JNJ vs. APP
JNJ (Johnson & Johnson) and APP (AppLovin Corporation) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while APP operates in Advertising Agencies (Communication Services). Over the past 5 years, JNJ returned 10.94%/yr vs 43.23%/yr for APP. At a correlation of -0.09, they often move in opposite directions.
Performance
JNJ vs. APP - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 17.68% return, which is significantly higher than APP's -26.28% return.
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
APP
- 1D
- 3.80%
- 1M
- 9.53%
- YTD
- -26.28%
- 6M
- -25.93%
- 1Y
- 30.53%
- 3Y*
- 180.45%
- 5Y*
- 43.23%
- 10Y*
- —
JNJ vs. APP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 8.99% |
APP AppLovin Corporation | -26.28% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
Correlation
The correlation between JNJ and APP is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | -0.09 |
The correlation between JNJ and APP shifts across timeframes, from -0.22 (3 years) to -0.09 (all time), reflecting how their relationship changes across market environments.
Fundamentals
JNJ:
$588.98B
APP:
$168.27B
JNJ:
$8.65
APP:
$11.64
JNJ:
27.85
APP:
42.68
JNJ:
0.93
APP:
0.13
JNJ:
6.08
APP:
27.44
JNJ:
7.25
APP:
71.20
JNJ:
$96.36B
APP:
$6.16B
JNJ:
$66.60B
APP:
$5.45B
JNJ:
$31.62B
APP:
$4.87B
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Return for Risk
JNJ vs. APP — Risk / Return Rank
JNJ
APP
JNJ vs. APP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) 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.
| JNJ | APP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.99 | ||
| Sortino ratioReturn per unit of downside risk | +3.92 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.13 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | 0.61 | +4.67 |
| Martin ratioReturn relative to average drawdown | 15.52 | 1.22 | +14.30 |
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Drawdowns
JNJ vs. APP - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for JNJ and APP.
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Drawdown Indicators
| JNJ | APP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -91.90% | +41.23% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -49.99% | +39.03% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -57.00% | +41.05% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -91.90% | +73.49% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | — | — |
Current DrawdownCurrent decline from peak | -2.54% | -32.28% | +29.74% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -42.52% | +30.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 25.10% | -21.38% |
Volatility
JNJ vs. APP - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 5.47%, while AppLovin Corporation (APP) has a volatility of 20.54%. This indicates that JNJ 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
| JNJ | APP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 20.54% | -15.07% |
Volatility (6M)Calculated over the trailing 6-month period | 12.16% | 58.87% | -46.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 71.03% | -54.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 77.84% | -60.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 77.53% | -59.05% |
Dividends
JNJ vs. APP - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.18%, while APP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APP AppLovin Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
JNJ vs. APP - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson 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
JNJ vs. APP - Profitability Comparison
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
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%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
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%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
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
JNJ and APP have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APP has higher volatility (20.54%) compared to JNJ (5.47%). In terms of maximum drawdown, JNJ dropped -50.67% vs APP's -91.90%.
JNJ currently has the higher Sharpe Ratio (3.42 vs 0.43), 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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