TDW vs. IXC
TDW (Tidewater Inc.) is a stock, while IXC (iShares Global Energy ETF) is Energy Equities fund tracking the S&P Global 1200 Energy Capped Index. Over the past 10 years, TDW returned -7.74%/yr vs 8.83%/yr for IXC. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
TDW vs. IXC - Performance Comparison
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Returns By Period
In the year-to-date period, TDW achieves a 45.26% return, which is significantly higher than IXC's 23.35% return. Over the past 10 years, TDW has underperformed IXC with an annualized return of -7.74%, while IXC has yielded a comparatively higher 8.83% 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%
IXC
- 1D
- 0.51%
- 1M
- -4.24%
- 6M
- 20.68%
- YTD
- 23.35%
- 1Y
- 29.02%
- 3Y*
- 14.69%
- 5Y*
- 18.91%
- 10Y*
- 8.83%
TDW vs. IXC - 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% |
IXC iShares Global Energy ETF | 23.35% | 13.98% | 1.95% | 3.92% | 48.51% | 40.88% | -31.00% | 12.67% | -14.85% | 5.54% |
Correlation
The correlation between TDW and IXC is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2001 | 0.63 |
The correlation between TDW and IXC has been stable across timeframes, ranging from 0.53 to 0.63 - a consistent structural relationship.
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Return for Risk
TDW vs. IXC — Risk / Return Rank
TDW
IXC
TDW vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tidewater Inc. (TDW) and iShares Global Energy ETF (IXC). 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 | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.26 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.95 | -0.63 |
| Martin ratioReturn relative to average drawdown | 2.87 | 6.26 | -3.39 |
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Drawdowns
TDW vs. IXC - Drawdown Comparison
The maximum TDW drawdown since its inception was -99.80%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for TDW and IXC.
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Drawdown Indicators
| TDW | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.80% | -67.88% | -31.92% |
Max Drawdown (1Y)Largest decline over 1 year | -29.10% | -15.36% | -13.74% |
Max Drawdown (3Y)Largest decline over 3 years | -70.35% | -19.06% | -51.29% |
Max Drawdown (5Y)Largest decline over 5 years | -70.35% | -24.93% | -45.42% |
Max Drawdown (10Y)Largest decline over 10 years | -97.40% | -64.16% | -33.24% |
Current DrawdownCurrent decline from peak | -96.45% | -11.22% | -85.23% |
Average DrawdownAverage peak-to-trough decline | -49.08% | -17.45% | -31.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.43% | 4.78% | +8.65% |
Volatility
TDW vs. IXC - Volatility Comparison
Tidewater Inc. (TDW) has a higher volatility of 13.87% compared to iShares Global Energy ETF (IXC) at 6.59%. This indicates that TDW's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDW | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.87% | 6.59% | +7.28% |
Volatility (6M)Calculated over the trailing 6-month period | 31.93% | 15.86% | +16.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.82% | 19.18% | +35.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.38% | 23.45% | +29.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.30% | 26.81% | +39.49% |
Dividends
TDW vs. IXC - Dividend Comparison
TDW has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 3.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXC iShares Global Energy ETF | 3.08% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
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 IXC have a correlation of 0.53, 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 IXC (6.59%). In terms of maximum drawdown, TDW dropped -99.80% vs IXC's -67.88%.
IXC currently has the higher Sharpe Ratio (1.56 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.
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