ESEA vs. XBI

Last updated Jul 17, 2026

ESEA (Euroseas Ltd) is a stock, while XBI (SPDR S&P Biotech ETF) is Health & Biotech Equities fund tracking the S&P Biotechnology Select Industry Index. Over the past 10 years, ESEA returned 25.26%/yr vs 10.37%/yr for XBI. At a 0.18 correlation, their price movements are largely independent.

Performance

ESEA vs. XBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Euroseas Ltd (ESEA) and SPDR S&P Biotech ETF (XBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESEA achieves a 34.50% return, which is significantly higher than XBI's 24.78% return. Over the past 10 years, ESEA has outperformed XBI with an annualized return of 25.26%, while XBI has yielded a comparatively lower 10.37% annualized return.

ESEA

• 1D: 0.39%
• 1M: 3.30%
• 6M: 33.16%
• YTD: 34.50%
• 1Y: 54.30%
• 3Y*: 85.78%
• 5Y*: 51.36%
• 10Y*: 25.26%

XBI

• 1D: -2.70%
• 1M: 12.42%
• 6M: 22.36%
• YTD: 24.78%
• 1Y: 73.87%
• 3Y*: 21.27%
• 5Y*: 3.96%
• 10Y*: 10.37%

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

ESEA vs. XBI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESEA Euroseas Ltd	34.50%	140.95%	23.60%	83.39%	-21.02%	358.75%	33.42%	-27.32%	-58.82%	0.59%
XBI SPDR S&P Biotech ETF	24.78%	35.89%	1.01%	7.60%	-25.87%	-20.45%	48.33%	32.56%	-15.28%	43.77%

Correlation

The correlation between ESEA and XBI is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since May 5, 2006	0.18

Return for Risk

ESEA vs. XBI — Risk / Return Rank

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

ESEA

ESEA Risk / Return Rank: 80
ESEA Sharpe Ratio Rank: 80
ESEA Sortino Ratio Rank: 75
ESEA Omega Ratio Rank: 76
ESEA Calmar Ratio Rank: 86
ESEA Martin Ratio Rank: 82

XBI

XBI Risk / Return Rank: 93
XBI Sharpe Ratio Rank: 94
XBI Sortino Ratio Rank: 92
XBI Omega Ratio Rank: 88
XBI Calmar Ratio Rank: 96
XBI Martin Ratio Rank: 95

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.

ESEA vs. XBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Euroseas Ltd (ESEA) and SPDR S&P Biotech ETF (XBI). 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	XBI	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.79	-1.55
Sortino ratio: Return per unit of downside risk	1.77	3.62	-1.84
Omega ratio: Gain probability vs. loss probability	1.24	1.43	-0.20
Calmar ratio: Return relative to maximum drawdown	2.97	7.64	-4.67
Martin ratio: Return relative to average drawdown	5.94	22.09	-16.16

ESEA vs. XBI - Sharpe Ratio Comparison

The current ESEA Sharpe Ratio is 1.25, which is lower than the XBI Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of ESEA and XBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ESEA vs. XBI - Drawdown Comparison

The maximum ESEA drawdown since its inception was -99.84%, which is greater than XBI's maximum drawdown of -63.89%. Use the drawdown chart below to compare losses from any high point for ESEA and XBI.

Drawdown Indicators

	ESEA	XBI	Difference
Max Drawdown Largest peak-to-trough decline	-99.84%	-63.89%	-35.95%
Max Drawdown (1Y) Largest decline over 1 year	-18.36%	-9.72%	-8.64%
Max Drawdown (3Y) Largest decline over 3 years	-38.00%	-32.99%	-5.01%
Max Drawdown (5Y) Largest decline over 5 years	-51.28%	-54.00%	+2.72%
Max Drawdown (10Y) Largest decline over 10 years	-95.54%	-63.89%	-31.65%
Current Drawdown Current decline from peak	-86.34%	-12.06%	-74.28%
Average Drawdown Average peak-to-trough decline	-85.41%	-20.89%	-64.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.18%	3.35%	+5.83%

Volatility

ESEA vs. XBI - Volatility Comparison

The current volatility for Euroseas Ltd (ESEA) is 6.61%, while SPDR S&P Biotech ETF (XBI) has a volatility of 8.50%. This indicates that ESEA experiences smaller price fluctuations and is considered to be less risky than XBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESEA	XBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.61%	8.50%	-1.89%
Volatility (6M) Calculated over the trailing 6-month period	32.88%	21.51%	+11.37%
Volatility (1Y) Calculated over the trailing 1-year period	43.81%	26.65%	+17.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.49%	32.33%	+22.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.32%	31.93%	+62.39%

Dividends

ESEA vs. XBI - Dividend Comparison

ESEA's dividend yield for the trailing twelve months is around 4.11%, more than XBI's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESEA Euroseas Ltd	4.11%	16.23%	6.63%	6.42%	8.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XBI SPDR S&P Biotech ETF	0.38%	0.37%	0.15%	0.02%	0.00%	0.04%	0.20%	0.00%	0.28%	0.24%	0.26%	0.61%

Frequently Asked Questions

Can I hold both ESEA and XBI in my portfolio?

ESEA and XBI have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ESEA or XBI?

XBI has higher volatility (8.50%) compared to ESEA (6.61%). In terms of maximum drawdown, ESEA dropped -99.84% vs XBI's -63.89%.

Which has better risk-adjusted returns?

XBI currently has the higher Sharpe Ratio (2.79 vs 1.25), 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.