AXIA vs. BE
AXIA (AXIA Energia SA) and BE (Bloom Energy Corporation) are both stocks. AXIA operates in Utilities - Renewable (Utilities), while BE operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, AXIA returned 11.54%/yr vs 59.08%/yr for BE. At a 0.20 correlation, their price movements are largely independent.
Performance
AXIA vs. BE - Performance Comparison
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Returns By Period
In the year-to-date period, AXIA achieves a 12.23% return, which is significantly lower than BE's 199.48% return.
AXIA
- 1D
- -0.10%
- 1M
- -4.99%
- YTD
- 12.23%
- 6M
- 10.58%
- 1Y
- 86.72%
- 3Y*
- 23.17%
- 5Y*
- 11.54%
- 10Y*
- 21.87%
BE
- 1D
- 4.56%
- 1M
- -5.70%
- YTD
- 199.48%
- 6M
- 173.97%
- 1Y
- 1,085.51%
- 3Y*
- 145.16%
- 5Y*
- 59.08%
- 10Y*
- —
AXIA vs. BE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AXIA AXIA Energia SA | 12.23% | 121.49% | -31.28% | 9.41% | 32.73% | -6.42% | -21.77% | 50.39% | 37.45% |
BE Bloom Energy Corporation | 199.48% | 291.22% | 50.07% | -22.59% | -12.81% | -23.48% | 283.67% | -25.15% | -46.63% |
Correlation
The correlation between AXIA and BE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2018 | 0.20 |
The correlation between AXIA and BE shifts across timeframes, from 0.20 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AXIA:
$23.29B
BE:
$83.19B
AXIA:
R$4.28
BE:
$0.02
AXIA:
12.24
BE:
11.33K
AXIA:
2.76
BE:
27.91
AXIA:
1.05
BE:
90.28
AXIA:
R$42.79B
BE:
$2.45B
AXIA:
R$19.78B
BE:
$761.91M
AXIA:
R$6.39B
BE:
$88.83M
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Return for Risk
AXIA vs. BE — Risk / Return Rank
AXIA
BE
AXIA vs. BE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXIA Energia SA (AXIA) and Bloom Energy Corporation (BE). 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.
| AXIA | BE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.62 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 23.53 | -20.37 |
| Martin ratioReturn relative to average drawdown | 10.30 | 73.01 | -62.71 |
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Drawdowns
AXIA vs. BE - Drawdown Comparison
The maximum AXIA drawdown since its inception was -93.65%, roughly equal to the maximum BE drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for AXIA and BE.
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Drawdown Indicators
| AXIA | BE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.65% | -92.54% | -1.11% |
Max Drawdown (1Y)Largest decline over 1 year | -27.55% | -45.94% | +18.39% |
Max Drawdown (3Y)Largest decline over 3 years | -38.66% | -53.42% | +14.76% |
Max Drawdown (5Y)Largest decline over 5 years | -45.28% | -75.87% | +30.59% |
Max Drawdown (10Y)Largest decline over 10 years | -72.80% | — | — |
Current DrawdownCurrent decline from peak | -23.45% | -15.48% | -7.97% |
Average DrawdownAverage peak-to-trough decline | -56.63% | -51.91% | -4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.45% | 14.78% | -6.33% |
Volatility
AXIA vs. BE - Volatility Comparison
The current volatility for AXIA Energia SA (AXIA) is 9.24%, while Bloom Energy Corporation (BE) has a volatility of 27.74%. This indicates that AXIA experiences smaller price fluctuations and is considered to be less risky than BE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXIA | BE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.24% | 27.74% | -18.50% |
Volatility (6M)Calculated over the trailing 6-month period | 28.02% | 75.65% | -47.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.92% | 107.62% | -71.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.59% | 85.95% | -48.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.08% | 95.68% | -0.60% |
Dividends
AXIA vs. BE - Dividend Comparison
AXIA's dividend yield for the trailing twelve months is around 5.20%, while BE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AXIA AXIA Energia SA | 5.20% | 7.19% | 3.85% | 0.51% | 1.89% | 7.32% | 4.38% | 2.21% |
BE Bloom Energy Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AXIA vs. BE - Financials Comparison
This section allows you to compare key financial metrics between AXIA Energia SA and Bloom Energy Corporation. 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
AXIA vs. BE - Profitability Comparison
AXIA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AXIA Energia SA reported a gross profit of 7.31B and revenue of 12.47B. Therefore, the gross margin over that period was 58.6%.
BE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bloom Energy Corporation reported a gross profit of 225.54M and revenue of 751.05M. Therefore, the gross margin over that period was 30.0%.
AXIA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AXIA Energia SA reported an operating income of 5.59B and revenue of 12.47B, resulting in an operating margin of 44.8%.
BE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bloom Energy Corporation reported an operating income of 72.19M and revenue of 751.05M, resulting in an operating margin of 9.6%.
AXIA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AXIA Energia SA reported a net income of 2.58B and revenue of 12.47B, resulting in a net margin of 20.7%.
BE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bloom Energy Corporation reported a net income of 70.65M and revenue of 751.05M, resulting in a net margin of 9.4%.
Frequently Asked Questions
AXIA and BE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BE has higher volatility (27.74%) compared to AXIA (9.24%). In terms of maximum drawdown, AXIA dropped -93.65% vs BE's -92.54%.
BE currently has the higher Sharpe Ratio (10.05 vs 2.43), 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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