APLD vs. SEI
APLD (Applied Digital Corporation) and SEI (Solaris Energy Infrastructure, Inc) are both stocks. APLD operates in Information Technology Services (Technology), while SEI operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, APLD returned 84.31%/yr vs 47.14%/yr for SEI. Their 0.13 correlation means their historical movements had little consistent relationship.
Performance
APLD vs. SEI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APLD achieves a 7.57% return, which is significantly lower than SEI's 14.88% return.
APLD
- 1D
- -3.00%
- 1M
- -32.65%
- 6M
- -27.10%
- YTD
- 7.57%
- 1Y
- 145.35%
- 3Y*
- 41.02%
- 5Y*
- 84.31%
- 10Y*
- 110.56%
- ALL TIME*
- 25.92%
SEI
- 1D
- -2.67%
- 1M
- -31.52%
- 6M
- 1.56%
- YTD
- 14.88%
- 1Y
- 63.45%
- 3Y*
- 77.21%
- 5Y*
- 47.14%
- 10Y*
- —
- ALL TIME*
- 21.05%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $550.39M | $564.06M | $818.39M | |
| $237.70M | $207.26M | $187.45M |
APLD vs. SEI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 7.57% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -39.39% |
SEI Solaris Energy Infrastructure, Inc | 14.88% | 62.29% | 277.66% | -15.75% | 57.46% | -15.55% | -38.09% | 19.10% | -43.06% | 75.35% |
Correlation
The correlation between APLD and SEI is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 12, 2017 | 0.13 |
Over the past year, APLD and SEI have become more correlated (0.45) than their long-term average of 0.13, meaning their price movements have been converging.
Fundamentals
APLD:
$7.54B
SEI:
$3.22B
APLD:
-$0.91
SEI:
$0.97
APLD:
11.65
SEI:
3.62
APLD:
4.40
SEI:
3.33
APLD:
$611.31M
SEI:
$692.11M
APLD:
$214.45M
SEI:
$235.28M
APLD:
-$158.14M
SEI:
$249.65M
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. SEI — Risk / Return Rank
APLD
SEI
APLD vs. SEI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Solaris Energy Infrastructure, Inc (SEI). 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 | SEI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.19 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.91 | 1.75 | +1.16 |
| Martin ratioReturn relative to average drawdown | 6.31 | 5.29 | +1.02 |
Loading charts...
Drawdowns
APLD vs. SEI - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.73%, which is greater than SEI's maximum drawdown of -79.49%. Use the drawdown chart below to compare losses from any high point for APLD and SEI.
Loading charts...
Drawdown Indicators
| APLD | SEI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.73% | -79.49% | -20.24% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -36.55% | -13.76% |
Max Drawdown (3Y)Largest decline over 3 years | -75.05% | -55.37% | -19.68% |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | -55.37% | -27.24% |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | — | — |
Current DrawdownCurrent decline from peak | -46.88% | -36.55% | -10.33% |
Average DrawdownAverage peak-to-trough decline | -74.54% | -38.32% | -36.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.12% | 12.02% | +11.10% |
Volatility
APLD vs. SEI - Volatility Comparison
Applied Digital Corporation (APLD) and Solaris Energy Infrastructure, Inc (SEI) have volatilities of 22.81% and 23.16%, 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.
Loading charts...
Volatility by Period
| APLD | SEI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.81% | 23.16% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 73.94% | 53.62% | +20.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.39% | 74.60% | +32.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 164.65% | 67.39% | +97.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.72% | 62.51% | +239.21% |
Dividends
APLD vs. SEI - Dividend Comparison
APLD has not paid dividends to shareholders, while SEI's dividend yield for the trailing twelve months is around 0.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SEI Solaris Energy Infrastructure, Inc | 0.91% | 1.04% | 1.67% | 5.65% | 4.23% | 6.41% | 5.16% | 2.89% | 0.83% |
Financials
APLD vs. SEI - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Solaris Energy Infrastructure, 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
APLD vs. SEI - Profitability Comparison
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Applied Digital Corporation reported a gross profit of 126.00M and revenue of 293.87M. Therefore, the gross margin over that period was 42.9%.
SEI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Solaris Energy Infrastructure, Inc reported a gross profit of 72.72M and revenue of 196.24M. Therefore, the gross margin over that period was 37.1%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Applied Digital Corporation reported an operating income of -114.82M and revenue of 293.87M, resulting in an operating margin of -39.1%.
SEI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Solaris Energy Infrastructure, Inc reported an operating income of 50.56M and revenue of 196.24M, resulting in an operating margin of 25.8%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Applied Digital Corporation reported a net income of -111.58M and revenue of 293.87M, resulting in a net margin of -38.0%.
SEI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Solaris Energy Infrastructure, Inc reported a net income of 21.44M and revenue of 196.24M, resulting in a net margin of 10.9%.
Frequently Asked Questions
APLD and SEI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SEI has higher volatility (23.16%) compared to APLD (22.81%). In terms of maximum drawdown, APLD dropped -99.73% vs SEI's -79.49%.
APLD currently has the higher Sharpe Ratio (1.36 vs 0.86), 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 SEI
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