VTV vs. AXON

Last updated Jun 9, 2026

VTV (Vanguard Value ETF) is Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while AXON (Axon Enterprise, Inc.) is a stock. Over the past 10 years, VTV returned 12.42%/yr vs 35.39%/yr for AXON. At a 0.38 correlation, their price movements are largely independent.

Performance

VTV vs. AXON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) 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, VTV achieves a 11.91% return, which is significantly higher than AXON's -17.06% return. Over the past 10 years, VTV has underperformed AXON with an annualized return of 12.42%, while AXON has yielded a comparatively higher 35.39% annualized return.

VTV

• 1D: 0.25%
• 1M: 2.67%
• YTD: 11.91%
• 6M: 13.41%
• 1Y: 25.49%
• 3Y*: 17.72%
• 5Y*: 11.30%
• 10Y*: 12.42%

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)

VTV vs. AXON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTV Vanguard Value ETF	11.91%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%
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 VTV and AXON is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.38

Over the past year, the correlation between VTV and AXON has dropped to 0.10 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Return for Risk

VTV vs. AXON — Risk / Return Rank

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

VTV

VTV Risk / Return Rank: 84
VTV Sharpe Ratio Rank: 85
VTV Sortino Ratio Rank: 87
VTV Omega Ratio Rank: 83
VTV Calmar Ratio Rank: 83
VTV Martin Ratio Rank: 83

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.

VTV vs. AXON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) 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.

	VTV	AXON	Difference
Sharpe ratio: Return per unit of total volatility	2.52	-0.73	+3.25
Sortino ratio: Return per unit of downside risk	3.58	-0.93	+4.51
Omega ratio: Gain probability vs. loss probability	1.45	0.88	+0.57
Calmar ratio: Return relative to maximum drawdown	4.03	-0.67	+4.71
Martin ratio: Return relative to average drawdown	15.20	-1.17	+16.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTV vs. AXON - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.52, which is higher than the AXON Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of VTV 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

	VTV	AXON	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.52	-0.73	+3.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.55	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.72	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.51	0.00

Drawdowns

VTV vs. AXON - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, smaller than the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for VTV and AXON.

Drawdown Indicators

	VTV	AXON	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-91.78%	+32.51%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-60.28%	+53.93%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	-60.28%	+45.76%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	-60.28%	+43.24%
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	-60.28%	+23.50%
Current Drawdown Current decline from peak	-1.11%	-45.92%	+44.81%
Average Drawdown Average peak-to-trough decline	-7.87%	-43.59%	+35.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	34.81%	-33.13%

Volatility

VTV vs. AXON - Volatility Comparison

The current volatility for Vanguard Value ETF (VTV) is 2.65%, while Axon Enterprise, Inc. (AXON) has a volatility of 19.02%. This indicates that VTV 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

	VTV	AXON	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	19.02%	-16.37%
Volatility (6M) Calculated over the trailing 6-month period	7.67%	44.22%	-36.55%
Volatility (1Y) Calculated over the trailing 1-year period	10.18%	55.73%	-45.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.89%	47.97%	-34.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	49.19%	-32.51%

Dividends

VTV vs. AXON - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.87%, 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%
VTV Vanguard Value ETF	1.87%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both VTV and AXON in my portfolio?

VTV and AXON have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTV or AXON?

AXON has higher volatility (19.02%) compared to VTV (2.65%). In terms of maximum drawdown, VTV dropped -59.27% vs AXON's -91.78%.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.52 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.