SBLK vs. SB

Last updated Jun 3, 2026

SBLK (Star Bulk Carriers Corp.) and SB (Safe Bulkers, Inc.) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, SBLK returned 29.13%/yr vs 22.32%/yr for SB. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

SBLK vs. SB - Performance Comparison

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

Returns By Period

In the year-to-date period, SBLK achieves a 44.82% return, which is significantly higher than SB's 35.05% return. Over the past 10 years, SBLK has outperformed SB with an annualized return of 29.13%, while SB has yielded a comparatively lower 22.32% annualized return.

SBLK

• 1D: -2.87%
• 1M: 8.39%
• YTD: 44.82%
• 6M: 41.34%
• 1Y: 72.25%
• 3Y*: 21.52%
• 5Y*: 20.78%
• 10Y*: 29.13%

SB

• 1D: -2.42%
• 1M: -3.15%
• YTD: 35.05%
• 6M: 24.70%
• 1Y: 78.26%
• 3Y*: 29.01%
• 5Y*: 16.72%
• 10Y*: 22.32%

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

SBLK vs. SB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SBLK Star Bulk Carriers Corp.	44.82%	30.76%	-21.04%	19.24%	8.50%	185.15%	-24.77%	29.82%	-18.83%	120.35%
SB Safe Bulkers, Inc.	35.05%	41.65%	-5.15%	42.94%	-18.68%	190.00%	-23.53%	-4.49%	-44.89%	180.87%

Correlation

The correlation between SBLK and SB is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jun 2, 2008	0.53

The correlation between SBLK and SB shifts across timeframes, from 0.53 (all time) to 0.71 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SBLK : $3.06B SB : $661.03M
EPS SBLK : $1.25 SB : $0.38
PE Ratio SBLK : 21.97 SB : 17.15
PS Ratio SBLK : 2.86 SB : 2.40
PB Ratio SBLK : 1.26 SB : 0.80
Total Revenue (TTM) SBLK : $1.09B SB : $275.74M
Gross Profit (TTM) SBLK : $377.07M SB : $99.06M
EBITDA (TTM) SBLK : $377.39M SB : $134.68M

Return for Risk

SBLK vs. SB — Risk / Return Rank

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

SBLK

SBLK Risk / Return Rank: 88
SBLK Sharpe Ratio Rank: 91
SBLK Sortino Ratio Rank: 88
SBLK Omega Ratio Rank: 86
SBLK Calmar Ratio Rank: 87
SBLK Martin Ratio Rank: 89

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

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.

SBLK vs. SB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Star Bulk Carriers Corp. (SBLK) and Safe Bulkers, Inc. (SB). 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.

	SBLK	SB	Difference
Sharpe ratio Return per unit of total volatility	2.47	2.41	+0.06
Sortino ratio Return per unit of downside risk	3.10	3.13	-0.03
Omega ratio Gain probability vs. loss probability	1.38	1.40	-0.02
Calmar ratio Return relative to maximum drawdown	4.03	5.25	-1.22
Martin ratio Return relative to average drawdown	11.26	16.06	-4.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SBLK vs. SB - Sharpe Ratio Comparison

The current SBLK Sharpe Ratio is 2.47, which is comparable to the SB Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of SBLK and SB, 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

	SBLK	SB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	2.41	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.40	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.40	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	-0.03	-0.15

Drawdowns

SBLK vs. SB - Drawdown Comparison

The maximum SBLK drawdown since its inception was -99.76%, roughly equal to the maximum SB drawdown of -97.38%. Use the drawdown chart below to compare losses from any high point for SBLK and SB.

Drawdown Indicators

	SBLK	SB	Difference
Max Drawdown Largest peak-to-trough decline	-99.76%	-97.38%	-2.38%
Max Drawdown (1Y) Largest decline over 1 year	-17.49%	-14.73%	-2.76%
Max Drawdown (3Y) Largest decline over 3 years	-48.44%	-49.71%	+1.27%
Max Drawdown (5Y) Largest decline over 5 years	-48.44%	-52.55%	+4.11%
Max Drawdown (10Y) Largest decline over 10 years	-73.77%	-78.46%	+4.69%
Current Drawdown Current decline from peak	-93.46%	-31.30%	-62.16%
Average Drawdown Average peak-to-trough decline	-82.69%	-63.13%	-19.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.26%	4.82%	+1.44%

Volatility

SBLK vs. SB - Volatility Comparison

The current volatility for Star Bulk Carriers Corp. (SBLK) is 9.63%, while Safe Bulkers, Inc. (SB) has a volatility of 14.82%. This indicates that SBLK experiences smaller price fluctuations and is considered to be less risky than SB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SBLK	SB	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.63%	14.82%	-5.19%
Volatility (6M) Calculated over the trailing 6-month period	23.21%	24.03%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	29.48%	32.69%	-3.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.51%	42.25%	+1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.74%	55.66%	-2.92%

Dividends

SBLK vs. SB - Dividend Comparison

SBLK's dividend yield for the trailing twelve months is around 2.12%, less than SB's 3.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SB Safe Bulkers, Inc.	3.10%	4.15%	5.60%	5.09%	6.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.94%
SBLK Star Bulk Carriers Corp.	2.12%	1.56%	16.72%	7.38%	33.80%	9.93%	0.57%	0.42%	0.00%	0.00%	0.00%	0.00%

Financials

SBLK vs. SB - Profitability Comparison

The chart below illustrates the profitability comparison between Star Bulk Carriers Corp. and Safe Bulkers, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SBLK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Star Bulk Carriers Corp. reported a gross profit of 92.95M and revenue of 281.15M. Therefore, the gross margin over that period was 33.1%.

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%.

SBLK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Star Bulk Carriers Corp. reported an operating income of 73.02M and revenue of 281.15M, resulting in an operating margin of 26.0%.

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%.

SBLK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Star Bulk Carriers Corp. reported a net income of 58.53M and revenue of 281.15M, resulting in a net margin of 20.8%.

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%.

Frequently Asked Questions

Can I hold both SBLK and SB in my portfolio?

SBLK and SB have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SBLK or SB?

SB has higher volatility (14.82%) compared to SBLK (9.63%). In terms of maximum drawdown, SBLK dropped -99.76% vs SB's -97.38%.

Which has better risk-adjusted returns?

SBLK currently has the higher Sharpe Ratio (2.47 vs 2.41), 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.