LRCX vs. LPLA
LRCX (Lam Research Corporation) and LPLA (LPL Financial Holdings Inc.) are both stocks. LRCX operates in Semiconductor Equipment & Materials (Technology), while LPLA operates in Capital Markets (Financial Services). Over the past 10 years, LRCX returned 46.35%/yr vs 29.01%/yr for LPLA. At a 0.35 correlation, their price movements are largely independent.
Performance
LRCX vs. LPLA - Performance Comparison
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Returns By Period
In the year-to-date period, LRCX achieves a 89.76% return, which is significantly higher than LPLA's -20.40% return. Over the past 10 years, LRCX has outperformed LPLA with an annualized return of 46.35%, while LPLA has yielded a comparatively lower 29.01% annualized return.
LRCX
- 1D
- 6.98%
- 1M
- 10.34%
- YTD
- 89.76%
- 6M
- 99.61%
- 1Y
- 278.49%
- 3Y*
- 76.58%
- 5Y*
- 40.10%
- 10Y*
- 46.35%
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%
LRCX vs. LPLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LRCX Lam Research Corporation | 89.76% | 139.16% | -6.84% | 88.63% | -40.72% | 53.66% | 64.18% | 119.33% | -24.40% | 76.21% |
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% |
Correlation
The correlation between LRCX and LPLA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2010 | 0.35 |
Over the past year, the correlation between LRCX and LPLA has dropped to 0.11 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Fundamentals
LRCX:
$409.71B
LPLA:
$22.82B
LRCX:
$5.29
LPLA:
$11.30
LRCX:
61.36
LPLA:
25.11
LRCX:
4.64
LPLA:
1.06
LRCX:
18.98
LPLA:
1.24
LRCX:
38.71
LPLA:
4.01
LRCX:
$21.68B
LPLA:
$18.26B
LRCX:
$10.84B
LPLA:
$7.58B
LRCX:
$6.10B
LPLA:
$2.23B
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Return for Risk
LRCX vs. LPLA — Risk / Return Rank
LRCX
LPLA
LRCX vs. LPLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lam Research Corporation (LRCX) and LPL Financial Holdings Inc. (LPLA). 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.
| LRCX | LPLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.20 | ||
| Sortino ratioReturn per unit of downside risk | +5.42 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 0.89 | +0.71 |
| Calmar ratioReturn relative to maximum drawdown | 14.02 | -0.81 | +14.83 |
| Martin ratioReturn relative to average drawdown | 47.19 | -1.70 | +48.88 |
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
| LRCX | LPLA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.46 | -0.75 | +6.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.45 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | 0.76 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.47 | -0.04 |
Drawdowns
LRCX vs. LPLA - Drawdown Comparison
The maximum LRCX drawdown since its inception was -87.90%, which is greater than LPLA's maximum drawdown of -69.32%. Use the drawdown chart below to compare losses from any high point for LRCX and LPLA.
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Drawdown Indicators
| LRCX | LPLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.90% | -69.32% | -18.58% |
Max Drawdown (1Y)Largest decline over 1 year | -20.01% | -33.12% | +13.11% |
Max Drawdown (3Y)Largest decline over 3 years | -47.10% | -33.18% | -13.92% |
Max Drawdown (5Y)Largest decline over 5 years | -56.39% | -33.18% | -23.21% |
Max Drawdown (10Y)Largest decline over 10 years | -56.39% | -60.34% | +3.95% |
Current DrawdownCurrent decline from peak | -5.60% | -28.63% | +23.03% |
Average DrawdownAverage peak-to-trough decline | -28.18% | -13.91% | -14.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 15.84% | -9.91% |
Volatility
LRCX vs. LPLA - Volatility Comparison
Lam Research Corporation (LRCX) has a higher volatility of 18.51% compared to LPL Financial Holdings Inc. (LPLA) at 10.60%. This indicates that LRCX's price experiences larger fluctuations and is considered to be riskier than LPLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRCX | LPLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.51% | 10.60% | +7.91% |
Volatility (6M)Calculated over the trailing 6-month period | 42.13% | 27.76% | +14.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.52% | 36.06% | +15.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.25% | 36.03% | +10.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.76% | 38.12% | +6.64% |
Dividends
LRCX vs. LPLA - Dividend Comparison
LRCX's dividend yield for the trailing twelve months is around 0.31%, less than LPLA's 0.42% 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% |
LRCX Lam Research Corporation | 0.31% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Financials
LRCX vs. LPLA - Financials Comparison
This section allows you to compare key financial metrics between Lam Research Corporation and LPL Financial Holdings Inc.. 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
LRCX vs. LPLA - Profitability Comparison
LRCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a gross profit of 2.91B and revenue of 5.84B. Therefore, the gross margin over that period was 49.8%.
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%.
LRCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported an operating income of 2.05B and revenue of 5.84B, resulting in an operating margin of 35.0%.
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%.
LRCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a net income of 1.83B and revenue of 5.84B, resulting in a net margin of 31.3%.
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%.
Frequently Asked Questions
LRCX and LPLA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LRCX has higher volatility (18.51%) compared to LPLA (10.60%). In terms of maximum drawdown, LRCX dropped -87.90% vs LPLA's -69.32%.
LRCX currently has the higher Sharpe Ratio (5.46 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.
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