PDS vs. SDRL
PDS (Precision Drilling Corporation) and SDRL (Seadrill Limited) are both stocks. Both operate in the Oil & Gas Drilling industry within the Energy sector. Over the past 3 years, PDS returned 14.93%/yr vs -1.50%/yr for SDRL. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
PDS vs. SDRL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PDS achieves a 13.79% return, which is significantly lower than SDRL's 22.05% return.
PDS
- 1D
- -0.20%
- 1M
- -6.55%
- 6M
- 9.98%
- YTD
- 13.79%
- 1Y
- 62.99%
- 3Y*
- 14.93%
- 5Y*
- 18.71%
- 10Y*
- -1.93%
SDRL
- 1D
- -1.47%
- 1M
- 5.00%
- 6M
- 20.01%
- YTD
- 22.05%
- 1Y
- 52.34%
- 3Y*
- -1.50%
- 5Y*
- —
- 10Y*
- —
PDS vs. SDRL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PDS Precision Drilling Corporation | 13.79% | 17.70% | 12.49% | -29.22% | 34.04% |
SDRL Seadrill Limited | 22.05% | -11.12% | -17.66% | 44.85% | 25.54% |
Correlation
The correlation between PDS and SDRL is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2022 | 0.58 |
The correlation between PDS and SDRL has been stable across timeframes, ranging from 0.58 to 0.61 - a consistent structural relationship.
Fundamentals
PDS:
$1.06B
SDRL:
$2.64B
PDS:
-CA$1.14
SDRL:
-$0.38
PDS:
0.82
SDRL:
1.84
PDS:
0.92
SDRL:
0.92
PDS:
CA$1.87B
SDRL:
$1.45B
PDS:
CA$628.67M
SDRL:
$240.00M
PDS:
CA$485.48M
SDRL:
$285.00M
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
PDS vs. SDRL — Risk / Return Rank
PDS
SDRL
PDS vs. SDRL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Precision Drilling Corporation (PDS) and Seadrill Limited (SDRL). 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.
| PDS | SDRL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 1.69 | +0.73 |
| Martin ratioReturn relative to average drawdown | 8.02 | 5.01 | +3.01 |
Loading charts...
Drawdowns
PDS vs. SDRL - Drawdown Comparison
The maximum PDS drawdown since its inception was -99.16%, which is greater than SDRL's maximum drawdown of -66.14%. Use the drawdown chart below to compare losses from any high point for PDS and SDRL.
Loading charts...
Drawdown Indicators
| PDS | SDRL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.16% | -66.14% | -33.02% |
Max Drawdown (1Y)Largest decline over 1 year | -26.19% | -31.20% | +5.01% |
Max Drawdown (3Y)Largest decline over 3 years | -50.50% | -66.14% | +15.64% |
Max Drawdown (5Y)Largest decline over 5 years | -55.51% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -95.33% | — | — |
Current DrawdownCurrent decline from peak | -87.78% | -23.69% | -64.09% |
Average DrawdownAverage peak-to-trough decline | -69.59% | -23.03% | -46.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.88% | 10.47% | -2.59% |
Volatility
PDS vs. SDRL - Volatility Comparison
The current volatility for Precision Drilling Corporation (PDS) is 11.20%, while Seadrill Limited (SDRL) has a volatility of 14.16%. This indicates that PDS experiences smaller price fluctuations and is considered to be less risky than SDRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PDS | SDRL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.20% | 14.16% | -2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 29.23% | 28.67% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.35% | 42.10% | -5.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.08% | 42.30% | +5.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.89% | 42.30% | +16.59% |
Dividends
PDS vs. SDRL - Dividend Comparison
Neither PDS nor SDRL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDS Precision Drilling Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.11% |
SDRL Seadrill Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PDS vs. SDRL - Financials Comparison
This section allows you to compare key financial metrics between Precision Drilling Corporation and Seadrill Limited. 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
PDS vs. SDRL - Profitability Comparison
PDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Precision Drilling Corporation reported a gross profit of 81.57M and revenue of 527.41M. Therefore, the gross margin over that period was 15.5%.
SDRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Seadrill Limited reported a gross profit of 50.00M and revenue of 358.00M. Therefore, the gross margin over that period was 14.0%.
PDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Precision Drilling Corporation reported an operating income of 39.72M and revenue of 527.41M, resulting in an operating margin of 7.5%.
SDRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Seadrill Limited reported an operating income of 25.00M and revenue of 358.00M, resulting in an operating margin of 7.0%.
PDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Precision Drilling Corporation reported a net income of 17.42M and revenue of 527.41M, resulting in a net margin of 3.3%.
SDRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Seadrill Limited reported a net income of 39.00M and revenue of 358.00M, resulting in a net margin of 10.9%.
Frequently Asked Questions
PDS and SDRL have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SDRL has higher volatility (14.16%) compared to PDS (11.20%). In terms of maximum drawdown, PDS dropped -99.16% vs SDRL's -66.14%.
PDS currently has the higher Sharpe Ratio (1.74 vs 1.25), 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 PDS and SDRL
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