SRZN vs. AXTI

Last updated Jul 11, 2026

SRZN (Surrozen, Inc.) and AXTI (AXT, Inc.) are both stocks. SRZN operates in Biotechnology (Healthcare), while AXTI operates in Semiconductor Equipment & Materials (Technology). Over the past 5 years, SRZN returned -31.06%/yr vs 40.63%/yr for AXTI. At a 0.08 correlation, their price movements are largely independent.

Performance

SRZN vs. AXTI - Performance Comparison

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

Returns By Period

In the year-to-date period, SRZN achieves a 2.61% return, which is significantly lower than AXTI's 249.91% return.

SRZN

• 1D: -1.32%
• 1M: -0.77%
• 6M: 25.42%
• YTD: 2.61%
• 1Y: 166.25%
• 3Y*: 32.41%
• 5Y*: -31.06%
• 10Y*: —

AXTI

• 1D: -8.54%
• 1M: -41.13%
• 6M: 148.85%
• YTD: 249.91%
• 1Y: 2,500.45%
• 3Y*: 172.09%
• 5Y*: 40.63%
• 10Y*: 32.89%

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

SRZN vs. AXTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SRZN Surrozen, Inc.	2.61%	57.49%	52.66%	7.69%	-90.96%	-35.60%
AXTI AXT, Inc.	249.91%	653.46%	-9.58%	-45.21%	-50.28%	-21.27%

Correlation

The correlation between SRZN and AXTI is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jan 11, 2021	0.08

Fundamentals

Market Cap SRZN : $173.40M AXTI : $2.65B
EPS SRZN : -$23.90 AXTI : -$0.30
PS Ratio SRZN : 27.85 AXTI : 28.19
Total Revenue (TTM) SRZN : $7.49M AXTI : $95.89M
Gross Profit (TTM) SRZN : $2.45M AXTI : $20.46M
EBITDA (TTM) SRZN : -$103.56M AXTI : -$7.63M

Return for Risk

SRZN vs. AXTI — Risk / Return Rank

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

SRZN

SRZN Risk / Return Rank: 92
SRZN Sharpe Ratio Rank: 94
SRZN Sortino Ratio Rank: 90
SRZN Omega Ratio Rank: 89
SRZN Calmar Ratio Rank: 92
SRZN Martin Ratio Rank: 93

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.

SRZN vs. AXTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Surrozen, Inc. (SRZN) 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.

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.

	SRZN	AXTI	Difference
Sharpe ratio: Return per unit of total volatility	2.34	17.49	-15.15
Sortino ratio: Return per unit of downside risk	2.77	5.25	-2.48
Omega ratio: Gain probability vs. loss probability	1.35	1.64	-0.29
Calmar ratio: Return relative to maximum drawdown	4.36	41.21	-36.85
Martin ratio: Return relative to average drawdown	12.57	131.50	-118.93

SRZN vs. AXTI - Sharpe Ratio Comparison

The current SRZN Sharpe Ratio is 2.34, which is lower than the AXTI Sharpe Ratio of 17.49. The chart below compares the historical Sharpe Ratios of SRZN 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.

Drawdowns

SRZN vs. AXTI - Drawdown Comparison

The maximum SRZN drawdown since its inception was -97.25%, roughly equal to the maximum AXTI drawdown of -98.57%. Use the drawdown chart below to compare losses from any high point for SRZN and AXTI.

Drawdown Indicators

	SRZN	AXTI	Difference
Max Drawdown Largest peak-to-trough decline	-97.25%	-98.57%	+1.32%
Max Drawdown (1Y) Largest decline over 1 year	-39.38%	-59.80%	+20.42%
Max Drawdown (3Y) Largest decline over 3 years	-62.70%	-78.52%	+15.82%
Max Drawdown (5Y) Largest decline over 5 years	-97.25%	-88.79%	-8.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-92.45%	—
Current Drawdown Current decline from peak	-87.15%	-59.38%	-27.77%
Average Drawdown Average peak-to-trough decline	-76.62%	-82.18%	+5.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.63%	18.70%	-5.07%

Volatility

SRZN vs. AXTI - Volatility Comparison

The current volatility for Surrozen, Inc. (SRZN) is 14.06%, while AXT, Inc. (AXTI) has a volatility of 43.25%. This indicates that SRZN 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

	SRZN	AXTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.06%	43.25%	-29.19%
Volatility (6M) Calculated over the trailing 6-month period	52.16%	115.92%	-63.76%
Volatility (1Y) Calculated over the trailing 1-year period	73.33%	141.47%	-68.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	98.57%	97.58%	+0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.11%	83.53%	+10.58%

Dividends

SRZN vs. AXTI - Dividend Comparison

Neither SRZN nor AXTI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SRZN and AXTI in my portfolio?

SRZN and AXTI have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRZN or AXTI?

AXTI has higher volatility (43.25%) compared to SRZN (14.06%). In terms of maximum drawdown, SRZN dropped -97.25% vs AXTI's -98.57%.

Which has better risk-adjusted returns?

AXTI currently has the higher Sharpe Ratio (17.49 vs 2.34), 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.