LPLA vs. DFS
LPLA (LPL Financial Holdings Inc.) and DFS (Discover Financial Services) are both stocks. Both are in the Financial Services sector — LPLA in Capital Markets, DFS in Credit Services. At a 0.48 correlation, their price movements are largely independent.
Performance
LPLA vs. DFS - Performance Comparison
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Returns By Period
LPLA
- 1D
- -1.65%
- 1M
- -6.42%
- YTD
- -20.40%
- 6M
- -22.85%
- 1Y
- -26.79%
- 3Y*
- 12.01%
- 5Y*
- 15.99%
- 10Y*
- 29.01%
DFS
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LPLA vs. DFS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPLA LPL Financial Holdings Inc. | -20.40% | 9.76% | 44.12% | 5.88% | 35.69% | 54.63% | 14.58% | 52.95% | 8.53% | 66.03% |
DFS Discover Financial Services | 0.00% | 15.88% | 57.32% | 18.20% | -13.55% | 29.78% | 10.13% | 46.94% | -21.80% | 8.92% |
Correlation
The correlation between LPLA and DFS is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2010 | 0.48 |
The correlation between LPLA and DFS shifts across timeframes, from 0.26 (3 years) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
LPLA:
$18.26B
DFS:
$10.25B
LPLA:
$7.58B
DFS:
$7.81B
LPLA:
$2.23B
DFS:
$4.40B
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Return for Risk
LPLA vs. DFS — Risk / Return Rank
LPLA
DFS
LPLA vs. DFS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LPL Financial Holdings Inc. (LPLA) and Discover Financial Services (DFS). 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.
| LPLA | DFS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.89 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | — | — |
| Martin ratioReturn relative to average drawdown | -1.70 | — | — |
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
| LPLA | DFS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | — | — |
Drawdowns
LPLA vs. DFS - Drawdown Comparison
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Drawdown Indicators
| LPLA | DFS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.32% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -33.12% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -33.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.18% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -60.34% | — | — |
Current DrawdownCurrent decline from peak | -28.63% | — | — |
Average DrawdownAverage peak-to-trough decline | -13.91% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.84% | — | — |
Volatility
LPLA vs. DFS - Volatility Comparison
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Volatility by Period
| LPLA | DFS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.60% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 27.76% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 36.06% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.03% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.12% | — | — |
Dividends
LPLA vs. DFS - Dividend Comparison
LPLA's dividend yield for the trailing twelve months is around 0.42%, while DFS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFS Discover Financial Services | 0.00% | 0.35% | 1.62% | 2.40% | 2.35% | 1.63% | 1.94% | 1.98% | 2.54% | 1.69% | 1.61% | 2.01% |
LPLA LPL Financial Holdings Inc. | 0.42% | 0.34% | 0.37% | 0.53% | 0.46% | 0.62% | 0.96% | 1.08% | 1.64% | 1.75% | 2.84% | 2.34% |
Financials
LPLA vs. DFS - Financials Comparison
This section allows you to compare key financial metrics between LPL Financial Holdings Inc. and Discover Financial Services. 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
LPLA and DFS have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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