AAPL vs. AVGO
AAPL (Apple Inc) and AVGO (Broadcom Inc.) are both stocks. Both are in the Technology sector — AAPL in Consumer Electronics, AVGO in Semiconductors. Over the past 10 years, AAPL returned 30.00%/yr vs 40.98%/yr for AVGO. At a 0.47 correlation, their price movements are largely independent.
Performance
AAPL vs. AVGO - Performance Comparison
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Returns By Period
In the year-to-date period, AAPL achieves a 10.28% return, which is significantly higher than AVGO's 9.07% return. Over the past 10 years, AAPL has underperformed AVGO with an annualized return of 30.00%, while AVGO has yielded a comparatively higher 40.98% annualized return.
AAPL
- 1D
- 0.95%
- 1M
- -0.33%
- YTD
- 10.28%
- 6M
- 9.17%
- 1Y
- 51.41%
- 3Y*
- 17.95%
- 5Y*
- 18.43%
- 10Y*
- 30.00%
AVGO
- 1D
- -4.37%
- 1M
- -11.40%
- YTD
- 9.07%
- 6M
- 10.82%
- 1Y
- 50.64%
- 3Y*
- 65.29%
- 5Y*
- 54.62%
- 10Y*
- 40.98%
AAPL vs. AVGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 10.28% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
AVGO Broadcom Inc. | 9.07% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
Correlation
The correlation between AAPL and AVGO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2009 | 0.47 |
Over the past year, the correlation between AAPL and AVGO has dropped to 0.23 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
Fundamentals
AAPL:
$4.42T
AVGO:
$1.84T
AAPL:
$8.24
AVGO:
$6.01
AAPL:
36.33
AVGO:
62.68
AAPL:
4.78
AVGO:
0.78
AAPL:
9.87
AVGO:
24.35
AAPL:
41.50
AVGO:
20.95
AAPL:
$451.44B
AVGO:
$75.47B
AAPL:
$216.07B
AVGO:
$50.53B
AAPL:
$153.63B
AVGO:
$42.03B
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Return for Risk
AAPL vs. AVGO — Risk / Return Rank
AAPL
AVGO
AAPL vs. AVGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and Broadcom Inc. (AVGO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAPL | AVGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.22 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.74 | 1.78 | +1.97 |
| Martin ratioReturn relative to average drawdown | 9.29 | 4.09 | +5.20 |
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Drawdowns
AAPL vs. AVGO - Drawdown Comparison
The maximum AAPL drawdown since its inception was -81.80%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for AAPL and AVGO.
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Drawdown Indicators
| AAPL | AVGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.80% | -48.30% | -33.50% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -28.67% | +14.87% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -41.15% | +7.79% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | -41.15% | +7.79% |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | -48.30% | +9.78% |
Current DrawdownCurrent decline from peak | -5.06% | -21.77% | +16.71% |
Average DrawdownAverage peak-to-trough decline | -29.59% | -7.99% | -21.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.55% | 12.43% | -6.88% |
Volatility
AAPL vs. AVGO - Volatility Comparison
The current volatility for Apple Inc (AAPL) is 7.03%, while Broadcom Inc. (AVGO) has a volatility of 20.16%. This indicates that AAPL experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAPL | AVGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.03% | 20.16% | -13.13% |
Volatility (6M)Calculated over the trailing 6-month period | 16.64% | 33.27% | -16.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.66% | 45.78% | -23.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 43.46% | -15.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.93% | 39.56% | -10.63% |
Dividends
AAPL vs. AVGO - Dividend Comparison
AAPL's dividend yield for the trailing twelve months is around 0.35%, less than AVGO's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.35% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
AVGO Broadcom Inc. | 0.66% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
Financials
AAPL vs. AVGO - Financials Comparison
This section allows you to compare key financial metrics between Apple Inc and Broadcom 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 vs. AVGO - Profitability Comparison
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%.
AVGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.
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%.
AVGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.
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%.
AVGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.
Frequently Asked Questions
AAPL and AVGO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (20.16%) compared to AAPL (7.03%). In terms of maximum drawdown, AAPL dropped -81.80% vs AVGO's -48.30%.
AAPL currently has the higher Sharpe Ratio (2.28 vs 1.11), 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.
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