LNC vs. BXP
LNC (Lincoln National Corporation) and BXP (Boston Properties, Inc.) are both stocks. LNC operates in Insurance - Life (Financial Services), while BXP operates in REIT - Office (Real Estate). Over the past 10 years, LNC returned 3.69%/yr vs -2.65%/yr for BXP. At a 0.42 correlation, their price movements are largely independent.
Performance
LNC vs. BXP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LNC achieves a -13.39% return, which is significantly lower than BXP's -2.49% return. Over the past 10 years, LNC has outperformed BXP with an annualized return of 3.69%, while BXP has yielded a comparatively lower -2.65% annualized return.
LNC
- 1D
- 1.37%
- 1M
- 4.58%
- YTD
- -13.39%
- 6M
- -16.41%
- 1Y
- 19.74%
- 3Y*
- 23.49%
- 5Y*
- -4.86%
- 10Y*
- 3.69%
BXP
- 1D
- 0.32%
- 1M
- 7.66%
- YTD
- -2.49%
- 6M
- -4.29%
- 1Y
- -4.76%
- 3Y*
- 14.23%
- 5Y*
- -6.68%
- 10Y*
- -2.65%
LNC vs. BXP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LNC Lincoln National Corporation | -13.39% | 48.02% | 24.78% | -5.55% | -53.53% | 39.49% | -11.08% | 17.95% | -31.98% | 17.98% |
BXP Boston Properties, Inc. | -2.49% | -4.75% | 12.28% | 10.98% | -38.57% | 26.21% | -28.33% | 26.09% | -10.86% | 5.91% |
Correlation
The correlation between LNC and BXP is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 1997 | 0.42 |
The correlation between LNC and BXP shifts across timeframes, from 0.37 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LNC:
$12.09
BXP:
$2.00
LNC:
3.12
BXP:
32.46
LNC:
0.02
BXP:
0.07
LNC:
0.28
BXP:
2.95
LNC:
$18.88B
BXP:
$3.49B
LNC:
$3.21B
BXP:
$2.10B
LNC:
$2.45B
BXP:
$1.88B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LNC vs. BXP — Risk / Return Rank
LNC
BXP
LNC vs. BXP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lincoln National Corporation (LNC) and Boston Properties, Inc. (BXP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LNC | BXP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.00 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | -0.14 | +0.82 |
| Martin ratioReturn relative to average drawdown | 1.43 | -0.28 | +1.71 |
Loading charts...
Drawdowns
LNC vs. BXP - Drawdown Comparison
The maximum LNC drawdown since its inception was -92.87%, which is greater than BXP's maximum drawdown of -72.80%. Use the drawdown chart below to compare losses from any high point for LNC and BXP.
Loading charts...
Drawdown Indicators
| LNC | BXP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.87% | -72.80% | -20.07% |
Max Drawdown (1Y)Largest decline over 1 year | -29.13% | -33.56% | +4.43% |
Max Drawdown (3Y)Largest decline over 3 years | -29.13% | -39.03% | +9.90% |
Max Drawdown (5Y)Largest decline over 5 years | -73.14% | -62.57% | -10.57% |
Max Drawdown (10Y)Largest decline over 10 years | -79.19% | -63.59% | -15.60% |
Current DrawdownCurrent decline from peak | -37.74% | -39.89% | +2.15% |
Average DrawdownAverage peak-to-trough decline | -25.06% | -16.75% | -8.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.88% | 16.77% | -2.89% |
Volatility
LNC vs. BXP - Volatility Comparison
The current volatility for Lincoln National Corporation (LNC) is 7.13%, while Boston Properties, Inc. (BXP) has a volatility of 8.40%. This indicates that LNC experiences smaller price fluctuations and is considered to be less risky than BXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LNC | BXP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.13% | 8.40% | -1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 25.00% | 20.95% | +4.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.41% | 28.51% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.83% | 32.97% | +9.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.77% | 32.12% | +14.65% |
Dividends
LNC vs. BXP - Dividend Comparison
LNC's dividend yield for the trailing twelve months is around 4.78%, which matches BXP's 4.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BXP Boston Properties, Inc. | 4.75% | 4.98% | 5.27% | 5.59% | 5.80% | 3.40% | 4.15% | 2.78% | 3.11% | 2.35% | 2.15% | 3.02% |
LNC Lincoln National Corporation | 4.78% | 4.04% | 5.68% | 6.67% | 5.86% | 2.46% | 3.18% | 2.51% | 2.57% | 1.51% | 1.51% | 1.59% |
Financials
LNC vs. BXP - Financials Comparison
This section allows you to compare key financial metrics between Lincoln National Corporation and Boston Properties, 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
LNC vs. BXP - Profitability Comparison
LNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lincoln National Corporation reported a gross profit of 0.00 and revenue of 5.31B. Therefore, the gross margin over that period was 0.0%.
BXP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Properties, Inc. reported a gross profit of 515.21M and revenue of 872.15M. Therefore, the gross margin over that period was 59.1%.
LNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lincoln National Corporation reported an operating income of 0.00 and revenue of 5.31B, resulting in an operating margin of 0.0%.
BXP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Properties, Inc. reported an operating income of 227.78M and revenue of 872.15M, resulting in an operating margin of 26.1%.
LNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lincoln National Corporation reported a net income of -172.00M and revenue of 5.31B, resulting in a net margin of -3.2%.
BXP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Properties, Inc. reported a net income of 101.58M and revenue of 872.15M, resulting in a net margin of 11.7%.
Frequently Asked Questions
LNC and BXP have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BXP has higher volatility (8.40%) compared to LNC (7.13%). In terms of maximum drawdown, LNC dropped -92.87% vs BXP's -72.80%.
LNC currently has the higher Sharpe Ratio (0.59 vs -0.17), 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.
Find the right allocation for LNC and BXP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer