APLD vs. BTC-USD
Compare and contrast key facts about Applied Digital Corporation (APLD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APLD or BTC-USD.
Key characteristics
| APLD | BTC-USD | |
|---|---|---|
| YTD Return | -12.61% | 40.03% |
| 1Y Return | 11.98% | 122.76% |
| 3Y Return (Ann) | -24.60% | 7.39% |
| 5Y Return (Ann) | 189.97% | 42.03% |
| 10Y Return (Ann) | 146.53% | 63.85% |
| Sharpe Ratio | 0.07 | 0.97 |
| Daily Std Dev | 131.21% | 43.14% |
| Max Drawdown | -99.99% | -93.07% |
| Current Drawdown | -94.51% | -19.02% |
Correlation
The correlation between APLD and BTC-USD is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
APLD vs. BTC-USD - Performance Comparison
In the year-to-date period, APLD achieves a -12.61% return, which is significantly lower than BTC-USD's 40.03% return. Over the past 10 years, APLD has outperformed BTC-USD with an annualized return of 146.53%, while BTC-USD has yielded a comparatively lower 63.85% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
APLD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Bitcoin (BTC-USD). 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.
Drawdowns
APLD vs. BTC-USD - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.99%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for APLD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
APLD vs. BTC-USD - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 71.71% compared to Bitcoin (BTC-USD) at 13.89%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.