GBTG vs. AAPL
GBTG (Global Business Travel Group Inc) and AAPL (Apple Inc) are both stocks. Both are in the Technology sector — GBTG in Software - Application, AAPL in Consumer Electronics. Over the past 5 years, GBTG returned -0.68%/yr vs 16.20%/yr for AAPL. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
GBTG vs. AAPL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GBTG achieves a 23.40% return, which is significantly higher than AAPL's 11.82% return.
GBTG
- 1D
- 0.21%
- 1M
- 0.43%
- 6M
- 41.32%
- YTD
- 23.40%
- 1Y
- 55.01%
- 3Y*
- 10.80%
- 5Y*
- -0.68%
- 10Y*
- —
- ALL TIME*
- -0.39%
AAPL
- 1D
- -1.78%
- 1M
- -1.69%
- 6M
- 12.58%
- YTD
- 11.82%
- 1Y
- 50.52%
- 3Y*
- 19.13%
- 5Y*
- 16.20%
- 10Y*
- 28.56%
- ALL TIME*
- 19.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AAPL Apple Inc | $19.67B | $17.63B | $17.40B |
| $11.45M | $13.59M | $39.74M |
GBTG vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GBTG Global Business Travel Group Inc | 23.40% | -17.56% | 43.88% | -4.44% | -31.61% | -5.19% | 7.88% |
AAPL Apple Inc | 11.82% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 13.08% |
Correlation
The correlation between GBTG and AAPL is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.16 |
Fundamentals
GBTG:
$4.93B
AAPL:
$4.46T
GBTG:
$0.17
AAPL:
$8.69
GBTG:
55.94
AAPL:
34.91
GBTG:
0.22
AAPL:
4.59
GBTG:
1.64
AAPL:
9.64
GBTG:
3.05
AAPL:
41.63
GBTG:
$2.94B
AAPL:
$466.82B
GBTG:
$1.73B
AAPL:
$227.12B
GBTG:
$403.00M
AAPL:
$168.49B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GBTG vs. AAPL — Risk / Return Rank
GBTG
AAPL
GBTG vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Business Travel Group Inc (GBTG) 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.
| GBTG | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.36 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 3.68 | -2.52 |
| Martin ratioReturn relative to average drawdown | 2.73 | 8.70 | -5.96 |
Loading charts...
Drawdowns
GBTG vs. AAPL - Drawdown Comparison
The maximum GBTG drawdown since its inception was -60.07%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for GBTG and AAPL.
Loading charts...
Drawdown Indicators
| GBTG | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.07% | -81.80% | +21.73% |
Max Drawdown (1Y)Largest decline over 1 year | -40.41% | -13.80% | -26.61% |
Max Drawdown (3Y)Largest decline over 3 years | -48.01% | -33.36% | -14.65% |
Max Drawdown (5Y)Largest decline over 5 years | -56.00% | -33.36% | -22.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.52% | — |
Current DrawdownCurrent decline from peak | -14.34% | -10.78% | -3.56% |
Average DrawdownAverage peak-to-trough decline | -29.71% | -29.52% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.18% | 5.83% | +11.35% |
Volatility
GBTG vs. AAPL - Volatility Comparison
The current volatility for Global Business Travel Group Inc (GBTG) is 0.37%, while Apple Inc (AAPL) has a volatility of 10.66%. This indicates that GBTG 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.
Loading charts...
Volatility by Period
| GBTG | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 10.66% | -10.29% |
Volatility (6M)Calculated over the trailing 6-month period | 51.79% | 20.80% | +30.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.96% | 25.88% | +43.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.42% | 28.04% | +21.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.58% | 29.13% | +17.45% |
Dividends
GBTG vs. AAPL - Dividend Comparison
GBTG has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.35%.
| 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% |
GBTG Global Business Travel Group 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
GBTG vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Global Business Travel Group 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
GBTG vs. AAPL - Profitability Comparison
GBTG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Global Business Travel Group Inc reported a gross profit of 490.00M and revenue of 840.00M. Therefore, the gross margin over that period was 58.3%.
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%.
GBTG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Global Business Travel Group Inc reported an operating income of 3.00M and revenue of 840.00M, resulting in an operating margin of 0.4%.
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%.
GBTG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Global Business Travel Group Inc reported a net income of 52.00M and revenue of 840.00M, resulting in a net margin of 6.2%.
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
GBTG and AAPL have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (10.66%) compared to GBTG (0.37%). In terms of maximum drawdown, GBTG dropped -60.07% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (1.97 vs 0.68), 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.
Find the right allocation for GBTG and AAPL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer