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