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 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LECO vs. IYW - Performance Comparison
Key characteristics
LECO:
-0.63
IYW:
0.37
LECO:
-0.78
IYW:
0.71
LECO:
0.91
IYW:
1.10
LECO:
-0.62
IYW:
0.42
LECO:
-1.22
IYW:
1.38
LECO:
17.51%
IYW:
7.95%
LECO:
33.90%
IYW:
29.96%
LECO:
-68.89%
IYW:
-81.89%
LECO:
-26.99%
IYW:
-14.62%
Returns By Period
In the year-to-date period, LECO achieves a -0.52% return, which is significantly higher than IYW's -10.73% return. Over the past 10 years, LECO has underperformed IYW with an annualized return of 12.75%, while IYW has yielded a comparatively higher 18.78% annualized return.
LECO
-0.52%
-5.46%
-3.34%
-17.23%
21.58%
12.75%
IYW
-10.73%
-2.71%
-8.32%
11.26%
20.70%
18.78%
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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 1.57%, more than IYW's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LECO Lincoln Electric Holdings, Inc. | 1.57% | 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 | 0.23% | 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
The current volatility for Lincoln Electric Holdings, Inc. (LECO) is 16.33%, while iShares U.S. Technology ETF (IYW) has a volatility of 19.19%. This indicates that LECO experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.