APLD vs. CMB1.L
APLD (Applied Digital Corporation) is a stock, while CMB1.L (iShares FTSE MIB UCITS ETF (Acc)) is Europe Equities fund tracking the FTSE Italia AllShare TR EUR. Over the past 10 years, APLD returned 128.45%/yr vs 16.17%/yr for CMB1.L. At a 0.07 correlation, their price movements are largely independent.
Performance
APLD vs. CMB1.L - Performance Comparison
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Different Trading Currencies
APLD is traded in USD, while CMB1.L is traded in GBp. To make them comparable, the CMB1.L 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 CMB1.L's 17.02% return. Over the past 10 years, APLD has outperformed CMB1.L with an annualized return of 128.45%, while CMB1.L has yielded a comparatively lower 16.17% annualized 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%
CMB1.L
- 1D
- 1.03%
- 1M
- 6.84%
- YTD
- 17.02%
- 6M
- 18.75%
- 1Y
- 37.91%
- 3Y*
- 31.24%
- 5Y*
- 19.47%
- 10Y*
- 16.17%
APLD vs. CMB1.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 89.52% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
CMB1.L iShares FTSE MIB UCITS ETF (Acc) | 17.02% | 54.68% | 11.37% | 37.57% | -13.87% | 17.22% | 4.63% | 29.84% | -18.67% | 34.14% |
Correlation
The correlation between APLD and CMB1.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2010 | 0.07 |
The correlation between APLD and CMB1.L shifts across timeframes, from 0.07 (all time) to 0.24 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
APLD vs. CMB1.L — Risk / Return Rank
APLD
CMB1.L
APLD vs. CMB1.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and iShares FTSE MIB UCITS ETF (Acc) (CMB1.L). 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 | CMB1.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.38 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 6.32 | 3.35 | +2.97 |
| Martin ratioReturn relative to average drawdown | 15.33 | 11.77 | +3.56 |
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Drawdowns
APLD vs. CMB1.L - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, which is greater than CMB1.L's maximum drawdown of -57.87%. Use the drawdown chart below to compare losses from any high point for APLD and CMB1.L.
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Drawdown Indicators
| APLD | CMB1.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -57.87% | -41.86% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -11.25% | -39.06% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | -17.48% | -59.18% |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | -35.65% | -46.96% |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | -41.93% | -47.87% |
Current DrawdownCurrent decline from peak | -6.40% | 0.00% | -6.40% |
Average DrawdownAverage peak-to-trough decline | -74.85% | -19.36% | -55.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.70% | 3.20% | +17.50% |
Volatility
APLD vs. CMB1.L - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 34.19% compared to iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) at 4.73%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than CMB1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLD | CMB1.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.19% | 4.73% | +29.46% |
Volatility (6M)Calculated over the trailing 6-month period | 80.90% | 13.97% | +66.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.00% | 17.22% | +89.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.28% | 21.24% | +144.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.55% | 22.73% | +278.82% |
Dividends
APLD vs. CMB1.L - Dividend Comparison
Neither APLD nor CMB1.L has paid dividends to shareholders.
Frequently Asked Questions
APLD and CMB1.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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