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Introduction
More than 70% of American adults are either overweight or obese, with about 40% considered obese. CDC These are people who are told by doctors, wellness coaches, or even friends: “Just start exercising, and your cholesterol will drop.”
Many people start exercising to improve their health. Maybe you’re jogging, lifting weights, or attending fitness classes several times a week. But then they check their blood test, and the LDL cholesterol — the “bad cholesterol” — hasn’t gone down. It can feel like all that effort was wasted.
The truth is, your heart may still be getting healthier even if your LDL number doesn’t change. A large study from Norway, the Oslo Diet and Exercise Study, found that exercise lowered a different marker called ApoB, which reflects the actual number of cholesterol-carrying particles in your blood. And ApoB is a much stronger predictor of heart disease than LDL cholesterol.
In other words, exercise may be protecting your arteries in ways that a standard cholesterol test can’t show.
Beyond LDL: What ApoB and ApoA1 Really Mean
Most blood tests focus on LDL cholesterol (LDL-C), but this number only tells you how much cholesterol is inside LDL particles — not how many particles are floating in your bloodstream. That’s where Apolipoproteins come in.
ApoB (Apolipoprotein B): Every “bad” lipoprotein particle — including LDL, VLDL, and IDL — carries exactly one ApoB molecule.
This makes ApoB a direct particle count of all the atherogenic (plaque-causing) particles in your blood. The more particles, the greater the chance they can enter artery walls and cause damage.
ApoA1 (Apolipoprotein A1): This is the main protein found on HDL particles, the so-called “good cholesterol.”
ApoA1 helps remove cholesterol from the bloodstream and carries it back to the liver for disposal. Higher ApoA1 means stronger cholesterol-cleaning power.
ApoB/ApoA1 Ratio: This ratio shows the balance between bad and good particles. A higher ratio indicates a greater number of atherogenic particles compared to protective ones, while a lower ratio suggests a healthier profile.
Research indicates that the ApoB/ApoA1 ratio is often a more accurate predictor of heart disease risk than LDL cholesterol alone.
So, while LDL-C may not budge after exercise, reductions in ApoB and improvements in the ApoB/ApoA1 ratio can reveal real progress that standard cholesterol tests miss.
The Study: Exercise and Heart Health Beyond LDL
To better understand how exercise affects heart risk, researchers in Norway ran the Oslo Diet and Exercise Study (ODES).
Who participated?
188 overweight but otherwise healthy men, ages 40–49. All had low fitness, high cholesterol, or other early signs of heart risk.
What did they do?
Participants were randomly assigned to one of four groups for 1 year:
- Exercise only – Each exercise session lasted about one hour of endurance training, such as aerobics, circuit training, or fast walking/jogging. Sessions were offered three times a week at 60–80% of peak heart rate. Learn how to get that heart rate with – The Karvonen Target Heart Rate Calculator: A Smarter Way to Train Your Heart and Unlock Your Target Heart Rate Without A Monitor
- Diet only – eat less fat and cholesterol, eat more fish, and lose excess weight.
- Exercise + Diet – both of the above.
- Control – no major lifestyle changes.
What was measured?
Blood tests before and after the program were checked:
- LDL cholesterol (LDL-C) – the usual “bad cholesterol.”
- ApoB – a count of artery-clogging particles.
- ApoA1 – a marker of protective HDL.
- ApoB/ApoA1 ratio – the balance between bad and good particles.
Fitness, body weight, and waist size were also tracked.
What did they find?
After a year:
Outcomes by Group
- Control (no diet, no exercise):
- LDL cholesterol: little to no change.
- ApoB: no significant reduction.
- ApoB/ApoA1 ratio: remained largely the same.
- Fitness: unchanged.
- Exercise only (1-hour endurance training, 3x/week):
- LDL cholesterol: did not change much.
- ApoB: significantly reduced.
- ApoB/ApoA1 ratio: improved.
- Fitness: increased by about 12%.
- Waist size: modest reduction (~2.5 cm compared to controls).
- Diet only (reduced fat, more fish, calorie reduction):
- LDL cholesterol: modest decrease.
- ApoB: slight improvement, less than with exercise.
- ApoB/ApoA1 ratio: improved.
- Fitness: unchanged.
- Weight: reduced (more than exercise alone).
- Exercise + Diet (combined program):
- LDL cholesterol: still only modest changes.
- ApoB: largest reduction among all groups.
- ApoB/ApoA1 ratio: greatest improvement.
- Fitness: improved significantly.
- Weight and waist size: reduced the most.
In short, Exercise lowered ApoB (harmful particle count) even when LDL cholesterol didn’t move. Diet helped with weight loss, and combining both gave the strongest results

As the authors put it:
“Physical exercise reduced the atherogenic burden as experienced by the reduction in apoB or apoB/apoA-I levels, but not by LDL-C in healthy middle-aged men.”
Key insight: Exercise lowered the number of harmful particles (ApoB), even if the cholesterol inside them (LDL-C) stayed the same.
What This Means for You
If you’re overweight and working hard at the gym but your LDL cholesterol doesn’t go down, don’t lose hope. This study shows that exercise is still helping in powerful ways:
- Exercise lowers ApoB, the count of artery-clogging particles, even when LDL-C looks the same.
- Your heart risk improves because fewer harmful particles are circulating in your blood.
- The ApoB/ApoA1 ratio improves, meaning the balance shifts toward more protective “good” particles.
- Fitness gains add up — better endurance, smaller waist, and improved metabolism all reduce long-term disease risk.
Bottom line: Your blood tests may not tell the whole story if you only look at LDL cholesterol. Ask your doctor about ApoB and ApoA1 testing. These give a clearer picture of how exercise is really protecting your arteries and lowering your future risk of heart disease.
Action Steps You Can Take
- ✅ Stick with exercise — even if LDL doesn’t drop, it’s lowering ApoB and making your arteries safer.
- ✅ Ask for an ApoB test (and ApoB/ApoA1 ratio) during your next check-up for a clearer picture than LDL alone.
- ✅ Combine exercise with diet — eating less fat, more fish, and controlling calories improves results further.
- ✅ Track waist size, not just weight — losing even a few centimeters around the waist strengthens the benefits.
- ✅ Be patient — changes in particle counts and heart risk take months to show, but they are real and lasting.
Takeaway: Don’t rely only on LDL cholesterol as your “report card.” Exercise is helping in ways your usual lab test might not show.
This checklist provides practical steps to help you make the most of your exercise, protect your arteries, and measure progress more accurately. Use it as a quick guide and reminder that your effort is paying off, even if the usual LDL number doesn’t budge.
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Reference:
- Holme, Ingar, et al. “ApoB but Not LDL-Cholesterol Is Reduced by Exercise Training in Overweight Healthy Men: Results from the 1-Year Randomized Oslo Diet and Exercise Study.” Journal of Internal Medicine, vol. 262, no. 2, 2007, pp. 235–243. Wiley Online Library, https://doi.org/10.1111/j.1365-2796.2007.01806.x.
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