TDW vs. DBA
TDW (Tidewater Inc.) is a stock, while DBA (Invesco DB Agriculture Fund) is Agricultural Commodities fund tracking the DBIQ Diversified Agriculture Index Excess Return. Over the past 10 years, TDW returned -7.74%/yr vs 4.14%/yr for DBA. At a 0.22 correlation, their price movements are largely independent.
Performance
TDW vs. DBA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TDW achieves a 45.26% return, which is significantly higher than DBA's 8.82% return. Over the past 10 years, TDW has underperformed DBA with an annualized return of -7.74%, while DBA has yielded a comparatively higher 4.14% annualized return.
TDW
- 1D
- 3.84%
- 1M
- -1.15%
- 6M
- 29.86%
- YTD
- 45.26%
- 1Y
- 39.46%
- 3Y*
- 7.38%
- 5Y*
- 43.45%
- 10Y*
- -7.74%
DBA
- 1D
- 0.22%
- 1M
- 5.59%
- 6M
- 7.72%
- YTD
- 8.82%
- 1Y
- 11.65%
- 3Y*
- 13.55%
- 5Y*
- 12.19%
- 10Y*
- 4.14%
TDW vs. DBA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDW Tidewater Inc. | 45.26% | -7.68% | -24.13% | 95.69% | 244.07% | 23.96% | -55.14% | 0.78% | -21.60% | -77.81% |
DBA Invesco DB Agriculture Fund | 8.82% | -0.56% | 33.45% | 7.64% | 2.53% | 22.37% | -2.54% | -0.71% | -8.74% | -6.06% |
Correlation
The correlation between TDW and DBA is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2007 | 0.22 |
The correlation between TDW and DBA shifts across timeframes, from 0.09 (3 years) to 0.22 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TDW vs. DBA — Risk / Return Rank
TDW
DBA
TDW vs. DBA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tidewater Inc. (TDW) and Invesco DB Agriculture Fund (DBA). 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.
| TDW | DBA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.19 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.35 | -0.03 |
| Martin ratioReturn relative to average drawdown | 2.87 | 2.83 | +0.04 |
Loading charts...
Drawdowns
TDW vs. DBA - Drawdown Comparison
The maximum TDW drawdown since its inception was -99.80%, which is greater than DBA's maximum drawdown of -67.97%. Use the drawdown chart below to compare losses from any high point for TDW and DBA.
Loading charts...
Drawdown Indicators
| TDW | DBA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.80% | -67.97% | -31.83% |
Max Drawdown (1Y)Largest decline over 1 year | -29.10% | -8.67% | -20.43% |
Max Drawdown (3Y)Largest decline over 3 years | -70.35% | -12.36% | -57.99% |
Max Drawdown (5Y)Largest decline over 5 years | -70.35% | -15.94% | -54.41% |
Max Drawdown (10Y)Largest decline over 10 years | -97.40% | -37.97% | -59.43% |
Current DrawdownCurrent decline from peak | -96.45% | -23.39% | -73.06% |
Average DrawdownAverage peak-to-trough decline | -49.08% | -41.02% | -8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.43% | 4.12% | +9.31% |
Volatility
TDW vs. DBA - Volatility Comparison
Tidewater Inc. (TDW) has a higher volatility of 13.87% compared to Invesco DB Agriculture Fund (DBA) at 3.88%. This indicates that TDW's price experiences larger fluctuations and is considered to be riskier than DBA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TDW | DBA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.87% | 3.88% | +9.99% |
Volatility (6M)Calculated over the trailing 6-month period | 31.93% | 7.43% | +24.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.82% | 10.83% | +43.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.38% | 13.86% | +39.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.30% | 13.06% | +53.24% |
Dividends
TDW vs. DBA - Dividend Comparison
TDW has not paid dividends to shareholders, while DBA's dividend yield for the trailing twelve months is around 3.29%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBA Invesco DB Agriculture Fund | 3.29% | 3.58% | 4.08% | 4.63% | 0.48% | 0.00% | 0.00% | 1.55% | 1.06% | 0.00% | 0.00% | 0.00% |
TDW Tidewater Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% | 0.00% | 0.04% | 0.00% | 14.37% |
Frequently Asked Questions
TDW and DBA have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDW has higher volatility (13.87%) compared to DBA (3.88%). In terms of maximum drawdown, TDW dropped -99.80% vs DBA's -67.97%.
DBA currently has the higher Sharpe Ratio (1.08 vs 0.70), 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.
Find the right allocation for TDW and DBA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer