APLD vs. KEEL
APLD (Applied Digital Corporation) and KEEL (Keel Infrastructure Corporation) are both stocks. APLD operates in Information Technology Services (Technology), while KEEL operates in Capital Markets (Financial Services). Over the past 5 years, APLD returned 107.95%/yr vs 6.35%/yr for KEEL. At a 0.31 correlation, their price movements are largely independent.
Performance
APLD vs. KEEL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APLD achieves a 88.70% return, which is significantly lower than KEEL's 153.62% return.
APLD
- 1D
- -0.43%
- 1M
- 8.72%
- YTD
- 88.70%
- 6M
- 90.88%
- 1Y
- 300.61%
- 3Y*
- 72.91%
- 5Y*
- 107.95%
- 10Y*
- 128.36%
KEEL
- 1D
- 5.30%
- 1M
- 35.76%
- YTD
- 153.62%
- 6M
- 145.27%
- 1Y
- 601.18%
- 3Y*
- 72.06%
- 5Y*
- 6.35%
- 10Y*
- —
APLD vs. KEEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 88.70% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | -15.38% |
KEEL Keel Infrastructure Corporation | 153.62% | 57.72% | -48.80% | 561.36% | -91.29% | 165.79% | 397.66% | -27.96% | -64.19% |
Correlation
The correlation between APLD and KEEL is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2018 | 0.31 |
Over the past year, APLD and KEEL have become more correlated (0.58) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
APLD:
$12.57B
KEEL:
$3.29B
APLD:
-$0.72
KEEL:
-$0.51
APLD:
31.36
KEEL:
14.42
APLD:
7.98
KEEL:
5.87
APLD:
$390.57M
KEEL:
$229.28M
APLD:
$124.93M
KEEL:
-$18.90M
APLD:
-$154.66M
KEEL:
-$149.60M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
APLD vs. KEEL — Risk / Return Rank
APLD
KEEL
APLD vs. KEEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Keel Infrastructure Corporation (KEEL). 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 | KEEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.50 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 6.02 | 8.24 | -2.22 |
| Martin ratioReturn relative to average drawdown | 14.73 | 13.73 | +1.00 |
Loading charts...
Drawdowns
APLD vs. KEEL - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, roughly equal to the maximum KEEL drawdown of -95.72%. Use the drawdown chart below to compare losses from any high point for APLD and KEEL.
Loading charts...
Drawdown Indicators
| APLD | KEEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -95.72% | -4.01% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -73.65% | +23.34% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | -81.04% | +4.38% |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | -95.72% | +13.11% |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | — | — |
Current DrawdownCurrent decline from peak | -6.81% | -32.81% | +26.00% |
Average DrawdownAverage peak-to-trough decline | -74.83% | -67.47% | -7.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.71% | 44.13% | -23.42% |
Volatility
APLD vs. KEEL - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 32.78% compared to Keel Infrastructure Corporation (KEEL) at 25.73%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than KEEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| APLD | KEEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.78% | 25.73% | +7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 80.24% | 70.19% | +10.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.79% | 110.25% | -3.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.05% | 105.00% | +60.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.55% | 290.92% | +10.63% |
Dividends
APLD vs. KEEL - Dividend Comparison
Neither APLD nor KEEL has paid dividends to shareholders.
Financials
APLD vs. KEEL - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Keel Infrastructure Corporation. 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 KEEL have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (32.78%) compared to KEEL (25.73%). In terms of maximum drawdown, APLD dropped -99.73% vs KEEL's -95.72%.
KEEL currently has the higher Sharpe Ratio (5.50 vs 2.84), 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.
Find the right allocation for APLD and KEEL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer