AAPL.TO vs. AAPL

Last updated Apr 2, 2026

Compare and contrast key facts about Apple CDR (CAD Hedged) (AAPL.TO) and Apple Inc (AAPL).

Performance

AAPL.TO vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Apple CDR (CAD Hedged) (AAPL.TO) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

AAPL.TO vs. AAPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AAPL.TO Apple CDR (CAD Hedged)	-6.24%	6.36%	29.57%	46.85%	-27.69%	19.43%
AAPL Apple Inc	-4.69%	4.05%	41.93%	45.73%	-21.16%	20.38%

Different Trading Currencies

AAPL.TO 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.TO achieves a -6.24% return, which is significantly lower than AAPL's -5.30% return.

AAPL.TO

• 1D: 0.94%
• 1M: -3.73%
• YTD: -6.24%
• 6M: -0.74%
• 1Y: 12.77%
• 3Y*: 14.43%
• 5Y*: —
• 10Y*: —

AAPL

• 1D: 0.00%
• 1M: -2.49%
• YTD: -5.30%
• 6M: -0.66%
• 1Y: 11.05%
• 3Y*: 17.12%
• 5Y*: 18.62%
• 10Y*: 26.97%

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

Return for Risk

AAPL.TO vs. AAPL — Risk / Return Rank

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

AAPL.TO

AAPL.TO Risk / Return Rank: 53
AAPL.TO Sharpe Ratio Rank: 55
AAPL.TO Sortino Ratio Rank: 49
AAPL.TO Omega Ratio Rank: 51
AAPL.TO Calmar Ratio Rank: 54
AAPL.TO Martin Ratio Rank: 58

AAPL

AAPL Risk / Return Rank: 56
AAPL Sharpe Ratio Rank: 58
AAPL Sortino Ratio Rank: 53
AAPL Omega Ratio Rank: 54
AAPL Calmar Ratio Rank: 57
AAPL Martin Ratio Rank: 61

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.

AAPL.TO vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apple CDR (CAD Hedged) (AAPL.TO) 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.TO	AAPL	Difference
Sharpe ratio Return per unit of total volatility	0.40	0.35	+0.05
Sortino ratio Return per unit of downside risk	0.83	0.73	+0.09
Omega ratio Gain probability vs. loss probability	1.12	1.11	+0.01
Calmar ratio Return relative to maximum drawdown	0.59	0.48	+0.11
Martin ratio Return relative to average drawdown	1.74	1.19	+0.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAPL.TO vs. AAPL - Sharpe Ratio Comparison

The current AAPL.TO Sharpe Ratio is 0.40, which is comparable to the AAPL Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of AAPL.TO and AAPL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AAPL.TO	AAPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	0.35	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	1.10	-0.69

Correlation

The correlation between AAPL.TO and AAPL is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AAPL.TO vs. AAPL - Dividend Comparison

AAPL.TO's dividend yield for the trailing twelve months is around 0.41%, which matches AAPL's 0.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAPL.TO Apple CDR (CAD Hedged)	0.41%	0.38%	0.85%	0.49%	0.70%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AAPL Apple Inc	0.41%	0.38%	0.40%	0.49%	0.70%	0.49%	0.61%	1.04%	1.79%	1.45%	1.93%	1.93%

Drawdowns

AAPL.TO vs. AAPL - Drawdown Comparison

The maximum AAPL.TO drawdown since its inception was -33.28%, smaller than the maximum AAPL drawdown of -40.80%. Use the drawdown chart below to compare losses from any high point for AAPL.TO and AAPL.

Drawdown Indicators

	AAPL.TO	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	-33.28%	-81.80%	+48.52%
Max Drawdown (1Y) Largest decline over 1 year	-22.58%	-22.99%	+0.41%
Max Drawdown (5Y) Largest decline over 5 years	—	-33.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.52%	—
Current Drawdown Current decline from peak	-11.07%	-10.59%	-0.48%
Average Drawdown Average peak-to-trough decline	-9.80%	-29.71%	+19.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.65%	7.41%	+0.24%

Volatility

AAPL.TO vs. AAPL - Volatility Comparison

Apple CDR (CAD Hedged) (AAPL.TO) has a higher volatility of 5.80% compared to Apple Inc (AAPL) at 5.37%. This indicates that AAPL.TO'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.

Volatility by Period

	AAPL.TO	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.80%	5.37%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	16.22%	15.55%	+0.67%
Volatility (1Y) Calculated over the trailing 1-year period	31.90%	31.47%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.15%	26.33%	+1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.15%	27.87%	+0.28%

Financials