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 22.34%/yr vs 5.79%/yr for DSX. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
SB vs. DSX - Performance Comparison
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Returns By Period
In the year-to-date period, SB achieves a 35.26% return, which is significantly lower than DSX's 42.15% return. Over the past 10 years, SB has outperformed DSX with an annualized return of 22.34%, while DSX has yielded a comparatively lower 5.79% annualized return.
SB
- 1D
- 0.15%
- 1M
- -3.58%
- YTD
- 35.26%
- 6M
- 21.66%
- 1Y
- 76.67%
- 3Y*
- 29.08%
- 5Y*
- 16.70%
- 10Y*
- 22.34%
DSX
- 1D
- -1.67%
- 1M
- -9.27%
- YTD
- 42.15%
- 6M
- 18.60%
- 1Y
- 52.02%
- 3Y*
- -8.69%
- 5Y*
- -2.36%
- 10Y*
- 5.79%
SB vs. DSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SB Safe Bulkers, Inc. | 35.26% | 41.65% | -5.15% | 42.94% | -18.68% | 190.00% | -23.53% | -4.49% | -44.89% | 180.87% |
DSX Diana Shipping Inc. | 42.15% | -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 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2008 | 0.54 |
The correlation between SB and DSX shifts across timeframes, from 0.54 (10 years) to 0.67 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SB:
$662.06M
DSX:
$263.82M
SB:
$0.38
DSX:
$0.39
SB:
17.18
DSX:
5.96
SB:
2.40
DSX:
1.23
SB:
0.80
DSX:
0.50
SB:
$275.74M
DSX:
$213.34M
SB:
$99.06M
DSX:
$85.80M
SB:
$134.68M
DSX:
$103.02M
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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.
| SB | DSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.20 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 5.23 | 2.57 | +2.66 |
| Martin ratioReturn relative to average drawdown | 15.79 | 6.04 | +9.75 |
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
| SB | DSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 1.09 | +1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | -0.05 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.11 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | -0.08 | +0.04 |
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% | -20.30% | +5.57% |
Max Drawdown (3Y)Largest decline over 3 years | -49.71% | -60.40% | +10.69% |
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 | -31.19% | -87.38% | +56.19% |
Average DrawdownAverage peak-to-trough decline | -63.12% | -70.19% | +7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.87% | 8.64% | -3.77% |
Volatility
SB vs. DSX - Volatility Comparison
The current volatility for Safe Bulkers, Inc. (SB) is 14.80%, while Diana Shipping Inc. (DSX) has a volatility of 16.42%. 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 | 14.80% | 16.42% | -1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 24.00% | 34.79% | -10.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.68% | 47.88% | -15.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.18% | 47.09% | -4.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.65% | 53.70% | +1.95% |
Dividends
SB vs. DSX - Dividend Comparison
SB's dividend yield for the trailing twelve months is around 3.09%, more than DSX's 1.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSX Diana Shipping Inc. | 1.70% | 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. | 3.09% | 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 Jun 2026, Safe Bulkers, Inc. reported a gross profit of 30.51M and revenue of 72.57M. Therefore, the gross margin over that period was 42.0%.
DSX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Diana Shipping Inc. reported a gross profit of 20.20M and revenue of 54.73M. Therefore, the gross margin over that period was 36.9%.
SB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Safe Bulkers, Inc. reported an operating income of 22.55M and revenue of 72.57M, resulting in an operating margin of 31.1%.
DSX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Diana Shipping Inc. reported an operating income of 11.23M and revenue of 54.73M, resulting in an operating margin of 20.5%.
SB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Safe Bulkers, Inc. reported a net income of 11.84M and revenue of 72.57M, resulting in a net margin of 16.3%.
DSX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Diana Shipping Inc. reported a net income of 29.15M and revenue of 54.73M, resulting in a net margin of 53.3%.
Frequently Asked Questions
SB and DSX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DSX has higher volatility (16.42%) compared to SB (14.80%). In terms of maximum drawdown, SB dropped -97.38% vs DSX's -96.20%.
SB currently has the higher Sharpe Ratio (2.36 vs 1.09), 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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