APLD vs. CORZ
APLD (Applied Digital Corporation) and CORZ (Core Scientific, Inc) are both stocks. Both are in the Technology sector — APLD in Information Technology Services, CORZ in Software - Infrastructure. Over the past year, APLD returned 118.77% vs 63.79% for CORZ. Their 0.55 correlation means they have sometimes moved together and sometimes differently.
Performance
APLD vs. CORZ - Performance Comparison
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Returns By Period
In the year-to-date period, APLD achieves a 11.70% return, which is significantly lower than CORZ's 42.31% return.
APLD
- 1D
- -2.07%
- 1M
- -17.15%
- 6M
- -19.16%
- YTD
- 11.70%
- 1Y
- 118.77%
- 3Y*
- 43.55%
- 5Y*
- 84.53%
- 10Y*
- 111.35%
- ALL TIME*
- 26.17%
CORZ
- 1D
- -5.00%
- 1M
- -3.31%
- 6M
- 15.18%
- YTD
- 42.31%
- 1Y
- 63.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 68.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $653.03M | $590.08M | $826.73M | |
| $323.10M | $271.30M | $336.93M |
APLD vs. CORZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
APLD Applied Digital Corporation | 11.70% | 220.94% | 58.18% |
CORZ Core Scientific, Inc | 42.31% | 3.63% | 153.15% |
Correlation
The correlation between APLD and CORZ is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024 | 0.55 |
The correlation between APLD and CORZ shifts across timeframes, from 0.55 (all time) to 0.69 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
APLD:
$7.83B
CORZ:
$6.66B
APLD:
-$0.91
CORZ:
-$4.47
APLD:
12.10
CORZ:
15.12
APLD:
$611.31M
CORZ:
$440.31M
APLD:
$214.45M
CORZ:
$124.45M
APLD:
-$158.14M
CORZ:
-$1.14B
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Return for Risk
APLD vs. CORZ — Risk / Return Rank
APLD
CORZ
APLD vs. CORZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Core Scientific, Inc (CORZ). 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 | CORZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.17 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.31 | +0.74 |
| Martin ratioReturn relative to average drawdown | 4.56 | 2.68 | +1.88 |
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Drawdowns
APLD vs. CORZ - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, which is greater than CORZ's maximum drawdown of -64.95%. Use the drawdown chart below to compare losses from any high point for APLD and CORZ.
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Drawdown Indicators
| APLD | CORZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -64.95% | -34.78% |
Max Drawdown (1Y)Largest decline over 1 year | -53.23% | -40.74% | -12.49% |
Max Drawdown (3Y)Largest decline over 3 years | -71.95% | — | — |
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 | -44.83% | -28.94% | -15.89% |
Average DrawdownAverage peak-to-trough decline | -74.51% | -23.25% | -51.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.87% | 19.88% | +3.99% |
Volatility
APLD vs. CORZ - Volatility Comparison
Applied Digital Corporation (APLD) and Core Scientific, Inc (CORZ) have volatilities of 32.97% and 33.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APLD | CORZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.97% | 33.88% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 76.00% | 55.23% | +20.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 109.72% | 69.36% | +40.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 164.94% | 89.30% | +75.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.14% | 89.30% | +211.84% |
Dividends
APLD vs. CORZ - Dividend Comparison
Neither APLD nor CORZ has paid dividends to shareholders.
Financials
APLD vs. CORZ - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Core Scientific, 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
APLD and CORZ have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CORZ has higher volatility (33.88%) compared to APLD (32.97%). In terms of maximum drawdown, APLD dropped -99.73% vs CORZ's -64.95%.
APLD currently has the higher Sharpe Ratio (1.03 vs 0.77), 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.
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