MCHP vs. LPLA
MCHP (Microchip Technology Incorporated) and LPLA (LPL Financial Holdings Inc.) are both stocks. MCHP operates in Semiconductors (Technology), while LPLA operates in Capital Markets (Financial Services). Over the past 10 years, MCHP returned 15.50%/yr vs 29.01%/yr for LPLA. At a 0.37 correlation, their price movements are largely independent.
Performance
MCHP vs. LPLA - Performance Comparison
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Returns By Period
In the year-to-date period, MCHP achieves a 44.96% return, which is significantly higher than LPLA's -20.40% return. Over the past 10 years, MCHP has underperformed LPLA with an annualized return of 15.50%, while LPLA has yielded a comparatively higher 29.01% annualized return.
MCHP
- 1D
- 3.43%
- 1M
- -7.33%
- YTD
- 44.96%
- 6M
- 37.15%
- 1Y
- 43.83%
- 3Y*
- 7.14%
- 5Y*
- 6.01%
- 10Y*
- 15.50%
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%
MCHP vs. LPLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 44.96% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -16.71% | 39.46% |
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 MCHP 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 | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2010 | 0.37 |
Over the past year, the correlation between MCHP and LPLA has dropped to 0.11 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
Fundamentals
MCHP:
$0.43
LPLA:
$11.30
MCHP:
212.69
LPLA:
25.11
MCHP:
3.21
LPLA:
1.06
MCHP:
7.87
LPLA:
1.24
MCHP:
$4.71B
LPLA:
$18.26B
MCHP:
$2.72B
LPLA:
$7.58B
MCHP:
$1.02B
LPLA:
$2.23B
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Return for Risk
MCHP vs. LPLA — Risk / Return Rank
MCHP
LPLA
MCHP vs. LPLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) 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.
| MCHP | LPLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.89 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | -0.81 | +2.09 |
| Martin ratioReturn relative to average drawdown | 3.40 | -1.70 | +5.10 |
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
| MCHP | LPLA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | -0.75 | +1.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.45 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.76 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.47 | -0.04 |
Drawdowns
MCHP vs. LPLA - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum LPLA drawdown of -69.32%. Use the drawdown chart below to compare losses from any high point for MCHP and LPLA.
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Drawdown Indicators
| MCHP | LPLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.77% | -69.32% | +5.55% |
Max Drawdown (1Y)Largest decline over 1 year | -34.41% | -33.12% | -1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -63.77% | -33.18% | -30.59% |
Max Drawdown (5Y)Largest decline over 5 years | -63.77% | -33.18% | -30.59% |
Max Drawdown (10Y)Largest decline over 10 years | -63.77% | -60.34% | -3.43% |
Current DrawdownCurrent decline from peak | -10.78% | -28.63% | +17.85% |
Average DrawdownAverage peak-to-trough decline | -16.71% | -13.91% | -2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.93% | 15.84% | -2.91% |
Volatility
MCHP vs. LPLA - Volatility Comparison
Microchip Technology Incorporated (MCHP) has a higher volatility of 14.52% compared to LPL Financial Holdings Inc. (LPLA) at 10.60%. This indicates that MCHP'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
| MCHP | LPLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.52% | 10.60% | +3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 31.67% | 27.76% | +3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.78% | 36.06% | +7.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.07% | 36.03% | +8.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.86% | 38.12% | +3.74% |
Dividends
MCHP vs. LPLA - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 1.99%, more 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% |
MCHP Microchip Technology Incorporated | 1.99% | 2.86% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.07% |
Financials
MCHP vs. LPLA - Financials Comparison
This section allows you to compare key financial metrics between Microchip Technology Incorporated 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
MCHP vs. LPLA - Profitability Comparison
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microchip Technology Incorporated reported a gross profit of 967.30M and revenue of 1.31B. Therefore, the gross margin over that period was 73.8%.
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%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microchip Technology Incorporated reported an operating income of 211.10M and revenue of 1.31B, resulting in an operating margin of 16.1%.
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%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microchip Technology Incorporated reported a net income of 116.40M and revenue of 1.31B, resulting in a net margin of 8.9%.
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
MCHP 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.
MCHP has higher volatility (14.52%) compared to LPLA (10.60%). In terms of maximum drawdown, MCHP dropped -63.77% vs LPLA's -69.32%.
MCHP currently has the higher Sharpe Ratio (1.01 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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