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AXL vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AXL and VGT is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

AXL vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Axle & Manufacturing Holdings, Inc. (AXL) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AXL:

-0.81

VGT:

0.55

Sortino Ratio

AXL:

-1.19

VGT:

0.95

Omega Ratio

AXL:

0.87

VGT:

1.13

Calmar Ratio

AXL:

-0.45

VGT:

0.61

Martin Ratio

AXL:

-1.40

VGT:

2.00

Ulcer Index

AXL:

29.49%

VGT:

8.35%

Daily Std Dev

AXL:

49.33%

VGT:

30.18%

Max Drawdown

AXL:

-99.21%

VGT:

-54.63%

Current Drawdown

AXL:

-87.55%

VGT:

-7.45%

Returns By Period

In the year-to-date period, AXL achieves a -21.27% return, which is significantly lower than VGT's -3.67% return. Over the past 10 years, AXL has underperformed VGT with an annualized return of -15.61%, while VGT has yielded a comparatively higher 19.73% annualized return.


AXL

YTD

-21.27%

1M

48.06%

6M

-31.59%

1Y

-39.76%

5Y*

-1.30%

10Y*

-15.61%

VGT

YTD

-3.67%

1M

15.01%

6M

-3.58%

1Y

16.49%

5Y*

20.71%

10Y*

19.73%

*Annualized

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Risk-Adjusted Performance

AXL vs. VGT — Risk-Adjusted Performance Rank

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

AXL
The Risk-Adjusted Performance Rank of AXL is 1212
Overall Rank
The Sharpe Ratio Rank of AXL is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of AXL is 99
Sortino Ratio Rank
The Omega Ratio Rank of AXL is 1212
Omega Ratio Rank
The Calmar Ratio Rank of AXL is 2121
Calmar Ratio Rank
The Martin Ratio Rank of AXL is 99
Martin Ratio Rank

VGT
The Risk-Adjusted Performance Rank of VGT is 5757
Overall Rank
The Sharpe Ratio Rank of VGT is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of VGT is 5757
Sortino Ratio Rank
The Omega Ratio Rank of VGT is 5757
Omega Ratio Rank
The Calmar Ratio Rank of VGT is 6262
Calmar Ratio Rank
The Martin Ratio Rank of VGT is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AXL vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Axle & Manufacturing Holdings, Inc. (AXL) and Vanguard Information Technology ETF (VGT). 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.


The current AXL Sharpe Ratio is -0.81, which is lower than the VGT Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of AXL and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

AXL vs. VGT - Dividend Comparison

AXL has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.53%.


TTM20242023202220212020201920182017201620152014
AXL
American Axle & Manufacturing Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VGT
Vanguard Information Technology ETF
0.53%0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%

Drawdowns

AXL vs. VGT - Drawdown Comparison

The maximum AXL drawdown since its inception was -99.21%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for AXL and VGT. For additional features, visit the drawdowns tool.


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Volatility

AXL vs. VGT - Volatility Comparison

American Axle & Manufacturing Holdings, Inc. (AXL) has a higher volatility of 14.31% compared to Vanguard Information Technology ETF (VGT) at 8.78%. This indicates that AXL's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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