LRCX vs. XLE
LRCX (Lam Research Corporation) is a stock, while XLE (State Street Energy Select Sector SPDR ETF) is Energy Equities fund tracking the Energy Select Sector Index. Over the past 10 years, LRCX returned 48.23%/yr vs 9.91%/yr for XLE. At a 0.30 correlation, their price movements are largely independent.
Performance
LRCX vs. XLE - 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 XLE's 29.56% return. Over the past 10 years, LRCX has outperformed XLE with an annualized return of 48.23%, while XLE has yielded a comparatively lower 9.91% 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%
XLE
- 1D
- 0.75%
- 1M
- -0.14%
- YTD
- 29.56%
- 6M
- 28.37%
- 1Y
- 37.19%
- 3Y*
- 16.18%
- 5Y*
- 20.12%
- 10Y*
- 9.91%
LRCX vs. XLE - 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% |
XLE State Street Energy Select Sector SPDR ETF | 29.56% | 7.88% | 5.56% | -0.63% | 64.32% | 53.28% | -32.67% | 11.74% | -18.22% | -0.89% |
Correlation
The correlation between LRCX and XLE is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998 | 0.30 |
The correlation between LRCX and XLE shifts across timeframes, from -0.14 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LRCX vs. XLE — Risk / Return Rank
LRCX
XLE
LRCX vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lam Research Corporation (LRCX) and State Street Energy Select Sector SPDR ETF (XLE). 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 | XLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.97 | ||
| Sortino ratioReturn per unit of downside risk | +2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.30 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 15.26 | 3.10 | +12.16 |
| Martin ratioReturn relative to average drawdown | 51.20 | 8.63 | +42.56 |
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Drawdowns
LRCX vs. XLE - Drawdown Comparison
The maximum LRCX drawdown since its inception was -87.90%, which is greater than XLE's maximum drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for LRCX and XLE.
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Drawdown Indicators
| LRCX | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.90% | -71.26% | -16.64% |
Max Drawdown (1Y)Largest decline over 1 year | -20.01% | -12.05% | -7.96% |
Max Drawdown (3Y)Largest decline over 3 years | -47.10% | -20.14% | -26.96% |
Max Drawdown (5Y)Largest decline over 5 years | -56.39% | -26.04% | -30.35% |
Max Drawdown (10Y)Largest decline over 10 years | -56.39% | -66.81% | +10.42% |
Current DrawdownCurrent decline from peak | 0.00% | -8.01% | +8.01% |
Average DrawdownAverage peak-to-trough decline | -28.17% | -17.97% | -10.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.95% | 4.32% | +1.63% |
Volatility
LRCX vs. XLE - Volatility Comparison
Lam Research Corporation (LRCX) has a higher volatility of 21.52% compared to State Street Energy Select Sector SPDR ETF (XLE) at 7.26%. This indicates that LRCX's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRCX | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.52% | 7.26% | +14.26% |
Volatility (6M)Calculated over the trailing 6-month period | 43.63% | 16.79% | +26.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.78% | 20.57% | +32.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.57% | 26.05% | +20.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.92% | 29.58% | +15.34% |
Dividends
LRCX vs. XLE - Dividend Comparison
LRCX's dividend yield for the trailing twelve months is around 0.28%, less than XLE's 2.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XLE State Street Energy Select Sector SPDR ETF | 2.59% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
Frequently Asked Questions
LRCX and XLE have a correlation of -0.14, 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 XLE (7.26%). In terms of maximum drawdown, LRCX dropped -87.90% vs XLE's -71.26%.
LRCX currently has the higher Sharpe Ratio (5.79 vs 1.82), 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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