BBD-B.TO vs. AXON
BBD-B.TO (Bombardier Inc) and AXON (Axon Enterprise, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, BBD-B.TO returned 22.16%/yr vs 34.01%/yr for AXON. At a 0.21 correlation, their price movements are largely independent.
Performance
BBD-B.TO vs. AXON - Performance Comparison
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Different Trading Currencies
BBD-B.TO is traded in CAD, while AXON is traded in USD. To make them comparable, the AXON values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBD-B.TO achieves a 56.85% return, which is significantly higher than AXON's -8.98% return. Over the past 10 years, BBD-B.TO has underperformed AXON with an annualized return of 22.16%, while AXON has yielded a comparatively higher 34.01% annualized return.
BBD-B.TO
- 1D
- 1.17%
- 1M
- 15.83%
- 6M
- 37.84%
- YTD
- 56.85%
- 1Y
- 128.22%
- 3Y*
- 81.85%
- 5Y*
- 58.17%
- 10Y*
- 22.16%
- ALL TIME*
- 7.71%
AXON
- 1D
- 2.17%
- 1M
- 9.08%
- 6M
- -16.24%
- YTD
- -8.98%
- 1Y
- -26.62%
- 3Y*
- 43.98%
- 5Y*
- 25.22%
- 10Y*
- 34.01%
- ALL TIME*
- 27.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$500.84M | CA$788.63M | CA$728.87M | |
BBD-B.TO Bombardier Inc | CA$97.38M | CA$99.84M | CA$107.00M |
BBD-B.TO vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBD-B.TO Bombardier Inc | 56.85% | 138.87% | 83.71% | 1.80% | 24.45% | 250.00% | -75.13% | -4.93% | -33.00% | 40.28% |
AXON Axon Enterprise, Inc. | -8.98% | -8.80% | 149.54% | 51.98% | 12.39% | 28.07% | 63.24% | 60.59% | 78.98% | 1.92% |
Correlation
The correlation between BBD-B.TO and AXON 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 | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2006 | 0.21 |
Fundamentals
BBD-B.TO:
CA$36.13B
AXON:
$40.49B
BBD-B.TO:
$9.31
AXON:
$2.37
BBD-B.TO:
27.95
AXON:
211.82
BBD-B.TO:
0.71
AXON:
0.06
BBD-B.TO:
2.72
AXON:
14.64
BBD-B.TO:
$9.60B
AXON:
$2.98B
BBD-B.TO:
$1.88B
AXON:
$1.77B
BBD-B.TO:
$1.70B
AXON:
$156.24M
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Return for Risk
BBD-B.TO vs. AXON — Risk / Return Rank
BBD-B.TO
AXON
BBD-B.TO vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bombardier Inc (BBD-B.TO) and Axon Enterprise, Inc. (AXON). 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.
| BBD-B.TO | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.80 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.96 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 7.30 | -0.44 | +7.74 |
| Martin ratioReturn relative to average drawdown | 19.69 | -0.71 | +20.40 |
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Drawdowns
BBD-B.TO vs. AXON - Drawdown Comparison
The maximum BBD-B.TO drawdown since its inception was -96.85%, which is greater than AXON's maximum drawdown of -91.44%. Use the drawdown chart below to compare losses from any high point for BBD-B.TO and AXON.
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Drawdown Indicators
| BBD-B.TO | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.85% | -91.44% | -5.41% |
Max Drawdown (1Y)Largest decline over 1 year | -17.67% | -60.04% | +42.37% |
Max Drawdown (3Y)Largest decline over 3 years | -39.54% | -60.04% | +20.50% |
Max Drawdown (5Y)Largest decline over 5 years | -66.64% | -60.04% | -6.60% |
Max Drawdown (10Y)Largest decline over 10 years | -94.84% | -60.04% | -34.80% |
Current DrawdownCurrent decline from peak | 0.00% | -40.84% | +40.84% |
Average DrawdownAverage peak-to-trough decline | -57.02% | -45.11% | -11.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 37.43% | -30.89% |
Volatility
BBD-B.TO vs. AXON - Volatility Comparison
The current volatility for Bombardier Inc (BBD-B.TO) is 9.80%, while Axon Enterprise, Inc. (AXON) has a volatility of 20.59%. This indicates that BBD-B.TO experiences smaller price fluctuations and is considered to be less risky than AXON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBD-B.TO | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.80% | 20.59% | -10.79% |
Volatility (6M)Calculated over the trailing 6-month period | 38.07% | 48.10% | -10.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.21% | 58.67% | -11.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.99% | 49.16% | +4.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.25% | 50.06% | +10.19% |
Dividends
BBD-B.TO vs. AXON - Dividend Comparison
Neither BBD-B.TO nor AXON has paid dividends to shareholders.
Financials
BBD-B.TO vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Bombardier Inc and Axon Enterprise, 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
BBD-B.TO vs. AXON - Profitability Comparison
BBD-B.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Bombardier Inc reported a gross profit of 245.90M and revenue of 1.57B. Therefore, the gross margin over that period was 15.6%.
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%.
BBD-B.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Bombardier Inc reported an operating income of 175.08M and revenue of 1.57B, resulting in an operating margin of 11.1%.
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%.
BBD-B.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Bombardier Inc reported a net income of 52.13M and revenue of 1.57B, resulting in a net margin of 3.3%.
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%.
Frequently Asked Questions
BBD-B.TO and AXON 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.
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