AAPL vs. MSCI
AAPL (Apple Inc) and MSCI (MSCI Inc.) are both stocks. AAPL operates in Consumer Electronics (Technology), while MSCI operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, AAPL returned 29.36%/yr vs 24.54%/yr for MSCI. At a 0.42 correlation, their price movements are largely independent.
Performance
AAPL vs. MSCI - Performance Comparison
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Returns By Period
In the year-to-date period, AAPL achieves a 7.29% return, which is significantly higher than MSCI's 5.22% return. Over the past 10 years, AAPL has outperformed MSCI with an annualized return of 29.36%, while MSCI has yielded a comparatively lower 24.54% 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%
MSCI
- 1D
- 0.81%
- 1M
- 6.66%
- YTD
- 5.22%
- 6M
- 9.54%
- 1Y
- 11.93%
- 3Y*
- 9.01%
- 5Y*
- 5.72%
- 10Y*
- 24.54%
AAPL vs. MSCI - Yearly Performance Comparison
Correlation
The correlation between AAPL and MSCI is 0.06, 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 (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2007 | 0.42 |
Over the past year, the correlation between AAPL and MSCI has dropped to 0.06 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
Fundamentals
AAPL:
$4.30T
MSCI:
$43.98B
AAPL:
$8.24
MSCI:
$17.28
AAPL:
35.35
MSCI:
34.67
AAPL:
4.65
MSCI:
2.15
AAPL:
9.60
MSCI:
14.12
AAPL:
$451.44B
MSCI:
$3.24B
AAPL:
$216.07B
MSCI:
$2.68B
AAPL:
$153.63B
MSCI:
$1.99B
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Return for Risk
AAPL vs. MSCI — Risk / Return Rank
AAPL
MSCI
AAPL vs. MSCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and MSCI Inc. (MSCI). 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 | MSCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.09 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 0.52 | +2.88 |
| Martin ratioReturn relative to average drawdown | 8.47 | 1.37 | +7.11 |
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Drawdowns
AAPL vs. MSCI - Drawdown Comparison
The maximum AAPL drawdown since its inception was -81.80%, which is greater than MSCI's maximum drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for AAPL and MSCI.
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Drawdown Indicators
| AAPL | MSCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.80% | -69.06% | -12.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -18.07% | +4.27% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -25.99% | -7.37% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | -43.74% | +10.38% |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | -43.74% | +5.22% |
Current DrawdownCurrent decline from peak | -7.64% | -6.94% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -29.59% | -13.07% | -16.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 6.92% | -1.39% |
Volatility
AAPL vs. MSCI - Volatility Comparison
The current volatility for Apple Inc (AAPL) is 6.73%, while MSCI Inc. (MSCI) has a volatility of 8.37%. This indicates that AAPL experiences smaller price fluctuations and is considered to be less risky than MSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAPL | MSCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 8.37% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 16.53% | 20.91% | -4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 28.70% | -6.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 30.72% | -3.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.92% | 31.18% | -2.26% |
Dividends
AAPL vs. MSCI - Dividend Comparison
AAPL's dividend yield for the trailing twelve months is around 0.36%, less than MSCI's 1.29% yield.
Financials
AAPL vs. MSCI - Financials Comparison
This section allows you to compare key financial metrics between Apple Inc and MSCI 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. MSCI - 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%.
MSCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MSCI Inc. reported a gross profit of 709.00M and revenue of 850.80M. Therefore, the gross margin over that period was 83.3%.
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%.
MSCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MSCI Inc. reported an operating income of 456.90M and revenue of 850.80M, resulting in an operating margin of 53.7%.
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%.
MSCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MSCI Inc. reported a net income of 406.00M and revenue of 850.80M, resulting in a net margin of 47.7%.
Frequently Asked Questions
AAPL and MSCI have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSCI has higher volatility (8.37%) compared to AAPL (6.73%). In terms of maximum drawdown, AAPL dropped -81.80% vs MSCI's -69.06%.
AAPL currently has the higher Sharpe Ratio (2.07 vs 0.33), 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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