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LECO vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

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.


-0.50.00.51.00.7

Performance

LECO vs. VOO - Performance Comparison

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

500.00%600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
792.53%
602.93%
LECO
VOO

Key characteristics

Sharpe Ratio

LECO:

-0.37

VOO:

2.25

Sortino Ratio

LECO:

-0.35

VOO:

2.98

Omega Ratio

LECO:

0.96

VOO:

1.42

Calmar Ratio

LECO:

-0.31

VOO:

3.31

Martin Ratio

LECO:

-0.54

VOO:

14.77

Ulcer Index

LECO:

18.90%

VOO:

1.90%

Daily Std Dev

LECO:

28.15%

VOO:

12.46%

Max Drawdown

LECO:

-68.89%

VOO:

-33.99%

Current Drawdown

LECO:

-26.01%

VOO:

-2.47%

Returns By Period

In the year-to-date period, LECO achieves a -11.84% return, which is significantly lower than VOO's 26.02% return. Both investments have delivered pretty close results over the past 10 years, with LECO having a 12.48% annualized return and VOO not far ahead at 13.08%.


LECO

YTD

-11.84%

1M

-6.61%

6M

1.74%

1Y

-11.19%

5Y*

16.17%

10Y*

12.48%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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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.


Sharpe ratio
The chart of Sharpe ratio for LECO, currently valued at -0.37, compared to the broader market-4.00-2.000.002.00-0.372.25
The chart of Sortino ratio for LECO, currently valued at -0.35, compared to the broader market-4.00-2.000.002.004.00-0.352.98
The chart of Omega ratio for LECO, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.42
The chart of Calmar ratio for LECO, currently valued at -0.31, compared to the broader market0.002.004.006.00-0.313.31
The chart of Martin ratio for LECO, currently valued at -0.54, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.5414.77
LECO
VOO

The current LECO Sharpe Ratio is -0.37, which is lower than the VOO Sharpe Ratio of 2.25. 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.37
2.25
LECO
VOO

Dividends

LECO vs. VOO - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.50%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
LECO
Lincoln Electric Holdings, Inc.
1.50%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
0.91%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%JulyAugustSeptemberOctoberNovemberDecember
-26.01%
-2.47%
LECO
VOO

Volatility

LECO vs. VOO - Volatility Comparison

Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 7.62% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. 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%JulyAugustSeptemberOctoberNovemberDecember
7.62%
3.75%
LECO
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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