TA.TO vs. AAPL
TA.TO (TransAlta Corporation) and AAPL (Apple Inc) are both stocks. TA.TO operates in Utilities - Independent Power Producers (Utilities), while AAPL operates in Consumer Electronics (Technology). Over the past 10 years, TA.TO returned 14.34%/yr vs 31.61%/yr for AAPL. At a 0.13 correlation, their price movements are largely independent.
Performance
TA.TO vs. AAPL - Performance Comparison
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Different Trading Currencies
TA.TO is traded in CAD, while AAPL is traded in USD. To make them comparable, the AAPL values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TA.TO achieves a 12.10% return, which is significantly lower than AAPL's 23.21% return. Over the past 10 years, TA.TO has underperformed AAPL with an annualized return of 14.34%, while AAPL has yielded a comparatively higher 31.61% annualized return.
TA.TO
- 1D
- 3.82%
- 1M
- -1.02%
- 6M
- 12.55%
- YTD
- 12.10%
- 1Y
- 15.61%
- 3Y*
- 14.90%
- 5Y*
- 10.95%
- 10Y*
- 14.34%
- ALL TIME*
- 2.64%
AAPL
- 1D
- -2.27%
- 1M
- 8.96%
- 6M
- 29.25%
- YTD
- 23.21%
- 1Y
- 58.46%
- 3Y*
- 22.45%
- 5Y*
- 20.58%
- 10Y*
- 31.61%
- ALL TIME*
- 35.32%
TA.TO vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TA.TO TransAlta Corporation | 12.10% | -13.24% | 88.48% | -7.32% | -12.42% | 47.57% | 6.22% | 69.12% | -23.22% | 2.43% |
AAPL Apple Inc | 23.21% | 4.07% | 41.77% | 45.46% | -21.74% | 34.58% | 77.98% | 81.17% | 2.56% | 38.41% |
Correlation
The correlation between TA.TO and AAPL is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2006 | 0.13 |
Fundamentals
TA.TO:
CA$5.75B
AAPL:
$4.80T
TA.TO:
-CA$0.57
AAPL:
$8.25
TA.TO:
2.63
AAPL:
10.75
TA.TO:
12.34
AAPL:
45.29
TA.TO:
CA$2.21B
AAPL:
$451.44B
TA.TO:
CA$716.00M
AAPL:
$216.07B
TA.TO:
CA$511.00M
AAPL:
$153.63B
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Return for Risk
TA.TO vs. AAPL — Risk / Return Rank
TA.TO
AAPL
TA.TO vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Corporation (TA.TO) 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.
| TA.TO | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.43 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 3.94 | -3.48 |
| Martin ratioReturn relative to average drawdown | 0.73 | 8.87 | -8.15 |
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Drawdowns
TA.TO vs. AAPL - Drawdown Comparison
The maximum TA.TO drawdown since its inception was -83.87%, which is greater than AAPL's maximum drawdown of -50.16%. Use the drawdown chart below to compare losses from any high point for TA.TO and AAPL.
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Drawdown Indicators
| TA.TO | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.87% | -50.16% | -33.71% |
Max Drawdown (1Y)Largest decline over 1 year | -34.12% | -14.90% | -19.22% |
Max Drawdown (3Y)Largest decline over 3 years | -44.20% | -33.90% | -10.30% |
Max Drawdown (5Y)Largest decline over 5 years | -44.20% | -33.90% | -10.30% |
Max Drawdown (10Y)Largest decline over 10 years | -50.60% | -34.96% | -15.64% |
Current DrawdownCurrent decline from peak | -21.25% | -2.27% | -18.98% |
Average DrawdownAverage peak-to-trough decline | -43.31% | -10.14% | -33.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.49% | 6.61% | +14.88% |
Volatility
TA.TO vs. AAPL - Volatility Comparison
The current volatility for TransAlta Corporation (TA.TO) is 8.70%, while Apple Inc (AAPL) has a volatility of 10.31%. This indicates that TA.TO 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
| TA.TO | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.70% | 10.31% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 28.82% | 19.40% | +9.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.21% | 24.45% | +13.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.80% | 28.42% | +4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.19% | 29.85% | +2.34% |
Dividends
TA.TO vs. AAPL - Dividend Comparison
TA.TO's dividend yield for the trailing twelve months is around 1.37%, more than AAPL's 0.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.32% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
TA.TO TransAlta Corporation | 1.37% | 1.47% | 1.18% | 2.00% | 1.69% | 1.32% | 1.77% | 1.72% | 2.86% | 2.15% | 2.15% | 14.66% |
Financials
TA.TO vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Corporation 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
TA.TO vs. AAPL - Profitability Comparison
TA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TransAlta Corporation reported a gross profit of 243.00M and revenue of 565.00M. Therefore, the gross margin over that period was 43.0%.
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%.
TA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TransAlta Corporation reported an operating income of 24.00M and revenue of 565.00M, resulting in an operating margin of 4.3%.
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%.
TA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TransAlta Corporation reported a net income of 13.00M and revenue of 565.00M, resulting in a net margin of 2.3%.
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
TA.TO and AAPL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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