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LNN vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


LNNSPY
YTD Return-2.83%26.01%
1Y Return0.37%33.73%
3Y Return (Ann)-6.92%9.91%
5Y Return (Ann)8.15%15.54%
10Y Return (Ann)5.27%13.25%
Sharpe Ratio0.012.82
Sortino Ratio0.293.76
Omega Ratio1.031.53
Calmar Ratio0.014.05
Martin Ratio0.0418.33
Ulcer Index10.04%1.86%
Daily Std Dev34.20%12.07%
Max Drawdown-82.79%-55.19%
Current Drawdown-30.06%-0.90%

Correlation

-0.50.00.51.00.4

The correlation between LNN and SPY is 0.39, 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

LNN vs. SPY - Performance Comparison

In the year-to-date period, LNN achieves a -2.83% return, which is significantly lower than SPY's 26.01% return. Over the past 10 years, LNN has underperformed SPY with an annualized return of 5.27%, while SPY has yielded a comparatively higher 13.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.77%
12.94%
LNN
SPY

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Risk-Adjusted Performance

LNN vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lindsay Corporation (LNN) 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.


LNN
Sharpe ratio
The chart of Sharpe ratio for LNN, currently valued at 0.01, compared to the broader market-4.00-2.000.002.004.000.01
Sortino ratio
The chart of Sortino ratio for LNN, currently valued at 0.29, compared to the broader market-4.00-2.000.002.004.006.000.29
Omega ratio
The chart of Omega ratio for LNN, currently valued at 1.03, compared to the broader market0.501.001.502.001.03
Calmar ratio
The chart of Calmar ratio for LNN, currently valued at 0.01, compared to the broader market0.002.004.006.000.01
Martin ratio
The chart of Martin ratio for LNN, currently valued at 0.04, compared to the broader market0.0010.0020.0030.000.04
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.80, compared to the broader market-4.00-2.000.002.004.002.80
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.73, compared to the broader market-4.00-2.000.002.004.006.003.73
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.53, compared to the broader market0.501.001.502.001.53
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 4.01, compared to the broader market0.002.004.006.004.01
Martin ratio
The chart of Martin ratio for SPY, currently valued at 18.17, compared to the broader market0.0010.0020.0030.0018.17

LNN vs. SPY - Sharpe Ratio Comparison

The current LNN Sharpe Ratio is 0.01, which is lower than the SPY Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of LNN and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.01
2.80
LNN
SPY

Dividends

LNN vs. SPY - Dividend Comparison

LNN's dividend yield for the trailing twelve months is around 1.14%, less than SPY's 1.18% yield.


TTM20232022202120202019201820172016201520142013
LNN
Lindsay Corporation
1.14%1.07%0.82%0.86%0.99%1.29%1.27%1.34%1.53%1.52%1.24%0.59%
SPY
SPDR S&P 500 ETF
1.18%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

LNN vs. SPY - Drawdown Comparison

The maximum LNN drawdown since its inception was -82.79%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LNN and SPY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-30.06%
-0.90%
LNN
SPY

Volatility

LNN vs. SPY - Volatility Comparison

Lindsay Corporation (LNN) has a higher volatility of 14.71% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that LNN'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.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
14.71%
3.84%
LNN
SPY