APP vs. MOB
APP (AppLovin Corporation) and MOB (Mobilicom Limited American Depositary Shares) are both stocks. APP operates in Advertising Agencies (Communication Services), while MOB operates in Communication Equipment (Technology). At a 0.23 correlation, their price movements are largely independent.
Performance
APP vs. MOB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APP achieves a -26.28% return, which is significantly lower than MOB's 2.30% return.
APP
- 1D
- 3.80%
- 1M
- 9.53%
- YTD
- -26.28%
- 6M
- -25.93%
- 1Y
- 30.53%
- 3Y*
- 180.45%
- 5Y*
- 43.23%
- 10Y*
- —
MOB
- 1D
- 6.85%
- 1M
- 7.03%
- YTD
- 2.30%
- 6M
- -11.74%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APP vs. MOB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
APP AppLovin Corporation | -26.28% | -2.62% |
MOB Mobilicom Limited American Depositary Shares | 2.30% | -25.52% |
Correlation
The correlation between APP and MOB is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 8, 2025 | 0.23 |
Fundamentals
APP:
$168.27B
MOB:
$55.23M
APP:
$11.64
MOB:
-$3.88
APP:
27.44
MOB:
7.81
APP:
71.20
MOB:
6.26
APP:
$6.16B
MOB:
$6.54M
APP:
$5.45B
MOB:
$3.62M
APP:
$4.87B
MOB:
-$31.15M
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
APP vs. MOB — Risk / Return Rank
APP
MOB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
APP vs. MOB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and Mobilicom Limited American Depositary Shares (MOB). 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 | MOB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | — | — |
| Martin ratioReturn relative to average drawdown | 1.22 | — | — |
Loading charts...
Drawdowns
APP vs. MOB - Drawdown Comparison
The maximum APP drawdown since its inception was -91.90%, which is greater than MOB's maximum drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for APP and MOB.
Loading charts...
Drawdown Indicators
| APP | MOB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -50.00% | -41.90% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | — | — |
Current DrawdownCurrent decline from peak | -32.28% | -32.61% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -42.52% | -29.98% | -12.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.10% | — | — |
Volatility
APP vs. MOB - Volatility Comparison
Loading charts...
Volatility by Period
| APP | MOB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.54% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 58.87% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.03% | 112.49% | -41.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.84% | 112.49% | -34.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.53% | 112.49% | -34.96% |
Dividends
APP vs. MOB - Dividend Comparison
Neither APP nor MOB has paid dividends to shareholders.
Financials
APP vs. MOB - Financials Comparison
This section allows you to compare key financial metrics between AppLovin Corporation and Mobilicom Limited American Depositary Shares. 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
APP and MOB have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for APP and MOB
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