega Ratio Rank: 66
XTR Calmar Ratio Rank: 58
XTR Martin Ratio Rank: 67

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.

EGLE vs. XTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eagle Bulk Shipping Inc. (EGLE) and Global X S&P 500 Tail Risk ETF (XTR). 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.

	EGLE	XTR	Difference
Sharpe ratio Return per unit of total volatility	1.67	2.29	-0.62
Sortino ratio Return per unit of downside risk	2.33	3.17	-0.84
Omega ratio Gain probability vs. loss probability	1.29	1.40	-0.11
Calmar ratio Return relative to maximum drawdown	1.82	2.92	-1.10
Martin ratio Return relative to average drawdown	6.80	12.47	-5.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGLE vs. XTR - Sharpe Ratio Comparison

The current EGLE Sharpe Ratio is 1.67, which is comparable to the XTR Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of EGLE and XTR, 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

	EGLE	XTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	2.29	-0.62
Sharpe Ratio (All Time) Calculated using the full available price history	2.29	0.73	+1.55

Drawdowns

EGLE vs. XTR - Drawdown Comparison

The maximum EGLE drawdown since its inception was -9.78%, smaller than the maximum XTR drawdown of -20.83%. Use the drawdown chart below to compare losses from any high point for EGLE and XTR.

Drawdown Indicators

	EGLE	XTR	Difference
Max Drawdown Largest peak-to-trough decline	-9.78%	-20.83%	+11.05%
Max Drawdown (1Y) Largest decline over 1 year	-9.78%	-8.51%	-1.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.35%	—
Current Drawdown Current decline from peak	-0.40%	0.00%	-0.40%
Average Drawdown Average peak-to-trough decline	-1.59%	-5.95%	+4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	1.99%	+0.62%

Volatility

EGLE vs. XTR - Volatility Comparison

The current volatility for Eagle Bulk Shipping Inc. (EGLE) is 2.45%, while Global X S&P 500 Tail Risk ETF (XTR) has a volatility of 2.94%. This indicates that EGLE experiences smaller price fluctuations and is considered to be less risky than XTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGLE	XTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.45%	2.94%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	8.12%	8.14%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	10.63%	10.73%	-0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.52%	13.79%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.52%	13.79%	-2.27%

Dividends

EGLE vs. XTR - Dividend Comparison

EGLE's dividend yield for the trailing twelve months is around 0.91%, less than XTR's 16.30% yield.

Position	TTM	2025	2024	2023	2022	2021
EGLE Eagle Bulk Shipping Inc.	0.91%	0.99%	0.00%	0.00%	0.00%	0.00%
XTR Global X S&P 500 Tail Risk ETF	16.30%	17.82%	20.89%	1.09%	1.08%	2.32%

Frequently Asked Questions

Can I hold both EGLE and XTR in my portfolio?

EGLE and XTR have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGLE or XTR?

XTR has higher volatility (2.94%) compared to EGLE (2.45%). In terms of maximum drawdown, EGLE dropped -9.78% vs XTR's -20.83%.

Which has better risk-adjusted returns?

XTR currently has the higher Sharpe Ratio (2.29 vs 1.67), 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.