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LII vs. BIL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

LII vs. BIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lennox International Inc. (LII) and SPDR Bloomberg 1-3 Month T-Bill ETF (BIL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LII achieves a 6.43% return, which is significantly higher than BIL's 1.49% return. Over the past 10 years, LII has outperformed BIL with an annualized return of 15.46%, while BIL has yielded a comparatively lower 2.18% annualized return.


LII

1D
-0.21%
1M
0.09%
YTD
6.43%
6M
3.63%
1Y
-7.15%
3Y*
21.18%
5Y*
9.89%
10Y*
15.46%

BIL

1D
0.02%
1M
0.28%
YTD
1.49%
6M
1.77%
1Y
3.87%
3Y*
4.64%
5Y*
3.41%
10Y*
2.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LII vs. BIL - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LII
Lennox International Inc.
6.43%-19.54%37.27%89.55%-24.94%19.71%13.79%12.78%6.33%37.43%
BIL
SPDR Bloomberg 1-3 Month T-Bill ETF
1.49%4.15%5.19%4.94%1.40%-0.10%0.40%2.03%1.74%0.69%

Correlation

The correlation between LII and BIL is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.01

Correlation (3Y)
Calculated over the trailing 3-year period

-0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.01

Correlation (10Y)
Calculated over the trailing 10-year period

0.02

Correlation (All Time)
Calculated using the full available price history since May 31, 2007

-0.01

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Return for Risk

LII vs. BIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LII
LII Risk / Return Rank: 3131
Overall Rank
LII Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
LII Sortino Ratio Rank: 2828
Sortino Ratio Rank
LII Omega Ratio Rank: 2929
Omega Ratio Rank
LII Calmar Ratio Rank: 3333
Calmar Ratio Rank
LII Martin Ratio Rank: 3434
Martin Ratio Rank

BIL
BIL Risk / Return Rank: 100100
Overall Rank
BIL Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
BIL Sortino Ratio Rank: 100100
Sortino Ratio Rank
BIL Omega Ratio Rank: 100100
Omega Ratio Rank
BIL Calmar Ratio Rank: 100100
Calmar Ratio Rank
BIL Martin Ratio Rank: 100100
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LII vs. BIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lennox International Inc. (LII) and SPDR Bloomberg 1-3 Month T-Bill ETF (BIL). 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.


LIIBILDifference
Sharpe ratioReturn per unit of total volatility

-19.92

Sortino ratioReturn per unit of downside risk

-174.22

Omega ratioGain probability vs. loss probability

0.99

87.91

-86.91

Calmar ratioReturn relative to maximum drawdown

-0.21

355.35

-355.57

Martin ratioReturn relative to average drawdown

-0.35

2,817.77

-2,818.12

LII vs. BIL - Sharpe Ratio Comparison

The current LII Sharpe Ratio is -0.21, which is lower than the BIL Sharpe Ratio of 19.71. The chart below compares the historical Sharpe Ratios of LII and BIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


LIIBILDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.21

19.71

-19.92

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

13.16

-12.85

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

8.52

-7.99

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

2.78

-2.34

Drawdowns

LII vs. BIL - Drawdown Comparison

The maximum LII drawdown since its inception was -62.76%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for LII and BIL.


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Drawdown Indicators


LIIBILDifference

Max Drawdown

Largest peak-to-trough decline

-62.76%

-0.78%

-61.98%

Max Drawdown (1Y)

Largest decline over 1 year

-33.77%

-0.01%

-33.76%

Max Drawdown (3Y)

Largest decline over 3 years

-34.71%

-0.01%

-34.70%

Max Drawdown (5Y)

Largest decline over 5 years

-46.88%

-0.10%

-46.78%

Max Drawdown (10Y)

Largest decline over 10 years

-46.88%

-0.21%

-46.67%

Current Drawdown

Current decline from peak

-22.94%

0.00%

-22.94%

Average Drawdown

Average peak-to-trough decline

-14.50%

-0.26%

-14.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.59%

0.00%

+20.59%

Volatility

LII vs. BIL - Volatility Comparison

Lennox International Inc. (LII) has a higher volatility of 10.19% compared to SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) at 0.05%. This indicates that LII's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


LIIBILDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.19%

0.05%

+10.14%

Volatility (6M)

Calculated over the trailing 6-month period

25.93%

0.13%

+25.80%

Volatility (1Y)

Calculated over the trailing 1-year period

34.81%

0.20%

+34.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.04%

0.26%

+31.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.26%

0.26%

+29.00%

Dividends

LII vs. BIL - Dividend Comparison

LII's dividend yield for the trailing twelve months is around 1.01%, less than BIL's 3.86% yield.


PositionTTM20252024202320222021202020192018201720162015
BIL
SPDR Bloomberg 1-3 Month T-Bill ETF
3.86%4.13%5.03%4.92%1.35%0.00%0.30%2.05%1.66%0.68%0.07%0.00%
LII
Lennox International Inc.
1.01%1.04%0.75%0.97%1.71%1.09%1.12%1.21%1.11%0.94%1.08%1.10%

Frequently Asked Questions


LII and BIL have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

LII has higher volatility (10.19%) compared to BIL (0.05%). In terms of maximum drawdown, LII dropped -62.76% vs BIL's -0.78%.

BIL currently has the higher Sharpe Ratio (19.71 vs -0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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