AXGN vs. TSEM
AXGN (AxoGen, Inc.) and TSEM (Tower Semiconductor Ltd) are both stocks. AXGN operates in Medical Devices (Healthcare), while TSEM operates in Semiconductors (Technology). Over the past 10 years, AXGN returned 21.87%/yr vs 38.72%/yr for TSEM. At a 0.09 correlation, their price movements are largely independent.
Performance
AXGN vs. TSEM - Performance Comparison
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Returns By Period
In the year-to-date period, AXGN achieves a 37.34% return, which is significantly lower than TSEM's 169.84% return. Over the past 10 years, AXGN has underperformed TSEM with an annualized return of 21.87%, while TSEM has yielded a comparatively higher 38.72% annualized return.
AXGN
- 1D
- 0.25%
- 1M
- 9.90%
- YTD
- 37.34%
- 6M
- 37.29%
- 1Y
- 361.97%
- 3Y*
- 71.00%
- 5Y*
- 15.47%
- 10Y*
- 21.87%
TSEM
- 1D
- 10.50%
- 1M
- 11.79%
- YTD
- 169.84%
- 6M
- 167.72%
- 1Y
- 702.56%
- 3Y*
- 101.82%
- 5Y*
- 63.22%
- 10Y*
- 38.72%
AXGN vs. TSEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXGN AxoGen, Inc. | 37.34% | 98.60% | 141.29% | -31.56% | 6.51% | -47.65% | 0.06% | -12.43% | -27.81% | 214.44% |
TSEM Tower Semiconductor Ltd | 169.84% | 127.96% | 68.77% | -29.35% | 8.87% | 53.68% | 7.32% | 63.23% | -56.75% | 79.09% |
Correlation
The correlation between AXGN and TSEM is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 1994 | 0.09 |
The correlation between AXGN and TSEM shifts across timeframes, from 0.05 (1 year) to 0.27 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AXGN:
$2.32B
TSEM:
$36.23B
AXGN:
-$0.66
TSEM:
$2.15
AXGN:
8.97
TSEM:
22.25
AXGN:
9.47
TSEM:
12.18
AXGN:
$238.11M
TSEM:
$1.62B
AXGN:
$178.61M
TSEM:
$401.63M
AXGN:
$5.69M
TSEM:
$571.93M
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Return for Risk
AXGN vs. TSEM — Risk / Return Rank
AXGN
TSEM
AXGN vs. TSEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AxoGen, Inc. (AXGN) and Tower Semiconductor Ltd (TSEM). 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.
| AXGN | TSEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.82 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 18.90 | 28.33 | -9.43 |
| Martin ratioReturn relative to average drawdown | 65.69 | 98.11 | -32.43 |
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Drawdowns
AXGN vs. TSEM - Drawdown Comparison
The maximum AXGN drawdown since its inception was -98.49%, roughly equal to the maximum TSEM drawdown of -99.75%. Use the drawdown chart below to compare losses from any high point for AXGN and TSEM.
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Drawdown Indicators
| AXGN | TSEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.49% | -99.75% | +1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -19.30% | -25.04% | +5.74% |
Max Drawdown (3Y)Largest decline over 3 years | -61.02% | -45.83% | -15.19% |
Max Drawdown (5Y)Largest decline over 5 years | -83.69% | -55.39% | -28.30% |
Max Drawdown (10Y)Largest decline over 10 years | -93.54% | -62.28% | -31.26% |
Current DrawdownCurrent decline from peak | -19.59% | -47.03% | +27.44% |
Average DrawdownAverage peak-to-trough decline | -64.83% | -85.36% | +20.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 7.21% | -1.67% |
Volatility
AXGN vs. TSEM - Volatility Comparison
The current volatility for AxoGen, Inc. (AXGN) is 11.38%, while Tower Semiconductor Ltd (TSEM) has a volatility of 27.27%. This indicates that AXGN experiences smaller price fluctuations and is considered to be less risky than TSEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXGN | TSEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.38% | 27.27% | -15.89% |
Volatility (6M)Calculated over the trailing 6-month period | 33.36% | 57.11% | -23.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.70% | 70.09% | -16.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.07% | 47.87% | +16.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.09% | 43.94% | +18.15% |
Dividends
AXGN vs. TSEM - Dividend Comparison
Neither AXGN nor TSEM has paid dividends to shareholders.
Financials
AXGN vs. TSEM - Financials Comparison
This section allows you to compare key financial metrics between AxoGen, Inc. and Tower Semiconductor Ltd. 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
AXGN vs. TSEM - Profitability Comparison
AXGN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AxoGen, Inc. reported a gross profit of 46.19M and revenue of 61.46M. Therefore, the gross margin over that period was 75.2%.
TSEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tower Semiconductor Ltd reported a gross profit of 110.95M and revenue of 413.63M. Therefore, the gross margin over that period was 26.8%.
AXGN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AxoGen, Inc. reported an operating income of -2.83M and revenue of 61.46M, resulting in an operating margin of -4.6%.
TSEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tower Semiconductor Ltd reported an operating income of 64.57M and revenue of 413.63M, resulting in an operating margin of 15.6%.
AXGN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AxoGen, Inc. reported a net income of -19.58M and revenue of 61.46M, resulting in a net margin of -31.9%.
TSEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tower Semiconductor Ltd reported a net income of 65.03M and revenue of 413.63M, resulting in a net margin of 15.7%.
Frequently Asked Questions
AXGN and TSEM have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSEM has higher volatility (27.27%) compared to AXGN (11.38%). In terms of maximum drawdown, AXGN dropped -98.49% vs TSEM's -99.75%.
TSEM currently has the higher Sharpe Ratio (10.14 vs 6.81), 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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