SPXB vs. AAPL

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares S&P 500 Bond ETF (SPXB) and Apple Inc (AAPL).

SPXB is a passively managed fund by ProShares that tracks the performance of the S&P 500 MarketAxess Investment Grade Corporate Bond Index. It was launched on May 1, 2018.

Performance

SPXB vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P 500 Bond ETF (SPXB) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

SPXB vs. AAPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SPXB ProShares S&P 500 Bond ETF	0.00%	0.00%	-3.45%	8.83%	-16.66%	-1.89%	10.33%	15.34%	1.13%
AAPL Apple Inc	-5.88%	9.05%	30.71%	49.01%	-26.40%	34.65%	82.31%	88.96%	-9.85%

Returns By Period

SPXB

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

SPXB vs. AAPL — Risk / Return Rank

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

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.

SPXB vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Bond ETF (SPXB) 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.

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

Sharpe Ratios by Period

	SPXB	AAPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.48	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.43	—

Correlation

The correlation between SPXB and AAPL is 0.15, 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

SPXB vs. AAPL - Dividend Comparison

SPXB has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.41%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPXB ProShares S&P 500 Bond ETF	0.00%	0.00%	1.22%	4.04%	3.14%	2.00%	2.64%	3.48%	2.52%	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

Drawdown Indicators

	SPXB	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	—	-81.80%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-22.99%	—
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	—	-10.59%	—
Average Drawdown Average peak-to-trough decline	—	-29.71%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.41%	—

Volatility

Volatility by Period

	SPXB	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	31.61%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	27.46%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	28.93%	—