OMEX vs. ODFL
OMEX (Odyssey Marine Exploration, Inc.) and ODFL (Old Dominion Freight Line, Inc.) are both stocks. Both are in the Industrials sector — OMEX in Specialty Business Services, ODFL in Trucking. Over the past 10 years, OMEX returned -8.36%/yr vs 27.75%/yr for ODFL. At a 0.15 correlation, their price movements are largely independent.
Performance
OMEX vs. ODFL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OMEX achieves a -56.12% return, which is significantly lower than ODFL's 39.13% return. Over the past 10 years, OMEX has underperformed ODFL with an annualized return of -8.36%, while ODFL has yielded a comparatively higher 27.75% annualized return.
OMEX
- 1D
- -0.46%
- 1M
- -20.37%
- YTD
- -56.12%
- 6M
- -61.09%
- 1Y
- -30.65%
- 3Y*
- -38.29%
- 5Y*
- -33.77%
- 10Y*
- -8.36%
ODFL
- 1D
- -0.88%
- 1M
- 3.51%
- YTD
- 39.13%
- 6M
- 37.54%
- 1Y
- 35.72%
- 3Y*
- 10.66%
- 5Y*
- 12.09%
- 10Y*
- 27.75%
OMEX vs. ODFL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OMEX Odyssey Marine Exploration, Inc. | -56.12% | 172.22% | -84.52% | 19.85% | -25.38% | -26.76% | 122.57% | -4.20% | -11.67% | 10.23% |
ODFL Old Dominion Freight Line, Inc. | 39.13% | -10.47% | -12.51% | 43.46% | -20.48% | 84.15% | 54.81% | 54.36% | -5.79% | 54.11% |
Correlation
The correlation between OMEX and ODFL is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 1999 | 0.15 |
The correlation between OMEX and ODFL shifts across timeframes, from 0.04 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
Fundamentals
OMEX:
-$1.00
ODFL:
$4.78
OMEX:
56.61
ODFL:
8.40
OMEX:
$467.12K
ODFL:
$5.46B
OMEX:
-$1.46M
ODFL:
$1.69B
OMEX:
$1.32B
ODFL:
$1.71B
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
OMEX vs. ODFL — Risk / Return Rank
OMEX
ODFL
OMEX vs. ODFL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Odyssey Marine Exploration, Inc. (OMEX) and Old Dominion Freight Line, Inc. (ODFL). 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.
| OMEX | ODFL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.18 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 1.38 | -1.76 |
| Martin ratioReturn relative to average drawdown | -0.59 | 3.05 | -3.64 |
Loading charts...
Drawdowns
OMEX vs. ODFL - Drawdown Comparison
The maximum OMEX drawdown since its inception was -99.70%, which is greater than ODFL's maximum drawdown of -66.29%. Use the drawdown chart below to compare losses from any high point for OMEX and ODFL.
Loading charts...
Drawdown Indicators
| OMEX | ODFL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.70% | -66.29% | -33.41% |
Max Drawdown (1Y)Largest decline over 1 year | -81.36% | -26.06% | -55.30% |
Max Drawdown (3Y)Largest decline over 3 years | -94.60% | -45.18% | -49.42% |
Max Drawdown (5Y)Largest decline over 5 years | -96.05% | -45.18% | -50.87% |
Max Drawdown (10Y)Largest decline over 10 years | -97.40% | -45.18% | -52.22% |
Current DrawdownCurrent decline from peak | -99.14% | -12.52% | -86.62% |
Average DrawdownAverage peak-to-trough decline | -71.63% | -19.08% | -52.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.59% | 11.75% | +39.84% |
Volatility
OMEX vs. ODFL - Volatility Comparison
Odyssey Marine Exploration, Inc. (OMEX) has a higher volatility of 17.55% compared to Old Dominion Freight Line, Inc. (ODFL) at 12.77%. This indicates that OMEX's price experiences larger fluctuations and is considered to be riskier than ODFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OMEX | ODFL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.55% | 12.77% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 84.02% | 30.21% | +53.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 125.61% | 39.59% | +86.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.91% | 36.59% | +109.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 119.72% | 33.16% | +86.56% |
Dividends
OMEX vs. ODFL - Dividend Comparison
OMEX has not paid dividends to shareholders, while ODFL's dividend yield for the trailing twelve months is around 0.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ODFL Old Dominion Freight Line, Inc. | 0.52% | 0.71% | 0.59% | 0.39% | 0.42% | 0.22% | 0.31% | 0.36% | 0.42% | 0.38% |
OMEX Odyssey Marine Exploration, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OMEX vs. ODFL - Financials Comparison
This section allows you to compare key financial metrics between Odyssey Marine Exploration, Inc. and Old Dominion Freight Line, 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
OMEX and ODFL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OMEX has higher volatility (17.55%) compared to ODFL (12.77%). In terms of maximum drawdown, OMEX dropped -99.70% vs ODFL's -66.29%.
ODFL currently has the higher Sharpe Ratio (0.91 vs -0.24), 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 OMEX and ODFL
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