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NAT vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NATFZROX
YTD Return-17.42%26.41%
1Y Return-23.00%40.58%
3Y Return (Ann)21.76%9.00%
5Y Return (Ann)7.49%15.47%
Sharpe Ratio-0.733.09
Sortino Ratio-0.944.11
Omega Ratio0.891.57
Calmar Ratio-0.314.45
Martin Ratio-1.8820.14
Ulcer Index11.98%1.96%
Daily Std Dev30.77%12.76%
Max Drawdown-90.41%-34.96%
Current Drawdown-72.20%0.00%

Correlation

-0.50.00.51.00.3

The correlation between NAT and FZROX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

NAT vs. FZROX - Performance Comparison

In the year-to-date period, NAT achieves a -17.42% return, which is significantly lower than FZROX's 26.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-18.72%
15.69%
NAT
FZROX

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Risk-Adjusted Performance

NAT vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nordic American Tankers Limited (NAT) and Fidelity ZERO Total Market Index Fund (FZROX). 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.


NAT
Sharpe ratio
The chart of Sharpe ratio for NAT, currently valued at -0.73, compared to the broader market-4.00-2.000.002.004.00-0.73
Sortino ratio
The chart of Sortino ratio for NAT, currently valued at -0.94, compared to the broader market-4.00-2.000.002.004.006.00-0.94
Omega ratio
The chart of Omega ratio for NAT, currently valued at 0.89, compared to the broader market0.501.001.502.000.89
Calmar ratio
The chart of Calmar ratio for NAT, currently valued at -0.57, compared to the broader market0.002.004.006.00-0.57
Martin ratio
The chart of Martin ratio for NAT, currently valued at -1.88, compared to the broader market0.0010.0020.0030.00-1.88
FZROX
Sharpe ratio
The chart of Sharpe ratio for FZROX, currently valued at 3.09, compared to the broader market-4.00-2.000.002.004.003.09
Sortino ratio
The chart of Sortino ratio for FZROX, currently valued at 4.11, compared to the broader market-4.00-2.000.002.004.006.004.11
Omega ratio
The chart of Omega ratio for FZROX, currently valued at 1.57, compared to the broader market0.501.001.502.001.57
Calmar ratio
The chart of Calmar ratio for FZROX, currently valued at 4.45, compared to the broader market0.002.004.006.004.45
Martin ratio
The chart of Martin ratio for FZROX, currently valued at 20.14, compared to the broader market0.0010.0020.0030.0020.14

NAT vs. FZROX - Sharpe Ratio Comparison

The current NAT Sharpe Ratio is -0.73, which is lower than the FZROX Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of NAT and FZROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.73
3.09
NAT
FZROX

Dividends

NAT vs. FZROX - Dividend Comparison

NAT's dividend yield for the trailing twelve months is around 13.29%, more than FZROX's 1.08% yield.


TTM20232022202120202019201820172016201520142013
NAT
Nordic American Tankers Limited
13.29%11.67%3.59%3.55%15.25%1.42%3.50%21.42%16.62%9.05%6.13%6.63%
FZROX
Fidelity ZERO Total Market Index Fund
1.08%1.36%1.57%1.08%1.27%1.45%0.63%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NAT vs. FZROX - Drawdown Comparison

The maximum NAT drawdown since its inception was -90.41%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for NAT and FZROX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-37.78%
0
NAT
FZROX

Volatility

NAT vs. FZROX - Volatility Comparison

Nordic American Tankers Limited (NAT) has a higher volatility of 8.34% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.06%. This indicates that NAT's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
8.34%
4.06%
NAT
FZROX