HDV vs. AXON
HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index, while AXON (Axon Enterprise, Inc.) is a stock. Over the past 10 years, HDV returned 9.47%/yr vs 34.58%/yr for AXON. At a 0.24 correlation, their price movements are largely independent.
Performance
HDV vs. AXON - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HDV achieves a 15.30% return, which is significantly higher than AXON's -22.22% return. Over the past 10 years, HDV has underperformed AXON with an annualized return of 9.47%, while AXON has yielded a comparatively higher 34.58% annualized return.
HDV
- 1D
- 0.87%
- 1M
- 2.09%
- YTD
- 15.30%
- 6M
- 15.20%
- 1Y
- 21.86%
- 3Y*
- 15.16%
- 5Y*
- 10.91%
- 10Y*
- 9.47%
AXON
- 1D
- -1.00%
- 1M
- 12.72%
- YTD
- -22.22%
- 6M
- -21.72%
- 1Y
- -43.41%
- 3Y*
- 30.96%
- 5Y*
- 22.92%
- 10Y*
- 34.58%
HDV vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 15.30% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | -6.48% | 20.22% | -3.01% | 13.40% |
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
Correlation
The correlation between HDV and AXON is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2011 | 0.24 |
The correlation between HDV and AXON shifts across timeframes, from -0.16 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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
HDV vs. AXON — Risk / Return Rank
HDV
AXON
HDV vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core High Dividend ETF (HDV) 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.
| HDV | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.00 | ||
| Sortino ratioReturn per unit of downside risk | +4.33 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.87 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | -0.72 | +4.90 |
| Martin ratioReturn relative to average drawdown | 11.59 | -1.22 | +12.81 |
Loading charts...
Drawdowns
HDV vs. AXON - Drawdown Comparison
The maximum HDV drawdown since its inception was -37.04%, smaller than the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for HDV and AXON.
Loading charts...
Drawdown Indicators
| HDV | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.04% | -91.78% | +54.74% |
Max Drawdown (1Y)Largest decline over 1 year | -5.18% | -60.28% | +55.10% |
Max Drawdown (3Y)Largest decline over 3 years | -10.49% | -60.28% | +49.79% |
Max Drawdown (5Y)Largest decline over 5 years | -15.42% | -60.28% | +44.86% |
Max Drawdown (10Y)Largest decline over 10 years | -37.04% | -60.28% | +23.24% |
Current DrawdownCurrent decline from peak | -0.29% | -49.28% | +48.99% |
Average DrawdownAverage peak-to-trough decline | -3.08% | -43.60% | +40.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 35.34% | -33.47% |
Volatility
HDV vs. AXON - Volatility Comparison
The current volatility for iShares Core High Dividend ETF (HDV) is 3.10%, while Axon Enterprise, Inc. (AXON) has a volatility of 17.73%. This indicates that HDV 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
| HDV | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 17.73% | -14.63% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 44.20% | -36.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.73% | 55.66% | -45.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.83% | 47.94% | -35.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.73% | 49.18% | -33.45% |
Dividends
HDV vs. AXON - Dividend Comparison
HDV's dividend yield for the trailing twelve months is around 2.84%, 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% |
HDV iShares Core High Dividend ETF | 2.84% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
Frequently Asked Questions
HDV and AXON have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (17.73%) compared to HDV (3.10%). In terms of maximum drawdown, HDV dropped -37.04% vs AXON's -91.78%.
HDV currently has the higher Sharpe Ratio (2.23 vs -0.78), 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 HDV 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