PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NAT vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

NAT vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nordic American Tankers Limited (NAT) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-24.46%
11.74%
NAT
FZROX

Returns By Period

In the year-to-date period, NAT achieves a -20.29% return, which is significantly lower than FZROX's 24.25% return.


NAT

YTD

-20.29%

1M

-14.57%

6M

-24.46%

1Y

-22.46%

5Y (annualized)

4.53%

10Y (annualized)

-3.22%

FZROX

YTD

24.25%

1M

0.93%

6M

11.74%

1Y

32.66%

5Y (annualized)

14.95%

10Y (annualized)

N/A

Key characteristics


NATFZROX
Sharpe Ratio-0.692.62
Sortino Ratio-0.873.50
Omega Ratio0.901.48
Calmar Ratio-0.293.85
Martin Ratio-1.7316.77
Ulcer Index12.44%1.97%
Daily Std Dev31.13%12.61%
Max Drawdown-90.41%-34.96%
Current Drawdown-73.16%-1.99%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.

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.


Sharpe ratio
The chart of Sharpe ratio for NAT, currently valued at -0.69, compared to the broader market-4.00-2.000.002.004.00-0.692.62
The chart of Sortino ratio for NAT, currently valued at -0.87, compared to the broader market-4.00-2.000.002.004.00-0.873.50
The chart of Omega ratio for NAT, currently valued at 0.90, compared to the broader market0.501.001.502.000.901.48
The chart of Calmar ratio for NAT, currently valued at -0.52, compared to the broader market0.002.004.006.00-0.523.85
The chart of Martin ratio for NAT, currently valued at -1.73, compared to the broader market-10.000.0010.0020.0030.00-1.7316.77
NAT
FZROX

The current NAT Sharpe Ratio is -0.69, which is lower than the FZROX Sharpe Ratio of 2.62. 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
-0.69
2.62
NAT
FZROX

Dividends

NAT vs. FZROX - Dividend Comparison

NAT's dividend yield for the trailing twelve months is around 13.77%, more than FZROX's 1.09% yield.


TTM20232022202120202019201820172016201520142013
NAT
Nordic American Tankers Limited
13.77%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
1.09%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
-39.95%
-1.99%
NAT
FZROX

Volatility

NAT vs. FZROX - Volatility Comparison

Nordic American Tankers Limited (NAT) has a higher volatility of 9.84% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.26%. 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
9.84%
4.26%
NAT
FZROX