APPF vs. FWONK
APPF (AppFolio, Inc.) and FWONK (Formula One Group) are both stocks. APPF operates in Software - Application (Technology), while FWONK operates in Broadcasting (Communication Services). Over the past 10 years, APPF returned 27.54%/yr vs 16.25%/yr for FWONK. At a 0.26 correlation, their price movements are largely independent.
Performance
APPF vs. FWONK - Performance Comparison
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Returns By Period
In the year-to-date period, APPF achieves a -28.53% return, which is significantly lower than FWONK's -11.81% return. Over the past 10 years, APPF has outperformed FWONK with an annualized return of 27.54%, while FWONK has yielded a comparatively lower 16.25% annualized return.
APPF
- 1D
- -4.79%
- 1M
- -4.24%
- YTD
- -28.53%
- 6M
- -29.67%
- 1Y
- -23.78%
- 3Y*
- 1.32%
- 5Y*
- 4.39%
- 10Y*
- 27.54%
FWONK
- 1D
- -2.73%
- 1M
- -1.46%
- YTD
- -11.81%
- 6M
- -5.86%
- 1Y
- -9.94%
- 3Y*
- 7.13%
- 5Y*
- 14.95%
- 10Y*
- 16.25%
APPF vs. FWONK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APPF AppFolio, Inc. | -28.53% | -5.70% | 42.42% | 64.40% | -12.95% | -32.76% | 63.75% | 85.66% | 42.70% | 74.00% |
FWONK Formula One Group | -11.81% | 6.31% | 46.78% | 7.40% | -5.47% | 48.45% | -7.32% | 49.72% | -10.13% | 9.03% |
Correlation
The correlation between APPF and FWONK is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2015 | 0.26 |
The correlation between APPF and FWONK shifts across timeframes, from 0.08 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
APPF:
$4.21
FWONK:
$3.23
APPF:
39.52
FWONK:
26.91
APPF:
0.02
FWONK:
0.47
APPF:
6.03
FWONK:
3.44
APPF:
$995.33M
FWONK:
$4.75B
APPF:
$629.41M
FWONK:
$1.29B
APPF:
$197.89M
FWONK:
$1.29B
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Return for Risk
APPF vs. FWONK — Risk / Return Rank
APPF
FWONK
APPF vs. FWONK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppFolio, Inc. (APPF) and Formula One Group (FWONK). 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.
| APPF | FWONK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.95 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.40 | -0.03 |
| Martin ratioReturn relative to average drawdown | -0.73 | -0.75 | +0.01 |
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
| APPF | FWONK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.55 | -0.41 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.56 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.50 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.24 | +0.33 |
Drawdowns
APPF vs. FWONK - Drawdown Comparison
The maximum APPF drawdown since its inception was -55.38%, roughly equal to the maximum FWONK drawdown of -57.74%. Use the drawdown chart below to compare losses from any high point for APPF and FWONK.
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Drawdown Indicators
| APPF | FWONK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.38% | -57.74% | +2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -55.38% | -24.84% | -30.54% |
Max Drawdown (3Y)Largest decline over 3 years | -55.38% | -24.84% | -30.54% |
Max Drawdown (5Y)Largest decline over 5 years | -55.38% | -24.84% | -30.54% |
Max Drawdown (10Y)Largest decline over 10 years | -55.38% | -57.74% | +2.36% |
Current DrawdownCurrent decline from peak | -48.24% | -19.80% | -28.44% |
Average DrawdownAverage peak-to-trough decline | -18.31% | -12.65% | -5.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.57% | 13.35% | +19.22% |
Volatility
APPF vs. FWONK - Volatility Comparison
AppFolio, Inc. (APPF) has a higher volatility of 15.63% compared to Formula One Group (FWONK) at 8.93%. This indicates that APPF's price experiences larger fluctuations and is considered to be riskier than FWONK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APPF | FWONK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.63% | 8.93% | +6.70% |
Volatility (6M)Calculated over the trailing 6-month period | 31.00% | 18.82% | +12.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.27% | 24.13% | +19.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.17% | 26.92% | +16.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.23% | 32.89% | +11.34% |
Dividends
APPF vs. FWONK - Dividend Comparison
Neither APPF nor FWONK has paid dividends to shareholders.
Financials
APPF vs. FWONK - Financials Comparison
This section allows you to compare key financial metrics between AppFolio, Inc. and Formula One Group. 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
APPF vs. FWONK - Profitability Comparison
APPF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AppFolio, Inc. reported a gross profit of 167.24M and revenue of 262.21M. Therefore, the gross margin over that period was 63.8%.
FWONK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Formula One Group reported a gross profit of 298.00M and revenue of 711.00M. Therefore, the gross margin over that period was 41.9%.
APPF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AppFolio, Inc. reported an operating income of 50.75M and revenue of 262.21M, resulting in an operating margin of 19.4%.
FWONK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Formula One Group reported an operating income of 64.00M and revenue of 711.00M, resulting in an operating margin of 9.0%.
APPF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AppFolio, Inc. reported a net income of 42.42M and revenue of 262.21M, resulting in a net margin of 16.2%.
FWONK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Formula One Group reported a net income of 57.00M and revenue of 711.00M, resulting in a net margin of 8.0%.
Frequently Asked Questions
APPF and FWONK have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APPF has higher volatility (15.63%) compared to FWONK (8.93%). In terms of maximum drawdown, APPF dropped -55.38% vs FWONK's -57.74%.
FWONK currently has the higher Sharpe Ratio (-0.41 vs -0.55), 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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