AXL vs IPX
Comparison between American Axle & Manufacturing Holdings Inc (AXL, Company) and IperionX Ltd (IPX, Company).
AXL is from the Consumer Cyclical sector, while IPX is from the Basic Materials sector.
AXL vs IPX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
AXL vs IPX - Historical Returns
Returns include dividend reinvestment.
AXL vs IPX - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | AXL | IPX |
|---|---|---|
| 2026 | -2.16% | -9.67% |
| 2025 | +11.28% | +2.22% |
| 2024 | -33.30% | +264.41% |
| 2023 | +14.71% | +85.57% |
| 2022 | -18.29% | -32.88% |
| 2021 | +14.90% | N/A |
| 2020 | -23.97% | N/A |
| 2019 | -5.11% | N/A |
| 2018 | -36.46% | N/A |
| 2017 | -12.58% | N/A |
| 2016 | +4.21% | N/A |
| 2015 | -17.33% | N/A |
| 2014 | +11.83% | N/A |
| 2013 | +74.34% | N/A |
| 2012 | +6.77% | N/A |
| 2011 | -26.85% | N/A |
| 2010 | +46.80% | N/A |
| 2009 | +191.64% | N/A |
| 2008 | -83.62% | N/A |
| 2007 | +2.72% | N/A |
| 2006 | +5.73% | N/A |
| 2005 | -36.94% | N/A |
| 2004 | -23.53% | N/A |
| 2003 | +67.51% | N/A |
| 2002 | +11.58% | N/A |
| 2001 | +169.34% | N/A |
| 2000 | -33.85% | N/A |
| 1999 | -11.01% | N/A |
AXL vs IPX Drawdown Comparison
The maximum drawdown for AXL was -99.21%, occurring on Mar 9, 2009. This drawdown has not yet recovered.
The maximum drawdown for IPX was -65.86%, occurring on Apr 8, 2025. Recovery took 140 trading sessions.
The current AXL drawdown is -82.76%. The current IPX drawdown is -40.03%.
| Rank | AXL | IPX |
|---|---|---|
| #1 | -99.21% Jan 7, 2004 - Mar 9, 2009 | -65.86% Dec 30, 2024 - Jul 24, 2025 |
| #2 | -65.07% Jan 12, 2000 - Jul 10, 2001 | -63.43% Jan 23, 2026 - Mar 26, 2026 |
| #3 | -53.71% Jul 18, 2001 - Jan 18, 2002 | -51.34% Oct 15, 2025 - Jan 23, 2026 |
| #4 | -46.12% May 15, 2002 - Nov 12, 2003 | -49.21% Jun 13, 2023 - Feb 14, 2024 |
| #5 | -15.56% Jan 31, 2002 - Mar 1, 2002 | -43.16% Jun 22, 2022 - Apr 21, 2023 |
| #6 | -14.35% Nov 3, 1999 - Jan 7, 2000 | -31.91% Apr 24, 2023 - Jun 13, 2023 |
| #7 | -10.68% Mar 12, 2002 - Apr 8, 2002 | -20.99% Jun 3, 2024 - Jul 2, 2024 |
| #8 | -8.81% Mar 6, 2002 - Mar 12, 2002 | -19.70% Jul 3, 2024 - Aug 28, 2024 |
| #9 | -6.80% Apr 16, 2002 - May 3, 2002 | -17.12% Oct 11, 2024 - Nov 8, 2024 |
| #10 | -5.72% Dec 1, 2003 - Dec 26, 2003 | -15.29% Feb 15, 2024 - May 28, 2024 |
| #11 | -5.06% Nov 13, 2003 - Nov 24, 2003 | -14.25% Dec 5, 2024 - Dec 26, 2024 |
| #12 | -4.14% Jan 23, 2002 - Jan 30, 2002 | -13.27% Sep 5, 2025 - Sep 26, 2025 |
| #13 | -1.84% May 10, 2002 - May 14, 2002 | -11.51% Aug 30, 2024 - Sep 25, 2024 |
| #14 | -1.20% Jul 16, 2001 - Jul 18, 2001 | -8.45% Nov 11, 2024 - Nov 21, 2024 |
| #15 | -1.12% Jul 12, 2001 - Jul 16, 2001 | -8.17% Aug 5, 2025 - Aug 15, 2025 |
Correlation
Correlation between AXL and IPX is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
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