PSHG vs. SHELL.AS

Last updated Jun 4, 2026

PSHG (Performance Shipping Inc.) and SHELL.AS (Shell plc) are both stocks. PSHG operates in Marine Shipping (Industrials), while SHELL.AS operates in Oil & Gas Integrated (Energy). Over the past 10 years, PSHG returned -77.27%/yr vs 11.18%/yr for SHELL.AS. At a 0.12 correlation, their price movements are largely independent.

Performance

PSHG vs. SHELL.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Performance Shipping Inc. (PSHG) and Shell plc (SHELL.AS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PSHG is traded in USD, while SHELL.AS is traded in EUR. To make them comparable, the SHELL.AS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PSHG achieves a -20.19% return, which is significantly lower than SHELL.AS's 20.96% return. Over the past 10 years, PSHG has underperformed SHELL.AS with an annualized return of -77.27%, while SHELL.AS has yielded a comparatively higher 11.18% annualized return.

PSHG

• 1D: -0.58%
• 1M: -6.59%
• YTD: -20.19%
• 6M: -31.45%
• 1Y: 6.58%
• 3Y*: 30.15%
• 5Y*: -53.58%
• 10Y*: -77.27%

SHELL.AS

• 1D: 1.38%
• 1M: -1.53%
• YTD: 20.96%
• 6M: 19.32%
• 1Y: 33.85%
• 3Y*: 19.63%
• 5Y*: 21.79%
• 10Y*: 11.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSHG vs. SHELL.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSHG Performance Shipping Inc.	-20.19%	14.52%	-18.06%	-35.88%	-93.64%	-18.82%	-44.53%	29.23%	-83.99%	-99.98%
SHELL.AS Shell plc	20.96%	23.41%	-1.32%	20.79%	33.63%	28.06%	-36.25%	6.41%	-6.75%	30.28%

Correlation

The correlation between PSHG and SHELL.AS is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jan 4, 2011	0.12

Return for Risk

PSHG vs. SHELL.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSHG

PSHG Risk / Return Rank: 44
PSHG Sharpe Ratio Rank: 45
PSHG Sortino Ratio Rank: 44
PSHG Omega Ratio Rank: 42
PSHG Calmar Ratio Rank: 45
PSHG Martin Ratio Rank: 45

SHELL.AS

SHELL.AS Risk / Return Rank: 77
SHELL.AS Sharpe Ratio Rank: 80
SHELL.AS Sortino Ratio Rank: 73
SHELL.AS Omega Ratio Rank: 75
SHELL.AS Calmar Ratio Rank: 78
SHELL.AS Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSHG vs. SHELL.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Performance Shipping Inc. (PSHG) and Shell plc (SHELL.AS). 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.

	PSHG	SHELL.AS	Difference
Sharpe ratio: Return per unit of total volatility	0.12	1.57	-1.45
Sortino ratio: Return per unit of downside risk	0.60	2.07	-1.48
Omega ratio: Gain probability vs. loss probability	1.07	1.29	-0.22
Calmar ratio: Return relative to maximum drawdown	0.19	3.08	-2.90
Martin ratio: Return relative to average drawdown	0.38	8.48	-8.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSHG vs. SHELL.AS - Sharpe Ratio Comparison

The current PSHG Sharpe Ratio is 0.12, which is lower than the SHELL.AS Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of PSHG and SHELL.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSHG	SHELL.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	1.57	-1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.62	0.84	-1.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.47	0.38	-0.84
Sharpe Ratio (All Time) Calculated using the full available price history	-0.49	0.21	-0.70

Drawdowns

PSHG vs. SHELL.AS - Drawdown Comparison

The maximum PSHG drawdown since its inception was -100.00%, which is greater than SHELL.AS's maximum drawdown of -64.86%. Use the drawdown chart below to compare losses from any high point for PSHG and SHELL.AS.

Drawdown Indicators

	PSHG	SHELL.AS	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-64.86%	-35.14%
Max Drawdown (1Y) Largest decline over 1 year	-35.69%	-10.83%	-24.86%
Max Drawdown (3Y) Largest decline over 3 years	-45.27%	-20.43%	-24.84%
Max Drawdown (5Y) Largest decline over 5 years	-99.23%	-25.10%	-74.13%
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	-64.86%	-35.14%
Current Drawdown Current decline from peak	-100.00%	-6.61%	-93.39%
Average Drawdown Average peak-to-trough decline	-87.22%	-16.73%	-70.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.32%	3.96%	+13.36%

Volatility

PSHG vs. SHELL.AS - Volatility Comparison

Performance Shipping Inc. (PSHG) has a higher volatility of 11.66% compared to Shell plc (SHELL.AS) at 7.24%. This indicates that PSHG's price experiences larger fluctuations and is considered to be riskier than SHELL.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSHG	SHELL.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.66%	7.24%	+4.42%
Volatility (6M) Calculated over the trailing 6-month period	36.29%	17.87%	+18.42%
Volatility (1Y) Calculated over the trailing 1-year period	54.46%	21.24%	+33.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.07%	25.67%	+61.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	166.20%	29.05%	+137.15%

Dividends

PSHG vs. SHELL.AS - Dividend Comparison

PSHG has not paid dividends to shareholders, while SHELL.AS's dividend yield for the trailing twelve months is around 3.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSHG Performance Shipping Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.19%	0.00%	0.00%	0.00%	1.44%	1.25%
SHELL.AS Shell plc	3.36%	4.01%	4.18%	3.84%	3.56%	3.61%	5.72%	6.43%	6.24%	5.96%	6.55%	8.08%

Financials

Frequently Asked Questions

Can I hold both PSHG and SHELL.AS in my portfolio?

PSHG and SHELL.AS have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.