INBX vs. AXTI

Last updated Jun 3, 2026

INBX (Inhibrx, Inc.) and AXTI (AXT, Inc.) are both stocks. INBX operates in Biotechnology (Healthcare), while AXTI operates in Semiconductor Equipment & Materials (Technology). Over the past year, INBX returned 622.45% vs 6960.51% for AXTI. At a 0.18 correlation, their price movements are largely independent.

Performance

INBX vs. AXTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inhibrx, Inc. (INBX) and AXT, Inc. (AXTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INBX achieves a 18.52% return, which is significantly lower than AXTI's 577.98% return.

INBX

• 1D: -5.70%
• 1M: -27.30%
• YTD: 18.52%
• 6M: 13.84%
• 1Y: 622.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AXTI

• 1D: 1.19%
• 1M: 15.47%
• YTD: 577.98%
• 6M: 842.60%
• 1Y: 6,960.51%
• 3Y*: 216.99%
• 5Y*: 61.40%
• 10Y*: 41.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

INBX vs. AXTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
INBX Inhibrx, Inc.	18.52%	412.99%	10.63%
AXTI AXT, Inc.	577.98%	653.46%	-41.51%

Correlation

The correlation between INBX and AXTI 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 May 30, 2024	0.18

Fundamentals

Market Cap INBX : $1.46B AXTI : $5.91B
EPS INBX : -$8.40 AXTI : -$0.30
PS Ratio INBX : 1.12K AXTI : 53.59
Total Revenue (TTM) INBX : $1.30M AXTI : $95.89M
Gross Profit (TTM) INBX : -$508.00K AXTI : $20.46M
EBITDA (TTM) INBX : -$117.63M AXTI : -$7.63M

Return for Risk

INBX vs. AXTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INBX

INBX Risk / Return Rank: 98
INBX Sharpe Ratio Rank: 98
INBX Sortino Ratio Rank: 98
INBX Omega Ratio Rank: 97
INBX Calmar Ratio Rank: 99
INBX Martin Ratio Rank: 99

AXTI

AXTI Risk / Return Rank: 99
AXTI Sharpe Ratio Rank: 100
AXTI Sortino Ratio Rank: 99
AXTI Omega Ratio Rank: 98
AXTI Calmar Ratio Rank: 100
AXTI Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INBX vs. AXTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inhibrx, Inc. (INBX) and AXT, Inc. (AXTI). 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.

	INBX	AXTI	Difference
Sharpe ratio Return per unit of total volatility	4.85	52.27	-47.42
Sortino ratio Return per unit of downside risk	5.50	7.16	-1.66
Omega ratio Gain probability vs. loss probability	1.71	1.89	-0.19
Calmar ratio Return relative to maximum drawdown	15.85	187.36	-171.52
Martin ratio Return relative to average drawdown	41.38	579.77	-538.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INBX vs. AXTI - Sharpe Ratio Comparison

The current INBX Sharpe Ratio is 4.85, which is lower than the AXTI Sharpe Ratio of 52.27. The chart below compares the historical Sharpe Ratios of INBX and AXTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	INBX	AXTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.85	52.27	-47.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.59	0.11	+1.48

Drawdowns

INBX vs. AXTI - Drawdown Comparison

The maximum INBX drawdown since its inception was -39.84%, smaller than the maximum AXTI drawdown of -98.57%. Use the drawdown chart below to compare losses from any high point for INBX and AXTI.

Drawdown Indicators

	INBX	AXTI	Difference
Max Drawdown Largest peak-to-trough decline	-39.84%	-98.57%	+58.73%
Max Drawdown (1Y) Largest decline over 1 year	-37.56%	-38.65%	+1.09%
Max Drawdown (3Y) Largest decline over 3 years	—	-78.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-92.45%	—
Current Drawdown Current decline from peak	-33.99%	-21.29%	-12.70%
Average Drawdown Average peak-to-trough decline	-16.81%	-82.34%	+65.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.38%	12.49%	+1.89%

Volatility

INBX vs. AXTI - Volatility Comparison

The current volatility for Inhibrx, Inc. (INBX) is 30.34%, while AXT, Inc. (AXTI) has a volatility of 38.33%. This indicates that INBX experiences smaller price fluctuations and is considered to be less risky than AXTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INBX	AXTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.34%	38.33%	-7.99%
Volatility (6M) Calculated over the trailing 6-month period	62.15%	111.90%	-49.75%
Volatility (1Y) Calculated over the trailing 1-year period	129.65%	135.49%	-5.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.92%	95.88%	+5.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.92%	82.31%	+18.61%

Dividends

INBX vs. AXTI - Dividend Comparison

Neither INBX nor AXTI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both INBX and AXTI in my portfolio?

INBX and AXTI 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.

Which is riskier, INBX or AXTI?

AXTI has higher volatility (38.33%) compared to INBX (30.34%). In terms of maximum drawdown, INBX dropped -39.84% vs AXTI's -98.57%.

Which has better risk-adjusted returns?

AXTI currently has the higher Sharpe Ratio (52.27 vs 4.85), 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.