AMP vs LPLA: Correlation
Ameriprise Financial (AMP) and LPL Financial Holdings Inc. (LPLA) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMP and LPLA?
Across a 3-year window, the weekly returns of AMP and LPLA correlate at 0.65, strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.65 over 3. Stretching to 5 years gives 0.66, with an annualized covariance of 558.8 %².
By 3-year correlation, LPLA places #17 of the 34 assets tracked against AMP. The trailing year gives AMP the advantage: +8.7% versus -0.9%, a 9.6-point spread.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AMP vs LPLA: side by side
| AMP (Ameriprise Financial) | LPLA (LPL Financial Holdings Inc.) | |
|---|---|---|
| 1-year return | +8.7% | -0.9% |
| 5-year return | +119.2% | +149.0% |
| Volatility (ann.) | 25.0% | 34.6% |
| Beta vs S&P 500 | 1.09 | 0.97 |
| Max drawdown (3Y) | -26.4% | -33.2% |
| Market cap | $49.1B | $28.4B |
| P/E (trailing) | 13.5 | 28.8 |
| Dividend yield | 1.16% | 0.33% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AMP | LPLA |
|---|---|---|
| 2022 | +5.0% | +35.7% |
| 2023 | +24.0% | +5.9% |
| 2024 | +42.1% | +44.1% |
| 2025 | -6.7% | +9.8% |
| 2026 | +14.5% | +1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMP and LPLA good diversifiers for each other?
Only partially. A correlation of 0.65 means AMP and LPLA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AMP and LPLA?
As of 2026-08-27, the correlation of weekly returns between AMP and LPLA is 0.65 over 3 years, 0.63 over 1 year and 0.66 over 5 years.
Is LPLA a good diversifier for AMP?
Only partially. A correlation of 0.65 means AMP and LPLA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.65 mean?
A reading of 0.65 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amp-vs-lpla.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/amp-vs-lpla/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMP correlations · LPLA correlations
