Originally posted by rlatjsrud That's my question.
You could ask the question the other way around for something a bit more interesting.
Does aperture affect Dynamic Range?
It is actually a very good question and something that I have experimented with some.
I would recommend trying an experiment though. Get a tripod and find a scene that has controlled Dynamic Range (IE lighting).
Open your lens all the way and take shots at ISO 100 at whatever shutter speeds are needed. Then bump it up to ISO 200 and repeat. then 400 and repeat. At 800 you can stop.
Then close down a stop or two and repeat. And then close down a stop or two again and repeat again.
It wouldn't be hard you just have to be consistent and maybe take notes of what you are doing.
Finding that 'right' ISO/shutter speed/aperture combo isn't always as easy as it looks.