LPLA vs. ITOT
LPLA (LPL Financial Holdings Inc.) is a stock, while ITOT (iShares Core S&P Total U.S. Stock Market ETF) is Large Cap Blend Equities fund tracking the S&P Total Market Index. Over the past 10 years, LPLA returned 31.54%/yr vs 14.63%/yr for ITOT. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
LPLA vs. ITOT - Performance Comparison
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Returns By Period
In the year-to-date period, LPLA achieves a -7.20% return, which is significantly lower than ITOT's 11.25% return. Over the past 10 years, LPLA has outperformed ITOT with an annualized return of 31.54%, while ITOT has yielded a comparatively lower 14.63% annualized return.
LPLA
- 1D
- 0.50%
- 1M
- 9.06%
- 6M
- -12.05%
- YTD
- -7.20%
- 1Y
- -9.86%
- 3Y*
- 14.05%
- 5Y*
- 20.69%
- 10Y*
- 31.54%
ITOT
- 1D
- -0.50%
- 1M
- 0.35%
- 6M
- 9.08%
- YTD
- 11.25%
- 1Y
- 21.93%
- 3Y*
- 19.69%
- 5Y*
- 12.32%
- 10Y*
- 14.63%
LPLA vs. ITOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPLA LPL Financial Holdings Inc. | -7.20% | 9.76% | 44.12% | 5.88% | 35.69% | 54.63% | 14.58% | 52.95% | 8.53% | 66.03% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 11.25% | 17.00% | 23.80% | 26.12% | -19.47% | 25.68% | 20.71% | 30.67% | -5.33% | 21.37% |
Correlation
The correlation between LPLA and ITOT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2010 | 0.53 |
Over the past year, the correlation between LPLA and ITOT has dropped to 0.32 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
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Return for Risk
LPLA vs. ITOT — Risk / Return Rank
LPLA
ITOT
LPLA vs. ITOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LPL Financial Holdings Inc. (LPLA) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.
| LPLA | ITOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.98 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.31 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | 2.48 | -2.77 |
| Martin ratioReturn relative to average drawdown | -0.56 | 10.79 | -11.35 |
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Drawdowns
LPLA vs. ITOT - Drawdown Comparison
The maximum LPLA drawdown since its inception was -69.32%, which is greater than ITOT's maximum drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for LPLA and ITOT.
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Drawdown Indicators
| LPLA | ITOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.32% | -55.20% | -14.12% |
Max Drawdown (1Y)Largest decline over 1 year | -33.12% | -8.90% | -24.22% |
Max Drawdown (3Y)Largest decline over 3 years | -33.18% | -19.44% | -13.74% |
Max Drawdown (5Y)Largest decline over 5 years | -33.18% | -25.36% | -7.82% |
Max Drawdown (10Y)Largest decline over 10 years | -60.34% | -35.00% | -25.34% |
Current DrawdownCurrent decline from peak | -16.80% | -0.73% | -16.07% |
Average DrawdownAverage peak-to-trough decline | -13.98% | -6.94% | -7.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.74% | 2.04% | +15.70% |
Volatility
LPLA vs. ITOT - Volatility Comparison
LPL Financial Holdings Inc. (LPLA) has a higher volatility of 11.44% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 3.31%. This indicates that LPLA's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPLA | ITOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.44% | 3.31% | +8.13% |
Volatility (6M)Calculated over the trailing 6-month period | 28.86% | 10.15% | +18.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.16% | 12.85% | +24.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.11% | 17.46% | +18.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.88% | 18.24% | +19.64% |
Dividends
LPLA vs. ITOT - Dividend Comparison
LPLA's dividend yield for the trailing twelve months is around 0.36%, less than ITOT's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.00% | 1.11% | 1.23% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% |
LPLA LPL Financial Holdings Inc. | 0.36% | 0.34% | 0.37% | 0.53% | 0.46% | 0.62% | 0.96% | 1.08% | 1.64% | 1.75% | 2.84% | 2.34% |
Frequently Asked Questions
LPLA and ITOT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPLA has higher volatility (11.44%) compared to ITOT (3.31%). In terms of maximum drawdown, LPLA dropped -69.32% vs ITOT's -55.20%.
ITOT currently has the higher Sharpe Ratio (1.71 vs -0.27), 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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