LYV vs. RACE
LYV (Live Nation Entertainment, Inc.) and RACE (Ferrari N.V.) are both stocks. LYV operates in Entertainment (Communication Services), while RACE operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, LYV returned 21.00%/yr vs 24.26%/yr for RACE. At a 0.37 correlation, their price movements are largely independent.
Performance
LYV vs. RACE - Performance Comparison
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Returns By Period
In the year-to-date period, LYV achieves a 15.26% return, which is significantly higher than RACE's -4.64% return. Over the past 10 years, LYV has underperformed RACE with an annualized return of 21.00%, while RACE has yielded a comparatively higher 24.26% annualized return.
LYV
- 1D
- -2.02%
- 1M
- 4.23%
- YTD
- 15.26%
- 6M
- 20.76%
- 1Y
- 20.21%
- 3Y*
- 25.63%
- 5Y*
- 12.98%
- 10Y*
- 21.00%
RACE
- 1D
- -2.66%
- 1M
- 1.62%
- YTD
- -4.64%
- 6M
- -10.52%
- 1Y
- -25.93%
- 3Y*
- 6.45%
- 5Y*
- 10.99%
- 10Y*
- 24.26%
LYV vs. RACE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYV Live Nation Entertainment, Inc. | 15.26% | 10.04% | 38.35% | 34.21% | -41.73% | 62.89% | 2.81% | 45.12% | 15.69% | 60.04% |
RACE Ferrari N.V. | -4.64% | -11.65% | 26.34% | 59.12% | -16.68% | 13.32% | 39.71% | 67.87% | -4.47% | 81.95% |
Correlation
The correlation between LYV and RACE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2015 | 0.37 |
Fundamentals
LYV:
$38.17B
RACE:
$61.07B
LYV:
$0.36
RACE:
$8.98
LYV:
459.87
RACE:
38.34
LYV:
5.87
RACE:
1.98
LYV:
1.50
RACE:
8.51
LYV:
$25.61B
RACE:
$7.21B
LYV:
$10.31B
RACE:
$3.72B
LYV:
$1.55B
RACE:
$3.18B
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Return for Risk
LYV vs. RACE — Risk / Return Rank
LYV
RACE
LYV vs. RACE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Live Nation Entertainment, Inc. (LYV) and Ferrari N.V. (RACE). 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.
| LYV | RACE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.88 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | -0.66 | +1.39 |
| Martin ratioReturn relative to average drawdown | 1.70 | -1.06 | +2.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LYV | RACE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | -0.75 | +1.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.38 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.83 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.66 | -0.35 |
Drawdowns
LYV vs. RACE - Drawdown Comparison
The maximum LYV drawdown since its inception was -89.94%, which is greater than RACE's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for LYV and RACE.
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Drawdown Indicators
| LYV | RACE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.94% | -43.61% | -46.33% |
Max Drawdown (1Y)Largest decline over 1 year | -27.84% | -39.22% | +11.38% |
Max Drawdown (3Y)Largest decline over 3 years | -27.84% | -39.22% | +11.38% |
Max Drawdown (5Y)Largest decline over 5 years | -48.16% | -39.22% | -8.94% |
Max Drawdown (10Y)Largest decline over 10 years | -61.23% | -39.22% | -22.01% |
Current DrawdownCurrent decline from peak | -5.64% | -31.92% | +26.28% |
Average DrawdownAverage peak-to-trough decline | -27.00% | -10.97% | -16.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.91% | 24.52% | -12.61% |
Volatility
LYV vs. RACE - Volatility Comparison
The current volatility for Live Nation Entertainment, Inc. (LYV) is 8.65%, while Ferrari N.V. (RACE) has a volatility of 11.94%. This indicates that LYV experiences smaller price fluctuations and is considered to be less risky than RACE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYV | RACE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.65% | 11.94% | -3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 23.40% | 23.86% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.89% | 34.63% | -3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.16% | 29.41% | +5.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.32% | 29.50% | +8.82% |
Dividends
LYV vs. RACE - Dividend Comparison
LYV has not paid dividends to shareholders, while RACE's dividend yield for the trailing twelve months is around 2.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
LYV Live Nation Entertainment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RACE Ferrari N.V. | 2.47% | 1.85% | 0.61% | 0.59% | 0.69% | 0.40% | 0.54% | 0.70% | 0.88% | 0.61% | 0.79% |
Financials
LYV vs. RACE - Financials Comparison
This section allows you to compare key financial metrics between Live Nation Entertainment, Inc. and Ferrari N.V.. 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
LYV vs. RACE - Profitability Comparison
LYV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Live Nation Entertainment, Inc. reported a gross profit of 0.00 and revenue of 3.79B. Therefore, the gross margin over that period was 0.0%.
RACE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ferrari N.V. reported a gross profit of 961.64M and revenue of 1.86B. Therefore, the gross margin over that period was 51.8%.
LYV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Live Nation Entertainment, Inc. reported an operating income of -370.52M and revenue of 3.79B, resulting in an operating margin of -9.8%.
RACE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ferrari N.V. reported an operating income of 554.10M and revenue of 1.86B, resulting in an operating margin of 29.9%.
LYV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Live Nation Entertainment, Inc. reported a net income of -389.10M and revenue of 3.79B, resulting in a net margin of -10.3%.
RACE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ferrari N.V. reported a net income of 414.57M and revenue of 1.86B, resulting in a net margin of 22.4%.
Frequently Asked Questions
LYV and RACE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RACE has higher volatility (11.94%) compared to LYV (8.65%). In terms of maximum drawdown, LYV dropped -89.94% vs RACE's -43.61%.
LYV currently has the higher Sharpe Ratio (0.66 vs -0.75), 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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