AZO vs. EUAD
AZO (AutoZone, Inc.) is a stock, while EUAD (Select STOXX Europe Aerospace & Defense ETF) is Aerospace & Defense fund tracking the STOXX Europe Total Market Aerospace & Defense Index. Over the past year, AZO returned -15.40% vs 2.75% for EUAD. At a 0.15 correlation, their price movements are largely independent.
Performance
AZO vs. EUAD - Performance Comparison
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Returns By Period
In the year-to-date period, AZO achieves a -8.11% return, which is significantly lower than EUAD's -2.37% return.
AZO
- 1D
- 1.13%
- 1M
- -7.44%
- YTD
- -8.11%
- 6M
- -9.56%
- 1Y
- -15.40%
- 3Y*
- 8.78%
- 5Y*
- 17.45%
- 10Y*
- 15.33%
EUAD
- 1D
- -0.77%
- 1M
- 4.47%
- YTD
- -2.37%
- 6M
- -0.54%
- 1Y
- 2.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AZO vs. EUAD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AZO AutoZone, Inc. | -8.11% | 5.92% | -0.51% |
EUAD Select STOXX Europe Aerospace & Defense ETF | -2.37% | 74.51% | -6.86% |
Correlation
The correlation between AZO and EUAD is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024 | 0.16 |
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Return for Risk
AZO vs. EUAD — Risk / Return Rank
AZO
EUAD
AZO vs. EUAD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) and Select STOXX Europe Aerospace & Defense ETF (EUAD). 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.
| AZO | EUAD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.04 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 0.13 | -0.60 |
| Martin ratioReturn relative to average drawdown | -1.00 | 0.30 | -1.29 |
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Drawdowns
AZO vs. EUAD - Drawdown Comparison
The maximum AZO drawdown since its inception was -46.32%, which is greater than EUAD's maximum drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for AZO and EUAD.
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Drawdown Indicators
| AZO | EUAD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.32% | -22.04% | -24.28% |
Max Drawdown (1Y)Largest decline over 1 year | -32.59% | -22.04% | -10.55% |
Max Drawdown (3Y)Largest decline over 3 years | -32.59% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.59% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.14% | — | — |
Current DrawdownCurrent decline from peak | -28.44% | -14.81% | -13.63% |
Average DrawdownAverage peak-to-trough decline | -10.88% | -5.88% | -5.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.50% | 9.34% | +6.16% |
Volatility
AZO vs. EUAD - Volatility Comparison
AutoZone, Inc. (AZO) has a higher volatility of 11.64% compared to Select STOXX Europe Aerospace & Defense ETF (EUAD) at 9.65%. This indicates that AZO's price experiences larger fluctuations and is considered to be riskier than EUAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AZO | EUAD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.64% | 9.65% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 21.75% | 24.40% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.23% | 29.15% | -1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 29.90% | -5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.48% | 29.90% | -3.42% |
Dividends
AZO vs. EUAD - Dividend Comparison
AZO has not paid dividends to shareholders, while EUAD's dividend yield for the trailing twelve months is around 0.41%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AZO AutoZone, Inc. | 0.00% | 0.00% | 0.00% |
EUAD Select STOXX Europe Aerospace & Defense ETF | 0.41% | 0.40% | 0.10% |
Frequently Asked Questions
AZO and EUAD have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AZO has higher volatility (11.64%) compared to EUAD (9.65%). In terms of maximum drawdown, AZO dropped -46.32% vs EUAD's -22.04%.
EUAD currently has the higher Sharpe Ratio (0.09 vs -0.57), 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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