AXIA vs. ELEZY

Last updated Jun 9, 2026

AXIA (AXIA Energia SA) and ELEZY (Endesa SA ADR) are both stocks. Both are in the Utilities sector — AXIA in Utilities - Renewable, ELEZY in Utilities - Regulated Electric. Over the past 5 years, AXIA returned 9.92%/yr vs 17.48%/yr for ELEZY. At a 0.06 correlation, their price movements are largely independent.

Performance

AXIA vs. ELEZY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXIA Energia SA (AXIA) and Endesa SA ADR (ELEZY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AXIA achieves a 6.22% return, which is significantly lower than ELEZY's 18.03% return.

AXIA

• 1D: -0.71%
• 1M: -18.85%
• YTD: 6.22%
• 6M: 5.02%
• 1Y: 78.41%
• 3Y*: 21.09%
• 5Y*: 9.92%
• 10Y*: 20.56%

ELEZY

• 1D: -1.70%
• 1M: -1.90%
• YTD: 18.03%
• 6M: 18.29%
• 1Y: 41.21%
• 3Y*: 31.00%
• 5Y*: 17.48%
• 10Y*: —

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

AXIA vs. ELEZY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AXIA AXIA Energia SA	6.22%	121.49%	-31.28%	9.41%	32.73%	-6.42%	-21.77%	50.39%	11.40%	-16.67%
ELEZY Endesa SA ADR	18.03%	75.81%	9.78%	19.46%	-14.63%	-12.87%	6.49%	22.67%	-0.34%	-4.48%

Correlation

The correlation between AXIA and ELEZY is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Oct 4, 2017	0.06

The correlation between AXIA and ELEZY shifts across timeframes, from 0.06 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AXIA : $22.04B ELEZY : $43.21B
EPS AXIA : $4.28 ELEZY : $1.11
PE Ratio AXIA : 2.27 ELEZY : 18.75
PEG Ratio AXIA : 0.16 ELEZY : 0.44
PS Ratio AXIA : 0.51 ELEZY : 2.06
PB Ratio AXIA : 0.20 ELEZY : 5.04
Total Revenue (TTM) AXIA : $42.79B ELEZY : $21.28B
Gross Profit (TTM) AXIA : $19.78B ELEZY : $1.31B
EBITDA (TTM) AXIA : $6.39B ELEZY : $1.08B

Return for Risk

AXIA vs. ELEZY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AXIA

AXIA Risk / Return Rank: 87
AXIA Sharpe Ratio Rank: 91
AXIA Sortino Ratio Rank: 87
AXIA Omega Ratio Rank: 86
AXIA Calmar Ratio Rank: 83
AXIA Martin Ratio Rank: 88

ELEZY

ELEZY Risk / Return Rank: 83
ELEZY Sharpe Ratio Rank: 84
ELEZY Sortino Ratio Rank: 79
ELEZY Omega Ratio Rank: 76
ELEZY Calmar Ratio Rank: 88
ELEZY Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AXIA vs. ELEZY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXIA Energia SA (AXIA) and Endesa SA ADR (ELEZY). 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.

	AXIA	ELEZY	Difference
Sharpe ratio: Return per unit of total volatility	2.22	1.55	+0.67
Sortino ratio: Return per unit of downside risk	2.79	2.17	+0.63
Omega ratio: Gain probability vs. loss probability	1.35	1.26	+0.09
Calmar ratio: Return relative to maximum drawdown	2.86	3.80	-0.94
Martin ratio: Return relative to average drawdown	10.06	10.32	-0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AXIA vs. ELEZY - Sharpe Ratio Comparison

The current AXIA Sharpe Ratio is 2.22, which is higher than the ELEZY Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of AXIA and ELEZY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AXIA	ELEZY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	1.55	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.56	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.45	-0.40

Drawdowns

AXIA vs. ELEZY - Drawdown Comparison

The maximum AXIA drawdown since its inception was -93.65%, which is greater than ELEZY's maximum drawdown of -50.29%. Use the drawdown chart below to compare losses from any high point for AXIA and ELEZY.

Drawdown Indicators

	AXIA	ELEZY	Difference
Max Drawdown Largest peak-to-trough decline	-93.65%	-50.29%	-43.36%
Max Drawdown (1Y) Largest decline over 1 year	-27.55%	-10.89%	-16.66%
Max Drawdown (3Y) Largest decline over 3 years	-38.66%	-20.80%	-17.86%
Max Drawdown (5Y) Largest decline over 5 years	-45.28%	-43.16%	-2.12%
Max Drawdown (10Y) Largest decline over 10 years	-72.80%	—	—
Current Drawdown Current decline from peak	-27.55%	-8.43%	-19.12%
Average Drawdown Average peak-to-trough decline	-56.67%	-15.75%	-40.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.82%	4.00%	+3.82%

Volatility

AXIA vs. ELEZY - Volatility Comparison

AXIA Energia SA (AXIA) has a higher volatility of 9.57% compared to Endesa SA ADR (ELEZY) at 8.06%. This indicates that AXIA's price experiences larger fluctuations and is considered to be riskier than ELEZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AXIA	ELEZY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.57%	8.06%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	28.79%	21.36%	+7.43%
Volatility (1Y) Calculated over the trailing 1-year period	35.57%	26.77%	+8.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.52%	31.42%	+6.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.11%	36.14%	+58.97%

Dividends

AXIA vs. ELEZY - Dividend Comparison

AXIA's dividend yield for the trailing twelve months is around 5.49%, more than ELEZY's 3.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AXIA AXIA Energia SA	5.49%	7.19%	3.85%	0.51%	1.89%	7.32%	4.38%	2.21%
ELEZY Endesa SA ADR	3.72%	4.12%	2.49%	11.14%	5.31%	9.35%	2.10%	2.80%

Financials

AXIA vs. ELEZY - Profitability Comparison

The chart below illustrates the profitability comparison between AXIA Energia SA and Endesa SA ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

ELEZY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Endesa SA ADR reported a gross profit of 2.11B and revenue of 5.73B. Therefore, the gross margin over that period was 36.8%.

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%.

ELEZY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Endesa SA ADR reported an operating income of 1.15B and revenue of 5.73B, resulting in an operating margin of 20.1%.

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%.

ELEZY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Endesa SA ADR reported a net income of 725.00M and revenue of 5.73B, resulting in a net margin of 12.7%.

Frequently Asked Questions

Can I hold both AXIA and ELEZY in my portfolio?

AXIA and ELEZY have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AXIA or ELEZY?

AXIA has higher volatility (9.57%) compared to ELEZY (8.06%). In terms of maximum drawdown, AXIA dropped -93.65% vs ELEZY's -50.29%.

Which has better risk-adjusted returns?

AXIA currently has the higher Sharpe Ratio (2.22 vs 1.55), 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.