Correlation
The correlation between AAP and WM is 0.54, 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.
AAP vs. WM
Compare and contrast key facts about Advance Auto Parts, Inc. (AAP) and Waste Management, Inc. (WM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAP or WM.
Performance
AAP vs. WM - Performance Comparison
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Key characteristics
AAP:
-0.34
WM:
0.91
AAP:
-0.19
WM:
1.28
AAP:
0.98
WM:
1.19
AAP:
-0.35
WM:
1.54
AAP:
-0.80
WM:
3.48
AAP:
37.72%
WM:
5.28%
AAP:
78.70%
WM:
20.42%
AAP:
-86.42%
WM:
-77.85%
AAP:
-78.35%
WM:
0.00%
Fundamentals
AAP:
$3.16B
WM:
$95.68B
AAP:
-$8.93
WM:
$6.63
AAP:
1.03
WM:
3.10
AAP:
0.35
WM:
4.17
AAP:
1.32
WM:
11.06
AAP:
$6.83B
WM:
$22.92B
AAP:
$2.37B
WM:
$8.49B
AAP:
-$525.70M
WM:
$6.60B
Returns By Period
In the year-to-date period, AAP achieves a 2.70% return, which is significantly lower than WM's 19.86% return. Over the past 10 years, AAP has underperformed WM with an annualized return of -10.03%, while WM has yielded a comparatively higher 19.47% annualized return.
AAP
2.70%
46.49%
17.46%
-26.68%
-35.08%
-17.45%
-10.03%
WM
19.86%
3.26%
6.33%
18.53%
16.81%
19.63%
19.47%
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Risk-Adjusted Performance
AAP vs. WM — Risk-Adjusted Performance Rank
AAP
WM
AAP vs. WM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Advance Auto Parts, Inc. (AAP) and Waste Management, Inc. (WM). 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.
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Dividends
AAP vs. WM - Dividend Comparison
AAP's dividend yield for the trailing twelve months is around 2.09%, more than WM's 1.28% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AAP Advance Auto Parts, Inc. | 2.09% | 2.11% | 3.28% | 4.08% | 1.35% | 0.63% | 0.15% | 0.15% | 0.24% | 0.14% | 0.16% | 0.15% |
WM Waste Management, Inc. | 1.28% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% | 2.92% |
Drawdowns
AAP vs. WM - Drawdown Comparison
The maximum AAP drawdown since its inception was -86.42%, which is greater than WM's maximum drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for AAP and WM.
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Volatility
AAP vs. WM - Volatility Comparison
Advance Auto Parts, Inc. (AAP) has a higher volatility of 49.00% compared to Waste Management, Inc. (WM) at 5.21%. This indicates that AAP's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
AAP vs. WM - Financials Comparison
This section allows you to compare key financial metrics between Advance Auto Parts, Inc. and Waste Management, 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