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.
Performance
LECO vs. IYW - Performance Comparison
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LECO vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LECO Lincoln Electric Holdings, Inc. | 4.56% | 29.63% | -12.55% | 52.61% | 5.42% | 21.89% | 22.97% | 25.41% | -12.24% | 21.37% |
IYW iShares U.S. Technology ETF | -7.61% | 25.38% | 30.25% | 65.44% | -34.83% | 35.44% | 47.45% | 46.64% | -0.93% | 36.60% |
Returns By Period
In the year-to-date period, LECO achieves a 4.56% return, which is significantly higher than IYW's -7.61% return. Over the past 10 years, LECO has underperformed IYW with an annualized return of 17.63%, while IYW has yielded a comparatively higher 21.74% annualized return.
LECO
- 1D
- 0.27%
- 1M
- -12.72%
- YTD
- 4.56%
- 6M
- 8.37%
- 1Y
- 31.67%
- 3Y*
- 15.47%
- 5Y*
- 16.82%
- 10Y*
- 17.63%
IYW
- 1D
- 1.65%
- 1M
- -3.50%
- YTD
- -7.61%
- 6M
- -6.42%
- 1Y
- 30.19%
- 3Y*
- 26.02%
- 5Y*
- 15.85%
- 10Y*
- 21.74%
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Return for Risk
LECO vs. IYW — Risk / Return Rank
LECO
IYW
LECO vs. IYW - Risk-Adjusted Trends 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.
| LECO | IYW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.13 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.73 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.24 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 1.77 | +0.08 |
Martin ratioReturn relative to average drawdown | 5.86 | 5.68 | +0.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LECO | IYW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.13 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.62 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.87 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.30 | +0.11 |
Correlation
The correlation between LECO and IYW is 0.51, 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.
Dividends
LECO vs. IYW - Dividend Comparison
LECO's dividend yield for the trailing twelve months is around 1.23%, more than IYW's 0.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LECO Lincoln Electric Holdings, Inc. | 1.23% | 1.27% | 1.54% | 1.21% | 1.61% | 1.50% | 1.70% | 1.96% | 2.08% | 1.57% | 1.71% | 2.29% |
IYW iShares U.S. Technology ETF | 0.15% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
Drawdowns
LECO vs. IYW - Drawdown Comparison
The maximum LECO drawdown since its inception was -68.89%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for LECO and IYW.
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Drawdown Indicators
| LECO | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.89% | -81.90% | +13.01% |
Max Drawdown (1Y)Largest decline over 1 year | -18.27% | -17.81% | -0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -34.29% | -39.44% | +5.15% |
Max Drawdown (10Y)Largest decline over 10 years | -38.89% | -39.44% | +0.55% |
Current DrawdownCurrent decline from peak | -16.16% | -12.65% | -3.51% |
Average DrawdownAverage peak-to-trough decline | -13.52% | -34.87% | +21.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.76% | 5.55% | +0.21% |
Volatility
LECO vs. IYW - Volatility Comparison
Lincoln Electric Holdings, Inc. (LECO) and iShares U.S. Technology ETF (IYW) have volatilities of 7.97% and 8.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LECO | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 8.23% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 19.34% | 15.99% | +3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.43% | 26.92% | +3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.37% | 25.78% | +0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.27% | 24.98% | +2.29% |