FRO vs. SBLK
FRO (Frontline Ltd.) and SBLK (Star Bulk Carriers Corp.) are both stocks. FRO operates in Oil & Gas Midstream (Energy), while SBLK operates in Marine Shipping (Industrials). Over the past 10 years, FRO returned 25.40%/yr vs 29.24%/yr for SBLK. At a 0.34 correlation, their price movements are largely independent.
Performance
FRO vs. SBLK - Performance Comparison
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Returns By Period
In the year-to-date period, FRO achieves a 88.15% return, which is significantly higher than SBLK's 41.89% return. Over the past 10 years, FRO has underperformed SBLK with an annualized return of 25.40%, while SBLK has yielded a comparatively higher 29.24% annualized return.
FRO
- 1D
- 4.29%
- 1M
- 7.17%
- 6M
- 64.34%
- YTD
- 88.15%
- 1Y
- 120.41%
- 3Y*
- 47.42%
- 5Y*
- 45.52%
- 10Y*
- 25.40%
SBLK
- 1D
- 1.82%
- 1M
- -1.13%
- 6M
- 38.85%
- YTD
- 41.89%
- 1Y
- 48.44%
- 3Y*
- 23.17%
- 5Y*
- 17.99%
- 10Y*
- 29.24%
FRO vs. SBLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRO Frontline Ltd. | 88.15% | 61.17% | -22.48% | 96.23% | 73.67% | 13.67% | -41.47% | 134.59% | 20.48% | -32.17% |
SBLK Star Bulk Carriers Corp. | 41.89% | 30.76% | -21.04% | 19.24% | 8.50% | 185.15% | -24.77% | 29.82% | -18.83% | 120.35% |
Correlation
The correlation between FRO and SBLK is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2006 | 0.34 |
The correlation between FRO and SBLK shifts across timeframes, from 0.34 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FRO:
$8.49B
SBLK:
$2.94B
FRO:
$4.06
SBLK:
$1.25
FRO:
9.38
SBLK:
21.00
FRO:
3.77
SBLK:
2.73
FRO:
2.99
SBLK:
1.21
FRO:
$2.25B
SBLK:
$1.09B
FRO:
$933.72M
SBLK:
$377.07M
FRO:
$1.21B
SBLK:
$377.39M
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Return for Risk
FRO vs. SBLK — Risk / Return Rank
FRO
SBLK
FRO vs. SBLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Frontline Ltd. (FRO) and Star Bulk Carriers Corp. (SBLK). 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 | SBLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.28 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 6.01 | 3.02 | +2.99 |
| Martin ratioReturn relative to average drawdown | 16.05 | 8.05 | +8.01 |
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Drawdowns
FRO vs. SBLK - Drawdown Comparison
The maximum FRO drawdown since its inception was -98.36%, roughly equal to the maximum SBLK drawdown of -99.76%. Use the drawdown chart below to compare losses from any high point for FRO and SBLK.
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Drawdown Indicators
| FRO | SBLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.36% | -99.76% | +1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -21.41% | -17.49% | -3.92% |
Max Drawdown (3Y)Largest decline over 3 years | -52.04% | -48.44% | -3.60% |
Max Drawdown (5Y)Largest decline over 5 years | -52.04% | -48.44% | -3.60% |
Max Drawdown (10Y)Largest decline over 10 years | -52.04% | -73.77% | +21.73% |
Current DrawdownCurrent decline from peak | -70.70% | -93.60% | +22.90% |
Average DrawdownAverage peak-to-trough decline | -67.85% | -82.73% | +14.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.00% | 6.55% | +1.45% |
Volatility
FRO vs. SBLK - Volatility Comparison
Frontline Ltd. (FRO) has a higher volatility of 18.96% compared to Star Bulk Carriers Corp. (SBLK) at 10.44%. This indicates that FRO's price experiences larger fluctuations and is considered to be riskier than SBLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRO | SBLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.96% | 10.44% | +8.52% |
Volatility (6M)Calculated over the trailing 6-month period | 33.34% | 23.70% | +9.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.27% | 30.33% | +12.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.84% | 42.70% | +7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.16% | 52.07% | -0.91% |
Dividends
FRO vs. SBLK - Dividend Comparison
FRO's dividend yield for the trailing twelve months is around 8.21%, more than SBLK's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRO Frontline Ltd. | 8.21% | 4.26% | 13.74% | 14.31% | 1.24% | 0.00% | 25.72% | 0.78% | 0.00% | 6.54% | 19.83% | 1.67% |
SBLK Star Bulk Carriers Corp. | 3.91% | 1.56% | 16.72% | 7.38% | 33.80% | 9.93% | 0.57% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FRO vs. SBLK - Financials Comparison
This section allows you to compare key financial metrics between Frontline Ltd. and Star Bulk Carriers 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. SBLK - Profitability Comparison
FRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
SBLK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Star Bulk Carriers Corp. reported a gross profit of 92.95M and revenue of 281.15M. Therefore, the gross margin over that period was 33.1%.
FRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Frontline Ltd. reported an operating income of 370.04M and revenue of 714.24M, resulting in an operating margin of 51.8%.
SBLK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Star Bulk Carriers Corp. reported an operating income of 73.02M and revenue of 281.15M, resulting in an operating margin of 26.0%.
FRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Frontline Ltd. reported a net income of 559.12M and revenue of 714.24M, resulting in a net margin of 78.3%.
SBLK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Star Bulk Carriers Corp. reported a net income of 58.53M and revenue of 281.15M, resulting in a net margin of 20.8%.
Frequently Asked Questions
FRO and SBLK have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRO has higher volatility (18.96%) compared to SBLK (10.44%). In terms of maximum drawdown, FRO dropped -98.36% vs SBLK's -99.76%.
FRO currently has the higher Sharpe Ratio (2.98 vs 1.75), 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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