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TK vs. CL=F
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between TK and CL=F is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.2

Performance

TK vs. CL=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teekay Corporation (TK) and Crude Oil WTI (CL=F). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%NovemberDecember2025FebruaryMarchApril
-13.07%
277.66%
TK
CL=F

Key characteristics

Sharpe Ratio

TK:

0.54

CL=F:

-0.63

Sortino Ratio

TK:

1.43

CL=F:

-0.73

Omega Ratio

TK:

1.16

CL=F:

0.91

Calmar Ratio

TK:

0.31

CL=F:

-0.32

Martin Ratio

TK:

1.56

CL=F:

-1.31

Ulcer Index

TK:

17.17%

CL=F:

13.68%

Daily Std Dev

TK:

49.58%

CL=F:

27.57%

Max Drawdown

TK:

-97.03%

CL=F:

-93.11%

Current Drawdown

TK:

-82.25%

CL=F:

-55.78%

Returns By Period

The year-to-date returns for both investments are quite close, with TK having a -9.96% return and CL=F slightly higher at -9.84%. Over the past 10 years, TK has underperformed CL=F with an annualized return of -13.09%, while CL=F has yielded a comparatively higher 1.85% annualized return.


TK

YTD

-9.96%

1M

-6.87%

6M

-25.24%

1Y

22.62%

5Y*

30.00%

10Y*

-13.09%

CL=F

YTD

-9.84%

1M

-5.89%

6M

-12.20%

1Y

-24.80%

5Y*

15.47%

10Y*

1.85%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TK vs. CL=F — Risk-Adjusted Performance Rank

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

TK
The Risk-Adjusted Performance Rank of TK is 7171
Overall Rank
The Sharpe Ratio Rank of TK is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of TK is 7676
Sortino Ratio Rank
The Omega Ratio Rank of TK is 7272
Omega Ratio Rank
The Calmar Ratio Rank of TK is 6868
Calmar Ratio Rank
The Martin Ratio Rank of TK is 7070
Martin Ratio Rank

CL=F
The Risk-Adjusted Performance Rank of CL=F is 77
Overall Rank
The Sharpe Ratio Rank of CL=F is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of CL=F is 1010
Sortino Ratio Rank
The Omega Ratio Rank of CL=F is 1111
Omega Ratio Rank
The Calmar Ratio Rank of CL=F is 77
Calmar Ratio Rank
The Martin Ratio Rank of CL=F is 00
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TK vs. CL=F - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Teekay Corporation (TK) and Crude Oil WTI (CL=F). 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.


Sharpe ratio
The chart of Sharpe ratio for TK, currently valued at 0.17, compared to the broader market-2.00-1.000.001.002.003.00
TK: 0.17
CL=F: -0.63
The chart of Sortino ratio for TK, currently valued at 0.76, compared to the broader market-6.00-4.00-2.000.002.004.00
TK: 0.76
CL=F: -0.73
The chart of Omega ratio for TK, currently valued at 1.09, compared to the broader market0.501.001.502.00
TK: 1.09
CL=F: 0.91
The chart of Calmar ratio for TK, currently valued at 0.09, compared to the broader market0.001.002.003.004.005.00
TK: 0.09
CL=F: -0.32
The chart of Martin ratio for TK, currently valued at 0.44, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
TK: 0.44
CL=F: -1.31

The current TK Sharpe Ratio is 0.54, which is higher than the CL=F Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of TK and CL=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50NovemberDecember2025FebruaryMarchApril
0.17
-0.63
TK
CL=F

Drawdowns

TK vs. CL=F - Drawdown Comparison

The maximum TK drawdown since its inception was -97.03%, roughly equal to the maximum CL=F drawdown of -93.11%. Use the drawdown chart below to compare losses from any high point for TK and CL=F. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%NovemberDecember2025FebruaryMarchApril
-82.25%
-55.78%
TK
CL=F

Volatility

TK vs. CL=F - Volatility Comparison

Teekay Corporation (TK) and Crude Oil WTI (CL=F) have volatilities of 10.15% and 9.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
10.15%
9.85%
TK
CL=F
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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