APLD vs. NBIS
APLD (Applied Digital Corporation) and NBIS (Nebius Group N.V.) are both stocks. APLD operates in Information Technology Services (Technology), while NBIS operates in Internet Content & Information (Communication Services). Over the past year, APLD returned 337.56% vs 491.22% for NBIS. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
APLD vs. NBIS - Performance Comparison
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Returns By Period
In the year-to-date period, APLD achieves a 84.34% return, which is significantly lower than NBIS's 238.82% return.
APLD
- 1D
- -2.98%
- 1M
- -1.46%
- YTD
- 84.34%
- 6M
- 62.71%
- 1Y
- 337.56%
- 3Y*
- 77.44%
- 5Y*
- 105.95%
- 10Y*
- 127.82%
NBIS
- 1D
- -1.07%
- 1M
- 32.05%
- YTD
- 238.82%
- 6M
- 204.20%
- 1Y
- 491.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APLD vs. NBIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
APLD Applied Digital Corporation | 84.34% | 220.94% | -3.90% |
NBIS Nebius Group N.V. | 238.82% | 202.18% | 46.25% |
Correlation
The correlation between APLD and NBIS 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 (All Time) Calculated using the full available price history since Oct 18, 2024 | 0.53 |
The correlation between APLD and NBIS has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.
Fundamentals
APLD:
$12.28B
NBIS:
$87.63B
APLD:
-$0.72
NBIS:
$3.17
APLD:
30.64
NBIS:
85.11
APLD:
7.80
NBIS:
12.10
APLD:
$390.57M
NBIS:
$877.90M
APLD:
$124.93M
NBIS:
$420.60M
APLD:
-$154.66M
NBIS:
-$52.78M
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Return for Risk
APLD vs. NBIS — Risk / Return Rank
APLD
NBIS
APLD vs. NBIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Nebius Group N.V. (NBIS). 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 | NBIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.48 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 6.76 | 10.90 | -4.14 |
| Martin ratioReturn relative to average drawdown | 16.62 | 24.91 | -8.29 |
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Drawdowns
APLD vs. NBIS - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, which is greater than NBIS's maximum drawdown of -58.27%. Use the drawdown chart below to compare losses from any high point for APLD and NBIS.
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Drawdown Indicators
| APLD | NBIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -58.27% | -41.46% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -45.47% | -4.84% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | — | — |
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 | -8.96% | -1.07% | -7.89% |
Average DrawdownAverage peak-to-trough decline | -74.78% | -18.72% | -56.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.43% | 19.85% | +0.58% |
Volatility
APLD vs. NBIS - Volatility Comparison
Applied Digital Corporation (APLD) and Nebius Group N.V. (NBIS) have volatilities of 30.09% and 29.50%, 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 | NBIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.09% | 29.50% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 77.05% | 70.96% | +6.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.79% | 104.79% | +2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.10% | 109.96% | +55.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.63% | 109.96% | +191.67% |
Dividends
APLD vs. NBIS - Dividend Comparison
Neither APLD nor NBIS has paid dividends to shareholders.
Financials
APLD vs. NBIS - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Nebius Group N.V.. 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 NBIS 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 (30.09%) compared to NBIS (29.50%). In terms of maximum drawdown, APLD dropped -99.73% vs NBIS's -58.27%.
NBIS currently has the higher Sharpe Ratio (4.74 vs 3.19), 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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