SNL.AX vs. AXON
SNL.AX (Supply Network Limited) and AXON (Axon Enterprise, Inc.) are both stocks. SNL.AX operates in Auto Parts (Consumer Cyclical), while AXON operates in Aerospace & Defense (Industrials). Over the past 10 years, SNL.AX returned 35.67%/yr vs 36.39%/yr for AXON. At a 0.02 correlation, their price movements are largely independent.
Performance
SNL.AX vs. AXON - Performance Comparison
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Different Trading Currencies
SNL.AX is traded in AUD, while AXON is traded in USD. To make them comparable, the AXON values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SNL.AX achieves a -3.46% return, which is significantly higher than AXON's -18.95% return. Both investments have delivered pretty close results over the past 10 years, with SNL.AX having a 35.67% annualized return and AXON not far ahead at 36.39%.
SNL.AX
- 1D
- 0.62%
- 1M
- -2.76%
- YTD
- -3.46%
- 6M
- -4.93%
- 1Y
- -21.55%
- 3Y*
- 32.59%
- 5Y*
- 37.69%
- 10Y*
- 35.67%
AXON
- 1D
- -4.11%
- 1M
- 29.41%
- YTD
- -18.95%
- 6M
- -16.87%
- 1Y
- -43.09%
- 3Y*
- 33.15%
- 5Y*
- 30.49%
- 10Y*
- 36.39%
SNL.AX vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNL.AX Supply Network Limited | -3.46% | 0.29% | 106.34% | 35.96% | 22.48% | 93.91% | 29.27% | 22.98% | 10.36% | 88.47% |
AXON Axon Enterprise, Inc. | -18.95% | -11.38% | 153.21% | 55.80% | 12.67% | 35.64% | 52.52% | 68.28% | 82.79% | 1.00% |
Correlation
The correlation between SNL.AX and AXON is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2007 | 0.02 |
The correlation between SNL.AX and AXON shifts across timeframes, from 0.02 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SNL.AX vs. AXON — Risk / Return Rank
SNL.AX
AXON
SNL.AX vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Supply Network Limited (SNL.AX) 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.
| SNL.AX | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.87 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | -0.68 | -0.02 |
| Martin ratioReturn relative to average drawdown | -1.32 | -1.16 | -0.16 |
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
| SNL.AX | AXON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.67 | -0.78 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.18 | 0.65 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | 0.75 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.43 | -0.06 |
Drawdowns
SNL.AX vs. AXON - Drawdown Comparison
The maximum SNL.AX drawdown since its inception was -87.50%, which is greater than AXON's maximum drawdown of -83.09%. Use the drawdown chart below to compare losses from any high point for SNL.AX and AXON.
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Drawdown Indicators
| SNL.AX | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.50% | -83.09% | -4.41% |
Max Drawdown (1Y)Largest decline over 1 year | -30.41% | -63.44% | +33.03% |
Max Drawdown (3Y)Largest decline over 3 years | -30.84% | -63.44% | +32.60% |
Max Drawdown (5Y)Largest decline over 5 years | -30.84% | -63.44% | +32.60% |
Max Drawdown (10Y)Largest decline over 10 years | -38.08% | -63.44% | +25.36% |
Current DrawdownCurrent decline from peak | -23.48% | -48.54% | +25.06% |
Average DrawdownAverage peak-to-trough decline | -34.04% | -34.49% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.14% | 37.14% | -21.00% |
Volatility
SNL.AX vs. AXON - Volatility Comparison
The current volatility for Supply Network Limited (SNL.AX) is 8.56%, while Axon Enterprise, Inc. (AXON) has a volatility of 20.75%. This indicates that SNL.AX 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
| SNL.AX | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 20.75% | -12.19% |
Volatility (6M)Calculated over the trailing 6-month period | 26.18% | 43.55% | -17.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.94% | 55.26% | -23.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.85% | 47.40% | -15.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.88% | 48.46% | -15.58% |
Dividends
SNL.AX vs. AXON - Dividend Comparison
SNL.AX's dividend yield for the trailing twelve months is around 2.39%, 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% |
SNL.AX Supply Network Limited | 2.39% | 2.16% | 1.70% | 2.93% | 2.56% | 1.90% | 2.78% | 3.24% | 3.58% | 2.54% | 4.63% | 16.83% |
Financials
SNL.AX vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Supply Network Limited 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
Frequently Asked Questions
SNL.AX 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.
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