PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
LECO vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


LECOVOO
YTD Return-10.07%24.17%
1Y Return7.03%37.39%
3Y Return (Ann)13.51%11.18%
5Y Return (Ann)19.74%16.29%
10Y Return (Ann)13.62%14.09%
Sharpe Ratio0.232.94
Sortino Ratio0.503.91
Omega Ratio1.071.54
Calmar Ratio0.193.16
Martin Ratio0.3818.36
Ulcer Index16.80%2.00%
Daily Std Dev27.17%12.47%
Max Drawdown-68.89%-33.99%
Current Drawdown-24.52%0.00%

Correlation

-0.50.00.51.00.7

The correlation between LECO and VOO is 0.66, 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. VOO - Performance Comparison

In the year-to-date period, LECO achieves a -10.07% return, which is significantly lower than VOO's 24.17% return. Both investments have delivered pretty close results over the past 10 years, with LECO having a 13.62% annualized return and VOO not far ahead at 14.09%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%MayJuneJulyAugustSeptemberOctober
-18.57%
16.83%
LECO
VOO

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. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lincoln Electric Holdings, Inc. (LECO) and Vanguard S&P 500 ETF (VOO). 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
Sharpe ratio
The chart of Sharpe ratio for LECO, currently valued at 0.23, compared to the broader market-4.00-2.000.002.004.000.23
Sortino ratio
The chart of Sortino ratio for LECO, currently valued at 0.50, compared to the broader market-4.00-2.000.002.004.000.50
Omega ratio
The chart of Omega ratio for LECO, currently valued at 1.07, compared to the broader market0.501.001.502.001.07
Calmar ratio
The chart of Calmar ratio for LECO, currently valued at 0.19, compared to the broader market0.002.004.006.000.19
Martin ratio
The chart of Martin ratio for LECO, currently valued at 0.38, compared to the broader market-10.000.0010.0020.0030.000.38
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.94, compared to the broader market-4.00-2.000.002.004.002.94
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.91, compared to the broader market-4.00-2.000.002.004.003.91
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.54, compared to the broader market0.501.001.502.001.54
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 3.16, compared to the broader market0.002.004.006.003.16
Martin ratio
The chart of Martin ratio for VOO, currently valued at 18.36, compared to the broader market-10.000.0010.0020.0030.0018.36

LECO vs. VOO - Sharpe Ratio Comparison

The current LECO Sharpe Ratio is 0.23, which is lower than the VOO Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of LECO and VOO, 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-0.500.000.501.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
0.23
2.94
LECO
VOO

Dividends

LECO vs. VOO - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.47%, more than VOO's 1.26% yield.


TTM20232022202120202019201820172016201520142013
LECO
Lincoln Electric Holdings, Inc.
1.47%1.21%1.61%1.50%1.70%1.96%2.08%1.57%1.71%2.29%1.42%1.16%
VOO
Vanguard S&P 500 ETF
1.26%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

LECO vs. VOO - Drawdown Comparison

The maximum LECO drawdown since its inception was -68.89%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LECO and VOO. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-24.52%
0
LECO
VOO

Volatility

LECO vs. VOO - Volatility Comparison

Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 6.88% compared to Vanguard S&P 500 ETF (VOO) at 2.87%. This indicates that LECO's price experiences larger fluctuations and is considered to be riskier than VOO 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%12.00%MayJuneJulyAugustSeptemberOctober
6.88%
2.87%
LECO
VOO