NC vs. DHT
NC (NACCO Industries, Inc.) and DHT (DHT Holdings, Inc.) are both stocks. Both are in the Energy sector — NC in Thermal Coal, DHT in Oil & Gas Midstream. Over the past 10 years, NC returned 1.44%/yr vs 22.60%/yr for DHT. At a 0.25 correlation, their price movements are largely independent.
Performance
NC vs. DHT - Performance Comparison
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Returns By Period
In the year-to-date period, NC achieves a 6.46% return, which is significantly lower than DHT's 57.30% return. Over the past 10 years, NC has underperformed DHT with an annualized return of 1.44%, while DHT has yielded a comparatively higher 22.60% annualized return.
NC
- 1D
- -0.15%
- 1M
- 5.41%
- YTD
- 6.46%
- 6M
- 7.03%
- 1Y
- 29.70%
- 3Y*
- 16.87%
- 5Y*
- 17.69%
- 10Y*
- 1.44%
DHT
- 1D
- -6.76%
- 1M
- 3.91%
- YTD
- 57.30%
- 6M
- 58.60%
- 1Y
- 76.38%
- 3Y*
- 43.05%
- 5Y*
- 30.99%
- 10Y*
- 22.60%
NC vs. DHT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NC NACCO Industries, Inc. | 6.46% | 68.74% | -15.91% | -1.51% | 6.71% | 42.16% | -42.27% | 40.37% | -8.34% | -57.76% |
DHT DHT Holdings, Inc. | 57.30% | 40.04% | 3.58% | 24.07% | 73.87% | 1.41% | -20.52% | 118.96% | 11.32% | -9.26% |
Correlation
The correlation between NC and DHT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2005 | 0.25 |
Fundamentals
NC:
$390.51M
DHT:
$2.91B
NC:
$2.87
DHT:
$2.06
NC:
17.99
DHT:
8.78
NC:
0.43
DHT:
0.29
NC:
1.41
DHT:
5.14
NC:
0.89
DHT:
2.36
NC:
$274.40M
DHT:
$566.07M
NC:
$42.94M
DHT:
$268.69M
NC:
-$5.34M
DHT:
$450.13M
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Return for Risk
NC vs. DHT — Risk / Return Rank
NC
DHT
NC vs. DHT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NACCO Industries, Inc. (NC) and DHT Holdings, Inc. (DHT). 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.
| NC | DHT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.48 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.34 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 5.04 | -3.52 |
| Martin ratioReturn relative to average drawdown | 2.76 | 11.49 | -8.73 |
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Drawdowns
NC vs. DHT - Drawdown Comparison
The maximum NC drawdown since its inception was -91.50%, smaller than the maximum DHT drawdown of -97.12%. Use the drawdown chart below to compare losses from any high point for NC and DHT.
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Drawdown Indicators
| NC | DHT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.50% | -97.12% | +5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -19.61% | -15.22% | -4.39% |
Max Drawdown (3Y)Largest decline over 3 years | -31.24% | -24.96% | -6.28% |
Max Drawdown (5Y)Largest decline over 5 years | -55.01% | -34.44% | -20.57% |
Max Drawdown (10Y)Largest decline over 10 years | -80.21% | -39.56% | -40.65% |
Current DrawdownCurrent decline from peak | -34.08% | -63.69% | +29.61% |
Average DrawdownAverage peak-to-trough decline | -36.54% | -76.34% | +39.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.79% | 6.68% | +4.11% |
Volatility
NC vs. DHT - Volatility Comparison
The current volatility for NACCO Industries, Inc. (NC) is 7.17%, while DHT Holdings, Inc. (DHT) has a volatility of 14.14%. This indicates that NC experiences smaller price fluctuations and is considered to be less risky than DHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NC | DHT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 14.14% | -6.97% |
Volatility (6M)Calculated over the trailing 6-month period | 29.76% | 29.36% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.28% | 35.13% | +7.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.76% | 38.61% | +8.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.34% | 41.69% | +8.65% |
Dividends
NC vs. DHT - Dividend Comparison
NC's dividend yield for the trailing twelve months is around 1.97%, less than DHT's 8.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHT DHT Holdings, Inc. | 8.13% | 6.06% | 10.76% | 11.72% | 1.35% | 2.50% | 25.81% | 2.42% | 2.04% | 5.57% | 17.15% | 6.55% |
NC NACCO Industries, Inc. | 1.97% | 2.01% | 3.02% | 2.36% | 2.16% | 2.16% | 2.92% | 1.57% | 1.95% | 2.60% | 1.18% | 2.48% |
Financials
NC vs. DHT - Financials Comparison
This section allows you to compare key financial metrics between NACCO Industries, Inc. and DHT Holdings, 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
NC vs. DHT - Profitability Comparison
NC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NACCO Industries, Inc. reported a gross profit of 14.29M and revenue of 62.78M. Therefore, the gross margin over that period was 22.8%.
DHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported a gross profit of 112.62M and revenue of 186.48M. Therefore, the gross margin over that period was 60.4%.
NC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NACCO Industries, Inc. reported an operating income of 16.57M and revenue of 62.78M, resulting in an operating margin of 26.4%.
DHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported an operating income of 107.66M and revenue of 186.48M, resulting in an operating margin of 57.7%.
NC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NACCO Industries, Inc. reported a net income of 8.84M and revenue of 62.78M, resulting in a net margin of 14.1%.
DHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported a net income of 164.53M and revenue of 186.48M, resulting in a net margin of 88.2%.
Frequently Asked Questions
NC and DHT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHT has higher volatility (14.14%) compared to NC (7.17%). In terms of maximum drawdown, NC dropped -91.50% vs DHT's -97.12%.
DHT currently has the higher Sharpe Ratio (2.19 vs 0.71), 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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