AppLovin (APP) stock vs the S&P 500 and communication services stocks
As of 12 October 2026, AppLovin (APP) is among the weakest stocks we track. It is well behind the S&P 500 and behind communication services stocks as a group (XLC) over the past three months.
Where AppLovin stands now
As of 12 October 2026, AppLovin is behind the S&P 500 on every window Zensei tracks, from one month to one year. The market has preferred other stocks for some time.
Inside its group, APP lags: it is behind communication services stocks (XLC) over both the past month and three months. As a group, communication services stocks are trailing the S&P 500 right now. Stock and group are both under pressure.
AppLovin is 4.3% of XLC, 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: stocks this far behind only become interesting once the recent window turns.
AppLovin peers in communication services stocks
The largest other holdings of Communication Services Select Sector SPDR (XLC), by weight in the fund, with their plain return over the past month. They share the fund with the stock. They are not always direct business competitors.
Is AppLovin in the S&P 500?
As of 12 October 2026, AppLovin is in the S&P 500. Its sector fund, Communication Services (XLC), holds it at 4.3% weight.
Every stock in one of the 11 S&P 500 sector funds is in the index. See Communication Services Stocks (XLC)
AppLovin ETF: the funds that hold APP
5 funds that Zensei tracks hold APP. The main sector is the fund Zensei groups it with. The other funds follow by weight.
APP stock performance: 1-month, 3-month and 1-year vs the S&P 500
AppLovin 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
APP against communication services stocks, in depth
See the size of the gap between AppLovin and communication services stocks (XLC) over every window, its momentum and its relative strength, and where it sits among communication services stocks.
See the full analysisAppLovin stock: common questions
Which stocks are AppLovin's peers?
As of 12 October 2026, the largest other holdings of Communication Services Select Sector SPDR (XLC) by weight are Meta Platforms (META), Alphabet (GOOGL), Alphabet Inc (GOOG), Walt Disney (DIS), AT&T (T). They share the fund with AppLovin. They are fund peers among communication services stocks, not always direct business competitors.
Which ETFs hold AppLovin?
As of 12 October 2026, 5 funds that Zensei tracks hold APP. Zensei groups it with communication services stocks in Communication Services Select Sector SPDR (XLC), where its weight is 4.3%. It is also in iShares Expanded Tech-Software Sector ETF (IGV, 2.5%), VanEck Social Sentiment ETF (BUZZ, 1.6%), First Trust Cloud Computing ETF (SKYY, 1.5%), SPDR S&P 1500 Momentum Tilt ETF (MMTM, 0.1%).
Is AppLovin in the S&P 500?
As of 12 October 2026, AppLovin is in the S&P 500. Its sector fund, Communication Services (XLC), holds it at 4.3% weight.
What sector is AppLovin in?
As of 12 October 2026, Zensei groups AppLovin with communication services stocks (XLC, its primary fund). This is also its S&P 500 sector fund. It is also in software stocks (IGV), cloud stocks (SKYY), social sentiment stocks (BUZZ) and momentum stocks (MMTM).
Is AppLovin stock beating the S&P 500?
As of 12 October 2026, AppLovin (APP) is down 16.4% over the past month. The S&P 500 is up 2.1% over the same month. Over three months, the stock is down 38.8% and the S&P 500 is up 4.1%.
Is AppLovin doing better than other communication services stocks?
As of 12 October 2026, AppLovin (APP) is behind communication services stocks as a group (XLC) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Recent changes
- ·First tracked: among the weakest
Track AppLovin against communication services 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.