AXON vs. QUBT
AXON (Axon Enterprise, Inc.) and QUBT (Quantum Computing, Inc.) are both stocks. AXON operates in Aerospace & Defense (Industrials), while QUBT operates in Computer Hardware (Technology). Over the past 5 years, AXON returned 22.92%/yr vs 9.88%/yr for QUBT. At a 0.19 correlation, their price movements are largely independent.
Performance
AXON vs. QUBT - Performance Comparison
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Returns By Period
In the year-to-date period, AXON achieves a -22.22% return, which is significantly lower than QUBT's -3.22% 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%
QUBT
- 1D
- 0.20%
- 1M
- -5.47%
- YTD
- -3.22%
- 6M
- -17.59%
- 1Y
- -40.47%
- 3Y*
- 77.69%
- 5Y*
- 9.88%
- 10Y*
- —
AXON vs. QUBT - 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% | -35.60% |
QUBT Quantum Computing, Inc. | -3.22% | -38.01% | 1,712.51% | -39.53% | -55.72% | -75.83% | 370.33% | 0.00% | -42.31% |
Correlation
The correlation between AXON and QUBT is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2018 | 0.19 |
Fundamentals
AXON:
$36.43B
QUBT:
$2.22B
AXON:
$2.41
QUBT:
-$0.21
AXON:
12.70
QUBT:
428.61
AXON:
10.31
QUBT:
1.39
AXON:
$2.98B
QUBT:
$4.33M
AXON:
$1.77B
QUBT:
-$667.00K
AXON:
$156.24M
QUBT:
-$52.52M
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Return for Risk
AXON vs. QUBT — Risk / Return Rank
AXON
QUBT
AXON vs. QUBT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and Quantum Computing, Inc. (QUBT). 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 | QUBT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.99 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.58 | -0.13 |
| Martin ratioReturn relative to average drawdown | -1.22 | -0.89 | -0.33 |
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Drawdowns
AXON vs. QUBT - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, smaller than the maximum QUBT drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for AXON and QUBT.
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Drawdown Indicators
| AXON | QUBT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -97.53% | +5.75% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -74.37% | +14.09% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -82.40% | +22.12% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -95.63% | +35.35% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | — | — |
Current DrawdownCurrent decline from peak | -49.28% | -61.33% | +12.05% |
Average DrawdownAverage peak-to-trough decline | -43.60% | -72.90% | +29.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.34% | 48.67% | -13.33% |
Volatility
AXON vs. QUBT - Volatility Comparison
The current volatility for Axon Enterprise, Inc. (AXON) is 17.73%, while Quantum Computing, Inc. (QUBT) has a volatility of 33.55%. This indicates that AXON experiences smaller price fluctuations and is considered to be less risky than QUBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | QUBT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.73% | 33.55% | -15.82% |
Volatility (6M)Calculated over the trailing 6-month period | 44.20% | 67.37% | -23.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.66% | 103.81% | -48.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.94% | 133.05% | -85.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.18% | 177.48% | -128.30% |
Dividends
AXON vs. QUBT - Dividend Comparison
Neither AXON nor QUBT has paid dividends to shareholders.
Financials
AXON vs. QUBT - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and Quantum Computing, 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 QUBT have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QUBT has higher volatility (33.55%) compared to AXON (17.73%). In terms of maximum drawdown, AXON dropped -91.78% vs QUBT's -97.53%.
QUBT currently has the higher Sharpe Ratio (-0.42 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.
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