AAP vs. TGT
AAP (Advance Auto Parts, Inc.) and TGT (Target Corporation) are both stocks. AAP operates in Specialty Retail (Consumer Cyclical), while TGT operates in Discount Stores (Consumer Defensive). Over the past 10 years, AAP returned -8.00%/yr vs 9.40%/yr for TGT. At a 0.41 correlation, their price movements are largely independent.
Performance
AAP vs. TGT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AAP achieves a 46.86% return, which is significantly higher than TGT's 30.19% return. Over the past 10 years, AAP has underperformed TGT with an annualized return of -8.00%, while TGT has yielded a comparatively higher 9.40% annualized return.
AAP
- 1D
- -0.92%
- 1M
- -0.45%
- YTD
- 46.86%
- 6M
- 7.82%
- 1Y
- 12.08%
- 3Y*
- -3.55%
- 5Y*
- -19.67%
- 10Y*
- -8.00%
TGT
- 1D
- 1.32%
- 1M
- -1.39%
- YTD
- 30.19%
- 6M
- 39.97%
- 1Y
- 36.00%
- 3Y*
- 1.53%
- 5Y*
- -8.89%
- 10Y*
- 9.40%
AAP vs. TGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAP Advance Auto Parts, Inc. | 46.86% | -15.01% | -21.10% | -57.62% | -36.50% | 54.68% | -0.90% | 1.87% | 58.22% | -40.93% |
TGT Target Corporation | 30.19% | -24.50% | -2.27% | -1.35% | -34.24% | 32.91% | 40.47% | 100.17% | 4.67% | -5.84% |
Correlation
The correlation between AAP and TGT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2001 | 0.41 |
The correlation between AAP and TGT shifts across timeframes, from 0.31 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AAP:
$1.96
TGT:
$7.93
AAP:
29.09
TGT:
15.73
AAP:
0.43
TGT:
0.54
AAP:
$6.02B
TGT:
$105.47B
AAP:
$2.62B
TGT:
$27.05B
AAP:
$592.00M
TGT:
$8.20B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AAP vs. TGT — Risk / Return Rank
AAP
TGT
AAP vs. TGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Advance Auto Parts, Inc. (AAP) and Target Corporation (TGT). 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.
| AAP | TGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.21 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 1.78 | -1.49 |
| Martin ratioReturn relative to average drawdown | 0.61 | 4.19 | -3.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AAP | TGT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 1.19 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | -0.25 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.18 | 0.28 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.35 | -0.17 |
Drawdowns
AAP vs. TGT - Drawdown Comparison
The maximum AAP drawdown since its inception was -86.41%, which is greater than TGT's maximum drawdown of -64.40%. Use the drawdown chart below to compare losses from any high point for AAP and TGT.
Loading charts...
Drawdown Indicators
| AAP | TGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.41% | -64.40% | -22.01% |
Max Drawdown (1Y)Largest decline over 1 year | -41.44% | -20.27% | -21.17% |
Max Drawdown (3Y)Largest decline over 3 years | -64.25% | -49.78% | -14.47% |
Max Drawdown (5Y)Largest decline over 5 years | -86.41% | -64.40% | -22.01% |
Max Drawdown (10Y)Largest decline over 10 years | -86.41% | -64.40% | -22.01% |
Current DrawdownCurrent decline from peak | -73.69% | -45.86% | -27.83% |
Average DrawdownAverage peak-to-trough decline | -23.75% | -17.08% | -6.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.87% | 8.62% | +11.25% |
Volatility
AAP vs. TGT - Volatility Comparison
Advance Auto Parts, Inc. (AAP) has a higher volatility of 22.24% compared to Target Corporation (TGT) at 10.69%. This indicates that AAP's price experiences larger fluctuations and is considered to be riskier than TGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AAP | TGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.24% | 10.69% | +11.55% |
Volatility (6M)Calculated over the trailing 6-month period | 38.68% | 21.01% | +17.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.67% | 30.44% | +23.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.00% | 35.44% | +17.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.07% | 33.25% | +11.82% |
Dividends
AAP vs. TGT - Dividend Comparison
AAP's dividend yield for the trailing twelve months is around 1.75%, less than TGT's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAP Advance Auto Parts, Inc. | 1.75% | 2.54% | 2.11% | 3.28% | 4.08% | 1.35% | 0.63% | 0.15% | 0.15% | 0.24% | 0.14% | 0.16% |
TGT Target Corporation | 3.65% | 4.62% | 3.28% | 3.06% | 2.66% | 1.37% | 1.52% | 2.03% | 3.81% | 3.74% | 3.21% | 2.97% |
Financials
AAP vs. TGT - Financials Comparison
This section allows you to compare key financial metrics between Advance Auto Parts, Inc. and Target Corporation. 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
Frequently Asked Questions
AAP and TGT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAP has higher volatility (22.24%) compared to TGT (10.69%). In terms of maximum drawdown, AAP dropped -86.41% vs TGT's -64.40%.
TGT currently has the higher Sharpe Ratio (1.19 vs 0.23), 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.
Find the right allocation for AAP and TGT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer