TWLO vs. APPF
TWLO (Twilio Inc.) and APPF (AppFolio, Inc.) are both stocks. TWLO operates in Internet Content & Information (Communication Services), while APPF operates in Software - Application (Technology). Over the past 10 years, TWLO returned 21.48%/yr vs 26.49%/yr for APPF. At a 0.42 correlation, their price movements are largely independent.
Performance
TWLO vs. APPF - Performance Comparison
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Returns By Period
In the year-to-date period, TWLO achieves a 29.39% return, which is significantly higher than APPF's -37.00% return. Over the past 10 years, TWLO has underperformed APPF with an annualized return of 21.48%, while APPF has yielded a comparatively higher 26.49% annualized return.
TWLO
- 1D
- 0.22%
- 1M
- -2.04%
- YTD
- 29.39%
- 6M
- 30.55%
- 1Y
- 56.28%
- 3Y*
- 42.18%
- 5Y*
- -13.79%
- 10Y*
- 21.48%
APPF
- 1D
- 1.51%
- 1M
- -11.13%
- YTD
- -37.00%
- 6M
- -37.72%
- 1Y
- -35.87%
- 3Y*
- -4.07%
- 5Y*
- -0.07%
- 10Y*
- 26.49%
TWLO vs. APPF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWLO Twilio Inc. | 29.39% | 31.61% | 42.45% | 54.96% | -81.41% | -22.20% | 244.42% | 10.06% | 278.39% | -18.20% |
APPF AppFolio, Inc. | -37.00% | -5.70% | 42.42% | 64.40% | -12.95% | -32.76% | 63.75% | 85.66% | 42.70% | 74.00% |
Correlation
The correlation between TWLO and APPF is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2016 | 0.42 |
Fundamentals
TWLO:
$29.03B
APPF:
$5.25B
TWLO:
$0.66
APPF:
$4.21
TWLO:
278.39
APPF:
34.83
TWLO:
5.46
APPF:
5.32
TWLO:
3.73
APPF:
11.16
TWLO:
$5.30B
APPF:
$995.33M
TWLO:
$2.59B
APPF:
$629.41M
TWLO:
$304.06M
APPF:
$197.89M
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Return for Risk
TWLO vs. APPF — Risk / Return Rank
TWLO
APPF
TWLO vs. APPF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Twilio Inc. (TWLO) and AppFolio, Inc. (APPF). 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.
| TWLO | APPF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.86 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | -0.65 | +2.51 |
| Martin ratioReturn relative to average drawdown | 4.12 | -1.04 | +5.16 |
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Drawdowns
TWLO vs. APPF - Drawdown Comparison
The maximum TWLO drawdown since its inception was -90.36%, which is greater than APPF's maximum drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for TWLO and APPF.
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Drawdown Indicators
| TWLO | APPF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.36% | -55.38% | -34.98% |
Max Drawdown (1Y)Largest decline over 1 year | -30.34% | -55.38% | +25.04% |
Max Drawdown (3Y)Largest decline over 3 years | -45.17% | -55.38% | +10.21% |
Max Drawdown (5Y)Largest decline over 5 years | -89.57% | -55.38% | -34.19% |
Max Drawdown (10Y)Largest decline over 10 years | -90.36% | -55.38% | -34.98% |
Current DrawdownCurrent decline from peak | -58.50% | -54.38% | -4.12% |
Average DrawdownAverage peak-to-trough decline | -49.53% | -18.45% | -31.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.71% | 34.55% | -20.84% |
Volatility
TWLO vs. APPF - Volatility Comparison
Twilio Inc. (TWLO) has a higher volatility of 22.40% compared to AppFolio, Inc. (APPF) at 16.63%. This indicates that TWLO's price experiences larger fluctuations and is considered to be riskier than APPF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TWLO | APPF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.40% | 16.63% | +5.77% |
Volatility (6M)Calculated over the trailing 6-month period | 43.55% | 32.15% | +11.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.69% | 43.87% | +16.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.26% | 43.24% | +16.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.64% | 44.27% | +16.37% |
Dividends
TWLO vs. APPF - Dividend Comparison
Neither TWLO nor APPF has paid dividends to shareholders.
Financials
TWLO vs. APPF - Financials Comparison
This section allows you to compare key financial metrics between Twilio Inc. and AppFolio, 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
TWLO vs. APPF - Profitability Comparison
TWLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Twilio Inc. reported a gross profit of 684.24M and revenue of 1.41B. Therefore, the gross margin over that period was 48.6%.
APPF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AppFolio, Inc. reported a gross profit of 167.24M and revenue of 262.21M. Therefore, the gross margin over that period was 63.8%.
TWLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Twilio Inc. reported an operating income of 107.67M and revenue of 1.41B, resulting in an operating margin of 7.7%.
APPF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AppFolio, Inc. reported an operating income of 50.75M and revenue of 262.21M, resulting in an operating margin of 19.4%.
TWLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Twilio Inc. reported a net income of 90.14M and revenue of 1.41B, resulting in a net margin of 6.4%.
APPF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AppFolio, Inc. reported a net income of 42.42M and revenue of 262.21M, resulting in a net margin of 16.2%.
Frequently Asked Questions
TWLO and APPF have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWLO has higher volatility (22.40%) compared to APPF (16.63%). In terms of maximum drawdown, TWLO dropped -90.36% vs APPF's -55.38%.
TWLO currently has the higher Sharpe Ratio (0.93 vs -0.82), 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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