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LECO vs. ABBV

Last updated Feb 24, 2024

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.

Key characteristics


LECOABBV
YTD Return14.98%16.02%
1Y Return52.45%21.85%
3Y Return (Ann)30.87%23.77%
5Y Return (Ann)25.52%22.92%
10Y Return (Ann)14.98%18.17%
Sharpe Ratio2.231.21
Daily Std Dev24.46%18.99%
Max Drawdown-68.89%-45.09%
Current Drawdown0.00%0.00%

Fundamentals


LECOABBV
Market Cap$14.30B$314.59B
EPS$9.37$2.72
PE Ratio26.6865.47
PEG Ratio2.191.66
Revenue (TTM)$4.19B$54.32B
Gross Profit (TTM)$1.28B$41.53B
EBITDA (TTM)$805.46M$26.36B

Correlation

0.29
-1.001.00

The correlation between LECO and ABBV is 0.29, 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.

LECO vs. ABBV - Performance Comparison

In the year-to-date period, LECO achieves a 14.98% return, which is significantly lower than ABBV's 16.02% return. Over the past 10 years, LECO has underperformed ABBV with an annualized return of 14.98%, while ABBV has yielded a comparatively higher 18.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%SeptemberOctoberNovemberDecember2024February
35.02%
23.79%
LECO
ABBV

Compare stocks, funds, or ETFs


Lincoln Electric Holdings, Inc.

AbbVie Inc.

LECO vs. ABBV - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.05%, less than ABBV's 3.36% yield.


TTM20232022202120202019201820172016201520142013
LECO
Lincoln Electric Holdings, Inc.
1.05%1.21%1.61%1.50%1.70%1.96%2.08%1.57%1.71%2.29%1.42%1.16%
ABBV
AbbVie Inc.
3.36%3.82%3.49%3.84%4.41%4.83%3.89%2.65%3.64%3.41%2.54%3.03%

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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
LECO
Lincoln Electric Holdings, Inc.
2.23
ABBV
AbbVie Inc.
1.21

LECO vs. ABBV - Sharpe Ratio Comparison

The current LECO Sharpe Ratio is 2.23, which is higher than the ABBV Sharpe Ratio of 1.21. The chart below compares the 12-month rolling Sharpe Ratio of LECO and ABBV.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2024February
2.23
1.21
LECO
ABBV

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%. The drawdown chart below compares losses from any high point along the way for LECO and ABBV


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February00
LECO
ABBV

LECO vs. ABBV - Volatility Comparison

Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 9.00% compared to AbbVie Inc. (ABBV) at 3.55%. 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.


2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2024February
9.00%
3.55%
LECO
ABBV