AXON vs. PSIX
AXON (Axon Enterprise, Inc.) and PSIX (Power Solutions International, Inc.) are both stocks. Both are in the Industrials sector — AXON in Aerospace & Defense, PSIX in Specialty Industrial Machinery. Over the past 10 years, AXON returned 34.13%/yr vs 8.29%/yr for PSIX. At a 0.12 correlation, their price movements are largely independent.
Performance
AXON vs. PSIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AXON achieves a -23.75% return, which is significantly higher than PSIX's -31.59% return. Over the past 10 years, AXON has outperformed PSIX with an annualized return of 34.13%, while PSIX has yielded a comparatively lower 8.29% annualized return.
AXON
- 1D
- 5.61%
- 1M
- 12.19%
- YTD
- -23.75%
- 6M
- -26.73%
- 1Y
- -44.71%
- 3Y*
- 31.90%
- 5Y*
- 20.87%
- 10Y*
- 34.13%
PSIX
- 1D
- -0.05%
- 1M
- 0.57%
- YTD
- -31.59%
- 6M
- -41.69%
- 1Y
- -35.77%
- 3Y*
- 150.06%
- 5Y*
- 50.88%
- 10Y*
- 8.29%
AXON vs. PSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -23.75% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
PSIX Power Solutions International, Inc. | -31.59% | 92.07% | 1,351.22% | -31.67% | 0.00% | -9.09% | -58.23% | -14.59% | 23.33% | 0.00% |
Correlation
The correlation between AXON and PSIX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2012 | 0.12 |
Fundamentals
AXON:
$35.72B
PSIX:
$901.53M
AXON:
$2.41
PSIX:
$4.43
AXON:
180.02
PSIX:
8.82
AXON:
0.05
PSIX:
0.09
AXON:
12.45
PSIX:
1.54
AXON:
10.11
PSIX:
4.85
AXON:
$2.98B
PSIX:
$586.96M
AXON:
$1.77B
PSIX:
$172.81M
AXON:
$156.24M
PSIX:
$102.78M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AXON vs. PSIX — Risk / Return Rank
AXON
PSIX
AXON vs. PSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and Power Solutions International, Inc. (PSIX). 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 | PSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.02 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.52 | -0.22 |
| Martin ratioReturn relative to average drawdown | -1.24 | -0.93 | -0.30 |
Loading charts...
Drawdowns
AXON vs. PSIX - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, smaller than the maximum PSIX drawdown of -98.55%. Use the drawdown chart below to compare losses from any high point for AXON and PSIX.
Loading charts...
Drawdown Indicators
| AXON | PSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -98.55% | +6.77% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -68.60% | +8.32% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -68.60% | +8.32% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -84.38% | +24.10% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -93.77% | +33.49% |
Current DrawdownCurrent decline from peak | -50.28% | -66.24% | +15.96% |
Average DrawdownAverage peak-to-trough decline | -43.61% | -68.20% | +24.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.20% | 38.32% | -2.12% |
Volatility
AXON vs. PSIX - Volatility Comparison
Axon Enterprise, Inc. (AXON) and Power Solutions International, Inc. (PSIX) have volatilities of 18.74% and 17.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AXON | PSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.74% | 17.85% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 44.50% | 89.13% | -44.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.10% | 102.18% | -46.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.04% | 113.11% | -65.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.24% | 105.98% | -56.74% |
Dividends
AXON vs. PSIX - Dividend Comparison
Neither AXON nor PSIX has paid dividends to shareholders.
Financials
AXON vs. PSIX - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and Power Solutions International, 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
Frequently Asked Questions
AXON and PSIX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (18.74%) compared to PSIX (17.85%). In terms of maximum drawdown, AXON dropped -91.78% vs PSIX's -98.55%.
PSIX currently has the higher Sharpe Ratio (-0.35 vs -0.80), 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.
Find the right allocation for AXON and PSIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer