LECO vs SPY
Comparison between Lincoln Electric Holdings Inc (LECO, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceLECO has outperformed SPY, delivering a return of +16.9% compared to +13.3%
LECO vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
LECO vs SPY - Historical Returns
Returns include dividend reinvestment.
LECO vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | LECO | SPY |
|---|---|---|
| 2026 | +11.57% | +8.27% |
| 2025 | +31.52% | +18.00% |
| 2024 | -11.03% | +25.59% |
| 2023 | +50.82% | +26.72% |
| 2022 | +5.71% | -18.64% |
| 2021 | +24.59% | +30.52% |
| 2020 | +21.14% | +17.28% |
| 2019 | +26.29% | +31.09% |
| 2018 | -12.79% | -5.24% |
| 2017 | +19.43% | +20.78% |
| 2016 | +50.70% | +13.59% |
| 2015 | -23.22% | +1.31% |
| 2014 | -0.43% | +14.56% |
| 2013 | +44.86% | +29.00% |
| 2012 | +25.33% | +14.17% |
| 2011 | +19.41% | +0.85% |
| 2010 | +23.76% | +13.14% |
| 2009 | +2.59% | +22.67% |
| 2008 | -25.22% | -36.25% |
| 2007 | +16.90% | +5.32% |
| 2006 | +50.82% | +13.85% |
| 2005 | +16.79% | +5.32% |
| 2004 | +40.71% | +10.75% |
| 2003 | +6.16% | +24.18% |
| 2002 | +0.85% | -22.42% |
| 2001 | +31.97% | -10.13% |
| 2000 | +1.33% | -8.84% |
| 1999 | -3.96% | +8.61% |
LECO vs SPY Drawdown Comparison
The maximum drawdown for LECO was -68.89%, occurring on Mar 9, 2009. Recovery took 892 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current LECO drawdown is -9.00%.
| Rank | LECO | SPY |
|---|---|---|
| #1 | -68.89% Jun 23, 2008 - Jan 5, 2012 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -46.52% Apr 16, 2002 - Apr 8, 2004 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -45.99% Mar 31, 2000 - May 18, 2001 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -38.89% Jan 2, 2020 - Aug 11, 2020 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -36.55% Nov 21, 2014 - Nov 10, 2016 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -34.29% Mar 27, 2024 - Jan 9, 2026 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -31.14% Oct 24, 2007 - May 22, 2008 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -26.26% Jan 22, 2018 - Dec 18, 2019 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -23.14% May 2, 2012 - Jan 2, 2013 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -21.42% Jul 20, 2023 - Dec 13, 2023 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -20.32% May 24, 2001 - Feb 8, 2002 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -20.10% Feb 6, 2026 - Apr 6, 2026 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -18.40% Nov 30, 2004 - Jul 20, 2005 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -17.55% Mar 4, 2014 - Nov 21, 2014 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -17.07% Nov 19, 2021 - Aug 11, 2022 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between LECO and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
LECO vs SPY dividend yield comparison.
| Year | LECO | SPY |
|---|---|---|
| 2026 | 0.29% | 0.24% |
| 2025 | 1.27% | 1.07% |
| 2024 | 1.54% | 1.21% |
| 2023 | 1.21% | 1.40% |
| 2022 | 1.61% | 1.65% |
| 2021 | 1.50% | 1.20% |
| 2020 | 1.70% | 1.52% |
| 2019 | 1.96% | 1.75% |
| 2018 | 2.08% | 2.04% |
| 2017 | 1.57% | 1.80% |
| 2016 | 1.71% | 2.03% |
| 2015 | 2.29% | 2.06% |
| 2014 | 1.42% | 1.87% |
| 2013 | 1.16% | 1.81% |
| 2012 | 1.46% | 2.18% |
| 2011 | 1.62% | 2.05% |
| 2010 | 1.76% | 1.80% |
| 2009 | 2.04% | 1.95% |
| 2008 | 2.00% | 3.02% |
| 2007 | 1.28% | 1.85% |
| 2006 | 1.31% | 1.73% |
| 2005 | 1.84% | 1.73% |
| 2004 | 2.00% | 1.82% |
| 2003 | 2.59% | 1.47% |
| 2002 | 2.63% | 1.70% |
| 2001 | 2.45% | 1.25% |
| 2000 | 2.90% | 1.15% |
| 1999 | 0.68% | 0.24% |
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