LIN vs. PLUG
LIN (Linde plc) and PLUG (Plug Power Inc.) are both stocks. LIN operates in Specialty Chemicals (Basic Materials), while PLUG operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, LIN returned 12.63%/yr vs -36.27%/yr for PLUG. At a 0.23 correlation, their price movements are largely independent.
Performance
LIN vs. PLUG - Performance Comparison
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Returns By Period
In the year-to-date period, LIN achieves a 19.89% return, which is significantly lower than PLUG's 63.20% return.
LIN
- 1D
- 0.09%
- 1M
- 1.52%
- YTD
- 19.89%
- 6M
- 27.94%
- 1Y
- 9.46%
- 3Y*
- 13.63%
- 5Y*
- 12.63%
- 10Y*
- —
PLUG
- 1D
- -10.69%
- 1M
- -2.87%
- YTD
- 63.20%
- 6M
- 46.14%
- 1Y
- 268.90%
- 3Y*
- -29.15%
- 5Y*
- -36.27%
- 10Y*
- 5.29%
LIN vs. PLUG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LIN Linde plc | 19.89% | 3.22% | 3.18% | 27.66% | -4.39% | 33.39% | 25.88% | 39.04% | -7.11% |
PLUG Plug Power Inc. | 63.20% | -7.51% | -52.67% | -63.62% | -56.18% | -16.75% | 973.10% | 154.84% | -35.75% |
Correlation
The correlation between LIN and PLUG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2018 | 0.23 |
Fundamentals
LIN:
$236.84B
PLUG:
$4.47B
LIN:
$15.16
PLUG:
-$1.39
LIN:
6.89
PLUG:
5.25
LIN:
6.14
PLUG:
5.96
LIN:
$34.66B
PLUG:
$739.76M
LIN:
$15.94B
PLUG:
-$189.79M
LIN:
$12.31B
PLUG:
-$745.89M
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Return for Risk
LIN vs. PLUG — Risk / Return Rank
LIN
PLUG
LIN vs. PLUG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Linde plc (LIN) and Plug Power Inc. (PLUG). 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.
| LIN | PLUG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.36 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 4.78 | -4.29 |
| Martin ratioReturn relative to average drawdown | 1.39 | 8.14 | -6.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LIN | PLUG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 2.43 | -1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | -0.38 | +1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | -0.14 | +0.86 |
Drawdowns
LIN vs. PLUG - Drawdown Comparison
The maximum LIN drawdown since its inception was -32.59%, smaller than the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for LIN and PLUG.
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Drawdown Indicators
| LIN | PLUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.59% | -99.99% | +67.40% |
Max Drawdown (1Y)Largest decline over 1 year | -19.18% | -56.66% | +37.48% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -94.69% | +75.51% |
Max Drawdown (5Y)Largest decline over 5 years | -22.82% | -98.43% | +75.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.04% | — |
Current DrawdownCurrent decline from peak | -1.56% | -99.79% | +98.23% |
Average DrawdownAverage peak-to-trough decline | -5.43% | -96.23% | +90.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.80% | 33.20% | -26.40% |
Volatility
LIN vs. PLUG - Volatility Comparison
The current volatility for Linde plc (LIN) is 5.29%, while Plug Power Inc. (PLUG) has a volatility of 31.05%. This indicates that LIN experiences smaller price fluctuations and is considered to be less risky than PLUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIN | PLUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 31.05% | -25.76% |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | 63.41% | -49.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.93% | 111.54% | -94.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.76% | 94.53% | -73.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.07% | 89.44% | -65.37% |
Dividends
LIN vs. PLUG - Dividend Comparison
LIN's dividend yield for the trailing twelve months is around 1.22%, while PLUG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LIN Linde plc | 1.22% | 1.41% | 1.33% | 1.24% | 1.43% | 1.22% | 1.46% | 1.64% | 0.53% |
PLUG Plug Power Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
LIN vs. PLUG - Financials Comparison
This section allows you to compare key financial metrics between Linde plc and Plug Power Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
LIN and PLUG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLUG has higher volatility (31.05%) compared to LIN (5.29%). In terms of maximum drawdown, LIN dropped -32.59% vs PLUG's -99.99%.
PLUG currently has the higher Sharpe Ratio (2.43 vs 0.56), 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.
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