MRX vs. APLD
MRX (Marex Group PLC) and APLD (Applied Digital Corporation) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past year, MRX returned 28.52% vs 336.20% for APLD. At a 0.08 correlation, their price movements are largely independent.
Performance
MRX vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, MRX achieves a 41.52% return, which is significantly lower than APLD's 82.34% return.
MRX
- 1D
- 5.69%
- 1M
- 3.43%
- YTD
- 41.52%
- 6M
- 46.72%
- 1Y
- 28.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
APLD
- 1D
- -6.58%
- 1M
- 25.48%
- YTD
- 82.34%
- 6M
- 52.28%
- 1Y
- 336.20%
- 3Y*
- 69.14%
- 5Y*
- 54.74%
- 10Y*
- 90.24%
MRX vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MRX Marex Group PLC | 41.52% | 25.07% | 65.86% |
APLD Applied Digital Corporation | 82.34% | 220.94% | 154.67% |
Correlation
The correlation between MRX and APLD is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2024 | 0.08 |
The correlation between MRX and APLD shifts across timeframes, from -0.02 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MRX:
$4.10B
APLD:
$12.15B
MRX:
$7.12
APLD:
-$0.72
MRX:
0.61
APLD:
30.30
MRX:
3.52
APLD:
7.71
MRX:
$6.52B
APLD:
$390.57M
MRX:
$4.00B
APLD:
$124.93M
MRX:
$2.07B
APLD:
-$154.66M
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Return for Risk
MRX vs. APLD — Risk / Return Rank
MRX
APLD
MRX vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Marex Group PLC (MRX) 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.
| MRX | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.34 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.38 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | 6.73 | -5.87 |
| Martin ratioReturn relative to average drawdown | 2.00 | 15.32 | -13.31 |
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
| MRX | APLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 3.06 | -2.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.38 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.62 | 0.05 | +1.57 |
Drawdowns
MRX vs. APLD - Drawdown Comparison
The maximum MRX drawdown since its inception was -41.13%, smaller than the maximum APLD drawdown of -99.70%. Use the drawdown chart below to compare losses from any high point for MRX and APLD.
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Drawdown Indicators
| MRX | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.13% | -99.70% | +58.57% |
Max Drawdown (1Y)Largest decline over 1 year | -33.18% | -50.31% | +17.13% |
Max Drawdown (3Y)Largest decline over 3 years | — | -76.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -97.10% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -97.10% | — |
Current DrawdownCurrent decline from peak | -7.20% | -9.95% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -12.25% | -83.28% | +71.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.49% | 22.07% | -7.58% |
Volatility
MRX vs. APLD - Volatility Comparison
The current volatility for Marex Group PLC (MRX) is 15.92%, while Applied Digital Corporation (APLD) has a volatility of 34.53%. This indicates that MRX 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
| MRX | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.92% | 34.53% | -18.61% |
Volatility (6M)Calculated over the trailing 6-month period | 28.63% | 79.55% | -50.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.34% | 110.57% | -71.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.62% | 145.02% | -103.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.62% | 295.29% | -253.67% |
Dividends
MRX vs. APLD - Dividend Comparison
MRX's dividend yield for the trailing twelve months is around 1.13%, while APLD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
APLD Applied Digital Corporation | 0.00% | 0.00% | 0.00% |
MRX Marex Group PLC | 1.13% | 1.54% | 0.90% |
Financials
MRX vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Marex Group PLC 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
MRX vs. APLD - Profitability Comparison
MRX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Marex Group PLC reported a gross profit of 2.52B and revenue of 3.13B. Therefore, the gross margin over that period was 80.5%.
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
MRX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Marex Group PLC reported an operating income of 1.06B and revenue of 3.13B, resulting in an operating margin of 33.9%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
MRX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Marex Group PLC reported a net income of 231.50M and revenue of 3.13B, resulting in a net margin of 7.4%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
Frequently Asked Questions
MRX and APLD have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (34.53%) compared to MRX (15.92%). In terms of maximum drawdown, MRX dropped -41.13% vs APLD's -99.70%.
APLD currently has the higher Sharpe Ratio (3.06 vs 0.73), 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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