APPF vs. MSFT
APPF (AppFolio, Inc.) and MSFT (Microsoft Corporation) are both stocks. Both are in the Technology sector — APPF in Software - Application, MSFT in Software - Infrastructure. Over the past 10 years, APPF returned 26.30%/yr vs 23.62%/yr for MSFT. At a 0.42 correlation, their price movements are largely independent.
Performance
APPF vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, APPF achieves a -37.94% return, which is significantly lower than MSFT's -23.71% return. Over the past 10 years, APPF has outperformed MSFT with an annualized return of 26.30%, while MSFT has yielded a comparatively lower 23.62% annualized return.
APPF
- 1D
- -4.70%
- 1M
- -12.45%
- YTD
- -37.94%
- 6M
- -38.88%
- 1Y
- -35.34%
- 3Y*
- -4.55%
- 5Y*
- -0.42%
- 10Y*
- 26.30%
MSFT
- 1D
- -3.18%
- 1M
- -12.24%
- YTD
- -23.71%
- 6M
- -23.91%
- 1Y
- -22.44%
- 3Y*
- 3.92%
- 5Y*
- 7.61%
- 10Y*
- 23.62%
APPF vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APPF AppFolio, Inc. | -37.94% | -5.70% | 42.42% | 64.40% | -12.95% | -32.76% | 63.75% | 85.66% | 42.70% | 74.00% |
MSFT Microsoft Corporation | -23.71% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
Correlation
The correlation between APPF and MSFT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2015 | 0.42 |
Fundamentals
APPF:
$5.17B
MSFT:
$2.73T
APPF:
$4.21
MSFT:
$16.79
APPF:
34.32
MSFT:
21.88
APPF:
0.02
MSFT:
1.53
APPF:
5.24
MSFT:
8.61
APPF:
11.00
MSFT:
6.60
APPF:
$995.33M
MSFT:
$318.27B
APPF:
$629.41M
MSFT:
$217.41B
APPF:
$197.89M
MSFT:
$200.96B
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Return for Risk
APPF vs. MSFT — Risk / Return Rank
APPF
MSFT
APPF vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AppFolio, Inc. (APPF) and Microsoft Corporation (MSFT). 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.
| APPF | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.86 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | -0.66 | +0.02 |
| Martin ratioReturn relative to average drawdown | -1.03 | -1.32 | +0.30 |
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Drawdowns
APPF vs. MSFT - Drawdown Comparison
The maximum APPF drawdown since its inception was -55.38%, smaller than the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for APPF and MSFT.
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Drawdown Indicators
| APPF | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.38% | -69.38% | +14.00% |
Max Drawdown (1Y)Largest decline over 1 year | -55.38% | -33.91% | -21.47% |
Max Drawdown (3Y)Largest decline over 3 years | -55.38% | -33.91% | -21.47% |
Max Drawdown (5Y)Largest decline over 5 years | -55.38% | -37.15% | -18.23% |
Max Drawdown (10Y)Largest decline over 10 years | -55.38% | -37.15% | -18.23% |
Current DrawdownCurrent decline from peak | -55.06% | -31.80% | -23.26% |
Average DrawdownAverage peak-to-trough decline | -18.44% | -21.79% | +3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.38% | 16.97% | +17.41% |
Volatility
APPF vs. MSFT - Volatility Comparison
AppFolio, Inc. (APPF) has a higher volatility of 16.50% compared to Microsoft Corporation (MSFT) at 11.08%. This indicates that APPF's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APPF | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.50% | 11.08% | +5.42% |
Volatility (6M)Calculated over the trailing 6-month period | 32.11% | 22.93% | +9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.93% | 26.01% | +17.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.24% | 26.78% | +16.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.30% | 27.11% | +17.19% |
Dividends
APPF vs. MSFT - Dividend Comparison
APPF has not paid dividends to shareholders, while MSFT's dividend yield for the trailing twelve months is around 0.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APPF AppFolio, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.97% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Financials
APPF vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between AppFolio, Inc. and Microsoft Corporation. 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. MSFT - 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%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.
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%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.
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%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.
Frequently Asked Questions
APPF and MSFT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APPF has higher volatility (16.50%) compared to MSFT (11.08%). In terms of maximum drawdown, APPF dropped -55.38% vs MSFT's -69.38%.
APPF currently has the higher Sharpe Ratio (-0.81 vs -0.87), 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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