TER vs. APLD
TER (Teradyne, Inc.) and APLD (Applied Digital Corporation) are both stocks. Both are in the Technology sector — TER in Semiconductor Equipment & Materials, APLD in Information Technology Services. Over the past 10 years, TER returned 36.09%/yr vs 125.13%/yr for APLD. At a 0.12 correlation, their price movements are largely independent.
Performance
TER vs. APLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TER achieves a 108.47% return, which is significantly higher than APLD's 74.14% return. Over the past 10 years, TER has underperformed APLD with an annualized return of 36.09%, while APLD has yielded a comparatively higher 125.13% annualized return.
TER
- 1D
- 5.72%
- 1M
- 19.38%
- YTD
- 108.47%
- 6M
- 108.68%
- 1Y
- 386.56%
- 3Y*
- 54.13%
- 5Y*
- 26.29%
- 10Y*
- 36.09%
APLD
- 1D
- 2.97%
- 1M
- 0.33%
- YTD
- 74.14%
- 6M
- 53.27%
- 1Y
- 281.93%
- 3Y*
- 69.23%
- 5Y*
- 112.30%
- 10Y*
- 125.13%
TER vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TER Teradyne, Inc. | 108.47% | 54.39% | 16.51% | 24.78% | -46.35% | 36.81% | 76.73% | 118.93% | -24.37% | 66.16% |
APLD Applied Digital Corporation | 74.14% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
Correlation
The correlation between TER and APLD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2008 | 0.12 |
Over the past year, TER and APLD have become more correlated (0.42) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
TER:
$63.56B
APLD:
$11.60B
TER:
$5.38
APLD:
-$0.72
TER:
16.91
APLD:
28.94
TER:
20.22
APLD:
7.37
TER:
$3.79B
APLD:
$390.57M
TER:
$2.23B
APLD:
$124.93M
TER:
$1.11B
APLD:
-$154.66M
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
TER vs. APLD — Risk / Return Rank
TER
APLD
TER vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teradyne, Inc. (TER) 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.
| TER | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.33 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 13.97 | 4.83 | +9.14 |
| Martin ratioReturn relative to average drawdown | 49.81 | 11.72 | +38.09 |
Loading charts...
Drawdowns
TER vs. APLD - Drawdown Comparison
The maximum TER drawdown since its inception was -97.30%, roughly equal to the maximum APLD drawdown of -99.73%. Use the drawdown chart below to compare losses from any high point for TER and APLD.
Loading charts...
Drawdown Indicators
| TER | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.30% | -99.73% | +2.43% |
Max Drawdown (1Y)Largest decline over 1 year | -26.73% | -50.31% | +23.58% |
Max Drawdown (3Y)Largest decline over 3 years | -58.18% | -76.66% | +18.48% |
Max Drawdown (5Y)Largest decline over 5 years | -59.12% | -82.61% | +23.49% |
Max Drawdown (10Y)Largest decline over 10 years | -59.12% | -89.80% | +30.68% |
Current DrawdownCurrent decline from peak | -3.52% | -14.00% | +10.48% |
Average DrawdownAverage peak-to-trough decline | -58.67% | -74.86% | +16.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 21.22% | -13.73% |
Volatility
TER vs. APLD - Volatility Comparison
The current volatility for Teradyne, Inc. (TER) is 25.00%, while Applied Digital Corporation (APLD) has a volatility of 33.15%. This indicates that TER 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.
Loading charts...
Volatility by Period
| TER | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.00% | 33.15% | -8.15% |
Volatility (6M)Calculated over the trailing 6-month period | 53.10% | 80.49% | -27.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.20% | 107.13% | -39.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.20% | 165.20% | -115.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.31% | 301.46% | -256.15% |
Dividends
TER vs. APLD - Dividend Comparison
TER's dividend yield for the trailing twelve months is around 0.12%, while APLD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APLD Applied Digital 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% |
TER Teradyne, Inc. | 0.12% | 0.25% | 0.38% | 0.41% | 0.50% | 0.24% | 0.33% | 0.53% | 1.15% | 0.67% | 0.94% | 1.16% |
Financials
TER vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Teradyne, 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
TER vs. APLD - Profitability Comparison
TER - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Teradyne, Inc. reported a gross profit of 780.95M and revenue of 1.28B. Therefore, the gross margin over that period was 60.9%.
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%.
TER - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Teradyne, Inc. reported an operating income of 473.00M and revenue of 1.28B, resulting in an operating margin of 36.9%.
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%.
TER - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Teradyne, Inc. reported a net income of 398.91M and revenue of 1.28B, resulting in a net margin of 31.1%.
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
TER and APLD have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (33.15%) compared to TER (25.00%). In terms of maximum drawdown, TER dropped -97.30% vs APLD's -99.73%.
TER currently has the higher Sharpe Ratio (5.56 vs 2.27), 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 TER and APLD
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