SFL vs. ASC
SFL (SFL Corporation Ltd.) and ASC (Ardmore Shipping Corporation) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, SFL returned 7.02%/yr vs 7.63%/yr for ASC. At a 0.49 correlation, their price movements are largely independent.
Performance
SFL vs. ASC - Performance Comparison
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Returns By Period
In the year-to-date period, SFL achieves a 46.23% return, which is significantly lower than ASC's 55.30% return. Over the past 10 years, SFL has underperformed ASC with an annualized return of 7.02%, while ASC has yielded a comparatively higher 7.63% annualized return.
SFL
- 1D
- -1.52%
- 1M
- -3.58%
- YTD
- 46.23%
- 6M
- 40.07%
- 1Y
- 43.55%
- 3Y*
- 18.70%
- 5Y*
- 15.57%
- 10Y*
- 7.02%
ASC
- 1D
- -1.36%
- 1M
- -11.84%
- YTD
- 55.30%
- 6M
- 34.26%
- 1Y
- 73.58%
- 3Y*
- 13.72%
- 5Y*
- 35.42%
- 10Y*
- 7.63%
SFL vs. ASC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SFL SFL Corporation Ltd. | 46.23% | -14.49% | -0.83% | 34.55% | 23.52% | 39.84% | -51.90% | 53.41% | -24.82% | 16.81% |
ASC Ardmore Shipping Corporation | 55.30% | -10.36% | -8.18% | 5.81% | 326.33% | 3.36% | -63.57% | 93.79% | -41.63% | 8.11% |
Correlation
The correlation between SFL and ASC is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2013 | 0.49 |
The correlation between SFL and ASC shifts across timeframes, from 0.49 (all time) to 0.65 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SFL:
$1.46B
ASC:
$652.49M
SFL:
$0.24
ASC:
$1.43
SFL:
46.35
ASC:
11.16
SFL:
2.63
ASC:
0.02
SFL:
2.06
ASC:
2.01
SFL:
1.51
ASC:
1.00
SFL:
$708.94M
ASC:
$324.12M
SFL:
$243.14M
ASC:
$100.44M
SFL:
$427.17M
ASC:
$105.80M
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Return for Risk
SFL vs. ASC — Risk / Return Rank
SFL
ASC
SFL vs. ASC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SFL Corporation Ltd. (SFL) and Ardmore Shipping Corporation (ASC). 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.
| SFL | ASC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.32 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 3.37 | -1.69 |
| Martin ratioReturn relative to average drawdown | 4.08 | 8.52 | -4.44 |
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
| SFL | ASC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 2.05 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.78 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.15 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.09 | +0.13 |
Drawdowns
SFL vs. ASC - Drawdown Comparison
The maximum SFL drawdown since its inception was -85.65%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for SFL and ASC.
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Drawdown Indicators
| SFL | ASC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.65% | -80.11% | -5.54% |
Max Drawdown (1Y)Largest decline over 1 year | -26.06% | -21.96% | -4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -46.05% | -61.41% | +15.36% |
Max Drawdown (5Y)Largest decline over 5 years | -46.05% | -61.41% | +15.36% |
Max Drawdown (10Y)Largest decline over 10 years | -55.33% | -71.72% | +16.39% |
Current DrawdownCurrent decline from peak | -12.47% | -23.96% | +11.49% |
Average DrawdownAverage peak-to-trough decline | -19.96% | -38.99% | +19.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.70% | 8.66% | +2.04% |
Volatility
SFL vs. ASC - Volatility Comparison
The current volatility for SFL Corporation Ltd. (SFL) is 9.91%, while Ardmore Shipping Corporation (ASC) has a volatility of 11.54%. This indicates that SFL experiences smaller price fluctuations and is considered to be less risky than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SFL | ASC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.91% | 11.54% | -1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 20.14% | 26.96% | -6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.16% | 36.13% | -2.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.29% | 45.93% | -15.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.64% | 51.40% | -17.76% |
Dividends
SFL vs. ASC - Dividend Comparison
SFL's dividend yield for the trailing twelve months is around 9.91%, more than ASC's 4.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASC Ardmore Shipping Corporation | 4.07% | 2.83% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% |
SFL SFL Corporation Ltd. | 9.91% | 12.04% | 10.47% | 8.60% | 9.54% | 7.73% | 15.92% | 9.63% | 13.30% | 10.32% | 12.12% | 10.50% |
Financials
SFL vs. ASC - Financials Comparison
This section allows you to compare key financial metrics between SFL Corporation Ltd. and Ardmore Shipping Corporation. 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
SFL vs. ASC - Profitability Comparison
SFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SFL Corporation Ltd. reported a gross profit of 52.45M and revenue of 174.48M. Therefore, the gross margin over that period was 30.1%.
ASC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported a gross profit of 32.00M and revenue of 87.92M. Therefore, the gross margin over that period was 36.4%.
SFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SFL Corporation Ltd. reported an operating income of 44.85M and revenue of 174.48M, resulting in an operating margin of 25.7%.
ASC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported an operating income of 25.58M and revenue of 87.92M, resulting in an operating margin of 29.1%.
SFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SFL Corporation Ltd. reported a net income of 26.08M and revenue of 174.48M, resulting in a net margin of 15.0%.
ASC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported a net income of 23.58M and revenue of 87.92M, resulting in a net margin of 26.8%.
Frequently Asked Questions
SFL and ASC have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASC has higher volatility (11.54%) compared to SFL (9.91%). In terms of maximum drawdown, SFL dropped -85.65% vs ASC's -80.11%.
ASC currently has the higher Sharpe Ratio (2.05 vs 1.32), 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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