IEP vs. ZIM
IEP (Icahn Enterprises L.P.) and ZIM (ZIM Integrated Shipping Services Ltd.) are both stocks. Both are in the Industrials sector — IEP in Conglomerates, ZIM in Marine Shipping. Over the past 5 years, IEP returned -19.53%/yr vs 18.83%/yr for ZIM. At a 0.17 correlation, their price movements are largely independent.
Performance
IEP vs. ZIM - Performance Comparison
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Returns By Period
In the year-to-date period, IEP achieves a 8.54% return, which is significantly lower than ZIM's 23.05% return.
IEP
- 1D
- -0.96%
- 1M
- -4.37%
- YTD
- 8.54%
- 6M
- 11.19%
- 1Y
- 10.33%
- 3Y*
- -20.40%
- 5Y*
- -19.53%
- 10Y*
- -4.09%
ZIM
- 1D
- 3.82%
- 1M
- 0.12%
- YTD
- 23.05%
- 6M
- 31.40%
- 1Y
- 61.18%
- 3Y*
- 52.37%
- 5Y*
- 18.83%
- 10Y*
- —
IEP vs. ZIM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IEP Icahn Enterprises L.P. | 8.54% | 8.23% | -37.79% | -58.78% | 18.76% | 2.51% |
ZIM ZIM Integrated Shipping Services Ltd. | 23.05% | 28.11% | 176.93% | -21.06% | -52.70% | 463.11% |
Correlation
The correlation between IEP and ZIM is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2021 | 0.17 |
Fundamentals
IEP:
-$1.15
ZIM:
$0.81
IEP:
0.30
ZIM:
0.48
IEP:
$10.18B
ZIM:
$6.29B
IEP:
$1.33B
ZIM:
$676.00M
IEP:
$1.17B
ZIM:
$1.73B
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Return for Risk
IEP vs. ZIM — Risk / Return Rank
IEP
ZIM
IEP vs. ZIM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Icahn Enterprises L.P. (IEP) and ZIM Integrated Shipping Services Ltd. (ZIM). 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.
| IEP | ZIM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.26 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | 2.06 | -1.41 |
| Martin ratioReturn relative to average drawdown | 1.37 | 5.18 | -3.81 |
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Drawdowns
IEP vs. ZIM - Drawdown Comparison
The maximum IEP drawdown since its inception was -84.21%, roughly equal to the maximum ZIM drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for IEP and ZIM.
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Drawdown Indicators
| IEP | ZIM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.21% | -84.68% | +0.47% |
Max Drawdown (1Y)Largest decline over 1 year | -16.06% | -29.84% | +13.78% |
Max Drawdown (3Y)Largest decline over 3 years | -67.83% | -57.12% | -10.71% |
Max Drawdown (5Y)Largest decline over 5 years | -77.56% | -84.68% | +7.12% |
Max Drawdown (10Y)Largest decline over 10 years | -77.56% | — | — |
Current DrawdownCurrent decline from peak | -72.18% | -11.49% | -60.69% |
Average DrawdownAverage peak-to-trough decline | -30.62% | -39.77% | +9.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.56% | 11.85% | -4.29% |
Volatility
IEP vs. ZIM - Volatility Comparison
The current volatility for Icahn Enterprises L.P. (IEP) is 4.81%, while ZIM Integrated Shipping Services Ltd. (ZIM) has a volatility of 11.94%. This indicates that IEP experiences smaller price fluctuations and is considered to be less risky than ZIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEP | ZIM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 11.94% | -7.13% |
Volatility (6M)Calculated over the trailing 6-month period | 16.07% | 36.70% | -20.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.12% | 52.54% | -27.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.02% | 65.74% | -24.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.36% | 67.49% | -31.13% |
Dividends
IEP vs. ZIM - Dividend Comparison
IEP's dividend yield for the trailing twelve months is around 27.70%, more than ZIM's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEP Icahn Enterprises L.P. | 27.70% | 26.49% | 40.37% | 34.90% | 15.79% | 16.13% | 15.79% | 13.01% | 12.26% | 11.32% | 10.01% | 9.79% |
ZIM ZIM Integrated Shipping Services Ltd. | 4.95% | 20.16% | 22.40% | 64.84% | 160.27% | 7.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IEP vs. ZIM - Financials Comparison
This section allows you to compare key financial metrics between Icahn Enterprises L.P. and ZIM Integrated Shipping Services Ltd.. 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
IEP vs. ZIM - Profitability Comparison
IEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Icahn Enterprises L.P. reported a gross profit of 0.00 and revenue of 2.31B. Therefore, the gross margin over that period was 0.0%.
ZIM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ZIM Integrated Shipping Services Ltd. reported a gross profit of 46.80M and revenue of 1.40B. Therefore, the gross margin over that period was 3.4%.
IEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Icahn Enterprises L.P. reported an operating income of 0.00 and revenue of 2.31B, resulting in an operating margin of 0.0%.
ZIM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ZIM Integrated Shipping Services Ltd. reported an operating income of -39.00M and revenue of 1.40B, resulting in an operating margin of -2.8%.
IEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Icahn Enterprises L.P. reported a net income of -612.00M and revenue of 2.31B, resulting in a net margin of -26.5%.
ZIM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ZIM Integrated Shipping Services Ltd. reported a net income of -86.00M and revenue of 1.40B, resulting in a net margin of -6.2%.
Frequently Asked Questions
IEP and ZIM have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ZIM has higher volatility (11.94%) compared to IEP (4.81%). In terms of maximum drawdown, IEP dropped -84.21% vs ZIM's -84.68%.
ZIM currently has the higher Sharpe Ratio (1.17 vs 0.41), 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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