LPLA vs. PG
LPLA (LPL Financial Holdings Inc.) and PG (The Procter & Gamble Company) are both stocks. LPLA operates in Capital Markets (Financial Services), while PG operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, LPLA returned 29.01%/yr vs 8.64%/yr for PG. At a 0.13 correlation, their price movements are largely independent.
Performance
LPLA vs. PG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LPLA achieves a -20.40% return, which is significantly lower than PG's 2.74% return. Over the past 10 years, LPLA has outperformed PG with an annualized return of 29.01%, while PG has yielded a comparatively lower 8.64% annualized return.
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%
PG
- 1D
- -0.98%
- 1M
- -0.90%
- YTD
- 2.74%
- 6M
- 6.43%
- 1Y
- -8.99%
- 3Y*
- 2.29%
- 5Y*
- 4.10%
- 10Y*
- 8.64%
LPLA vs. PG - 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% |
PG The Procter & Gamble Company | 2.74% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between LPLA and PG is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2010 | 0.13 |
The correlation between LPLA and PG shifts across timeframes, from -0.09 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LPLA:
$22.82B
PG:
$350.63B
LPLA:
$11.30
PG:
$5.23
LPLA:
25.11
PG:
27.76
LPLA:
1.06
PG:
6.79
LPLA:
1.24
PG:
4.07
LPLA:
4.01
PG:
6.50
LPLA:
$18.26B
PG:
$86.72B
LPLA:
$7.58B
PG:
$43.64B
LPLA:
$2.23B
PG:
$22.63B
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
LPLA vs. PG — Risk / Return Rank
LPLA
PG
LPLA vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LPL Financial Holdings Inc. (LPLA) and The Procter & Gamble Company (PG). 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 | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.94 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | -0.58 | -0.23 |
| Martin ratioReturn relative to average drawdown | -1.70 | -1.04 | -0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LPLA | PG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | -0.48 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.23 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.46 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.46 | +0.01 |
Drawdowns
LPLA vs. PG - Drawdown Comparison
The maximum LPLA drawdown since its inception was -69.32%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for LPLA and PG.
Loading charts...
Drawdown Indicators
| LPLA | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.32% | -54.25% | -15.07% |
Max Drawdown (1Y)Largest decline over 1 year | -33.12% | -15.52% | -17.60% |
Max Drawdown (3Y)Largest decline over 3 years | -33.18% | -21.15% | -12.03% |
Max Drawdown (5Y)Largest decline over 5 years | -33.18% | -23.77% | -9.41% |
Max Drawdown (10Y)Largest decline over 10 years | -60.34% | -23.77% | -36.57% |
Current DrawdownCurrent decline from peak | -28.63% | -15.91% | -12.72% |
Average DrawdownAverage peak-to-trough decline | -13.91% | -12.16% | -1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.84% | 8.93% | +6.91% |
Volatility
LPLA vs. PG - Volatility Comparison
LPL Financial Holdings Inc. (LPLA) has a higher volatility of 10.60% compared to The Procter & Gamble Company (PG) at 7.01%. This indicates that LPLA's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LPLA | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.60% | 7.01% | +3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 27.76% | 15.32% | +12.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.06% | 18.65% | +17.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.03% | 17.79% | +18.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.12% | 19.05% | +19.07% |
Dividends
LPLA vs. PG - Dividend Comparison
LPLA's dividend yield for the trailing twelve months is around 0.42%, less than PG's 2.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PG The Procter & Gamble Company | 2.94% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
LPLA vs. PG - Financials Comparison
This section allows you to compare key financial metrics between LPL Financial Holdings Inc. and The Procter & Gamble Company. 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
LPLA vs. PG - Profitability Comparison
LPLA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LPL Financial Holdings Inc. reported a gross profit of 4.52B and revenue of 4.94B. Therefore, the gross margin over that period was 91.5%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
LPLA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LPL Financial Holdings Inc. reported an operating income of 0.00 and revenue of 4.94B, resulting in an operating margin of 0.0%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
LPLA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LPL Financial Holdings Inc. reported a net income of 356.40M and revenue of 4.94B, resulting in a net margin of 7.2%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
LPLA and PG have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPLA has higher volatility (10.60%) compared to PG (7.01%). In terms of maximum drawdown, LPLA dropped -69.32% vs PG's -54.25%.
PG currently has the higher Sharpe Ratio (-0.48 vs -0.75), 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 LPLA and PG
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