PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
APLD vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

APLD vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Digital Corporation (APLD) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%JuneJulyAugustSeptemberOctoberNovember
116.02%
12.12%
APLD
SPY

Returns By Period

In the year-to-date period, APLD achieves a 35.91% return, which is significantly higher than SPY's 25.36% return. Over the past 10 years, APLD has outperformed SPY with an annualized return of 124.31%, while SPY has yielded a comparatively lower 13.07% annualized return.


APLD

YTD

35.91%

1M

11.98%

6M

107.24%

1Y

108.66%

5Y (annualized)

255.62%

10Y (annualized)

124.31%

SPY

YTD

25.36%

1M

0.98%

6M

11.79%

1Y

31.70%

5Y (annualized)

15.55%

10Y (annualized)

13.07%

Key characteristics


APLDSPY
Sharpe Ratio0.952.69
Sortino Ratio2.233.59
Omega Ratio1.251.50
Calmar Ratio1.303.89
Martin Ratio3.0917.53
Ulcer Index41.01%1.87%
Daily Std Dev132.74%12.15%
Max Drawdown-99.99%-55.19%
Current Drawdown-91.46%-1.41%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.1

The correlation between APLD and SPY is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

APLD vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for APLD, currently valued at 0.95, compared to the broader market-4.00-2.000.002.004.000.952.69
The chart of Sortino ratio for APLD, currently valued at 2.23, compared to the broader market-4.00-2.000.002.004.002.233.59
The chart of Omega ratio for APLD, currently valued at 1.25, compared to the broader market0.501.001.502.001.251.50
The chart of Calmar ratio for APLD, currently valued at 1.30, compared to the broader market0.002.004.006.001.303.89
The chart of Martin ratio for APLD, currently valued at 3.09, compared to the broader market-10.000.0010.0020.0030.003.0917.53
APLD
SPY

The current APLD Sharpe Ratio is 0.95, which is lower than the SPY Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of APLD and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.95
2.69
APLD
SPY

Dividends

APLD vs. SPY - Dividend Comparison

APLD has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.


TTM20232022202120202019201820172016201520142013
APLD
Applied Digital Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.19%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

APLD vs. SPY - Drawdown Comparison

The maximum APLD drawdown since its inception was -99.99%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for APLD and SPY. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-91.46%
-1.41%
APLD
SPY

Volatility

APLD vs. SPY - Volatility Comparison

Applied Digital Corporation (APLD) has a higher volatility of 31.99% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
31.99%
4.09%
APLD
SPY