ESEA vs. GSL
ESEA (Euroseas Ltd) and GSL (Global Ship Lease, Inc.) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, ESEA returned 24.38%/yr vs 18.00%/yr for GSL. At a 0.27 correlation, their price movements are largely independent.
Performance
ESEA vs. GSL - Performance Comparison
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Returns By Period
In the year-to-date period, ESEA achieves a 29.21% return, which is significantly higher than GSL's 12.84% return. Over the past 10 years, ESEA has outperformed GSL with an annualized return of 24.38%, while GSL has yielded a comparatively lower 18.00% annualized return.
ESEA
- 1D
- 0.45%
- 1M
- 6.95%
- YTD
- 29.21%
- 6M
- 28.98%
- 1Y
- 63.24%
- 3Y*
- 79.23%
- 5Y*
- 42.03%
- 10Y*
- 24.38%
GSL
- 1D
- 1.13%
- 1M
- 0.79%
- YTD
- 12.84%
- 6M
- 14.64%
- 1Y
- 57.39%
- 3Y*
- 36.38%
- 5Y*
- 21.72%
- 10Y*
- 18.00%
ESEA vs. GSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESEA Euroseas Ltd | 29.21% | 140.95% | 23.60% | 83.39% | -21.02% | 358.75% | 33.42% | -27.32% | -58.82% | 0.59% |
GSL Global Ship Lease, Inc. | 12.84% | 73.47% | 18.09% | 28.97% | -22.16% | 100.35% | 34.65% | 78.02% | -46.55% | -22.67% |
Correlation
The correlation between ESEA and GSL is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2008 | 0.27 |
Over the past year, ESEA and GSL have become more correlated (0.54) than their long-term average of 0.27, meaning their price movements have been converging.
Fundamentals
ESEA:
$481.75M
GSL:
$1.40B
ESEA:
$18.99
GSL:
$10.76
ESEA:
3.63
GSL:
3.56
ESEA:
0.08
GSL:
0.13
ESEA:
2.12
GSL:
1.79
ESEA:
0.98
GSL:
0.75
ESEA:
$227.36M
GSL:
$770.24M
ESEA:
$148.47M
GSL:
$409.23M
ESEA:
$165.74M
GSL:
$528.32M
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Return for Risk
ESEA vs. GSL — Risk / Return Rank
ESEA
GSL
ESEA vs. GSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Euroseas Ltd (ESEA) and Global Ship Lease, Inc. (GSL). 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 | GSL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.34 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 3.38 | +0.09 |
| Martin ratioReturn relative to average drawdown | 7.05 | 10.04 | -2.99 |
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Drawdowns
ESEA vs. GSL - Drawdown Comparison
The maximum ESEA drawdown since its inception was -99.84%, roughly equal to the maximum GSL drawdown of -95.26%. Use the drawdown chart below to compare losses from any high point for ESEA and GSL.
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Drawdown Indicators
| ESEA | GSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.84% | -95.26% | -4.58% |
Max Drawdown (1Y)Largest decline over 1 year | -18.36% | -17.09% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -38.00% | -35.82% | -2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -51.28% | -47.50% | -3.78% |
Max Drawdown (10Y)Largest decline over 10 years | -95.54% | -86.50% | -9.04% |
Current DrawdownCurrent decline from peak | -86.88% | -7.98% | -78.90% |
Average DrawdownAverage peak-to-trough decline | -85.40% | -58.65% | -26.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.99% | 5.73% | +3.26% |
Volatility
ESEA vs. GSL - Volatility Comparison
Euroseas Ltd (ESEA) has a higher volatility of 17.67% compared to Global Ship Lease, Inc. (GSL) at 9.74%. This indicates that ESEA's price experiences larger fluctuations and is considered to be riskier than GSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESEA | GSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.67% | 9.74% | +7.93% |
Volatility (6M)Calculated over the trailing 6-month period | 33.05% | 20.60% | +12.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.73% | 27.85% | +16.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.14% | 36.91% | +18.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.53% | 54.60% | +39.93% |
Dividends
ESEA vs. GSL - Dividend Comparison
ESEA's dividend yield for the trailing twelve months is around 5.22%, less than GSL's 6.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESEA Euroseas Ltd | 5.22% | 16.23% | 6.63% | 6.42% | 8.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GSL Global Ship Lease, Inc. | 6.26% | 6.06% | 7.56% | 7.57% | 8.26% | 3.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.69% |
Financials
ESEA vs. GSL - Financials Comparison
This section allows you to compare key financial metrics between Euroseas Ltd and Global Ship Lease, 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. GSL - 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%.
GSL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Global Ship Lease, Inc. reported a gross profit of 106.27M and revenue of 198.08M. Therefore, the gross margin over that period was 53.7%.
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%.
GSL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Global Ship Lease, Inc. reported an operating income of 97.42M and revenue of 198.08M, resulting in an operating margin of 49.2%.
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%.
GSL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Global Ship Lease, Inc. reported a net income of 93.83M and revenue of 198.08M, resulting in a net margin of 47.4%.
Frequently Asked Questions
ESEA and GSL have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESEA has higher volatility (17.67%) compared to GSL (9.74%). In terms of maximum drawdown, ESEA dropped -99.84% vs GSL's -95.26%.
GSL currently has the higher Sharpe Ratio (2.07 vs 1.42), 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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