LTMAY vs. APA

Last updated Jun 24, 2026

LTMAY (LATAM Airlines Group S.A.) and APA (Apache Corporation) are both stocks. LTMAY operates in Airlines (Industrials), while APA operates in Oil & Gas E&P (Energy). At a correlation of -0.06, they often move in opposite directions.

Performance

LTMAY vs. APA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LATAM Airlines Group S.A. (LTMAY) and Apache Corporation (APA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LTMAY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

APA

• 1D: 0.06%
• 1M: -11.80%
• YTD: 42.18%
• 6M: 42.76%
• 1Y: 93.83%
• 3Y*: 5.58%
• 5Y*: 12.21%
• 10Y*: -2.18%

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

LTMAY vs. APA - Yearly Performance Comparison

	2026 (YTD)
LTMAY LATAM Airlines Group S.A.	-99.70%
APA Apache Corporation	-10.95%

Correlation

The correlation between LTMAY and APA is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 28, 2026	-0.06

Fundamentals

Total Revenue (TTM) LTMAY : $12.52B APA : $8.61B
Gross Profit (TTM) LTMAY : $5.38B APA : $4.64B
EBITDA (TTM) LTMAY : $5.22B APA : $5.63B

Return for Risk

LTMAY vs. APA — Risk / Return Rank

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

LTMAY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

APA

APA Risk / Return Rank: 87
APA Sharpe Ratio Rank: 89
APA Sortino Ratio Rank: 85
APA Omega Ratio Rank: 82
APA Calmar Ratio Rank: 88
APA Martin Ratio Rank: 89

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.

LTMAY vs. APA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LATAM Airlines Group S.A. (LTMAY) and Apache Corporation (APA). 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.

	LTMAY	APA	Difference
Sharpe ratio: Return per unit of total volatility	—	2.06	—
Sortino ratio: Return per unit of downside risk	—	2.60	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	3.76	—
Martin ratio: Return relative to average drawdown	—	11.13	—

Drawdowns

Drawdown Indicators

	LTMAY	APA	Difference
Max Drawdown Largest peak-to-trough decline	—	-96.73%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-25.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-67.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-70.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-93.49%	—
Current Drawdown Current decline from peak	—	-67.50%	—
Average Drawdown Average peak-to-trough decline	—	-40.36%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.46%	—

Volatility

Volatility by Period

	LTMAY	APA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	46.59%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	48.52%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	58.42%	—

Dividends

LTMAY vs. APA - Dividend Comparison

LTMAY has not paid dividends to shareholders, while APA's dividend yield for the trailing twelve months is around 2.92%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APA Apache Corporation	2.92%	4.09%	4.33%	2.79%	1.34%	0.51%	2.29%	3.91%	3.81%	2.37%	1.58%	2.25%
LTMAY LATAM Airlines Group S.A.	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 LTMAY and APA in my portfolio?

LTMAY and APA have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.