AXON vs. SMCI
AXON (Axon Enterprise, Inc.) and SMCI (Super Micro Computer, Inc.) are both stocks. AXON operates in Aerospace & Defense (Industrials), while SMCI operates in Computer Hardware (Technology). Over the past 10 years, AXON returned 34.58%/yr vs 27.77%/yr for SMCI. At a 0.30 correlation, their price movements are largely independent.
Performance
AXON vs. SMCI - 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 SMCI's 4.07% return. Over the past 10 years, AXON has outperformed SMCI with an annualized return of 34.58%, while SMCI has yielded a comparatively lower 27.77% annualized return.
AXON
- 1D
- -1.00%
- 1M
- 17.23%
- YTD
- -22.22%
- 6M
- -21.72%
- 1Y
- -43.02%
- 3Y*
- 30.96%
- 5Y*
- 22.92%
- 10Y*
- 34.58%
SMCI
- 1D
- -4.72%
- 1M
- -4.81%
- YTD
- 4.07%
- 6M
- -5.78%
- 1Y
- -29.75%
- 3Y*
- 7.64%
- 5Y*
- 52.73%
- 10Y*
- 27.77%
AXON vs. SMCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
SMCI Super Micro Computer, Inc. | 4.07% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 31.81% | 74.06% | -34.07% | -25.38% |
Correlation
The correlation between AXON and SMCI 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 | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2007 | 0.30 |
Fundamentals
AXON:
$36.43B
SMCI:
$20.52B
AXON:
$2.41
SMCI:
$2.70
AXON:
183.64
SMCI:
11.27
AXON:
0.05
SMCI:
0.25
AXON:
12.70
SMCI:
0.60
AXON:
10.31
SMCI:
2.71
AXON:
$2.98B
SMCI:
$33.70B
AXON:
$1.77B
SMCI:
$2.83B
AXON:
$156.24M
SMCI:
$1.47B
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Return for Risk
AXON vs. SMCI — Risk / Return Rank
AXON
SMCI
AXON vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and Super Micro Computer, Inc. (SMCI). 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 | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.01 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.45 | -0.26 |
| Martin ratioReturn relative to average drawdown | -1.22 | -0.76 | -0.46 |
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Drawdowns
AXON vs. SMCI - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than SMCI's maximum drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for AXON and SMCI.
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Drawdown Indicators
| AXON | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -84.84% | -6.94% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -66.18% | +5.90% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -84.84% | +24.56% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -84.84% | +24.56% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -84.84% | +24.56% |
Current DrawdownCurrent decline from peak | -49.28% | -74.36% | +25.08% |
Average DrawdownAverage peak-to-trough decline | -43.60% | -31.98% | -11.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.34% | 39.34% | -4.00% |
Volatility
AXON vs. SMCI - Volatility Comparison
The current volatility for Axon Enterprise, Inc. (AXON) is 17.73%, while Super Micro Computer, Inc. (SMCI) has a volatility of 44.32%. This indicates that AXON experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.73% | 44.32% | -26.59% |
Volatility (6M)Calculated over the trailing 6-month period | 44.20% | 76.32% | -32.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.66% | 85.20% | -29.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.94% | 86.53% | -38.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.18% | 71.19% | -22.01% |
Dividends
AXON vs. SMCI - Dividend Comparison
Neither AXON nor SMCI has paid dividends to shareholders.
Financials
AXON vs. SMCI - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and Super Micro Computer, 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. SMCI - 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%.
SMCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a gross profit of 1.02B and revenue of 10.24B. Therefore, the gross margin over that period was 10.0%.
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%.
SMCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported an operating income of 625.87M and revenue of 10.24B, resulting in an operating margin of 6.1%.
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%.
SMCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a net income of 1.02B and revenue of 10.24B, resulting in a net margin of 9.9%.
Frequently Asked Questions
AXON and SMCI 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.
SMCI has higher volatility (44.32%) compared to AXON (17.73%). In terms of maximum drawdown, AXON dropped -91.78% vs SMCI's -84.84%.
SMCI currently has the higher Sharpe Ratio (-0.35 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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