AVNW vs. AXON
AVNW (Aviat Networks, Inc.) and AXON (Axon Enterprise, Inc.) are both stocks. AVNW operates in Communication Equipment (Technology), while AXON operates in Aerospace & Defense (Industrials). Over the past 10 years, AVNW returned 18.21%/yr vs 33.73%/yr for AXON. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
AVNW vs. AXON - Performance Comparison
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Returns By Period
In the year-to-date period, AVNW achieves a -4.21% return, which is significantly higher than AXON's -7.07% return. Over the past 10 years, AVNW has underperformed AXON with an annualized return of 18.21%, while AXON has yielded a comparatively higher 33.73% annualized return.
AVNW
- 1D
- -2.24%
- 1M
- -3.26%
- 6M
- -6.10%
- YTD
- -4.21%
- 1Y
- -1.82%
- 3Y*
- -13.11%
- 5Y*
- -11.29%
- 10Y*
- 18.21%
- ALL TIME*
- -8.34%
AXON
- 1D
- 0.47%
- 1M
- -11.60%
- 6M
- 9.14%
- YTD
- -7.07%
- 1Y
- -28.92%
- 3Y*
- 42.26%
- 5Y*
- 23.19%
- 10Y*
- 33.73%
- ALL TIME*
- 31.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.04M | $2.54M | $3.52M | |
| $369.42M | $464.43M | $527.88M |
AVNW vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVNW Aviat Networks, Inc. | -4.21% | 18.06% | -44.55% | 4.71% | -2.77% | 87.88% | 143.06% | 6.04% | -12.66% | 9.69% |
AXON Axon Enterprise, Inc. | -7.07% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
Correlation
The correlation between AVNW and AXON is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2007 | 0.25 |
Fundamentals
AVNW:
$265.00M
AXON:
$42.54B
AVNW:
$0.70
AXON:
$2.37
AVNW:
29.47
AXON:
222.54
AVNW:
0.61
AXON:
15.38
AVNW:
0.97
AXON:
12.32
AVNW:
$434.14M
AXON:
$2.98B
AVNW:
$140.51M
AXON:
$1.77B
AVNW:
$27.72M
AXON:
$156.24M
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Return for Risk
AVNW vs. AXON — Risk / Return Rank
AVNW
AXON
AVNW vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aviat Networks, Inc. (AVNW) 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.
| AVNW | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.94 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | -0.50 | +0.38 |
| Martin ratioReturn relative to average drawdown | -0.28 | -0.79 | +0.50 |
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Drawdowns
AVNW vs. AXON - Drawdown Comparison
The maximum AVNW drawdown since its inception was -97.67%, which is greater than AXON's maximum drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for AVNW and AXON.
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Drawdown Indicators
| AVNW | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.67% | -91.78% | -5.89% |
Max Drawdown (1Y)Largest decline over 1 year | -43.57% | -60.28% | +16.71% |
Max Drawdown (3Y)Largest decline over 3 years | -64.27% | -60.28% | -3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -65.40% | -60.28% | -5.12% |
Max Drawdown (10Y)Largest decline over 10 years | -68.58% | -60.28% | -8.30% |
Current DrawdownCurrent decline from peak | -84.56% | -39.41% | -45.15% |
Average DrawdownAverage peak-to-trough decline | -81.25% | -43.59% | -37.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.24% | 38.23% | -19.99% |
Volatility
AVNW vs. AXON - Volatility Comparison
The current volatility for Aviat Networks, Inc. (AVNW) is 12.20%, while Axon Enterprise, Inc. (AXON) has a volatility of 15.08%. This indicates that AVNW 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
| AVNW | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.20% | 15.08% | -2.88% |
Volatility (6M)Calculated over the trailing 6-month period | 55.77% | 46.71% | +9.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.65% | 58.78% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.92% | 48.93% | +2.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.06% | 49.63% | +5.43% |
Dividends
AVNW vs. AXON - Dividend Comparison
Neither AVNW nor AXON has paid dividends to shareholders.
Financials
AVNW vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Aviat Networks, Inc. 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
AVNW vs. AXON - Profitability Comparison
AVNW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Aviat Networks, Inc. reported a gross profit of 29.28M and revenue of 100.00M. Therefore, the gross margin over that period was 29.3%.
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
AVNW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Aviat Networks, Inc. reported an operating income of 939.00K and revenue of 100.00M, resulting in an operating margin of 0.9%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
AVNW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Aviat Networks, Inc. reported a net income of -2.07M and revenue of 100.00M, resulting in a net margin of -2.1%.
AXON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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
AVNW and AXON have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (15.08%) compared to AVNW (12.20%). In terms of maximum drawdown, AVNW dropped -97.67% vs AXON's -91.78%.
AVNW currently has the higher Sharpe Ratio (-0.09 vs -0.51), 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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