DMART.NS vs. APOLLOHOSP.NS

Last updated Jul 21, 2026

DMART.NS (Avenue Supermarts Limited) and APOLLOHOSP.NS (Apollo Hospitals Enterprise Limited) are both stocks. DMART.NS operates in Discount Stores (Consumer Defensive), while APOLLOHOSP.NS operates in Medical Care Facilities (Healthcare). Over the past 5 years, DMART.NS returned 3.19%/yr vs 18.41%/yr for APOLLOHOSP.NS. At a 0.17 correlation, their price movements are largely independent.

Performance

DMART.NS vs. APOLLOHOSP.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Avenue Supermarts Limited (DMART.NS) and Apollo Hospitals Enterprise Limited (APOLLOHOSP.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DMART.NS achieves a 5.11% return, which is significantly lower than APOLLOHOSP.NS's 26.61% return.

DMART.NS

• 1D: 0.60%
• 1M: -7.26%
• 6M: 5.54%
• YTD: 5.11%
• 1Y: -1.81%
• 3Y*: 2.65%
• 5Y*: 3.19%
• 10Y*: —
• ALL TIME*: 22.47%

APOLLOHOSP.NS

• 1D: 0.90%
• 1M: 4.89%
• 6M: 25.01%
• YTD: 26.61%
• 1Y: 22.25%
• 3Y*: 20.01%
• 5Y*: 18.41%
• 10Y*: 21.29%
• ALL TIME*: 24.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DMART.NS vs. APOLLOHOSP.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DMART.NS Avenue Supermarts Limited	5.11%	6.19%	-12.76%	0.34%	-12.90%	69.03%	50.33%	14.42%	36.00%	96.89%
APOLLOHOSP.NS Apollo Hospitals Enterprise Limited	26.61%	-3.22%	28.23%	28.03%	-10.44%	107.91%	67.90%	15.06%	4.91%	-0.03%

Correlation

The correlation between DMART.NS and APOLLOHOSP.NS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Mar 21, 2017	0.17

Return for Risk

DMART.NS vs. APOLLOHOSP.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DMART.NS

DMART.NS Risk / Return Rank: 40
DMART.NS Sharpe Ratio Rank: 42
DMART.NS Sortino Ratio Rank: 36
DMART.NS Omega Ratio Rank: 36
DMART.NS Calmar Ratio Rank: 43
DMART.NS Martin Ratio Rank: 43

APOLLOHOSP.NS

APOLLOHOSP.NS Risk / Return Rank: 77
APOLLOHOSP.NS Sharpe Ratio Rank: 80
APOLLOHOSP.NS Sortino Ratio Rank: 81
APOLLOHOSP.NS Omega Ratio Rank: 75
APOLLOHOSP.NS Calmar Ratio Rank: 74
APOLLOHOSP.NS Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DMART.NS vs. APOLLOHOSP.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avenue Supermarts Limited (DMART.NS) and Apollo Hospitals Enterprise Limited (APOLLOHOSP.NS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DMART.NS	APOLLOHOSP.NS	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	1.19	-1.26
Sortino ratio: Return per unit of downside risk	0.08	2.05	-1.97
Omega ratio: Gain probability vs. loss probability	1.01	1.23	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.07	1.51	-1.58
Martin ratio: Return relative to average drawdown	-0.12	3.62	-3.75

DMART.NS vs. APOLLOHOSP.NS - Sharpe Ratio Comparison

The current DMART.NS Sharpe Ratio is -0.07, which is lower than the APOLLOHOSP.NS Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of DMART.NS and APOLLOHOSP.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DMART.NS vs. APOLLOHOSP.NS - Drawdown Comparison

The maximum DMART.NS drawdown since its inception was -39.32%, roughly equal to the maximum APOLLOHOSP.NS drawdown of -39.42%. Use the drawdown chart below to compare losses from any high point for DMART.NS and APOLLOHOSP.NS.

Drawdown Indicators

	DMART.NS	APOLLOHOSP.NS	Difference
Max Drawdown Largest peak-to-trough decline	-39.32%	-39.42%	+0.10%
Max Drawdown (1Y) Largest decline over 1 year	-25.17%	-15.21%	-9.96%
Max Drawdown (3Y) Largest decline over 3 years	-36.86%	-18.50%	-18.36%
Max Drawdown (5Y) Largest decline over 5 years	-39.32%	-38.54%	-0.78%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.42%	—
Current Drawdown Current decline from peak	-26.26%	-0.32%	-25.94%
Average Drawdown Average peak-to-trough decline	-15.93%	-12.10%	-3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.81%	6.25%	+8.56%

Volatility

DMART.NS vs. APOLLOHOSP.NS - Volatility Comparison

Avenue Supermarts Limited (DMART.NS) has a higher volatility of 7.53% compared to Apollo Hospitals Enterprise Limited (APOLLOHOSP.NS) at 3.80%. This indicates that DMART.NS's price experiences larger fluctuations and is considered to be riskier than APOLLOHOSP.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMART.NS	APOLLOHOSP.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.53%	3.80%	+3.73%
Volatility (6M) Calculated over the trailing 6-month period	19.59%	13.47%	+6.12%
Volatility (1Y) Calculated over the trailing 1-year period	25.30%	19.39%	+5.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.96%	26.61%	+1.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.43%	30.95%	+0.48%

Dividends

DMART.NS vs. APOLLOHOSP.NS - Dividend Comparison

DMART.NS has not paid dividends to shareholders, while APOLLOHOSP.NS's dividend yield for the trailing twelve months is around 0.22%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APOLLOHOSP.NS Apollo Hospitals Enterprise Limited	0.22%	0.27%	0.22%	0.42%	0.26%	0.06%	0.25%	0.42%	0.40%	0.50%	0.51%	0.39%
DMART.NS Avenue Supermarts Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both DMART.NS and APOLLOHOSP.NS in my portfolio?

DMART.NS and APOLLOHOSP.NS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.