VALE vs. APLD
VALE (Vale S.A.) and APLD (Applied Digital Corporation) are both stocks. VALE operates in Other Industrial Metals & Mining (Basic Materials), while APLD operates in Information Technology Services (Technology). Over the past 10 years, VALE returned 20.98%/yr vs 120.60%/yr for APLD. At a 0.06 correlation, their price movements are largely independent.
Performance
VALE vs. APLD - Performance Comparison
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Returns By Period
In the year-to-date period, VALE achieves a 15.04% return, which is significantly lower than APLD's 66.99% return. Over the past 10 years, VALE has underperformed APLD with an annualized return of 20.98%, while APLD has yielded a comparatively higher 120.60% annualized return.
VALE
- 1D
- -1.58%
- 1M
- -9.86%
- YTD
- 15.04%
- 6M
- 19.11%
- 1Y
- 66.24%
- 3Y*
- 10.73%
- 5Y*
- 1.65%
- 10Y*
- 20.98%
APLD
- 1D
- 3.34%
- 1M
- -0.74%
- YTD
- 66.99%
- 6M
- 27.51%
- 1Y
- 195.42%
- 3Y*
- 72.37%
- 5Y*
- 111.39%
- 10Y*
- 120.60%
VALE vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VALE Vale S.A. | 15.04% | 60.70% | -38.83% | 1.57% | 32.54% | -1.45% | 32.40% | 2.72% | 12.25% | 68.03% |
APLD Applied Digital Corporation | 66.99% | 220.94% | 13.35% | 266.30% | -56.09% | 11,789.90% | 389.44% | -34.55% | 64.99% | -33.33% |
Correlation
The correlation between VALE and APLD is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2008 | 0.06 |
Over the past year, VALE and APLD have become more correlated (0.28) than their long-term average of 0.06, meaning their price movements have been converging.
Fundamentals
VALE:
$64.08B
APLD:
$11.12B
VALE:
$0.65
APLD:
-$0.72
VALE:
1.62
APLD:
27.75
VALE:
1.75
APLD:
7.06
VALE:
$39.53B
APLD:
$390.57M
VALE:
$13.65B
APLD:
$124.93M
VALE:
$14.33B
APLD:
-$154.66M
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Return for Risk
VALE vs. APLD — Risk / Return Rank
VALE
APLD
VALE vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vale S.A. (VALE) 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.
| VALE | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 3.91 | -0.56 |
| Martin ratioReturn relative to average drawdown | 11.56 | 9.14 | +2.42 |
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
| VALE | APLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 1.84 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.68 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.54 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.08 | +0.22 |
Drawdowns
VALE vs. APLD - Drawdown Comparison
The maximum VALE drawdown since its inception was -92.78%, smaller than the maximum APLD drawdown of -99.70%. Use the drawdown chart below to compare losses from any high point for VALE and APLD.
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Drawdown Indicators
| VALE | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.78% | -99.70% | +6.92% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -50.31% | +30.46% |
Max Drawdown (3Y)Largest decline over 3 years | -41.94% | -76.66% | +34.72% |
Max Drawdown (5Y)Largest decline over 5 years | -49.79% | -82.61% | +32.82% |
Max Drawdown (10Y)Largest decline over 10 years | -57.60% | -89.80% | +32.20% |
Current DrawdownCurrent decline from peak | -15.88% | -17.53% | +1.65% |
Average DrawdownAverage peak-to-trough decline | -36.72% | -74.49% | +37.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 22.15% | -16.40% |
Volatility
VALE vs. APLD - Volatility Comparison
The current volatility for Vale S.A. (VALE) is 9.08%, while Applied Digital Corporation (APLD) has a volatility of 32.64%. This indicates that VALE 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.
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Volatility by Period
| VALE | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 32.64% | -23.56% |
Volatility (6M)Calculated over the trailing 6-month period | 26.61% | 80.09% | -53.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.92% | 107.26% | -75.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.45% | 165.20% | -129.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.87% | 301.59% | -260.72% |
Dividends
VALE vs. APLD - Dividend Comparison
VALE's dividend yield for the trailing twelve months is around 3.83%, 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% |
VALE Vale S.A. | 3.83% | 7.29% | 11.41% | 7.75% | 8.63% | 19.70% | 2.72% | 2.63% | 4.16% | 3.77% | 1.06% | 7.48% |
Financials
VALE vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Vale S.A. 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
VALE vs. APLD - Profitability Comparison
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.
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%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.
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%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.
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
VALE and APLD have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APLD has higher volatility (32.64%) compared to VALE (9.08%). In terms of maximum drawdown, VALE dropped -92.78% vs APLD's -99.70%.
VALE currently has the higher Sharpe Ratio (2.09 vs 1.84), 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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