BWA vs. AAPL
BWA (BorgWarner Inc.) and AAPL (Apple Inc) are both stocks. BWA operates in Auto Parts (Consumer Cyclical), while AAPL operates in Consumer Electronics (Technology). Over the past 10 years, BWA returned 10.12%/yr vs 29.23%/yr for AAPL. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
BWA vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, BWA achieves a 42.21% return, which is significantly higher than AAPL's 13.84% return. Over the past 10 years, BWA has underperformed AAPL with an annualized return of 10.12%, while AAPL has yielded a comparatively higher 29.23% annualized return.
BWA
- 1D
- -1.04%
- 1M
- 0.35%
- 6M
- 35.16%
- YTD
- 42.21%
- 1Y
- 72.15%
- 3Y*
- 12.58%
- 5Y*
- 9.68%
- 10Y*
- 10.12%
- ALL TIME*
- 11.28%
AAPL
- 1D
- -7.35%
- 1M
- 0.09%
- 6M
- 19.27%
- YTD
- 13.84%
- 1Y
- 53.24%
- 3Y*
- 16.99%
- 5Y*
- 16.79%
- 10Y*
- 29.23%
- ALL TIME*
- 19.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AAPL Apple Inc | $19.18B | $17.68B | $17.20B |
| $127.54M | $141.73M | $209.78M |
BWA vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWA BorgWarner Inc. | 42.21% | 43.88% | -10.15% | 2.50% | -9.18% | 18.39% | -9.19% | 27.13% | -30.97% | 31.24% |
AAPL Apple Inc | 13.84% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between BWA and AAPL is 0.29, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.29 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 1993 | 0.28 |
Fundamentals
BWA:
$13.07B
AAPL:
$4.54T
BWA:
$1.70
AAPL:
$8.69
BWA:
37.43
AAPL:
35.54
BWA:
0.95
AAPL:
9.82
BWA:
2.42
AAPL:
42.38
BWA:
$14.33B
AAPL:
$466.82B
BWA:
$2.71B
AAPL:
$227.12B
BWA:
$1.88B
AAPL:
$168.49B
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Return for Risk
BWA vs. AAPL — Risk / Return Rank
BWA
AAPL
BWA vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BorgWarner Inc. (BWA) 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.
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.
| BWA | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.35 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 3.60 | -0.41 |
| Martin ratioReturn relative to average drawdown | 7.35 | 8.56 | -1.21 |
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Drawdowns
BWA vs. AAPL - Drawdown Comparison
The maximum BWA drawdown since its inception was -72.15%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for BWA and AAPL.
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Drawdown Indicators
| BWA | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.15% | -81.80% | +9.65% |
Max Drawdown (1Y)Largest decline over 1 year | -23.80% | -13.80% | -10.00% |
Max Drawdown (3Y)Largest decline over 3 years | -40.24% | -33.36% | -6.88% |
Max Drawdown (5Y)Largest decline over 5 years | -45.88% | -33.36% | -12.52% |
Max Drawdown (10Y)Largest decline over 10 years | -64.59% | -38.52% | -26.07% |
Current DrawdownCurrent decline from peak | -17.25% | -9.17% | -8.08% |
Average DrawdownAverage peak-to-trough decline | -21.99% | -29.52% | +7.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.31% | 5.79% | +4.52% |
Volatility
BWA vs. AAPL - Volatility Comparison
The current volatility for BorgWarner Inc. (BWA) is 8.18%, while Apple Inc (AAPL) has a volatility of 11.52%. This indicates that BWA 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.
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Volatility by Period
| BWA | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.18% | 11.52% | -3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 34.06% | 20.71% | +13.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.05% | 25.91% | +14.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.36% | 28.02% | +6.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.62% | 29.12% | +5.50% |
Dividends
BWA vs. AAPL - Dividend Comparison
BWA's dividend yield for the trailing twelve months is around 1.07%, more than AAPL's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.34% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
BWA BorgWarner Inc. | 1.07% | 1.24% | 1.38% | 1.45% | 1.69% | 1.51% | 1.76% | 1.57% | 1.96% | 1.15% | 1.34% | 1.20% |
Financials
BWA vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between BorgWarner Inc. and Apple 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
BWA vs. AAPL - Profitability Comparison
BWA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, BorgWarner Inc. reported a gross profit of 677.00M and revenue of 3.53B. Therefore, the gross margin over that period was 19.2%.
AAPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Apple Inc reported a gross profit of 54.77B and revenue of 109.42B. Therefore, the gross margin over that period was 50.1%.
BWA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, BorgWarner Inc. reported an operating income of 336.00M and revenue of 3.53B, resulting in an operating margin of 9.5%.
AAPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Apple Inc reported an operating income of 35.70B and revenue of 109.42B, resulting in an operating margin of 32.6%.
BWA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, BorgWarner Inc. reported a net income of 242.00M and revenue of 3.53B, resulting in a net margin of 6.9%.
AAPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Apple Inc reported a net income of 29.79B and revenue of 109.42B, resulting in a net margin of 27.2%.
Frequently Asked Questions
BWA and AAPL have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (11.52%) compared to BWA (8.18%). In terms of maximum drawdown, BWA dropped -72.15% vs AAPL's -81.80%.
BWA currently has the higher Sharpe Ratio (1.92 vs 1.92), 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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