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APLD vs. AKAM
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

APLD vs. AKAM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Digital Corporation (APLD) and Akamai Technologies, Inc. (AKAM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, APLD achieves a 74.14% return, which is significantly higher than AKAM's 53.01% return. Over the past 10 years, APLD has outperformed AKAM with an annualized return of 125.13%, while AKAM has yielded a comparatively lower 9.75% annualized return.


APLD

1D
2.97%
1M
-6.11%
YTD
74.14%
6M
53.27%
1Y
241.33%
3Y*
69.23%
5Y*
112.30%
10Y*
125.13%

AKAM

1D
0.79%
1M
-17.15%
YTD
53.01%
6M
55.45%
1Y
70.04%
3Y*
13.31%
5Y*
2.42%
10Y*
9.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

APLD vs. AKAM - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
APLD
Applied Digital Corporation
74.14%220.94%13.35%266.30%-56.09%11,789.90%389.44%-34.55%64.99%-33.33%
AKAM
Akamai Technologies, Inc.
53.01%-8.78%-19.18%40.39%-27.97%11.48%21.54%41.42%-6.09%-2.46%

Correlation

The correlation between APLD and AKAM is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.19

Correlation (10Y)
Calculated over the trailing 10-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2008

0.07

The correlation between APLD and AKAM shifts across timeframes, from 0.07 (all time) to 0.21 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

APLD:

$11.60B

AKAM:

$20.03B

EPS

APLD:

-$0.72

AKAM:

$2.95

PS Ratio

APLD:

28.94

AKAM:

4.61

PB Ratio

APLD:

7.37

AKAM:

4.08

Total Revenue (TTM)

APLD:

$390.57M

AKAM:

$4.27B

Gross Profit (TTM)

APLD:

$124.93M

AKAM:

$2.44B

EBITDA (TTM)

APLD:

-$154.66M

AKAM:

$1.14B

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Return for Risk

APLD vs. AKAM — Risk / Return Rank

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

APLD
APLD Risk / Return Rank: 9090
Overall Rank
APLD Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
APLD Sortino Ratio Rank: 8989
Sortino Ratio Rank
APLD Omega Ratio Rank: 8585
Omega Ratio Rank
APLD Calmar Ratio Rank: 9292
Calmar Ratio Rank
APLD Martin Ratio Rank: 9191
Martin Ratio Rank

AKAM
AKAM Risk / Return Rank: 8282
Overall Rank
AKAM Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
AKAM Sortino Ratio Rank: 7878
Sortino Ratio Rank
AKAM Omega Ratio Rank: 8282
Omega Ratio Rank
AKAM Calmar Ratio Rank: 8383
Calmar Ratio Rank
AKAM Martin Ratio Rank: 8787
Martin Ratio Rank
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. AKAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Akamai Technologies, Inc. (AKAM). 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.


APLDAKAMDifference
Sharpe ratioReturn per unit of total volatility

+0.97

Sortino ratioReturn per unit of downside risk

+0.85

Omega ratioGain probability vs. loss probability

1.33

1.30

+0.03

Calmar ratioReturn relative to maximum drawdown

4.83

2.77

+2.06

Martin ratioReturn relative to average drawdown

11.72

9.09

+2.63

APLD vs. AKAM - Sharpe Ratio Comparison

The current APLD Sharpe Ratio is 2.27, which is higher than the AKAM Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of APLD and AKAM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

APLD vs. AKAM - Drawdown Comparison

The maximum APLD drawdown since its inception was -99.73%, roughly equal to the maximum AKAM drawdown of -99.80%. Use the drawdown chart below to compare losses from any high point for APLD and AKAM.


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Drawdown Indicators


APLDAKAMDifference

Max Drawdown

Largest peak-to-trough decline

-99.73%

-99.80%

+0.07%

Max Drawdown (1Y)

Largest decline over 1 year

-50.31%

-25.44%

-24.87%

Max Drawdown (3Y)

Largest decline over 3 years

-76.66%

-46.84%

-29.82%

Max Drawdown (5Y)

Largest decline over 5 years

-82.61%

-46.84%

-35.77%

Max Drawdown (10Y)

Largest decline over 10 years

-89.80%

-46.84%

-42.96%

Current Drawdown

Current decline from peak

-14.00%

-59.25%

+45.25%

Average Drawdown

Average peak-to-trough decline

-74.86%

-82.59%

+7.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

21.22%

7.73%

+13.49%

Volatility

APLD vs. AKAM - Volatility Comparison

Applied Digital Corporation (APLD) has a higher volatility of 33.15% compared to Akamai Technologies, Inc. (AKAM) at 15.13%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than AKAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


APLDAKAMDifference

Volatility (1M)

Calculated over the trailing 1-month period

33.15%

15.13%

+18.02%

Volatility (6M)

Calculated over the trailing 6-month period

80.49%

47.95%

+32.54%

Volatility (1Y)

Calculated over the trailing 1-year period

107.13%

54.31%

+52.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

165.20%

36.61%

+128.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

301.46%

34.47%

+266.99%

Dividends

APLD vs. AKAM - Dividend Comparison

Neither APLD nor AKAM has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

APLD vs. AKAM - Financials Comparison

This section allows you to compare key financial metrics between Applied Digital Corporation and Akamai Technologies, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M1.00BJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
161.76M
1.07B
(APLD) Total Revenue
(AKAM) Total Revenue
Values in USD except per share items

APLD vs. AKAM - Profitability Comparison

The chart below illustrates the profitability comparison between Applied Digital Corporation and Akamai Technologies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%JulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
51.0%
56.1%
Portfolio components
APLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.

AKAM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported a gross profit of 602.31M and revenue of 1.07B. Therefore, the gross margin over that period was 56.1%.

APLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.

AKAM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported an operating income of 114.49M and revenue of 1.07B, resulting in an operating margin of 10.7%.

APLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.

AKAM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported a net income of 106.32M and revenue of 1.07B, resulting in a net margin of 9.9%.


Frequently Asked Questions


APLD and AKAM have a correlation of 0.19, 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 AKAM (15.13%). In terms of maximum drawdown, APLD dropped -99.73% vs AKAM's -99.80%.

APLD currently has the higher Sharpe Ratio (2.27 vs 1.30), 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.

Portfolio Optimizer

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