AAPL vs. ED
AAPL (Apple Inc) and ED (Consolidated Edison, Inc.) are both stocks. AAPL operates in Consumer Electronics (Technology), while ED operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, AAPL returned 29.36%/yr vs 7.01%/yr for ED. At a 0.14 correlation, their price movements are largely independent.
Performance
AAPL vs. ED - Performance Comparison
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Returns By Period
In the year-to-date period, AAPL achieves a 7.29% return, which is significantly lower than ED's 10.24% return. Over the past 10 years, AAPL has outperformed ED with an annualized return of 29.36%, while ED has yielded a comparatively lower 7.01% annualized return.
AAPL
- 1D
- -1.52%
- 1M
- -2.59%
- YTD
- 7.29%
- 6M
- 4.81%
- 1Y
- 46.73%
- 3Y*
- 17.21%
- 5Y*
- 18.59%
- 10Y*
- 29.36%
ED
- 1D
- 0.84%
- 1M
- 1.49%
- YTD
- 10.24%
- 6M
- 12.27%
- 1Y
- 7.29%
- 3Y*
- 9.08%
- 5Y*
- 10.68%
- 10Y*
- 7.01%
AAPL vs. ED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 7.29% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
ED Consolidated Edison, Inc. | 10.24% | 15.15% | 1.55% | -1.12% | 15.65% | 22.96% | -16.99% | 22.54% | -6.62% | 19.30% |
Correlation
The correlation between AAPL and ED is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 1980 | 0.14 |
The correlation between AAPL and ED shifts across timeframes, from -0.14 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AAPL:
$4.30T
ED:
$39.26B
AAPL:
$8.24
ED:
$5.94
AAPL:
35.35
ED:
18.13
AAPL:
4.65
ED:
1.29
AAPL:
9.60
ED:
2.27
AAPL:
40.37
ED:
1.67
AAPL:
$451.44B
ED:
$17.22B
AAPL:
$216.07B
ED:
$11.62B
AAPL:
$153.63B
ED:
$8.47B
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Return for Risk
AAPL vs. ED — Risk / Return Rank
AAPL
ED
AAPL vs. ED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and Consolidated Edison, Inc. (ED). 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 | ED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.08 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 0.76 | +2.64 |
| Martin ratioReturn relative to average drawdown | 8.47 | 1.59 | +6.88 |
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Drawdowns
AAPL vs. ED - Drawdown Comparison
The maximum AAPL drawdown since its inception was -81.80%, roughly equal to the maximum ED drawdown of -78.90%. Use the drawdown chart below to compare losses from any high point for AAPL and ED.
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Drawdown Indicators
| AAPL | ED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.80% | -78.90% | -2.90% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -9.63% | -4.17% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -17.36% | -16.00% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | -22.03% | -11.33% |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | -30.91% | -7.61% |
Current DrawdownCurrent decline from peak | -7.64% | -5.91% | -1.73% |
Average DrawdownAverage peak-to-trough decline | -29.59% | -13.24% | -16.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 4.59% | +0.94% |
Volatility
AAPL vs. ED - Volatility Comparison
Apple Inc (AAPL) has a higher volatility of 6.73% compared to Consolidated Edison, Inc. (ED) at 5.98%. This indicates that AAPL's price experiences larger fluctuations and is considered to be riskier than ED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAPL | ED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 5.98% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 16.53% | 12.27% | +4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 16.65% | +5.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 18.79% | +8.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.92% | 21.01% | +7.91% |
Dividends
AAPL vs. ED - Dividend Comparison
AAPL's dividend yield for the trailing twelve months is around 0.36%, less than ED's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.36% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
ED Consolidated Edison, Inc. | 3.23% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% |
Financials
AAPL vs. ED - Financials Comparison
This section allows you to compare key financial metrics between Apple Inc and Consolidated Edison, 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. ED - 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%.
ED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported a gross profit of 4.15B and revenue of 5.10B. Therefore, the gross margin over that period was 81.5%.
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%.
ED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported an operating income of 1.18B and revenue of 5.10B, resulting in an operating margin of 23.1%.
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%.
ED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported a net income of 924.00M and revenue of 5.10B, resulting in a net margin of 18.1%.
Frequently Asked Questions
AAPL and ED have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (6.73%) compared to ED (5.98%). In terms of maximum drawdown, AAPL dropped -81.80% vs ED's -78.90%.
AAPL currently has the higher Sharpe Ratio (2.07 vs 0.44), 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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