WRT1V.HE vs. APP
WRT1V.HE (Wärtsilä Oyj Abp) and APP (AppLovin Corporation) are both stocks. WRT1V.HE operates in Specialty Industrial Machinery (Industrials), while APP operates in Software - Application (Technology). Over the past 5 years, WRT1V.HE returned 28.71%/yr vs 51.24%/yr for APP. At a 0.15 correlation, their price movements are largely independent.
Performance
WRT1V.HE vs. APP - Performance Comparison
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Different Trading Currencies
WRT1V.HE is traded in EUR, while APP is traded in USD. To make them comparable, the APP values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WRT1V.HE achieves a 20.68% return, which is significantly higher than APP's -15.68% return.
WRT1V.HE
- 1D
- 1.52%
- 1M
- -2.38%
- YTD
- 20.68%
- 6M
- 23.53%
- 1Y
- 101.72%
- 3Y*
- 52.60%
- 5Y*
- 28.71%
- 10Y*
- 14.32%
APP
- 1D
- 0.50%
- 1M
- 21.20%
- YTD
- -15.68%
- 6M
- -18.63%
- 1Y
- 33.65%
- 3Y*
- 181.04%
- 5Y*
- 51.24%
- 10Y*
- —
WRT1V.HE vs. APP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WRT1V.HE Wärtsilä Oyj Abp | 20.68% | 81.45% | 32.98% | 71.25% | -34.38% | 35.77% |
APP AppLovin Corporation | -15.68% | 83.39% | 766.26% | 267.10% | -88.14% | 52.18% |
Correlation
The correlation between WRT1V.HE and APP is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2021 | 0.15 |
The correlation between WRT1V.HE and APP shifts across timeframes, from 0.05 (1 year) to 0.16 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
WRT1V.HE vs. APP — Risk / Return Rank
WRT1V.HE
APP
WRT1V.HE vs. APP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wärtsilä Oyj Abp (WRT1V.HE) 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.
| WRT1V.HE | APP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.53 | ||
| Sortino ratioReturn per unit of downside risk | +2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.14 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 6.39 | 0.67 | +5.72 |
| Martin ratioReturn relative to average drawdown | 17.50 | 1.34 | +16.16 |
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
| WRT1V.HE | APP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.02 | 0.48 | +2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.67 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.69 | -0.20 |
Drawdowns
WRT1V.HE vs. APP - Drawdown Comparison
The maximum WRT1V.HE drawdown since its inception was -71.45%, smaller than the maximum APP drawdown of -91.29%. Use the drawdown chart below to compare losses from any high point for WRT1V.HE and APP.
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Drawdown Indicators
| WRT1V.HE | APP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.45% | -91.29% | +19.84% |
Max Drawdown (1Y)Largest decline over 1 year | -16.30% | -50.45% | +34.15% |
Max Drawdown (3Y)Largest decline over 3 years | -30.80% | -59.25% | +28.45% |
Max Drawdown (5Y)Largest decline over 5 years | -50.47% | -91.29% | +40.82% |
Max Drawdown (10Y)Largest decline over 10 years | -71.45% | — | — |
Current DrawdownCurrent decline from peak | -8.86% | -22.46% | +13.60% |
Average DrawdownAverage peak-to-trough decline | -23.12% | -41.70% | +18.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 25.13% | -19.20% |
Volatility
WRT1V.HE vs. APP - Volatility Comparison
The current volatility for Wärtsilä Oyj Abp (WRT1V.HE) is 13.52%, while AppLovin Corporation (APP) has a volatility of 21.19%. This indicates that WRT1V.HE 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
| WRT1V.HE | APP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.52% | 21.19% | -7.67% |
Volatility (6M)Calculated over the trailing 6-month period | 26.89% | 57.67% | -30.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.59% | 70.22% | -35.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.21% | 77.24% | -43.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.30% | 77.00% | -42.70% |
Dividends
WRT1V.HE vs. APP - Dividend Comparison
WRT1V.HE's dividend yield for the trailing twelve months is around 2.05%, 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% |
WRT1V.HE Wärtsilä Oyj Abp | 2.05% | 1.45% | 1.87% | 1.98% | 3.05% | 1.62% | 5.89% | 4.87% | 16.55% | 2.47% | 2.81% | 2.73% |
Financials
WRT1V.HE vs. APP - Financials Comparison
This section allows you to compare key financial metrics between Wärtsilä Oyj Abp 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
Frequently Asked Questions
WRT1V.HE and APP have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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