LECO vs. IYW
Compare and contrast key facts about Lincoln Electric Holdings, Inc. (LECO) and iShares U.S. Technology ETF (IYW).
IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LECO or IYW.
Correlation
The correlation between LECO and IYW is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LECO vs. IYW - Performance Comparison
Key characteristics
LECO:
-0.17
IYW:
1.17
LECO:
-0.03
IYW:
1.62
LECO:
1.00
IYW:
1.21
LECO:
-0.15
IYW:
1.61
LECO:
-0.24
IYW:
5.43
LECO:
21.06%
IYW:
4.78%
LECO:
29.10%
IYW:
22.26%
LECO:
-68.89%
IYW:
-81.89%
LECO:
-15.12%
IYW:
0.00%
Returns By Period
In the year-to-date period, LECO achieves a 15.65% return, which is significantly higher than IYW's 4.56% return. Over the past 10 years, LECO has underperformed IYW with an annualized return of 14.05%, while IYW has yielded a comparatively higher 20.79% annualized return.
LECO
15.65%
11.57%
13.34%
-11.99%
21.42%
14.05%
IYW
4.56%
3.41%
11.67%
27.66%
21.56%
20.79%
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Risk-Adjusted Performance
LECO vs. IYW — Risk-Adjusted Performance Rank
LECO
IYW
LECO vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lincoln Electric Holdings, Inc. (LECO) and iShares U.S. Technology ETF (IYW). 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. IYW - Dividend Comparison
LECO's dividend yield for the trailing twelve months is around 1.33%, more than IYW's 0.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LECO Lincoln Electric Holdings, Inc. | 1.33% | 1.54% | 1.21% | 1.61% | 1.50% | 1.70% | 1.96% | 2.08% | 1.57% | 1.71% | 2.29% | 1.42% |
IYW iShares U.S. Technology ETF | 0.20% | 0.21% | 0.53% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% |
Drawdowns
LECO vs. IYW - Drawdown Comparison
The maximum LECO drawdown since its inception was -68.89%, smaller than the maximum IYW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for LECO and IYW. For additional features, visit the drawdowns tool.
Volatility
LECO vs. IYW - Volatility Comparison
Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 11.15% compared to iShares U.S. Technology ETF (IYW) at 7.23%. This indicates that LECO's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.