EQH vs. APO
EQH (Equitable Holdings, Inc.) and APO (Apollo Global Management, Inc.) are both stocks. Both are in the Financial Services sector — EQH in Insurance - Diversified, APO in Asset Management. Over the past 5 years, EQH returned 12.53%/yr vs 18.65%/yr for APO. Their 0.53 correlation means they have sometimes moved together and sometimes differently.
Performance
EQH vs. APO - Performance Comparison
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Returns By Period
In the year-to-date period, EQH achieves a 2.82% return, which is significantly higher than APO's -9.85% return.
EQH
- 1D
- 1.37%
- 1M
- 5.91%
- 6M
- 4.80%
- YTD
- 2.82%
- 1Y
- -1.08%
- 3Y*
- 21.86%
- 5Y*
- 12.53%
- 10Y*
- —
- ALL TIME*
- 14.33%
APO
- 1D
- 3.05%
- 1M
- 9.11%
- 6M
- -2.02%
- YTD
- -9.85%
- 1Y
- -4.92%
- 3Y*
- 16.36%
- 5Y*
- 18.65%
- 10Y*
- 26.51%
- ALL TIME*
- 20.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $441.09M | $485.06M | $511.30M | |
| $135.95M | $127.92M | $168.33M |
EQH vs. APO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EQH Equitable Holdings, Inc. | 2.82% | 3.17% | 45.04% | 19.63% | -10.17% | 31.00% | 6.52% | 53.13% | -14.75% |
APO Apollo Global Management, Inc. | -9.85% | -11.12% | 79.87% | 49.44% | -9.59% | 53.25% | 8.00% | 106.46% | -15.63% |
Correlation
The correlation between EQH and APO is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (All Time) Calculated using the full available price history since May 10, 2018 | 0.53 |
The correlation between EQH and APO has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.
Fundamentals
EQH:
$13.10B
APO:
$74.61B
EQH:
-$4.16
APO:
$3.56
EQH:
0.84
APO:
2.63
EQH:
$11.32B
APO:
$29.68B
EQH:
$6.96B
APO:
$26.52B
EQH:
-$759.00M
APO:
$9.28B
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Return for Risk
EQH vs. APO — Risk / Return Rank
EQH
APO
EQH vs. APO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Equitable Holdings, Inc. (EQH) and Apollo Global Management, Inc. (APO). 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.
| EQH | APO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.01 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | -0.15 | +0.11 |
| Martin ratioReturn relative to average drawdown | -0.06 | -0.31 | +0.25 |
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Drawdowns
EQH vs. APO - Drawdown Comparison
The maximum EQH drawdown since its inception was -61.33%, which is greater than APO's maximum drawdown of -56.99%. Use the drawdown chart below to compare losses from any high point for EQH and APO.
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Drawdown Indicators
| EQH | APO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.33% | -56.99% | -4.34% |
Max Drawdown (1Y)Largest decline over 1 year | -34.72% | -34.05% | -0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -35.85% | -42.82% | +6.97% |
Max Drawdown (5Y)Largest decline over 5 years | -35.85% | -42.82% | +6.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.48% | — |
Current DrawdownCurrent decline from peak | -11.67% | -25.91% | +14.24% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -16.50% | +4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.68% | 16.07% | +1.61% |
Volatility
EQH vs. APO - Volatility Comparison
Equitable Holdings, Inc. (EQH) and Apollo Global Management, Inc. (APO) have volatilities of 9.40% and 9.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQH | APO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.40% | 9.43% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 26.79% | 28.45% | -1.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.45% | 35.91% | -3.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.90% | 37.33% | -4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.62% | 37.93% | +0.69% |
Dividends
EQH vs. APO - Dividend Comparison
EQH's dividend yield for the trailing twelve months is around 2.94%, more than APO's 1.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APO Apollo Global Management, Inc. | 1.62% | 1.38% | 1.10% | 1.81% | 2.51% | 2.90% | 4.72% | 4.23% | 7.86% | 5.53% | 6.46% | 12.91% |
EQH Equitable Holdings, Inc. | 2.94% | 2.20% | 1.99% | 2.58% | 2.72% | 2.17% | 2.58% | 2.34% | 1.56% | 0.00% | 0.00% | 0.00% |
Financials
EQH vs. APO - Financials Comparison
This section allows you to compare key financial metrics between Equitable Holdings, Inc. and Apollo Global 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
EQH vs. APO - Profitability Comparison
EQH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Equitable Holdings, Inc. reported a gross profit of 3.61B and revenue of 4.23B. Therefore, the gross margin over that period was 85.2%.
APO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
EQH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Equitable Holdings, Inc. reported an operating income of 0.00 and revenue of 4.23B, resulting in an operating margin of 0.0%.
APO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
EQH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Equitable Holdings, Inc. reported a net income of 621.00M and revenue of 4.23B, resulting in a net margin of 14.7%.
APO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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%.
Frequently Asked Questions
EQH and APO have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APO has higher volatility (9.43%) compared to EQH (9.40%). In terms of maximum drawdown, EQH dropped -61.33% vs APO's -56.99%.
EQH currently has the higher Sharpe Ratio (-0.03 vs -0.14), 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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