LIN vs. XLB
Compare and contrast key facts about Linde plc (LIN) and Materials Select Sector SPDR ETF (XLB).
XLB is a passively managed fund by State Street that tracks the performance of the Materials 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: LIN or XLB.
Key characteristics
| LIN | XLB | |
|---|---|---|
| YTD Return | 8.69% | 5.91% |
| 1Y Return | 22.04% | 14.37% |
| 3Y Return (Ann) | 17.62% | 4.96% |
| 5Y Return (Ann) | 22.00% | 12.19% |
| 10Y Return (Ann) | 15.25% | 8.83% |
| Sharpe Ratio | 1.43 | 1.07 |
| Daily Std Dev | 16.36% | 14.63% |
| Max Drawdown | -51.76% | -59.83% |
| Current Drawdown | -6.28% | -3.00% |
Correlation
The correlation between LIN and XLB is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LIN vs. XLB - Performance Comparison
In the year-to-date period, LIN achieves a 8.69% return, which is significantly higher than XLB's 5.91% return. Over the past 10 years, LIN has outperformed XLB with an annualized return of 15.25%, while XLB has yielded a comparatively lower 8.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
LIN vs. XLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Linde plc (LIN) and Materials Select Sector SPDR ETF (XLB). 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.
Dividends
LIN vs. XLB - Dividend Comparison
LIN's dividend yield for the trailing twelve months is around 1.17%, less than XLB's 1.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIN Linde plc | 1.17% | 1.24% | 1.43% | 1.22% | 1.46% | 1.64% | 2.11% | 2.04% | 2.56% | 2.79% | 2.01% | 1.85% |
XLB Materials Select Sector SPDR ETF | 1.89% | 2.00% | 2.26% | 1.62% | 1.72% | 1.98% | 2.20% | 1.66% | 1.95% | 2.24% | 1.97% | 2.08% |
Drawdowns
LIN vs. XLB - Drawdown Comparison
The maximum LIN drawdown since its inception was -51.76%, smaller than the maximum XLB drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for LIN and XLB. For additional features, visit the drawdowns tool.
Volatility
LIN vs. XLB - Volatility Comparison
The current volatility for Linde plc (LIN) is 3.22%, while Materials Select Sector SPDR ETF (XLB) has a volatility of 3.39%. This indicates that LIN experiences smaller price fluctuations and is considered to be less risky than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.