LMAT vs. SPY
Compare and contrast key facts about LeMaitre Vascular, Inc. (LMAT) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LMAT or SPY.
Key characteristics
| LMAT | SPY | |
|---|---|---|
| YTD Return | 17.92% | 6.58% |
| 1Y Return | 6.87% | 25.57% |
| 3Y Return (Ann) | 10.16% | 8.08% |
| 5Y Return (Ann) | 20.67% | 13.25% |
| 10Y Return (Ann) | 24.87% | 12.38% |
| Sharpe Ratio | 0.59 | 2.13 |
| Daily Std Dev | 39.03% | 11.60% |
| Max Drawdown | -75.69% | -55.19% |
| Current Drawdown | -5.81% | -3.47% |
Correlation
The correlation between LMAT and SPY is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LMAT vs. SPY - Performance Comparison
In the year-to-date period, LMAT achieves a 17.92% return, which is significantly higher than SPY's 6.58% return. Over the past 10 years, LMAT has outperformed SPY with an annualized return of 24.87%, while SPY has yielded a comparatively lower 12.38% 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
LMAT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LeMaitre Vascular, Inc. (LMAT) 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.
Dividends
LMAT vs. SPY - Dividend Comparison
LMAT's dividend yield for the trailing twelve months is around 0.87%, less than SPY's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMAT LeMaitre Vascular, Inc. | 0.87% | 0.99% | 1.09% | 0.88% | 0.94% | 0.95% | 1.18% | 0.69% | 0.71% | 0.93% | 1.83% | 1.50% |
SPY SPDR S&P 500 ETF | 1.33% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
LMAT vs. SPY - Drawdown Comparison
The maximum LMAT drawdown since its inception was -75.69%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LMAT and SPY. For additional features, visit the drawdowns tool.
Volatility
LMAT vs. SPY - Volatility Comparison
LeMaitre Vascular, Inc. (LMAT) has a higher volatility of 7.88% compared to SPDR S&P 500 ETF (SPY) at 4.03%. This indicates that LMAT's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.