ESEA vs. FSLR
ESEA (Euroseas Ltd) and FSLR (First Solar, Inc.) are both stocks. ESEA operates in Marine Shipping (Industrials), while FSLR operates in Solar (Technology). Over the past 10 years, ESEA returned 24.22%/yr vs 18.76%/yr for FSLR. At a 0.18 correlation, their price movements are largely independent.
Performance
ESEA vs. FSLR - Performance Comparison
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Returns By Period
In the year-to-date period, ESEA achieves a 34.11% return, which is significantly higher than FSLR's 2.33% return. Over the past 10 years, ESEA has outperformed FSLR with an annualized return of 24.22%, while FSLR has yielded a comparatively lower 18.76% annualized return.
ESEA
- 1D
- 5.44%
- 1M
- 3.94%
- YTD
- 34.11%
- 6M
- 32.79%
- 1Y
- 73.97%
- 3Y*
- 83.12%
- 5Y*
- 41.40%
- 10Y*
- 24.22%
FSLR
- 1D
- -1.42%
- 1M
- 14.54%
- YTD
- 2.33%
- 6M
- 4.91%
- 1Y
- 52.57%
- 3Y*
- 10.90%
- 5Y*
- 27.42%
- 10Y*
- 18.76%
ESEA vs. FSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESEA Euroseas Ltd | 34.11% | 140.95% | 23.60% | 83.39% | -21.02% | 358.75% | 33.42% | -27.32% | -58.82% | 0.59% |
FSLR First Solar, Inc. | 2.33% | 48.22% | 2.30% | 15.01% | 71.86% | -11.89% | 76.77% | 31.81% | -37.12% | 110.41% |
Correlation
The correlation between ESEA and FSLR is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2006 | 0.18 |
Fundamentals
ESEA:
$499.99M
FSLR:
$28.77B
ESEA:
$18.99
FSLR:
$15.48
ESEA:
3.77
FSLR:
17.27
ESEA:
0.09
FSLR:
0.41
ESEA:
2.20
FSLR:
5.31
ESEA:
1.02
FSLR:
2.91
ESEA:
$227.36M
FSLR:
$5.42B
ESEA:
$148.47M
FSLR:
$2.26B
ESEA:
$165.74M
FSLR:
$2.15B
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Return for Risk
ESEA vs. FSLR — Risk / Return Rank
ESEA
FSLR
ESEA vs. FSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Euroseas Ltd (ESEA) and First Solar, Inc. (FSLR). 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.
| ESEA | FSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 1.70 | +2.35 |
| Martin ratioReturn relative to average drawdown | 8.29 | 3.57 | +4.72 |
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Drawdowns
ESEA vs. FSLR - Drawdown Comparison
The maximum ESEA drawdown since its inception was -99.84%, roughly equal to the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for ESEA and FSLR.
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Drawdown Indicators
| ESEA | FSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.84% | -96.22% | -3.62% |
Max Drawdown (1Y)Largest decline over 1 year | -18.36% | -35.10% | +16.74% |
Max Drawdown (3Y)Largest decline over 3 years | -38.00% | -59.97% | +21.97% |
Max Drawdown (5Y)Largest decline over 5 years | -51.28% | -59.97% | +8.69% |
Max Drawdown (10Y)Largest decline over 10 years | -95.54% | -61.26% | -34.28% |
Current DrawdownCurrent decline from peak | -86.38% | -16.01% | -70.37% |
Average DrawdownAverage peak-to-trough decline | -85.40% | -63.20% | -22.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 16.63% | -7.68% |
Volatility
ESEA vs. FSLR - Volatility Comparison
The current volatility for Euroseas Ltd (ESEA) is 18.88%, while First Solar, Inc. (FSLR) has a volatility of 23.37%. This indicates that ESEA experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESEA | FSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.88% | 23.37% | -4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 33.50% | 41.98% | -8.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.60% | 58.23% | -13.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.16% | 54.07% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.52% | 50.84% | +43.68% |
Dividends
ESEA vs. FSLR - Dividend Comparison
ESEA's dividend yield for the trailing twelve months is around 5.03%, while FSLR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ESEA Euroseas Ltd | 5.03% | 16.23% | 6.63% | 6.42% | 8.13% |
FSLR First Solar, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ESEA vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Euroseas Ltd and First Solar, Inc.. 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
ESEA vs. FSLR - Profitability Comparison
ESEA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Euroseas Ltd reported a gross profit of 37.73M and revenue of 55.84M. Therefore, the gross margin over that period was 67.6%.
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a gross profit of 486.13M and revenue of 1.04B. Therefore, the gross margin over that period was 46.6%.
ESEA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Euroseas Ltd reported an operating income of 34.03M and revenue of 55.84M, resulting in an operating margin of 61.0%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported an operating income of 345.30M and revenue of 1.04B, resulting in an operating margin of 33.1%.
ESEA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Euroseas Ltd reported a net income of 32.52M and revenue of 55.84M, resulting in a net margin of 58.2%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Solar, Inc. reported a net income of 346.62M and revenue of 1.04B, resulting in a net margin of 33.2%.
Frequently Asked Questions
ESEA and FSLR have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSLR has higher volatility (23.37%) compared to ESEA (18.88%). In terms of maximum drawdown, ESEA dropped -99.84% vs FSLR's -96.22%.
ESEA currently has the higher Sharpe Ratio (1.67 vs 1.02), 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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