HSHP vs. ERAS
HSHP (Himalaya Shipping Ltd.) and ERAS (Erasca, Inc.) are both stocks. HSHP operates in Marine Shipping (Industrials), while ERAS operates in Biotechnology (Healthcare). Over the past 3 years, HSHP returned 44.60%/yr vs 68.63%/yr for ERAS. At a 0.14 correlation, their price movements are largely independent.
Performance
HSHP vs. ERAS - Performance Comparison
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Returns By Period
In the year-to-date period, HSHP achieves a 71.21% return, which is significantly lower than ERAS's 277.69% return.
HSHP
- 1D
- 3.05%
- 1M
- -2.31%
- YTD
- 71.21%
- 6M
- 71.96%
- 1Y
- 142.86%
- 3Y*
- 44.60%
- 5Y*
- —
- 10Y*
- —
ERAS
- 1D
- 0.29%
- 1M
- 37.34%
- YTD
- 277.69%
- 6M
- 290.28%
- 1Y
- 849.32%
- 3Y*
- 68.63%
- 5Y*
- —
- 10Y*
- —
HSHP vs. ERAS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HSHP Himalaya Shipping Ltd. | 71.21% | 96.10% | -23.53% | 37.12% | -1.99% |
ERAS Erasca, Inc. | 277.69% | 48.21% | 17.84% | -50.58% | -41.20% |
Correlation
The correlation between HSHP and ERAS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2022 | 0.14 |
Fundamentals
HSHP:
$715.11M
ERAS:
$4.28B
HSHP:
$0.63
ERAS:
-$0.96
HSHP:
4.59
ERAS:
10.86
HSHP:
$143.50M
ERAS:
$0.00
HSHP:
$98.40M
ERAS:
-$743.00K
HSHP:
$101.44M
ERAS:
-$279.47M
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Return for Risk
HSHP vs. ERAS — Risk / Return Rank
HSHP
ERAS
HSHP vs. ERAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Himalaya Shipping Ltd. (HSHP) and Erasca, Inc. (ERAS). 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.
| HSHP | ERAS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.71 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 9.35 | 13.90 | -4.55 |
| Martin ratioReturn relative to average drawdown | 21.19 | 43.69 | -22.49 |
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Drawdowns
HSHP vs. ERAS - Drawdown Comparison
The maximum HSHP drawdown since its inception was -51.51%, smaller than the maximum ERAS drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for HSHP and ERAS.
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Drawdown Indicators
| HSHP | ERAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.51% | -95.65% | +44.14% |
Max Drawdown (1Y)Largest decline over 1 year | -15.57% | -59.46% | +43.89% |
Max Drawdown (3Y)Largest decline over 3 years | -51.51% | -67.68% | +16.17% |
Current DrawdownCurrent decline from peak | -5.38% | -42.28% | +36.90% |
Average DrawdownAverage peak-to-trough decline | -14.76% | -74.66% | +59.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.85% | 18.96% | -12.11% |
Volatility
HSHP vs. ERAS - Volatility Comparison
The current volatility for Himalaya Shipping Ltd. (HSHP) is 13.10%, while Erasca, Inc. (ERAS) has a volatility of 20.78%. This indicates that HSHP experiences smaller price fluctuations and is considered to be less risky than ERAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSHP | ERAS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.10% | 20.78% | -7.68% |
Volatility (6M)Calculated over the trailing 6-month period | 30.50% | 96.05% | -65.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.51% | 104.00% | -64.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.51% | 83.41% | -40.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.51% | 83.41% | -40.90% |
Dividends
HSHP vs. ERAS - Dividend Comparison
HSHP's dividend yield for the trailing twelve months is around 3.81%, while ERAS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ERAS Erasca, Inc. | 0.00% | 0.00% | 0.00% |
HSHP Himalaya Shipping Ltd. | 3.81% | 3.57% | 9.88% |
Financials
HSHP vs. ERAS - Financials Comparison
This section allows you to compare key financial metrics between Himalaya Shipping Ltd. and Erasca, Inc.. 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
Frequently Asked Questions
HSHP and ERAS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERAS has higher volatility (20.78%) compared to HSHP (13.10%). In terms of maximum drawdown, HSHP dropped -51.51% vs ERAS's -95.65%.
ERAS currently has the higher Sharpe Ratio (7.95 vs 3.69), 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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