APLD vs. AGEM
APLD (Applied Digital Corporation) is a stock, while AGEM (abrdn Emerging Markets Dividend Active ETF) is Emerging Markets Equities fund actively managed by abrdn. Over the past year, APLD returned 281.93% vs 56.44% for AGEM. At a 0.44 correlation, their price movements are largely independent.
Performance
APLD vs. AGEM - Performance Comparison
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Returns By Period
In the year-to-date period, APLD achieves a 74.14% return, which is significantly higher than AGEM's 28.39% return.
APLD
- 1D
- 2.97%
- 1M
- -8.58%
- YTD
- 74.14%
- 6M
- 53.27%
- 1Y
- 281.93%
- 3Y*
- 69.23%
- 5Y*
- 112.30%
- 10Y*
- 125.13%
AGEM
- 1D
- 0.40%
- 1M
- 1.36%
- YTD
- 28.39%
- 6M
- 30.42%
- 1Y
- 56.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APLD vs. AGEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
APLD Applied Digital Corporation | 74.14% | 169.15% |
AGEM abrdn Emerging Markets Dividend Active ETF | 28.39% | 29.73% |
Correlation
The correlation between APLD and AGEM is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2025 | 0.44 |
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Return for Risk
APLD vs. AGEM — Risk / Return Rank
APLD
AGEM
APLD vs. AGEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and abrdn Emerging Markets Dividend Active ETF (AGEM). 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.
| APLD | AGEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.45 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 3.88 | +0.95 |
| Martin ratioReturn relative to average drawdown | 11.72 | 14.50 | -2.79 |
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Drawdowns
APLD vs. AGEM - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, which is greater than AGEM's maximum drawdown of -15.58%. Use the drawdown chart below to compare losses from any high point for APLD and AGEM.
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Drawdown Indicators
| APLD | AGEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -15.58% | -84.15% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -13.92% | -36.39% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | — | — |
Current DrawdownCurrent decline from peak | -14.00% | -3.82% | -10.18% |
Average DrawdownAverage peak-to-trough decline | -74.86% | -2.31% | -72.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.22% | 3.72% | +17.50% |
Volatility
APLD vs. AGEM - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 33.15% compared to abrdn Emerging Markets Dividend Active ETF (AGEM) at 10.95%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than AGEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLD | AGEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.15% | 10.95% | +22.20% |
Volatility (6M)Calculated over the trailing 6-month period | 80.49% | 19.56% | +60.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.13% | 21.78% | +85.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.20% | 22.46% | +142.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.46% | 22.46% | +279.00% |
Dividends
APLD vs. AGEM - Dividend Comparison
APLD has not paid dividends to shareholders, while AGEM's dividend yield for the trailing twelve months is around 1.75%.
| Position | TTM | 2025 |
|---|---|---|
AGEM abrdn Emerging Markets Dividend Active ETF | 1.75% | 1.80% |
APLD Applied Digital Corporation | 0.00% | 0.00% |
Frequently Asked Questions
APLD and AGEM have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (33.15%) compared to AGEM (10.95%). In terms of maximum drawdown, APLD dropped -99.73% vs AGEM's -15.58%.
AGEM currently has the higher Sharpe Ratio (2.48 vs 2.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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