HAFN vs. INSW

Last updated Apr 1, 2026

Compare and contrast key facts about Hafnia Limited (HAFN) and International Seaways, Inc. (INSW).

Performance

HAFN vs. INSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hafnia Limited (HAFN) and International Seaways, Inc. (INSW). The values are adjusted to include any dividend payments, if applicable.

HAFN vs. INSW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HAFN Hafnia Limited	46.02%	2.71%	-12.52%
INSW International Seaways, Inc.	54.76%	44.97%	-23.02%

Fundamentals

Market Cap HAFN : $3.83B INSW : $3.61B
EPS HAFN : $0.67 INSW : $6.24
PE Ratio HAFN : 11.28 INSW : 11.68
PEG Ratio HAFN : 0.24 INSW : 1.84
PS Ratio HAFN : 1.68 INSW : 17.92
PB Ratio HAFN : 1.64 INSW : 1.79
Total Revenue (TTM) HAFN : $2.28B INSW : $201.52M
Gross Profit (TTM) HAFN : $429.85M INSW : -$121.58M
EBITDA (TTM) HAFN : $567.31M INSW : $824.81M

Returns By Period

In the year-to-date period, HAFN achieves a 46.02% return, which is significantly lower than INSW's 54.76% return.

HAFN

• 1D: 1.74%
• 1M: 1.21%
• YTD: 46.02%
• 6M: 33.25%
• 1Y: 99.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

INSW

• 1D: 2.75%
• 1M: -0.52%
• YTD: 54.76%
• 6M: 65.82%
• 1Y: 137.72%
• 3Y*: 34.48%
• 5Y*: 44.11%
• 10Y*: —

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

Return for Risk

HAFN vs. INSW — Risk / Return Rank

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

HAFN

HAFN Risk / Return Rank: 93
HAFN Sharpe Ratio Rank: 95
HAFN Sortino Ratio Rank: 93
HAFN Omega Ratio Rank: 92
HAFN Calmar Ratio Rank: 94
HAFN Martin Ratio Rank: 93

INSW

INSW Risk / Return Rank: 97
INSW Sharpe Ratio Rank: 98
INSW Sortino Ratio Rank: 97
INSW Omega Ratio Rank: 94
INSW Calmar Ratio Rank: 98
INSW Martin Ratio Rank: 98

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.

HAFN vs. INSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hafnia Limited (HAFN) and International Seaways, Inc. (INSW). 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.

	HAFN	INSW	Difference
Sharpe ratio Return per unit of total volatility	2.68	3.44	-0.76
Sortino ratio Return per unit of downside risk	3.24	4.03	-0.79
Omega ratio Gain probability vs. loss probability	1.42	1.48	-0.06
Calmar ratio Return relative to maximum drawdown	5.05	9.98	-4.93
Martin ratio Return relative to average drawdown	13.76	27.11	-13.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAFN vs. INSW - Sharpe Ratio Comparison

The current HAFN Sharpe Ratio is 2.68, which is comparable to the INSW Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of HAFN and INSW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HAFN	INSW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	3.44	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.60	-0.21

Correlation

The correlation between HAFN and INSW is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HAFN vs. INSW - Dividend Comparison

HAFN's dividend yield for the trailing twelve months is around 7.18%, more than INSW's 6.01% yield.

	TTM	2025	2024	2023	2022	2021	2020
HAFN Hafnia Limited	7.18%	7.48%	20.25%	0.00%	0.00%	0.00%	0.00%
INSW International Seaways, Inc.	6.01%	6.04%	16.05%	13.83%	3.84%	9.26%	1.47%

Drawdowns

HAFN vs. INSW - Drawdown Comparison

The maximum HAFN drawdown since its inception was -53.75%, smaller than the maximum INSW drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for HAFN and INSW.

Drawdown Indicators

	HAFN	INSW	Difference
Max Drawdown Largest peak-to-trough decline	-53.75%	-57.49%	+3.74%
Max Drawdown (1Y) Largest decline over 1 year	-19.04%	-13.84%	-5.20%
Max Drawdown (5Y) Largest decline over 5 years	—	-50.40%	—
Current Drawdown Current decline from peak	-0.98%	-1.78%	+0.80%
Average Drawdown Average peak-to-trough decline	-22.64%	-21.22%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.99%	5.10%	+1.89%

Volatility

HAFN vs. INSW - Volatility Comparison

Hafnia Limited (HAFN) and International Seaways, Inc. (INSW) have volatilities of 13.80% and 14.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAFN	INSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.80%	14.13%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	24.98%	26.63%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	37.36%	40.28%	-2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.53%	41.31%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.53%	45.35%	-6.82%

Financials