HUBB vs. AXON
HUBB (Hubbell Incorporated) and AXON (Axon Enterprise, Inc.) are both stocks. Both are in the Industrials sector — HUBB in Electrical Equipment & Parts, AXON in Aerospace & Defense. Over the past 10 years, HUBB returned 18.66%/yr vs 33.73%/yr for AXON. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
HUBB vs. AXON - Performance Comparison
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Returns By Period
In the year-to-date period, HUBB achieves a 7.01% return, which is significantly higher than AXON's -7.07% return. Over the past 10 years, HUBB has underperformed AXON with an annualized return of 18.66%, while AXON has yielded a comparatively higher 33.73% annualized return.
HUBB
- 1D
- -0.24%
- 1M
- -2.99%
- 6M
- -2.60%
- YTD
- 7.01%
- 1Y
- 12.07%
- 3Y*
- 15.88%
- 5Y*
- 20.58%
- 10Y*
- 18.66%
- ALL TIME*
- 18.17%
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 | |
| $358.16M | $289.20M | $321.66M |
HUBB vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HUBB Hubbell Incorporated | 7.01% | 7.43% | 28.94% | 42.40% | 15.08% | 35.60% | 8.89% | 52.88% | -24.61% | 18.83% |
AXON Axon Enterprise, Inc. | -7.07% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
Correlation
The correlation between HUBB and AXON is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Dec 24, 2015 | 0.32 |
The correlation between HUBB and AXON shifts across timeframes, from 0.14 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HUBB:
$24.97B
AXON:
$42.54B
HUBB:
$22.49
AXON:
$2.37
HUBB:
21.02
AXON:
222.54
HUBB:
0.88
AXON:
0.06
HUBB:
3.05
AXON:
15.38
HUBB:
$6.22B
AXON:
$2.98B
HUBB:
$2.19B
AXON:
$1.77B
HUBB:
$1.41B
AXON:
$156.24M
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Return for Risk
HUBB vs. AXON — Risk / Return Rank
HUBB
AXON
HUBB vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hubbell Incorporated (HUBB) 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.
| HUBB | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.94 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | -0.50 | +1.04 |
| Martin ratioReturn relative to average drawdown | 1.20 | -0.79 | +1.99 |
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Drawdowns
HUBB vs. AXON - Drawdown Comparison
The maximum HUBB drawdown since its inception was -41.63%, smaller than the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for HUBB and AXON.
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Drawdown Indicators
| HUBB | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.63% | -91.78% | +50.15% |
Max Drawdown (1Y)Largest decline over 1 year | -17.36% | -60.28% | +42.92% |
Max Drawdown (3Y)Largest decline over 3 years | -32.65% | -60.28% | +27.63% |
Max Drawdown (5Y)Largest decline over 5 years | -32.65% | -60.28% | +27.63% |
Max Drawdown (10Y)Largest decline over 10 years | -41.63% | -60.28% | +18.65% |
Current DrawdownCurrent decline from peak | -15.04% | -39.41% | +24.37% |
Average DrawdownAverage peak-to-trough decline | -7.47% | -43.59% | +36.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.78% | 38.23% | -30.45% |
Volatility
HUBB vs. AXON - Volatility Comparison
The current volatility for Hubbell Incorporated (HUBB) is 9.33%, while Axon Enterprise, Inc. (AXON) has a volatility of 15.08%. This indicates that HUBB 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.
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Volatility by Period
| HUBB | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.33% | 15.08% | -5.75% |
Volatility (6M)Calculated over the trailing 6-month period | 24.99% | 46.71% | -21.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.19% | 58.78% | -27.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.73% | 48.93% | -19.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 49.63% | -20.56% |
Dividends
HUBB vs. AXON - Dividend Comparison
HUBB's dividend yield for the trailing twelve months is around 1.18%, while AXON has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HUBB Hubbell Incorporated | 1.18% | 1.21% | 1.19% | 1.39% | 1.82% | 1.92% | 2.37% | 2.32% | 3.17% | 2.12% | 2.22% |
Financials
HUBB vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Hubbell Incorporated 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
HUBB vs. AXON - Profitability Comparison
HUBB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Hubbell Incorporated reported a gross profit of 613.00M and revenue of 1.71B. Therefore, the gross margin over that period was 35.8%.
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%.
HUBB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Hubbell Incorporated reported an operating income of 348.60M and revenue of 1.71B, resulting in an operating margin of 20.4%.
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%.
HUBB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Hubbell Incorporated reported a net income of 240.40M and revenue of 1.71B, resulting in a net margin of 14.0%.
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
HUBB and AXON have a correlation of 0.14, 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 HUBB (9.33%). In terms of maximum drawdown, HUBB dropped -41.63% vs AXON's -91.78%.
HUBB currently has the higher Sharpe Ratio (0.30 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.
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