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LNW vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LNW and VGT is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

LNW vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Light & Wonder Inc (LNW) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%JulyAugustSeptemberOctoberNovemberDecember
472.43%
1,462.78%
LNW
VGT

Key characteristics

Sharpe Ratio

LNW:

0.05

VGT:

1.53

Sortino Ratio

LNW:

0.29

VGT:

2.03

Omega Ratio

LNW:

1.04

VGT:

1.27

Calmar Ratio

LNW:

0.07

VGT:

2.15

Martin Ratio

LNW:

0.16

VGT:

7.70

Ulcer Index

LNW:

10.56%

VGT:

4.26%

Daily Std Dev

LNW:

35.54%

VGT:

21.48%

Max Drawdown

LNW:

-96.51%

VGT:

-54.63%

Current Drawdown

LNW:

-23.90%

VGT:

-1.50%

Returns By Period

In the year-to-date period, LNW achieves a 4.43% return, which is significantly lower than VGT's 32.56% return. Both investments have delivered pretty close results over the past 10 years, with LNW having a 20.63% annualized return and VGT not far ahead at 20.84%.


LNW

YTD

4.43%

1M

-11.07%

6M

-15.81%

1Y

1.58%

5Y*

26.06%

10Y*

20.63%

VGT

YTD

32.56%

1M

2.68%

6M

12.86%

1Y

32.67%

5Y*

22.23%

10Y*

20.84%

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Risk-Adjusted Performance

LNW vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Light & Wonder Inc (LNW) and Vanguard Information Technology ETF (VGT). 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.


Sharpe ratio
The chart of Sharpe ratio for LNW, currently valued at 0.05, compared to the broader market-4.00-2.000.002.000.051.53
The chart of Sortino ratio for LNW, currently valued at 0.29, compared to the broader market-4.00-2.000.002.004.000.292.03
The chart of Omega ratio for LNW, currently valued at 1.04, compared to the broader market0.501.001.502.001.041.27
The chart of Calmar ratio for LNW, currently valued at 0.07, compared to the broader market0.002.004.006.000.072.15
The chart of Martin ratio for LNW, currently valued at 0.16, compared to the broader market-5.000.005.0010.0015.0020.0025.000.167.70
LNW
VGT

The current LNW Sharpe Ratio is 0.05, which is lower than the VGT Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of LNW and VGT, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.05
1.53
LNW
VGT

Dividends

LNW vs. VGT - Dividend Comparison

LNW has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.58%.


TTM20232022202120202019201820172016201520142013
LNW
Light & Wonder Inc
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VGT
Vanguard Information Technology ETF
0.58%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%1.05%

Drawdowns

LNW vs. VGT - Drawdown Comparison

The maximum LNW drawdown since its inception was -96.51%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for LNW and VGT. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-23.90%
-1.50%
LNW
VGT

Volatility

LNW vs. VGT - Volatility Comparison

Light & Wonder Inc (LNW) has a higher volatility of 8.23% compared to Vanguard Information Technology ETF (VGT) at 5.60%. This indicates that LNW's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.23%
5.60%
LNW
VGT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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