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LAC vs. VYM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LAC and VYM is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

LAC vs. VYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lithium Americas Corp. (LAC) and Vanguard High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-70.68%
29.40%
LAC
VYM

Key characteristics

Sharpe Ratio

LAC:

-0.64

VYM:

1.80

Sortino Ratio

LAC:

-0.71

VYM:

2.54

Omega Ratio

LAC:

0.92

VYM:

1.33

Calmar Ratio

LAC:

-0.63

VYM:

3.24

Martin Ratio

LAC:

-1.06

VYM:

10.75

Ulcer Index

LAC:

48.90%

VYM:

1.80%

Daily Std Dev

LAC:

81.19%

VYM:

10.78%

Max Drawdown

LAC:

-81.83%

VYM:

-56.98%

Current Drawdown

LAC:

-74.66%

VYM:

-4.93%

Returns By Period

In the year-to-date period, LAC achieves a -53.59% return, which is significantly lower than VYM's 17.16% return.


LAC

YTD

-53.59%

1M

-18.63%

6M

4.21%

1Y

-54.17%

5Y*

N/A

10Y*

N/A

VYM

YTD

17.16%

1M

-3.32%

6M

8.47%

1Y

17.88%

5Y*

9.71%

10Y*

9.60%

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Risk-Adjusted Performance

LAC vs. VYM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and Vanguard High Dividend Yield ETF (VYM). 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.


Sharpe ratio
The chart of Sharpe ratio for LAC, currently valued at -0.64, compared to the broader market-4.00-2.000.002.00-0.641.80
The chart of Sortino ratio for LAC, currently valued at -0.71, compared to the broader market-4.00-2.000.002.004.00-0.712.54
The chart of Omega ratio for LAC, currently valued at 0.92, compared to the broader market0.501.001.502.000.921.33
The chart of Calmar ratio for LAC, currently valued at -0.63, compared to the broader market0.002.004.006.00-0.633.24
The chart of Martin ratio for LAC, currently valued at -1.06, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.0610.75
LAC
VYM

The current LAC Sharpe Ratio is -0.64, which is lower than the VYM Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of LAC and VYM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
-0.64
1.80
LAC
VYM

Dividends

LAC vs. VYM - Dividend Comparison

LAC has not paid dividends to shareholders, while VYM's dividend yield for the trailing twelve months is around 2.75%.


TTM20232022202120202019201820172016201520142013
LAC
Lithium Americas Corp.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VYM
Vanguard High Dividend Yield ETF
2.75%3.12%3.01%2.76%3.18%3.03%3.40%2.80%2.91%3.22%2.78%2.81%

Drawdowns

LAC vs. VYM - Drawdown Comparison

The maximum LAC drawdown since its inception was -81.83%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for LAC and VYM. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-74.66%
-4.93%
LAC
VYM

Volatility

LAC vs. VYM - Volatility Comparison

Lithium Americas Corp. (LAC) has a higher volatility of 14.84% compared to Vanguard High Dividend Yield ETF (VYM) at 3.96%. This indicates that LAC's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
14.84%
3.96%
LAC
VYM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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