APLD vs. VRT
APLD (Applied Digital Corporation) and VRT (Vertiv Holdings Co.) are both stocks. APLD operates in Information Technology Services (Technology), while VRT operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, APLD returned 111.39%/yr vs 62.98%/yr for VRT. At a 0.25 correlation, their price movements are largely independent.
Performance
APLD vs. VRT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APLD achieves a 66.99% return, which is significantly lower than VRT's 85.57% return.
APLD
- 1D
- 3.34%
- 1M
- -0.74%
- YTD
- 66.99%
- 6M
- 27.51%
- 1Y
- 195.42%
- 3Y*
- 72.37%
- 5Y*
- 111.39%
- 10Y*
- 120.60%
VRT
- 1D
- 0.02%
- 1M
- -11.59%
- YTD
- 85.57%
- 6M
- 61.97%
- 1Y
- 160.87%
- 3Y*
- 142.34%
- 5Y*
- 62.98%
- 10Y*
- —
APLD vs. VRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 66.99% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | -51.72% |
VRT Vertiv Holdings Co. | 85.57% | 42.80% | 136.82% | 251.81% | -45.25% | 33.80% | 69.36% | 12.55% | -0.51% |
Correlation
The correlation between APLD and VRT is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2018 | 0.25 |
Over the past year, APLD and VRT have become more correlated (0.56) than their long-term average of 0.25, meaning their price movements have been converging.
Fundamentals
APLD:
$11.12B
VRT:
$117.86B
APLD:
-$0.72
VRT:
$3.99
APLD:
27.75
VRT:
10.84
APLD:
7.06
VRT:
27.77
APLD:
$390.57M
VRT:
$10.84B
APLD:
$124.93M
VRT:
$3.92B
APLD:
-$154.66M
VRT:
$2.35B
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. VRT — Risk / Return Rank
APLD
VRT
APLD vs. VRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Digital Corporation (APLD) and Vertiv Holdings Co. (VRT). 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.
| APLD | VRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.41 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | 6.53 | -2.62 |
| Martin ratioReturn relative to average drawdown | 9.14 | 18.20 | -9.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| APLD | VRT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 2.79 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 1.03 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 1.00 | -0.92 |
Drawdowns
APLD vs. VRT - Drawdown Comparison
The maximum APLD drawdown since its inception was -99.70%, which is greater than VRT's maximum drawdown of -71.24%. Use the drawdown chart below to compare losses from any high point for APLD and VRT.
Loading charts...
Drawdown Indicators
| APLD | VRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.70% | -71.24% | -28.46% |
Max Drawdown (1Y)Largest decline over 1 year | -50.31% | -24.78% | -25.53% |
Max Drawdown (3Y)Largest decline over 3 years | -76.66% | -61.28% | -15.38% |
Max Drawdown (5Y)Largest decline over 5 years | -82.61% | -71.24% | -11.37% |
Max Drawdown (10Y)Largest decline over 10 years | -89.80% | — | — |
Current DrawdownCurrent decline from peak | -17.53% | -20.11% | +2.58% |
Average DrawdownAverage peak-to-trough decline | -74.49% | -16.22% | -58.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.15% | 8.89% | +13.26% |
Volatility
APLD vs. VRT - Volatility Comparison
Applied Digital Corporation (APLD) has a higher volatility of 32.64% compared to Vertiv Holdings Co. (VRT) at 16.60%. This indicates that APLD's price experiences larger fluctuations and is considered to be riskier than VRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| APLD | VRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.64% | 16.60% | +16.04% |
Volatility (6M)Calculated over the trailing 6-month period | 80.09% | 45.55% | +34.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.26% | 58.11% | +49.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 165.20% | 61.81% | +103.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 301.59% | 54.61% | +246.98% |
Dividends
APLD vs. VRT - Dividend Comparison
APLD has not paid dividends to shareholders, while VRT's dividend yield for the trailing twelve months is around 0.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
APLD Applied Digital Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VRT Vertiv Holdings Co. | 0.07% | 0.11% | 0.10% | 0.05% | 0.07% | 0.04% | 0.05% |
Financials
APLD vs. VRT - Financials Comparison
This section allows you to compare key financial metrics between Applied Digital Corporation and Vertiv Holdings Co.. 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. VRT - Profitability Comparison
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
VRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vertiv Holdings Co. reported a gross profit of 999.70M and revenue of 2.65B. Therefore, the gross margin over that period was 37.7%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
VRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vertiv Holdings Co. reported an operating income of 440.10M and revenue of 2.65B, resulting in an operating margin of 16.6%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
VRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vertiv Holdings Co. reported a net income of 390.10M and revenue of 2.65B, resulting in a net margin of 14.7%.
Frequently Asked Questions
APLD and VRT have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (32.64%) compared to VRT (16.60%). In terms of maximum drawdown, APLD dropped -99.70% vs VRT's -71.24%.
VRT currently has the higher Sharpe Ratio (2.79 vs 1.84), 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 VRT
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