APLD vs. AIVI

Last updated Jun 9, 2026

APLD (Applied Digital Corporation) is a stock, while AIVI (WisdomTree International Al Enhanced Value Fund) is Foreign Large Cap Equities fund actively managed by WisdomTree. Over the past 10 years, APLD returned 120.60%/yr vs 8.74%/yr for AIVI. At a 0.08 correlation, their price movements are largely independent.

Performance

APLD vs. AIVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Digital Corporation (APLD) and WisdomTree International Al Enhanced Value Fund (AIVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APLD achieves a 66.99% return, which is significantly higher than AIVI's 8.15% return. Over the past 10 years, APLD has outperformed AIVI with an annualized return of 120.60%, while AIVI has yielded a comparatively lower 8.74% annualized return.

APLD

• 1D: 3.34%
• 1M: -0.74%
• YTD: 66.99%
• 6M: 27.51%
• 1Y: 195.42%
• 3Y*: 72.37%
• 5Y*: 111.39%
• 10Y*: 120.60%

AIVI

• 1D: 0.24%
• 1M: -1.93%
• YTD: 8.15%
• 6M: 12.25%
• 1Y: 21.28%
• 3Y*: 17.67%
• 5Y*: 9.71%
• 10Y*: 8.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

APLD vs. AIVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APLD Applied Digital Corporation	66.99%	220.94%	13.35%	266.30%	-56.09%	11,789.90%	389.44%	-34.55%	64.99%	-33.33%
AIVI WisdomTree International Al Enhanced Value Fund	8.15%	38.68%	2.07%	18.11%	-9.78%	9.33%	-1.28%	17.55%	-9.25%	20.63%

Correlation

The correlation between APLD and AIVI is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Oct 23, 2008	0.08

The correlation between APLD and AIVI shifts across timeframes, from 0.08 (all time) to 0.29 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

APLD vs. AIVI — Risk / Return Rank

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

APLD

APLD Risk / Return Rank: 86
APLD Sharpe Ratio Rank: 87
APLD Sortino Ratio Rank: 86
APLD Omega Ratio Rank: 81
APLD Calmar Ratio Rank: 88
APLD Martin Ratio Rank: 86

AIVI

AIVI Risk / Return Rank: 48
AIVI Sharpe Ratio Rank: 51
AIVI Sortino Ratio Rank: 50
AIVI Omega Ratio Rank: 50
AIVI Calmar Ratio Rank: 44
AIVI Martin Ratio Rank: 46

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.

APLD vs. AIVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and WisdomTree International Al Enhanced Value Fund (AIVI). 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.

	APLD	AIVI	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.60	+0.24
Sortino ratio: Return per unit of downside risk	2.68	2.23	+0.45
Omega ratio: Gain probability vs. loss probability	1.30	1.28	+0.01
Calmar ratio: Return relative to maximum drawdown	3.91	1.96	+1.95
Martin ratio: Return relative to average drawdown	9.14	6.84	+2.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APLD vs. AIVI - Sharpe Ratio Comparison

The current APLD Sharpe Ratio is 1.84, which is comparable to the AIVI Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of APLD and AIVI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	APLD	AIVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	1.60	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.64	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.53	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.24	-0.16

Drawdowns

APLD vs. AIVI - Drawdown Comparison

The maximum APLD drawdown since its inception was -99.70%, which is greater than AIVI's maximum drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for APLD and AIVI.

Drawdown Indicators

	APLD	AIVI	Difference
Max Drawdown Largest peak-to-trough decline	-99.70%	-65.98%	-33.72%
Max Drawdown (1Y) Largest decline over 1 year	-50.31%	-10.92%	-39.39%
Max Drawdown (3Y) Largest decline over 3 years	-76.66%	-11.71%	-64.95%
Max Drawdown (5Y) Largest decline over 5 years	-82.61%	-28.05%	-54.56%
Max Drawdown (10Y) Largest decline over 10 years	-89.80%	-35.42%	-54.38%
Current Drawdown Current decline from peak	-17.53%	-3.81%	-13.72%
Average Drawdown Average peak-to-trough decline	-74.49%	-15.53%	-58.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.15%	3.12%	+19.03%

Volatility

APLD vs. AIVI - Volatility Comparison

Applied Digital Corporation (APLD) has a higher volatility of 32.64% compared to WisdomTree International Al Enhanced Value Fund (AIVI) at 3.77%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than AIVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APLD	AIVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.64%	3.77%	+28.87%
Volatility (6M) Calculated over the trailing 6-month period	80.09%	11.00%	+69.09%
Volatility (1Y) Calculated over the trailing 1-year period	107.26%	13.42%	+93.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	165.20%	15.16%	+150.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	301.59%	16.48%	+285.11%

Dividends

APLD vs. AIVI - Dividend Comparison

APLD has not paid dividends to shareholders, while AIVI's dividend yield for the trailing twelve months is around 4.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVI WisdomTree International Al Enhanced Value Fund	4.26%	4.70%	4.94%	5.05%	4.32%	5.53%	3.50%	4.31%	4.21%	3.65%	3.98%	4.23%
APLD Applied Digital Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APLD and AIVI in my portfolio?

APLD and AIVI have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APLD or AIVI?

APLD has higher volatility (32.64%) compared to AIVI (3.77%). In terms of maximum drawdown, APLD dropped -99.70% vs AIVI's -65.98%.

Which has better risk-adjusted returns?

APLD currently has the higher Sharpe Ratio (1.84 vs 1.60), 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.