AXON vs. HUBS
AXON (Axon Enterprise, Inc.) and HUBS (HubSpot, Inc.) are both stocks. AXON operates in Aerospace & Defense (Industrials), while HUBS operates in Software - Application (Technology). Over the past 10 years, AXON returned 34.58%/yr vs 14.57%/yr for HUBS. At a 0.41 correlation, their price movements are largely independent.
Performance
AXON vs. HUBS - Performance Comparison
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Returns By Period
In the year-to-date period, AXON achieves a -22.22% return, which is significantly higher than HUBS's -53.16% return. Over the past 10 years, AXON has outperformed HUBS with an annualized return of 34.58%, while HUBS has yielded a comparatively lower 14.57% annualized return.
AXON
- 1D
- -1.00%
- 1M
- 12.72%
- YTD
- -22.22%
- 6M
- -21.72%
- 1Y
- -43.41%
- 3Y*
- 30.96%
- 5Y*
- 22.92%
- 10Y*
- 34.58%
HUBS
- 1D
- 0.83%
- 1M
- -5.24%
- YTD
- -53.16%
- 6M
- -50.00%
- 1Y
- -66.10%
- 3Y*
- -28.43%
- 5Y*
- -18.40%
- 10Y*
- 14.57%
AXON vs. HUBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
HUBS HubSpot, Inc. | -53.16% | -42.41% | 20.02% | 100.79% | -56.14% | 66.27% | 150.12% | 26.06% | 42.23% | 88.09% |
Correlation
The correlation between AXON and HUBS is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2014 | 0.41 |
Fundamentals
AXON:
$36.43B
HUBS:
$9.88B
AXON:
$2.41
HUBS:
$1.91
AXON:
183.64
HUBS:
98.67
AXON:
0.05
HUBS:
0.11
AXON:
12.70
HUBS:
3.00
AXON:
10.31
HUBS:
4.95
AXON:
$2.98B
HUBS:
$3.30B
AXON:
$1.77B
HUBS:
$2.76B
AXON:
$156.24M
HUBS:
$196.96M
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Return for Risk
AXON vs. HUBS — Risk / Return Rank
AXON
HUBS
AXON vs. HUBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and HubSpot, Inc. (HUBS). 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.
| AXON | HUBS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.77 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.99 | +0.27 |
| Martin ratioReturn relative to average drawdown | -1.22 | -1.66 | +0.45 |
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Drawdowns
AXON vs. HUBS - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than HUBS's maximum drawdown of -78.99%. Use the drawdown chart below to compare losses from any high point for AXON and HUBS.
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Drawdown Indicators
| AXON | HUBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -78.99% | -12.79% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -68.09% | +7.81% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -78.16% | +17.88% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -78.99% | +18.71% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -78.99% | +18.71% |
Current DrawdownCurrent decline from peak | -49.28% | -77.94% | +28.66% |
Average DrawdownAverage peak-to-trough decline | -43.60% | -23.21% | -20.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.34% | 40.95% | -5.61% |
Volatility
AXON vs. HUBS - Volatility Comparison
The current volatility for Axon Enterprise, Inc. (AXON) is 17.73%, while HubSpot, Inc. (HUBS) has a volatility of 27.45%. This indicates that AXON experiences smaller price fluctuations and is considered to be less risky than HUBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | HUBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.73% | 27.45% | -9.72% |
Volatility (6M)Calculated over the trailing 6-month period | 44.20% | 55.03% | -10.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.66% | 62.97% | -7.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.94% | 55.02% | -7.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.18% | 50.98% | -1.80% |
Dividends
AXON vs. HUBS - Dividend Comparison
Neither AXON nor HUBS has paid dividends to shareholders.
Financials
AXON vs. HUBS - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and HubSpot, Inc.. 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
AXON vs. HUBS - Profitability Comparison
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a gross profit of 477.29M and revenue of 807.35M. Therefore, the gross margin over that period was 59.1%.
HUBS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported a gross profit of 735.30M and revenue of 881.00M. Therefore, the gross margin over that period was 83.5%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
HUBS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported an operating income of 27.94M and revenue of 881.00M, resulting in an operating margin of 3.2%.
AXON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a net income of 169.31M and revenue of 807.35M, resulting in a net margin of 21.0%.
HUBS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported a net income of 32.55M and revenue of 881.00M, resulting in a net margin of 3.7%.
Frequently Asked Questions
AXON and HUBS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUBS has higher volatility (27.45%) compared to AXON (17.73%). In terms of maximum drawdown, AXON dropped -91.78% vs HUBS's -78.99%.
AXON currently has the higher Sharpe Ratio (-0.78 vs -1.07), 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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