LOWV vs. AXON
LOWV (AB US Low Volatility Equity ETF) is Large Cap Blend Equities fund actively managed by AllianceBernstein, while AXON (Axon Enterprise, Inc.) is a stock. Over the past 3 years, LOWV returned 14.69%/yr vs 30.96%/yr for AXON. At a 0.42 correlation, their price movements are largely independent.
Performance
LOWV vs. AXON - Performance Comparison
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Returns By Period
In the year-to-date period, LOWV achieves a 1.76% return, which is significantly higher than AXON's -22.22% return.
LOWV
- 1D
- 0.13%
- 1M
- -0.66%
- YTD
- 1.76%
- 6M
- 2.40%
- 1Y
- 8.32%
- 3Y*
- 14.69%
- 5Y*
- —
- 10Y*
- —
AXON
- 1D
- -1.00%
- 1M
- 17.23%
- YTD
- -22.22%
- 6M
- -21.72%
- 1Y
- -43.02%
- 3Y*
- 30.96%
- 5Y*
- 22.92%
- 10Y*
- 34.58%
LOWV vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LOWV AB US Low Volatility Equity ETF | 1.76% | 12.26% | 20.43% | 18.90% |
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 17.59% |
Correlation
The correlation between LOWV and AXON is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023 | 0.42 |
The correlation between LOWV and AXON shifts across timeframes, from 0.34 (1 year) to 0.44 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
LOWV vs. AXON — Risk / Return Rank
LOWV
AXON
LOWV vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US Low Volatility Equity ETF (LOWV) 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.
| LOWV | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.57 | ||
| Sortino ratioReturn per unit of downside risk | +2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.87 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | -0.72 | +1.59 |
| Martin ratioReturn relative to average drawdown | 3.54 | -1.22 | +4.76 |
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Drawdowns
LOWV vs. AXON - Drawdown Comparison
The maximum LOWV drawdown since its inception was -13.87%, smaller than the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for LOWV and AXON.
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Drawdown Indicators
| LOWV | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.87% | -91.78% | +77.91% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -60.28% | +50.69% |
Max Drawdown (3Y)Largest decline over 3 years | -13.87% | -60.28% | +46.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.28% | — |
Current DrawdownCurrent decline from peak | -1.88% | -49.28% | +47.40% |
Average DrawdownAverage peak-to-trough decline | -1.51% | -43.60% | +42.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 35.34% | -32.98% |
Volatility
LOWV vs. AXON - Volatility Comparison
The current volatility for AB US Low Volatility Equity ETF (LOWV) is 2.84%, while Axon Enterprise, Inc. (AXON) has a volatility of 17.73%. This indicates that LOWV 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
| LOWV | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.84% | 17.73% | -14.89% |
Volatility (6M)Calculated over the trailing 6-month period | 8.07% | 44.20% | -36.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.59% | 55.66% | -45.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.97% | 47.94% | -35.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.97% | 49.18% | -37.21% |
Dividends
LOWV vs. AXON - Dividend Comparison
LOWV's dividend yield for the trailing twelve months is around 0.92%, while AXON has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
LOWV AB US Low Volatility Equity ETF | 0.92% | 0.85% | 0.92% | 0.77% |
Frequently Asked Questions
LOWV and AXON have a correlation of 0.34, 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 LOWV (2.84%). In terms of maximum drawdown, LOWV dropped -13.87% vs AXON's -91.78%.
LOWV currently has the higher Sharpe Ratio (0.79 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.
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