IBKR vs. PIPR
IBKR (Interactive Brokers Group, Inc.) and PIPR (Piper Sandler Companies) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past 10 years, IBKR returned 25.35%/yr vs 26.34%/yr for PIPR. At a 0.49 correlation, their price movements are largely independent.
Performance
IBKR vs. PIPR - Performance Comparison
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Returns By Period
In the year-to-date period, IBKR achieves a 36.11% return, which is significantly higher than PIPR's -7.48% return. Both investments have delivered pretty close results over the past 10 years, with IBKR having a 25.35% annualized return and PIPR not far ahead at 26.34%.
IBKR
- 1D
- 3.50%
- 1M
- 3.57%
- YTD
- 36.11%
- 6M
- 33.01%
- 1Y
- 65.70%
- 3Y*
- 64.47%
- 5Y*
- 40.65%
- 10Y*
- 25.35%
PIPR
- 1D
- 0.31%
- 1M
- -4.84%
- YTD
- -7.48%
- 6M
- -10.47%
- 1Y
- 19.55%
- 3Y*
- 33.78%
- 5Y*
- 23.01%
- 10Y*
- 26.34%
IBKR vs. PIPR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBKR Interactive Brokers Group, Inc. | 36.11% | 46.37% | 114.43% | 15.14% | -8.35% | 31.12% | 31.71% | -14.01% | -7.13% | 63.75% |
PIPR Piper Sandler Companies | -7.48% | 15.52% | 74.24% | 37.78% | -23.41% | 85.33% | 29.64% | 23.88% | -20.69% | 21.22% |
Correlation
The correlation between IBKR and PIPR is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since May 7, 2007 | 0.49 |
The correlation between IBKR and PIPR has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.
Fundamentals
IBKR:
$39.17B
PIPR:
$5.48B
IBKR:
$3.76
PIPR:
$3.96
IBKR:
23.26
PIPR:
19.43
IBKR:
0.80
PIPR:
1.29
IBKR:
4.49
PIPR:
2.74
IBKR:
1.84
PIPR:
4.08
IBKR:
$8.69B
PIPR:
$2.00B
IBKR:
$7.75B
PIPR:
$1.95B
IBKR:
$7.07B
PIPR:
$455.82M
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Return for Risk
IBKR vs. PIPR — Risk / Return Rank
IBKR
PIPR
IBKR vs. PIPR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Interactive Brokers Group, Inc. (IBKR) and Piper Sandler Companies (PIPR). 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.
| IBKR | PIPR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.13 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 0.80 | +2.73 |
| Martin ratioReturn relative to average drawdown | 8.98 | 1.92 | +7.06 |
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
| IBKR | PIPR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 0.58 | +1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.19 | 0.66 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.72 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.23 | +0.21 |
Drawdowns
IBKR vs. PIPR - Drawdown Comparison
The maximum IBKR drawdown since its inception was -63.66%, smaller than the maximum PIPR drawdown of -76.97%. Use the drawdown chart below to compare losses from any high point for IBKR and PIPR.
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Drawdown Indicators
| IBKR | PIPR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.66% | -76.97% | +13.31% |
Max Drawdown (1Y)Largest decline over 1 year | -18.70% | -24.56% | +5.86% |
Max Drawdown (3Y)Largest decline over 3 years | -38.66% | -38.78% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -38.66% | -42.30% | +3.64% |
Max Drawdown (10Y)Largest decline over 10 years | -55.09% | -63.02% | +7.93% |
Current DrawdownCurrent decline from peak | -1.54% | -16.86% | +15.32% |
Average DrawdownAverage peak-to-trough decline | -24.73% | -30.62% | +5.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.36% | 10.20% | -2.84% |
Volatility
IBKR vs. PIPR - Volatility Comparison
Interactive Brokers Group, Inc. (IBKR) has a higher volatility of 10.34% compared to Piper Sandler Companies (PIPR) at 6.35%. This indicates that IBKR's price experiences larger fluctuations and is considered to be riskier than PIPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBKR | PIPR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.34% | 6.35% | +3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 27.65% | 26.79% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.63% | 34.19% | +3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.47% | 35.24% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.37% | 36.67% | -3.30% |
Dividends
IBKR vs. PIPR - Dividend Comparison
IBKR's dividend yield for the trailing twelve months is around 0.37%, less than PIPR's 2.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBKR Interactive Brokers Group, Inc. | 0.37% | 0.47% | 0.48% | 0.48% | 0.55% | 0.50% | 0.66% | 0.86% | 0.73% | 0.68% | 1.10% | 0.92% |
PIPR Piper Sandler Companies | 2.57% | 1.68% | 1.17% | 2.09% | 5.30% | 3.81% | 1.98% | 1.88% | 4.74% | 1.45% | 0.00% | 0.00% |
Financials
IBKR vs. PIPR - Financials Comparison
This section allows you to compare key financial metrics between Interactive Brokers Group, Inc. and Piper Sandler Companies. 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
Frequently Asked Questions
IBKR and PIPR have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBKR has higher volatility (10.34%) compared to PIPR (6.35%). In terms of maximum drawdown, IBKR dropped -63.66% vs PIPR's -76.97%.
IBKR currently has the higher Sharpe Ratio (1.76 vs 0.58), 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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