CAT vs. AXSM
CAT (Caterpillar Inc.) and AXSM (Axsome Therapeutics, Inc.) are both stocks. CAT operates in Farm & Heavy Construction Machinery (Industrials), while AXSM operates in Biotechnology (Healthcare). Over the past 10 years, CAT returned 28.72%/yr vs 39.83%/yr for AXSM. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
CAT vs. AXSM - Performance Comparison
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Returns By Period
In the year-to-date period, CAT achieves a 43.10% return, which is significantly higher than AXSM's 19.36% return. Over the past 10 years, CAT has underperformed AXSM with an annualized return of 28.72%, while AXSM has yielded a comparatively higher 39.83% annualized return.
CAT
- 1D
- 0.70%
- 1M
- -17.66%
- 6M
- 24.42%
- YTD
- 43.10%
- 1Y
- 87.70%
- 3Y*
- 43.33%
- 5Y*
- 33.84%
- 10Y*
- 28.72%
- ALL TIME*
- 10.47%
AXSM
- 1D
- -7.10%
- 1M
- -9.42%
- 6M
- 18.31%
- YTD
- 19.36%
- 1Y
- 115.02%
- 3Y*
- 41.26%
- 5Y*
- 35.01%
- 10Y*
- 39.83%
- ALL TIME*
- 34.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $153.10M | $171.36M | $209.26M | |
| $2.66B | $2.67B | $2.93B |
CAT vs. AXSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAT Caterpillar Inc. | 43.10% | 60.30% | 24.66% | 25.95% | 18.60% | 15.95% | 26.97% | 19.51% | -17.56% | 75.03% |
AXSM Axsome Therapeutics, Inc. | 19.36% | 115.86% | 6.31% | 3.19% | 104.16% | -53.63% | -21.18% | 3,565.25% | -49.64% | -17.04% |
Correlation
The correlation between CAT and AXSM is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2015 | 0.16 |
Fundamentals
CAT:
$375.33B
AXSM:
$11.22B
CAT:
$20.10
AXSM:
-$3.72
CAT:
5.40
AXSM:
15.58
CAT:
20.34
AXSM:
204.46
CAT:
$70.76B
AXSM:
$708.24M
CAT:
$23.01B
AXSM:
$655.82M
CAT:
$15.31B
AXSM:
-$172.72M
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Return for Risk
CAT vs. AXSM — Risk / Return Rank
CAT
AXSM
CAT vs. AXSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Caterpillar Inc. (CAT) and Axsome Therapeutics, Inc. (AXSM). 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.
| CAT | AXSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.47 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 6.25 | -2.91 |
| Martin ratioReturn relative to average drawdown | 13.81 | 18.02 | -4.21 |
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Drawdowns
CAT vs. AXSM - Drawdown Comparison
The maximum CAT drawdown since its inception was -73.43%, smaller than the maximum AXSM drawdown of -86.65%. Use the drawdown chart below to compare losses from any high point for CAT and AXSM.
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Drawdown Indicators
| CAT | AXSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.43% | -86.65% | +13.22% |
Max Drawdown (1Y)Largest decline over 1 year | -26.36% | -18.50% | -7.86% |
Max Drawdown (3Y)Largest decline over 3 years | -34.05% | -32.69% | -1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -34.05% | -61.08% | +27.03% |
Max Drawdown (10Y)Largest decline over 10 years | -43.36% | -81.26% | +37.90% |
Current DrawdownCurrent decline from peak | -23.34% | -14.57% | -8.77% |
Average DrawdownAverage peak-to-trough decline | -19.71% | -39.06% | +19.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.41% | 6.41% | 0.00% |
Volatility
CAT vs. AXSM - Volatility Comparison
The current volatility for Caterpillar Inc. (CAT) is 11.37%, while Axsome Therapeutics, Inc. (AXSM) has a volatility of 14.94%. This indicates that CAT experiences smaller price fluctuations and is considered to be less risky than AXSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAT | AXSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.37% | 14.94% | -3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 31.53% | 28.72% | +2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.11% | 42.96% | -3.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.62% | 70.11% | -38.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.31% | 90.38% | -59.07% |
Dividends
CAT vs. AXSM - Dividend Comparison
CAT's dividend yield for the trailing twelve months is around 0.76%, while AXSM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXSM Axsome Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CAT Caterpillar Inc. | 0.76% | 1.02% | 1.49% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% |
Financials
CAT vs. AXSM - Financials Comparison
This section allows you to compare key financial metrics between Caterpillar Inc. and Axsome Therapeutics, 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
CAT vs. AXSM - Profitability Comparison
CAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Caterpillar Inc. reported a gross profit of 6.11B and revenue of 17.42B. Therefore, the gross margin over that period was 35.1%.
AXSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Axsome Therapeutics, Inc. reported a gross profit of 176.48M and revenue of 191.20M. Therefore, the gross margin over that period was 92.3%.
CAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Caterpillar Inc. reported an operating income of 3.09B and revenue of 17.42B, resulting in an operating margin of 17.7%.
AXSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Axsome Therapeutics, Inc. reported an operating income of -63.36M and revenue of 191.20M, resulting in an operating margin of -33.1%.
CAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Caterpillar Inc. reported a net income of 2.55B and revenue of 17.42B, resulting in a net margin of 14.6%.
AXSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Axsome Therapeutics, Inc. reported a net income of -64.54M and revenue of 191.20M, resulting in a net margin of -33.8%.
Frequently Asked Questions
CAT and AXSM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXSM has higher volatility (14.94%) compared to CAT (11.37%). In terms of maximum drawdown, CAT dropped -73.43% vs AXSM's -86.65%.
AXSM currently has the higher Sharpe Ratio (2.69 vs 2.25), 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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