AX vs. FUNC

Last updated Aug 1, 2026

AX (Axos Financial, Inc.) and FUNC (First United Corporation) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 5 years, AX returned 16.21%/yr vs 24.66%/yr for FUNC. Their 0.38 correlation means their historical movements had little consistent relationship.

Performance

AX vs. FUNC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Axos Financial, Inc. (AX) and First United Corporation (FUNC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AX achieves a 17.70% return, which is significantly lower than FUNC's 20.19% return.

AX

• 1D: 2.98%
• 1M: 3.59%
• 6M: 2.44%
• YTD: 17.70%
• 1Y: 20.14%
• 3Y*: 30.46%
• 5Y*: 16.21%
• 10Y*: —
• ALL TIME*: 14.60%

FUNC

• 1D: 0.68%
• 1M: -0.30%
• 6M: 16.63%
• YTD: 20.19%
• 1Y: 41.62%
• 3Y*: 41.38%
• 5Y*: 24.66%
• 10Y*: 18.95%
• ALL TIME*: 5.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AX Axos Financial, Inc.	$35.62M	$35.98M	$36.63M
FUNC First United Corporation	$1.53M	$1.27M	$1.04M

AX vs. FUNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AX Axos Financial, Inc.	17.70%	23.35%	27.93%	42.86%	-31.64%	48.97%	23.94%	20.25%	-27.83%
FUNC First United Corporation	20.19%	14.29%	48.25%	25.24%	8.04%	25.12%	-33.27%	54.43%	-14.91%

Correlation

The correlation between AX and FUNC is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (5Y) Shows whether the relationship held over a longer period.	0.39
Correlation (All Time) Calculated using the full available price history since Oct 1, 2018	0.38

The correlation between AX and FUNC shifts across timeframes, from 0.38 (all time) to 0.56 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AX : $5.77B FUNC : $284.87M
EPS AX : $8.45 FUNC : $3.90
PE Ratio AX : 11.99 FUNC : 11.31
PS Ratio AX : 3.63 FUNC : 2.36
Total Revenue (TTM) AX : $1.62B FUNC : $121.46M
Gross Profit (TTM) AX : $1.01B FUNC : $86.21M
EBITDA (TTM) AX : $544.51M FUNC : $36.69M

Return for Risk

AX vs. FUNC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AX

AX Risk / Return Rank: 62
AX Sharpe Ratio Rank: 64
AX Sortino Ratio Rank: 57
AX Omega Ratio Rank: 59
AX Calmar Ratio Rank: 65
AX Martin Ratio Rank: 64

FUNC

FUNC Risk / Return Rank: 82
FUNC Sharpe Ratio Rank: 83
FUNC Sortino Ratio Rank: 81
FUNC Omega Ratio Rank: 79
FUNC Calmar Ratio Rank: 85
FUNC Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AX vs. FUNC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axos Financial, Inc. (AX) and First United Corporation (FUNC). 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.

	AX	FUNC	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.35	-0.80
Sortino ratio: Return per unit of downside risk	0.91	2.08	-1.17
Omega ratio: Gain probability vs. loss probability	1.13	1.26	-0.13
Calmar ratio: Return relative to maximum drawdown	0.92	2.74	-1.82
Martin ratio: Return relative to average drawdown	1.80	6.03	-4.23

AX vs. FUNC - Sharpe Ratio Comparison

The current AX Sharpe Ratio is 0.55, which is lower than the FUNC Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of AX and FUNC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AX vs. FUNC - Drawdown Comparison

The maximum AX drawdown since its inception was -59.57%, smaller than the maximum FUNC drawdown of -85.84%. Use the drawdown chart below to compare losses from any high point for AX and FUNC.

Drawdown Indicators

	AX	FUNC	Difference
Max Drawdown Largest peak-to-trough decline	-59.57%	-85.84%	+26.27%
Max Drawdown (1Y) Largest decline over 1 year	-19.04%	-13.90%	-5.14%
Max Drawdown (3Y) Largest decline over 3 years	-34.92%	-37.76%	+2.84%
Max Drawdown (5Y) Largest decline over 5 years	-46.31%	-44.90%	-1.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.91%	—
Current Drawdown Current decline from peak	0.00%	-3.87%	+3.87%
Average Drawdown Average peak-to-trough decline	-20.27%	-30.85%	+10.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.71%	6.31%	+3.40%

Volatility

AX vs. FUNC - Volatility Comparison

Axos Financial, Inc. (AX) has a higher volatility of 8.26% compared to First United Corporation (FUNC) at 6.58%. This indicates that AX's price experiences larger fluctuations and is considered to be riskier than FUNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AX	FUNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.26%	6.58%	+1.68%
Volatility (6M) Calculated over the trailing 6-month period	24.39%	17.12%	+7.27%
Volatility (1Y) Calculated over the trailing 1-year period	32.04%	28.25%	+3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.65%	29.72%	+10.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.92%	32.82%	+11.10%

Dividends

AX vs. FUNC - Dividend Comparison

AX has not paid dividends to shareholders, while FUNC's dividend yield for the trailing twelve months is around 2.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AX Axos Financial, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FUNC First United Corporation	2.36%	2.46%	2.43%	3.32%	3.05%	3.09%	3.35%	1.66%	1.70%

Financials

Frequently Asked Questions

Can I hold both AX and FUNC in my portfolio?

AX and FUNC have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AX or FUNC?

AX has higher volatility (8.26%) compared to FUNC (6.58%). In terms of maximum drawdown, AX dropped -59.57% vs FUNC's -85.84%.

Which has better risk-adjusted returns?

FUNC currently has the higher Sharpe Ratio (1.35 vs 0.55), 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.