APP vs. KR
APP (AppLovin Corporation) and KR (The Kroger Co.) are both stocks. APP operates in Advertising Agencies (Communication Services), while KR operates in Grocery Stores (Consumer Defensive). Over the past 5 years, APP returned 46.89%/yr vs 10.10%/yr for KR. At a correlation of -0.04, they often move in opposite directions.
Performance
APP vs. KR - Performance Comparison
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Returns By Period
In the year-to-date period, APP achieves a -36.38% return, which is significantly lower than KR's -6.57% return.
APP
- 1D
- 0.96%
- 1M
- -8.73%
- 6M
- -24.20%
- YTD
- -36.38%
- 1Y
- 17.07%
- 3Y*
- 148.02%
- 5Y*
- 46.89%
- 10Y*
- —
- ALL TIME*
- 41.09%
KR
- 1D
- -0.99%
- 1M
- 2.07%
- 6M
- -7.56%
- YTD
- -6.57%
- 1Y
- -18.10%
- 3Y*
- 8.75%
- 5Y*
- 10.10%
- 10Y*
- 7.03%
- ALL TIME*
- 11.12%
APP vs. KR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
APP AppLovin Corporation | -36.38% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
KR The Kroger Co. | -6.57% | 4.25% | 36.91% | 4.99% | 0.44% | 23.35% |
Correlation
The correlation between APP and KR is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | -0.04 |
The correlation between APP and KR shifts across timeframes, from -0.18 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
Fundamentals
APP:
$144.01B
KR:
$35.40B
APP:
$11.66
KR:
$1.64
APP:
36.76
KR:
35.20
APP:
0.11
KR:
43.08
APP:
23.64
KR:
0.25
APP:
61.44
KR:
5.49
APP:
$6.16B
KR:
$148.65B
APP:
$5.45B
KR:
$34.46B
APP:
$4.87B
KR:
$5.60B
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Return for Risk
APP vs. KR — Risk / Return Rank
APP
KR
APP vs. KR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and The Kroger Co. (KR). 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.
| APP | KR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.91 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.69 | +1.04 |
| Martin ratioReturn relative to average drawdown | 0.63 | -1.48 | +2.11 |
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Drawdowns
APP vs. KR - Drawdown Comparison
The maximum APP drawdown since its inception was -91.90%, which is greater than KR's maximum drawdown of -66.81%. Use the drawdown chart below to compare losses from any high point for APP and KR.
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Drawdown Indicators
| APP | KR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -66.81% | -25.09% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | -26.16% | -23.83% |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | -26.16% | -30.84% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -31.07% | -60.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.13% | — |
Current DrawdownCurrent decline from peak | -41.56% | -23.17% | -18.39% |
Average DrawdownAverage peak-to-trough decline | -42.36% | -22.44% | -19.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.19% | 12.27% | +14.92% |
Volatility
APP vs. KR - Volatility Comparison
AppLovin Corporation (APP) has a higher volatility of 21.89% compared to The Kroger Co. (KR) at 9.00%. This indicates that APP's price experiences larger fluctuations and is considered to be riskier than KR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APP | KR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.89% | 9.00% | +12.89% |
Volatility (6M)Calculated over the trailing 6-month period | 60.42% | 22.81% | +37.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.97% | 28.03% | +44.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.12% | 27.23% | +50.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.45% | 29.16% | +48.29% |
Dividends
APP vs. KR - Dividend Comparison
APP has not paid dividends to shareholders, while KR's dividend yield for the trailing twelve months is around 2.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APP AppLovin 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% |
KR The Kroger Co. | 2.42% | 2.14% | 2.00% | 2.41% | 2.11% | 1.72% | 2.14% | 2.07% | 1.93% | 1.79% | 1.30% | 0.94% |
Financials
APP vs. KR - Financials Comparison
This section allows you to compare key financial metrics between AppLovin Corporation and The Kroger 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
APP vs. KR - Profitability Comparison
APP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, AppLovin Corporation reported a gross profit of 1.64B and revenue of 1.84B. Therefore, the gross margin over that period was 89.0%.
KR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Kroger Co. reported a gross profit of 10.63B and revenue of 46.12B. Therefore, the gross margin over that period was 23.0%.
APP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, AppLovin Corporation reported an operating income of 1.44B and revenue of 1.84B, resulting in an operating margin of 78.2%.
KR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Kroger Co. reported an operating income of 1.41B and revenue of 46.12B, resulting in an operating margin of 3.1%.
APP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, AppLovin Corporation reported a net income of 1.21B and revenue of 1.84B, resulting in a net margin of 65.4%.
KR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Kroger Co. reported a net income of 903.00M and revenue of 46.12B, resulting in a net margin of 2.0%.
Frequently Asked Questions
APP and KR have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APP has higher volatility (21.89%) compared to KR (9.00%). In terms of maximum drawdown, APP dropped -91.90% vs KR's -66.81%.
APP currently has the higher Sharpe Ratio (0.23 vs -0.65), 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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