AAPL vs. UPST
AAPL (Apple Inc) and UPST (Upstart Holdings, Inc.) are both stocks. AAPL operates in Consumer Electronics (Technology), while UPST operates in Credit Services (Financial Services). Over the past 5 years, AAPL returned 19.46%/yr vs -27.28%/yr for UPST. At a 0.35 correlation, their price movements are largely independent.
Performance
AAPL vs. UPST - Performance Comparison
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Returns By Period
In the year-to-date period, AAPL achieves a 11.12% return, which is significantly higher than UPST's -29.11% return.
AAPL
- 1D
- -1.89%
- 1M
- 2.90%
- YTD
- 11.12%
- 6M
- 8.71%
- 1Y
- 48.46%
- 3Y*
- 19.11%
- 5Y*
- 19.46%
- 10Y*
- 29.63%
UPST
- 1D
- 4.24%
- 1M
- 7.04%
- YTD
- -29.11%
- 6M
- -33.92%
- 1Y
- -42.94%
- 3Y*
- -1.15%
- 5Y*
- -27.28%
- 10Y*
- —
AAPL vs. UPST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 11.12% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 3.76% |
UPST Upstart Holdings, Inc. | -29.11% | -28.98% | 50.69% | 209.08% | -91.26% | 271.29% | 56.73% |
Correlation
The correlation between AAPL and UPST is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2020 | 0.35 |
The correlation between AAPL and UPST shifts across timeframes, from 0.23 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AAPL:
$4.45T
UPST:
$3.00B
AAPL:
$8.24
UPST:
$0.47
AAPL:
36.61
UPST:
66.16
AAPL:
4.82
UPST:
0.28
AAPL:
9.94
UPST:
2.81
AAPL:
41.82
UPST:
4.10
AAPL:
$451.44B
UPST:
$1.16B
AAPL:
$216.07B
UPST:
$810.61M
AAPL:
$153.63B
UPST:
$67.66M
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Return for Risk
AAPL vs. UPST — Risk / Return Rank
AAPL
UPST
AAPL vs. UPST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and Upstart Holdings, Inc. (UPST). 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.
| AAPL | UPST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.78 | ||
| Sortino ratioReturn per unit of downside risk | +3.68 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.93 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | -0.60 | +4.13 |
| Martin ratioReturn relative to average drawdown | 8.89 | -0.91 | +9.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAPL | UPST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | -0.61 | +2.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | -0.26 | +0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.01 | +0.43 |
Drawdowns
AAPL vs. UPST - Drawdown Comparison
The maximum AAPL drawdown since its inception was -81.80%, smaller than the maximum UPST drawdown of -96.90%. Use the drawdown chart below to compare losses from any high point for AAPL and UPST.
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Drawdown Indicators
| AAPL | UPST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.80% | -96.90% | +15.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -71.21% | +57.41% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -72.72% | +39.36% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | -96.90% | +63.54% |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | — | — |
Current DrawdownCurrent decline from peak | -4.33% | -92.05% | +87.72% |
Average DrawdownAverage peak-to-trough decline | -29.60% | -76.19% | +46.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.48% | 47.16% | -41.68% |
Volatility
AAPL vs. UPST - Volatility Comparison
The current volatility for Apple Inc (AAPL) is 5.68%, while Upstart Holdings, Inc. (UPST) has a volatility of 21.23%. This indicates that AAPL experiences smaller price fluctuations and is considered to be less risky than UPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAPL | UPST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 21.23% | -15.55% |
Volatility (6M)Calculated over the trailing 6-month period | 15.99% | 50.15% | -34.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.41% | 71.16% | -48.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.47% | 103.83% | -76.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.91% | 114.00% | -85.09% |
Dividends
AAPL vs. UPST - Dividend Comparison
AAPL's dividend yield for the trailing twelve months is around 0.35%, while UPST has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.35% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
UPST Upstart Holdings, Inc. | 0.00% | 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. UPST - Financials Comparison
This section allows you to compare key financial metrics between Apple Inc and Upstart Holdings, 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. UPST - 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%.
UPST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported a gross profit of 0.00 and revenue of 308.21M. Therefore, the gross margin over that period was 0.0%.
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%.
UPST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported an operating income of -7.52M and revenue of 308.21M, resulting in an operating margin of -2.4%.
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%.
UPST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported a net income of -6.65M and revenue of 308.21M, resulting in a net margin of -2.2%.
Frequently Asked Questions
AAPL and UPST have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UPST has higher volatility (21.23%) compared to AAPL (5.68%). In terms of maximum drawdown, AAPL dropped -81.80% vs UPST's -96.90%.
AAPL currently has the higher Sharpe Ratio (2.18 vs -0.61), 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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