LH vs. SPY

In the year-to-date period, LH achieves a -0.16% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, LH has underperformed SPY with an annualized return of 8.65%, while SPY has yielded a comparatively higher 12.04% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Laboratory Corporation of America Holdings (LH) 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 current LH Sharpe Ratio is 0.46, which is comparable to the SPY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of LH 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.

LH's dividend yield for the trailing twelve months is around 1.26%, less than SPY's 1.30% yield.

The maximum LH drawdown since its inception was -96.05%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LH and SPY. For additional features, visit the drawdowns tool.

The current volatility for Laboratory Corporation of America Holdings (LH) is 11.83%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that LH experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.