APH vs. AXON
APH (Amphenol Corporation) and AXON (Axon Enterprise, Inc.) are both stocks. APH operates in Electronic Components (Technology), while AXON operates in Aerospace & Defense (Industrials). Over the past 10 years, APH returned 27.74%/yr vs 34.58%/yr for AXON. At a 0.34 correlation, their price movements are largely independent.
Performance
APH vs. AXON - Performance Comparison
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Returns By Period
In the year-to-date period, APH achieves a 14.03% return, which is significantly higher than AXON's -22.22% return. Over the past 10 years, APH has underperformed AXON with an annualized return of 27.74%, while AXON has yielded a comparatively higher 34.58% annualized return.
APH
- 1D
- 0.88%
- 1M
- 23.04%
- YTD
- 14.03%
- 6M
- 19.47%
- 1Y
- 67.47%
- 3Y*
- 57.45%
- 5Y*
- 36.37%
- 10Y*
- 27.74%
AXON
- 1D
- -1.00%
- 1M
- 12.72%
- YTD
- -22.22%
- 6M
- -21.72%
- 1Y
- -43.41%
- 3Y*
- 30.96%
- 5Y*
- 22.92%
- 10Y*
- 34.58%
APH vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APH Amphenol Corporation | 14.03% | 96.08% | 41.30% | 31.85% | -11.96% | 35.25% | 22.09% | 34.91% | -6.82% | 31.81% |
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
Correlation
The correlation between APH and AXON is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2001 | 0.34 |
The correlation between APH and AXON shifts across timeframes, from 0.24 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
APH:
$198.36B
AXON:
$36.43B
APH:
$4.58
AXON:
$2.41
APH:
33.54
AXON:
183.64
APH:
1.12
AXON:
0.05
APH:
7.62
AXON:
12.70
APH:
14.19
AXON:
10.31
APH:
$25.90B
AXON:
$2.98B
APH:
$9.67B
AXON:
$1.77B
APH:
$7.45B
AXON:
$156.24M
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Return for Risk
APH vs. AXON — Risk / Return Rank
APH
AXON
APH vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amphenol Corporation (APH) and Axon Enterprise, Inc. (AXON). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| APH | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.31 | ||
| Sortino ratioReturn per unit of downside risk | +3.02 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.87 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | -0.72 | +2.99 |
| Martin ratioReturn relative to average drawdown | 5.85 | -1.22 | +7.07 |
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Drawdowns
APH vs. AXON - Drawdown Comparison
The maximum APH drawdown since its inception was -63.41%, smaller than the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for APH and AXON.
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Drawdown Indicators
| APH | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.41% | -91.78% | +28.37% |
Max Drawdown (1Y)Largest decline over 1 year | -28.19% | -60.28% | +32.09% |
Max Drawdown (3Y)Largest decline over 3 years | -28.19% | -60.28% | +32.09% |
Max Drawdown (5Y)Largest decline over 5 years | -28.73% | -60.28% | +31.55% |
Max Drawdown (10Y)Largest decline over 10 years | -37.56% | -60.28% | +22.72% |
Current DrawdownCurrent decline from peak | -7.31% | -49.28% | +41.97% |
Average DrawdownAverage peak-to-trough decline | -13.56% | -43.60% | +30.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.92% | 35.34% | -24.42% |
Volatility
APH vs. AXON - Volatility Comparison
The current volatility for Amphenol Corporation (APH) is 15.50%, while Axon Enterprise, Inc. (AXON) has a volatility of 17.73%. This indicates that APH experiences smaller price fluctuations and is considered to be less risky than AXON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APH | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.50% | 17.73% | -2.23% |
Volatility (6M)Calculated over the trailing 6-month period | 37.39% | 44.20% | -6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.68% | 55.66% | -13.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.75% | 47.94% | -17.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.93% | 49.18% | -21.25% |
Dividends
APH vs. AXON - Dividend Comparison
APH's dividend yield for the trailing twelve months is around 0.54%, while AXON has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APH Amphenol Corporation | 0.54% | 0.55% | 0.79% | 1.07% | 1.06% | 0.89% | 0.80% | 0.89% | 1.09% | 0.80% | 0.86% | 1.01% |
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
APH vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Amphenol Corporation and Axon Enterprise, Inc.. 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
APH vs. AXON - Profitability Comparison
APH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported a gross profit of 2.80B and revenue of 7.62B. Therefore, the gross margin over that period was 36.8%.
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a gross profit of 477.29M and revenue of 807.35M. Therefore, the gross margin over that period was 59.1%.
APH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported an operating income of 1.83B and revenue of 7.62B, resulting in an operating margin of 24.0%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
APH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported a net income of 2.35B and revenue of 7.62B, resulting in a net margin of 30.8%.
AXON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a net income of 169.31M and revenue of 807.35M, resulting in a net margin of 21.0%.
Frequently Asked Questions
APH and AXON have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (17.73%) compared to APH (15.50%). In terms of maximum drawdown, APH dropped -63.41% vs AXON's -91.78%.
APH currently has the higher Sharpe Ratio (1.54 vs -0.78), 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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