APPS vs. U
APPS (Digital Turbine, Inc.) and U (Unity Software Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, APPS returned -33.75%/yr vs -19.86%/yr for U. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
APPS vs. U - Performance Comparison
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Returns By Period
In the year-to-date period, APPS achieves a 71.00% return, which is significantly higher than U's -30.34% return.
APPS
- 1D
- -8.06%
- 1M
- 132.34%
- YTD
- 71.00%
- 6M
- 78.87%
- 1Y
- 78.31%
- 3Y*
- -3.11%
- 5Y*
- -33.75%
- 10Y*
- 23.22%
U
- 1D
- -4.35%
- 1M
- 13.42%
- YTD
- -30.34%
- 6M
- -30.73%
- 1Y
- 17.26%
- 3Y*
- -0.25%
- 5Y*
- -19.86%
- 10Y*
- —
APPS vs. U - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
APPS Digital Turbine, Inc. | 71.00% | 195.86% | -75.36% | -54.99% | -75.01% | 7.83% | 72.49% |
U Unity Software Inc. | -30.34% | 96.57% | -45.05% | 43.02% | -80.01% | -6.83% | 124.54% |
Correlation
The correlation between APPS and U is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2020 | 0.55 |
The correlation between APPS and U shifts across timeframes, from 0.41 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
APPS:
$1.03B
U:
$13.36B
APPS:
-$0.27
U:
-$1.58
APPS:
1.75
U:
6.82
APPS:
5.34
U:
4.49
APPS:
$555.80M
U:
$1.92B
APPS:
$392.99M
U:
$1.14B
APPS:
$80.59M
U:
-$294.88M
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Return for Risk
APPS vs. U — Risk / Return Rank
APPS
U
APPS vs. U - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Digital Turbine, Inc. (APPS) and Unity Software Inc. (U). 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.
| APPS | U | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.74 | 0.23 | +0.50 |
Sortino ratioReturn per unit of downside risk | 2.07 | 0.84 | +1.23 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.12 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.30 | 0.28 | +1.02 |
Martin ratioReturn relative to average drawdown | 2.17 | 0.56 | +1.61 |
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
| APPS | U | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 0.23 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | -0.26 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | -0.17 | +0.24 |
Drawdowns
APPS vs. U - Drawdown Comparison
The maximum APPS drawdown since its inception was -98.72%, which is greater than U's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for APPS and U.
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Drawdown Indicators
| APPS | U | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.72% | -93.07% | -5.65% |
Max Drawdown (1Y)Largest decline over 1 year | -62.60% | -65.37% | +2.77% |
Max Drawdown (3Y)Largest decline over 3 years | -89.18% | -71.28% | -17.90% |
Max Drawdown (5Y)Largest decline over 5 years | -98.68% | -93.07% | -5.61% |
Max Drawdown (10Y)Largest decline over 10 years | -98.72% | — | — |
Current DrawdownCurrent decline from peak | -90.98% | -84.70% | -6.28% |
Average DrawdownAverage peak-to-trough decline | -77.72% | -69.35% | -8.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.43% | 32.36% | +5.07% |
Volatility
APPS vs. U - Volatility Comparison
Digital Turbine, Inc. (APPS) has a higher volatility of 41.56% compared to Unity Software Inc. (U) at 14.93%. This indicates that APPS's price experiences larger fluctuations and is considered to be riskier than U based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APPS | U | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.56% | 14.93% | +26.63% |
Volatility (6M)Calculated over the trailing 6-month period | 59.35% | 60.68% | -1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.65% | 74.22% | +32.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 109.55% | 77.22% | +32.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 93.38% | 76.54% | +16.84% |
Dividends
APPS vs. U - Dividend Comparison
Neither APPS nor U has paid dividends to shareholders.
Financials
APPS vs. U - Financials Comparison
This section allows you to compare key financial metrics between Digital Turbine, Inc. and Unity Software 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
APPS vs. U - Profitability Comparison
APPS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Digital Turbine, Inc. reported a gross profit of 129.83M and revenue of 142.55M. Therefore, the gross margin over that period was 91.1%.
U - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Unity Software Inc. reported a gross profit of 156.60M and revenue of 508.24M. Therefore, the gross margin over that period was 30.8%.
APPS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Digital Turbine, Inc. reported an operating income of 10.52M and revenue of 142.55M, resulting in an operating margin of 7.4%.
U - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Unity Software Inc. reported an operating income of -351.41M and revenue of 508.24M, resulting in an operating margin of -69.1%.
APPS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Digital Turbine, Inc. reported a net income of -7.34M and revenue of 142.55M, resulting in a net margin of -5.2%.
U - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Unity Software Inc. reported a net income of -346.93M and revenue of 508.24M, resulting in a net margin of -68.3%.
Frequently Asked Questions
APPS and U have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APPS has higher volatility (41.56%) compared to U (14.93%). In terms of maximum drawdown, APPS dropped -98.72% vs U's -93.07%.
APPS currently has the higher Sharpe Ratio (0.74 vs 0.23), 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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