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AAP vs. MMM
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Risk-Adjusted Performance
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Volatility
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Performance

AAP vs. MMM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advance Auto Parts, Inc. (AAP) and 3M Company (MMM). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
-40.73%
30.23%
AAP
MMM

Returns By Period

In the year-to-date period, AAP achieves a -31.94% return, which is significantly lower than MMM's 45.37% return. Over the past 10 years, AAP has underperformed MMM with an annualized return of -11.02%, while MMM has yielded a comparatively higher 3.14% annualized return.


AAP

YTD

-31.94%

1M

7.77%

6M

-40.73%

1Y

-21.02%

5Y (annualized)

-22.24%

10Y (annualized)

-11.02%

MMM

YTD

45.37%

1M

0.93%

6M

30.23%

1Y

66.63%

5Y (annualized)

2.33%

10Y (annualized)

3.14%

Fundamentals


AAPMMM
Market Cap$2.31B$69.81B
EPS$0.79$9.59
PE Ratio48.9713.33
PEG Ratio0.511.90
Total Revenue (TTM)$10.70B$28.57B
Gross Profit (TTM)$4.40B$12.31B
EBITDA (TTM)$408.40M$6.89B

Key characteristics


AAPMMM
Sharpe Ratio-0.461.98
Sortino Ratio-0.373.39
Omega Ratio0.951.48
Calmar Ratio-0.251.21
Martin Ratio-0.6810.78
Ulcer Index30.97%6.18%
Daily Std Dev45.79%33.73%
Max Drawdown-84.09%-59.10%
Current Drawdown-81.82%-22.87%

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Correlation

-0.50.00.51.00.4

The correlation between AAP and MMM is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

AAP vs. MMM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Advance Auto Parts, Inc. (AAP) and 3M Company (MMM). 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.


Sharpe ratio
The chart of Sharpe ratio for AAP, currently valued at -0.46, compared to the broader market-4.00-2.000.002.004.00-0.461.98
The chart of Sortino ratio for AAP, currently valued at -0.37, compared to the broader market-4.00-2.000.002.004.00-0.373.39
The chart of Omega ratio for AAP, currently valued at 0.95, compared to the broader market0.501.001.502.000.951.48
The chart of Calmar ratio for AAP, currently valued at -0.25, compared to the broader market0.002.004.006.00-0.251.21
The chart of Martin ratio for AAP, currently valued at -0.68, compared to the broader market0.0010.0020.0030.00-0.6810.78
AAP
MMM

The current AAP Sharpe Ratio is -0.46, which is lower than the MMM Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of AAP and MMM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.46
1.98
AAP
MMM

Dividends

AAP vs. MMM - Dividend Comparison

AAP's dividend yield for the trailing twelve months is around 2.45%, less than MMM's 2.62% yield.


TTM20232022202120202019201820172016201520142013
AAP
Advance Auto Parts, Inc.
2.45%3.28%4.08%1.35%0.63%0.15%0.15%0.24%0.14%0.16%0.15%0.22%
MMM
3M Company
2.62%5.49%4.97%3.33%3.36%3.26%2.86%2.00%2.49%2.72%2.08%1.81%

Drawdowns

AAP vs. MMM - Drawdown Comparison

The maximum AAP drawdown since its inception was -84.09%, which is greater than MMM's maximum drawdown of -59.10%. Use the drawdown chart below to compare losses from any high point for AAP and MMM. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JuneJulyAugustSeptemberOctoberNovember
-81.82%
-22.87%
AAP
MMM

Volatility

AAP vs. MMM - Volatility Comparison

Advance Auto Parts, Inc. (AAP) has a higher volatility of 16.38% compared to 3M Company (MMM) at 8.64%. This indicates that AAP's price experiences larger fluctuations and is considered to be riskier than MMM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
16.38%
8.64%
AAP
MMM

Financials

AAP vs. MMM - Financials Comparison

This section allows you to compare key financial metrics between Advance Auto Parts, Inc. and 3M Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items