VDE vs. LMT
VDE (Vanguard Energy ETF) is Energy Equities fund tracking the MSCI US Investable Market Energy 25/50 Index, while LMT (Lockheed Martin Corporation) is a stock. Over the past 10 years, VDE returned 9.81%/yr vs 11.54%/yr for LMT. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
VDE vs. LMT - Performance Comparison
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Returns By Period
In the year-to-date period, VDE achieves a 35.27% return, which is significantly higher than LMT's 21.88% return. Over the past 10 years, VDE has underperformed LMT with an annualized return of 9.81%, while LMT has yielded a comparatively higher 11.54% annualized return.
VDE
- 1D
- 0.04%
- 1M
- 10.29%
- 6M
- 22.82%
- YTD
- 35.27%
- 1Y
- 41.64%
- 3Y*
- 15.31%
- 5Y*
- 24.05%
- 10Y*
- 9.81%
- ALL TIME*
- 8.35%
LMT
- 1D
- 2.46%
- 1M
- 15.36%
- 6M
- -0.22%
- YTD
- 21.88%
- 1Y
- 42.06%
- 3Y*
- 11.61%
- 5Y*
- 11.85%
- 10Y*
- 11.54%
- ALL TIME*
- 12.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $682.65M | $676.87M | $688.00M | |
| $71.54M | $103.66M | $111.94M |
VDE vs. LMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VDE Vanguard Energy ETF | 35.27% | 7.11% | 6.75% | 0.03% | 62.89% | 56.31% | -33.02% | 9.28% | -19.95% | -2.50% |
LMT Lockheed Martin Corporation | 21.88% | 2.47% | 10.02% | -4.31% | 40.48% | 3.15% | -6.49% | 52.55% | -16.35% | 31.77% |
Correlation
The correlation between VDE and LMT is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2004 | 0.33 |
Over the past year, the correlation between VDE and LMT has dropped to 0.12 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
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Return for Risk
VDE vs. LMT — Risk / Return Rank
VDE
LMT
VDE vs. LMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Energy ETF (VDE) and Lockheed Martin Corporation (LMT). 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.
| VDE | LMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.28 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 1.58 | +1.15 |
| Martin ratioReturn relative to average drawdown | 7.34 | 3.38 | +3.96 |
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Drawdowns
VDE vs. LMT - Drawdown Comparison
The maximum VDE drawdown since its inception was -74.20%, smaller than the maximum LMT drawdown of -79.29%. Use the drawdown chart below to compare losses from any high point for VDE and LMT.
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Drawdown Indicators
| VDE | LMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.20% | -79.29% | +5.09% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -26.87% | +11.83% |
Max Drawdown (3Y)Largest decline over 3 years | -21.41% | -31.79% | +10.38% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -31.79% | +5.21% |
Max Drawdown (10Y)Largest decline over 10 years | -69.29% | -36.67% | -32.62% |
Current DrawdownCurrent decline from peak | -4.29% | -13.34% | +9.05% |
Average DrawdownAverage peak-to-trough decline | -19.90% | -26.82% | +6.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.59% | 12.54% | -6.95% |
Volatility
VDE vs. LMT - Volatility Comparison
The current volatility for Vanguard Energy ETF (VDE) is 5.13%, while Lockheed Martin Corporation (LMT) has a volatility of 12.24%. This indicates that VDE experiences smaller price fluctuations and is considered to be less risky than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDE | LMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 12.24% | -7.11% |
Volatility (6M)Calculated over the trailing 6-month period | 16.34% | 22.08% | -5.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.76% | 27.06% | -6.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.14% | 23.79% | +2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.90% | 24.18% | +5.72% |
Dividends
VDE vs. LMT - Dividend Comparison
VDE's dividend yield for the trailing twelve months is around 2.39%, more than LMT's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation | 2.34% | 2.76% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% |
VDE Vanguard Energy ETF | 2.39% | 3.11% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.42% | 3.35% | 2.90% | 2.31% | 3.17% |
Frequently Asked Questions
VDE and LMT have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LMT has higher volatility (12.24%) compared to VDE (5.13%). In terms of maximum drawdown, VDE dropped -74.20% vs LMT's -79.29%.
VDE currently has the higher Sharpe Ratio (1.98 vs 1.57), 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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