TRMD vs. INSW

Last updated Jul 11, 2026

TRMD (TORM plc) 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, TRMD returned 44.51%/yr vs 51.47%/yr for INSW. At a 0.49 correlation, their price movements are largely independent.

Performance

TRMD vs. INSW - Performance Comparison

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

Returns By Period

In the year-to-date period, TRMD achieves a 58.13% return, which is significantly lower than INSW's 98.85% return.

TRMD

• 1D: 5.06%
• 1M: 1.83%
• 6M: 37.79%
• YTD: 58.13%
• 1Y: 77.92%
• 3Y*: 22.26%
• 5Y*: 44.51%
• 10Y*: —

INSW

• 1D: 6.63%
• 1M: 13.42%
• 6M: 77.43%
• YTD: 98.85%
• 1Y: 149.26%
• 3Y*: 48.58%
• 5Y*: 51.47%
• 10Y*: —

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

TRMD vs. INSW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TRMD TORM plc	58.13%	11.21%	-23.37%	31.64%	297.66%	12.91%	-25.94%	84.18%	-22.59%
INSW International Seaways, Inc.	98.85%	44.97%	-10.85%	42.93%	162.53%	-2.93%	-44.43%	76.72%	1.02%

Correlation

The correlation between TRMD and INSW is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018	0.49

Over the past year, TRMD and INSW have become more correlated (0.78) than their long-term average of 0.49, meaning their price movements have been converging.

Fundamentals

Market Cap TRMD : $3.02B INSW : $4.38B
EPS TRMD : $3.40 INSW : $11.00
PE Ratio TRMD : 8.67 INSW : 8.05
PEG Ratio TRMD : 0.09 INSW : 1.27
PS Ratio TRMD : 2.12 INSW : 6.50
PB Ratio TRMD : 1.34 INSW : 2.00
Total Revenue (TTM) TRMD : $1.41B INSW : $675.87M
Gross Profit (TTM) TRMD : $575.03M INSW : $274.33M
EBITDA (TTM) TRMD : $639.99M INSW : $525.75M

Return for Risk

TRMD vs. INSW — Risk / Return Rank

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

TRMD

TRMD Risk / Return Rank: 89
TRMD Sharpe Ratio Rank: 93
TRMD Sortino Ratio Rank: 90
TRMD Omega Ratio Rank: 86
TRMD Calmar Ratio Rank: 89
TRMD Martin Ratio Rank: 89

INSW

INSW Risk / Return Rank: 98
INSW Sharpe Ratio Rank: 98
INSW Sortino Ratio Rank: 98
INSW Omega Ratio Rank: 96
INSW Calmar Ratio Rank: 98
INSW Martin Ratio Rank: 98

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.

TRMD vs. INSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) 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.

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.

	TRMD	INSW	Difference
Sharpe ratio: Return per unit of total volatility	2.16	3.99	-1.83
Sortino ratio: Return per unit of downside risk	2.79	4.53	-1.73
Omega ratio: Gain probability vs. loss probability	1.33	1.54	-0.21
Calmar ratio: Return relative to maximum drawdown	3.50	9.38	-5.87
Martin ratio: Return relative to average drawdown	9.19	25.88	-16.69

TRMD vs. INSW - Sharpe Ratio Comparison

The current TRMD Sharpe Ratio is 2.16, which is lower than the INSW Sharpe Ratio of 3.99. The chart below compares the historical Sharpe Ratios of TRMD 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.

Drawdowns

TRMD vs. INSW - Drawdown Comparison

The maximum TRMD drawdown since its inception was -60.59%, which is greater than INSW's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for TRMD and INSW.

Drawdown Indicators

	TRMD	INSW	Difference
Max Drawdown Largest peak-to-trough decline	-60.59%	-57.49%	-3.10%
Max Drawdown (1Y) Largest decline over 1 year	-23.53%	-16.16%	-7.37%
Max Drawdown (3Y) Largest decline over 3 years	-60.59%	-50.40%	-10.19%
Max Drawdown (5Y) Largest decline over 5 years	-60.59%	-50.40%	-10.19%
Current Drawdown Current decline from peak	-13.49%	-1.67%	-11.82%
Average Drawdown Average peak-to-trough decline	-22.50%	-20.78%	-1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.96%	5.85%	+3.11%

Volatility

TRMD vs. INSW - Volatility Comparison

The current volatility for TORM plc (TRMD) is 13.04%, while International Seaways, Inc. (INSW) has a volatility of 16.78%. This indicates that TRMD 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

	TRMD	INSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.04%	16.78%	-3.74%
Volatility (6M) Calculated over the trailing 6-month period	29.13%	29.47%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	38.27%	38.18%	+0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.26%	41.38%	+4.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.70%	45.41%	+14.29%

Dividends

TRMD vs. INSW - Dividend Comparison

TRMD's dividend yield for the trailing twelve months is around 8.21%, less than INSW's 9.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
INSW International Seaways, Inc.	9.41%	6.04%	16.05%	13.83%	3.84%	9.26%	1.47%
TRMD TORM plc	8.21%	10.32%	30.13%	23.05%	6.99%	0.00%	14.89%

Financials

Frequently Asked Questions

Can I hold both TRMD and INSW in my portfolio?

TRMD and INSW have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRMD or INSW?

INSW has higher volatility (16.78%) compared to TRMD (13.04%). In terms of maximum drawdown, TRMD dropped -60.59% vs INSW's -57.49%.

Which has better risk-adjusted returns?

INSW currently has the higher Sharpe Ratio (3.99 vs 2.16), 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.