DFY.TO vs. AXON
DFY.TO (Definity Financial Corp) and AXON (Axon Enterprise, Inc.) are both stocks. DFY.TO operates in Insurance - Property & Casualty (Financial Services), while AXON operates in Aerospace & Defense (Industrials). Over the past 3 years, DFY.TO returned 26.58%/yr vs 36.14%/yr for AXON. At a 0.18 correlation, their price movements are largely independent.
Performance
DFY.TO vs. AXON - Performance Comparison
Loading charts...
Different Trading Currencies
DFY.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, DFY.TO achieves a -7.17% return, which is significantly higher than AXON's -15.54% return.
DFY.TO
- 1D
- 2.57%
- 1M
- 2.45%
- YTD
- -7.17%
- 6M
- -0.04%
- 1Y
- -4.42%
- 3Y*
- 26.58%
- 5Y*
- —
- 10Y*
- —
AXON
- 1D
- -2.83%
- 1M
- 19.16%
- YTD
- -15.54%
- 6M
- -14.16%
- 1Y
- -39.30%
- 3Y*
- 36.14%
- 5Y*
- 29.65%
- 10Y*
- 36.63%
DFY.TO vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DFY.TO Definity Financial Corp | -7.17% | 31.30% | 57.75% | -0.94% | 32.39% | 5.46% |
AXON Axon Enterprise, Inc. | -15.54% | -8.80% | 149.54% | 51.98% | 12.39% | -7.90% |
Correlation
The correlation between DFY.TO and AXON is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021 | 0.18 |
The correlation between DFY.TO and AXON shifts across timeframes, from 0.04 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
DFY.TO:
CA$8.56B
AXON:
$38.85B
DFY.TO:
CA$3.24
AXON:
$2.41
DFY.TO:
21.68
AXON:
195.83
DFY.TO:
1.33
AXON:
0.06
DFY.TO:
1.50
AXON:
13.54
DFY.TO:
2.10
AXON:
10.99
DFY.TO:
CA$5.62B
AXON:
$2.98B
DFY.TO:
CA$2.65B
AXON:
$1.77B
DFY.TO:
CA$733.60M
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
DFY.TO vs. AXON — Risk / Return Rank
DFY.TO
AXON
DFY.TO vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Definity Financial Corp (DFY.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.
| DFY.TO | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.89 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | -0.66 | +0.45 |
| Martin ratioReturn relative to average drawdown | -0.38 | -1.14 | +0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DFY.TO | AXON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.20 | -0.71 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.06 | 0.47 | +0.59 |
Drawdowns
DFY.TO vs. AXON - Drawdown Comparison
The maximum DFY.TO drawdown since its inception was -20.98%, smaller than the maximum AXON drawdown of -91.44%. Use the drawdown chart below to compare losses from any high point for DFY.TO and AXON.
Loading charts...
Drawdown Indicators
| DFY.TO | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.98% | -91.44% | +70.46% |
Max Drawdown (1Y)Largest decline over 1 year | -20.98% | -60.04% | +39.06% |
Max Drawdown (3Y)Largest decline over 3 years | -20.98% | -60.04% | +39.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.04% | — |
Current DrawdownCurrent decline from peak | -10.74% | -45.11% | +34.37% |
Average DrawdownAverage peak-to-trough decline | -6.38% | -45.14% | +38.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.76% | 34.59% | -22.83% |
Volatility
DFY.TO vs. AXON - Volatility Comparison
The current volatility for Definity Financial Corp (DFY.TO) is 8.76%, while Axon Enterprise, Inc. (AXON) has a volatility of 19.16%. This indicates that DFY.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.
Loading charts...
Volatility by Period
| DFY.TO | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.76% | 19.16% | -10.40% |
Volatility (6M)Calculated over the trailing 6-month period | 17.93% | 44.45% | -26.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.40% | 55.96% | -33.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.51% | 48.29% | -24.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.51% | 49.68% | -26.17% |
Dividends
DFY.TO vs. AXON - Dividend Comparison
DFY.TO's dividend yield for the trailing twelve months is around 1.11%, while AXON has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFY.TO Definity Financial Corp | 1.11% | 0.99% | 1.09% | 1.47% | 1.43% |
Financials
DFY.TO vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Definity Financial Corp 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
DFY.TO vs. AXON - Profitability Comparison
DFY.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a gross profit of 1.92B and revenue of 1.92B. Therefore, the gross margin over that period was 100.0%.
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
DFY.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported an operating income of 92.20M and revenue of 1.92B, resulting in an operating margin of 4.8%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
DFY.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a net income of 63.90M and revenue of 1.92B, 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 Jun 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
DFY.TO and AXON have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for DFY.TO 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