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LECO vs. XLE

Last updated Feb 24, 2024

Compare and contrast key facts about Lincoln Electric Holdings, Inc. (LECO) and Energy Select Sector SPDR Fund (XLE).

XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LECO or XLE.

Key characteristics


LECOXLE
YTD Return14.98%2.53%
1Y Return52.45%5.16%
3Y Return (Ann)30.87%26.08%
5Y Return (Ann)25.52%10.77%
10Y Return (Ann)14.98%3.69%
Sharpe Ratio2.230.31
Daily Std Dev24.46%21.60%
Max Drawdown-68.89%-71.54%
Current Drawdown0.00%-6.36%

Correlation

0.44
-1.001.00

The correlation between LECO and XLE is 0.44, 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.

LECO vs. XLE - Performance Comparison

In the year-to-date period, LECO achieves a 14.98% return, which is significantly higher than XLE's 2.53% return. Over the past 10 years, LECO has outperformed XLE with an annualized return of 14.98%, while XLE has yielded a comparatively lower 3.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%SeptemberOctoberNovemberDecember2024February
35.02%
-0.19%
LECO
XLE

Compare stocks, funds, or ETFs


Lincoln Electric Holdings, Inc.

Energy Select Sector SPDR Fund

LECO vs. XLE - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.05%, less than XLE's 3.46% yield.


TTM20232022202120202019201820172016201520142013
LECO
Lincoln Electric Holdings, Inc.
1.05%1.21%1.61%1.50%1.70%1.96%2.08%1.57%1.71%2.29%1.42%1.16%
XLE
Energy Select Sector SPDR Fund
3.46%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%1.73%

LECO vs. XLE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lincoln Electric Holdings, Inc. (LECO) and Energy Select Sector SPDR Fund (XLE). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
LECO
Lincoln Electric Holdings, Inc.
2.23
XLE
Energy Select Sector SPDR Fund
0.31

LECO vs. XLE - Sharpe Ratio Comparison

The current LECO Sharpe Ratio is 2.23, which is higher than the XLE Sharpe Ratio of 0.31. The chart below compares the 12-month rolling Sharpe Ratio of LECO and XLE.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00SeptemberOctoberNovemberDecember2024February
2.23
0.31
LECO
XLE

LECO vs. XLE - Drawdown Comparison

The maximum LECO drawdown since its inception was -68.89%, roughly equal to the maximum XLE drawdown of -71.54%. The drawdown chart below compares losses from any high point along the way for LECO and XLE


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February0
-6.36%
LECO
XLE

LECO vs. XLE - Volatility Comparison

Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 9.00% compared to Energy Select Sector SPDR Fund (XLE) at 5.34%. This indicates that LECO's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%SeptemberOctoberNovemberDecember2024February
9.00%
5.34%
LECO
XLE