AXON vs. LUG.TO
AXON (Axon Enterprise, Inc.) and LUG.TO (Lundin Gold Inc.) are both stocks. AXON operates in Aerospace & Defense (Industrials), while LUG.TO operates in Gold (Basic Materials). Over the past 10 years, AXON returned 35.39%/yr vs 31.76%/yr for LUG.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
AXON vs. LUG.TO - Performance Comparison
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Different Trading Currencies
AXON is traded in USD, while LUG.TO is traded in CAD. To make them comparable, the LUG.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AXON achieves a -17.06% return, which is significantly higher than LUG.TO's -27.87% return. Over the past 10 years, AXON has outperformed LUG.TO with an annualized return of 35.39%, while LUG.TO has yielded a comparatively lower 31.76% annualized return.
AXON
- 1D
- -3.10%
- 1M
- 16.73%
- YTD
- -17.06%
- 6M
- -14.84%
- 1Y
- -40.51%
- 3Y*
- 34.22%
- 5Y*
- 26.05%
- 10Y*
- 35.39%
LUG.TO
- 1D
- 0.15%
- 1M
- -15.65%
- YTD
- -27.87%
- 6M
- -24.20%
- 1Y
- 17.78%
- 3Y*
- 76.39%
- 5Y*
- 49.60%
- 10Y*
- 31.76%
AXON vs. LUG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -17.06% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
LUG.TO Lundin Gold Inc. | -27.87% | 309.94% | 76.65% | 32.70% | 22.82% | -4.62% | 34.40% | 74.11% | 1.61% | -7.62% |
Correlation
The correlation between AXON and LUG.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.08 |
Fundamentals
AXON:
$38.85B
LUG.TO:
CA$19.02B
AXON:
$2.41
LUG.TO:
CA$3.77
AXON:
195.83
LUG.TO:
20.77
AXON:
0.06
LUG.TO:
0.28
AXON:
13.54
LUG.TO:
9.50
AXON:
10.99
LUG.TO:
13.96
AXON:
$2.98B
LUG.TO:
CA$2.00B
AXON:
$1.77B
LUG.TO:
CA$1.41B
AXON:
$156.24M
LUG.TO:
CA$1.43B
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Return for Risk
AXON vs. LUG.TO — Risk / Return Rank
AXON
LUG.TO
AXON vs. LUG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and Lundin Gold Inc. (LUG.TO). 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 | LUG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.10 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 0.49 | -1.17 |
| Martin ratioReturn relative to average drawdown | -1.17 | 1.31 | -2.47 |
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 | LUG.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.73 | 0.32 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 1.07 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.73 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.10 | +0.41 |
Drawdowns
AXON vs. LUG.TO - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, roughly equal to the maximum LUG.TO drawdown of -95.13%. Use the drawdown chart below to compare losses from any high point for AXON and LUG.TO.
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Drawdown Indicators
| AXON | LUG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -95.13% | +3.35% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -36.21% | -24.07% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -36.21% | -24.07% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -43.37% | -16.91% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -46.50% | -13.78% |
Current DrawdownCurrent decline from peak | -45.92% | -36.12% | -9.80% |
Average DrawdownAverage peak-to-trough decline | -43.59% | -71.96% | +28.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.81% | 13.66% | +21.15% |
Volatility
AXON vs. LUG.TO - Volatility Comparison
Axon Enterprise, Inc. (AXON) has a higher volatility of 19.02% compared to Lundin Gold Inc. (LUG.TO) at 17.81%. This indicates that AXON's price experiences larger fluctuations and is considered to be riskier than LUG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | LUG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.02% | 17.81% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 44.22% | 41.78% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.73% | 56.18% | -0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.97% | 46.83% | +1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.19% | 43.76% | +5.43% |
Dividends
AXON vs. LUG.TO - Dividend Comparison
AXON has not paid dividends to shareholders, while LUG.TO's dividend yield for the trailing twelve months is around 5.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LUG.TO Lundin Gold Inc. | 5.30% | 3.35% | 2.69% | 3.26% | 1.97% |
Financials
AXON vs. LUG.TO - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and Lundin Gold 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. LUG.TO - 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%.
LUG.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a gross profit of 420.70M and revenue of 567.38M. Therefore, the gross margin over that period was 74.2%.
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%.
LUG.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported an operating income of 391.03M and revenue of 567.38M, resulting in an operating margin of 68.9%.
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%.
LUG.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a net income of 273.33M and revenue of 567.38M, resulting in a net margin of 48.2%.
Frequently Asked Questions
AXON and LUG.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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