APLE vs. SHY
APLE (Apple Hospitality REIT, Inc.) is a stock, while SHY (iShares 1-3 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index. Over the past 10 years, APLE returned 3.43%/yr vs 1.65%/yr for SHY. At a 0.00 correlation, their price movements are largely independent.
Performance
APLE vs. SHY - Performance Comparison
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Returns By Period
In the year-to-date period, APLE achieves a 32.29% return, which is significantly higher than SHY's 0.43% return. Over the past 10 years, APLE has outperformed SHY with an annualized return of 3.43%, while SHY has yielded a comparatively lower 1.65% annualized return.
APLE
- 1D
- 1.67%
- 1M
- 16.05%
- YTD
- 32.29%
- 6M
- 33.75%
- 1Y
- 41.36%
- 3Y*
- 6.97%
- 5Y*
- 4.75%
- 10Y*
- 3.43%
SHY
- 1D
- -0.05%
- 1M
- 0.08%
- YTD
- 0.43%
- 6M
- 0.69%
- 1Y
- 3.32%
- 3Y*
- 4.03%
- 5Y*
- 1.71%
- 10Y*
- 1.65%
APLE vs. SHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APLE Apple Hospitality REIT, Inc. | 32.29% | -16.61% | -1.26% | 12.31% | 2.41% | 25.42% | -18.91% | 21.97% | -21.64% | 3.99% |
SHY iShares 1-3 Year Treasury Bond ETF | 0.43% | 4.95% | 3.92% | 4.16% | -3.88% | -0.71% | 3.03% | 3.38% | 1.46% | 0.26% |
Correlation
The correlation between APLE and SHY is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 19, 2015 | 0.00 |
Over the past year, APLE and SHY have become more correlated (0.22) than their long-term average of 0.00, meaning their price movements have been converging.
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Return for Risk
APLE vs. SHY — Risk / Return Rank
APLE
SHY
APLE vs. SHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Hospitality REIT, Inc. (APLE) and iShares 1-3 Year Treasury Bond ETF (SHY). 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.
| APLE | SHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.51 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 3.75 | -0.67 |
| Martin ratioReturn relative to average drawdown | 7.12 | 15.21 | -8.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| APLE | SHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 2.49 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.87 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 1.06 | -0.96 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 1.28 | -1.16 |
Drawdowns
APLE vs. SHY - Drawdown Comparison
The maximum APLE drawdown since its inception was -71.83%, which is greater than SHY's maximum drawdown of -5.71%. Use the drawdown chart below to compare losses from any high point for APLE and SHY.
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Drawdown Indicators
| APLE | SHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.83% | -5.71% | -66.12% |
Max Drawdown (1Y)Largest decline over 1 year | -13.49% | -0.89% | -12.60% |
Max Drawdown (3Y)Largest decline over 3 years | -32.95% | -0.97% | -31.98% |
Max Drawdown (5Y)Largest decline over 5 years | -32.95% | -5.71% | -27.24% |
Max Drawdown (10Y)Largest decline over 10 years | -71.83% | -5.71% | -66.12% |
Current DrawdownCurrent decline from peak | 0.00% | -0.31% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -12.41% | -0.52% | -11.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 0.22% | +5.61% |
Volatility
APLE vs. SHY - Volatility Comparison
Apple Hospitality REIT, Inc. (APLE) has a higher volatility of 8.06% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.35%. This indicates that APLE's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLE | SHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.06% | 0.35% | +7.71% |
Volatility (6M)Calculated over the trailing 6-month period | 16.54% | 0.92% | +15.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.74% | 1.34% | +21.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.23% | 1.98% | +25.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.53% | 1.57% | +32.96% |
Dividends
APLE vs. SHY - Dividend Comparison
APLE's dividend yield for the trailing twelve months is around 6.32%, more than SHY's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APLE Apple Hospitality REIT, Inc. | 6.32% | 8.10% | 6.58% | 6.08% | 4.82% | 0.25% | 2.32% | 6.77% | 9.12% | 5.61% | 6.01% | 4.01% |
SHY iShares 1-3 Year Treasury Bond ETF | 3.68% | 3.81% | 3.92% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.71% | 0.54% |
Frequently Asked Questions
APLE and SHY have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLE has higher volatility (8.06%) compared to SHY (0.35%). In terms of maximum drawdown, APLE dropped -71.83% vs SHY's -5.71%.
SHY currently has the higher Sharpe Ratio (2.49 vs 1.83), 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.
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