Norwegian Cruise Line Holdings Ltd. (NCLH)

NCLH · Consumer Discretionary · United States

Norwegian Cruise Line Holdings Ltd. (NCLH) is a company in the Consumer Discretionary sector, based in United States. The stock is held in 10 ETFs we track – with its largest weight of 0.06 % in XSWC (msci-world-small-cap). Anyone holding one of these ETFs also owns a small indirect stake in Norwegian Cruise Line Holdings.

Average ETF coverage: 10 of the 95 ETFs we cover hold Norwegian Cruise Line Holdings, spread across 4 indices. That puts the stock in more ETFs than 64.5 % of the 4,334 stocks we cover.

Held in10 ETFs

Highest weight0.06 %

Indices4

SectorConsumer Discretionary

CountryUnited States

ISINBMG667211046

WKNA1KBL8

Data note 1

Price chart

Data note 2

Performance

Performance
Year to date	-34.9 %	1 year	-43.2 %
1 month	-20.1 %	3 months	-26.7 %
Calendar year 2025	-13.3 %

52W

Data note 3

Measured in euros, Norwegian Cruise Line Holdings returned -33.7 % year to date and -41.9 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.

Data note 4

Risk metrics

Max drawdown-50.9 %

Volatility p.a.52.5 %

Data note 5

Below peak-50.0 %

Beta to S&P 5001.96

Correlation to S&P 5000.47

The close on Sep 16, 2026 was 50.0 % below the highest close since Aug 12, 2024, reached on Jan 30, 2025. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, Norwegian Cruise Line Holdings moved on average 1.96 % in the same direction. The correlation of 0.47 shows how reliable that average is: the broad market explained part of the daily moves, but far from all.

Data note 6

Correlated with

The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.

Correlated with
Instrument	r	−1 … +1
Royal Caribbean Group	+0.77
Delta Air Lines Inc.	+0.71
United Airlines Holdings Inc.	+0.69
Southwest Airlines Co.	+0.66
CRH public limited company	+0.64
Builders FirstSource Inc.	+0.62
WTI crude oil	-0.62
Brent crude oil	-0.62
ConocoPhillips	-0.61

Data note 7

Key financials

Latest reported fiscal year (FY2025, period end 2025-12-31) as filed with the SEC.

Net income0.4 bn $

Diluted EPS0.92 $

Return on equity19.2 %

Equity ratio9.8 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	–	0.2	–
FY2024	–	0.9	–
FY2025	–	0.4	–

Data note 8

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
XSWC / XSWD	msci-world-small-cap	0.06 %	€0.60
ZPRS / WDSD	msci-world-small-cap	0.06 %	€0.60
WIMI	msci-world-imi	0.01 %	€0.10
SPYL / SPY5	sp500	0.01 %	€0.10
SXR8	sp500	0.01 %	€0.10
SPYI / SPSA	msci-acwi-imi	0.00 %	€0.00

Data note 9

The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to Norwegian Cruise Line Holdings as of the fund's latest holdings list.

Weight in SXR8 since 2019

Sep 30, 2019Sep 16, 2026

In SXR8, a fund tracking the S&P 500, Norwegian Cruise Line Holdings had a weight of 0.04 % on Sep 30, 2019 and 0.01 % on Sep 16, 2026. Its share peaked at 0.05 % on Dec 31, 2019. The weight rises and falls with the stock's price relative to the other index members, and it also shifts when the index provider changes the composition.

Data note 10

How much Norwegian Cruise Line Holdings Ltd. overlaps with other holdings in a portfolio is shown by the Portfolio X-Ray and the ETF overlap check.

Stocks with similar ETF exposure

Names that reach a portfolio through largely the same funds as Norwegian Cruise Line Holdings — the figure counts the ETFs holding both.

Data note 11

Key figures side by side

Key figures compared with stocks of similar ETF exposure
Stock	1 year	Volatility p.a.	Net margin	Revenue growth
Norwegian Cruise Line Holdings	-43.2 %	52.5 %	–	–
Aptiv PLC	-47.9 %	41.1 %	0.8 %	+3.5 %
Hasbro	+19.6 %	32.6 %	-6.9 %	+13.7 %
MGM Resorts International	+8.6 %	39.8 %	1.2 %	+1.7 %
Ralph Lauren Corporation	+7.5 %	37.0 %	11.6 %	+14.6 %
Wynn Resorts Limited	-30.2 %	37.5 %	–	–
AES Corporation	+16.6 %	41.5 %	7.4 %	-0.4 %
Assurant	+38.0 %	24.8 %	6.8 %	+7.9 %
Albemarle Corporation	+35.2 %	59.3 %	-9.9 %	-4.4 %

Return and volatility from our daily closing prices in US dollars; margin and growth from the latest SEC annual filing. Fiscal years do not all end on the same date.