AZO vs. PZG
AZO (AutoZone, Inc.) and PZG (Paramount Gold Nevada Corp.) are both stocks. AZO operates in Specialty Retail (Consumer Cyclical), while PZG operates in Gold (Basic Materials). Over the past 10 years, AZO returned 15.09%/yr vs -3.20%/yr for PZG. At a 0.05 correlation, their price movements are largely independent.
Performance
AZO vs. PZG - Performance Comparison
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Returns By Period
In the year-to-date period, AZO achieves a -9.36% return, which is significantly lower than PZG's -7.14% return. Over the past 10 years, AZO has outperformed PZG with an annualized return of 15.09%, while PZG has yielded a comparatively lower -3.20% annualized return.
AZO
- 1D
- -1.36%
- 1M
- -12.07%
- YTD
- -9.36%
- 6M
- -18.39%
- 1Y
- -17.35%
- 3Y*
- 9.16%
- 5Y*
- 17.26%
- 10Y*
- 15.09%
PZG
- 1D
- -1.68%
- 1M
- -18.75%
- YTD
- -7.14%
- 6M
- 1.74%
- 1Y
- 103.90%
- 3Y*
- 59.19%
- 5Y*
- 2.58%
- 10Y*
- -3.20%
AZO vs. PZG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AZO AutoZone, Inc. | -9.36% | 5.92% | 23.84% | 4.84% | 17.64% | 76.84% | -0.49% | 42.10% | 17.85% | -9.93% |
PZG Paramount Gold Nevada Corp. | -7.14% | 268.42% | -8.80% | 8.70% | -50.62% | -40.29% | 51.28% | -6.82% | -36.15% | -26.97% |
Correlation
The correlation between AZO and PZG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 9, 2006 | 0.05 |
The correlation between AZO and PZG shifts across timeframes, from 0.03 (5 years) to 0.15 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AZO:
$51.80B
PZG:
$97.27M
AZO:
$145.27
PZG:
-$0.09
AZO:
$19.99B
PZG:
$0.00
AZO:
$10.34B
PZG:
-$892.14K
AZO:
$4.26B
PZG:
-$11.01M
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Return for Risk
AZO vs. PZG — Risk / Return Rank
AZO
PZG
AZO vs. PZG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) and Paramount Gold Nevada Corp. (PZG). 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.
| AZO | PZG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.96 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.26 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 1.86 | -2.39 |
| Martin ratioReturn relative to average drawdown | -1.15 | 4.65 | -5.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AZO | PZG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.64 | 1.44 | -2.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.04 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | -0.05 | +0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | -0.09 | +0.71 |
Drawdowns
AZO vs. PZG - Drawdown Comparison
The maximum AZO drawdown since its inception was -46.32%, smaller than the maximum PZG drawdown of -93.81%. Use the drawdown chart below to compare losses from any high point for AZO and PZG.
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Drawdown Indicators
| AZO | PZG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.32% | -93.81% | +47.49% |
Max Drawdown (1Y)Largest decline over 1 year | -32.59% | -56.18% | +23.59% |
Max Drawdown (3Y)Largest decline over 3 years | -32.59% | -56.18% | +23.59% |
Max Drawdown (5Y)Largest decline over 5 years | -32.59% | -74.05% | +41.46% |
Max Drawdown (10Y)Largest decline over 10 years | -42.14% | -90.14% | +48.00% |
Current DrawdownCurrent decline from peak | -29.41% | -73.53% | +44.12% |
Average DrawdownAverage peak-to-trough decline | -10.88% | -68.57% | +57.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.08% | 22.43% | -7.35% |
Volatility
AZO vs. PZG - Volatility Comparison
The current volatility for AutoZone, Inc. (AZO) is 11.38%, while Paramount Gold Nevada Corp. (PZG) has a volatility of 19.29%. This indicates that AZO experiences smaller price fluctuations and is considered to be less risky than PZG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AZO | PZG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.38% | 19.29% | -7.91% |
Volatility (6M)Calculated over the trailing 6-month period | 22.93% | 58.36% | -35.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.20% | 72.88% | -45.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.45% | 62.90% | -38.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.48% | 60.72% | -34.24% |
Dividends
AZO vs. PZG - Dividend Comparison
Neither AZO nor PZG has paid dividends to shareholders.
Financials
AZO vs. PZG - Financials Comparison
This section allows you to compare key financial metrics between AutoZone, Inc. and Paramount Gold Nevada Corp.. 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
AZO and PZG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PZG has higher volatility (19.29%) compared to AZO (11.38%). In terms of maximum drawdown, AZO dropped -46.32% vs PZG's -93.81%.
PZG currently has the higher Sharpe Ratio (1.44 vs -0.64), 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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