LECO vs. ABBV
Compare and contrast key facts about Lincoln Electric Holdings, Inc. (LECO) and AbbVie Inc. (ABBV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LECO or ABBV.
Correlation
The correlation between LECO and ABBV is 0.28, 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.
Performance
LECO vs. ABBV - Performance Comparison
Key characteristics
LECO:
-0.22
ABBV:
0.41
LECO:
-0.13
ABBV:
0.66
LECO:
0.98
ABBV:
1.10
LECO:
-0.19
ABBV:
0.51
LECO:
-0.32
ABBV:
1.26
LECO:
20.09%
ABBV:
7.72%
LECO:
28.42%
ABBV:
23.80%
LECO:
-68.89%
ABBV:
-45.09%
LECO:
-23.92%
ABBV:
-15.05%
Fundamentals
LECO:
$10.96B
ABBV:
$303.17B
LECO:
$8.39
ABBV:
$2.87
LECO:
23.16
ABBV:
59.78
LECO:
1.82
ABBV:
0.41
LECO:
$2.99B
ABBV:
$41.23B
LECO:
$1.10B
ABBV:
$30.76B
LECO:
$565.80M
ABBV:
$17.62B
Returns By Period
In the year-to-date period, LECO achieves a 3.65% return, which is significantly higher than ABBV's -2.54% return. Over the past 10 years, LECO has underperformed ABBV with an annualized return of 13.41%, while ABBV has yielded a comparatively higher 15.18% annualized return.
LECO
3.65%
1.84%
-3.03%
-8.52%
16.95%
13.41%
ABBV
-2.54%
0.09%
1.31%
8.89%
19.25%
15.18%
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Risk-Adjusted Performance
LECO vs. ABBV — Risk-Adjusted Performance Rank
LECO
ABBV
LECO vs. ABBV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lincoln Electric Holdings, Inc. (LECO) and AbbVie Inc. (ABBV). 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.
Dividends
LECO vs. ABBV - Dividend Comparison
LECO's dividend yield for the trailing twelve months is around 1.48%, less than ABBV's 3.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LECO Lincoln Electric Holdings, Inc. | 1.48% | 1.54% | 1.21% | 1.61% | 1.50% | 1.70% | 1.96% | 2.08% | 1.57% | 1.71% | 2.29% | 1.42% |
ABBV AbbVie Inc. | 3.67% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% |
Drawdowns
LECO vs. ABBV - Drawdown Comparison
The maximum LECO drawdown since its inception was -68.89%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for LECO and ABBV. For additional features, visit the drawdowns tool.
Volatility
LECO vs. ABBV - Volatility Comparison
Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 7.04% compared to AbbVie Inc. (ABBV) at 5.76%. This indicates that LECO's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LECO vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Lincoln Electric Holdings, Inc. and AbbVie Inc.. 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