TNK vs. TK
Compare and contrast key facts about Teekay Tankers Ltd. (TNK) and Teekay Corporation (TK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNK or TK.
Correlation
The correlation between TNK and TK is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TNK vs. TK - Performance Comparison
Key characteristics
TNK:
-0.69
TK:
0.60
TNK:
-0.89
TK:
1.46
TNK:
0.90
TK:
1.18
TNK:
-0.51
TK:
0.35
TNK:
-1.03
TK:
1.84
TNK:
24.10%
TK:
16.49%
TNK:
35.98%
TK:
50.47%
TNK:
-90.41%
TK:
-97.03%
TNK:
-43.59%
TK:
-79.98%
Fundamentals
TNK:
$1.41B
TK:
$617.36M
TNK:
$12.18
TK:
$1.51
TNK:
3.38
TK:
4.66
TNK:
31.59
TK:
0.27
TNK:
$878.21M
TK:
$963.81M
TNK:
$326.87M
TK:
$337.67M
TNK:
$357.97M
TK:
$363.66M
Returns By Period
In the year-to-date period, TNK achieves a 3.42% return, which is significantly higher than TK's 1.59% return. Over the past 10 years, TNK has outperformed TK with an annualized return of 24.96%, while TK has yielded a comparatively lower -11.49% annualized return.
TNK
3.42%
9.70%
-36.96%
-26.36%
17.30%
24.96%
TK
1.59%
11.39%
-7.04%
27.92%
21.10%
-11.49%
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Risk-Adjusted Performance
TNK vs. TK — Risk-Adjusted Performance Rank
TNK
TK
TNK vs. TK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teekay Tankers Ltd. (TNK) and Teekay Corporation (TK). 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.
Dividends
TNK vs. TK - Dividend Comparison
TNK's dividend yield for the trailing twelve months is around 6.68%, less than TK's 46.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNK Teekay Tankers Ltd. | 6.68% | 6.91% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.23% | 8.57% | 13.27% | 1.74% | 2.37% |
TK Teekay Corporation | 46.16% | 46.90% | 0.00% | 0.00% | 9.16% | 0.00% | 1.03% | 6.59% | 2.36% | 2.74% | 17.55% | 2.48% |
Drawdowns
TNK vs. TK - Drawdown Comparison
The maximum TNK drawdown since its inception was -90.41%, smaller than the maximum TK drawdown of -97.03%. Use the drawdown chart below to compare losses from any high point for TNK and TK. For additional features, visit the drawdowns tool.
Volatility
TNK vs. TK - Volatility Comparison
Teekay Tankers Ltd. (TNK) has a higher volatility of 16.10% compared to Teekay Corporation (TK) at 12.18%. This indicates that TNK's price experiences larger fluctuations and is considered to be riskier than TK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TNK vs. TK - Financials Comparison
This section allows you to compare key financial metrics between Teekay Tankers Ltd. and Teekay Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities