AXON vs. TDG
AXON (Axon Enterprise, Inc.) and TDG (TransDigm Group Incorporated) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, AXON returned 35.00%/yr vs 21.96%/yr for TDG. At a 0.34 correlation, their price movements are largely independent.
Performance
AXON vs. TDG - Performance Comparison
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Returns By Period
In the year-to-date period, AXON achieves a -3.68% return, which is significantly higher than TDG's -7.13% return. Over the past 10 years, AXON has outperformed TDG with an annualized return of 35.00%, while TDG has yielded a comparatively lower 21.96% annualized return.
AXON
- 1D
- -3.32%
- 1M
- 23.84%
- 6M
- -13.41%
- YTD
- -3.68%
- 1Y
- -25.03%
- 3Y*
- 41.71%
- 5Y*
- 25.27%
- 10Y*
- 35.00%
TDG
- 1D
- -4.36%
- 1M
- -1.68%
- 6M
- -10.90%
- YTD
- -7.13%
- 1Y
- -14.46%
- 3Y*
- 17.58%
- 5Y*
- 18.13%
- 10Y*
- 21.96%
AXON vs. TDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | -3.68% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
TDG TransDigm Group Incorporated | -7.13% | 12.15% | 32.27% | 66.57% | 1.77% | 2.82% | 10.51% | 84.41% | 23.83% | 19.84% |
Correlation
The correlation between AXON and TDG 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 | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2006 | 0.34 |
The correlation between AXON and TDG shifts across timeframes, from 0.27 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AXON:
$44.09B
TDG:
$69.08B
AXON:
$2.37
TDG:
$34.78
AXON:
230.66
TDG:
35.51
AXON:
0.07
TDG:
1.05
AXON:
15.95
TDG:
7.56
AXON:
$2.98B
TDG:
$9.50B
AXON:
$1.77B
TDG:
$5.61B
AXON:
$156.24M
TDG:
$4.78B
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Return for Risk
AXON vs. TDG — Risk / Return Rank
AXON
TDG
AXON vs. TDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axon Enterprise, Inc. (AXON) and TransDigm Group Incorporated (TDG). 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 | TDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.93 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.57 | +0.16 |
| Martin ratioReturn relative to average drawdown | -0.68 | -0.95 | +0.28 |
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Drawdowns
AXON vs. TDG - Drawdown Comparison
The maximum AXON drawdown since its inception was -91.78%, which is greater than TDG's maximum drawdown of -62.64%. Use the drawdown chart below to compare losses from any high point for AXON and TDG.
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Drawdown Indicators
| AXON | TDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.78% | -62.64% | -29.14% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -25.30% | -34.98% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -25.30% | -34.98% |
Max Drawdown (5Y)Largest decline over 5 years | -60.28% | -25.30% | -34.98% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -62.64% | +2.36% |
Current DrawdownCurrent decline from peak | -37.19% | -18.57% | -18.62% |
Average DrawdownAverage peak-to-trough decline | -43.60% | -7.97% | -35.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.06% | 15.22% | +21.84% |
Volatility
AXON vs. TDG - Volatility Comparison
Axon Enterprise, Inc. (AXON) has a higher volatility of 20.36% compared to TransDigm Group Incorporated (TDG) at 8.73%. This indicates that AXON's price experiences larger fluctuations and is considered to be riskier than TDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXON | TDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.36% | 8.73% | +11.63% |
Volatility (6M)Calculated over the trailing 6-month period | 47.45% | 22.71% | +24.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.29% | 29.06% | +29.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.76% | 28.05% | +20.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.53% | 33.88% | +15.65% |
Dividends
AXON vs. TDG - Dividend Comparison
AXON has not paid dividends to shareholders, while TDG's dividend yield for the trailing twelve months is around 7.29%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TDG TransDigm Group Incorporated | 7.29% | 6.77% | 5.92% | 3.46% | 2.94% | 0.00% | 0.00% | 11.16% | 0.00% | 8.01% | 9.64% |
Financials
AXON vs. TDG - Financials Comparison
This section allows you to compare key financial metrics between Axon Enterprise, Inc. and TransDigm Group Incorporated. 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. TDG - Profitability Comparison
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
TDG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TransDigm Group Incorporated reported a gross profit of 1.51B and revenue of 2.54B. Therefore, the gross margin over that period was 59.4%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
TDG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TransDigm Group Incorporated reported an operating income of 1.18B and revenue of 2.54B, resulting in an operating margin of 46.3%.
AXON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Axon Enterprise, Inc. reported a net income of 169.31M and revenue of 807.35M, resulting in a net margin of 21.0%.
TDG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TransDigm Group Incorporated reported a net income of 535.00M and revenue of 2.54B, resulting in a net margin of 21.0%.
Frequently Asked Questions
AXON and TDG 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.
AXON has higher volatility (20.36%) compared to TDG (8.73%). In terms of maximum drawdown, AXON dropped -91.78% vs TDG's -62.64%.
AXON currently has the higher Sharpe Ratio (-0.43 vs -0.50), 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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