ZDGE vs. AXON
ZDGE (Zedge, Inc.) and AXON (Axon Enterprise, Inc.) are both stocks. ZDGE operates in Internet Content & Information (Communication Services), while AXON operates in Aerospace & Defense (Industrials). Over the past 10 years, ZDGE returned -2.82%/yr vs 33.40%/yr for AXON. At a 0.16 correlation, their price movements are largely independent.
Performance
ZDGE vs. AXON - Performance Comparison
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Returns By Period
In the year-to-date period, ZDGE achieves a -6.81% return, which is significantly higher than AXON's -27.80% return. Over the past 10 years, ZDGE has underperformed AXON with an annualized return of -2.82%, while AXON has yielded a comparatively higher 33.40% annualized return.
ZDGE
- 1D
- 1.01%
- 1M
- 3.08%
- YTD
- -6.81%
- 6M
- -16.49%
- 1Y
- -23.03%
- 3Y*
- 13.87%
- 5Y*
- -29.80%
- 10Y*
- -2.82%
AXON
- 1D
- -3.16%
- 1M
- 6.23%
- YTD
- -27.80%
- 6M
- -31.68%
- 1Y
- -47.25%
- 3Y*
- 29.52%
- 5Y*
- 19.83%
- 10Y*
- 33.40%
ZDGE vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZDGE Zedge, Inc. | -6.81% | 22.51% | 14.47% | 33.52% | -79.29% | 40.73% | 292.21% | -37.09% | -10.95% | -12.17% |
AXON Axon Enterprise, Inc. | -27.80% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
Correlation
The correlation between ZDGE and AXON is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since May 26, 2016 | 0.16 |
The correlation between ZDGE and AXON shifts across timeframes, from 0.11 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ZDGE:
$39.82M
AXON:
$33.82B
ZDGE:
-$0.09
AXON:
$2.41
ZDGE:
1.27
AXON:
11.78
ZDGE:
1.62
AXON:
9.57
ZDGE:
$31.32M
AXON:
$2.98B
ZDGE:
$28.55M
AXON:
$1.77B
ZDGE:
-$506.00K
AXON:
$156.24M
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Return for Risk
ZDGE vs. AXON — Risk / Return Rank
ZDGE
AXON
ZDGE vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zedge, Inc. (ZDGE) 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.
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.
| ZDGE | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.85 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.79 | +0.34 |
| Martin ratioReturn relative to average drawdown | -0.70 | -1.31 | +0.62 |
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Drawdowns
ZDGE vs. AXON - Drawdown Comparison
The maximum ZDGE drawdown since its inception was -91.40%, roughly equal to the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for ZDGE and AXON.
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Drawdown Indicators
| ZDGE | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.40% | -91.78% | +0.38% |
Max Drawdown (1Y)Largest decline over 1 year | -51.98% | -60.28% | +8.30% |
Max Drawdown (3Y)Largest decline over 3 years | -61.18% | -60.28% | -0.90% |
Max Drawdown (5Y)Largest decline over 5 years | -90.95% | -60.28% | -30.67% |
Max Drawdown (10Y)Largest decline over 10 years | -91.40% | -60.28% | -31.12% |
Current DrawdownCurrent decline from peak | -84.19% | -52.92% | -31.27% |
Average DrawdownAverage peak-to-trough decline | -69.68% | -43.61% | -26.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.13% | 36.06% | -2.93% |
Volatility
ZDGE vs. AXON - Volatility Comparison
Zedge, Inc. (ZDGE) has a higher volatility of 37.91% compared to Axon Enterprise, Inc. (AXON) at 18.16%. This indicates that ZDGE's price experiences larger fluctuations and is considered to be riskier 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
| ZDGE | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.91% | 18.16% | +19.75% |
Volatility (6M)Calculated over the trailing 6-month period | 59.91% | 44.21% | +15.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.56% | 55.91% | +22.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.65% | 48.00% | +30.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.67% | 49.23% | +38.44% |
Dividends
ZDGE vs. AXON - Dividend Comparison
ZDGE's dividend yield for the trailing twelve months is around 2.40%, while AXON has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
AXON Axon Enterprise, Inc. | 0.00% | 0.00% |
ZDGE Zedge, Inc. | 2.40% | 0.49% |
Financials
ZDGE vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Zedge, Inc. 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
ZDGE vs. AXON - Profitability Comparison
ZDGE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zedge, Inc. reported a gross profit of 7.44M and revenue of 7.99M. Therefore, the gross margin over that period was 93.1%.
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%.
ZDGE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zedge, Inc. reported an operating income of 1.07M and revenue of 7.99M, resulting in an operating margin of 13.4%.
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%.
ZDGE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zedge, Inc. reported a net income of 926.00K and revenue of 7.99M, resulting in a net margin of 11.6%.
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
ZDGE and AXON have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ZDGE has higher volatility (37.91%) compared to AXON (18.16%). In terms of maximum drawdown, ZDGE dropped -91.40% vs AXON's -91.78%.
ZDGE currently has the higher Sharpe Ratio (-0.29 vs -0.85), 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.
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