TTD vs. APPS
TTD (The Trade Desk, Inc.) and APPS (Digital Turbine, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, TTD returned -21.19%/yr vs -33.77%/yr for APPS. At a 0.46 correlation, their price movements are largely independent.
Performance
TTD vs. APPS - Performance Comparison
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Returns By Period
In the year-to-date period, TTD achieves a -51.24% return, which is significantly lower than APPS's 72.20% return.
TTD
- 1D
- 1.93%
- 1M
- -17.29%
- YTD
- -51.24%
- 6M
- -50.32%
- 1Y
- -72.87%
- 3Y*
- -37.67%
- 5Y*
- -21.19%
- 10Y*
- —
APPS
- 1D
- -0.12%
- 1M
- 89.23%
- YTD
- 72.20%
- 6M
- 63.69%
- 1Y
- 49.61%
- 3Y*
- -2.54%
- 5Y*
- -33.77%
- 10Y*
- 22.52%
TTD vs. APPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TTD The Trade Desk, Inc. | -51.24% | -67.70% | 63.33% | 60.52% | -51.08% | 14.41% | 208.34% | 123.83% | 153.79% | 65.27% |
APPS Digital Turbine, Inc. | 72.20% | 195.86% | -75.36% | -54.99% | -75.01% | 7.83% | 693.27% | 289.62% | 2.23% | 163.24% |
Correlation
The correlation between TTD and APPS is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2016 | 0.46 |
The correlation between TTD and APPS shifts across timeframes, from 0.29 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TTD:
$8.83B
APPS:
$1.03B
TTD:
$0.89
APPS:
-$0.27
TTD:
3.04
APPS:
1.76
TTD:
3.60
APPS:
5.38
TTD:
$2.97B
APPS:
$555.80M
TTD:
$2.31B
APPS:
$392.99M
TTD:
$725.01M
APPS:
$80.59M
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Return for Risk
TTD vs. APPS — Risk / Return Rank
TTD
APPS
TTD vs. APPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Trade Desk, Inc. (TTD) and Digital Turbine, Inc. (APPS). 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.
| TTD | APPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 1.14 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 0.45 | -1.37 |
| Martin ratioReturn relative to average drawdown | -1.27 | 0.85 | -2.11 |
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Drawdowns
TTD vs. APPS - Drawdown Comparison
The maximum TTD drawdown since its inception was -86.98%, smaller than the maximum APPS drawdown of -98.72%. Use the drawdown chart below to compare losses from any high point for TTD and APPS.
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Drawdown Indicators
| TTD | APPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.98% | -98.72% | +11.74% |
Max Drawdown (1Y)Largest decline over 1 year | -79.77% | -61.32% | -18.45% |
Max Drawdown (3Y)Largest decline over 3 years | -86.98% | -89.18% | +2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -86.98% | -98.68% | +11.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.72% | — |
Current DrawdownCurrent decline from peak | -86.73% | -90.91% | +4.18% |
Average DrawdownAverage peak-to-trough decline | -27.37% | -77.74% | +50.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.71% | 34.33% | +23.38% |
Volatility
TTD vs. APPS - Volatility Comparison
The current volatility for The Trade Desk, Inc. (TTD) is 17.52%, while Digital Turbine, Inc. (APPS) has a volatility of 43.77%. This indicates that TTD experiences smaller price fluctuations and is considered to be less risky than APPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TTD | APPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.52% | 43.77% | -26.25% |
Volatility (6M)Calculated over the trailing 6-month period | 41.09% | 60.58% | -19.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.09% | 88.93% | -24.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.35% | 109.66% | -42.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.40% | 93.41% | -25.01% |
Dividends
TTD vs. APPS - Dividend Comparison
Neither TTD nor APPS has paid dividends to shareholders.
Financials
TTD vs. APPS - Financials Comparison
This section allows you to compare key financial metrics between The Trade Desk, Inc. and Digital Turbine, Inc.. 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
TTD vs. APPS - Profitability Comparison
TTD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported a gross profit of 506.89M and revenue of 688.86M. Therefore, the gross margin over that period was 73.6%.
APPS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Digital Turbine, Inc. reported a gross profit of 129.83M and revenue of 142.55M. Therefore, the gross margin over that period was 91.1%.
TTD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported an operating income of 66.65M and revenue of 688.86M, resulting in an operating margin of 9.7%.
APPS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Digital Turbine, Inc. reported an operating income of 10.52M and revenue of 142.55M, resulting in an operating margin of 7.4%.
TTD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported a net income of 40.00M and revenue of 688.86M, resulting in a net margin of 5.8%.
APPS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Digital Turbine, Inc. reported a net income of -7.34M and revenue of 142.55M, resulting in a net margin of -5.2%.
Frequently Asked Questions
TTD and APPS have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APPS has higher volatility (43.77%) compared to TTD (17.52%). In terms of maximum drawdown, TTD dropped -86.98% vs APPS's -98.72%.
APPS currently has the higher Sharpe Ratio (0.32 vs -1.14), 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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