APP vs. PSIX
APP (AppLovin Corporation) and PSIX (Power Solutions International, Inc.) are both stocks. APP operates in Advertising Agencies (Communication Services), while PSIX operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, APP returned 40.77%/yr vs 50.88%/yr for PSIX. At a 0.10 correlation, their price movements are largely independent.
Performance
APP vs. PSIX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with APP having a -30.69% return and PSIX slightly lower at -31.59%.
APP
- 1D
- -0.50%
- 1M
- -3.04%
- YTD
- -30.69%
- 6M
- -35.89%
- 1Y
- 39.24%
- 3Y*
- 171.29%
- 5Y*
- 40.77%
- 10Y*
- —
PSIX
- 1D
- -0.05%
- 1M
- 0.57%
- YTD
- -31.59%
- 6M
- -41.69%
- 1Y
- -35.77%
- 3Y*
- 150.06%
- 5Y*
- 50.88%
- 10Y*
- 8.29%
APP vs. PSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
APP AppLovin Corporation | -30.69% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
PSIX Power Solutions International, Inc. | -31.59% | 92.07% | 1,351.22% | -31.67% | 0.00% | -57.14% |
Correlation
The correlation between APP and PSIX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.10 |
Fundamentals
APP:
$158.19B
PSIX:
$901.53M
APP:
$11.64
PSIX:
$4.43
APP:
40.12
PSIX:
8.82
APP:
0.12
PSIX:
0.09
APP:
25.79
PSIX:
1.54
APP:
66.93
PSIX:
4.85
APP:
$6.16B
PSIX:
$586.96M
APP:
$5.45B
PSIX:
$172.81M
APP:
$4.87B
PSIX:
$102.78M
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Return for Risk
APP vs. PSIX — Risk / Return Rank
APP
PSIX
APP vs. PSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and Power Solutions International, Inc. (PSIX). 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 | PSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.02 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | -0.52 | +1.31 |
| Martin ratioReturn relative to average drawdown | 1.54 | -0.93 | +2.48 |
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Drawdowns
APP vs. PSIX - Drawdown Comparison
The maximum APP drawdown since its inception was -91.90%, smaller than the maximum PSIX drawdown of -98.55%. Use the drawdown chart below to compare losses from any high point for APP and PSIX.
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Drawdown Indicators
| APP | PSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -98.55% | +6.65% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | -68.60% | +18.61% |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | -68.60% | +11.60% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -84.38% | -7.52% |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.77% | — |
Current DrawdownCurrent decline from peak | -36.34% | -66.24% | +29.90% |
Average DrawdownAverage peak-to-trough decline | -42.48% | -68.20% | +25.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.48% | 38.32% | -12.84% |
Volatility
APP vs. PSIX - Volatility Comparison
AppLovin Corporation (APP) has a higher volatility of 20.85% compared to Power Solutions International, Inc. (PSIX) at 17.85%. This indicates that APP's price experiences larger fluctuations and is considered to be riskier than PSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APP | PSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.85% | 17.85% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 58.78% | 89.13% | -30.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.97% | 102.18% | -31.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.90% | 113.11% | -35.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.45% | 105.98% | -28.53% |
Dividends
APP vs. PSIX - Dividend Comparison
Neither APP nor PSIX has paid dividends to shareholders.
Financials
APP vs. PSIX - Financials Comparison
This section allows you to compare key financial metrics between AppLovin Corporation and Power Solutions International, Inc.. 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 PSIX 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 (20.85%) compared to PSIX (17.85%). In terms of maximum drawdown, APP dropped -91.90% vs PSIX's -98.55%.
APP currently has the higher Sharpe Ratio (0.56 vs -0.35), 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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