LNC vs. KRP
LNC (Lincoln National Corporation) and KRP (Kimbell Royalty Partners, LP) are both stocks. LNC operates in Insurance - Life (Financial Services), while KRP operates in Oil & Gas E&P (Energy). Over the past 5 years, LNC returned -4.22%/yr vs 14.83%/yr for KRP. At a 0.27 correlation, their price movements are largely independent.
Performance
LNC vs. KRP - Performance Comparison
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Returns By Period
In the year-to-date period, LNC achieves a -14.56% return, which is significantly lower than KRP's 32.35% return.
LNC
- 1D
- -0.59%
- 1M
- 4.76%
- YTD
- -14.56%
- 6M
- -17.67%
- 1Y
- 17.55%
- 3Y*
- 21.93%
- 5Y*
- -4.22%
- 10Y*
- 2.50%
KRP
- 1D
- -0.20%
- 1M
- -2.31%
- YTD
- 32.35%
- 6M
- 37.01%
- 1Y
- 12.59%
- 3Y*
- 11.24%
- 5Y*
- 14.83%
- 10Y*
- —
LNC vs. KRP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LNC Lincoln National Corporation | -14.56% | 48.02% | 24.78% | -5.55% | -53.53% | 39.49% | -11.08% | 17.95% | -31.98% | 13.59% |
KRP Kimbell Royalty Partners, LP | 32.35% | -18.60% | 20.43% | 0.76% | 36.93% | 89.97% | -48.94% | 38.62% | -8.93% | -5.43% |
Correlation
The correlation between LNC and KRP is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2017 | 0.27 |
Over the past year, the correlation between LNC and KRP has dropped to 0.01 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
LNC:
$12.09
KRP:
$0.60
LNC:
3.08
KRP:
24.59
LNC:
0.02
KRP:
0.09
LNC:
0.28
KRP:
5.71
LNC:
$18.88B
KRP:
$309.11M
LNC:
$3.21B
KRP:
$319.28M
LNC:
$2.45B
KRP:
$177.16M
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Return for Risk
LNC vs. KRP — Risk / Return Rank
LNC
KRP
LNC vs. KRP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lincoln National Corporation (LNC) and Kimbell Royalty Partners, LP (KRP). 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 | KRP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.11 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 0.62 | -0.01 |
| Martin ratioReturn relative to average drawdown | 1.27 | 1.58 | -0.31 |
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Drawdowns
LNC vs. KRP - Drawdown Comparison
The maximum LNC drawdown since its inception was -92.87%, which is greater than KRP's maximum drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for LNC and KRP.
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Drawdown Indicators
| LNC | KRP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.87% | -80.91% | -11.96% |
Max Drawdown (1Y)Largest decline over 1 year | -29.13% | -20.50% | -8.63% |
Max Drawdown (3Y)Largest decline over 3 years | -29.13% | -27.58% | -1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -73.14% | -27.58% | -45.56% |
Max Drawdown (10Y)Largest decline over 10 years | -79.19% | — | — |
Current DrawdownCurrent decline from peak | -38.58% | -4.95% | -33.63% |
Average DrawdownAverage peak-to-trough decline | -25.05% | -19.37% | -5.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.84% | 7.97% | +5.87% |
Volatility
LNC vs. KRP - Volatility Comparison
Lincoln National Corporation (LNC) has a higher volatility of 7.69% compared to Kimbell Royalty Partners, LP (KRP) at 6.60%. This indicates that LNC's price experiences larger fluctuations and is considered to be riskier than KRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LNC | KRP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.69% | 6.60% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 24.95% | 16.81% | +8.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.33% | 23.01% | +10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.85% | 28.34% | +14.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.75% | 41.29% | +5.46% |
Dividends
LNC vs. KRP - Dividend Comparison
LNC's dividend yield for the trailing twelve months is around 4.84%, less than KRP's 10.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KRP Kimbell Royalty Partners, LP | 10.22% | 13.61% | 10.78% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% | 0.00% | 0.00% |
LNC Lincoln National Corporation | 4.84% | 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. KRP - Financials Comparison
This section allows you to compare key financial metrics between Lincoln National Corporation and Kimbell Royalty Partners, LP. 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. KRP - 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%.
KRP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a gross profit of 59.66M and revenue of 65.54M. Therefore, the gross margin over that period was 91.0%.
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%.
KRP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported an operating income of 15.80M and revenue of 65.54M, resulting in an operating margin of 24.1%.
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%.
KRP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a net income of 3.97M and revenue of 65.54M, resulting in a net margin of 6.1%.
Frequently Asked Questions
LNC and KRP have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LNC has higher volatility (7.69%) compared to KRP (6.60%). In terms of maximum drawdown, LNC dropped -92.87% vs KRP's -80.91%.
KRP currently has the higher Sharpe Ratio (0.55 vs 0.53), 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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