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 44.79%/yr vs 6.68%/yr for T. At a 0.07 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 -22.70% return, which is significantly lower than T's -6.54% return.
APP
- 1D
- -7.60%
- 1M
- 11.16%
- YTD
- -22.70%
- 6M
- -28.12%
- 1Y
- 35.78%
- 3Y*
- 184.32%
- 5Y*
- 44.79%
- 10Y*
- —
T
- 1D
- 0.93%
- 1M
- -9.74%
- YTD
- -6.54%
- 6M
- -5.28%
- 1Y
- -14.93%
- 3Y*
- 18.75%
- 5Y*
- 6.68%
- 10Y*
- 2.95%
APP vs. T - 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% |
T AT&T Inc. | -6.54% | 13.97% | 44.08% | -2.74% | 5.76% | -14.11% |
Correlation
The correlation between APP and T is -0.12, 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 | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.07 |
The correlation between APP and T shifts across timeframes, from -0.12 (1 year) to 0.08 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
APP:
$11.64
T:
$3.04
APP:
44.74
T:
7.46
APP:
0.13
T:
0.31
APP:
28.77
T:
1.30
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.
| APP | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.90 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | -0.69 | +1.40 |
| Martin ratioReturn relative to average drawdown | 1.44 | -1.43 | +2.88 |
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 | T | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | -0.68 | +1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.28 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.38 | +0.24 |
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% | -21.87% | -28.12% |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | -21.87% | -35.13% |
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 | -29.00% | -21.14% | -7.86% |
Average DrawdownAverage peak-to-trough decline | -42.54% | -15.72% | -26.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.87% | 10.43% | +14.44% |
Volatility
APP vs. T - Volatility Comparison
AppLovin Corporation (APP) has a higher volatility of 21.00% compared to AT&T Inc. (T) at 7.65%. 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 | 21.00% | 7.65% | +13.35% |
Volatility (6M)Calculated over the trailing 6-month period | 58.73% | 17.59% | +41.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.15% | 21.96% | +49.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.81% | 23.98% | +53.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.55% | 23.72% | +53.83% |
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 4.89%.
| 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. | 4.89% | 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 -0.12, 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 T (7.65%). In terms of maximum drawdown, APP dropped -91.90% vs T's -64.15%.
APP currently has the higher Sharpe Ratio (0.51 vs -0.68), 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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