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

Correlation

The correlation between APPS and VOO is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

APPS vs. VOO - Performance Comparison

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

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
6.38%
7.93%
APPS
VOO

Key characteristics

Sharpe Ratio

APPS:

-0.66

VOO:

2.04

Sortino Ratio

APPS:

-1.08

VOO:

2.72

Omega Ratio

APPS:

0.86

VOO:

1.38

Calmar Ratio

APPS:

-0.79

VOO:

3.02

Martin Ratio

APPS:

-1.26

VOO:

13.60

Ulcer Index

APPS:

61.98%

VOO:

1.88%

Daily Std Dev

APPS:

117.40%

VOO:

12.52%

Max Drawdown

APPS:

-98.72%

VOO:

-33.99%

Current Drawdown

APPS:

-98.42%

VOO:

-3.52%

Returns By Period

In the year-to-date period, APPS achieves a -78.13% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, APPS has underperformed VOO with an annualized return of -7.68%, while VOO has yielded a comparatively higher 13.02% annualized return.


APPS

YTD

-78.13%

1M

20.00%

6M

4.17%

1Y

-78.75%

5Y*

-27.71%

10Y*

-7.68%

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

APPS vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Digital Turbine, Inc. (APPS) 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 APPS, currently valued at -0.66, compared to the broader market-4.00-2.000.002.00-0.662.04
The chart of Sortino ratio for APPS, currently valued at -1.08, compared to the broader market-4.00-2.000.002.004.00-1.082.72
The chart of Omega ratio for APPS, currently valued at 0.86, compared to the broader market0.501.001.502.000.861.38
The chart of Calmar ratio for APPS, currently valued at -0.79, compared to the broader market0.002.004.006.00-0.793.02
The chart of Martin ratio for APPS, currently valued at -1.26, compared to the broader market0.0010.0020.00-1.2613.60
APPS
VOO

The current APPS Sharpe Ratio is -0.66, which is lower than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of APPS 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 Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.66
2.04
APPS
VOO

Dividends

APPS vs. VOO - Dividend Comparison

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


TTM20232022202120202019201820172016201520142013
APPS
Digital Turbine, 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%
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

APPS vs. VOO - Drawdown Comparison

The maximum APPS drawdown since its inception was -98.72%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for APPS and VOO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-98.42%
-3.52%
APPS
VOO

Volatility

APPS vs. VOO - Volatility Comparison

Digital Turbine, Inc. (APPS) has a higher volatility of 20.65% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that APPS'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%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
20.65%
3.58%
APPS
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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