LPX vs. SGOV
LPX (Louisiana-Pacific Corporation) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, LPX returned 8.46%/yr vs 3.63%/yr for SGOV. At a correlation of -0.04, they often move in opposite directions.
Performance
LPX vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, LPX achieves a -7.67% return, which is significantly lower than SGOV's 1.98% return.
LPX
- 1D
- -3.77%
- 1M
- -1.74%
- 6M
- -19.94%
- YTD
- -7.67%
- 1Y
- -15.25%
- 3Y*
- -0.40%
- 5Y*
- 8.46%
- 10Y*
- 15.71%
SGOV
- 1D
- 0.03%
- 1M
- 0.32%
- 6M
- 1.79%
- YTD
- 1.98%
- 1Y
- 3.89%
- 3Y*
- 4.67%
- 5Y*
- 3.63%
- 10Y*
- —
LPX vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LPX Louisiana-Pacific Corporation | -7.67% | -21.05% | 47.93% | 21.55% | -23.38% | 113.30% | 51.40% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.98% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between LPX and SGOV is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.04 |
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Return for Risk
LPX vs. SGOV — Risk / Return Rank
LPX
SGOV
LPX vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Louisiana-Pacific Corporation (LPX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| LPX | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.25 | ||
| Sortino ratioReturn per unit of downside risk | -385.10 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 385.05 | -384.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 393.03 | -393.48 |
| Martin ratioReturn relative to average drawdown | -0.76 | 6,226.73 | -6,227.49 |
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Drawdowns
LPX vs. SGOV - Drawdown Comparison
The maximum LPX drawdown since its inception was -96.41%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for LPX and SGOV.
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Drawdown Indicators
| LPX | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.41% | -0.03% | -96.38% |
Max Drawdown (1Y)Largest decline over 1 year | -33.83% | -0.01% | -33.82% |
Max Drawdown (3Y)Largest decline over 3 years | -43.14% | -0.01% | -43.13% |
Max Drawdown (5Y)Largest decline over 5 years | -43.14% | -0.03% | -43.11% |
Max Drawdown (10Y)Largest decline over 10 years | -59.45% | — | — |
Current DrawdownCurrent decline from peak | -37.24% | 0.00% | -37.24% |
Average DrawdownAverage peak-to-trough decline | -37.85% | -0.00% | -37.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.03% | 0.00% | +20.03% |
Volatility
LPX vs. SGOV - Volatility Comparison
Louisiana-Pacific Corporation (LPX) has a higher volatility of 14.16% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that LPX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPX | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.16% | 0.05% | +14.11% |
Volatility (6M)Calculated over the trailing 6-month period | 31.18% | 0.13% | +31.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.22% | 0.19% | +42.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.02% | 0.24% | +39.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.93% | 0.24% | +40.69% |
Dividends
LPX vs. SGOV - Dividend Comparison
LPX's dividend yield for the trailing twelve months is around 1.57%, less than SGOV's 3.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LPX Louisiana-Pacific Corporation | 1.57% | 1.39% | 1.00% | 1.36% | 1.49% | 0.87% | 1.56% | 1.82% | 2.34% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.80% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% |
Frequently Asked Questions
LPX and SGOV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPX has higher volatility (14.16%) compared to SGOV (0.05%). In terms of maximum drawdown, LPX dropped -96.41% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.89 vs -0.36), 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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