RXT vs. APLD
RXT (Rackspace Technology, Inc.) and APLD (Applied Digital Corporation) are both stocks. Both are in the Technology sector — RXT in Software - Infrastructure, APLD in Information Technology Services. Over the past 5 years, RXT returned -25.29%/yr vs 84.53%/yr for APLD. Their 0.20 correlation means their historical movements had little consistent relationship.
Performance
RXT vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, RXT achieves a 325.38% return, which is significantly higher than APLD's 11.70% return.
RXT
- 1D
- -1.90%
- 1M
- -27.80%
- 6M
- 575.28%
- YTD
- 325.38%
- 1Y
- 250.00%
- 3Y*
- 22.62%
- 5Y*
- -25.29%
- 10Y*
- —
- ALL TIME*
- -20.94%
APLD
- 1D
- -2.07%
- 1M
- -17.15%
- 6M
- -19.16%
- YTD
- 11.70%
- 1Y
- 118.77%
- 3Y*
- 43.55%
- 5Y*
- 84.53%
- 10Y*
- 111.35%
- ALL TIME*
- 26.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $653.03M | $590.08M | $826.73M | |
| $27.64M | $73.00M | $135.62M |
RXT vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RXT Rackspace Technology, Inc. | 325.38% | -56.07% | 10.50% | -32.20% | -78.10% | -29.33% | 13.12% |
APLD Applied Digital Corporation | 11.70% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 109.76% |
Correlation
The correlation between RXT and APLD is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2020 | 0.20 |
Fundamentals
RXT:
$1.05B
APLD:
$7.83B
RXT:
-$0.60
APLD:
-$0.91
RXT:
0.37
APLD:
12.10
RXT:
$2.70B
APLD:
$611.31M
RXT:
$498.60M
APLD:
$214.45M
RXT:
$149.50M
APLD:
-$158.14M
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Return for Risk
RXT vs. APLD — Risk / Return Rank
RXT
APLD
RXT vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rackspace Technology, Inc. (RXT) 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.
| RXT | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | +2.33 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.23 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.13 | 2.05 | +1.08 |
| Martin ratioReturn relative to average drawdown | 6.79 | 4.56 | +2.23 |
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Drawdowns
RXT vs. APLD - Drawdown Comparison
The maximum RXT drawdown since its inception was -98.43%, roughly equal to the maximum APLD drawdown of -99.73%. Use the drawdown chart below to compare losses from any high point for RXT and APLD.
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Drawdown Indicators
| RXT | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.43% | -99.73% | +1.30% |
Max Drawdown (1Y)Largest decline over 1 year | -77.65% | -53.23% | -24.42% |
Max Drawdown (3Y)Largest decline over 3 years | -86.50% | -71.95% | -14.55% |
Max Drawdown (5Y)Largest decline over 5 years | -97.63% | -82.61% | -15.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.80% | — |
Current DrawdownCurrent decline from peak | -84.16% | -44.83% | -39.33% |
Average DrawdownAverage peak-to-trough decline | -72.12% | -74.51% | +2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.70% | 23.87% | +11.83% |
Volatility
RXT vs. APLD - Volatility Comparison
Rackspace Technology, Inc. (RXT) has a higher volatility of 54.57% compared to Applied Digital Corporation (APLD) at 32.97%. This indicates that RXT's price experiences larger fluctuations and is considered to be riskier 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
| RXT | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 54.57% | 32.97% | +21.60% |
Volatility (6M)Calculated over the trailing 6-month period | 187.83% | 76.00% | +111.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 284.83% | 109.72% | +175.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 149.26% | 164.94% | -15.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 138.05% | 301.14% | -163.09% |
Dividends
RXT vs. APLD - Dividend Comparison
Neither RXT nor APLD has paid dividends to shareholders.
Financials
RXT vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Rackspace Technology, 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
RXT vs. APLD - Profitability Comparison
RXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Rackspace Technology, Inc. reported a gross profit of 119.10M and revenue of 678.10M. Therefore, the gross margin over that period was 17.6%.
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Applied Digital Corporation reported a gross profit of 126.00M and revenue of 293.87M. Therefore, the gross margin over that period was 42.9%.
RXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Rackspace Technology, Inc. reported an operating income of -17.80M and revenue of 678.10M, resulting in an operating margin of -2.6%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Applied Digital Corporation reported an operating income of -114.82M and revenue of 293.87M, resulting in an operating margin of -39.1%.
RXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Rackspace Technology, Inc. reported a net income of 8.30M and revenue of 678.10M, resulting in a net margin of 1.2%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Applied Digital Corporation reported a net income of -111.58M and revenue of 293.87M, resulting in a net margin of -38.0%.
Frequently Asked Questions
RXT and APLD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RXT has higher volatility (54.57%) compared to APLD (32.97%). In terms of maximum drawdown, RXT dropped -98.43% vs APLD's -99.73%.
APLD currently has the higher Sharpe Ratio (1.03 vs 0.85), 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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