APO vs. AEG
APO (Apollo Global Management, Inc.) and AEG (Aegon N.V.) are both stocks. Both are in the Financial Services sector — APO in Asset Management, AEG in Insurance - Diversified. Over the past 10 years, APO returned 28.04%/yr vs 11.39%/yr for AEG. At a 0.38 correlation, their price movements are largely independent.
Performance
APO vs. AEG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APO achieves a -11.14% return, which is significantly lower than AEG's 6.61% return. Over the past 10 years, APO has outperformed AEG with an annualized return of 28.04%, while AEG has yielded a comparatively lower 11.39% annualized return.
APO
- 1D
- -0.36%
- 1M
- -3.82%
- YTD
- -11.14%
- 6M
- -6.37%
- 1Y
- -2.88%
- 3Y*
- 22.38%
- 5Y*
- 19.80%
- 10Y*
- 28.04%
AEG
- 1D
- -0.24%
- 1M
- -1.08%
- YTD
- 6.61%
- 6M
- 3.66%
- 1Y
- 20.46%
- 3Y*
- 25.46%
- 5Y*
- 18.27%
- 10Y*
- 11.39%
APO vs. AEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APO Apollo Global Management, Inc. | -11.14% | -11.12% | 79.87% | 49.44% | -9.59% | 53.25% | 8.00% | 106.46% | -22.03% | 85.29% |
AEG Aegon N.V. | 6.61% | 39.08% | 8.38% | 21.19% | 6.45% | 29.44% | -10.42% | 5.37% | -22.29% | 20.46% |
Correlation
The correlation between APO and AEG is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2011 | 0.38 |
The correlation between APO and AEG shifts across timeframes, from 0.27 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
APO:
$75.90B
AEG:
$12.43B
APO:
$3.58
AEG:
$1.07
APO:
35.61
AEG:
7.66
APO:
0.09
AEG:
0.22
APO:
2.58
AEG:
0.28
APO:
4.09
AEG:
1.65
APO:
$29.68B
AEG:
$45.17B
APO:
$26.52B
AEG:
$45.17B
APO:
$9.28B
AEG:
$1.06B
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
APO vs. AEG — Risk / Return Rank
APO
AEG
APO vs. AEG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apollo Global Management, Inc. (APO) and Aegon N.V. (AEG). 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.
| APO | AEG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.16 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 1.31 | -1.40 |
| Martin ratioReturn relative to average drawdown | -0.17 | 3.77 | -3.94 |
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
| APO | AEG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | 0.81 | -0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.60 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.32 | +0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.21 | +0.37 |
Drawdowns
APO vs. AEG - Drawdown Comparison
The maximum APO drawdown since its inception was -56.99%, smaller than the maximum AEG drawdown of -94.91%. Use the drawdown chart below to compare losses from any high point for APO and AEG.
Loading charts...
Drawdown Indicators
| APO | AEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.99% | -94.91% | +37.92% |
Max Drawdown (1Y)Largest decline over 1 year | -34.97% | -15.65% | -19.32% |
Max Drawdown (3Y)Largest decline over 3 years | -42.82% | -18.37% | -24.45% |
Max Drawdown (5Y)Largest decline over 5 years | -42.82% | -36.56% | -6.26% |
Max Drawdown (10Y)Largest decline over 10 years | -53.48% | -71.11% | +17.63% |
Current DrawdownCurrent decline from peak | -26.97% | -63.55% | +36.58% |
Average DrawdownAverage peak-to-trough decline | -16.37% | -52.67% | +36.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.62% | 5.45% | +11.17% |
Volatility
APO vs. AEG - Volatility Comparison
Apollo Global Management, Inc. (APO) has a higher volatility of 8.60% compared to Aegon N.V. (AEG) at 6.03%. This indicates that APO's price experiences larger fluctuations and is considered to be riskier than AEG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| APO | AEG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.60% | 6.03% | +2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 27.16% | 20.38% | +6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.27% | 25.40% | +9.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.07% | 30.81% | +6.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.82% | 35.66% | +2.16% |
Dividends
APO vs. AEG - Dividend Comparison
APO's dividend yield for the trailing twelve months is around 1.64%, less than AEG's 5.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEG Aegon N.V. | 5.37% | 5.72% | 5.93% | 4.89% | 4.08% | 3.37% | 1.80% | 7.37% | 7.02% | 4.74% | 5.30% | 4.72% |
APO Apollo Global Management, Inc. | 1.64% | 1.38% | 1.10% | 1.81% | 2.51% | 2.90% | 4.72% | 4.23% | 7.86% | 5.53% | 6.46% | 12.91% |
Financials
APO vs. AEG - Financials Comparison
This section allows you to compare key financial metrics between Apollo Global Management, Inc. and Aegon N.V.. 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
APO vs. AEG - Profitability Comparison
APO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apollo Global Management, Inc. reported a gross profit of 4.93B and revenue of 4.93B. Therefore, the gross margin over that period was 100.0%.
AEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported a gross profit of 19.00B and revenue of 19.00B. Therefore, the gross margin over that period was 100.0%.
APO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apollo Global Management, Inc. reported an operating income of 330.00M and revenue of 4.93B, resulting in an operating margin of 6.7%.
AEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported an operating income of 365.28M and revenue of 19.00B, resulting in an operating margin of 1.9%.
APO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apollo Global Management, Inc. reported a net income of -1.91B and revenue of 4.93B, resulting in a net margin of -38.7%.
AEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported a net income of 389.10M and revenue of 19.00B, resulting in a net margin of 2.1%.
Frequently Asked Questions
APO and AEG have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APO has higher volatility (8.60%) compared to AEG (6.03%). In terms of maximum drawdown, APO dropped -56.99% vs AEG's -94.91%.
AEG currently has the higher Sharpe Ratio (0.81 vs -0.08), 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 APO and AEG
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