AXON vs. HDV
AXON (Axon Enterprise, Inc.) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 10 years, AXON returned 35.69%/yr vs 9.26%/yr for HDV. At a 0.24 correlation, their price movements are largely independent.
Performance
AXON vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, AXON achieves a -15.22% return, which is significantly lower than HDV's 12.69% return. Over the past 10 years, AXON has outperformed HDV with an annualized return of 35.69%, while HDV has yielded a comparatively lower 9.26% annualized return.
AXON
- 1D
- -1.76%
- 1M
- 22.28%
- YTD
- -15.22%
- 6M
- -11.42%
- 1Y
- -36.57%
- 3Y*
- 35.57%
- 5Y*
- 27.81%
- 10Y*
- 35.69%
HDV
- 1D
- 0.37%
- 1M
- 0.29%
- YTD
- 12.69%
- 6M
- 12.16%
- 1Y
- 20.35%
- 3Y*
- 14.94%
- 5Y*
- 10.32%
- 10Y*
- 9.26%
AXON vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -15.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
HDV iShares Core High Dividend ETF | 12.69% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | -6.48% | 20.22% | -3.01% | 13.40% |
Correlation
The correlation between AXON and HDV is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2011 | 0.24 |
The correlation between AXON and HDV shifts across timeframes, from -0.17 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AXON vs. HDV — Risk / Return Rank
AXON
HDV
AXON vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and iShares Core High Dividend ETF (HDV). 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.
| AXON | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.77 | ||
| Sortino ratioReturn per unit of downside risk | -3.90 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.36 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 3.95 | -4.56 |
| Martin ratioReturn relative to average drawdown | -1.06 | 11.02 | -12.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AXON | HDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.67 | 2.10 | -2.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.81 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.59 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.72 | -0.21 |
Drawdowns
AXON vs. HDV - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for AXON and HDV.
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Drawdown Indicators
| AXON | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -37.04% | -54.74% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -5.18% | -55.10% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -10.49% | -49.79% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -15.42% | -44.86% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -37.04% | -23.24% |
Current DrawdownCurrent decline from peak | -44.72% | -2.54% | -42.18% |
Average DrawdownAverage peak-to-trough decline | -43.59% | -3.09% | -40.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.48% | 1.85% | +32.63% |
Volatility
AXON vs. HDV - Volatility Comparison
Axon Enterprise, Inc. (AXON) has a higher volatility of 19.59% compared to iShares Core High Dividend ETF (HDV) at 3.19%. This indicates that AXON's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.59% | 3.19% | +16.40% |
Volatility (6M)Calculated over the trailing 6-month period | 43.35% | 7.56% | +35.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.98% | 9.73% | +45.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.85% | 12.82% | +35.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.10% | 15.73% | +33.37% |
Dividends
AXON vs. HDV - Dividend Comparison
AXON has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 2.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, 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% |
HDV iShares Core High Dividend ETF | 2.91% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
Frequently Asked Questions
AXON and HDV have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (19.59%) compared to HDV (3.19%). In terms of maximum drawdown, AXON dropped -91.78% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.10 vs -0.67), 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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