PTC vs. AXON
PTC (PTC Inc.) and AXON (Axon Enterprise, Inc.) are both stocks. PTC operates in Software - Application (Technology), while AXON operates in Aerospace & Defense (Industrials). Over the past 10 years, PTC returned 13.90%/yr vs 35.39%/yr for AXON. At a 0.33 correlation, their price movements are largely independent.
Performance
PTC vs. AXON - Performance Comparison
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Returns By Period
In the year-to-date period, PTC achieves a -21.89% return, which is significantly lower than AXON's -17.06% return. Over the past 10 years, PTC has underperformed AXON with an annualized return of 13.90%, while AXON has yielded a comparatively higher 35.39% annualized return.
PTC
- 1D
- -0.68%
- 1M
- -7.21%
- YTD
- -21.89%
- 6M
- -21.98%
- 1Y
- -20.12%
- 3Y*
- -0.61%
- 5Y*
- 0.20%
- 10Y*
- 13.90%
AXON
- 1D
- -3.10%
- 1M
- 16.73%
- YTD
- -17.06%
- 6M
- -14.84%
- 1Y
- -40.51%
- 3Y*
- 34.22%
- 5Y*
- 26.05%
- 10Y*
- 35.39%
PTC vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PTC PTC Inc. | -21.89% | -5.25% | 5.09% | 45.75% | -0.92% | 1.29% | 59.71% | -9.66% | 36.42% | 31.34% |
AXON Axon Enterprise, Inc. | -17.06% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
Correlation
The correlation between PTC and AXON is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2001 | 0.33 |
The correlation between PTC and AXON shifts across timeframes, from 0.31 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PTC:
$864.04K
AXON:
$38.85B
PTC:
$13.81
AXON:
$2.41
PTC:
9.86
AXON:
195.83
PTC:
0.44
AXON:
0.06
PTC:
4.10
AXON:
13.54
PTC:
$3.00B
AXON:
$2.98B
PTC:
$2.54B
AXON:
$1.77B
PTC:
$1.67B
AXON:
$156.24M
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Return for Risk
PTC vs. AXON — Risk / Return Rank
PTC
AXON
PTC vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PTC Inc. (PTC) 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.
| PTC | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.88 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.67 | +0.15 |
| Martin ratioReturn relative to average drawdown | -0.92 | -1.17 | +0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PTC | AXON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.60 | -0.73 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.55 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.72 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.51 | -0.28 |
Drawdowns
PTC vs. AXON - Drawdown Comparison
The maximum PTC drawdown since its inception was -95.28%, roughly equal to the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for PTC and AXON.
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Drawdown Indicators
| PTC | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.28% | -91.78% | -3.50% |
Max Drawdown (1Y)Largest decline over 1 year | -38.37% | -60.28% | +21.91% |
Max Drawdown (3Y)Largest decline over 3 years | -38.37% | -60.28% | +21.91% |
Max Drawdown (5Y)Largest decline over 5 years | -38.37% | -60.28% | +21.91% |
Max Drawdown (10Y)Largest decline over 10 years | -54.37% | -60.28% | +5.91% |
Current DrawdownCurrent decline from peak | -37.16% | -45.92% | +8.76% |
Average DrawdownAverage peak-to-trough decline | -45.13% | -43.59% | -1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.82% | 34.81% | -12.99% |
Volatility
PTC vs. AXON - Volatility Comparison
The current volatility for PTC Inc. (PTC) is 8.12%, while Axon Enterprise, Inc. (AXON) has a volatility of 19.02%. This indicates that PTC 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
| PTC | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.12% | 19.02% | -10.90% |
Volatility (6M)Calculated over the trailing 6-month period | 21.45% | 44.22% | -22.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.54% | 55.73% | -22.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.22% | 47.97% | -17.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.87% | 49.19% | -16.32% |
Dividends
PTC vs. AXON - Dividend Comparison
Neither PTC nor AXON has paid dividends to shareholders.
Financials
PTC vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between PTC Inc. 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
PTC vs. AXON - Profitability Comparison
PTC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PTC Inc. reported a gross profit of 660.69M and revenue of 774.30M. Therefore, the gross margin over that period was 85.3%.
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
PTC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PTC Inc. reported an operating income of 295.80M and revenue of 774.30M, resulting in an operating margin of 38.2%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
PTC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PTC Inc. reported a net income of 590.72M and revenue of 774.30M, resulting in a net margin of 76.3%.
AXON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
PTC and AXON have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (19.02%) compared to PTC (8.12%). In terms of maximum drawdown, PTC dropped -95.28% vs AXON's -91.78%.
PTC currently has the higher Sharpe Ratio (-0.60 vs -0.73), 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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