AXON vs. PULS
AXON (Axon Enterprise, Inc.) is a stock, while PULS (PGIM Ultra Short Bond ETF) is Ultrashort Bond fund actively managed by PGIM. Over the past 5 years, AXON returned 22.92%/yr vs 4.14%/yr for PULS. At a 0.04 correlation, their price movements are largely independent.
Performance
AXON vs. PULS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AXON achieves a -22.22% return, which is significantly lower than PULS's 1.88% 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%
PULS
- 1D
- 0.04%
- 1M
- 0.38%
- YTD
- 1.88%
- 6M
- 2.10%
- 1Y
- 4.67%
- 3Y*
- 5.59%
- 5Y*
- 4.14%
- 10Y*
- —
AXON vs. PULS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 5.91% |
PULS PGIM Ultra Short Bond ETF | 1.88% | 4.97% | 6.12% | 6.26% | 1.52% | 0.48% | 1.47% | 2.97% | 1.71% |
Correlation
The correlation between AXON and PULS is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2018 | 0.04 |
The correlation between AXON and PULS shifts across timeframes, from 0.02 (3 years) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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. PULS — Risk / Return Rank
AXON
PULS
AXON vs. PULS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and PGIM Ultra Short Bond ETF (PULS). 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 | PULS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -12.18 | ||
| Sortino ratioReturn per unit of downside risk | -33.95 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 7.59 | -6.72 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 52.47 | -53.18 |
| Martin ratioReturn relative to average drawdown | -1.22 | 317.38 | -318.60 |
Loading charts...
Drawdowns
AXON vs. PULS - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than PULS's maximum drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for AXON and PULS.
Loading charts...
Drawdown Indicators
| AXON | PULS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -5.85% | -85.93% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -0.09% | -60.19% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -0.34% | -59.94% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -0.79% | -59.49% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | — | — |
Current DrawdownCurrent decline from peak | -49.28% | 0.00% | -49.28% |
Average DrawdownAverage peak-to-trough decline | -43.60% | -0.09% | -43.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.34% | 0.01% | +35.33% |
Volatility
AXON vs. PULS - Volatility Comparison
Axon Enterprise, Inc. (AXON) has a higher volatility of 17.73% compared to PGIM Ultra Short Bond ETF (PULS) at 0.11%. This indicates that AXON's price experiences larger fluctuations and is considered to be riskier than PULS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AXON | PULS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.73% | 0.11% | +17.62% |
Volatility (6M)Calculated over the trailing 6-month period | 44.20% | 0.30% | +43.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.66% | 0.41% | +55.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.94% | 0.70% | +47.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.18% | 1.33% | +47.85% |
Dividends
AXON vs. PULS - Dividend Comparison
AXON has not paid dividends to shareholders, while PULS's dividend yield for the trailing twelve months is around 4.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PULS PGIM Ultra Short Bond ETF | 4.57% | 4.78% | 5.62% | 5.48% | 2.30% | 1.19% | 1.85% | 2.69% | 1.87% |
Frequently Asked Questions
AXON and PULS 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 (17.73%) compared to PULS (0.11%). In terms of maximum drawdown, AXON dropped -91.78% vs PULS's -5.85%.
PULS currently has the higher Sharpe Ratio (11.41 vs -0.78), 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 PULS
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