LH vs. ONEQ

In the year-to-date period, LH achieves a 1.17% return, which is significantly lower than ONEQ's 29.85% return. Over the past 10 years, LH has underperformed ONEQ with an annualized return of 9.85%, while ONEQ has yielded a comparatively higher 16.22% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Laboratory Corporation of America Holdings (LH) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). 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 current LH Sharpe Ratio is 0.12, which is lower than the ONEQ Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of LH and ONEQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

LH's dividend yield for the trailing twelve months is around 1.27%, more than ONEQ's 0.45% yield.

The maximum LH drawdown since its inception was -96.05%, which is greater than ONEQ's maximum drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for LH and ONEQ. For additional features, visit the drawdowns tool.

Laboratory Corporation of America Holdings (LH) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) have volatilities of 4.78% and 4.97%, 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.