EUAD vs. AZO
EUAD (Select STOXX Europe Aerospace & Defense ETF) is Aerospace & Defense fund tracking the STOXX Europe Total Market Aerospace & Defense Index, while AZO (AutoZone, Inc.) is a stock. Over the past year, EUAD returned 2.75% vs -15.40% for AZO. At a 0.15 correlation, their price movements are largely independent.
Performance
EUAD vs. AZO - Performance Comparison
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Returns By Period
In the year-to-date period, EUAD achieves a -2.37% return, which is significantly higher than AZO's -8.11% return.
EUAD
- 1D
- -0.77%
- 1M
- 4.47%
- YTD
- -2.37%
- 6M
- -0.54%
- 1Y
- 2.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AZO
- 1D
- 1.13%
- 1M
- -7.44%
- YTD
- -8.11%
- 6M
- -9.56%
- 1Y
- -15.40%
- 3Y*
- 8.78%
- 5Y*
- 17.45%
- 10Y*
- 15.33%
EUAD vs. AZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EUAD Select STOXX Europe Aerospace & Defense ETF | -2.37% | 74.51% | -6.86% |
AZO AutoZone, Inc. | -8.11% | 5.92% | -0.51% |
Correlation
The correlation between EUAD and AZO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024 | 0.16 |
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Return for Risk
EUAD vs. AZO — Risk / Return Rank
EUAD
AZO
EUAD vs. AZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Select STOXX Europe Aerospace & Defense ETF (EUAD) and AutoZone, Inc. (AZO). 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.
| EUAD | AZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.92 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | -0.47 | +0.60 |
| Martin ratioReturn relative to average drawdown | 0.30 | -1.00 | +1.29 |
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Drawdowns
EUAD vs. AZO - Drawdown Comparison
The maximum EUAD drawdown since its inception was -22.04%, smaller than the maximum AZO drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for EUAD and AZO.
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Drawdown Indicators
| EUAD | AZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.04% | -46.32% | +24.28% |
Max Drawdown (1Y)Largest decline over 1 year | -22.04% | -32.59% | +10.55% |
Max Drawdown (3Y)Largest decline over 3 years | — | -32.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.14% | — |
Current DrawdownCurrent decline from peak | -14.81% | -28.44% | +13.63% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -10.88% | +5.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.34% | 15.50% | -6.16% |
Volatility
EUAD vs. AZO - Volatility Comparison
The current volatility for Select STOXX Europe Aerospace & Defense ETF (EUAD) is 9.65%, while AutoZone, Inc. (AZO) has a volatility of 11.64%. This indicates that EUAD experiences smaller price fluctuations and is considered to be less risky than AZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUAD | AZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.65% | 11.64% | -1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 24.40% | 21.75% | +2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.15% | 27.23% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.90% | 24.46% | +5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.90% | 26.48% | +3.42% |
Dividends
EUAD vs. AZO - Dividend Comparison
EUAD's dividend yield for the trailing twelve months is around 0.41%, while AZO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AZO AutoZone, Inc. | 0.00% | 0.00% | 0.00% |
EUAD Select STOXX Europe Aerospace & Defense ETF | 0.41% | 0.40% | 0.10% |
Frequently Asked Questions
EUAD and AZO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AZO has higher volatility (11.64%) compared to EUAD (9.65%). In terms of maximum drawdown, EUAD dropped -22.04% vs AZO's -46.32%.
EUAD currently has the higher Sharpe Ratio (0.09 vs -0.57), 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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