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APP vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between APP and VOO is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

APP vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AppLovin Corporation (APP) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
305.65%
7.93%
APP
VOO

Key characteristics

Sharpe Ratio

APP:

8.49

VOO:

2.04

Sortino Ratio

APP:

6.93

VOO:

2.72

Omega Ratio

APP:

1.91

VOO:

1.38

Calmar Ratio

APP:

9.97

VOO:

3.02

Martin Ratio

APP:

96.25

VOO:

13.60

Ulcer Index

APP:

6.92%

VOO:

1.88%

Daily Std Dev

APP:

78.45%

VOO:

12.52%

Max Drawdown

APP:

-91.90%

VOO:

-33.99%

Current Drawdown

APP:

-22.02%

VOO:

-3.52%

Returns By Period

In the year-to-date period, APP achieves a 685.62% return, which is significantly higher than VOO's 24.65% return.


APP

YTD

685.62%

1M

5.06%

6M

287.27%

1Y

618.22%

5Y*

N/A

10Y*

N/A

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

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Risk-Adjusted Performance

APP vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for APP, currently valued at 8.49, compared to the broader market-4.00-2.000.002.008.492.04
The chart of Sortino ratio for APP, currently valued at 6.93, compared to the broader market-4.00-2.000.002.004.006.932.72
The chart of Omega ratio for APP, currently valued at 1.91, compared to the broader market0.501.001.502.001.911.38
The chart of Calmar ratio for APP, currently valued at 9.97, compared to the broader market0.002.004.006.009.973.02
The chart of Martin ratio for APP, currently valued at 96.25, compared to the broader market0.0010.0020.0096.2513.60
APP
VOO

The current APP Sharpe Ratio is 8.49, which is higher than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of APP and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.0014.00JulyAugustSeptemberOctoberNovemberDecember
8.49
2.04
APP
VOO

Dividends

APP vs. VOO - Dividend Comparison

APP has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.26%.


TTM20232022202120202019201820172016201520142013
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%
VOO
Vanguard S&P 500 ETF
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

APP vs. VOO - Drawdown Comparison

The maximum APP drawdown since its inception was -91.90%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for APP and VOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-22.02%
-3.52%
APP
VOO

Volatility

APP vs. VOO - Volatility Comparison

AppLovin Corporation (APP) has a higher volatility of 25.93% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that APP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
25.93%
3.58%
APP
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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