SKT vs. AAPL
SKT (Tanger Factory Outlet Centers, Inc.) and AAPL (Apple Inc) are both stocks. SKT operates in REIT - Retail (Real Estate), while AAPL operates in Consumer Electronics (Technology). Over the past 10 years, SKT returned 5.66%/yr vs 30.33%/yr for AAPL. At a 0.19 correlation, their price movements are largely independent.
Performance
SKT vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, SKT achieves a 9.66% return, which is significantly lower than AAPL's 16.16% return. Over the past 10 years, SKT has underperformed AAPL with an annualized return of 5.66%, while AAPL has yielded a comparatively higher 30.33% annualized return.
SKT
- 1D
- 1.52%
- 1M
- -1.07%
- YTD
- 9.66%
- 6M
- 11.29%
- 1Y
- 25.91%
- 3Y*
- 24.27%
- 5Y*
- 19.81%
- 10Y*
- 5.66%
AAPL
- 1D
- 2.90%
- 1M
- 12.62%
- YTD
- 16.16%
- 6M
- 10.34%
- 1Y
- 56.89%
- 3Y*
- 20.88%
- 5Y*
- 21.22%
- 10Y*
- 30.33%
SKT vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SKT Tanger Factory Outlet Centers, Inc. | 9.66% | 1.39% | 27.71% | 62.06% | 2.68% | 101.59% | -27.28% | -21.33% | -18.99% | -22.30% |
AAPL Apple Inc | 16.16% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between SKT and AAPL is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 1993 | 0.19 |
The correlation between SKT and AAPL shifts across timeframes, from 0.19 (all time) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SKT:
$1.44
AAPL:
$8.24
SKT:
24.92
AAPL:
38.27
SKT:
0.11
AAPL:
5.04
SKT:
5.17
AAPL:
10.39
SKT:
$596.62M
AAPL:
$451.44B
SKT:
$334.96M
AAPL:
$216.07B
SKT:
$387.37M
AAPL:
$153.63B
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Return for Risk
SKT vs. AAPL — Risk / Return Rank
SKT
AAPL
SKT vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tanger Factory Outlet Centers, Inc. (SKT) 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.
| SKT | AAPL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 2.57 | -1.33 |
Sortino ratioReturn per unit of downside risk | 1.96 | 3.56 | -1.60 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.46 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 2.43 | 4.17 | -1.74 |
Martin ratioReturn relative to average drawdown | 6.16 | 10.52 | -4.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SKT | AAPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 2.57 | -1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.78 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 1.05 | -0.92 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.44 | -0.08 |
Drawdowns
SKT vs. AAPL - Drawdown Comparison
The maximum SKT drawdown since its inception was -87.32%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for SKT and AAPL.
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Drawdown Indicators
| SKT | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.32% | -81.80% | -5.52% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -13.80% | +3.46% |
Max Drawdown (3Y)Largest decline over 3 years | -20.96% | -33.36% | +12.40% |
Max Drawdown (5Y)Largest decline over 5 years | -31.16% | -33.36% | +2.20% |
Max Drawdown (10Y)Largest decline over 10 years | -87.32% | -38.52% | -48.80% |
Current DrawdownCurrent decline from peak | -3.62% | 0.00% | -3.62% |
Average DrawdownAverage peak-to-trough decline | -16.33% | -29.61% | +13.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.08% | 5.47% | -1.39% |
Volatility
SKT vs. AAPL - Volatility Comparison
Tanger Factory Outlet Centers, Inc. (SKT) has a higher volatility of 5.93% compared to Apple Inc (AAPL) at 5.32%. This indicates that SKT'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.
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Volatility by Period
| SKT | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.93% | 5.32% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 14.38% | 15.89% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.03% | 22.25% | -1.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.28% | 27.46% | +3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.32% | 28.89% | +13.43% |
Dividends
SKT vs. AAPL - Dividend Comparison
SKT's dividend yield for the trailing twelve months is around 3.31%, more than AAPL's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.33% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
SKT Tanger Factory Outlet Centers, Inc. | 3.31% | 3.45% | 3.18% | 3.50% | 8.93% | 3.71% | 7.15% | 9.61% | 6.89% | 5.10% | 3.52% | 3.99% |
Financials
SKT vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Tanger Factory Outlet Centers, 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
SKT vs. AAPL - Profitability Comparison
SKT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tanger Factory Outlet Centers, Inc. reported a gross profit of 103.68M and revenue of 150.42M. Therefore, the gross margin over that period was 68.9%.
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%.
SKT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tanger Factory Outlet Centers, Inc. reported an operating income of 83.60M and revenue of 150.42M, resulting in an operating margin of 55.6%.
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%.
SKT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tanger Factory Outlet Centers, Inc. reported a net income of 28.26M and revenue of 150.42M, resulting in a net margin of 18.8%.
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
SKT and AAPL have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKT has higher volatility (5.93%) compared to AAPL (5.32%). In terms of maximum drawdown, SKT dropped -87.32% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.57 vs 1.24), 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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