BL vs. LDI
BL (BlackLine, Inc.) and LDI (loanDepot, Inc.) are both stocks. BL operates in Software - Infrastructure (Technology), while LDI operates in Mortgage Finance (Financial Services). Over the past 5 years, BL returned -22.99%/yr vs -38.88%/yr for LDI. At a 0.32 correlation, their price movements are largely independent.
Performance
BL vs. LDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BL achieves a -48.04% return, which is significantly lower than LDI's -45.41% return.
BL
- 1D
- 2.86%
- 1M
- 13.87%
- YTD
- -48.04%
- 6M
- -51.03%
- 1Y
- -48.48%
- 3Y*
- -19.03%
- 5Y*
- -22.99%
- 10Y*
- —
LDI
- 1D
- -2.59%
- 1M
- -6.61%
- YTD
- -45.41%
- 6M
- -56.54%
- 1Y
- -21.53%
- 3Y*
- -18.92%
- 5Y*
- -38.88%
- 10Y*
- —
BL vs. LDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BL BlackLine, Inc. | -48.04% | -9.00% | -2.69% | -7.18% | -35.03% | -30.04% |
LDI loanDepot, Inc. | -45.41% | 1.47% | -42.05% | 113.33% | -64.95% | -63.41% |
Correlation
The correlation between BL and LDI is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2021 | 0.32 |
Fundamentals
BL:
$2.01B
LDI:
$258.73M
BL:
$0.39
LDI:
-$0.36
BL:
2.70
LDI:
0.18
BL:
6.56
LDI:
0.77
BL:
$716.65M
LDI:
$1.34B
BL:
$539.92M
LDI:
$841.99M
BL:
$87.84M
LDI:
-$34.48M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BL vs. LDI — Risk / Return Rank
BL
LDI
BL vs. LDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackLine, Inc. (BL) and loanDepot, Inc. (LDI). 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.
| BL | LDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.03 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.28 | -0.57 |
| Martin ratioReturn relative to average drawdown | -1.81 | -0.46 | -1.35 |
Loading charts...
Drawdowns
BL vs. LDI - Drawdown Comparison
The maximum BL drawdown since its inception was -83.22%, smaller than the maximum LDI drawdown of -96.47%. Use the drawdown chart below to compare losses from any high point for BL and LDI.
Loading charts...
Drawdown Indicators
| BL | LDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.22% | -96.47% | +13.25% |
Max Drawdown (1Y)Largest decline over 1 year | -57.11% | -75.88% | +18.77% |
Max Drawdown (3Y)Largest decline over 3 years | -63.25% | -75.88% | +12.63% |
Max Drawdown (5Y)Largest decline over 5 years | -80.80% | -92.39% | +11.59% |
Current DrawdownCurrent decline from peak | -80.89% | -96.09% | +15.20% |
Average DrawdownAverage peak-to-trough decline | -35.17% | -87.16% | +51.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.79% | 46.74% | -19.95% |
Volatility
BL vs. LDI - Volatility Comparison
BlackLine, Inc. (BL) and loanDepot, Inc. (LDI) have volatilities of 19.95% and 20.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BL | LDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.95% | 20.36% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 41.65% | 51.17% | -9.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.61% | 92.89% | -46.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.70% | 77.04% | -32.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.85% | 83.65% | -38.80% |
Dividends
BL vs. LDI - Dividend Comparison
Neither BL nor LDI has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BL BlackLine, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDI loanDepot, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 4.85% | 17.75% |
Financials
BL vs. LDI - Financials Comparison
This section allows you to compare key financial metrics between BlackLine, Inc. and loanDepot, Inc.. 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
BL vs. LDI - Profitability Comparison
BL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported a gross profit of 139.15M and revenue of 183.16M. Therefore, the gross margin over that period was 76.0%.
LDI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, loanDepot, Inc. reported a gross profit of 0.00 and revenue of 286.39M. Therefore, the gross margin over that period was 0.0%.
BL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported an operating income of 6.24M and revenue of 183.16M, resulting in an operating margin of 3.4%.
LDI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, loanDepot, Inc. reported an operating income of 0.00 and revenue of 286.39M, resulting in an operating margin of 0.0%.
BL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported a net income of 8.13M and revenue of 183.16M, resulting in a net margin of 4.4%.
LDI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, loanDepot, Inc. reported a net income of -37.49M and revenue of 286.39M, resulting in a net margin of -13.1%.
Frequently Asked Questions
BL and LDI have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LDI has higher volatility (20.36%) compared to BL (19.95%). In terms of maximum drawdown, BL dropped -83.22% vs LDI's -96.47%.
LDI currently has the higher Sharpe Ratio (-0.23 vs -1.04), 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.
Find the right allocation for BL and LDI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer