L vs. URTH
L (Loews Corporation) is a stock, while URTH (iShares MSCI World ETF) is Global Equities fund tracking the MSCI World Index (Net). Over the past 10 years, L returned 10.69%/yr vs 13.22%/yr for URTH. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
L vs. URTH - Performance Comparison
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Returns By Period
In the year-to-date period, L achieves a -0.16% return, which is significantly lower than URTH's 10.71% return. Over the past 10 years, L has underperformed URTH with an annualized return of 10.69%, while URTH has yielded a comparatively higher 13.22% annualized return.
L
- 1D
- 0.54%
- 1M
- -1.05%
- YTD
- -0.16%
- 6M
- 0.62%
- 1Y
- 19.34%
- 3Y*
- 21.92%
- 5Y*
- 12.98%
- 10Y*
- 10.69%
URTH
- 1D
- 0.50%
- 1M
- 4.39%
- YTD
- 10.71%
- 6M
- 11.32%
- 1Y
- 26.53%
- 3Y*
- 21.13%
- 5Y*
- 11.97%
- 10Y*
- 13.22%
L vs. URTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
L Loews Corporation | -0.16% | 24.68% | 22.09% | 19.78% | 1.41% | 28.89% | -13.69% | 15.89% | -8.56% | 8.56% |
URTH iShares MSCI World ETF | 10.71% | 21.36% | 18.66% | 23.95% | -17.97% | 22.27% | 15.78% | 28.15% | -8.56% | 22.95% |
Correlation
The correlation between L and URTH is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2012 | 0.52 |
Over the past year, the correlation between L and URTH has dropped to 0.20 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
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Return for Risk
L vs. URTH — Risk / Return Rank
L
URTH
L vs. URTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loews Corporation (L) and iShares MSCI World ETF (URTH). 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.
| L | URTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.40 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 2.94 | -0.51 |
| Martin ratioReturn relative to average drawdown | 6.39 | 13.35 | -6.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| L | URTH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 2.21 | -0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.74 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.77 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.73 | -0.40 |
Drawdowns
L vs. URTH - Drawdown Comparison
The maximum L drawdown since its inception was -65.58%, which is greater than URTH's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for L and URTH.
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Drawdown Indicators
| L | URTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.58% | -34.01% | -31.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.99% | -9.06% | +1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -16.94% | +4.78% |
Max Drawdown (5Y)Largest decline over 5 years | -26.11% | -26.05% | -0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -48.53% | -34.01% | -14.52% |
Current DrawdownCurrent decline from peak | -6.69% | -0.25% | -6.44% |
Average DrawdownAverage peak-to-trough decline | -16.75% | -4.37% | -12.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 1.99% | +1.04% |
Volatility
L vs. URTH - Volatility Comparison
Loews Corporation (L) has a higher volatility of 4.59% compared to iShares MSCI World ETF (URTH) at 3.24%. This indicates that L's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| L | URTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 3.24% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 9.43% | +3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 12.05% | +3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.61% | 16.18% | +3.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.63% | 17.27% | +8.36% |
Dividends
L vs. URTH - Dividend Comparison
L's dividend yield for the trailing twelve months is around 0.24%, less than URTH's 1.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
L Loews Corporation | 0.24% | 0.24% | 0.30% | 0.36% | 0.43% | 0.43% | 0.56% | 0.48% | 0.55% | 1.58% | 0.53% | 0.65% |
URTH iShares MSCI World ETF | 1.34% | 1.48% | 1.47% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% |
Frequently Asked Questions
L and URTH have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
L has higher volatility (4.59%) compared to URTH (3.24%). In terms of maximum drawdown, L dropped -65.58% vs URTH's -34.01%.
URTH currently has the higher Sharpe Ratio (2.21 vs 1.23), 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.
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