PIPR vs. HOOD
PIPR (Piper Sandler Companies) and HOOD (Robinhood Markets, Inc.) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past 3 years, PIPR returned 34.90%/yr vs 113.32%/yr for HOOD. At a 0.44 correlation, their price movements are largely independent.
Performance
PIPR vs. HOOD - Performance Comparison
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Returns By Period
In the year-to-date period, PIPR achieves a -4.90% return, which is significantly higher than HOOD's -17.60% return.
PIPR
- 1D
- 1.45%
- 1M
- 0.58%
- YTD
- -4.90%
- 6M
- -9.30%
- 1Y
- 28.81%
- 3Y*
- 34.90%
- 5Y*
- 23.04%
- 10Y*
- 26.97%
HOOD
- 1D
- 1.04%
- 1M
- 20.81%
- YTD
- -17.60%
- 6M
- -22.02%
- 1Y
- 28.36%
- 3Y*
- 113.32%
- 5Y*
- —
- 10Y*
- —
PIPR vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PIPR Piper Sandler Companies | -4.90% | 15.52% | 74.24% | 37.78% | -23.41% | 50.56% |
HOOD Robinhood Markets, Inc. | -17.60% | 203.54% | 192.46% | 56.51% | -54.17% | -53.26% |
Correlation
The correlation between PIPR and HOOD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2021 | 0.44 |
Fundamentals
PIPR:
$5.63B
HOOD:
$85.27B
PIPR:
$3.96
HOOD:
$2.07
PIPR:
19.97
HOOD:
45.04
PIPR:
1.32
HOOD:
0.00
PIPR:
2.81
HOOD:
21.83
PIPR:
4.20
HOOD:
8.80
PIPR:
$2.00B
HOOD:
$3.91B
PIPR:
$1.95B
HOOD:
$2.86B
PIPR:
$455.82M
HOOD:
$1.80B
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Return for Risk
PIPR vs. HOOD — Risk / Return Rank
PIPR
HOOD
PIPR vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Piper Sandler Companies (PIPR) and Robinhood Markets, Inc. (HOOD). 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.
| PIPR | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.12 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 0.46 | +0.59 |
| Martin ratioReturn relative to average drawdown | 2.47 | 0.83 | +1.64 |
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Drawdowns
PIPR vs. HOOD - Drawdown Comparison
The maximum PIPR drawdown since its inception was -76.97%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for PIPR and HOOD.
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Drawdown Indicators
| PIPR | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.97% | -90.21% | +13.24% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -57.26% | +32.70% |
Max Drawdown (3Y)Largest decline over 3 years | -38.78% | -57.26% | +18.48% |
Max Drawdown (5Y)Largest decline over 5 years | -42.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -63.02% | — | — |
Current DrawdownCurrent decline from peak | -14.55% | -38.88% | +24.33% |
Average DrawdownAverage peak-to-trough decline | -30.60% | -60.85% | +30.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.38% | 31.69% | -21.31% |
Volatility
PIPR vs. HOOD - Volatility Comparison
The current volatility for Piper Sandler Companies (PIPR) is 8.01%, while Robinhood Markets, Inc. (HOOD) has a volatility of 23.07%. This indicates that PIPR experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIPR | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.01% | 23.07% | -15.06% |
Volatility (6M)Calculated over the trailing 6-month period | 26.83% | 50.85% | -24.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.44% | 69.33% | -34.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.28% | 74.06% | -38.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.67% | 74.06% | -37.39% |
Dividends
PIPR vs. HOOD - Dividend Comparison
PIPR's dividend yield for the trailing twelve months is around 2.50%, while HOOD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PIPR Piper Sandler Companies | 2.50% | 1.68% | 1.17% | 2.09% | 5.30% | 3.81% | 1.98% | 1.88% | 4.74% | 1.45% |
Financials
PIPR vs. HOOD - Financials Comparison
This section allows you to compare key financial metrics between Piper Sandler Companies and Robinhood Markets, 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
PIPR vs. HOOD - Profitability Comparison
PIPR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Piper Sandler Companies reported a gross profit of 456.39M and revenue of 475.15M. Therefore, the gross margin over that period was 96.1%.
HOOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a gross profit of 0.00 and revenue of 359.00M. Therefore, the gross margin over that period was 0.0%.
PIPR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Piper Sandler Companies reported an operating income of 88.67M and revenue of 475.15M, resulting in an operating margin of 18.7%.
HOOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported an operating income of 0.00 and revenue of 359.00M, resulting in an operating margin of 0.0%.
PIPR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Piper Sandler Companies reported a net income of 65.24M and revenue of 475.15M, resulting in a net margin of 13.7%.
HOOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a net income of 346.00M and revenue of 359.00M, resulting in a net margin of 96.4%.
Frequently Asked Questions
PIPR and HOOD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOD has higher volatility (23.07%) compared to PIPR (8.01%). In terms of maximum drawdown, PIPR dropped -76.97% vs HOOD's -90.21%.
PIPR currently has the higher Sharpe Ratio (0.75 vs 0.38), 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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