APLD vs. AMZN.NEO
APLD (Applied Digital Corporation) and AMZN.NEO (Amazon.com CDR) are both stocks. APLD operates in Information Technology Services (Technology), while AMZN.NEO operates in Internet Retail (Consumer Cyclical). Over the past 3 years, APLD returned 73.16%/yr vs 20.59%/yr for AMZN.NEO. At a 0.29 correlation, their price movements are largely independent.
Performance
APLD vs. AMZN.NEO - Performance Comparison
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Different Trading Currencies
APLD is traded in USD, while AMZN.NEO is traded in CAD. To make them comparable, the AMZN.NEO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, APLD achieves a 89.52% return, which is significantly higher than AMZN.NEO's 3.42% return.
APLD
- 1D
- 8.83%
- 1M
- 9.19%
- YTD
- 89.52%
- 6M
- 102.22%
- 1Y
- 315.65%
- 3Y*
- 73.16%
- 5Y*
- 110.66%
- 10Y*
- 128.45%
AMZN.NEO
- 1D
- 3.21%
- 1M
- -8.64%
- YTD
- 3.42%
- 6M
- 7.46%
- 1Y
- 10.17%
- 3Y*
- 20.59%
- 5Y*
- —
- 10Y*
- —
APLD vs. AMZN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 89.52% | 220.94% | 13.35% | 266.30% | -56.09% | 215.04% |
AMZN.NEO Amazon.com CDR | 3.42% | 7.60% | 30.75% | 83.07% | -53.72% | -11.62% |
Correlation
The correlation between APLD and AMZN.NEO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2021 | 0.29 |
Fundamentals
APLD:
$12.62B
AMZN.NEO:
CA$301.80B
APLD:
-$0.72
AMZN.NEO:
$7.17
APLD:
31.50
AMZN.NEO:
0.31
APLD:
8.02
AMZN.NEO:
0.58
APLD:
$390.57M
AMZN.NEO:
$691.33B
APLD:
$124.93M
AMZN.NEO:
$345.98B
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Return for Risk
APLD vs. AMZN.NEO — Risk / Return Rank
APLD
AMZN.NEO
APLD vs. AMZN.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Amazon.com CDR (AMZN.NEO). 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 | AMZN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.64 | ||
| Sortino ratioReturn per unit of downside risk | +2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.08 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 6.32 | 0.48 | +5.84 |
| Martin ratioReturn relative to average drawdown | 15.33 | 1.13 | +14.20 |
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Drawdowns
APLD vs. AMZN.NEO - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, which is greater than AMZN.NEO's maximum drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for APLD and AMZN.NEO.
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Drawdown Indicators
| APLD | AMZN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -60.05% | -39.68% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -21.08% | -29.23% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | -29.25% | -47.41% |
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 | -6.40% | -13.38% | +6.98% |
Average DrawdownAverage peak-to-trough decline | -74.85% | -21.80% | -53.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.70% | 9.05% | +11.65% |
Volatility
APLD vs. AMZN.NEO - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 34.19% compared to Amazon.com CDR (AMZN.NEO) at 8.64%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than AMZN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLD | AMZN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.19% | 8.64% | +25.55% |
Volatility (6M)Calculated over the trailing 6-month period | 80.90% | 20.94% | +59.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.00% | 30.46% | +76.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.28% | 36.02% | +129.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.55% | 36.02% | +265.53% |
Dividends
APLD vs. AMZN.NEO - Dividend Comparison
Neither APLD nor AMZN.NEO has paid dividends to shareholders.
Financials
APLD vs. AMZN.NEO - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Amazon.com CDR. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
APLD vs. AMZN.NEO - Profitability Comparison
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%.
AMZN.NEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amazon.com CDR reported a gross profit of 91.50B and revenue of 180.17B. Therefore, the gross margin over that period was 50.8%.
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%.
AMZN.NEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amazon.com CDR reported an operating income of 17.42B and revenue of 180.17B, resulting in an operating margin of 9.7%.
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%.
AMZN.NEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amazon.com CDR reported a net income of 21.19B and revenue of 180.17B, resulting in a net margin of 11.8%.
Frequently Asked Questions
APLD and AMZN.NEO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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