AZZ vs. BELFB
AZZ (AZZ Inc.) and BELFB (Bel Fuse Inc.) are both stocks. AZZ operates in Electrical Equipment & Parts (Industrials), while BELFB operates in Electronic Components (Technology). Over the past 10 years, AZZ returned 11.24%/yr vs 34.44%/yr for BELFB. At a 0.35 correlation, their price movements are largely independent.
Performance
AZZ vs. BELFB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AZZ achieves a 40.52% return, which is significantly lower than BELFB's 74.94% return. Over the past 10 years, AZZ has underperformed BELFB with an annualized return of 11.24%, while BELFB has yielded a comparatively higher 34.44% annualized return.
AZZ
- 1D
- 7.05%
- 1M
- 1.38%
- YTD
- 40.52%
- 6M
- 37.23%
- 1Y
- 63.58%
- 3Y*
- 56.52%
- 5Y*
- 24.16%
- 10Y*
- 11.24%
BELFB
- 1D
- 7.08%
- 1M
- -0.56%
- YTD
- 74.94%
- 6M
- 69.22%
- 1Y
- 257.73%
- 3Y*
- 73.08%
- 5Y*
- 84.83%
- 10Y*
- 34.44%
AZZ vs. BELFB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AZZ AZZ Inc. | 40.52% | 31.89% | 42.35% | 46.82% | -26.09% | 18.10% | 5.34% | 15.65% | -19.88% | -19.00% |
BELFB Bel Fuse Inc. | 74.94% | 106.32% | 24.03% | 104.19% | 158.73% | -12.33% | -24.84% | 13.09% | -25.89% | -17.68% |
Correlation
The correlation between AZZ and BELFB is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 1998 | 0.35 |
The correlation between AZZ and BELFB shifts across timeframes, from 0.35 (all time) to 0.46 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
AZZ:
$4.53B
BELFB:
$627.20M
AZZ:
$10.51
BELFB:
$7.60
AZZ:
14.29
BELFB:
39.00
AZZ:
0.10
BELFB:
0.94
AZZ:
2.75
BELFB:
3.06
AZZ:
3.38
BELFB:
0.66
AZZ:
$1.65B
BELFB:
$701.71M
AZZ:
$394.96M
BELFB:
$275.20M
AZZ:
$564.26M
BELFB:
$135.78M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AZZ vs. BELFB — Risk / Return Rank
AZZ
BELFB
AZZ vs. BELFB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AZZ Inc. (AZZ) and Bel Fuse Inc. (BELFB). 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.
| AZZ | BELFB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.62 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 13.28 | -9.76 |
| Martin ratioReturn relative to average drawdown | 7.73 | 38.58 | -30.85 |
Loading charts...
Drawdowns
AZZ vs. BELFB - Drawdown Comparison
The maximum AZZ drawdown since its inception was -77.87%, roughly equal to the maximum BELFB drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for AZZ and BELFB.
Loading charts...
Drawdown Indicators
| AZZ | BELFB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.87% | -81.89% | +4.02% |
Max Drawdown (1Y)Largest decline over 1 year | -18.16% | -19.54% | +1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -23.66% | -36.49% | +12.83% |
Max Drawdown (5Y)Largest decline over 5 years | -46.23% | -36.49% | -9.74% |
Max Drawdown (10Y)Largest decline over 10 years | -68.02% | -79.79% | +11.77% |
Current DrawdownCurrent decline from peak | 0.00% | -2.04% | +2.04% |
Average DrawdownAverage peak-to-trough decline | -31.96% | -36.86% | +4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.26% | 6.71% | +1.55% |
Volatility
AZZ vs. BELFB - Volatility Comparison
The current volatility for AZZ Inc. (AZZ) is 12.23%, while Bel Fuse Inc. (BELFB) has a volatility of 18.33%. This indicates that AZZ experiences smaller price fluctuations and is considered to be less risky than BELFB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AZZ | BELFB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.23% | 18.33% | -6.10% |
Volatility (6M)Calculated over the trailing 6-month period | 23.90% | 36.17% | -12.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.85% | 49.03% | -18.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.77% | 51.67% | -17.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.71% | 58.40% | -22.69% |
Dividends
AZZ vs. BELFB - Dividend Comparison
AZZ's dividend yield for the trailing twelve months is around 0.53%, more than BELFB's 0.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZZ AZZ Inc. | 0.53% | 0.69% | 0.83% | 1.17% | 1.69% | 1.23% | 1.43% | 1.48% | 1.68% | 1.33% | 0.97% | 1.08% |
BELFB Bel Fuse Inc. | 0.09% | 0.17% | 0.34% | 0.42% | 0.85% | 2.17% | 1.86% | 1.37% | 1.52% | 1.11% | 0.91% | 1.62% |
Financials
AZZ vs. BELFB - Financials Comparison
This section allows you to compare key financial metrics between AZZ Inc. and Bel Fuse 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
AZZ vs. BELFB - Profitability Comparison
AZZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported a gross profit of 87.59M and revenue of 385.10M. Therefore, the gross margin over that period was 22.8%.
BELFB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bel Fuse Inc. reported a gross profit of 69.60M and revenue of 178.49M. Therefore, the gross margin over that period was 39.0%.
AZZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported an operating income of 57.13M and revenue of 385.10M, resulting in an operating margin of 14.8%.
BELFB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bel Fuse Inc. reported an operating income of 23.67M and revenue of 178.49M, resulting in an operating margin of 13.3%.
AZZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported a net income of 15.93M and revenue of 385.10M, resulting in a net margin of 4.1%.
BELFB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bel Fuse Inc. reported a net income of 11.38M and revenue of 178.49M, resulting in a net margin of 6.4%.
Frequently Asked Questions
AZZ and BELFB have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BELFB has higher volatility (18.33%) compared to AZZ (12.23%). In terms of maximum drawdown, AZZ dropped -77.87% vs BELFB's -81.89%.
BELFB currently has the higher Sharpe Ratio (5.31 vs 2.07), 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.
Find the right allocation for AZZ and BELFB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer