FWRD vs FINS

Comparison between Forward Air Corp (FWRD, Company) and Angel Oak Financial Strategies Income Term Trust (FINS, Company).

FWRD is from the Industrials sector, while FINS is from the Financial Services sector.

5-Year PerformanceFINS has outperformed FWRD, delivering a return of +2.2% compared to -30.7%

FWRD vs FINS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FWRD(COMPANY)	FINS(COMPANY)
Market Cap	$423M	$421M
Max Drawdown	93.33%	46.19%
Sharpe Ratio	-0.23	0.65
5Y Beta	2.16	0.18
Industry	Integrated Freight & Logistics	Asset Management
P/E Ratio	-4.58	27.77
Forward P/E	19.92	N/A
PEG Ratio	-0.29	N/A
Dividend Yield	N/A	10.60%
5Y Dividends CAGR	9.00%	3.24%
Debt to Equity	2086.71%	26.96%
Free Cash Flow Yield	4.04%	12.32%

Market Cap

Winner

FWRD

$423M

FINS

$421M

Max Drawdown

FWRD

93.33%

Winner

FINS

46.19%

Sharpe Ratio

FWRD

-0.23

Winner

FINS

0.65

5Y Beta

FWRD

2.16

Winner

FINS

0.18

Industry

FWRD

Integrated Freight & Logistics

FINS

Asset Management

P/E Ratio

Winner

FWRD

-4.58

FINS

27.77

Forward P/E

FWRD

19.92

FINS

N/A

PEG Ratio

FWRD

-0.29

FINS

N/A

Dividend Yield

FWRD

N/A

FINS

10.60%

5Y Dividends CAGR

Winner

FWRD

9.00%

FINS

3.24%

Debt to Equity

FWRD

2086.71%

Winner

FINS

26.96%

Free Cash Flow Yield

FWRD

4.04%

Winner

FINS

12.32%

FWRD vs FINS - Historical Returns

Returns include dividend reinvestment.

Period	FWRD	FINS
1 month	+48.39%	+0.43%
3 months	-13.97%	+2.97%
6 months	-43.85%	+1.38%
1 year	-36.38%	+9.30%
5 years(CAGR)	-30.73%	+2.19%
10 years(CAGR)	-10.00%	N/A
Max(CAGR)	+1.35%	+2.35%

Winner

FWRD

+48.39%

FINS

+0.43%

FWRD

-13.97%

Winner

FINS

+2.97%

FWRD

-43.85%

Winner

FINS

+1.38%

FWRD

-36.38%

Winner

FINS

+9.30%

5Y(CAGR)

FWRD

-30.73%

Winner

FINS

+2.19%

10Y(CAGR)

FWRD

-10.00%

FINS

N/A

Max(CAGR)

FWRD

+1.35%

Winner

FINS

+2.35%

FWRD vs FINS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FWRD	FINS
2026	-43.14%	+1.00%
2025	-21.53%	+14.09%
2024	-48.17%	+18.41%
2023	-39.21%	+2.36%
2022	-12.25%	-17.17%
2021	+60.31%	+10.25%
2020	+11.67%	-12.66%
2019	+29.03%	+7.11%
2018	-4.04%	N/A
2017	+20.02%	N/A
2016	+12.01%	N/A
2015	-12.64%	N/A
2014	+17.83%	N/A
2013	+23.47%	N/A
2012	+6.72%	N/A
2011	+12.79%	N/A
2010	+12.36%	N/A
2009	+4.27%	N/A
2008	-18.78%	N/A
2007	+3.58%	N/A
2006	-19.43%	N/A
2005	+23.03%	N/A
2004	+58.12%	N/A
2003	+37.16%	N/A
2002	-42.51%	N/A
2001	-7.83%	N/A
2000	+31.28%	N/A
1999	+57.75%	N/A

FWRD vs FINS Drawdown Comparison

The maximum drawdown for FWRD was -93.19%, occurring on May 19, 2026. This drawdown has not yet recovered.

The maximum drawdown for FINS was -40.77%, occurring on Mar 18, 2020. Recovery took 1394 trading sessions.

The current FWRD drawdown is -88.28%. The current FINS drawdown is -1.28%.

Rank	FWRD	FINS
#1	-93.19% Jan 4, 2022 - May 19, 2026	-40.77% Feb 5, 2020 - Aug 22, 2025
#2	-66.93% Jul 6, 2006 - Jul 9, 2013	-6.43% Aug 21, 2019 - Nov 25, 2019
#3	-65.25% Aug 1, 2000 - Jul 22, 2005	-5.64% Feb 13, 2026 - May 29, 2026
#4	-42.77% Jan 16, 2020 - Nov 9, 2020	-3.98% Jul 3, 2019 - Aug 21, 2019
#5	-36.22% Mar 20, 2015 - Sep 27, 2017	-2.47% Sep 12, 2025 - Nov 4, 2025
#6	-36.00% Feb 8, 2000 - Apr 19, 2000	-2.38% Nov 25, 2019 - Dec 26, 2019
#7	-27.94% Oct 1, 2018 - Oct 28, 2019	-2.31% Nov 4, 2025 - Nov 28, 2025
#8	-17.96% Jan 19, 2018 - Jun 20, 2018	-2.24% Jun 25, 2019 - Jul 2, 2019
#9	-17.89% May 7, 2021 - Oct 29, 2021	-2.04% Jan 28, 2020 - Feb 4, 2020
#10	-17.39% Jan 6, 2000 - Feb 8, 2000	-1.71% Dec 4, 2025 - Dec 22, 2025
#11	-14.97% May 3, 2000 - Jun 27, 2000	-1.67% May 29, 2026 - Jun 23, 2026
#12	-14.24% Nov 22, 2005 - Jun 30, 2006	-1.49% Jan 22, 2020 - Jan 28, 2020
#13	-12.14% Jan 20, 2021 - Feb 9, 2021	-1.28% Dec 22, 2025 - Jan 5, 2026
#14	-11.72% Nov 18, 1999 - Dec 7, 1999	-1.00% Dec 26, 2019 - Jan 21, 2020
#15	-11.49% Dec 30, 2014 - Feb 10, 2015	-0.91% Jan 21, 2026 - Jan 30, 2026

Correlation

Correlation between FWRD and FINS is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101

Dividend Comparison (2005 - 2026)

FWRD vs FINS dividend yield comparison.

Year	FWRD	FINS
2026	0.00%	5.46%
2025	0.00%	10.13%
2024	0.00%	10.30%
2023	1.53%	10.04%
2022	0.92%	9.74%
2021	0.87%	7.63%
2020	0.98%	7.42%
2019	1.03%	3.41%
2018	1.15%	0.00%
2017	1.04%	0.00%
2016	1.08%	0.00%
2015	1.12%	0.00%
2014	0.95%	0.00%
2013	0.91%	0.00%
2012	0.97%	0.00%
2011	0.87%	0.00%
2010	0.99%	0.00%
2009	1.12%	0.00%
2008	1.15%	0.00%
2007	0.90%	0.00%
2006	0.97%	0.00%
2005	0.60%	0.00%