NAT vs. IFRA
NAT (Nordic American Tankers Limited) is a stock, while IFRA (iShares U.S. Infrastructure ETF) is Industrials Equities fund tracking the NYSE FactSet U.S. Infrastructure Index. Over the past 5 years, NAT returned 18.53%/yr vs 13.03%/yr for IFRA. At a 0.29 correlation, their price movements are largely independent.
Performance
NAT vs. IFRA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NAT achieves a 56.47% return, which is significantly higher than IFRA's 16.86% return.
NAT
- 1D
- -0.38%
- 1M
- -9.06%
- YTD
- 56.47%
- 6M
- 49.10%
- 1Y
- 119.42%
- 3Y*
- 26.01%
- 5Y*
- 18.53%
- 10Y*
- -2.71%
IFRA
- 1D
- 0.20%
- 1M
- -1.29%
- YTD
- 16.86%
- 6M
- 16.28%
- 1Y
- 28.44%
- 3Y*
- 20.10%
- 5Y*
- 13.03%
- 10Y*
- —
NAT vs. IFRA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NAT Nordic American Tankers Limited | 56.47% | 54.57% | -33.63% | 55.83% | 87.90% | -41.48% | -32.82% | 156.48% | 11.55% |
IFRA iShares U.S. Infrastructure ETF | 16.86% | 15.90% | 17.02% | 13.42% | -3.32% | 29.81% | 7.37% | 27.00% | -8.57% |
Correlation
The correlation between NAT and IFRA 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 | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2018 | 0.30 |
The correlation between NAT and IFRA shifts across timeframes, from 0.11 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NAT vs. IFRA — Risk / Return Rank
NAT
IFRA
NAT vs. IFRA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordic American Tankers Limited (NAT) and iShares U.S. Infrastructure ETF (IFRA). 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 | IFRA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.33 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 6.51 | 3.40 | +3.11 |
| Martin ratioReturn relative to average drawdown | 21.33 | 12.70 | +8.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NAT | IFRA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.32 | 1.94 | +1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.73 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.63 | -0.50 |
Drawdowns
NAT vs. IFRA - Drawdown Comparison
The maximum NAT drawdown since its inception was -90.20%, which is greater than IFRA's maximum drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for NAT and IFRA.
Loading charts...
Drawdown Indicators
| NAT | IFRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.20% | -41.06% | -49.14% |
Max Drawdown (1Y)Largest decline over 1 year | -18.45% | -8.40% | -10.05% |
Max Drawdown (3Y)Largest decline over 3 years | -46.31% | -19.93% | -26.38% |
Max Drawdown (5Y)Largest decline over 5 years | -59.88% | -19.93% | -39.95% |
Max Drawdown (10Y)Largest decline over 10 years | -87.33% | — | — |
Current DrawdownCurrent decline from peak | -44.79% | -2.66% | -42.13% |
Average DrawdownAverage peak-to-trough decline | -44.00% | -5.14% | -38.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.62% | 2.25% | +3.37% |
Volatility
NAT vs. IFRA - Volatility Comparison
Nordic American Tankers Limited (NAT) has a higher volatility of 9.26% compared to iShares U.S. Infrastructure ETF (IFRA) at 4.89%. This indicates that NAT's price experiences larger fluctuations and is considered to be riskier than IFRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NAT | IFRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.26% | 4.89% | +4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 27.64% | 11.32% | +16.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.17% | 14.79% | +21.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.06% | 17.92% | +33.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.02% | 21.38% | +36.64% |
Dividends
NAT vs. IFRA - Dividend Comparison
NAT's dividend yield for the trailing twelve months is around 9.00%, more than IFRA's 1.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IFRA iShares U.S. Infrastructure ETF | 1.59% | 1.84% | 1.75% | 1.98% | 1.98% | 1.63% | 2.08% | 1.68% | 2.50% | 0.00% | 0.00% | 0.00% |
NAT Nordic American Tankers Limited | 9.00% | 10.47% | 16.00% | 11.67% | 3.59% | 3.55% | 15.25% | 2.03% | 8.00% | 21.54% | 16.31% | 8.88% |
Frequently Asked Questions
NAT and IFRA 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.
NAT has higher volatility (9.26%) compared to IFRA (4.89%). In terms of maximum drawdown, NAT dropped -90.20% vs IFRA's -41.06%.
NAT currently has the higher Sharpe Ratio (3.32 vs 1.94), 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.
Find the right allocation for NAT and IFRA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer