FRO vs. ECO
FRO (Frontline Ltd.) and ECO (Okeanis Eco Tankers Corp) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past year, FRO returned 135.73% vs 185.56% for ECO. Their correlation of 0.82 means they have usually moved in the same direction.
Performance
FRO vs. ECO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FRO having a 94.26% return and ECO slightly lower at 90.59%.
FRO
- 1D
- 0.69%
- 1M
- 13.46%
- 6M
- 48.31%
- YTD
- 94.26%
- 1Y
- 135.73%
- 3Y*
- 45.97%
- 5Y*
- 49.01%
- 10Y*
- 26.54%
- ALL TIME*
- 7.04%
ECO
- 1D
- 0.79%
- 1M
- 20.80%
- 6M
- 59.28%
- YTD
- 90.59%
- 1Y
- 185.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 48.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.81M | $22.75M | $24.38M | |
| $66.00M | $77.57M | $107.06M |
FRO vs. ECO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FRO Frontline Ltd. | 94.26% | 61.17% | -22.48% | 5.67% |
ECO Okeanis Eco Tankers Corp | 90.59% | 71.94% | -11.70% | -1.25% |
Correlation
The correlation between FRO and ECO is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2023 | 0.82 |
The correlation between FRO and ECO has been stable across timeframes, ranging from 0.82 to 0.82 - a consistent structural relationship.
Fundamentals
FRO:
$8.76B
ECO:
$1.97B
FRO:
$4.06
ECO:
$5.73
FRO:
9.69
ECO:
10.53
FRO:
3.89
ECO:
4.35
FRO:
3.08
ECO:
3.17
FRO:
$2.25B
ECO:
$481.57M
FRO:
$933.72M
ECO:
$274.61M
FRO:
$1.21B
ECO:
$284.05M
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Return for Risk
FRO vs. ECO — Risk / Return Rank
FRO
ECO
FRO vs. ECO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Frontline Ltd. (FRO) and Okeanis Eco Tankers Corp (ECO). 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.
| FRO | ECO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.55 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 6.38 | 10.57 | -4.20 |
| Martin ratioReturn relative to average drawdown | 16.21 | 29.65 | -13.45 |
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Drawdowns
FRO vs. ECO - Drawdown Comparison
The maximum FRO drawdown since its inception was -98.36%, which is greater than ECO's maximum drawdown of -46.15%. Use the drawdown chart below to compare losses from any high point for FRO and ECO.
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Drawdown Indicators
| FRO | ECO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.36% | -46.15% | -52.21% |
Max Drawdown (1Y)Largest decline over 1 year | -21.41% | -17.66% | -3.75% |
Max Drawdown (3Y)Largest decline over 3 years | -52.04% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -52.04% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -52.04% | — | — |
Current DrawdownCurrent decline from peak | -69.74% | 0.00% | -69.74% |
Average DrawdownAverage peak-to-trough decline | -67.85% | -14.58% | -53.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.41% | 6.29% | +2.12% |
Volatility
FRO vs. ECO - Volatility Comparison
The current volatility for Frontline Ltd. (FRO) is 12.24%, while Okeanis Eco Tankers Corp (ECO) has a volatility of 13.44%. This indicates that FRO experiences smaller price fluctuations and is considered to be less risky than ECO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRO | ECO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.24% | 13.44% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 33.26% | 31.16% | +2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.30% | 41.51% | +1.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.77% | 42.20% | +7.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.17% | 42.20% | +8.97% |
Dividends
FRO vs. ECO - Dividend Comparison
FRO's dividend yield for the trailing twelve months is around 7.95%, less than ECO's 8.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECO Okeanis Eco Tankers Corp | 8.29% | 6.26% | 15.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FRO Frontline Ltd. | 7.95% | 4.26% | 13.74% | 14.31% | 1.24% | 0.00% | 25.72% | 0.78% | 0.00% | 6.54% | 19.83% | 1.67% |
Financials
FRO vs. ECO - Financials Comparison
This section allows you to compare key financial metrics between Frontline Ltd. and Okeanis Eco Tankers Corp. 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
FRO vs. ECO - Profitability Comparison
FRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Frontline Ltd. reported a gross profit of 395.96M and revenue of 714.24M. Therefore, the gross margin over that period was 55.4%.
ECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Okeanis Eco Tankers Corp reported a gross profit of 109.68M and revenue of 170.17M. Therefore, the gross margin over that period was 64.5%.
FRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Frontline Ltd. reported an operating income of 370.04M and revenue of 714.24M, resulting in an operating margin of 51.8%.
ECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Okeanis Eco Tankers Corp reported an operating income of 98.06M and revenue of 170.17M, resulting in an operating margin of 57.6%.
FRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Frontline Ltd. reported a net income of 559.12M and revenue of 714.24M, resulting in a net margin of 78.3%.
ECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Okeanis Eco Tankers Corp reported a net income of 88.32M and revenue of 170.17M, resulting in a net margin of 51.9%.
Frequently Asked Questions
FRO and ECO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ECO has higher volatility (13.44%) compared to FRO (12.24%). In terms of maximum drawdown, FRO dropped -98.36% vs ECO's -46.15%.
ECO currently has the higher Sharpe Ratio (4.51 vs 3.16), 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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