IBRX vs. APLD
IBRX (ImmunityBio, Inc.) and APLD (Applied Digital Corporation) are both stocks. IBRX operates in Biotechnology (Healthcare), while APLD operates in Information Technology Services (Technology). Over the past 10 years, IBRX returned 1.77%/yr vs 127.82%/yr for APLD. At a 0.15 correlation, their price movements are largely independent.
Performance
IBRX vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, IBRX achieves a 264.65% return, which is significantly higher than APLD's 84.34% return. Over the past 10 years, IBRX has underperformed APLD with an annualized return of 1.77%, while APLD has yielded a comparatively higher 127.82% annualized return.
IBRX
- 1D
- -1.90%
- 1M
- 0.00%
- YTD
- 264.65%
- 6M
- 218.06%
- 1Y
- 151.57%
- 3Y*
- 38.97%
- 5Y*
- -12.44%
- 10Y*
- 1.77%
APLD
- 1D
- -2.98%
- 1M
- -1.46%
- YTD
- 84.34%
- 6M
- 62.71%
- 1Y
- 337.56%
- 3Y*
- 77.44%
- 5Y*
- 105.95%
- 10Y*
- 127.82%
IBRX vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBRX ImmunityBio, Inc. | 264.65% | -22.66% | -49.00% | -0.99% | -16.61% | -54.39% | 251.72% | 226.72% | -74.16% | -21.50% |
APLD Applied Digital Corporation | 84.34% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
Correlation
The correlation between IBRX and APLD is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2015 | 0.15 |
The correlation between IBRX and APLD shifts across timeframes, from 0.15 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IBRX:
$7.41B
APLD:
$12.28B
IBRX:
-$0.89
APLD:
-$0.72
IBRX:
49.31
APLD:
30.64
IBRX:
$140.98M
APLD:
$390.57M
IBRX:
$132.23M
APLD:
$124.93M
IBRX:
-$196.14M
APLD:
-$154.66M
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Return for Risk
IBRX vs. APLD — Risk / Return Rank
IBRX
APLD
IBRX vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ImmunityBio, Inc. (IBRX) and Applied Digital Corporation (APLD). 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.
| IBRX | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.39 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 6.76 | -3.16 |
| Martin ratioReturn relative to average drawdown | 6.15 | 16.62 | -10.46 |
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Drawdowns
IBRX vs. APLD - Drawdown Comparison
The maximum IBRX drawdown since its inception was -97.30%, roughly equal to the maximum APLD drawdown of -99.73%. Use the drawdown chart below to compare losses from any high point for IBRX and APLD.
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Drawdown Indicators
| IBRX | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.30% | -99.73% | +2.43% |
Max Drawdown (1Y)Largest decline over 1 year | -42.34% | -50.31% | +7.97% |
Max Drawdown (3Y)Largest decline over 3 years | -79.34% | -76.66% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -91.75% | -82.61% | -9.14% |
Max Drawdown (10Y)Largest decline over 10 years | -97.03% | -89.80% | -7.23% |
Current DrawdownCurrent decline from peak | -82.91% | -8.96% | -73.95% |
Average DrawdownAverage peak-to-trough decline | -84.38% | -74.78% | -9.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.76% | 20.43% | +4.33% |
Volatility
IBRX vs. APLD - Volatility Comparison
The current volatility for ImmunityBio, Inc. (IBRX) is 18.35%, while Applied Digital Corporation (APLD) has a volatility of 30.09%. This indicates that IBRX experiences smaller price fluctuations and is considered to be less risky than APLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBRX | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.35% | 30.09% | -11.74% |
Volatility (6M)Calculated over the trailing 6-month period | 88.53% | 77.05% | +11.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.49% | 106.79% | -2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 113.44% | 165.10% | -51.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 111.42% | 301.63% | -190.21% |
Dividends
IBRX vs. APLD - Dividend Comparison
Neither IBRX nor APLD has paid dividends to shareholders.
Financials
IBRX vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between ImmunityBio, Inc. and Applied Digital 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
Frequently Asked Questions
IBRX and APLD have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (30.09%) compared to IBRX (18.35%). In terms of maximum drawdown, IBRX dropped -97.30% vs APLD's -99.73%.
APLD currently has the higher Sharpe Ratio (3.19 vs 1.46), 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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