APLD vs SPY
Comparison between Applied Digital Corporation (APLD, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceAPLD has outperformed SPY, delivering a return of +30.7% compared to +13.3%
APLD vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
APLD
$13B
Winner
SPY
$652B
Expense Ratio
APLD
N/A
SPY
0.09%
Max Drawdown
APLD
99.70%
Winner
SPY
56.47%
Sharpe Ratio
Winner
APLD
2.26
SPY
2.07
5Y Beta
APLD
2.78
Winner
SPY
1.00
Industry
APLD
Information Technology Services
SPY
N/A
P/E Ratio
Winner
APLD
-74.30
SPY
28.24
Forward P/E
APLD
526.32
Winner
SPY
21.85
PEG Ratio
APLD
1.83
SPY
N/A
5Y Dividends CAGR
APLD
N/A
SPY
5.43%
5Y EPS CAGR
APLD
N/A
SPY
25.79%
Debt to Equity
Winner
APLD
0.00%
SPY
22.35%
Free Cash Flow Yield
APLD
-0.29%
SPY
N/A
P/S Ratio
APLD
36.92
Winner
SPY
3.55
P/B Ratio
APLD
6.44
Winner
SPY
5.29
APLD vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
APLD
+48.43%
SPY
+9.11%
3M
Winner
APLD
+7.81%
SPY
+6.59%
6M
Winner
APLD
+33.15%
SPY
+10.56%
1Y
Winner
APLD
+650.00%
SPY
+32.04%
5Y(CAGR)
Winner
APLD
+30.72%
SPY
+13.35%
10Y(CAGR)
Winner
APLD
+88.61%
SPY
+15.49%
Max(CAGR)
Winner
APLD
+17.60%
SPY
+8.50%
APLD vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | APLD | SPY |
|---|---|---|
| 2026 | +46.74% | +8.27% |
| 2025 | +214.36% | +18.00% |
| 2024 | +9.77% | +25.59% |
| 2023 | +266.30% | +26.72% |
| 2022 | -92.45% | -18.64% |
| 2021 | +11073.33% | +30.52% |
| 2020 | +389.35% | +17.28% |
| 2019 | -35.14% | +31.09% |
| 2018 | +83.33% | -5.24% |
| 2017 | -33.33% | +20.78% |
| 2016 | -41.18% | +13.59% |
| 2015 | +68.32% | +1.31% |
| 2014 | +461.11% | +14.56% |
| 2013 | -81.82% | +29.00% |
| 2012 | +108.33% | +14.17% |
| 2011 | -98.29% | +0.85% |
| 2010 | -22.22% | +13.14% |
| 2009 | +380.00% | +22.67% |
| 2008 | -93.75% | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
APLD vs SPY Drawdown Comparison
The maximum drawdown for APLD was -99.70%, occurring on Dec 30, 2011. Recovery took 2705 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current APLD drawdown is -6.76%.
| Rank | APLD | SPY |
|---|---|---|
| #1 | -99.70% Oct 22, 2008 - Apr 16, 2021 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -97.10% Oct 26, 2021 - Oct 10, 2025 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -61.84% May 3, 2021 - Aug 27, 2021 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -50.31% Jan 27, 2026 - May 6, 2026 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -44.15% Oct 15, 2025 - Jan 12, 2026 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -38.87% Aug 27, 2021 - Oct 7, 2021 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -36.31% Apr 27, 2021 - May 3, 2021 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -32.28% Apr 16, 2021 - Apr 20, 2021 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -9.08% Jan 12, 2026 - Jan 27, 2026 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -7.46% Oct 13, 2021 - Oct 18, 2021 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -6.76% May 6, 2026 - May 8, 2026 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -0.28% Oct 19, 2021 - Oct 21, 2021 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | N/A | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | N/A | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | N/A | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between APLD and SPY is 0.75 which considered as a strong positive correlation - the stocks tend to move together.
0.75
-101
Select Stocks to Compare
Popular: APLD vs SPY
More Comparisons
Compare with similar stocks