LEA vs. CE
LEA (Lear Corporation) and CE (Celanese Corporation) are both stocks. LEA operates in Auto Parts (Consumer Cyclical), while CE operates in Chemicals (Basic Materials). Over the past 10 years, LEA returned 4.66%/yr vs -1.23%/yr for CE. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
LEA vs. CE - Performance Comparison
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Returns By Period
In the year-to-date period, LEA achieves a 20.65% return, which is significantly higher than CE's 13.95% return. Over the past 10 years, LEA has outperformed CE with an annualized return of 4.66%, while CE has yielded a comparatively lower -1.23% annualized return.
LEA
- 1D
- -2.86%
- 1M
- -1.72%
- YTD
- 20.65%
- 6M
- 18.11%
- 1Y
- 54.07%
- 3Y*
- 2.77%
- 5Y*
- -2.87%
- 10Y*
- 4.66%
CE
- 1D
- -3.22%
- 1M
- -8.13%
- YTD
- 13.95%
- 6M
- 14.96%
- 1Y
- -11.65%
- 3Y*
- -23.07%
- 5Y*
- -19.07%
- 10Y*
- -1.23%
LEA vs. CE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEA Lear Corporation | 20.65% | 24.86% | -31.17% | 16.40% | -30.70% | 16.20% | 16.90% | 14.38% | -29.29% | 35.23% |
CE Celanese Corporation | 13.95% | -38.76% | -54.57% | 55.69% | -37.77% | 31.75% | 8.25% | 39.85% | -14.31% | 38.52% |
Correlation
The correlation between LEA and CE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2009 | 0.53 |
Over the past year, the correlation between LEA and CE has dropped to 0.32 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
Fundamentals
LEA:
$7.05B
CE:
$5.29B
LEA:
$9.98
CE:
-$9.33
LEA:
0.31
CE:
0.56
LEA:
2.18
CE:
1.30
LEA:
$23.52B
CE:
$9.49B
LEA:
$1.26B
CE:
$1.91B
LEA:
$1.20B
CE:
$148.00M
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Return for Risk
LEA vs. CE — Risk / Return Rank
LEA
CE
LEA vs. CE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lear Corporation (LEA) and Celanese Corporation (CE). 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.
| LEA | CE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.01 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | -0.27 | +3.13 |
| Martin ratioReturn relative to average drawdown | 6.91 | -0.48 | +7.39 |
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Drawdowns
LEA vs. CE - Drawdown Comparison
The maximum LEA drawdown since its inception was -64.51%, smaller than the maximum CE drawdown of -84.87%. Use the drawdown chart below to compare losses from any high point for LEA and CE.
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Drawdown Indicators
| LEA | CE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.51% | -84.87% | +20.36% |
Max Drawdown (1Y)Largest decline over 1 year | -18.98% | -42.98% | +24.00% |
Max Drawdown (3Y)Largest decline over 3 years | -49.42% | -78.96% | +29.54% |
Max Drawdown (5Y)Largest decline over 5 years | -57.83% | -78.96% | +21.13% |
Max Drawdown (10Y)Largest decline over 10 years | -64.51% | -78.96% | +14.45% |
Current DrawdownCurrent decline from peak | -24.02% | -71.47% | +47.45% |
Average DrawdownAverage peak-to-trough decline | -19.83% | -20.74% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.85% | 24.37% | -16.52% |
Volatility
LEA vs. CE - Volatility Comparison
The current volatility for Lear Corporation (LEA) is 8.63%, while Celanese Corporation (CE) has a volatility of 11.87%. This indicates that LEA experiences smaller price fluctuations and is considered to be less risky than CE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEA | CE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.63% | 11.87% | -3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 24.64% | 39.89% | -15.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.76% | 56.24% | -23.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.05% | 45.21% | -11.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.35% | 39.26% | -3.91% |
Dividends
LEA vs. CE - Dividend Comparison
LEA's dividend yield for the trailing twelve months is around 2.25%, more than CE's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CE Celanese Corporation | 0.25% | 0.28% | 4.05% | 1.80% | 2.68% | 1.62% | 1.91% | 1.95% | 2.31% | 1.62% | 1.75% | 1.71% |
LEA Lear Corporation | 2.25% | 2.69% | 3.25% | 2.18% | 2.48% | 0.97% | 0.64% | 2.19% | 2.28% | 1.13% | 0.91% | 0.81% |
Financials
LEA vs. CE - Financials Comparison
This section allows you to compare key financial metrics between Lear Corporation and Celanese Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LEA vs. CE - Profitability Comparison
LEA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lear Corporation reported a gross profit of 0.00 and revenue of 5.82B. Therefore, the gross margin over that period was 0.0%.
CE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celanese Corporation reported a gross profit of 468.00M and revenue of 2.34B. Therefore, the gross margin over that period was 20.0%.
LEA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lear Corporation reported an operating income of 0.00 and revenue of 5.82B, resulting in an operating margin of 0.0%.
CE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celanese Corporation reported an operating income of 214.00M and revenue of 2.34B, resulting in an operating margin of 9.2%.
LEA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lear Corporation reported a net income of 172.30M and revenue of 5.82B, resulting in a net margin of 3.0%.
CE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celanese Corporation reported a net income of 115.00M and revenue of 2.34B, resulting in a net margin of 4.9%.
Frequently Asked Questions
LEA and CE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CE has higher volatility (11.87%) compared to LEA (8.63%). In terms of maximum drawdown, LEA dropped -64.51% vs CE's -84.87%.
LEA currently has the higher Sharpe Ratio (1.66 vs -0.21), 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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