TK vs. CL=F

Last updated Apr 2, 2026

Compare and contrast key facts about Teekay Corporation (TK) and Crude Oil WTI (CL=F).

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.

TK vs. CL=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TK Teekay Corporation	34.44%	48.20%	47.41%	57.49%	44.59%	46.05%	-59.59%	61.78%	-63.10%	18.93%
CL=F Crude Oil WTI	72.26%	-19.41%	-0.82%	-10.70%	7.44%	53.98%	-19.98%	32.92%	-24.35%	12.51%

Returns By Period

In the year-to-date period, TK achieves a 34.44% return, which is significantly lower than CL=F's 72.26% return. Both investments have delivered pretty close results over the past 10 years, with TK having a 10.64% annualized return and CL=F not far behind at 10.40%.

TK

• 1D: -0.57%
• 1M: -5.75%
• YTD: 34.44%
• 6M: 47.51%
• 1Y: 109.52%
• 3Y*: 50.34%
• 5Y*: 44.79%
• 10Y*: 10.64%

CL=F

• 1D: -2.44%
• 1M: 38.86%
• YTD: 72.26%
• 6M: 60.10%
• 1Y: 38.92%
• 3Y*: 9.28%
• 5Y*: 9.98%
• 10Y*: 10.40%

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

Return for Risk

TK vs. CL=F — Risk / Return Rank

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

TK

TK Risk / Return Rank: 95
TK Sharpe Ratio Rank: 96
TK Sortino Ratio Rank: 95
TK Omega Ratio Rank: 92
TK Calmar Ratio Rank: 96
TK Martin Ratio Rank: 95

CL=F

CL=F Risk / Return Rank: 29
CL=F Sharpe Ratio Rank: 29
CL=F Sortino Ratio Rank: 39
CL=F Omega Ratio Rank: 22
CL=F Calmar Ratio Rank: 37
CL=F Martin Ratio Rank: 17

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.

TK vs. CL=F - Risk-Adjusted Trends 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.

	TK	CL=F	Difference
Sharpe ratio Return per unit of total volatility	2.97	0.83	+2.14
Sortino ratio Return per unit of downside risk	3.67	1.35	+2.32
Omega ratio Gain probability vs. loss probability	1.43	1.18	+0.25
Calmar ratio Return relative to maximum drawdown	6.60	2.08	+4.52
Martin ratio Return relative to average drawdown	17.10	3.45	+13.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TK vs. CL=F - Sharpe Ratio Comparison

The current TK Sharpe Ratio is 2.97, which is higher than the CL=F Sharpe Ratio of 0.83. 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.

Sharpe Ratios by Period

	TK	CL=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.97	0.83	+2.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.06	0.26	+0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.20	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.07	+0.03

Correlation

The correlation between TK and CL=F is 0.23, 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.

Drawdowns

TK vs. CL=F - Drawdown Comparison

The maximum TK drawdown since its inception was -97.03%, which is greater than CL=F's maximum drawdown of -92.04%. Use the drawdown chart below to compare losses from any high point for TK and CL=F.

Drawdown Indicators

	TK	CL=F	Difference
Max Drawdown Largest peak-to-trough decline	-97.03%	-92.04%	-4.99%
Max Drawdown (1Y) Largest decline over 1 year	-16.68%	-27.07%	+10.39%
Max Drawdown (5Y) Largest decline over 5 years	-36.59%	-53.86%	+17.27%
Max Drawdown (10Y) Largest decline over 10 years	-83.87%	-84.82%	+0.95%
Current Drawdown Current decline from peak	-63.74%	-31.92%	-31.82%
Average Drawdown Average peak-to-trough decline	-47.72%	-40.84%	-6.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.44%	16.32%	-9.88%

Volatility

TK vs. CL=F - Volatility Comparison

The current volatility for Teekay Corporation (TK) is 12.82%, while Crude Oil WTI (CL=F) has a volatility of 27.34%. This indicates that TK experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TK	CL=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.82%	27.34%	-14.52%
Volatility (6M) Calculated over the trailing 6-month period	24.76%	33.40%	-8.64%
Volatility (1Y) Calculated over the trailing 1-year period	37.03%	41.12%	-4.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.35%	36.54%	+5.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.43%	48.71%	+7.72%