SPCX vs. AAPL

Last updated Jul 3, 2026

SPCX (Space Exploration Technologies Corp. (SpaceX)) and AAPL (Apple Inc) are both stocks. SPCX operates in Aerospace & Defense (Industrials), while AAPL operates in Consumer Electronics (Technology). At a 0.11 correlation, their price movements are largely independent.

Performance

SPCX vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Space Exploration Technologies Corp. (SpaceX) (SPCX) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPCX

• 1D: 2.83%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAPL

• 1D: 4.84%
• 1M: -2.08%
• 6M: 13.74%
• YTD: 13.74%
• 1Y: 45.86%
• 3Y*: 17.59%
• 5Y*: 17.74%
• 10Y*: 30.33%

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

SPCX vs. AAPL - Yearly Performance Comparison

	2026 (YTD)
SPCX Space Exploration Technologies Corp. (SpaceX)	8.00%
AAPL Apple Inc	4.40%

Correlation

The correlation between SPCX and AAPL is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 12, 2026	0.11

Fundamentals

Market Cap SPCX : $2.12T AAPL : $4.53T
PB Ratio SPCX : 18.22 AAPL : 42.80

Return for Risk

SPCX vs. AAPL — Risk / Return Rank

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

SPCX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AAPL

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

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.

SPCX vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Space Exploration Technologies Corp. (SpaceX) (SPCX) 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.

	SPCX	AAPL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.91	—
Sortino ratio: Return per unit of downside risk	—	2.68	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.34	—
Martin ratio: Return relative to average drawdown	—	7.94	—

Drawdowns

SPCX vs. AAPL - Drawdown Comparison

The maximum SPCX drawdown since its inception was -24.18%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for SPCX and AAPL.

Drawdown Indicators

	SPCX	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	-24.18%	-81.80%	+57.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.80%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.52%	—
Current Drawdown Current decline from peak	-19.72%	-2.08%	-17.64%
Average Drawdown Average peak-to-trough decline	-14.76%	-29.57%	+14.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.79%	—

Volatility

Volatility by Period

	SPCX	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	131.85%	24.17%	+107.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	131.85%	27.79%	+104.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	131.85%	29.04%	+102.81%

Dividends

SPCX vs. AAPL - Dividend Comparison

SPCX has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.34%.

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%
SPCX Space Exploration Technologies Corp. (SpaceX)	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

SPCX vs. AAPL - Profitability Comparison

The chart below illustrates the profitability comparison between Space Exploration Technologies Corp. (SpaceX) and Apple Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SPCX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Space Exploration Technologies Corp. (SpaceX) reported a gross profit of 2.31B and revenue of 4.69B. Therefore, the gross margin over that period was 49.1%.

AAPL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.

SPCX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Space Exploration Technologies Corp. (SpaceX) reported an operating income of -1.94B and revenue of 4.69B, resulting in an operating margin of -41.4%.

AAPL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Apple Inc reported an operating income of 35.89B and revenue of 111.18B, resulting in an operating margin of 32.3%.

SPCX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Space Exploration Technologies Corp. (SpaceX) reported a net income of -4.28B and revenue of 4.69B, resulting in a net margin of -91.1%.

AAPL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Apple Inc reported a net income of 29.58B and revenue of 111.18B, resulting in a net margin of 26.6%.

Frequently Asked Questions

Can I hold both SPCX and AAPL in my portfolio?

SPCX and AAPL have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.