SWK vs. AAP

Last updated Jun 3, 2026

SWK (Stanley Black & Decker, Inc.) and AAP (Advance Auto Parts, Inc.) are both stocks. SWK operates in Tools & Accessories (Industrials), while AAP operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, SWK returned -1.00%/yr vs -7.91%/yr for AAP. At a 0.41 correlation, their price movements are largely independent.

Performance

SWK vs. AAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stanley Black & Decker, Inc. (SWK) and Advance Auto Parts, Inc. (AAP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWK achieves a 7.73% return, which is significantly lower than AAP's 48.22% return. Over the past 10 years, SWK has outperformed AAP with an annualized return of -1.00%, while AAP has yielded a comparatively lower -7.91% annualized return.

SWK

• 1D: 1.24%
• 1M: 0.78%
• YTD: 7.73%
• 6M: 12.32%
• 1Y: 29.69%
• 3Y*: 3.04%
• 5Y*: -15.03%
• 10Y*: -1.00%

AAP

• 1D: -2.78%
• 1M: -2.17%
• YTD: 48.22%
• 6M: 10.55%
• 1Y: 18.21%
• 3Y*: -3.25%
• 5Y*: -19.38%
• 10Y*: -7.91%

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

SWK vs. AAP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWK Stanley Black & Decker, Inc.	7.73%	-3.17%	-15.19%	35.55%	-58.92%	7.28%	9.73%	41.18%	-28.13%	50.50%
AAP Advance Auto Parts, Inc.	48.22%	-15.01%	-21.10%	-57.62%	-36.50%	54.68%	-0.90%	1.87%	58.22%	-40.93%

Correlation

The correlation between SWK and AAP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Nov 30, 2001	0.41

Fundamentals

EPS SWK : $2.65 AAP : $1.96
PE Ratio SWK : 29.92 AAP : 29.36
PS Ratio SWK : 0.79 AAP : 0.43
Total Revenue (TTM) SWK : $15.13B AAP : $6.02B
Gross Profit (TTM) SWK : $4.52B AAP : $2.62B
EBITDA (TTM) SWK : $1.39B AAP : $592.00M

Return for Risk

SWK vs. AAP — Risk / Return Rank

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

SWK

SWK Risk / Return Rank: 62
SWK Sharpe Ratio Rank: 66
SWK Sortino Ratio Rank: 62
SWK Omega Ratio Rank: 58
SWK Calmar Ratio Rank: 61
SWK Martin Ratio Rank: 62

AAP

AAP Risk / Return Rank: 51
AAP Sharpe Ratio Rank: 52
AAP Sortino Ratio Rank: 50
AAP Omega Ratio Rank: 48
AAP Calmar Ratio Rank: 53
AAP Martin Ratio Rank: 53

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.

SWK vs. AAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stanley Black & Decker, Inc. (SWK) and Advance Auto Parts, Inc. (AAP). 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.

	SWK	AAP	Difference
Sharpe ratio Return per unit of total volatility	0.80	0.34	+0.46
Sortino ratio Return per unit of downside risk	1.35	0.89	+0.47
Omega ratio Gain probability vs. loss probability	1.16	1.10	+0.05
Calmar ratio Return relative to maximum drawdown	1.02	0.55	+0.48
Martin ratio Return relative to average drawdown	2.31	1.14	+1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWK vs. AAP - Sharpe Ratio Comparison

The current SWK Sharpe Ratio is 0.80, which is higher than the AAP Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of SWK and AAP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SWK	AAP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	0.34	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	-0.37	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	-0.18	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.18	+0.07

Drawdowns

SWK vs. AAP - Drawdown Comparison

The maximum SWK drawdown since its inception was -71.31%, smaller than the maximum AAP drawdown of -86.41%. Use the drawdown chart below to compare losses from any high point for SWK and AAP.

Drawdown Indicators

	SWK	AAP	Difference
Max Drawdown Largest peak-to-trough decline	-71.31%	-86.41%	+15.10%
Max Drawdown (1Y) Largest decline over 1 year	-26.14%	-41.44%	+15.30%
Max Drawdown (3Y) Largest decline over 3 years	-48.31%	-64.25%	+15.94%
Max Drawdown (5Y) Largest decline over 5 years	-70.25%	-86.41%	+16.16%
Max Drawdown (10Y) Largest decline over 10 years	-71.31%	-86.41%	+15.10%
Current Drawdown Current decline from peak	-57.40%	-73.44%	+16.04%
Average Drawdown Average peak-to-trough decline	-19.44%	-23.74%	+4.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.59%	19.86%	-8.27%

Volatility

SWK vs. AAP - Volatility Comparison

The current volatility for Stanley Black & Decker, Inc. (SWK) is 10.13%, while Advance Auto Parts, Inc. (AAP) has a volatility of 22.38%. This indicates that SWK experiences smaller price fluctuations and is considered to be less risky than AAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWK	AAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.13%	22.38%	-12.25%
Volatility (6M) Calculated over the trailing 6-month period	26.58%	38.70%	-12.12%
Volatility (1Y) Calculated over the trailing 1-year period	37.22%	53.78%	-16.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.54%	53.00%	-15.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.61%	45.07%	-8.46%

Dividends

SWK vs. AAP - Dividend Comparison

SWK's dividend yield for the trailing twelve months is around 4.18%, more than AAP's 1.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAP Advance Auto Parts, Inc.	1.73%	2.54%	2.11%	3.28%	4.08%	1.35%	0.63%	0.15%	0.15%	0.24%	0.14%	0.16%
SWK Stanley Black & Decker, Inc.	4.18%	4.44%	4.06%	3.28%	4.23%	1.58%	1.56%	1.63%	2.15%	1.43%	1.97%	2.01%

Financials

Frequently Asked Questions

Can I hold both SWK and AAP in my portfolio?

SWK and AAP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWK or AAP?

AAP has higher volatility (22.38%) compared to SWK (10.13%). In terms of maximum drawdown, SWK dropped -71.31% vs AAP's -86.41%.

Which has better risk-adjusted returns?

SWK currently has the higher Sharpe Ratio (0.80 vs 0.34), 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.