STX vs. APP
STX (Seagate Technology plc) and APP (AppLovin Corporation) are both stocks. STX operates in Computer Hardware (Technology), while APP operates in Advertising Agencies (Communication Services). Over the past 5 years, STX returned 58.71%/yr vs 44.79%/yr for APP. At a 0.32 correlation, their price movements are largely independent.
Performance
STX vs. APP - Performance Comparison
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Returns By Period
In the year-to-date period, STX achieves a 207.74% return, which is significantly higher than APP's -22.70% return.
STX
- 1D
- -3.51%
- 1M
- 8.10%
- YTD
- 207.74%
- 6M
- 200.40%
- 1Y
- 558.30%
- 3Y*
- 146.89%
- 5Y*
- 58.71%
- 10Y*
- 49.40%
APP
- 1D
- -7.60%
- 1M
- 11.16%
- YTD
- -22.70%
- 6M
- -28.12%
- 1Y
- 35.78%
- 3Y*
- 184.32%
- 5Y*
- 44.79%
- 10Y*
- —
STX vs. APP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
STX Seagate Technology plc | 207.74% | 225.26% | 4.06% | 69.12% | -51.42% | 43.90% |
APP AppLovin Corporation | -22.70% | 108.08% | 712.62% | 278.44% | -88.83% | 34.66% |
Correlation
The correlation between STX and APP is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.32 |
Fundamentals
STX:
$192.89B
APP:
$176.42B
STX:
$10.58
APP:
$11.64
STX:
79.96
APP:
44.74
STX:
0.96
APP:
0.13
STX:
17.27
APP:
28.77
STX:
176.16
APP:
74.65
STX:
$11.01B
APP:
$6.16B
STX:
$4.57B
APP:
$5.45B
STX:
$2.59B
APP:
$4.87B
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Return for Risk
STX vs. APP — Risk / Return Rank
STX
APP
STX vs. APP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Seagate Technology plc (STX) 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.
| STX | APP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.35 | ||
| Sortino ratioReturn per unit of downside risk | +4.88 | ||
| Omega ratioGain probability vs. loss probability | 1.77 | 1.15 | +0.62 |
| Calmar ratioReturn relative to maximum drawdown | 26.82 | 0.72 | +26.11 |
| Martin ratioReturn relative to average drawdown | 78.31 | 1.44 | +76.87 |
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
| STX | APP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 8.86 | 0.51 | +8.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.32 | 0.58 | +0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.18 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.62 | -0.09 |
Drawdowns
STX vs. APP - Drawdown Comparison
The maximum STX drawdown since its inception was -88.74%, roughly equal to the maximum APP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for STX and APP.
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Drawdown Indicators
| STX | APP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.74% | -91.90% | +3.16% |
Max Drawdown (1Y)Largest decline over 1 year | -21.00% | -49.99% | +28.99% |
Max Drawdown (3Y)Largest decline over 3 years | -40.00% | -57.00% | +17.00% |
Max Drawdown (5Y)Largest decline over 5 years | -56.99% | -91.90% | +34.91% |
Max Drawdown (10Y)Largest decline over 10 years | -56.99% | — | — |
Current DrawdownCurrent decline from peak | -10.06% | -29.00% | +18.94% |
Average DrawdownAverage peak-to-trough decline | -26.45% | -42.54% | +16.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.18% | 24.87% | -17.69% |
Volatility
STX vs. APP - Volatility Comparison
The current volatility for Seagate Technology plc (STX) is 18.38%, while AppLovin Corporation (APP) has a volatility of 21.00%. This indicates that STX 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
| STX | APP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.38% | 21.00% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 50.00% | 58.73% | -8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.57% | 71.15% | -7.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.66% | 77.81% | -33.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.17% | 77.55% | -35.38% |
Dividends
STX vs. APP - Dividend Comparison
STX's dividend yield for the trailing twelve months is around 0.35%, 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% |
STX Seagate Technology plc | 0.35% | 1.05% | 3.27% | 3.28% | 5.32% | 2.40% | 4.21% | 4.27% | 6.53% | 6.02% | 6.60% | 6.14% |
Financials
STX vs. APP - Financials Comparison
This section allows you to compare key financial metrics between Seagate Technology plc 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
STX vs. APP - Profitability Comparison
STX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a gross profit of 1.45B and revenue of 3.11B. Therefore, the gross margin over that period was 46.5%.
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%.
STX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported an operating income of 982.00M and revenue of 3.11B, resulting in an operating margin of 31.6%.
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%.
STX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a net income of 748.00M and revenue of 3.11B, resulting in a net margin of 24.0%.
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
STX and APP have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APP has higher volatility (21.00%) compared to STX (18.38%). In terms of maximum drawdown, STX dropped -88.74% vs APP's -91.90%.
STX currently has the higher Sharpe Ratio (8.86 vs 0.51), 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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