AXON vs. IXC
AXON (Axon Enterprise, Inc.) is a stock, while IXC (iShares Global Energy ETF) is Energy Equities fund tracking the S&P Global Energy Sector Index. Over the past 10 years, AXON returned 35.69%/yr vs 10.29%/yr for IXC. At a 0.24 correlation, their price movements are largely independent.
Performance
AXON vs. IXC - 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 IXC's 32.22% return. Over the past 10 years, AXON has outperformed IXC with an annualized return of 35.69%, while IXC has yielded a comparatively lower 10.29% 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%
IXC
- 1D
- 0.87%
- 1M
- -1.75%
- YTD
- 32.22%
- 6M
- 30.00%
- 1Y
- 48.10%
- 3Y*
- 18.84%
- 5Y*
- 19.64%
- 10Y*
- 10.29%
AXON vs. IXC - 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% |
IXC iShares Global Energy ETF | 32.22% | 13.98% | 1.95% | 3.92% | 48.51% | 40.88% | -31.00% | 12.67% | -14.85% | 5.54% |
Correlation
The correlation between AXON and IXC is -0.14, 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 | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2001 | 0.24 |
The correlation between AXON and IXC shifts across timeframes, from -0.14 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AXON vs. IXC — Risk / Return Rank
AXON
IXC
AXON vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and iShares Global Energy ETF (IXC). 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 | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.25 | ||
| Sortino ratioReturn per unit of downside risk | -4.04 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.42 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 5.00 | -5.61 |
| Martin ratioReturn relative to average drawdown | -1.06 | 15.10 | -16.16 |
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 | IXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.67 | 2.58 | -3.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.84 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.38 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.32 | +0.20 |
Drawdowns
AXON vs. IXC - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for AXON and IXC.
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Drawdown Indicators
| AXON | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -67.88% | -23.90% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -9.66% | -50.62% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -19.06% | -41.22% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -24.93% | -35.35% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -64.16% | +3.88% |
Current DrawdownCurrent decline from peak | -44.72% | -4.84% | -39.88% |
Average DrawdownAverage peak-to-trough decline | -43.59% | -17.48% | -26.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.48% | 3.20% | +31.28% |
Volatility
AXON vs. IXC - Volatility Comparison
Axon Enterprise, Inc. (AXON) has a higher volatility of 19.59% compared to iShares Global Energy ETF (IXC) at 7.50%. This indicates that AXON's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.59% | 7.50% | +12.09% |
Volatility (6M)Calculated over the trailing 6-month period | 43.35% | 15.42% | +27.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.98% | 18.75% | +36.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.85% | 23.50% | +24.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.10% | 26.85% | +22.25% |
Dividends
AXON vs. IXC - Dividend Comparison
AXON has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 2.79%.
| 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% |
IXC iShares Global Energy ETF | 2.79% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Frequently Asked Questions
AXON and IXC have a correlation of -0.14, 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 IXC (7.50%). In terms of maximum drawdown, AXON dropped -91.78% vs IXC's -67.88%.
IXC currently has the higher Sharpe Ratio (2.58 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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