ETG.DE vs. AXON
ETG.DE (EnviTec Biogas AG) and AXON (Axon Enterprise, Inc.) are both stocks. ETG.DE operates in Utilities - Renewable (Utilities), while AXON operates in Aerospace & Defense (Industrials). Over the past 10 years, ETG.DE returned 16.22%/yr vs 35.44%/yr for AXON. At a 0.05 correlation, their price movements are largely independent.
Performance
ETG.DE vs. AXON - Performance Comparison
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Different Trading Currencies
ETG.DE is traded in EUR, while AXON is traded in USD. To make them comparable, the AXON values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ETG.DE achieves a 17.44% return, which is significantly higher than AXON's -12.73% return. Over the past 10 years, ETG.DE has underperformed AXON with an annualized return of 16.22%, while AXON has yielded a comparatively higher 35.44% annualized return.
ETG.DE
- 1D
- 2.02%
- 1M
- -18.22%
- YTD
- 17.44%
- 6M
- 11.29%
- 1Y
- -23.09%
- 3Y*
- -21.41%
- 5Y*
- -0.88%
- 10Y*
- 16.22%
AXON
- 1D
- -4.52%
- 1M
- 28.47%
- YTD
- -12.73%
- 6M
- -10.84%
- 1Y
- -38.75%
- 3Y*
- 32.30%
- 5Y*
- 29.46%
- 10Y*
- 35.44%
ETG.DE vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETG.DE EnviTec Biogas AG | 17.44% | -39.27% | -18.05% | -28.36% | 41.66% | 91.36% | 90.02% | 72.59% | 18.30% | 4.16% |
AXON Axon Enterprise, Inc. | -12.73% | -15.78% | 145.25% | 51.02% | 12.24% | 37.72% | 53.43% | 71.28% | 72.84% | -4.11% |
Correlation
The correlation between ETG.DE and AXON is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 2007 | 0.05 |
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Return for Risk
ETG.DE vs. AXON — Risk / Return Rank
ETG.DE
AXON
ETG.DE vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EnviTec Biogas AG (ETG.DE) 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.
| ETG.DE | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.89 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | -0.64 | +0.07 |
| Martin ratioReturn relative to average drawdown | -0.85 | -1.11 | +0.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ETG.DE | AXON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.33 | -0.70 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.61 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.72 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.42 | -0.43 |
Drawdowns
ETG.DE vs. AXON - Drawdown Comparison
The maximum ETG.DE drawdown since its inception was -87.64%, roughly equal to the maximum AXON drawdown of -83.98%. Use the drawdown chart below to compare losses from any high point for ETG.DE and AXON.
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Drawdown Indicators
| ETG.DE | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.64% | -83.98% | -3.66% |
Max Drawdown (1Y)Largest decline over 1 year | -36.99% | -60.63% | +23.64% |
Max Drawdown (3Y)Largest decline over 3 years | -62.53% | -60.63% | -1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -67.98% | -60.63% | -7.35% |
Max Drawdown (10Y)Largest decline over 10 years | -67.98% | -60.63% | -7.35% |
Current DrawdownCurrent decline from peak | -60.92% | -43.69% | -17.23% |
Average DrawdownAverage peak-to-trough decline | -63.04% | -34.07% | -28.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.66% | 34.90% | -10.24% |
Volatility
ETG.DE vs. AXON - Volatility Comparison
EnviTec Biogas AG (ETG.DE) has a higher volatility of 28.64% compared to Axon Enterprise, Inc. (AXON) at 20.67%. This indicates that ETG.DE's price experiences larger fluctuations and is considered to be riskier 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
| ETG.DE | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.64% | 20.67% | +7.97% |
Volatility (6M)Calculated over the trailing 6-month period | 51.27% | 43.71% | +7.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.70% | 55.63% | +7.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.80% | 48.10% | +1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.00% | 49.52% | -5.52% |
Dividends
ETG.DE vs. AXON - Dividend Comparison
ETG.DE's dividend yield for the trailing twelve months is around 2.48%, while AXON has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXON Axon Enterprise, 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% |
ETG.DE EnviTec Biogas AG | 2.48% | 2.91% | 10.38% | 5.19% | 1.79% | 2.46% | 4.55% | 8.20% | 12.99% | 8.25% | 10.68% | 5.47% |
Financials
ETG.DE vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between EnviTec Biogas AG 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
Frequently Asked Questions
ETG.DE and AXON have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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