ACHR vs. EWZ
ACHR (Archer Aviation Inc.) is a stock, while EWZ (iShares MSCI Brazil ETF) is Latin America Equities fund tracking the MSCI Brazil 25/50 Index. Over the past 5 years, ACHR returned -12.65%/yr vs 4.96%/yr for EWZ. At a 0.25 correlation, their price movements are largely independent.
Performance
ACHR vs. EWZ - Performance Comparison
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Returns By Period
In the year-to-date period, ACHR achieves a -32.45% return, which is significantly lower than EWZ's 10.48% return.
ACHR
- 1D
- -4.15%
- 1M
- -22.09%
- YTD
- -32.45%
- 6M
- -38.80%
- 1Y
- -56.69%
- 3Y*
- 4.91%
- 5Y*
- -12.65%
- 10Y*
- —
EWZ
- 1D
- 0.83%
- 1M
- -4.57%
- YTD
- 10.48%
- 6M
- 9.03%
- 1Y
- 31.47%
- 3Y*
- 9.47%
- 5Y*
- 4.96%
- 10Y*
- 8.29%
ACHR vs. EWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ACHR Archer Aviation Inc. | -32.45% | -22.87% | 58.79% | 228.34% | -69.04% | -39.96% | -0.89% |
EWZ iShares MSCI Brazil ETF | 10.48% | 48.81% | -30.41% | 32.62% | 12.09% | -17.32% | -2.16% |
Correlation
The correlation between ACHR and EWZ is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020 | 0.25 |
The correlation between ACHR and EWZ shifts across timeframes, from 0.25 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ACHR vs. EWZ — Risk / Return Rank
ACHR
EWZ
ACHR vs. EWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Archer Aviation Inc. (ACHR) and iShares MSCI Brazil ETF (EWZ). 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.
| ACHR | EWZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.06 | ||
| Sortino ratioReturn per unit of downside risk | -2.91 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.22 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 1.64 | -2.53 |
| Martin ratioReturn relative to average drawdown | -1.39 | 5.17 | -6.56 |
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Drawdowns
ACHR vs. EWZ - Drawdown Comparison
The maximum ACHR drawdown since its inception was -90.49%, which is greater than EWZ's maximum drawdown of -77.25%. Use the drawdown chart below to compare losses from any high point for ACHR and EWZ.
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Drawdown Indicators
| ACHR | EWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -77.25% | -13.24% |
Max Drawdown (1Y)Largest decline over 1 year | -63.78% | -19.27% | -44.51% |
Max Drawdown (3Y)Largest decline over 3 years | -63.78% | -31.36% | -32.42% |
Max Drawdown (5Y)Largest decline over 5 years | -84.00% | -32.24% | -51.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.99% | — |
Current DrawdownCurrent decline from peak | -70.36% | -23.06% | -47.30% |
Average DrawdownAverage peak-to-trough decline | -62.48% | -35.93% | -26.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.04% | 6.10% | +34.94% |
Volatility
ACHR vs. EWZ - Volatility Comparison
Archer Aviation Inc. (ACHR) has a higher volatility of 21.42% compared to iShares MSCI Brazil ETF (EWZ) at 7.35%. This indicates that ACHR's price experiences larger fluctuations and is considered to be riskier than EWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACHR | EWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.42% | 7.35% | +14.07% |
Volatility (6M)Calculated over the trailing 6-month period | 44.68% | 19.97% | +24.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.77% | 25.20% | +45.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.32% | 27.70% | +56.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.16% | 34.04% | +48.12% |
Dividends
ACHR vs. EWZ - Dividend Comparison
ACHR has not paid dividends to shareholders, while EWZ's dividend yield for the trailing twelve months is around 4.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACHR Archer Aviation 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% |
EWZ iShares MSCI Brazil ETF | 4.70% | 5.19% | 8.91% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% |
Frequently Asked Questions
ACHR and EWZ have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACHR has higher volatility (21.42%) compared to EWZ (7.35%). In terms of maximum drawdown, ACHR dropped -90.49% vs EWZ's -77.25%.
EWZ currently has the higher Sharpe Ratio (1.25 vs -0.80), 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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