TEN vs. INSW

Last updated Jun 4, 2026

TEN (Tsakos Energy Navigation Ltd) and INSW (International Seaways, Inc.) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 5 years, TEN returned 39.29%/yr vs 44.87%/yr for INSW. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

TEN vs. INSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tsakos Energy Navigation Ltd (TEN) and International Seaways, Inc. (INSW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TEN having a 67.72% return and INSW slightly lower at 65.57%.

TEN

• 1D: -1.12%
• 1M: -13.72%
• YTD: 67.72%
• 6M: 55.55%
• 1Y: 121.53%
• 3Y*: 35.90%
• 5Y*: 39.29%
• 10Y*: 6.73%

INSW

• 1D: -0.71%
• 1M: -8.15%
• YTD: 65.57%
• 6M: 56.10%
• 1Y: 127.10%
• 3Y*: 42.07%
• 5Y*: 44.87%
• 10Y*: —

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

TEN vs. INSW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TEN Tsakos Energy Navigation Ltd	67.72%	36.04%	-16.03%	40.05%	138.54%	-8.72%	-61.54%	68.70%	-28.96%	-12.82%
INSW International Seaways, Inc.	65.57%	44.97%	-10.85%	42.93%	162.53%	-2.93%	-44.43%	76.72%	-8.78%	31.48%

Correlation

The correlation between TEN and INSW is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Dec 2, 2016	0.61

Over the past year, TEN and INSW have become more correlated (0.84) than their long-term average of 0.61, meaning their price movements have been converging.

Fundamentals

Market Cap TEN : $1.11B INSW : $3.88B
EPS TEN : $7.10 INSW : $11.01
PE Ratio TEN : 5.20 INSW : 7.08
PEG Ratio TEN : 0.01 INSW : 1.12
PS Ratio TEN : 1.29 INSW : 5.72
PB Ratio TEN : 0.57 INSW : 1.77
Total Revenue (TTM) TEN : $854.60M INSW : $675.87M
Gross Profit (TTM) TEN : $337.69M INSW : $274.33M
EBITDA (TTM) TEN : $410.58M INSW : $525.75M

Return for Risk

TEN vs. INSW — Risk / Return Rank

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

TEN

TEN Risk / Return Rank: 94
TEN Sharpe Ratio Rank: 95
TEN Sortino Ratio Rank: 94
TEN Omega Ratio Rank: 91
TEN Calmar Ratio Rank: 95
TEN Martin Ratio Rank: 96

INSW

INSW Risk / Return Rank: 95
INSW Sharpe Ratio Rank: 96
INSW Sortino Ratio Rank: 95
INSW Omega Ratio Rank: 91
INSW Calmar Ratio Rank: 96
INSW Martin Ratio Rank: 96

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.

TEN vs. INSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tsakos Energy Navigation Ltd (TEN) and International Seaways, Inc. (INSW). 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.

	TEN	INSW	Difference
Sharpe ratio Return per unit of total volatility	3.31	3.49	-0.18
Sortino ratio Return per unit of downside risk	3.92	4.22	-0.31
Omega ratio Gain probability vs. loss probability	1.45	1.48	-0.02
Calmar ratio Return relative to maximum drawdown	7.20	7.91	-0.71
Martin ratio Return relative to average drawdown	23.81	23.47	+0.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEN vs. INSW - Sharpe Ratio Comparison

The current TEN Sharpe Ratio is 3.31, which is comparable to the INSW Sharpe Ratio of 3.49. The chart below compares the historical Sharpe Ratios of TEN and INSW, 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

	TEN	INSW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.31	3.49	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	1.10	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.61	-0.49

Drawdowns

TEN vs. INSW - Drawdown Comparison

The maximum TEN drawdown since its inception was -92.52%, which is greater than INSW's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for TEN and INSW.

Drawdown Indicators

	TEN	INSW	Difference
Max Drawdown Largest peak-to-trough decline	-92.52%	-57.49%	-35.03%
Max Drawdown (1Y) Largest decline over 1 year	-16.98%	-16.16%	-0.82%
Max Drawdown (3Y) Largest decline over 3 years	-52.64%	-50.40%	-2.24%
Max Drawdown (5Y) Largest decline over 5 years	-52.64%	-50.40%	-2.24%
Max Drawdown (10Y) Largest decline over 10 years	-72.36%	—	—
Current Drawdown Current decline from peak	-50.55%	-14.90%	-35.65%
Average Drawdown Average peak-to-trough decline	-57.21%	-20.91%	-36.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.12%	5.44%	-0.32%

Volatility

TEN vs. INSW - Volatility Comparison

The current volatility for Tsakos Energy Navigation Ltd (TEN) is 9.83%, while International Seaways, Inc. (INSW) has a volatility of 11.74%. This indicates that TEN experiences smaller price fluctuations and is considered to be less risky than INSW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEN	INSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.83%	11.74%	-1.91%
Volatility (6M) Calculated over the trailing 6-month period	26.99%	27.72%	-0.73%
Volatility (1Y) Calculated over the trailing 1-year period	36.94%	36.61%	+0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.99%	41.01%	+5.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.50%	45.21%	+4.29%

Dividends

TEN vs. INSW - Dividend Comparison

TEN's dividend yield for the trailing twelve months is around 4.33%, less than INSW's 5.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INSW International Seaways, Inc.	5.62%	6.04%	16.05%	13.83%	3.84%	9.26%	1.47%	0.00%	0.00%	0.00%	0.00%	0.00%
TEN Tsakos Energy Navigation Ltd	4.33%	4.91%	8.65%	5.85%	1.48%	1.38%	6.23%	2.29%	5.64%	5.12%	6.18%	3.03%

Financials

Frequently Asked Questions

Can I hold both TEN and INSW in my portfolio?

TEN and INSW have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEN or INSW?

INSW has higher volatility (11.74%) compared to TEN (9.83%). In terms of maximum drawdown, TEN dropped -92.52% vs INSW's -57.49%.

Which has better risk-adjusted returns?

INSW currently has the higher Sharpe Ratio (3.49 vs 3.31), 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.