LIND vs. CCL
LIND (Lindblad Expeditions Holdings, Inc.) and CCL (Carnival Corporation & Plc) are both stocks. Both operate in the Travel Services industry within the Consumer Cyclical sector. Over the past 10 years, LIND returned 10.71%/yr vs -3.89%/yr for CCL. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
LIND vs. CCL - Performance Comparison
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Returns By Period
In the year-to-date period, LIND achieves a 90.74% return, which is significantly higher than CCL's -11.10% return. Over the past 10 years, LIND has outperformed CCL with an annualized return of 10.71%, while CCL has yielded a comparatively lower -3.89% annualized return.
LIND
- 1D
- 4.98%
- 1M
- 15.08%
- 6M
- 64.90%
- YTD
- 90.74%
- 1Y
- 120.75%
- 3Y*
- 38.11%
- 5Y*
- 17.81%
- 10Y*
- 10.71%
CCL
- 1D
- 1.02%
- 1M
- -13.07%
- 6M
- -7.78%
- YTD
- -11.10%
- 1Y
- -6.51%
- 3Y*
- 15.30%
- 5Y*
- 5.35%
- 10Y*
- -3.89%
LIND vs. CCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIND Lindblad Expeditions Holdings, Inc. | 90.74% | 21.59% | 5.24% | 46.36% | -50.64% | -8.88% | 4.71% | 21.47% | 37.49% | 3.60% |
CCL Carnival Corporation & Plc | -11.10% | 22.55% | 34.41% | 130.02% | -59.94% | -7.11% | -56.89% | 7.37% | -23.40% | 30.76% |
Correlation
The correlation between LIND and CCL is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2015 | 0.52 |
The correlation between LIND and CCL shifts across timeframes, from 0.52 (all time) to 0.66 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LIND:
$1.51B
CCL:
$36.79B
LIND:
-$0.43
CCL:
$2.20
LIND:
2.67
CCL:
1.37
LIND:
$591.30M
CCL:
$27.31B
LIND:
$203.31M
CCL:
$9.40B
LIND:
$71.33M
CCL:
$7.16B
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Return for Risk
LIND vs. CCL — Risk / Return Rank
LIND
CCL
LIND vs. CCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lindblad Expeditions Holdings, Inc. (LIND) and Carnival Corporation & Plc (CCL). 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.
| LIND | CCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | +3.10 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.02 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 5.13 | -0.22 | +5.35 |
| Martin ratioReturn relative to average drawdown | 10.42 | -0.43 | +10.85 |
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Drawdowns
LIND vs. CCL - Drawdown Comparison
The maximum LIND drawdown since its inception was -83.16%, smaller than the maximum CCL drawdown of -90.37%. Use the drawdown chart below to compare losses from any high point for LIND and CCL.
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Drawdown Indicators
| LIND | CCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.16% | -90.37% | +7.21% |
Max Drawdown (1Y)Largest decline over 1 year | -23.67% | -29.30% | +5.63% |
Max Drawdown (3Y)Largest decline over 3 years | -50.93% | -42.33% | -8.60% |
Max Drawdown (5Y)Largest decline over 5 years | -68.75% | -75.82% | +7.07% |
Max Drawdown (10Y)Largest decline over 10 years | -83.16% | -90.37% | +7.21% |
Current DrawdownCurrent decline from peak | -6.98% | -59.00% | +52.02% |
Average DrawdownAverage peak-to-trough decline | -29.76% | -28.64% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.63% | 15.33% | -3.70% |
Volatility
LIND vs. CCL - Volatility Comparison
Lindblad Expeditions Holdings, Inc. (LIND) has a higher volatility of 14.57% compared to Carnival Corporation & Plc (CCL) at 10.94%. This indicates that LIND's price experiences larger fluctuations and is considered to be riskier than CCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIND | CCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.57% | 10.94% | +3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 38.70% | 38.47% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.86% | 47.14% | +2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.46% | 55.50% | +10.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.26% | 57.67% | +4.59% |
Dividends
LIND vs. CCL - Dividend Comparison
LIND has not paid dividends to shareholders, while CCL's dividend yield for the trailing twelve months is around 1.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCL Carnival Corporation & Plc | 1.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.31% | 3.93% | 3.96% | 2.41% | 2.59% | 2.02% |
LIND Lindblad Expeditions Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
LIND vs. CCL - Financials Comparison
This section allows you to compare key financial metrics between Lindblad Expeditions Holdings, Inc. and Carnival Corporation & Plc. 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
LIND and CCL have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LIND has higher volatility (14.57%) compared to CCL (10.94%). In terms of maximum drawdown, LIND dropped -83.16% vs CCL's -90.37%.
LIND currently has the higher Sharpe Ratio (2.44 vs -0.14), 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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