AAPL.NEO vs. AAPL
AAPL.NEO (Apple Inc CDR) and AAPL (Apple Inc) are both stocks. Both operate in the Consumer Electronics industry within the Technology sector. Over the past 3 years, AAPL.NEO returned 17.61%/yr vs 21.83%/yr for AAPL. Their correlation of 0.90 suggests significant overlap in exposure.
Performance
AAPL.NEO vs. AAPL - Performance Comparison
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Different Trading Currencies
AAPL.NEO is traded in CAD, while AAPL is traded in USD. To make them comparable, the AAPL values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AAPL.NEO achieves a 13.85% return, which is significantly lower than AAPL's 15.04% return.
AAPL.NEO
- 1D
- 0.48%
- 1M
- 8.14%
- YTD
- 13.85%
- 6M
- 10.83%
- 1Y
- 52.65%
- 3Y*
- 17.61%
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- -1.04%
- 1M
- 9.38%
- YTD
- 15.04%
- 6M
- 11.43%
- 1Y
- 56.77%
- 3Y*
- 21.83%
- 5Y*
- 23.66%
- 10Y*
- 31.03%
AAPL.NEO vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AAPL.NEO Apple Inc CDR | 13.85% | 6.55% | 29.10% | 47.14% | -27.57% | 19.47% |
AAPL Apple Inc | 15.04% | 4.05% | 41.93% | 45.73% | -21.16% | 20.38% |
Correlation
The correlation between AAPL.NEO and AAPL is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021 | 0.90 |
The correlation between AAPL.NEO and AAPL has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
Fundamentals
AAPL.NEO:
CA$651.80B
AAPL:
$4.54T
AAPL.NEO:
CA$7.56
AAPL:
$8.24
AAPL.NEO:
5.84
AAPL:
37.32
AAPL.NEO:
1.57
AAPL:
10.13
AAPL.NEO:
8.84
AAPL:
42.62
AAPL.NEO:
CA$416.16B
AAPL:
$451.44B
AAPL.NEO:
CA$195.20B
AAPL:
$216.07B
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Return for Risk
AAPL.NEO vs. AAPL — Risk / Return Rank
AAPL.NEO
AAPL
AAPL.NEO vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc CDR (AAPL.NEO) 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.
| AAPL.NEO | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.46 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 3.80 | -0.24 |
| Martin ratioReturn relative to average drawdown | 8.86 | 8.99 | -0.13 |
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
| AAPL.NEO | AAPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 2.54 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.90 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 1.14 | -0.58 |
Drawdowns
AAPL.NEO vs. AAPL - Drawdown Comparison
The maximum AAPL.NEO drawdown since its inception was -33.25%, smaller than the maximum AAPL drawdown of -40.80%. Use the drawdown chart below to compare losses from any high point for AAPL.NEO and AAPL.
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Drawdown Indicators
| AAPL.NEO | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.25% | -40.80% | +7.55% |
Max Drawdown (1Y)Largest decline over 1 year | -14.27% | -15.00% | +0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -33.25% | -34.02% | +0.77% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.10% | — |
Current DrawdownCurrent decline from peak | -1.14% | -1.80% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -9.54% | -8.85% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.74% | 6.33% | -0.59% |
Volatility
AAPL.NEO vs. AAPL - Volatility Comparison
Apple Inc CDR (AAPL.NEO) has a higher volatility of 5.40% compared to Apple Inc (AAPL) at 5.01%. This indicates that AAPL.NEO'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
| AAPL.NEO | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 5.01% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 16.08% | 16.28% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.25% | 22.49% | +0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.95% | 26.36% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.95% | 27.80% | +0.15% |
Dividends
AAPL.NEO vs. AAPL - Dividend Comparison
AAPL.NEO's dividend yield for the trailing twelve months is around 0.46%, more than AAPL's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.34% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
AAPL.NEO Apple Inc CDR | 0.46% | 0.53% | 0.54% | 0.67% | 0.91% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AAPL.NEO vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Apple Inc CDR 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
AAPL.NEO vs. AAPL - Profitability Comparison
AAPL.NEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apple Inc CDR reported a gross profit of 48.34B and revenue of 102.47B. Therefore, the gross margin over that period was 47.2%.
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%.
AAPL.NEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apple Inc CDR reported an operating income of 32.43B and revenue of 102.47B, resulting in an operating margin of 31.7%.
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%.
AAPL.NEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apple Inc CDR reported a net income of 27.47B and revenue of 102.47B, resulting in a net margin of 26.8%.
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
With a correlation of 0.91, AAPL.NEO and AAPL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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