^DJUS vs. AAPL

Last updated Jun 3, 2026

^DJUS (Dow Jones U.S. Index) is an index, while AAPL (Apple Inc) is a stock. Over the past 10 years, ^DJUS returned 13.44%/yr vs 30.12%/yr for AAPL. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

^DJUS vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones U.S. Index (^DJUS) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^DJUS achieves a 11.30% return, which is significantly lower than AAPL's 14.34% return. Over the past 10 years, ^DJUS has underperformed AAPL with an annualized return of 13.44%, while AAPL has yielded a comparatively higher 30.12% annualized return.

^DJUS

• 1D: 0.22%
• 1M: 5.33%
• YTD: 11.30%
• 6M: 11.51%
• 1Y: 27.98%
• 3Y*: 20.99%
• 5Y*: 11.91%
• 10Y*: 13.44%

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%

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

^DJUS vs. AAPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^DJUS Dow Jones U.S. Index	11.30%	15.89%	22.77%	24.51%	-20.68%	24.80%	18.31%	28.62%	-6.76%	19.16%
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 ^DJUS and AAPL is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Feb 15, 2000	0.59

The correlation between ^DJUS and AAPL shifts across timeframes, from 0.49 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

^DJUS vs. AAPL — Risk / Return Rank

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

^DJUS

^DJUS Risk / Return Rank: 76
^DJUS Sharpe Ratio Rank: 73
^DJUS Sortino Ratio Rank: 73
^DJUS Omega Ratio Rank: 73
^DJUS Calmar Ratio Rank: 76
^DJUS Martin Ratio Rank: 84

AAPL

AAPL Risk / Return Rank: 89
AAPL Sharpe Ratio Rank: 91
AAPL Sortino Ratio Rank: 91
AAPL Omega Ratio Rank: 89
AAPL Calmar Ratio Rank: 87
AAPL Martin Ratio Rank: 86

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.

^DJUS vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Index (^DJUS) 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.

	^DJUS	AAPL	Difference
Sharpe ratio Return per unit of total volatility	2.33	2.40	-0.07
Sortino ratio Return per unit of downside risk	3.18	3.36	-0.19
Omega ratio Gain probability vs. loss probability	1.42	1.43	-0.01
Calmar ratio Return relative to maximum drawdown	3.13	3.88	-0.74
Martin ratio Return relative to average drawdown	14.33	9.76	+4.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^DJUS vs. AAPL - Sharpe Ratio Comparison

The current ^DJUS Sharpe Ratio is 2.33, which is comparable to the AAPL Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of ^DJUS and AAPL, 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

	^DJUS	AAPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.40	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.75	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	1.05	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.44	-0.11

Drawdowns

^DJUS vs. AAPL - Drawdown Comparison

The maximum ^DJUS drawdown since its inception was -56.62%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for ^DJUS and AAPL.

Drawdown Indicators

	^DJUS	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	-56.62%	-81.80%	+25.18%
Max Drawdown (1Y) Largest decline over 1 year	-9.09%	-13.80%	+4.71%
Max Drawdown (3Y) Largest decline over 3 years	-19.40%	-33.36%	+13.96%
Max Drawdown (5Y) Largest decline over 5 years	-26.24%	-33.36%	+7.12%
Max Drawdown (10Y) Largest decline over 10 years	-45.22%	-38.52%	-6.70%
Current Drawdown Current decline from peak	0.00%	-1.57%	+1.57%
Average Drawdown Average peak-to-trough decline	-13.34%	-29.61%	+16.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	5.47%	-3.48%

Volatility

^DJUS vs. AAPL - Volatility Comparison

The current volatility for Dow Jones U.S. Index (^DJUS) is 2.89%, while Apple Inc (AAPL) has a volatility of 5.46%. This indicates that ^DJUS experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^DJUS	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	5.46%	-2.57%
Volatility (6M) Calculated over the trailing 6-month period	9.10%	15.91%	-6.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.06%	22.32%	-10.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.27%	27.46%	-10.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.00%	28.89%	-8.89%

Frequently Asked Questions

Can I hold both ^DJUS and AAPL in my portfolio?

^DJUS and AAPL have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ^DJUS or AAPL?

AAPL has higher volatility (5.46%) compared to ^DJUS (2.89%). In terms of maximum drawdown, ^DJUS dropped -56.62% vs AAPL's -81.80%.

Which has better risk-adjusted returns?

AAPL currently has the higher Sharpe Ratio (2.40 vs 2.33), 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.