APP vs. T
APP (AppLovin Corporation) and T (AT&T Inc.) are both stocks. Both are in the Communication Services sector — APP in Advertising Agencies, T in Telecom Services. Over the past 5 years, APP returned 46.89%/yr vs 7.35%/yr for T. At a 0.06 correlation, their price movements are largely independent.
Performance
APP vs. T - 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 T's -5.73% 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%
T
- 1D
- 1.41%
- 1M
- 4.07%
- 6M
- -1.30%
- YTD
- -5.73%
- 1Y
- -13.56%
- 3Y*
- 21.50%
- 5Y*
- 7.35%
- 10Y*
- 2.24%
- ALL TIME*
- 9.38%
APP vs. T - 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% |
T AT&T Inc. | -5.73% | 13.97% | 44.08% | -2.74% | 5.76% | -14.11% |
Correlation
The correlation between APP and T is -0.19, 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 | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.06 |
The correlation between APP and T shifts across timeframes, from -0.19 (1 year) to 0.07 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
APP:
$144.01B
T:
$154.67B
APP:
$11.66
T:
$3.05
APP:
36.76
T:
7.30
APP:
0.11
T:
0.30
APP:
23.64
T:
1.27
APP:
$6.16B
T:
$125.65B
APP:
$5.45B
T:
$105.41B
APP:
$4.87B
T:
$54.70B
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Return for Risk
APP vs. T — Risk / Return Rank
APP
T
APP vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and AT&T Inc. (T). 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 | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.92 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.47 | +0.81 |
| Martin ratioReturn relative to average drawdown | 0.63 | -1.04 | +1.67 |
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Drawdowns
APP vs. T - Drawdown Comparison
The maximum APP drawdown since its inception was -91.90%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for APP and T.
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Drawdown Indicators
| APP | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -64.15% | -27.75% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | -28.89% | -21.10% |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | -28.89% | -28.11% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -32.01% | -59.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.35% | — |
Current DrawdownCurrent decline from peak | -41.56% | -20.46% | -21.10% |
Average DrawdownAverage peak-to-trough decline | -42.36% | -15.74% | -26.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.19% | 13.01% | +14.18% |
Volatility
APP vs. T - Volatility Comparison
AppLovin Corporation (APP) has a higher volatility of 21.89% compared to AT&T Inc. (T) at 9.45%. This indicates that APP's price experiences larger fluctuations and is considered to be riskier than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APP | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.89% | 9.45% | +12.44% |
Volatility (6M)Calculated over the trailing 6-month period | 60.42% | 19.94% | +40.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.97% | 23.72% | +49.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.12% | 24.39% | +53.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.45% | 23.92% | +53.53% |
Dividends
APP vs. T - Dividend Comparison
APP has not paid dividends to shareholders, while T's dividend yield for the trailing twelve months is around 6.49%.
| 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% |
T AT&T Inc. | 6.49% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
APP vs. T - Financials Comparison
This section allows you to compare key financial metrics between AppLovin Corporation and AT&T 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 T have a correlation of -0.19, 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 T (9.45%). In terms of maximum drawdown, APP dropped -91.90% vs T's -64.15%.
APP currently has the higher Sharpe Ratio (0.23 vs -0.58), 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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