FTZIX vs. AAPL

Last updated Jun 24, 2026

FTZIX (Fuller & Thaler Behavioral Unconstrained Equity Fund) is Large Cap Blend Equities fund managed by Fuller & Thaler Asset Mgmt, while AAPL (Apple Inc) is a stock. Over the past 5 years, FTZIX returned 14.61%/yr vs 17.74%/yr for AAPL. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

FTZIX vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fuller & Thaler Behavioral Unconstrained Equity Fund (FTZIX) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTZIX achieves a 21.74% return, which is significantly higher than AAPL's 8.46% return.

FTZIX

• 1D: 0.61%
• 1M: 8.12%
• YTD: 21.74%
• 6M: 19.72%
• 1Y: 45.42%
• 3Y*: 28.15%
• 5Y*: 14.61%
• 10Y*: —

AAPL

• 1D: -0.91%
• 1M: -4.70%
• YTD: 8.46%
• 6M: 8.26%
• 1Y: 46.63%
• 3Y*: 16.93%
• 5Y*: 17.74%
• 10Y*: 30.05%

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

FTZIX vs. AAPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTZIX Fuller & Thaler Behavioral Unconstrained Equity Fund	21.74%	22.63%	25.31%	27.18%	-21.31%	25.25%	19.60%	33.70%	0.00%
AAPL Apple Inc	8.46%	9.05%	30.71%	49.01%	-26.40%	34.65%	82.31%	88.96%	0.97%

Correlation

The correlation between FTZIX and AAPL is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Dec 31, 2018	0.55

The correlation between FTZIX and AAPL shifts across timeframes, from 0.37 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FTZIX vs. AAPL — Risk / Return Rank

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

FTZIX

FTZIX Risk / Return Rank: 90
FTZIX Sharpe Ratio Rank: 92
FTZIX Sortino Ratio Rank: 89
FTZIX Omega Ratio Rank: 80
FTZIX Calmar Ratio Rank: 95
FTZIX Martin Ratio Rank: 95

AAPL

AAPL Risk / Return Rank: 87
AAPL Sharpe Ratio Rank: 89
AAPL Sortino Ratio Rank: 88
AAPL Omega Ratio Rank: 88
AAPL Calmar Ratio Rank: 86
AAPL Martin Ratio Rank: 85

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.

FTZIX vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fuller & Thaler Behavioral Unconstrained Equity Fund (FTZIX) 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.

	FTZIX	AAPL	Difference
Sharpe ratio: Return per unit of total volatility	2.86	2.08	+0.78
Sortino ratio: Return per unit of downside risk	3.98	2.94	+1.04
Omega ratio: Gain probability vs. loss probability	1.47	1.38	+0.10
Calmar ratio: Return relative to maximum drawdown	5.30	3.40	+1.90
Martin ratio: Return relative to average drawdown	20.46	8.35	+12.11

FTZIX vs. AAPL - Sharpe Ratio Comparison

The current FTZIX Sharpe Ratio is 2.86, which is higher than the AAPL Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FTZIX and AAPL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTZIX vs. AAPL - Drawdown Comparison

The maximum FTZIX drawdown since its inception was -37.22%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for FTZIX and AAPL.

Drawdown Indicators

	FTZIX	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	-37.22%	-81.80%	+44.58%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-13.80%	+4.77%
Max Drawdown (3Y) Largest decline over 3 years	-18.65%	-33.36%	+14.71%
Max Drawdown (5Y) Largest decline over 5 years	-29.53%	-33.36%	+3.83%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.52%	—
Current Drawdown Current decline from peak	0.00%	-6.63%	+6.63%
Average Drawdown Average peak-to-trough decline	-6.46%	-29.58%	+23.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	5.60%	-3.27%

Volatility

FTZIX vs. AAPL - Volatility Comparison

The current volatility for Fuller & Thaler Behavioral Unconstrained Equity Fund (FTZIX) is 5.03%, while Apple Inc (AAPL) has a volatility of 6.98%. This indicates that FTZIX 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

	FTZIX	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	6.98%	-1.95%
Volatility (6M) Calculated over the trailing 6-month period	13.35%	16.62%	-3.27%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	22.57%	-5.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.51%	27.52%	-8.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.33%	28.92%	-6.59%

Dividends

FTZIX vs. AAPL - Dividend Comparison

FTZIX's dividend yield for the trailing twelve months is around 0.04%, less than AAPL's 0.36% 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%
FTZIX Fuller & Thaler Behavioral Unconstrained Equity Fund	0.04%	0.05%	0.11%	0.19%	0.00%	0.00%	0.26%	0.76%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTZIX and AAPL in my portfolio?

FTZIX and AAPL have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTZIX or AAPL?

AAPL has higher volatility (6.98%) compared to FTZIX (5.03%). In terms of maximum drawdown, FTZIX dropped -37.22% vs AAPL's -81.80%.

Which has better risk-adjusted returns?

FTZIX currently has the higher Sharpe Ratio (2.86 vs 2.08), 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.