PRTH vs. APP
PRTH (Priority Technology Holdings, Inc.) and APP (AppLovin Corporation) are both stocks. Both are in the Technology sector — PRTH in Software - Infrastructure, APP in Software - Application. Over the past 5 years, PRTH returned -5.41%/yr vs 50.33%/yr for APP. At a 0.25 correlation, their price movements are largely independent.
Performance
PRTH vs. APP - Performance Comparison
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Returns By Period
In the year-to-date period, PRTH achieves a 8.26% return, which is significantly higher than APP's -15.28% return.
PRTH
- 1D
- -8.10%
- 1M
- 11.32%
- YTD
- 8.26%
- 6M
- 2.08%
- 1Y
- -31.95%
- 3Y*
- 16.83%
- 5Y*
- -5.41%
- 10Y*
- —
APP
- 1D
- -5.75%
- 1M
- 20.17%
- YTD
- -15.28%
- 6M
- -13.80%
- 1Y
- 43.24%
- 3Y*
- 184.42%
- 5Y*
- 50.33%
- 10Y*
- —
PRTH vs. APP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PRTH Priority Technology Holdings, Inc. | 8.26% | -53.62% | 230.06% | -32.32% | -25.71% | -0.56% |
APP AppLovin Corporation | -15.28% | 108.08% | 712.62% | 278.44% | -88.83% | 44.57% |
Correlation
The correlation between PRTH and APP 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 (All Time) Calculated using the full available price history since Apr 16, 2021 | 0.25 |
Fundamentals
PRTH:
$493.52M
APP:
$193.36B
PRTH:
$0.70
APP:
$11.64
PRTH:
8.47
APP:
49.04
PRTH:
0.50
APP:
31.53
PRTH:
$977.94M
APP:
$6.16B
PRTH:
$345.04M
APP:
$5.45B
PRTH:
$164.62M
APP:
$4.87B
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Return for Risk
PRTH vs. APP — Risk / Return Rank
PRTH
APP
PRTH vs. APP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Priority Technology Holdings, Inc. (PRTH) 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.
| PRTH | APP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.56 | 0.61 | -1.18 |
Sortino ratioReturn per unit of downside risk | -0.48 | 1.20 | -1.68 |
Omega ratioGain probability vs. loss probability | 0.93 | 1.16 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | -0.70 | 0.87 | -1.57 |
Martin ratioReturn relative to average drawdown | -1.12 | 1.72 | -2.84 |
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
| PRTH | APP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.56 | 0.61 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.65 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.68 | -0.75 |
Drawdowns
PRTH vs. APP - Drawdown Comparison
The maximum PRTH drawdown since its inception was -88.12%, roughly equal to the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for PRTH and APP.
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Drawdown Indicators
| PRTH | APP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.12% | -91.90% | +3.78% |
Max Drawdown (1Y)Largest decline over 1 year | -45.79% | -49.99% | +4.20% |
Max Drawdown (3Y)Largest decline over 3 years | -62.25% | -57.00% | -5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -63.62% | -91.90% | +28.28% |
Current DrawdownCurrent decline from peak | -51.99% | -22.19% | -29.80% |
Average DrawdownAverage peak-to-trough decline | -42.96% | -42.51% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.36% | 25.17% | +4.19% |
Volatility
PRTH vs. APP - Volatility Comparison
The current volatility for Priority Technology Holdings, Inc. (PRTH) is 16.92%, while AppLovin Corporation (APP) has a volatility of 21.08%. This indicates that PRTH 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
| PRTH | APP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.92% | 21.08% | -4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 29.19% | 58.50% | -29.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.92% | 70.82% | -13.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.07% | 77.78% | -2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.48% | 77.55% | -2.07% |
Dividends
PRTH vs. APP - Dividend Comparison
Neither PRTH nor APP has paid dividends to shareholders.
Financials
PRTH vs. APP - Financials Comparison
This section allows you to compare key financial metrics between Priority Technology Holdings, 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
PRTH vs. APP - Profitability Comparison
PRTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Priority Technology Holdings, Inc. reported a gross profit of 98.77M and revenue of 249.56M. 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%.
PRTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Priority Technology Holdings, Inc. reported an operating income of 33.39M and revenue of 249.56M, resulting in an operating margin of 13.4%.
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%.
PRTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Priority Technology Holdings, Inc. reported a net income of 9.76M and revenue of 249.56M, resulting in a net margin of 3.9%.
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
PRTH and APP 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.
APP has higher volatility (21.08%) compared to PRTH (16.92%). In terms of maximum drawdown, PRTH dropped -88.12% vs APP's -91.90%.
APP currently has the higher Sharpe Ratio (0.61 vs -0.56), 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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