AAPL vs. GOLD

Last updated Jun 13, 2026

AAPL (Apple Inc) and GOLD (Barrick Mining Corporation) are both stocks. AAPL operates in Consumer Electronics (Technology), while GOLD operates in Gold (Basic Materials). At a 0.09 correlation, their price movements are largely independent.

Performance

AAPL vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apple Inc (AAPL) and Barrick Mining Corporation (GOLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAPL achieves a 7.29% return, which is significantly lower than GOLD's 31.00% 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%

GOLD

• 1D: 2.17%
• 1M: 7.64%
• YTD: 31.00%
• 6M: 40.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AAPL vs. GOLD - Yearly Performance Comparison

	2026 (YTD)	2025
AAPL Apple Inc	7.29%	-3.97%
GOLD Barrick Mining Corporation	31.00%	13.01%

Correlation

The correlation between AAPL and GOLD is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	0.09

Fundamentals

Market Cap AAPL : $4.30T GOLD : $1.17B
EPS AAPL : $8.24 GOLD : $3.06
PE Ratio AAPL : 35.35 GOLD : 14.44
PS Ratio AAPL : 9.60 GOLD : 0.05
PB Ratio AAPL : 40.37 GOLD : 1.38
Total Revenue (TTM) AAPL : $451.44B GOLD : $23.02B
Gross Profit (TTM) AAPL : $216.07B GOLD : $169.58M
EBITDA (TTM) AAPL : $153.63B GOLD : -$162.41M

Return for Risk

AAPL vs. GOLD — Risk / Return Rank

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

AAPL

AAPL Risk / Return Rank: 88
AAPL Sharpe Ratio Rank: 90
AAPL Sortino Ratio Rank: 89
AAPL Omega Ratio Rank: 88
AAPL Calmar Ratio Rank: 86
AAPL Martin Ratio Rank: 86

GOLD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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 vs. GOLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and Barrick Mining Corporation (GOLD). 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	GOLD	Difference
Sharpe ratio: Return per unit of total volatility	2.07	—	—
Sortino ratio: Return per unit of downside risk	2.93	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.40	—	—
Martin ratio: Return relative to average drawdown	8.47	—	—

Drawdowns

AAPL vs. GOLD - Drawdown Comparison

The maximum AAPL drawdown since its inception was -81.80%, which is greater than GOLD's maximum drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for AAPL and GOLD.

Drawdown Indicators

	AAPL	GOLD	Difference
Max Drawdown Largest peak-to-trough decline	-81.80%	-40.58%	-41.22%
Max Drawdown (1Y) Largest decline over 1 year	-13.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.36%	—	—
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	-7.64%	-30.46%	+22.82%
Average Drawdown Average peak-to-trough decline	-29.59%	-18.05%	-11.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.53%	—	—

Volatility

Volatility by Period

	AAPL	GOLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.64%	58.55%	-35.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.52%	58.55%	-31.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.92%	58.55%	-29.63%

Dividends

AAPL vs. GOLD - Dividend Comparison

AAPL's dividend yield for the trailing twelve months is around 0.36%, less than GOLD's 0.90% 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%
GOLD Barrick Mining Corporation	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

AAPL vs. GOLD - Profitability Comparison

The chart below illustrates the profitability comparison between Apple Inc and Barrick Mining Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

GOLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a gross profit of 176.58M and revenue of 10.35B. Therefore, the gross margin over that period was 1.7%.

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%.

GOLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported an operating income of 106.13M and revenue of 10.35B, resulting in an operating margin of 1.0%.

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%.

GOLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a net income of 59.49M and revenue of 10.35B, resulting in a net margin of 0.6%.

Frequently Asked Questions

Can I hold both AAPL and GOLD in my portfolio?

AAPL and GOLD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.