SB vs. DSX
SB (Safe Bulkers, Inc.) and DSX (Diana Shipping Inc.) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, SB returned 24.44%/yr vs 6.24%/yr for DSX. Their 0.54 correlation means they have sometimes moved together and sometimes differently.
Performance
SB vs. DSX - Performance Comparison
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Returns By Period
In the year-to-date period, SB achieves a 64.83% return, which is significantly higher than DSX's 47.62% return. Over the past 10 years, SB has outperformed DSX with an annualized return of 24.44%, while DSX has yielded a comparatively lower 6.24% annualized return.
SB
- 1D
- -1.76%
- 1M
- 22.03%
- 6M
- 39.14%
- YTD
- 64.83%
- 1Y
- 107.08%
- 3Y*
- 40.09%
- 5Y*
- 23.78%
- 10Y*
- 24.44%
- ALL TIME*
- -0.91%
DSX
- 1D
- 5.65%
- 1M
- 15.71%
- 6M
- 5.63%
- YTD
- 47.62%
- 1Y
- 66.39%
- 3Y*
- -6.89%
- 5Y*
- 0.17%
- 10Y*
- 6.24%
- ALL TIME*
- -3.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.42M | $1.02M | $1.98M | |
| $6.69M | $6.75M | $5.74M |
SB vs. DSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SB Safe Bulkers, Inc. | 64.83% | 41.65% | -5.15% | 42.94% | -18.68% | 190.00% | -23.53% | -4.49% | -44.89% | 180.87% |
DSX Diana Shipping Inc. | 47.62% | -13.29% | -28.12% | -11.15% | 18.18% | 134.77% | -37.94% | -2.20% | -21.87% | 34.77% |
Correlation
The correlation between SB and DSX is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.60 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.54 |
Correlation (All Time) Calculated using the full available price history since May 30, 2008 | 0.54 |
The correlation between SB and DSX has been stable across timeframes, ranging from 0.54 to 0.63 - a consistent structural relationship.
Fundamentals
SB:
$795.27M
DSX:
$300.20M
SB:
$0.85
DSX:
$0.53
SB:
9.17
DSX:
4.56
SB:
2.59
DSX:
1.27
SB:
0.91
DSX:
0.51
SB:
$307.50M
DSX:
$215.93M
SB:
$136.03M
DSX:
$86.59M
SB:
$167.78M
DSX:
$104.48M
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Return for Risk
SB vs. DSX — Risk / Return Rank
SB
DSX
SB vs. DSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Safe Bulkers, Inc. (SB) and Diana Shipping Inc. (DSX). 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.
| SB | DSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.23 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 7.27 | 2.05 | +5.22 |
| Martin ratioReturn relative to average drawdown | 19.31 | 4.93 | +14.38 |
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Drawdowns
SB vs. DSX - Drawdown Comparison
The maximum SB drawdown since its inception was -97.38%, roughly equal to the maximum DSX drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for SB and DSX.
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Drawdown Indicators
| SB | DSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.38% | -96.20% | -1.18% |
Max Drawdown (1Y)Largest decline over 1 year | -14.73% | -30.39% | +15.66% |
Max Drawdown (3Y)Largest decline over 3 years | -49.71% | -60.20% | +10.49% |
Max Drawdown (5Y)Largest decline over 5 years | -52.55% | -71.03% | +18.48% |
Max Drawdown (10Y)Largest decline over 10 years | -78.46% | -78.94% | +0.48% |
Current DrawdownCurrent decline from peak | -16.15% | -86.90% | +70.75% |
Average DrawdownAverage peak-to-trough decline | -62.78% | -70.32% | +7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 12.63% | -7.09% |
Volatility
SB vs. DSX - Volatility Comparison
The current volatility for Safe Bulkers, Inc. (SB) is 10.85%, while Diana Shipping Inc. (DSX) has a volatility of 12.45%. This indicates that SB experiences smaller price fluctuations and is considered to be less risky than DSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SB | DSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.85% | 12.45% | -1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 27.29% | 33.20% | -5.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.74% | 48.11% | -14.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.35% | 46.69% | -5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.11% | 52.74% | +2.37% |
Dividends
SB vs. DSX - Dividend Comparison
SB's dividend yield for the trailing twelve months is around 2.69%, more than DSX's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSX Diana Shipping Inc. | 1.65% | 2.41% | 11.99% | 20.20% | 23.08% | 2.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SB Safe Bulkers, Inc. | 2.69% | 4.15% | 5.60% | 5.09% | 6.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.94% |
Financials
SB vs. DSX - Financials Comparison
This section allows you to compare key financial metrics between Safe Bulkers, Inc. and Diana Shipping 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
SB vs. DSX - Profitability Comparison
SB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Safe Bulkers, Inc. reported a gross profit of 43.04M and revenue of 87.46M. Therefore, the gross margin over that period was 49.2%.
DSX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Diana Shipping Inc. reported a gross profit of 20.75M and revenue of 57.28M. Therefore, the gross margin over that period was 36.2%.
SB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Safe Bulkers, Inc. reported an operating income of 35.91M and revenue of 87.46M, resulting in an operating margin of 41.1%.
DSX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Diana Shipping Inc. reported an operating income of 12.15M and revenue of 57.28M, resulting in an operating margin of 21.2%.
SB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Safe Bulkers, Inc. reported a net income of 35.16M and revenue of 87.46M, resulting in a net margin of 40.2%.
DSX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Diana Shipping Inc. reported a net income of 20.76M and revenue of 57.28M, resulting in a net margin of 36.2%.
Frequently Asked Questions
SB and DSX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DSX has higher volatility (12.45%) compared to SB (10.85%). In terms of maximum drawdown, SB dropped -97.38% vs DSX's -96.20%.
SB currently has the higher Sharpe Ratio (3.18 vs 1.30), 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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