Bitcoin vs Apple stock
Apple is the consensus mega-cap quality compounder. Comparing it to Bitcoin is comparing the highest-quality cashflow business in the world to an asset with no cashflows at all.
| METRIC | BITCOIN | APPLE (AAPL) |
|---|---|---|
| Total return | 14497.3% | 1220.9% |
| Multiple | 145.97x | 13.21x |
| CAGR | 61.4% | 28.1% |
| Max drawdown | -77.8% | -30.5% |
| Annualized volatility | 78.1% | 27.0% |
| Sharpe ratio(rf 4%) | 0.56 | 0.77 |
Apple has delivered a strong decade through buybacks, services growth, and durable iPhone margins. The drawdowns have been mild relative to the rest of the tech complex.
Bitcoin's same-window total return is multiples of Apple's, with proportionally larger drawdowns. The case for either over the other depends on time horizon, cashflow needs, and tolerance for path dependence.
What this leaves out
Monthly closes only. Bitcoin is sampled from a weekly close series, the comparison asset uses Tiingo end-of-month adjusted closes. Prices are price-only with no dividends, no fees, no spreads, no taxes, no storage costs. Sharpe assumes a 4% annual risk-free rate. A different start or end month can flip the ranking, so treat these stats as one window, not a forecast.
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Bitcoin price source: internal monthly close series. Comparison asset: Tiingo daily EOD adjusted close, sampled at month end.