AAPL vs. MSFT.TO
AAPL (Apple Inc) and MSFT.TO (Microsoft CDR (CAD Hedged)) are both stocks. Both are in the Technology sector — AAPL in Consumer Electronics, MSFT.TO in Software - Infrastructure. Over the past 3 years, AAPL returned 17.21%/yr vs 2.68%/yr for MSFT.TO. At a 0.45 correlation, their price movements are largely independent.
Performance
AAPL vs. MSFT.TO - Performance Comparison
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Different Trading Currencies
AAPL is traded in USD, while MSFT.TO is traded in CAD. To make them comparable, the MSFT.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AAPL achieves a 7.29% return, which is significantly higher than MSFT.TO's -21.31% return.
AAPL
- 1D
- -1.52%
- 1M
- -2.37%
- YTD
- 7.29%
- 6M
- 4.81%
- 1Y
- 48.78%
- 3Y*
- 17.21%
- 5Y*
- 18.59%
- 10Y*
- 29.36%
MSFT.TO
- 1D
- -0.11%
- 1M
- -6.20%
- YTD
- -21.31%
- 6M
- -20.17%
- 1Y
- -21.14%
- 3Y*
- 2.68%
- 5Y*
- —
- 10Y*
- —
AAPL vs. MSFT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AAPL Apple Inc | 7.29% | 9.05% | 30.71% | 49.01% | -14.79% |
MSFT.TO Microsoft CDR (CAD Hedged) | -21.31% | 18.04% | 2.58% | 60.16% | -13.06% |
Correlation
The correlation between AAPL and MSFT.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022 | 0.45 |
Over the past year, the correlation between AAPL and MSFT.TO has dropped to 0.12 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
Fundamentals
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Return for Risk
AAPL vs. MSFT.TO — Risk / Return Rank
AAPL
MSFT.TO
AAPL vs. MSFT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and Microsoft CDR (CAD Hedged) (MSFT.TO). 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 | MSFT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.97 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.87 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | -0.64 | +4.04 |
| Martin ratioReturn relative to average drawdown | 8.47 | -1.32 | +9.79 |
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Drawdowns
AAPL vs. MSFT.TO - Drawdown Comparison
The maximum AAPL drawdown since its inception was -81.80%, which is greater than MSFT.TO's maximum drawdown of -33.98%. Use the drawdown chart below to compare losses from any high point for AAPL and MSFT.TO.
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Drawdown Indicators
| AAPL | MSFT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.80% | -33.98% | -47.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -33.98% | +20.18% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -33.98% | +0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | — | — |
Current DrawdownCurrent decline from peak | -7.64% | -28.79% | +21.15% |
Average DrawdownAverage peak-to-trough decline | -29.59% | -10.97% | -18.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 16.37% | -10.84% |
Volatility
AAPL vs. MSFT.TO - Volatility Comparison
The current volatility for Apple Inc (AAPL) is 6.73%, while Microsoft CDR (CAD Hedged) (MSFT.TO) has a volatility of 10.90%. This indicates that AAPL experiences smaller price fluctuations and is considered to be less risky than MSFT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAPL | MSFT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 10.90% | -4.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.53% | 23.11% | -6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 26.32% | -3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 27.12% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.92% | 27.12% | +1.80% |
Dividends
AAPL vs. MSFT.TO - Dividend Comparison
AAPL's dividend yield for the trailing twelve months is around 0.36%, less than MSFT.TO's 0.92% 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% |
MSFT.TO Microsoft CDR (CAD Hedged) | 0.92% | 0.71% | 0.73% | 0.75% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AAPL vs. MSFT.TO - Financials Comparison
This section allows you to compare key financial metrics between Apple Inc and Microsoft CDR (CAD Hedged). 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
Frequently Asked Questions
AAPL and MSFT.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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