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LIN vs. XLB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


LINXLB
YTD Return9.26%5.50%
1Y Return25.22%12.57%
3Y Return (Ann)17.72%6.06%
5Y Return (Ann)21.83%11.42%
10Y Return (Ann)15.47%8.98%
Sharpe Ratio1.590.92
Daily Std Dev16.40%14.93%
Max Drawdown-51.76%-59.83%
Current Drawdown-5.79%-3.37%

Correlation

0.73
-1.001.00

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 9.26% return, which is significantly higher than XLB's 5.50% return. Over the past 10 years, LIN has outperformed XLB with an annualized return of 15.47%, while XLB has yielded a comparatively lower 8.98% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
19.11%
17.04%
LIN
XLB

Compare stocks, funds, or ETFs


Linde plc

Materials Select Sector SPDR ETF

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.


LIN
Sharpe ratio
The Sharpe ratio of LIN compared to the broader market-2.00-1.000.001.002.003.004.001.59
Sortino ratio
The Sortino ratio of LIN compared to the broader market-4.00-2.000.002.004.006.002.24
Omega ratio
The Omega ratio of LIN compared to the broader market0.501.001.501.30
Calmar ratio
The Calmar ratio of LIN compared to the broader market0.001.002.003.004.005.006.004.01
Martin ratio
The Martin ratio of LIN compared to the broader market0.0010.0020.0030.009.13
XLB
Sharpe ratio
The Sharpe ratio of XLB compared to the broader market-2.00-1.000.001.002.003.004.000.92
Sortino ratio
The Sortino ratio of XLB compared to the broader market-4.00-2.000.002.004.006.001.36
Omega ratio
The Omega ratio of XLB compared to the broader market0.501.001.501.16
Calmar ratio
The Calmar ratio of XLB compared to the broader market0.001.002.003.004.005.006.000.90
Martin ratio
The Martin ratio of XLB compared to the broader market0.0010.0020.0030.002.86

LIN vs. XLB - Sharpe Ratio Comparison

The current LIN Sharpe Ratio is 1.59, which is higher than the XLB Sharpe Ratio of 0.92. The chart below compares the 12-month rolling Sharpe Ratio of LIN and XLB.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50NovemberDecember2024FebruaryMarchApril
1.59
0.92
LIN
XLB

Dividends

LIN vs. XLB - Dividend Comparison

LIN's dividend yield for the trailing twelve months is around 1.17%, less than XLB's 1.90% yield.


TTM20232022202120202019201820172016201520142013
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
1.90%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%. The drawdown chart below compares losses from any high point along the way for LIN and XLB


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-5.79%
-3.37%
LIN
XLB

Volatility

LIN vs. XLB - Volatility Comparison

The current volatility for Linde plc (LIN) is 3.30%, while Materials Select Sector SPDR ETF (XLB) has a volatility of 3.55%. 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.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
3.30%
3.55%
LIN
XLB