LYV vs. AAPL
LYV (Live Nation Entertainment, Inc.) and AAPL (Apple Inc) are both stocks. LYV operates in Entertainment (Communication Services), while AAPL operates in Consumer Electronics (Technology). Over the past 10 years, LYV returned 21.00%/yr vs 30.12%/yr for AAPL. At a 0.32 correlation, their price movements are largely independent.
Performance
LYV vs. AAPL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LYV achieves a 15.26% return, which is significantly higher than AAPL's 14.34% return. Over the past 10 years, LYV has underperformed AAPL with an annualized return of 21.00%, while AAPL has yielded a comparatively higher 30.12% annualized return.
LYV
- 1D
- -2.02%
- 1M
- 4.23%
- YTD
- 15.26%
- 6M
- 20.76%
- 1Y
- 20.21%
- 3Y*
- 25.63%
- 5Y*
- 12.98%
- 10Y*
- 21.00%
AAPL
- 1D
- -1.57%
- 1M
- 12.18%
- YTD
- 14.34%
- 6M
- 9.39%
- 1Y
- 53.24%
- 3Y*
- 20.25%
- 5Y*
- 20.38%
- 10Y*
- 30.12%
LYV vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYV Live Nation Entertainment, Inc. | 15.26% | 10.04% | 38.35% | 34.21% | -41.73% | 62.89% | 2.81% | 45.12% | 15.69% | 60.04% |
AAPL Apple Inc | 14.34% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between LYV and AAPL is 0.07, 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 (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 2005 | 0.32 |
Over the past year, the correlation between LYV and AAPL has dropped to 0.07 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
LYV:
$38.17B
AAPL:
$4.58T
LYV:
$0.36
AAPL:
$8.24
LYV:
459.87
AAPL:
37.67
LYV:
5.87
AAPL:
4.96
LYV:
1.50
AAPL:
10.23
LYV:
$25.61B
AAPL:
$451.44B
LYV:
$10.31B
AAPL:
$216.07B
LYV:
$1.55B
AAPL:
$153.63B
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
LYV vs. AAPL — Risk / Return Rank
LYV
AAPL
LYV vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Live Nation Entertainment, Inc. (LYV) and Apple Inc (AAPL). 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.
| LYV | AAPL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | 2.40 | -1.74 |
Sortino ratioReturn per unit of downside risk | 1.11 | 3.36 | -2.26 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.43 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | 0.73 | 3.88 | -3.15 |
Martin ratioReturn relative to average drawdown | 1.70 | 9.76 | -8.06 |
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
| LYV | AAPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 2.40 | -1.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.75 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 1.05 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.44 | -0.13 |
Drawdowns
LYV vs. AAPL - Drawdown Comparison
The maximum LYV drawdown since its inception was -89.94%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for LYV and AAPL.
Loading charts...
Drawdown Indicators
| LYV | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.94% | -81.80% | -8.14% |
Max Drawdown (1Y)Largest decline over 1 year | -27.84% | -13.80% | -14.04% |
Max Drawdown (3Y)Largest decline over 3 years | -27.84% | -33.36% | +5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -48.16% | -33.36% | -14.80% |
Max Drawdown (10Y)Largest decline over 10 years | -61.23% | -38.52% | -22.71% |
Current DrawdownCurrent decline from peak | -5.64% | -1.57% | -4.07% |
Average DrawdownAverage peak-to-trough decline | -27.00% | -29.61% | +2.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.91% | 5.47% | +6.44% |
Volatility
LYV vs. AAPL - Volatility Comparison
Live Nation Entertainment, Inc. (LYV) has a higher volatility of 8.65% compared to Apple Inc (AAPL) at 5.46%. This indicates that LYV's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LYV | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.65% | 5.46% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 23.40% | 15.91% | +7.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.89% | 22.32% | +8.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.16% | 27.46% | +7.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.32% | 28.89% | +9.43% |
Dividends
LYV vs. AAPL - Dividend Comparison
LYV has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.34% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
LYV Live Nation Entertainment, Inc. | 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
LYV vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Live Nation Entertainment, Inc. and Apple 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
LYV vs. AAPL - Profitability Comparison
LYV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Live Nation Entertainment, Inc. reported a gross profit of 0.00 and revenue of 3.79B. Therefore, the gross margin over that period was 0.0%.
AAPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a gross profit of 54.78B and revenue of 111.18B. Therefore, the gross margin over that period was 49.3%.
LYV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Live Nation Entertainment, Inc. reported an operating income of -370.52M and revenue of 3.79B, resulting in an operating margin of -9.8%.
AAPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported an operating income of 35.89B and revenue of 111.18B, resulting in an operating margin of 32.3%.
LYV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Live Nation Entertainment, Inc. reported a net income of -389.10M and revenue of 3.79B, resulting in a net margin of -10.3%.
AAPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a net income of 29.58B and revenue of 111.18B, resulting in a net margin of 26.6%.
Frequently Asked Questions
LYV and AAPL have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LYV has higher volatility (8.65%) compared to AAPL (5.46%). In terms of maximum drawdown, LYV dropped -89.94% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.40 vs 0.66), 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 LYV and AAPL
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