APP vs. WSM
APP (AppLovin Corporation) and WSM (Williams-Sonoma, Inc.) are both stocks. APP operates in Advertising Agencies (Communication Services), while WSM operates in Specialty Retail (Consumer Cyclical). Over the past 5 years, APP returned 43.23%/yr vs 23.70%/yr for WSM. At a 0.33 correlation, their price movements are largely independent.
Performance
APP vs. WSM - Performance Comparison
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Returns By Period
In the year-to-date period, APP achieves a -26.28% return, which is significantly lower than WSM's 26.06% return.
APP
- 1D
- 3.80%
- 1M
- 9.53%
- YTD
- -26.28%
- 6M
- -25.93%
- 1Y
- 30.53%
- 3Y*
- 180.45%
- 5Y*
- 43.23%
- 10Y*
- —
WSM
- 1D
- 2.19%
- 1M
- 29.92%
- YTD
- 26.06%
- 6M
- 20.02%
- 1Y
- 46.51%
- 3Y*
- 53.75%
- 5Y*
- 23.70%
- 10Y*
- 27.10%
APP vs. WSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
APP AppLovin Corporation | -26.28% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
WSM Williams-Sonoma, Inc. | 26.06% | -2.09% | 86.56% | 80.24% | -30.49% | -0.95% |
Correlation
The correlation between APP and WSM is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
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 | 0.33 |
Over the past year, the correlation between APP and WSM has dropped to 0.09 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
APP:
$168.27B
WSM:
$26.80B
APP:
$11.64
WSM:
$8.93
APP:
42.68
WSM:
25.04
APP:
0.13
WSM:
5.06
APP:
27.44
WSM:
3.46
APP:
71.20
WSM:
14.33
APP:
$6.16B
WSM:
$7.88B
APP:
$5.45B
WSM:
$3.63B
APP:
$4.87B
WSM:
$1.49B
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Return for Risk
APP vs. WSM — Risk / Return Rank
APP
WSM
APP vs. WSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppLovin Corporation (APP) and Williams-Sonoma, Inc. (WSM). 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 | WSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.23 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 2.01 | -1.39 |
| Martin ratioReturn relative to average drawdown | 1.22 | 4.55 | -3.33 |
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Drawdowns
APP vs. WSM - Drawdown Comparison
The maximum APP drawdown since its inception was -91.90%, roughly equal to the maximum WSM drawdown of -89.01%. Use the drawdown chart below to compare losses from any high point for APP and WSM.
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Drawdown Indicators
| APP | WSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -89.01% | -2.89% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | -23.27% | -26.72% |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | -36.79% | -20.21% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -51.92% | -39.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.71% | — |
Current DrawdownCurrent decline from peak | -32.28% | 0.00% | -32.28% |
Average DrawdownAverage peak-to-trough decline | -42.52% | -25.03% | -17.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.10% | 10.25% | +14.85% |
Volatility
APP vs. WSM - Volatility Comparison
AppLovin Corporation (APP) has a higher volatility of 20.54% compared to Williams-Sonoma, Inc. (WSM) at 12.02%. This indicates that APP's price experiences larger fluctuations and is considered to be riskier than WSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APP | WSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.54% | 12.02% | +8.52% |
Volatility (6M)Calculated over the trailing 6-month period | 58.87% | 25.57% | +33.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.03% | 34.63% | +36.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.84% | 44.77% | +33.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.53% | 44.26% | +33.27% |
Dividends
APP vs. WSM - Dividend Comparison
APP has not paid dividends to shareholders, while WSM's dividend yield for the trailing twelve months is around 1.23%.
| 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% |
WSM Williams-Sonoma, Inc. | 1.23% | 1.43% | 1.16% | 1.72% | 2.65% | 1.43% | 1.93% | 2.55% | 3.33% | 2.98% | 3.02% | 2.36% |
Financials
APP vs. WSM - Financials Comparison
This section allows you to compare key financial metrics between AppLovin Corporation and Williams-Sonoma, 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
APP vs. WSM - 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%.
WSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Williams-Sonoma, Inc. reported a gross profit of 793.43M and revenue of 1.81B. Therefore, the gross margin over that period was 44.0%.
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%.
WSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Williams-Sonoma, Inc. reported an operating income of 291.69M and revenue of 1.81B, resulting in an operating margin of 16.2%.
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%.
WSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Williams-Sonoma, Inc. reported a net income of 231.36M and revenue of 1.81B, resulting in a net margin of 12.8%.
Frequently Asked Questions
APP and WSM have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APP has higher volatility (20.54%) compared to WSM (12.02%). In terms of maximum drawdown, APP dropped -91.90% vs WSM's -89.01%.
WSM currently has the higher Sharpe Ratio (1.35 vs 0.43), 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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