SOFI vs. AXON

Last updated Jun 9, 2026

SOFI (SoFi Technologies, Inc.) and AXON (Axon Enterprise, Inc.) are both stocks. SOFI operates in Credit Services (Financial Services), while AXON operates in Aerospace & Defense (Industrials). Over the past 5 years, SOFI returned -6.19%/yr vs 26.05%/yr for AXON. At a 0.44 correlation, their price movements are largely independent.

Performance

SOFI vs. AXON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Technologies, Inc. (SOFI) and Axon Enterprise, Inc. (AXON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOFI achieves a -36.97% return, which is significantly lower than AXON's -17.06% return.

SOFI

• 1D: 2.93%
• 1M: 4.76%
• YTD: -36.97%
• 6M: -40.24%
• 1Y: 15.87%
• 3Y*: 26.35%
• 5Y*: -6.19%
• 10Y*: —

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%

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

SOFI vs. AXON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SOFI SoFi Technologies, Inc.	-36.97%	70.00%	54.77%	115.84%	-70.84%	27.09%	18.70%
AXON Axon Enterprise, Inc.	-17.06%	-4.44%	130.06%	55.69%	5.69%	28.13%	-2.51%

Correlation

The correlation between SOFI and AXON is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Dec 1, 2020	0.44

Fundamentals

Market Cap SOFI : $22.74B AXON : $38.85B
EPS SOFI : $0.44 AXON : $2.41
PE Ratio SOFI : 37.17 AXON : 195.83
PS Ratio SOFI : 4.53 AXON : 13.54
PB Ratio SOFI : 2.10 AXON : 10.99
Total Revenue (TTM) SOFI : $4.73B AXON : $2.98B
Gross Profit (TTM) SOFI : $3.39B AXON : $1.77B
EBITDA (TTM) SOFI : $1.40B AXON : $156.24M

Return for Risk

SOFI vs. AXON — Risk / Return Rank

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

SOFI

SOFI Risk / Return Rank: 50
SOFI Sharpe Ratio Rank: 52
SOFI Sortino Ratio Rank: 50
SOFI Omega Ratio Rank: 48
SOFI Calmar Ratio Rank: 50
SOFI Martin Ratio Rank: 49

AXON

AXON Risk / Return Rank: 14
AXON Sharpe Ratio Rank: 11
AXON Sortino Ratio Rank: 13
AXON Omega Ratio Rank: 13
AXON Calmar Ratio Rank: 17
AXON Martin Ratio Rank: 16

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.

SOFI vs. AXON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Technologies, Inc. (SOFI) 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.

	SOFI	AXON	Difference
Sharpe ratio: Return per unit of total volatility	0.28	-0.73	+1.01
Sortino ratio: Return per unit of downside risk	0.76	-0.93	+1.69
Omega ratio: Gain probability vs. loss probability	1.09	0.88	+0.21
Calmar ratio: Return relative to maximum drawdown	0.30	-0.67	+0.98
Martin ratio: Return relative to average drawdown	0.56	-1.17	+1.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOFI vs. AXON - Sharpe Ratio Comparison

The current SOFI Sharpe Ratio is 0.28, which is higher than the AXON Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of SOFI and AXON, 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

	SOFI	AXON	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	-0.73	+1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	0.55	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.51	-0.39

Drawdowns

SOFI vs. AXON - Drawdown Comparison

The maximum SOFI drawdown since its inception was -83.32%, smaller than the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for SOFI and AXON.

Drawdown Indicators

	SOFI	AXON	Difference
Max Drawdown Largest peak-to-trough decline	-83.32%	-91.78%	+8.46%
Max Drawdown (1Y) Largest decline over 1 year	-52.96%	-60.28%	+7.32%
Max Drawdown (3Y) Largest decline over 3 years	-52.96%	-60.28%	+7.32%
Max Drawdown (5Y) Largest decline over 5 years	-81.54%	-60.28%	-21.26%
Max Drawdown (10Y) Largest decline over 10 years	—	-60.28%	—
Current Drawdown Current decline from peak	-48.77%	-45.92%	-2.85%
Average Drawdown Average peak-to-trough decline	-51.23%	-43.59%	-7.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.21%	34.81%	-6.60%

Volatility

SOFI vs. AXON - Volatility Comparison

The current volatility for SoFi Technologies, Inc. (SOFI) is 17.24%, while Axon Enterprise, Inc. (AXON) has a volatility of 19.02%. This indicates that SOFI 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.

Volatility by Period

	SOFI	AXON	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.24%	19.02%	-1.78%
Volatility (6M) Calculated over the trailing 6-month period	38.62%	44.22%	-5.60%
Volatility (1Y) Calculated over the trailing 1-year period	56.53%	55.73%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.71%	47.97%	+18.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.97%	49.19%	+22.78%

Dividends

SOFI vs. AXON - Dividend Comparison

Neither SOFI nor AXON has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

SOFI vs. AXON - Profitability Comparison

The chart below illustrates the profitability comparison between SoFi Technologies, Inc. and Axon Enterprise, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SOFI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SoFi Technologies, Inc. reported a gross profit of 880.26M and revenue of 1.00B. Therefore, the gross margin over that period was 87.9%.

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%.

SOFI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SoFi Technologies, Inc. reported an operating income of 159.46M and revenue of 1.00B, resulting in an operating margin of 15.9%.

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%.

SOFI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SoFi Technologies, Inc. reported a net income of 166.73M and revenue of 1.00B, resulting in a net margin of 16.7%.

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

Can I hold both SOFI and AXON in my portfolio?

SOFI and AXON have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOFI or AXON?

AXON has higher volatility (19.02%) compared to SOFI (17.24%). In terms of maximum drawdown, SOFI dropped -83.32% vs AXON's -91.78%.

Which has better risk-adjusted returns?

SOFI currently has the higher Sharpe Ratio (0.28 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.