AAP vs. AZO
Compare and contrast key facts about Advance Auto Parts, Inc. (AAP) and AutoZone, Inc. (AZO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAP or AZO.
Correlation
The correlation between AAP and AZO is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AAP vs. AZO - Performance Comparison
Key characteristics
AAP:
-0.56
AZO:
1.20
AAP:
-0.54
AZO:
1.79
AAP:
0.93
AZO:
1.22
AAP:
-0.30
AZO:
1.60
AAP:
-0.76
AZO:
3.91
AAP:
33.68%
AZO:
6.34%
AAP:
45.58%
AZO:
20.70%
AAP:
-84.09%
AZO:
-46.33%
AAP:
-80.60%
AZO:
-3.47%
Fundamentals
AAP:
$2.66B
AZO:
$55.79B
AAP:
$0.79
AZO:
$149.36
AAP:
56.28
AZO:
22.22
AAP:
0.59
AZO:
1.78
AAP:
$10.70B
AZO:
$14.30B
AAP:
$4.40B
AZO:
$7.60B
AAP:
$408.40M
AZO:
$3.37B
Returns By Period
In the year-to-date period, AAP achieves a -27.39% return, which is significantly lower than AZO's 25.83% return. Over the past 10 years, AAP has underperformed AZO with an annualized return of -11.36%, while AZO has yielded a comparatively higher 18.04% annualized return.
AAP
-27.39%
12.66%
-33.10%
-26.98%
-21.25%
-11.36%
AZO
25.83%
6.69%
8.80%
24.53%
21.58%
18.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AAP vs. AZO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Advance Auto Parts, Inc. (AAP) and AutoZone, Inc. (AZO). 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.
Dividends
AAP vs. AZO - Dividend Comparison
AAP's dividend yield for the trailing twelve months is around 2.30%, while AZO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAP Advance Auto Parts, Inc. | 2.30% | 3.28% | 4.08% | 1.35% | 0.63% | 0.15% | 0.15% | 0.24% | 0.14% | 0.16% | 0.15% | 0.22% |
AZO AutoZone, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AAP vs. AZO - Drawdown Comparison
The maximum AAP drawdown since its inception was -84.09%, which is greater than AZO's maximum drawdown of -46.33%. Use the drawdown chart below to compare losses from any high point for AAP and AZO. For additional features, visit the drawdowns tool.
Volatility
AAP vs. AZO - Volatility Comparison
Advance Auto Parts, Inc. (AAP) has a higher volatility of 15.45% compared to AutoZone, Inc. (AZO) at 5.38%. This indicates that AAP's price experiences larger fluctuations and is considered to be riskier than AZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
AAP vs. AZO - Financials Comparison
This section allows you to compare key financial metrics between Advance Auto Parts, Inc. and AutoZone, 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