NAT vs. INSW
NAT (Nordic American Tankers Limited) and INSW (International Seaways, Inc.) are both stocks. NAT operates in Marine Shipping (Industrials), while INSW operates in Oil & Gas Midstream (Energy). Over the past 5 years, NAT returned 23.54%/yr vs 50.07%/yr for INSW. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
NAT vs. INSW - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with NAT having a 94.17% return and INSW slightly higher at 98.69%.
NAT
- 1D
- 6.15%
- 1M
- 19.96%
- YTD
- 94.17%
- 6M
- 95.31%
- 1Y
- 159.58%
- 3Y*
- 33.66%
- 5Y*
- 23.54%
- 10Y*
- -0.19%
INSW
- 1D
- 4.64%
- 1M
- 12.03%
- YTD
- 98.69%
- 6M
- 97.84%
- 1Y
- 148.32%
- 3Y*
- 49.17%
- 5Y*
- 50.07%
- 10Y*
- —
NAT vs. INSW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NAT Nordic American Tankers Limited | 94.17% | 54.57% | -33.63% | 55.83% | 87.90% | -41.48% | -32.82% | 156.48% | -13.56% | -68.39% |
INSW International Seaways, Inc. | 98.69% | 44.97% | -10.85% | 42.93% | 162.53% | -2.93% | -44.43% | 76.72% | -8.78% | 31.48% |
Correlation
The correlation between NAT and INSW is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2016 | 0.61 |
The correlation between NAT and INSW shifts across timeframes, from 0.61 (all time) to 0.77 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
NAT:
$1.31B
INSW:
$4.40B
NAT:
$0.26
INSW:
$11.01
NAT:
24.21
INSW:
8.03
NAT:
0.30
INSW:
1.27
NAT:
3.94
INSW:
6.49
NAT:
2.88
INSW:
2.00
NAT:
$334.09M
INSW:
$675.87M
NAT:
$97.31M
INSW:
$274.33M
NAT:
$132.71M
INSW:
$525.75M
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. INSW — Risk / Return Rank
NAT
INSW
NAT vs. INSW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordic American Tankers Limited (NAT) and International Seaways, Inc. (INSW). 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.
| NAT | INSW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.54 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 8.70 | 9.23 | -0.53 |
| Martin ratioReturn relative to average drawdown | 27.39 | 26.77 | +0.62 |
Loading charts...
Drawdowns
NAT vs. INSW - Drawdown Comparison
The maximum NAT drawdown since its inception was -90.20%, which is greater than INSW's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for NAT and INSW.
Loading charts...
Drawdown Indicators
| NAT | INSW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.20% | -57.49% | -32.71% |
Max Drawdown (1Y)Largest decline over 1 year | -18.45% | -16.16% | -2.29% |
Max Drawdown (3Y)Largest decline over 3 years | -46.31% | -50.40% | +4.09% |
Max Drawdown (5Y)Largest decline over 5 years | -58.72% | -50.40% | -8.32% |
Max Drawdown (10Y)Largest decline over 10 years | -85.97% | — | — |
Current DrawdownCurrent decline from peak | -31.49% | 0.00% | -31.49% |
Average DrawdownAverage peak-to-trough decline | -43.99% | -20.85% | -23.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.85% | 5.63% | +0.22% |
Volatility
NAT vs. INSW - Volatility Comparison
Nordic American Tankers Limited (NAT) has a higher volatility of 13.08% compared to International Seaways, Inc. (INSW) at 11.01%. This indicates that NAT's price experiences larger fluctuations and is considered to be riskier than INSW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NAT | INSW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.08% | 11.01% | +2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 29.44% | 28.32% | +1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.15% | 36.69% | +0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.28% | 41.12% | +10.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.12% | 45.29% | +12.83% |
Dividends
NAT vs. INSW - Dividend Comparison
NAT's dividend yield for the trailing twelve months is around 9.98%, more than INSW's 9.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INSW International Seaways, Inc. | 9.42% | 6.04% | 16.05% | 13.83% | 3.84% | 9.26% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NAT Nordic American Tankers Limited | 9.98% | 10.47% | 16.00% | 11.67% | 3.59% | 3.55% | 15.25% | 2.03% | 8.00% | 21.54% | 16.31% | 8.88% |
Financials
NAT vs. INSW - Financials Comparison
This section allows you to compare key financial metrics between Nordic American Tankers Limited and International Seaways, Inc.. 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
NAT and INSW have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NAT has higher volatility (13.08%) compared to INSW (11.01%). In terms of maximum drawdown, NAT dropped -90.20% vs INSW's -57.49%.
NAT currently has the higher Sharpe Ratio (4.33 vs 4.08), 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 INSW
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