APP vs. PRZO
APP (AppLovin Corporation) and PRZO (ParaZero Technologies Ltd. Ordinary Shares) are both stocks. APP operates in Advertising Agencies (Communication Services), while PRZO operates in Aerospace & Defense (Industrials). Over the past year, APP returned 30.53% vs -49.14% for PRZO. At a 0.10 correlation, their price movements are largely independent.
Performance
APP vs. PRZO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with APP having a -26.28% return and PRZO slightly lower at -26.98%.
APP
- 1D
- 3.80%
- 1M
- 9.53%
- YTD
- -26.28%
- 6M
- -25.93%
- 1Y
- 30.53%
- 3Y*
- 180.45%
- 5Y*
- 43.23%
- 10Y*
- —
PRZO
- 1D
- -3.06%
- 1M
- 7.50%
- YTD
- -26.98%
- 6M
- -52.77%
- 1Y
- -49.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APP vs. PRZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
APP AppLovin Corporation | -26.28% | 108.08% | 712.62% | 33.10% |
PRZO ParaZero Technologies Ltd. Ordinary Shares | -26.98% | -59.85% | 185.59% | -82.62% |
Correlation
The correlation between APP and PRZO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2023 | 0.10 |
Fundamentals
APP:
$168.27B
PRZO:
$11.14M
APP:
$11.64
PRZO:
-$0.33
APP:
27.44
PRZO:
13.95
APP:
71.20
PRZO:
11.25
APP:
$6.16B
PRZO:
$741.37K
APP:
$5.45B
PRZO:
-$40.47K
APP:
$4.87B
PRZO:
-$7.24M
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Return for Risk
APP vs. PRZO — Risk / Return Rank
APP
PRZO
APP vs. PRZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and ParaZero Technologies Ltd. Ordinary Shares (PRZO). 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 | PRZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.99 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | -0.64 | +1.26 |
| Martin ratioReturn relative to average drawdown | 1.22 | -1.16 | +2.38 |
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Drawdowns
APP vs. PRZO - Drawdown Comparison
The maximum APP drawdown since its inception was -91.90%, roughly equal to the maximum PRZO drawdown of -88.53%. Use the drawdown chart below to compare losses from any high point for APP and PRZO.
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Drawdown Indicators
| APP | PRZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -88.53% | -3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | -76.78% | +26.79% |
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% | -85.45% | +53.17% |
Average DrawdownAverage peak-to-trough decline | -42.52% | -74.24% | +31.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.10% | 42.41% | -17.31% |
Volatility
APP vs. PRZO - Volatility Comparison
The current volatility for AppLovin Corporation (APP) is 20.54%, while ParaZero Technologies Ltd. Ordinary Shares (PRZO) has a volatility of 50.24%. This indicates that APP experiences smaller price fluctuations and is considered to be less risky than PRZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APP | PRZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.54% | 50.24% | -29.70% |
Volatility (6M)Calculated over the trailing 6-month period | 58.87% | 91.31% | -32.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.03% | 117.45% | -46.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.84% | 174.37% | -96.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.53% | 174.37% | -96.84% |
Dividends
APP vs. PRZO - Dividend Comparison
Neither APP nor PRZO has paid dividends to shareholders.
Financials
APP vs. PRZO - Financials Comparison
This section allows you to compare key financial metrics between AppLovin Corporation and ParaZero Technologies Ltd. Ordinary 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 PRZO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRZO has higher volatility (50.24%) compared to APP (20.54%). In terms of maximum drawdown, APP dropped -91.90% vs PRZO's -88.53%.
APP currently has the higher Sharpe Ratio (0.43 vs -0.42), 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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