PortfoliosLab logo
LECO vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LECO and SPY is 0.54, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

LECO vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lincoln Electric Holdings, Inc. (LECO) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%NovemberDecember2025FebruaryMarchApril
4,175.85%
1,633.52%
LECO
SPY

Key characteristics

Sharpe Ratio

LECO:

-0.63

SPY:

0.51

Sortino Ratio

LECO:

-0.78

SPY:

0.86

Omega Ratio

LECO:

0.91

SPY:

1.13

Calmar Ratio

LECO:

-0.62

SPY:

0.55

Martin Ratio

LECO:

-1.22

SPY:

2.26

Ulcer Index

LECO:

17.51%

SPY:

4.55%

Daily Std Dev

LECO:

33.90%

SPY:

20.08%

Max Drawdown

LECO:

-68.89%

SPY:

-55.19%

Current Drawdown

LECO:

-26.99%

SPY:

-9.89%

Returns By Period

In the year-to-date period, LECO achieves a -0.52% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, LECO has outperformed SPY with an annualized return of 12.75%, while SPY has yielded a comparatively lower 11.99% annualized return.


LECO

YTD

-0.52%

1M

-5.46%

6M

-3.34%

1Y

-17.23%

5Y*

21.58%

10Y*

12.75%

SPY

YTD

-5.76%

1M

-3.16%

6M

-4.30%

1Y

10.76%

5Y*

15.96%

10Y*

11.99%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

LECO vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LECO
The Risk-Adjusted Performance Rank of LECO is 1717
Overall Rank
The Sharpe Ratio Rank of LECO is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of LECO is 1717
Sortino Ratio Rank
The Omega Ratio Rank of LECO is 1919
Omega Ratio Rank
The Calmar Ratio Rank of LECO is 1313
Calmar Ratio Rank
The Martin Ratio Rank of LECO is 1919
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6161
Overall Rank
The Sharpe Ratio Rank of SPY is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 5858
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6161
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6464
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LECO vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lincoln Electric Holdings, Inc. (LECO) and SPDR S&P 500 ETF (SPY). 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.


The chart of Sharpe ratio for LECO, currently valued at -0.63, compared to the broader market-2.00-1.000.001.002.003.00
LECO: -0.63
SPY: 0.51
The chart of Sortino ratio for LECO, currently valued at -0.78, compared to the broader market-6.00-4.00-2.000.002.004.00
LECO: -0.78
SPY: 0.86
The chart of Omega ratio for LECO, currently valued at 0.91, compared to the broader market0.501.001.502.00
LECO: 0.91
SPY: 1.13
The chart of Calmar ratio for LECO, currently valued at -0.62, compared to the broader market0.001.002.003.004.005.00
LECO: -0.62
SPY: 0.55
The chart of Martin ratio for LECO, currently valued at -1.22, compared to the broader market-5.000.005.0010.0015.0020.00
LECO: -1.22
SPY: 2.26

The current LECO Sharpe Ratio is -0.63, which is lower than the SPY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of LECO and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.63
0.51
LECO
SPY

Dividends

LECO vs. SPY - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.57%, more than SPY's 1.30% yield.


TTM20242023202220212020201920182017201620152014
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%
SPY
SPDR S&P 500 ETF
1.30%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

LECO vs. SPY - Drawdown Comparison

The maximum LECO drawdown since its inception was -68.89%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LECO and SPY. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-26.99%
-9.89%
LECO
SPY

Volatility

LECO vs. SPY - Volatility Comparison

Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 16.33% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that LECO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
16.33%
15.12%
LECO
SPY