LPLA vs SPY

Comparison between LPL Financial Holdings Inc (LPLA, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceLPLA has outperformed SPY, delivering a return of +14.8% compared to +13.3%

LPLA vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LPLA(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$26B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	70.50%	56.47%
Sharpe Ratio	-0.18	2.07
5Y Beta	1.12	1.00
Industry	Capital Markets	N/A
P/E Ratio	27.60	28.24
Forward P/E	12.21	21.85
PEG Ratio	0.43	N/A
Dividend Yield	0.39%	N/A
5Y Dividends CAGR	8.45%	5.43%
5Y EPS CAGR	13.86%	25.79%
Debt to Equity	126.32%	22.35%
Free Cash Flow Yield	-4.14%	N/A
P/S Ratio	1.46	3.55
P/B Ratio	4.53	5.29

Market Cap / Net Assets

LPLA

$26B

Winner

SPY

$652B

Expense Ratio

LPLA

N/A

SPY

0.09%

Max Drawdown

LPLA

70.50%

Winner

SPY

56.47%

Sharpe Ratio

LPLA

-0.18

Winner

SPY

2.07

5Y Beta

LPLA

1.12

Winner

SPY

1.00

Industry

LPLA

Capital Markets

SPY

N/A

P/E Ratio

Winner

LPLA

27.60

SPY

28.24

Forward P/E

Winner

LPLA

12.21

SPY

21.85

PEG Ratio

LPLA

0.43

SPY

N/A

Dividend Yield

LPLA

0.39%

SPY

N/A

5Y Dividends CAGR

Winner

LPLA

8.45%

SPY

5.43%

5Y EPS CAGR

LPLA

13.86%

Winner

SPY

25.79%

Debt to Equity

LPLA

126.32%

Winner

SPY

22.35%

Free Cash Flow Yield

LPLA

-4.14%

SPY

N/A

P/S Ratio

Winner

LPLA

1.46

SPY

3.55

P/B Ratio

Winner

LPLA

4.53

SPY

5.29

LPLA vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	LPLA	SPY
1 month	-2.34%	+9.11%
3 months	-22.74%	+6.59%
6 months	-18.59%	+10.56%
1 year	-10.16%	+32.04%
5 years(CAGR)	+14.79%	+13.35%
10 years(CAGR)	+30.47%	+15.49%
Max(CAGR)	+17.57%	+8.50%

LPLA

-2.34%

Winner

SPY

+9.11%

LPLA

-22.74%

Winner

SPY

+6.59%

LPLA

-18.59%

Winner

SPY

+10.56%

LPLA

-10.16%

Winner

SPY

+32.04%

5Y(CAGR)

Winner

LPLA

+14.79%

SPY

+13.35%

10Y(CAGR)

Winner

LPLA

+30.47%

SPY

+15.49%

Max(CAGR)

Winner

LPLA

+17.57%

SPY

+8.50%

LPLA vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LPLA	SPY
2026	-15.99%	+8.27%
2025	+9.26%	+18.00%
2024	+42.17%	+25.59%
2023	+5.39%	+26.72%
2022	+33.43%	-18.64%
2021	+55.94%	+30.52%
2020	+12.56%	+17.28%
2019	+51.80%	+31.09%
2018	+8.40%	-5.24%
2017	+64.14%	+20.78%
2016	-13.85%	+13.59%
2015	-2.51%	+1.31%
2014	-3.43%	+14.56%
2013	+65.69%	+29.00%
2012	-2.00%	+14.17%
2011	-12.66%	+0.85%
2010	+13.13%	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

LPLA vs SPY Drawdown Comparison

The maximum drawdown for LPLA was -69.32%, occurring on Feb 12, 2016. Recovery took 888 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current LPLA drawdown is -23.73%.

Rank	LPLA	SPY
#1	-69.32% Mar 20, 2014 - Sep 27, 2017	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-60.33% Jan 16, 2020 - Dec 3, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-33.78% May 2, 2011 - Mar 15, 2012	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-33.18% Jun 20, 2024 - Nov 6, 2024	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-32.61% Nov 8, 2022 - Feb 26, 2024	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-30.11% Apr 3, 2012 - May 9, 2013	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-28.62% Jul 30, 2025 - Mar 16, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-26.06% May 22, 2018 - Feb 1, 2019	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-26.02% Feb 19, 2025 - May 13, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-24.69% Feb 9, 2022 - Apr 8, 2022	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-23.36% Apr 19, 2022 - Aug 4, 2022	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-18.87% Jul 24, 2019 - Nov 7, 2019	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-18.45% Apr 30, 2021 - Sep 27, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-14.36% Mar 16, 2018 - May 8, 2018	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-12.71% Feb 19, 2019 - May 3, 2019	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between LPLA and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

LPLA vs SPY dividend yield comparison.

Year	LPLA	SPY
2026	0.10%	0.24%
2025	0.34%	1.07%
2024	0.37%	1.21%
2023	0.53%	1.40%
2022	0.46%	1.65%
2021	0.62%	1.20%
2020	0.96%	1.52%
2019	1.08%	1.75%
2018	1.64%	2.04%
2017	1.75%	1.80%
2016	2.84%	2.03%
2015	2.34%	2.06%
2014	2.15%	1.87%
2013	1.38%	1.81%
2012	7.95%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%