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Nasdaq-100 vs Apple: which won?

Apple crushed Nasdaq-100 since 1999 — more than 40× as much.

Apple

Winner

$316,446

316× · +24.3%/yr

Nasdaq-100

Runner-up

$7,894

7.89× · +8.1%/yr

$1,000 lump sum · end of 19992026

19992026

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Head to head

AppleNasdaq-100
$1,000 would be$316,446$7,894
Total return316×7.89×
Annual return+24.3%+8.1%
Best single year+44% (2001)+19% (2000)
Worst single year−58% (2000)−26% (2001)
Deepest drop−79.3%−81.1%
The rideRemarkably smooth rideRemarkably smooth ride

The story

Put $1,000 into each at the end of 1999 and leave it alone. By the latest data, the Apple stake is worth about $316,446 — a 316× return, or roughly +24.3% a year. The same money in Nasdaq-100 grew to about $7,894 (7.89×). Apple wins this window decisively: more than 40× as much, or about $308,552 more on the same $1,000.

The lead didn't come on the same road. Apple's path was a remarkably smooth ride, while Nasdaq-100 was a remarkably smooth ride. So Apple's win came with the bigger stomach test: more upside, but you had to sit through sharper swings to collect it.

Neither was a straight line. Apple's ugliest calendar year was −58% (2000) and its worst peak-to-trough fall reached −79.3%, recovered by 2004. Nasdaq-100 bottomed at −26% (2001) with a deepest drop of −81.1%. If you'd sold in the worst of it, none of the headline numbers above would have been yours.

Those are nominal dollars. Prices rose about 0.0% over the same stretch, so the real, spending-power gain is smaller than the multiple suggests for both. And this is one start year out of many — pick a different year and the result can flip. Past performance never predicts the future; this is a history lesson, not advice. Run your own year and amount below.

Common questions

Was Nasdaq-100 or Apple a better investment since 1999?
Over 1999–2026, Apple was the better investment: $1,000 grew to about $316,446 (316×), versus about $7,894 (7.89×) for Nasdaq-100 — more than 40× as much.
How much would $1,000 in Apple be worth versus Nasdaq-100?
Starting at the end of 1999, $1,000 in Apple would be worth about $316,446 today, and in Nasdaq-100 about $7,894 — a difference of roughly $308,552 on the same stake.
Which was more volatile, Nasdaq-100 or Apple?
Apple was the wilder ride — remarkably smooth ride — with a deepest fall of −79.3%, while Nasdaq-100 was remarkably smooth ride (deepest fall −81.1%).
Did Apple always beat Nasdaq-100?
No. This compares a single start year (1999, the first both have data for). Different entry years — especially buying after a crash versus near a peak — can change or even reverse the winner. Use the calculator to test any year.

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