SB vs. EGLE

Last updated Jun 4, 2026

SB (Safe Bulkers, Inc.) and EGLE (Eagle Bulk Shipping Inc.) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past year, SB returned 76.67% vs 15.68% for EGLE. At a 0.31 correlation, their price movements are largely independent.

Performance

SB vs. EGLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Safe Bulkers, Inc. (SB) and Eagle Bulk Shipping Inc. (EGLE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SB achieves a 35.26% return, which is significantly higher than EGLE's 6.86% 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%

EGLE

• 1D: -1.13%
• 1M: 5.69%
• YTD: 6.86%
• 6M: 7.51%
• 1Y: 15.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SB vs. EGLE - Yearly Performance Comparison

	2026 (YTD)	2025
SB Safe Bulkers, Inc.	35.26%	50.74%
EGLE Eagle Bulk Shipping Inc.	6.86%	20.14%

Correlation

The correlation between SB and EGLE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Apr 17, 2025	0.31

Fundamentals

Total Revenue (TTM) SB : $275.74M EGLE : $393.80M
Gross Profit (TTM) SB : $99.06M EGLE : $69.60M
EBITDA (TTM) SB : $134.68M EGLE : $88.01M

Return for Risk

SB vs. EGLE — Risk / Return Rank

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

SB

SB Risk / Return Rank: 90
SB Sharpe Ratio Rank: 91
SB Sortino Ratio Rank: 89
SB Omega Ratio Rank: 87
SB Calmar Ratio Rank: 92
SB Martin Ratio Rank: 93

EGLE

EGLE Risk / Return Rank: 76
EGLE Sharpe Ratio Rank: 81
EGLE Sortino Ratio Rank: 76
EGLE Omega Ratio Rank: 74
EGLE Calmar Ratio Rank: 70
EGLE Martin Ratio Rank: 78

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.

SB vs. EGLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Safe Bulkers, Inc. (SB) and Eagle Bulk Shipping Inc. (EGLE). 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	EGLE	Difference
Sharpe ratio Return per unit of total volatility	2.36	1.47	+0.88
Sortino ratio Return per unit of downside risk	3.08	2.07	+1.01
Omega ratio Gain probability vs. loss probability	1.39	1.26	+0.14
Calmar ratio Return relative to maximum drawdown	5.23	1.61	+3.62
Martin ratio Return relative to average drawdown	15.79	6.01	+9.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SB vs. EGLE - Sharpe Ratio Comparison

The current SB Sharpe Ratio is 2.36, which is higher than the EGLE Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of SB and EGLE, 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

	SB	EGLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	1.47	+0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	2.16	-2.19

Drawdowns

SB vs. EGLE - Drawdown Comparison

The maximum SB drawdown since its inception was -97.38%, which is greater than EGLE's maximum drawdown of -9.78%. Use the drawdown chart below to compare losses from any high point for SB and EGLE.

Drawdown Indicators

	SB	EGLE	Difference
Max Drawdown Largest peak-to-trough decline	-97.38%	-9.78%	-87.60%
Max Drawdown (1Y) Largest decline over 1 year	-14.73%	-9.78%	-4.95%
Max Drawdown (3Y) Largest decline over 3 years	-49.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-78.46%	—	—
Current Drawdown Current decline from peak	-31.19%	-1.53%	-29.66%
Average Drawdown Average peak-to-trough decline	-63.12%	-1.59%	-61.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	2.62%	+2.25%

Volatility

SB vs. EGLE - Volatility Comparison

Safe Bulkers, Inc. (SB) has a higher volatility of 14.80% compared to Eagle Bulk Shipping Inc. (EGLE) at 2.83%. This indicates that SB's price experiences larger fluctuations and is considered to be riskier than EGLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SB	EGLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.80%	2.83%	+11.97%
Volatility (6M) Calculated over the trailing 6-month period	24.00%	8.17%	+15.83%
Volatility (1Y) Calculated over the trailing 1-year period	32.68%	10.70%	+21.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.18%	11.56%	+30.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.65%	11.56%	+44.09%

Dividends

SB vs. EGLE - Dividend Comparison

SB's dividend yield for the trailing twelve months is around 3.09%, more than EGLE's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGLE Eagle Bulk Shipping Inc.	0.92%	0.99%	0.00%	0.00%	0.00%	0.00%	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

Frequently Asked Questions

Can I hold both SB and EGLE in my portfolio?

SB and EGLE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SB or EGLE?

SB has higher volatility (14.80%) compared to EGLE (2.83%). In terms of maximum drawdown, SB dropped -97.38% vs EGLE's -9.78%.

Which has better risk-adjusted returns?

SB currently has the higher Sharpe Ratio (2.36 vs 1.47), 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.