XRO.AX vs. 360.AX

Last updated Jun 4, 2026

XRO.AX (Xero Limited) and 360.AX (Life360, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, XRO.AX returned -8.30%/yr vs 30.82%/yr for 360.AX. At a 0.42 correlation, their price movements are largely independent.

Performance

XRO.AX vs. 360.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Xero Limited (XRO.AX) and Life360, Inc. (360.AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XRO.AX achieves a -26.40% return, which is significantly higher than 360.AX's -32.69% return.

XRO.AX

• 1D: -3.54%
• 1M: 1.21%
• YTD: -26.40%
• 6M: -30.76%
• 1Y: -55.25%
• 3Y*: -9.14%
• 5Y*: -8.30%
• 10Y*: 16.79%

360.AX

• 1D: -2.17%
• 1M: 6.31%
• YTD: -32.69%
• 6M: -39.77%
• 1Y: -29.80%
• 3Y*: 48.88%
• 5Y*: 30.82%
• 10Y*: —

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

XRO.AX vs. 360.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XRO.AX Xero Limited	-26.40%	-32.36%	50.10%	59.81%	-50.32%	-3.66%	83.53%	45.09%
360.AX Life360, Inc.	-32.69%	48.76%	198.15%	55.56%	-49.95%	155.53%	20.63%	-40.68%

Correlation

The correlation between XRO.AX and 360.AX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since May 13, 2019	0.42

The correlation between XRO.AX and 360.AX shifts across timeframes, from 0.42 (all time) to 0.54 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

XRO.AX vs. 360.AX — Risk / Return Rank

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

XRO.AX

XRO.AX Risk / Return Rank: 4
XRO.AX Sharpe Ratio Rank: 1
XRO.AX Sortino Ratio Rank: 2
XRO.AX Omega Ratio Rank: 2
XRO.AX Calmar Ratio Rank: 8
XRO.AX Martin Ratio Rank: 9

360.AX

360.AX Risk / Return Rank: 25
360.AX Sharpe Ratio Rank: 22
360.AX Sortino Ratio Rank: 24
360.AX Omega Ratio Rank: 24
360.AX Calmar Ratio Rank: 26
360.AX Martin Ratio Rank: 27

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.

XRO.AX vs. 360.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xero Limited (XRO.AX) and Life360, Inc. (360.AX). 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.

	XRO.AX	360.AX	Difference
Sharpe ratio: Return per unit of total volatility	-1.27	-0.45	-0.82
Sortino ratio: Return per unit of downside risk	-2.09	-0.30	-1.79
Omega ratio: Gain probability vs. loss probability	0.73	0.96	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.86	-0.44	-0.42
Martin ratio: Return relative to average drawdown	-1.35	-0.73	-0.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XRO.AX vs. 360.AX - Sharpe Ratio Comparison

The current XRO.AX Sharpe Ratio is -1.27, which is lower than the 360.AX Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of XRO.AX and 360.AX, 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

	XRO.AX	360.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.27	-0.45	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.22	0.46	-0.68
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.36	+0.25

Drawdowns

XRO.AX vs. 360.AX - Drawdown Comparison

The maximum XRO.AX drawdown since its inception was -71.11%, smaller than the maximum 360.AX drawdown of -82.46%. Use the drawdown chart below to compare losses from any high point for XRO.AX and 360.AX.

Drawdown Indicators

	XRO.AX	360.AX	Difference
Max Drawdown Largest peak-to-trough decline	-71.11%	-82.46%	+11.35%
Max Drawdown (1Y) Largest decline over 1 year	-63.74%	-67.69%	+3.95%
Max Drawdown (3Y) Largest decline over 3 years	-63.74%	-67.69%	+3.95%
Max Drawdown (5Y) Largest decline over 5 years	-63.74%	-82.46%	+18.72%
Max Drawdown (10Y) Largest decline over 10 years	-63.74%	—	—
Current Drawdown Current decline from peak	-56.79%	-59.29%	+2.50%
Average Drawdown Average peak-to-trough decline	-27.46%	-32.90%	+5.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.98%	40.86%	+0.12%

Volatility

XRO.AX vs. 360.AX - Volatility Comparison

The current volatility for Xero Limited (XRO.AX) is 18.01%, while Life360, Inc. (360.AX) has a volatility of 21.11%. This indicates that XRO.AX experiences smaller price fluctuations and is considered to be less risky than 360.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XRO.AX	360.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.01%	21.11%	-3.10%
Volatility (6M) Calculated over the trailing 6-month period	39.50%	57.10%	-17.60%
Volatility (1Y) Calculated over the trailing 1-year period	43.28%	66.41%	-23.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.43%	66.29%	-27.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.45%	63.11%	-26.66%

Dividends

XRO.AX vs. 360.AX - Dividend Comparison

Neither XRO.AX nor 360.AX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both XRO.AX and 360.AX in my portfolio?

XRO.AX and 360.AX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.