GCMG vs. APP
GCMG (GCM Grosvenor Inc.) and APP (AppLovin Corporation) are both stocks. GCMG operates in Asset Management (Financial Services), while APP operates in Advertising Agencies (Communication Services). Over the past 5 years, GCMG returned 8.29%/yr vs 41.93%/yr for APP. At a 0.26 correlation, their price movements are largely independent.
Performance
GCMG vs. APP - Performance Comparison
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Returns By Period
In the year-to-date period, GCMG achieves a 9.51% return, which is significantly higher than APP's -30.34% return.
GCMG
- 1D
- 0.66%
- 1M
- 16.18%
- YTD
- 9.51%
- 6M
- 8.46%
- 1Y
- 10.50%
- 3Y*
- 23.47%
- 5Y*
- 8.29%
- 10Y*
- —
APP
- 1D
- -0.07%
- 1M
- -2.55%
- YTD
- -30.34%
- 6M
- -36.02%
- 1Y
- 44.56%
- 3Y*
- 171.75%
- 5Y*
- 41.93%
- 10Y*
- —
GCMG vs. APP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GCMG GCM Grosvenor Inc. | 9.51% | -4.35% | 43.01% | 24.65% | -24.03% | -11.31% |
APP AppLovin Corporation | -30.34% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
Correlation
The correlation between GCMG and APP is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.26 |
Fundamentals
GCMG:
$2.48B
APP:
$159.00B
GCMG:
$0.31
APP:
$11.64
GCMG:
38.67
APP:
40.32
GCMG:
0.32
APP:
0.12
GCMG:
4.34
APP:
25.92
GCMG:
97.43
APP:
67.27
GCMG:
$558.85M
APP:
$6.16B
GCMG:
$386.19M
APP:
$5.45B
GCMG:
$174.90M
APP:
$4.87B
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Return for Risk
GCMG vs. APP — Risk / Return Rank
GCMG
APP
GCMG vs. APP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GCM Grosvenor Inc. (GCMG) and AppLovin Corporation (APP). 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.
| GCMG | APP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 0.90 | -0.50 |
| Martin ratioReturn relative to average drawdown | 0.83 | 1.76 | -0.93 |
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Drawdowns
GCMG vs. APP - Drawdown Comparison
The maximum GCMG drawdown since its inception was -51.80%, smaller than the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for GCMG and APP.
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Drawdown Indicators
| GCMG | APP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.80% | -91.90% | +40.10% |
Max Drawdown (1Y)Largest decline over 1 year | -26.41% | -49.99% | +23.58% |
Max Drawdown (3Y)Largest decline over 3 years | -31.29% | -57.00% | +25.71% |
Max Drawdown (5Y)Largest decline over 5 years | -45.04% | -91.90% | +46.86% |
Current DrawdownCurrent decline from peak | -10.81% | -36.02% | +25.21% |
Average DrawdownAverage peak-to-trough decline | -22.90% | -42.48% | +19.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.68% | 25.37% | -12.69% |
Volatility
GCMG vs. APP - Volatility Comparison
The current volatility for GCM Grosvenor Inc. (GCMG) is 11.36%, while AppLovin Corporation (APP) has a volatility of 20.86%. This indicates that GCMG experiences smaller price fluctuations and is considered to be less risky than APP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GCMG | APP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.36% | 20.86% | -9.50% |
Volatility (6M)Calculated over the trailing 6-month period | 29.07% | 59.06% | -29.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.46% | 71.11% | -38.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.88% | 77.91% | -51.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.45% | 77.48% | -48.03% |
Dividends
GCMG vs. APP - Dividend Comparison
GCMG's dividend yield for the trailing twelve months is around 3.87%, while APP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
APP AppLovin Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GCMG GCM Grosvenor Inc. | 3.87% | 3.98% | 3.59% | 4.91% | 5.39% | 3.14% |
Financials
GCMG vs. APP - Financials Comparison
This section allows you to compare key financial metrics between GCM Grosvenor Inc. and AppLovin 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
GCMG vs. APP - Profitability Comparison
GCMG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GCM Grosvenor Inc. reported a gross profit of 49.41M and revenue of 124.78M. Therefore, the gross margin over that period was 39.6%.
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%.
GCMG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GCM Grosvenor Inc. reported an operating income of 1.92M and revenue of 124.78M, resulting in an operating margin of 1.5%.
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%.
GCMG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GCM Grosvenor Inc. reported a net income of 17.74M and revenue of 124.78M, resulting in a net margin of 14.2%.
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%.
Frequently Asked Questions
GCMG and APP have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APP has higher volatility (20.86%) compared to GCMG (11.36%). In terms of maximum drawdown, GCMG dropped -51.80% vs APP's -91.90%.
APP currently has the higher Sharpe Ratio (0.63 vs 0.33), 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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