SGHC vs. APP
SGHC (Super Group (SGHC) Limited) and APP (AppLovin Corporation) are both stocks. SGHC operates in Gambling (Consumer Cyclical), while APP operates in Advertising Agencies (Communication Services). Over the past 3 years, SGHC returned 59.82%/yr vs 180.45%/yr for APP. At a 0.27 correlation, their price movements are largely independent.
Performance
SGHC vs. APP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SGHC achieves a 16.40% return, which is significantly higher than APP's -26.28% return.
SGHC
- 1D
- -2.46%
- 1M
- 3.30%
- YTD
- 16.40%
- 6M
- 22.02%
- 1Y
- 46.16%
- 3Y*
- 59.82%
- 5Y*
- —
- 10Y*
- —
APP
- 1D
- 3.80%
- 1M
- 9.53%
- YTD
- -26.28%
- 6M
- -25.93%
- 1Y
- 30.53%
- 3Y*
- 180.45%
- 5Y*
- 43.23%
- 10Y*
- —
SGHC vs. APP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SGHC Super Group (SGHC) Limited | 16.40% | 95.00% | 107.65% | 5.67% | -65.12% |
APP AppLovin Corporation | -26.28% | 108.08% | 712.62% | 278.44% | -82.39% |
Correlation
The correlation between SGHC and APP is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2022 | 0.27 |
Fundamentals
SGHC:
$6.82B
APP:
$168.27B
SGHC:
$0.40
APP:
$11.64
SGHC:
33.42
APP:
42.68
SGHC:
1.41
APP:
0.13
SGHC:
3.17
APP:
27.44
SGHC:
9.98
APP:
71.20
SGHC:
$2.15B
APP:
$6.16B
SGHC:
$617.43M
APP:
$5.45B
SGHC:
$394.23M
APP:
$4.87B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SGHC vs. APP — Risk / Return Rank
SGHC
APP
SGHC vs. APP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Super Group (SGHC) Limited (SGHC) 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.
| SGHC | APP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.13 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 0.61 | +0.62 |
| Martin ratioReturn relative to average drawdown | 2.82 | 1.22 | +1.60 |
Loading charts...
Drawdowns
SGHC vs. APP - Drawdown Comparison
The maximum SGHC drawdown since its inception was -76.02%, smaller than the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for SGHC and APP.
Loading charts...
Drawdown Indicators
| SGHC | APP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.02% | -91.90% | +15.88% |
Max Drawdown (1Y)Largest decline over 1 year | -37.67% | -49.99% | +12.32% |
Max Drawdown (3Y)Largest decline over 3 years | -37.67% | -57.00% | +19.33% |
Max Drawdown (5Y)Largest decline over 5 years | — | -91.90% | — |
Current DrawdownCurrent decline from peak | -2.81% | -32.28% | +29.47% |
Average DrawdownAverage peak-to-trough decline | -45.51% | -42.52% | -2.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.39% | 25.10% | -8.71% |
Volatility
SGHC vs. APP - Volatility Comparison
The current volatility for Super Group (SGHC) Limited (SGHC) is 11.00%, while AppLovin Corporation (APP) has a volatility of 20.54%. This indicates that SGHC 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.
Loading charts...
Volatility by Period
| SGHC | APP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.00% | 20.54% | -9.54% |
Volatility (6M)Calculated over the trailing 6-month period | 30.97% | 58.87% | -27.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.31% | 71.03% | -24.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.48% | 77.84% | -18.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.48% | 77.53% | -18.05% |
Dividends
SGHC vs. APP - Dividend Comparison
SGHC's dividend yield for the trailing twelve months is around 3.12%, while APP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
APP AppLovin Corporation | 0.00% | 0.00% | 0.00% |
SGHC Super Group (SGHC) Limited | 3.12% | 1.34% | 4.01% |
Financials
SGHC vs. APP - Financials Comparison
This section allows you to compare key financial metrics between Super Group (SGHC) Limited 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
SGHC vs. APP - Profitability Comparison
SGHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Super Group (SGHC) Limited reported a gross profit of 140.00M and revenue of 578.00M. Therefore, the gross margin over that period was 24.2%.
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%.
SGHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Super Group (SGHC) Limited reported an operating income of 100.00M and revenue of 578.00M, resulting in an operating margin of 17.3%.
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%.
SGHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Super Group (SGHC) Limited reported a net income of 67.00M and revenue of 578.00M, resulting in a net margin of 11.6%.
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
SGHC and APP have a correlation of 0.17, 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 SGHC (11.00%). In terms of maximum drawdown, SGHC dropped -76.02% vs APP's -91.90%.
SGHC currently has the higher Sharpe Ratio (1.00 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.
Find the right allocation for SGHC and APP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer