BGRN vs. AAPL

Last updated Apr 2, 2026

Compare and contrast key facts about iShares USD Green Bond ETF (BGRN) and Apple Inc (AAPL).

BGRN is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI USD Green Bond Select Index. It was launched on Nov 13, 2018.

Performance

BGRN vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares USD Green Bond ETF (BGRN) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

BGRN vs. AAPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BGRN iShares USD Green Bond ETF	-0.35%	7.27%	2.77%	6.50%	-13.06%	-2.80%	6.86%	9.70%	1.14%
AAPL Apple Inc	-5.88%	9.05%	30.71%	49.01%	-26.40%	34.65%	82.31%	88.96%	-9.47%

Returns By Period

In the year-to-date period, BGRN achieves a -0.35% return, which is significantly higher than AAPL's -5.88% return.

BGRN

• 1D: -0.08%
• 1M: -1.27%
• YTD: -0.35%
• 6M: 0.46%
• 1Y: 4.44%
• 3Y*: 4.34%
• 5Y*: 0.29%
• 10Y*: —

AAPL

• 1D: 0.73%
• 1M: -3.43%
• YTD: -5.88%
• 6M: 0.26%
• 1Y: 15.03%
• 3Y*: 16.29%
• 5Y*: 16.37%
• 10Y*: 26.22%

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

Return for Risk

BGRN vs. AAPL — Risk / Return Rank

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

BGRN

BGRN Risk / Return Rank: 67
BGRN Sharpe Ratio Rank: 69
BGRN Sortino Ratio Rank: 69
BGRN Omega Ratio Rank: 61
BGRN Calmar Ratio Rank: 72
BGRN Martin Ratio Rank: 65

AAPL

AAPL Risk / Return Rank: 56
AAPL Sharpe Ratio Rank: 58
AAPL Sortino Ratio Rank: 53
AAPL Omega Ratio Rank: 54
AAPL Calmar Ratio Rank: 57
AAPL Martin Ratio Rank: 61

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.

BGRN vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD Green Bond ETF (BGRN) and Apple Inc (AAPL). 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.

	BGRN	AAPL	Difference
Sharpe ratio Return per unit of total volatility	1.26	0.48	+0.78
Sortino ratio Return per unit of downside risk	1.80	0.93	+0.87
Omega ratio Gain probability vs. loss probability	1.24	1.13	+0.10
Calmar ratio Return relative to maximum drawdown	2.01	0.68	+1.34
Martin ratio Return relative to average drawdown	6.94	2.10	+4.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BGRN vs. AAPL - Sharpe Ratio Comparison

The current BGRN Sharpe Ratio is 1.26, which is higher than the AAPL Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of BGRN and AAPL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BGRN	AAPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	0.48	+0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.60	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.43	0.00

Correlation

The correlation between BGRN and AAPL is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BGRN vs. AAPL - Dividend Comparison

BGRN's dividend yield for the trailing twelve months is around 4.27%, more than AAPL's 0.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGRN iShares USD Green Bond ETF	4.27%	4.21%	4.07%	3.52%	2.66%	0.78%	1.82%	3.66%	0.21%	0.00%	0.00%	0.00%
AAPL Apple Inc	0.41%	0.38%	0.40%	0.49%	0.70%	0.49%	0.61%	1.04%	1.79%	1.45%	1.93%	1.93%

Drawdowns

BGRN vs. AAPL - Drawdown Comparison

The maximum BGRN drawdown since its inception was -19.16%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for BGRN and AAPL.

Drawdown Indicators

	BGRN	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	-19.16%	-81.80%	+62.64%
Max Drawdown (1Y) Largest decline over 1 year	-2.23%	-22.99%	+20.76%
Max Drawdown (5Y) Largest decline over 5 years	-18.73%	-33.36%	+14.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.52%	—
Current Drawdown Current decline from peak	-1.61%	-10.59%	+8.98%
Average Drawdown Average peak-to-trough decline	-5.90%	-29.71%	+23.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.65%	7.41%	-6.76%

Volatility

BGRN vs. AAPL - Volatility Comparison

The current volatility for iShares USD Green Bond ETF (BGRN) is 1.45%, while Apple Inc (AAPL) has a volatility of 5.65%. This indicates that BGRN experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGRN	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	5.65%	-4.20%
Volatility (6M) Calculated over the trailing 6-month period	2.04%	15.11%	-13.07%
Volatility (1Y) Calculated over the trailing 1-year period	3.53%	31.61%	-28.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.46%	27.46%	-22.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.03%	28.93%	-23.90%