DAO vs. AXON
DAO (Youdao, Inc.) and AXON (Axon Enterprise, Inc.) are both stocks. DAO operates in Software - Application (Technology), while AXON operates in Aerospace & Defense (Industrials). Over the past 5 years, DAO returned 13.75%/yr vs 23.19%/yr for AXON. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
DAO vs. AXON - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DAO achieves a 66.67% return, which is significantly higher than AXON's -7.07% return.
DAO
- 1D
- 2.63%
- 1M
- 33.44%
- 6M
- 61.54%
- YTD
- 66.67%
- 1Y
- 93.10%
- 3Y*
- 50.79%
- 5Y*
- 13.75%
- 10Y*
- —
- ALL TIME*
- 3.01%
AXON
- 1D
- 0.47%
- 1M
- -11.60%
- 6M
- 9.14%
- YTD
- -7.07%
- 1Y
- -28.92%
- 3Y*
- 42.26%
- 5Y*
- 23.19%
- 10Y*
- 33.73%
- ALL TIME*
- 31.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $369.42M | $464.43M | $527.88M | |
DAO Youdao, Inc. | $705.63K | $824.33K | $1.03M |
DAO vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DAO Youdao, Inc. | 66.67% | 36.22% | 87.82% | -26.77% | -56.89% | -52.96% | 88.42% | 2.40% |
AXON Axon Enterprise, Inc. | -7.07% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 33.43% |
Correlation
The correlation between DAO and AXON is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2019 | 0.21 |
Fundamentals
DAO:
$1.98B
AXON:
$42.54B
DAO:
CN¥0.58
AXON:
$2.37
DAO:
197.10
AXON:
222.54
DAO:
6.57
AXON:
0.06
DAO:
2.29
AXON:
15.38
DAO:
CN¥5.96B
AXON:
$2.98B
DAO:
CN¥2.60B
AXON:
$1.77B
DAO:
CN¥134.92M
AXON:
$156.24M
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
DAO vs. AXON — Risk / Return Rank
DAO
AXON
DAO vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Youdao, Inc. (DAO) 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.
| DAO | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.76 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.94 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | -0.50 | +3.69 |
| Martin ratioReturn relative to average drawdown | 6.62 | -0.79 | +7.41 |
Loading charts...
Drawdowns
DAO vs. AXON - Drawdown Comparison
The maximum DAO drawdown since its inception was -93.46%, roughly equal to the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for DAO and AXON.
Loading charts...
Drawdown Indicators
| DAO | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.46% | -91.78% | -1.68% |
Max Drawdown (1Y)Largest decline over 1 year | -29.35% | -60.28% | +30.93% |
Max Drawdown (3Y)Largest decline over 3 years | -41.08% | -60.28% | +19.20% |
Max Drawdown (5Y)Largest decline over 5 years | -82.98% | -60.28% | -22.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.28% | — |
Current DrawdownCurrent decline from peak | -63.49% | -39.41% | -24.08% |
Average DrawdownAverage peak-to-trough decline | -69.48% | -43.59% | -25.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.12% | 38.23% | -24.11% |
Volatility
DAO vs. AXON - Volatility Comparison
Youdao, Inc. (DAO) and Axon Enterprise, Inc. (AXON) have volatilities of 14.40% and 15.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DAO | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.40% | 15.08% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 41.47% | 46.71% | -5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.66% | 58.78% | -2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.63% | 48.93% | +35.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.16% | 49.63% | +39.53% |
Dividends
DAO vs. AXON - Dividend Comparison
Neither DAO nor AXON has paid dividends to shareholders.
Financials
DAO vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Youdao, 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
DAO vs. AXON - Profitability Comparison
DAO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Youdao, Inc. reported a gross profit of 602.29M and revenue of 1.35B. Therefore, the gross margin over that period was 44.7%.
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
DAO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Youdao, Inc. reported an operating income of 57.50M and revenue of 1.35B, resulting in an operating margin of 4.3%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
DAO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Youdao, Inc. reported a net income of 38.58M and revenue of 1.35B, resulting in a net margin of 2.9%.
AXON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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
DAO and AXON have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (15.08%) compared to DAO (14.40%). In terms of maximum drawdown, DAO dropped -93.46% vs AXON's -91.78%.
DAO currently has the higher Sharpe Ratio (1.65 vs -0.51), 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 DAO and AXON
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