AAPL vs. MS
AAPL (Apple Inc) and MS (Morgan Stanley) are both stocks. AAPL operates in Consumer Electronics (Technology), while MS operates in Capital Markets (Financial Services). Over the past 10 years, AAPL returned 29.36%/yr vs 27.71%/yr for MS. At a 0.32 correlation, their price movements are largely independent.
Performance
AAPL vs. MS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AAPL achieves a 7.29% return, which is significantly lower than MS's 21.88% return. Over the past 10 years, AAPL has outperformed MS with an annualized return of 29.36%, while MS has yielded a comparatively lower 27.71% annualized return.
AAPL
- 1D
- -1.52%
- 1M
- -3.03%
- YTD
- 7.29%
- 6M
- 4.81%
- 1Y
- 48.78%
- 3Y*
- 17.21%
- 5Y*
- 18.59%
- 10Y*
- 29.36%
MS
- 1D
- 0.65%
- 1M
- 11.18%
- YTD
- 21.88%
- 6M
- 21.28%
- 1Y
- 69.28%
- 3Y*
- 38.69%
- 5Y*
- 22.26%
- 10Y*
- 27.71%
AAPL vs. MS - 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% |
MS Morgan Stanley | 21.88% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -22.76% | 26.61% |
Correlation
The correlation between AAPL and MS is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 1993 | 0.32 |
The correlation between AAPL and MS shifts across timeframes, from 0.27 (3 years) to 0.37 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AAPL:
$4.30T
MS:
$340.97B
AAPL:
$8.24
MS:
$11.41
AAPL:
35.35
MS:
18.75
AAPL:
4.65
MS:
1.76
AAPL:
9.60
MS:
2.84
AAPL:
40.37
MS:
3.26
AAPL:
$451.44B
MS:
$120.22B
AAPL:
$216.07B
MS:
$69.72B
AAPL:
$153.63B
MS:
$27.21B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AAPL vs. MS — Risk / Return Rank
AAPL
MS
AAPL vs. MS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and Morgan Stanley (MS). 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 | MS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.43 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 3.53 | -0.13 |
| Martin ratioReturn relative to average drawdown | 8.47 | 11.65 | -3.18 |
Loading charts...
Drawdowns
AAPL vs. MS - Drawdown Comparison
The maximum AAPL drawdown since its inception was -81.80%, smaller than the maximum MS drawdown of -88.12%. Use the drawdown chart below to compare losses from any high point for AAPL and MS.
Loading charts...
Drawdown Indicators
| AAPL | MS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.80% | -88.12% | +6.32% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -18.83% | +5.03% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -29.24% | -4.12% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | -32.38% | -0.98% |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | -51.33% | +12.81% |
Current DrawdownCurrent decline from peak | -7.64% | -1.94% | -5.70% |
Average DrawdownAverage peak-to-trough decline | -29.59% | -33.69% | +4.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 5.70% | -0.17% |
Volatility
AAPL vs. MS - Volatility Comparison
The current volatility for Apple Inc (AAPL) is 6.73%, while Morgan Stanley (MS) has a volatility of 8.62%. This indicates that AAPL experiences smaller price fluctuations and is considered to be less risky than MS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AAPL | MS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 8.62% | -1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 16.53% | 21.46% | -4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 25.81% | -3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 28.75% | -1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.92% | 31.51% | -2.59% |
Dividends
AAPL vs. MS - Dividend Comparison
AAPL's dividend yield for the trailing twelve months is around 0.36%, less than MS's 1.87% 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% |
MS Morgan Stanley | 1.87% | 2.17% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% |
Financials
AAPL vs. MS - Financials Comparison
This section allows you to compare key financial metrics between Apple Inc and Morgan Stanley. 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. MS - 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%.
MS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a gross profit of 20.48B and revenue of 33.15B. Therefore, the gross margin over that period was 61.8%.
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%.
MS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported an operating income of 7.01B and revenue of 33.15B, resulting in an operating margin of 21.2%.
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%.
MS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a net income of 5.64B and revenue of 33.15B, resulting in a net margin of 17.0%.
Frequently Asked Questions
AAPL and MS have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MS has higher volatility (8.62%) compared to AAPL (6.73%). In terms of maximum drawdown, AAPL dropped -81.80% vs MS's -88.12%.
MS currently has the higher Sharpe Ratio (2.58 vs 2.07), 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.
Find the right allocation for AAPL and MS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer