SFL vs. GSL
SFL (SFL Corporation Ltd.) and GSL (Global Ship Lease, Inc.) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, SFL returned 7.79%/yr vs 18.22%/yr for GSL. At a 0.34 correlation, their price movements are largely independent.
Performance
SFL vs. GSL - Performance Comparison
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Returns By Period
In the year-to-date period, SFL achieves a 52.74% return, which is significantly higher than GSL's 14.96% return. Over the past 10 years, SFL has underperformed GSL with an annualized return of 7.79%, while GSL has yielded a comparatively higher 18.22% annualized return.
SFL
- 1D
- 2.13%
- 1M
- -4.70%
- YTD
- 52.74%
- 6M
- 55.33%
- 1Y
- 45.24%
- 3Y*
- 18.92%
- 5Y*
- 17.49%
- 10Y*
- 7.79%
GSL
- 1D
- 1.88%
- 1M
- 2.68%
- YTD
- 14.96%
- 6M
- 16.76%
- 1Y
- 62.79%
- 3Y*
- 37.22%
- 5Y*
- 21.44%
- 10Y*
- 18.22%
SFL vs. GSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SFL SFL Corporation Ltd. | 52.74% | -14.49% | -0.83% | 34.55% | 23.52% | 39.84% | -51.90% | 53.41% | -24.82% | 16.81% |
GSL Global Ship Lease, Inc. | 14.96% | 73.47% | 18.09% | 28.97% | -22.16% | 100.35% | 34.65% | 78.02% | -46.55% | -22.67% |
Correlation
The correlation between SFL and GSL is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2008 | 0.34 |
Over the past year, SFL and GSL have become more correlated (0.57) than their long-term average of 0.34, meaning their price movements have been converging.
Fundamentals
SFL:
$1.53B
GSL:
$1.43B
SFL:
$0.24
GSL:
$10.76
SFL:
48.42
GSL:
3.63
SFL:
2.74
GSL:
0.13
SFL:
2.15
GSL:
1.82
SFL:
1.58
GSL:
0.76
SFL:
$708.94M
GSL:
$770.24M
SFL:
$243.14M
GSL:
$409.23M
SFL:
$427.17M
GSL:
$528.32M
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Return for Risk
SFL vs. GSL — Risk / Return Rank
SFL
GSL
SFL vs. GSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SFL Corporation Ltd. (SFL) and Global Ship Lease, Inc. (GSL). 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.
| SFL | GSL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.36 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 3.69 | -1.95 |
| Martin ratioReturn relative to average drawdown | 4.13 | 10.96 | -6.83 |
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Drawdowns
SFL vs. GSL - Drawdown Comparison
The maximum SFL drawdown since its inception was -85.65%, smaller than the maximum GSL drawdown of -95.26%. Use the drawdown chart below to compare losses from any high point for SFL and GSL.
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Drawdown Indicators
| SFL | GSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.65% | -95.26% | +9.61% |
Max Drawdown (1Y)Largest decline over 1 year | -26.06% | -17.09% | -8.97% |
Max Drawdown (3Y)Largest decline over 3 years | -46.05% | -35.82% | -10.23% |
Max Drawdown (5Y)Largest decline over 5 years | -46.05% | -47.50% | +1.45% |
Max Drawdown (10Y)Largest decline over 10 years | -55.33% | -86.50% | +31.17% |
Current DrawdownCurrent decline from peak | -8.57% | -6.25% | -2.32% |
Average DrawdownAverage peak-to-trough decline | -19.93% | -58.64% | +38.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.98% | 5.75% | +5.23% |
Volatility
SFL vs. GSL - Volatility Comparison
The current volatility for SFL Corporation Ltd. (SFL) is 8.58%, while Global Ship Lease, Inc. (GSL) has a volatility of 9.92%. This indicates that SFL experiences smaller price fluctuations and is considered to be less risky than GSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SFL | GSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.58% | 9.92% | -1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 20.50% | 20.63% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.52% | 27.85% | +5.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.29% | 36.92% | -6.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.64% | 54.58% | -20.94% |
Dividends
SFL vs. GSL - Dividend Comparison
SFL's dividend yield for the trailing twelve months is around 7.14%, more than GSL's 6.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSL Global Ship Lease, Inc. | 6.15% | 6.06% | 7.56% | 7.57% | 8.26% | 3.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.69% |
SFL SFL Corporation Ltd. | 7.14% | 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. GSL - Financials Comparison
This section allows you to compare key financial metrics between SFL Corporation Ltd. and Global Ship Lease, 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
SFL vs. GSL - 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%.
GSL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Global Ship Lease, Inc. reported a gross profit of 106.27M and revenue of 198.08M. Therefore, the gross margin over that period was 53.7%.
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%.
GSL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Global Ship Lease, Inc. reported an operating income of 97.42M and revenue of 198.08M, resulting in an operating margin of 49.2%.
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%.
GSL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Global Ship Lease, Inc. reported a net income of 93.83M and revenue of 198.08M, resulting in a net margin of 47.4%.
Frequently Asked Questions
SFL and GSL have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSL has higher volatility (9.92%) compared to SFL (8.58%). In terms of maximum drawdown, SFL dropped -85.65% vs GSL's -95.26%.
GSL currently has the higher Sharpe Ratio (2.27 vs 1.36), 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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