APP vs. STX
APP (AppLovin Corporation) and STX (Seagate Technology plc) are both stocks. APP operates in Advertising Agencies (Communication Services), while STX operates in Computer Hardware (Technology). Over the past 5 years, APP returned 44.79%/yr vs 58.71%/yr for STX. At a 0.32 correlation, their price movements are largely independent.
Performance
APP vs. STX - Performance Comparison
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Returns By Period
In the year-to-date period, APP achieves a -22.70% return, which is significantly lower than STX's 207.74% return.
APP
- 1D
- -7.60%
- 1M
- 11.16%
- YTD
- -22.70%
- 6M
- -28.12%
- 1Y
- 35.78%
- 3Y*
- 184.32%
- 5Y*
- 44.79%
- 10Y*
- —
STX
- 1D
- -3.51%
- 1M
- 8.10%
- YTD
- 207.74%
- 6M
- 200.40%
- 1Y
- 558.30%
- 3Y*
- 146.89%
- 5Y*
- 58.71%
- 10Y*
- 49.40%
APP vs. STX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
APP AppLovin Corporation | -22.70% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
STX Seagate Technology plc | 207.74% | 225.26% | 4.06% | 69.12% | -51.42% | 43.90% |
Correlation
The correlation between APP and STX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.32 |
Fundamentals
APP:
$176.42B
STX:
$192.89B
APP:
$11.64
STX:
$10.58
APP:
44.74
STX:
79.96
APP:
0.13
STX:
0.96
APP:
28.77
STX:
17.27
APP:
74.65
STX:
176.16
APP:
$6.16B
STX:
$11.01B
APP:
$5.45B
STX:
$4.57B
APP:
$4.87B
STX:
$2.59B
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Return for Risk
APP vs. STX — Risk / Return Rank
APP
STX
APP vs. STX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and Seagate Technology plc (STX). 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.
| APP | STX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.35 | ||
| Sortino ratioReturn per unit of downside risk | -4.88 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.77 | -0.62 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 26.82 | -26.11 |
| Martin ratioReturn relative to average drawdown | 1.44 | 78.31 | -76.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| APP | STX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 8.86 | -8.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 1.32 | -0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.53 | +0.09 |
Drawdowns
APP vs. STX - Drawdown Comparison
The maximum APP drawdown since its inception was -91.90%, roughly equal to the maximum STX drawdown of -88.74%. Use the drawdown chart below to compare losses from any high point for APP and STX.
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Drawdown Indicators
| APP | STX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -88.74% | -3.16% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | -21.00% | -28.99% |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | -40.00% | -17.00% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -56.99% | -34.91% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.99% | — |
Current DrawdownCurrent decline from peak | -29.00% | -10.06% | -18.94% |
Average DrawdownAverage peak-to-trough decline | -42.54% | -26.45% | -16.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.87% | 7.18% | +17.69% |
Volatility
APP vs. STX - Volatility Comparison
AppLovin Corporation (APP) has a higher volatility of 21.00% compared to Seagate Technology plc (STX) at 18.38%. This indicates that APP's price experiences larger fluctuations and is considered to be riskier than STX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APP | STX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.00% | 18.38% | +2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 58.73% | 50.00% | +8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.15% | 63.57% | +7.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.81% | 44.66% | +33.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.55% | 42.17% | +35.38% |
Dividends
APP vs. STX - Dividend Comparison
APP has not paid dividends to shareholders, while STX's dividend yield for the trailing twelve months is around 0.35%.
| 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% |
STX Seagate Technology plc | 0.35% | 1.05% | 3.27% | 3.28% | 5.32% | 2.40% | 4.21% | 4.27% | 6.53% | 6.02% | 6.60% | 6.14% |
Financials
APP vs. STX - Financials Comparison
This section allows you to compare key financial metrics between AppLovin Corporation and Seagate Technology plc. 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. STX - Profitability Comparison
APP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
STX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a gross profit of 1.45B and revenue of 3.11B. Therefore, the gross margin over that period was 46.5%.
APP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AppLovin Corporation reported an operating income of 1.44B and revenue of 1.84B, resulting in an operating margin of 78.2%.
STX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported an operating income of 982.00M and revenue of 3.11B, resulting in an operating margin of 31.6%.
APP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AppLovin Corporation reported a net income of 1.21B and revenue of 1.84B, resulting in a net margin of 65.4%.
STX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a net income of 748.00M and revenue of 3.11B, resulting in a net margin of 24.0%.
Frequently Asked Questions
APP and STX 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.
APP has higher volatility (21.00%) compared to STX (18.38%). In terms of maximum drawdown, APP dropped -91.90% vs STX's -88.74%.
STX currently has the higher Sharpe Ratio (8.86 vs 0.51), 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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