Applied Digital (APLD) stock vs the S&P 500 and data center stocks
As of 2 October 2026, Applied Digital (APLD) is trailing both the S&P 500 and data center stocks as a group (DTCR) over the past three months.
Where Applied Digital stands now
As of 2 October 2026, Applied Digital had a good month against the S&P 500 after a weaker quarter. One month alone does not make a trend.
Inside its group, APLD is catching up: ahead of data center stocks (DTCR) over the past month, still behind over three months. As a group, data center stocks are trailing the S&P 500 right now. Stock and group are both under pressure.
Applied Digital is 4.4% of DTCR, so its moves weigh on the fund. It sits in 5 of the sector and theme funds Zensei tracks. The thing to watch is the past month: a turn against the market usually shows there first.
APLD vs the S&P 500: returns
Applied Digital and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
APLD against data center stocks, in depth
See the size of the gap between Applied Digital and data center stocks (DTCR) over every window, its momentum and its relative strength, and where it sits among data center stocks.
See the full analysisWhich ETFs hold Applied Digital?
5 funds that Zensei tracks hold APLD, by weight. The fund with the largest weight is its sector on this page.
Applied Digital competitors
The largest other holdings of Global X Data Center & Digital Infrastructure ETF (DTCR), with their return over the past month.
Applied Digital stock: common questions
Is Applied Digital stock beating the S&P 500?
As of 2 October 2026, Applied Digital (APLD) is up 4.5% over the past month. The S&P 500 is up 1.3% over the same month. Over three months, the stock is down 23.2% and the S&P 500 is up 3.6%.
Which ETFs hold Applied Digital?
As of 2 October 2026, 5 funds that Zensei tracks hold APLD. Its largest weight is in Global X Data Center & Digital Infrastructure ETF (DTCR), at 4.4%. It is also in VanEck Digital Transformation ETF (DAPP, 4.2%), Amplify Transformational Data Sharing ETF (BLOK, 2.1%), VanEck Social Sentiment ETF (BUZZ, 1.4%), Invesco MSCI Sustainable Future ETF (ERTH, 1.1%).
Who are Applied Digital's competitors?
As of 2 October 2026, the largest other holdings of Global X Data Center & Digital Infrastructure ETF (DTCR) are Digital Realty Trust Inc (DLR), Equinix Inc (EQIX), American Tower Corp (AMT), Crown Castle Inc (CCI), Gds Holdings Ltd (GDS). These are the stocks Applied Digital sits next to among data center stocks.
Is Applied Digital doing better than other data center stocks?
As of 2 October 2026, Applied Digital (APLD) is behind data center stocks as a group (DTCR) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Track Applied Digital against data center stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.