RCL vs. JBLU
RCL (Royal Caribbean Cruises Ltd.) and JBLU (JetBlue Airways Corporation) are both stocks. RCL operates in Travel Services (Consumer Cyclical), while JBLU operates in Airlines (Industrials). Over the past 10 years, RCL returned 15.25%/yr vs -12.50%/yr for JBLU. At a 0.44 correlation, their price movements are largely independent.
Performance
RCL vs. JBLU - Performance Comparison
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Returns By Period
In the year-to-date period, RCL achieves a -1.45% return, which is significantly lower than JBLU's 4.62% return. Over the past 10 years, RCL has outperformed JBLU with an annualized return of 15.25%, while JBLU has yielded a comparatively lower -12.50% annualized return.
RCL
- 1D
- -2.86%
- 1M
- -0.66%
- YTD
- -1.45%
- 6M
- 9.27%
- 1Y
- 0.11%
- 3Y*
- 45.28%
- 5Y*
- 24.69%
- 10Y*
- 15.25%
JBLU
- 1D
- -1.86%
- 1M
- -6.85%
- YTD
- 4.62%
- 6M
- -3.84%
- 1Y
- -4.99%
- 3Y*
- -13.95%
- 5Y*
- -24.05%
- 10Y*
- -12.50%
RCL vs. JBLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RCL Royal Caribbean Cruises Ltd. | -1.45% | 22.46% | 78.98% | 161.97% | -35.72% | 2.96% | -43.50% | 39.94% | -16.13% | 48.22% |
JBLU JetBlue Airways Corporation | 4.62% | -42.11% | 41.62% | -14.35% | -54.49% | -2.06% | -22.33% | 16.56% | -28.11% | -0.36% |
Correlation
The correlation between RCL and JBLU is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2002 | 0.44 |
The correlation between RCL and JBLU shifts across timeframes, from 0.38 (3 years) to 0.51 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RCL:
$16.41
JBLU:
-$2.61
RCL:
4.04
JBLU:
0.14
RCL:
$18.39B
JBLU:
$9.16B
RCL:
$8.68B
JBLU:
$3.64B
RCL:
$7.13B
JBLU:
$151.00M
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Return for Risk
RCL vs. JBLU — Risk / Return Rank
RCL
JBLU
RCL vs. JBLU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Caribbean Cruises Ltd. (RCL) and JetBlue Airways Corporation (JBLU). 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.
| RCL | JBLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.04 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.00 | -0.13 | +0.14 |
| Martin ratioReturn relative to average drawdown | 0.01 | -0.28 | +0.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RCL | JBLU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.00 | -0.08 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | -0.40 | +0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | -0.23 | +0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | -0.08 | +0.34 |
Drawdowns
RCL vs. JBLU - Drawdown Comparison
The maximum RCL drawdown since its inception was -89.49%, roughly equal to the maximum JBLU drawdown of -90.91%. Use the drawdown chart below to compare losses from any high point for RCL and JBLU.
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Drawdown Indicators
| RCL | JBLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -90.91% | +1.42% |
Max Drawdown (1Y)Largest decline over 1 year | -32.36% | -37.62% | +5.26% |
Max Drawdown (3Y)Largest decline over 3 years | -35.02% | -63.29% | +28.27% |
Max Drawdown (5Y)Largest decline over 5 years | -67.64% | -81.64% | +14.00% |
Max Drawdown (10Y)Largest decline over 10 years | -83.30% | -85.58% | +2.28% |
Current DrawdownCurrent decline from peak | -24.38% | -84.76% | +60.38% |
Average DrawdownAverage peak-to-trough decline | -27.77% | -60.43% | +32.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.98% | 17.83% | +1.15% |
Volatility
RCL vs. JBLU - Volatility Comparison
The current volatility for Royal Caribbean Cruises Ltd. (RCL) is 12.07%, while JetBlue Airways Corporation (JBLU) has a volatility of 17.63%. This indicates that RCL experiences smaller price fluctuations and is considered to be less risky than JBLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RCL | JBLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 17.63% | -5.56% |
Volatility (6M)Calculated over the trailing 6-month period | 37.21% | 48.30% | -11.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.63% | 60.61% | -14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.38% | 60.02% | -11.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.29% | 54.37% | -1.08% |
Dividends
RCL vs. JBLU - Dividend Comparison
RCL's dividend yield for the trailing twelve months is around 1.84%, while JBLU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JBLU JetBlue Airways Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RCL Royal Caribbean Cruises Ltd. | 1.84% | 1.25% | 0.41% | 0.00% | 0.00% | 0.00% | 1.04% | 2.22% | 2.66% | 1.81% | 2.08% | 1.33% |
Financials
RCL vs. JBLU - Financials Comparison
This section allows you to compare key financial metrics between Royal Caribbean Cruises Ltd. and JetBlue Airways Corporation. 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
RCL vs. JBLU - Profitability Comparison
RCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Caribbean Cruises Ltd. reported a gross profit of 2.21B and revenue of 4.45B. Therefore, the gross margin over that period was 49.5%.
JBLU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JetBlue Airways Corporation reported a gross profit of 966.00M and revenue of 2.24B. Therefore, the gross margin over that period was 43.1%.
RCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Caribbean Cruises Ltd. reported an operating income of 1.16B and revenue of 4.45B, resulting in an operating margin of 26.1%.
JBLU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JetBlue Airways Corporation reported an operating income of -224.00M and revenue of 2.24B, resulting in an operating margin of -10.0%.
RCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Caribbean Cruises Ltd. reported a net income of 941.00M and revenue of 4.45B, resulting in a net margin of 21.1%.
JBLU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JetBlue Airways Corporation reported a net income of -319.00M and revenue of 2.24B, resulting in a net margin of -14.2%.
Frequently Asked Questions
RCL and JBLU have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JBLU has higher volatility (17.63%) compared to RCL (12.07%). In terms of maximum drawdown, RCL dropped -89.49% vs JBLU's -90.91%.
RCL currently has the higher Sharpe Ratio (0.00 vs -0.08), 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.
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