FHB vs. ASC
FHB (First Hawaiian, Inc.) and ASC (Ardmore Shipping Corporation) are both stocks. FHB operates in Banks - Regional (Financial Services), while ASC operates in Marine Shipping (Industrials). Over the past 5 years, FHB returned 4.07%/yr vs 35.06%/yr for ASC. At a 0.25 correlation, their price movements are largely independent.
Performance
FHB vs. ASC - Performance Comparison
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Returns By Period
In the year-to-date period, FHB achieves a 16.77% return, which is significantly lower than ASC's 64.74% return.
FHB
- 1D
- 1.26%
- 1M
- 5.89%
- YTD
- 16.77%
- 6M
- 12.54%
- 1Y
- 23.40%
- 3Y*
- 23.28%
- 5Y*
- 4.07%
- 10Y*
- —
ASC
- 1D
- -5.31%
- 1M
- -7.88%
- YTD
- 64.74%
- 6M
- 62.89%
- 1Y
- 79.27%
- 3Y*
- 15.98%
- 5Y*
- 35.06%
- 10Y*
- 11.28%
FHB vs. ASC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHB First Hawaiian, Inc. | 16.77% | 1.64% | 18.72% | -7.56% | -0.92% | 20.39% | -13.84% | 33.26% | -20.12% | -13.60% |
ASC Ardmore Shipping Corporation | 64.74% | -10.36% | -8.18% | 5.81% | 326.33% | 3.36% | -63.57% | 93.79% | -41.63% | 8.11% |
Correlation
The correlation between FHB and ASC is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2016 | 0.25 |
The correlation between FHB and ASC shifts across timeframes, from 0.13 (3 years) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FHB:
$3.57B
ASC:
$692.13M
FHB:
$2.29
ASC:
$1.43
FHB:
12.67
ASC:
11.84
FHB:
5.05
ASC:
0.02
FHB:
3.29
ASC:
2.13
FHB:
1.29
ASC:
1.06
FHB:
$1.10B
ASC:
$324.12M
FHB:
$635.99M
ASC:
$100.44M
FHB:
$294.52M
ASC:
$105.80M
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Return for Risk
FHB vs. ASC — Risk / Return Rank
FHB
ASC
FHB vs. ASC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Hawaiian, Inc. (FHB) and Ardmore Shipping Corporation (ASC). 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.
| FHB | ASC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.33 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 3.63 | -2.03 |
| Martin ratioReturn relative to average drawdown | 4.08 | 8.74 | -4.66 |
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Drawdowns
FHB vs. ASC - Drawdown Comparison
The maximum FHB drawdown since its inception was -55.51%, smaller than the maximum ASC drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for FHB and ASC.
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Drawdown Indicators
| FHB | ASC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.51% | -80.11% | +24.60% |
Max Drawdown (1Y)Largest decline over 1 year | -14.65% | -21.96% | +7.31% |
Max Drawdown (3Y)Largest decline over 3 years | -24.26% | -61.41% | +37.15% |
Max Drawdown (5Y)Largest decline over 5 years | -47.02% | -61.41% | +14.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.21% | — |
Current DrawdownCurrent decline from peak | 0.00% | -19.34% | +19.34% |
Average DrawdownAverage peak-to-trough decline | -16.83% | -38.90% | +22.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 9.10% | -3.35% |
Volatility
FHB vs. ASC - Volatility Comparison
The current volatility for First Hawaiian, Inc. (FHB) is 6.07%, while Ardmore Shipping Corporation (ASC) has a volatility of 12.28%. This indicates that FHB experiences smaller price fluctuations and is considered to be less risky than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHB | ASC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 12.28% | -6.21% |
Volatility (6M)Calculated over the trailing 6-month period | 17.34% | 27.72% | -10.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.91% | 36.26% | -12.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.78% | 45.81% | -16.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.47% | 51.28% | -18.81% |
Dividends
FHB vs. ASC - Dividend Comparison
FHB's dividend yield for the trailing twelve months is around 3.59%, less than ASC's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASC Ardmore Shipping Corporation | 3.84% | 2.83% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% |
FHB First Hawaiian, Inc. | 3.59% | 4.11% | 4.01% | 4.55% | 3.99% | 3.81% | 4.41% | 3.60% | 4.26% | 3.02% | 0.57% | 0.00% |
Financials
FHB vs. ASC - Financials Comparison
This section allows you to compare key financial metrics between First Hawaiian, Inc. and Ardmore Shipping Corporation. 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
FHB vs. ASC - Profitability Comparison
FHB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Hawaiian, Inc. reported a gross profit of 0.00 and revenue of 229.70M. Therefore, the gross margin over that period was 0.0%.
ASC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported a gross profit of 32.00M and revenue of 87.92M. Therefore, the gross margin over that period was 36.4%.
FHB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Hawaiian, Inc. reported an operating income of 0.00 and revenue of 229.70M, resulting in an operating margin of 0.0%.
ASC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported an operating income of 25.58M and revenue of 87.92M, resulting in an operating margin of 29.1%.
FHB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Hawaiian, Inc. reported a net income of 67.78M and revenue of 229.70M, resulting in a net margin of 29.5%.
ASC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported a net income of 23.58M and revenue of 87.92M, resulting in a net margin of 26.8%.
Frequently Asked Questions
FHB and ASC have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASC has higher volatility (12.28%) compared to FHB (6.07%). In terms of maximum drawdown, FHB dropped -55.51% vs ASC's -80.11%.
ASC currently has the higher Sharpe Ratio (2.20 vs 0.98), 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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