SAPMY vs. INSW

Last updated Jul 11, 2026

SAPMY (Saipem SpA ADR) and INSW (International Seaways, Inc.) are both stocks. Both are in the Energy sector — SAPMY in Oil & Gas Equipment & Services, INSW in Oil & Gas Midstream. Over the past 5 years, SAPMY returned 3.63%/yr vs 51.47%/yr for INSW. At a 0.10 correlation, their price movements are largely independent.

Performance

SAPMY vs. INSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Saipem SpA ADR (SAPMY) and International Seaways, Inc. (INSW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SAPMY having a 102.80% return and INSW slightly lower at 98.85%.

SAPMY

• 1D: 3.37%
• 1M: 0.36%
• 6M: 99.42%
• YTD: 102.80%
• 1Y: 102.31%
• 3Y*: 148.08%
• 5Y*: 3.63%
• 10Y*: —

INSW

• 1D: 6.63%
• 1M: 7.89%
• 6M: 77.43%
• YTD: 98.85%
• 1Y: 149.26%
• 3Y*: 48.58%
• 5Y*: 51.47%
• 10Y*: —

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

SAPMY vs. INSW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAPMY Saipem SpA ADR	102.80%	382.30%	50.00%	45.45%	-93.87%	-22.79%	-44.06%	30.33%	-17.61%	18.54%
INSW International Seaways, Inc.	98.85%	44.97%	-10.85%	42.93%	162.53%	-2.93%	-44.43%	76.72%	-8.78%	0.33%

Correlation

The correlation between SAPMY and INSW is -0.08, 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	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (All Time) Calculated using the full available price history since Aug 24, 2017	0.10

The correlation between SAPMY and INSW shifts across timeframes, from -0.08 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SAPMY : $10.09B INSW : $4.38B
EPS SAPMY : €0.24 INSW : $11.00
PE Ratio SAPMY : 3.75 INSW : 8.05
PS Ratio SAPMY : 0.08 INSW : 6.50
PB Ratio SAPMY : 0.66 INSW : 2.00
Total Revenue (TTM) SAPMY : €15.52B INSW : $675.87M
Gross Profit (TTM) SAPMY : €5.53B INSW : $274.33M
EBITDA (TTM) SAPMY : €1.58B INSW : $525.75M

Return for Risk

SAPMY vs. INSW — Risk / Return Rank

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

SAPMY

SAPMY Risk / Return Rank: 84
SAPMY Sharpe Ratio Rank: 80
SAPMY Sortino Ratio Rank: 79
SAPMY Omega Ratio Rank: 85
SAPMY Calmar Ratio Rank: 89
SAPMY Martin Ratio Rank: 88

INSW

INSW Risk / Return Rank: 98
INSW Sharpe Ratio Rank: 98
INSW Sortino Ratio Rank: 98
INSW Omega Ratio Rank: 96
INSW Calmar Ratio Rank: 98
INSW Martin Ratio Rank: 98

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.

SAPMY vs. INSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Saipem SpA ADR (SAPMY) and International Seaways, Inc. (INSW). 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.

	SAPMY	INSW	Difference
Sharpe ratio: Return per unit of total volatility	1.20	3.99	-2.79
Sortino ratio: Return per unit of downside risk	1.98	4.53	-2.55
Omega ratio: Gain probability vs. loss probability	1.31	1.54	-0.23
Calmar ratio: Return relative to maximum drawdown	3.51	9.38	-5.87
Martin ratio: Return relative to average drawdown	8.31	25.88	-17.56

SAPMY vs. INSW - Sharpe Ratio Comparison

The current SAPMY Sharpe Ratio is 1.20, which is lower than the INSW Sharpe Ratio of 3.99. The chart below compares the historical Sharpe Ratios of SAPMY and INSW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SAPMY vs. INSW - Drawdown Comparison

The maximum SAPMY drawdown since its inception was -99.36%, which is greater than INSW's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for SAPMY and INSW.

Drawdown Indicators

	SAPMY	INSW	Difference
Max Drawdown Largest peak-to-trough decline	-99.36%	-57.49%	-41.87%
Max Drawdown (1Y) Largest decline over 1 year	-29.28%	-16.16%	-13.12%
Max Drawdown (3Y) Largest decline over 3 years	-37.14%	-50.40%	+13.26%
Max Drawdown (5Y) Largest decline over 5 years	-99.36%	-50.40%	-48.96%
Current Drawdown Current decline from peak	-57.12%	-1.67%	-55.45%
Average Drawdown Average peak-to-trough decline	-62.64%	-20.78%	-41.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.35%	5.85%	+6.50%

Volatility

SAPMY vs. INSW - Volatility Comparison

Saipem SpA ADR (SAPMY) has a higher volatility of 20.60% compared to International Seaways, Inc. (INSW) at 16.78%. This indicates that SAPMY's price experiences larger fluctuations and is considered to be riskier than INSW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAPMY	INSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.60%	16.78%	+3.82%
Volatility (6M) Calculated over the trailing 6-month period	48.22%	29.47%	+18.75%
Volatility (1Y) Calculated over the trailing 1-year period	85.79%	38.18%	+47.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	275.56%	41.38%	+234.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	209.31%	45.41%	+163.90%

Dividends

SAPMY vs. INSW - Dividend Comparison

SAPMY's dividend yield for the trailing twelve months is around 3.88%, less than INSW's 9.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
INSW International Seaways, Inc.	9.41%	6.04%	16.05%	13.83%	3.84%	9.26%	1.47%
SAPMY Saipem SpA ADR	3.88%	77.01%	0.00%	0.00%	169.09%	0.00%	0.22%

Financials

Frequently Asked Questions

Can I hold both SAPMY and INSW in my portfolio?

SAPMY and INSW have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAPMY or INSW?

SAPMY has higher volatility (20.60%) compared to INSW (16.78%). In terms of maximum drawdown, SAPMY dropped -99.36% vs INSW's -57.49%.

Which has better risk-adjusted returns?

INSW currently has the higher Sharpe Ratio (3.99 vs 1.20), 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.