AXON vs. OR.TO
AXON (Axon Enterprise, Inc.) and OR.TO (Osisko Gold Royalties Ltd) are both stocks. AXON operates in Aerospace & Defense (Industrials), while OR.TO operates in Gold (Basic Materials). Over the past 10 years, AXON returned 35.39%/yr vs 11.43%/yr for OR.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
AXON vs. OR.TO - Performance Comparison
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Different Trading Currencies
AXON is traded in USD, while OR.TO is traded in CAD. To make them comparable, the OR.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 lower than OR.TO's -4.71% return. Over the past 10 years, AXON has outperformed OR.TO with an annualized return of 35.39%, while OR.TO has yielded a comparatively lower 11.43% 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%
OR.TO
- 1D
- -0.32%
- 1M
- -12.23%
- YTD
- -4.71%
- 6M
- 0.83%
- 1Y
- 30.87%
- 3Y*
- 29.42%
- 5Y*
- 19.67%
- 10Y*
- 11.43%
AXON vs. OR.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% |
OR.TO Osisko Gold Royalties Ltd | -4.71% | 97.16% | 28.30% | 20.19% | 0.65% | -2.63% | 32.92% | 11.56% | -22.62% | 20.38% |
Correlation
The correlation between AXON and OR.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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2014 | 0.08 |
Fundamentals
AXON:
$38.85B
OR.TO:
CA$8.89B
AXON:
$2.41
OR.TO:
CA$1.34
AXON:
195.83
OR.TO:
35.10
AXON:
0.06
OR.TO:
0.09
AXON:
13.54
OR.TO:
27.41
AXON:
10.99
OR.TO:
6.03
AXON:
$2.98B
OR.TO:
CA$324.98M
AXON:
$1.77B
OR.TO:
CA$282.47M
AXON:
$156.24M
OR.TO:
CA$324.46M
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Return for Risk
AXON vs. OR.TO — Risk / Return Rank
AXON
OR.TO
AXON vs. OR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and Osisko Gold Royalties Ltd (OR.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 | OR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.16 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 0.99 | -1.67 |
| Martin ratioReturn relative to average drawdown | -1.17 | 2.26 | -3.42 |
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 | OR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.73 | 0.71 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.58 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.31 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.25 | +0.26 |
Drawdowns
AXON vs. OR.TO - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than OR.TO's maximum drawdown of -64.21%. Use the drawdown chart below to compare losses from any high point for AXON and OR.TO.
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Drawdown Indicators
| AXON | OR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -64.21% | -27.57% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -31.19% | -29.09% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -31.19% | -29.09% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -37.38% | -22.90% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -61.66% | +1.38% |
Current DrawdownCurrent decline from peak | -45.92% | -29.13% | -16.79% |
Average DrawdownAverage peak-to-trough decline | -43.59% | -20.83% | -22.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.81% | 13.72% | +21.09% |
Volatility
AXON vs. OR.TO - Volatility Comparison
Axon Enterprise, Inc. (AXON) has a higher volatility of 19.02% compared to Osisko Gold Royalties Ltd (OR.TO) at 13.79%. This indicates that AXON's price experiences larger fluctuations and is considered to be riskier than OR.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 | OR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.02% | 13.79% | +5.23% |
Volatility (6M)Calculated over the trailing 6-month period | 44.22% | 36.89% | +7.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.73% | 44.03% | +11.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.97% | 34.26% | +13.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.19% | 36.72% | +12.47% |
Dividends
AXON vs. OR.TO - Dividend Comparison
AXON has not paid dividends to shareholders, while OR.TO's dividend yield for the trailing twelve months is around 0.64%.
| 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% |
OR.TO Osisko Gold Royalties Ltd | 0.64% | 0.60% | 0.98% | 1.24% | 1.35% | 1.36% | 1.24% | 1.58% | 1.67% | 1.24% | 1.22% | 0.95% |
Financials
AXON vs. OR.TO - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and Osisko Gold Royalties Ltd. 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. OR.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%.
OR.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported a gross profit of 87.05M and revenue of 101.15M. Therefore, the gross margin over that period was 86.1%.
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%.
OR.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported an operating income of 78.93M and revenue of 101.15M, resulting in an operating margin of 78.0%.
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%.
OR.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported a net income of 72.38M and revenue of 101.15M, resulting in a net margin of 71.6%.
Frequently Asked Questions
AXON and OR.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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