LRCX vs. IGV
LRCX (Lam Research Corporation) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, LRCX returned 48.23%/yr vs 15.87%/yr for IGV. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
LRCX vs. IGV - Performance Comparison
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Returns By Period
In the year-to-date period, LRCX achieves a 114.54% return, which is significantly higher than IGV's -14.18% return. Over the past 10 years, LRCX has outperformed IGV with an annualized return of 48.23%, while IGV has yielded a comparatively lower 15.87% annualized return.
LRCX
- 1D
- 1.18%
- 1M
- 24.16%
- YTD
- 114.54%
- 6M
- 128.79%
- 1Y
- 303.12%
- 3Y*
- 81.91%
- 5Y*
- 43.22%
- 10Y*
- 48.23%
IGV
- 1D
- -0.24%
- 1M
- 2.37%
- YTD
- -14.18%
- 6M
- -16.00%
- 1Y
- -15.27%
- 3Y*
- 10.04%
- 5Y*
- 3.91%
- 10Y*
- 15.87%
LRCX vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LRCX Lam Research Corporation | 114.54% | 139.16% | -6.84% | 88.63% | -40.72% | 53.66% | 64.18% | 119.33% | -24.40% | 76.21% |
IGV iShares Expanded Tech-Software Sector ETF | -14.18% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between LRCX and IGV is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.61 |
Over the past year, the correlation between LRCX and IGV has dropped to 0.18 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
LRCX vs. IGV — Risk / Return Rank
LRCX
IGV
LRCX vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lam Research Corporation (LRCX) and iShares Expanded Tech-Software Sector ETF (IGV). 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.
| LRCX | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.33 | ||
| Sortino ratioReturn per unit of downside risk | +5.36 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 0.93 | +0.70 |
| Calmar ratioReturn relative to maximum drawdown | 15.26 | -0.42 | +15.68 |
| Martin ratioReturn relative to average drawdown | 51.20 | -0.87 | +52.07 |
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Drawdowns
LRCX vs. IGV - Drawdown Comparison
The maximum LRCX drawdown since its inception was -87.90%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for LRCX and IGV.
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Drawdown Indicators
| LRCX | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.90% | -63.45% | -24.45% |
Max Drawdown (1Y)Largest decline over 1 year | -20.01% | -36.61% | +16.60% |
Max Drawdown (3Y)Largest decline over 3 years | -47.10% | -36.61% | -10.49% |
Max Drawdown (5Y)Largest decline over 5 years | -56.39% | -45.85% | -10.54% |
Max Drawdown (10Y)Largest decline over 10 years | -56.39% | -45.85% | -10.54% |
Current DrawdownCurrent decline from peak | 0.00% | -23.00% | +23.00% |
Average DrawdownAverage peak-to-trough decline | -28.17% | -14.45% | -13.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.95% | 17.55% | -11.60% |
Volatility
LRCX vs. IGV - Volatility Comparison
Lam Research Corporation (LRCX) has a higher volatility of 21.52% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 12.57%. This indicates that LRCX's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRCX | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.52% | 12.57% | +8.95% |
Volatility (6M)Calculated over the trailing 6-month period | 43.63% | 24.80% | +18.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.78% | 28.06% | +24.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.57% | 27.92% | +18.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.92% | 26.39% | +18.53% |
Dividends
LRCX vs. IGV - Dividend Comparison
LRCX's dividend yield for the trailing twelve months is around 0.28%, while IGV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
LRCX Lam Research Corporation | 0.28% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Frequently Asked Questions
LRCX and IGV have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LRCX has higher volatility (21.52%) compared to IGV (12.57%). In terms of maximum drawdown, LRCX dropped -87.90% vs IGV's -63.45%.
LRCX currently has the higher Sharpe Ratio (5.79 vs -0.55), 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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