ACHR vs. NEXT
ACHR (Archer Aviation Inc.) and NEXT (NextDecade Corporation) are both stocks. ACHR operates in Aerospace & Defense (Industrials), while NEXT operates in Oil & Gas E&P (Energy). Over the past 5 years, ACHR returned -12.65%/yr vs 14.49%/yr for NEXT. At a 0.25 correlation, their price movements are largely independent.
Performance
ACHR vs. NEXT - 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 NEXT's 59.39% return.
ACHR
- 1D
- -4.15%
- 1M
- -22.09%
- YTD
- -32.45%
- 6M
- -38.80%
- 1Y
- -56.69%
- 3Y*
- 4.91%
- 5Y*
- -12.65%
- 10Y*
- —
NEXT
- 1D
- 1.69%
- 1M
- -1.64%
- YTD
- 59.39%
- 6M
- 53.85%
- 1Y
- -0.47%
- 3Y*
- 17.87%
- 5Y*
- 14.49%
- 10Y*
- -1.71%
ACHR vs. NEXT - 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% |
NEXT NextDecade Corporation | 59.39% | -31.65% | 61.64% | -3.44% | 73.33% | 36.36% | -21.13% |
Correlation
The correlation between ACHR and NEXT is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
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 NEXT shifts across timeframes, from 0.15 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ACHR:
$3.90B
NEXT:
$2.23B
ACHR:
-$1.36
NEXT:
-$1.35
ACHR:
$1.90M
NEXT:
$0.00
ACHR:
$300.00K
NEXT:
-$15.67M
ACHR:
-$712.00M
NEXT:
-$271.66M
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Return for Risk
ACHR vs. NEXT — Risk / Return Rank
ACHR
NEXT
ACHR vs. NEXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Archer Aviation Inc. (ACHR) and NextDecade Corporation (NEXT). 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 | NEXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.06 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.01 | -0.88 |
| Martin ratioReturn relative to average drawdown | -1.39 | -0.01 | -1.37 |
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Drawdowns
ACHR vs. NEXT - Drawdown Comparison
The maximum ACHR drawdown since its inception was -90.49%, roughly equal to the maximum NEXT drawdown of -88.79%. Use the drawdown chart below to compare losses from any high point for ACHR and NEXT.
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Drawdown Indicators
| ACHR | NEXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -88.79% | -1.70% |
Max Drawdown (1Y)Largest decline over 1 year | -63.78% | -60.00% | -3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -63.78% | -60.00% | -3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -84.00% | -60.00% | -24.00% |
Max Drawdown (10Y)Largest decline over 10 years | — | -88.79% | — |
Current DrawdownCurrent decline from peak | -70.36% | -30.00% | -40.36% |
Average DrawdownAverage peak-to-trough decline | -62.48% | -39.02% | -23.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.04% | 41.06% | -0.02% |
Volatility
ACHR vs. NEXT - Volatility Comparison
Archer Aviation Inc. (ACHR) has a higher volatility of 21.42% compared to NextDecade Corporation (NEXT) at 13.03%. This indicates that ACHR's price experiences larger fluctuations and is considered to be riskier than NEXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACHR | NEXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.42% | 13.03% | +8.39% |
Volatility (6M)Calculated over the trailing 6-month period | 44.68% | 45.77% | -1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.77% | 63.89% | +6.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.32% | 75.76% | +8.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.16% | 87.05% | -4.89% |
Dividends
ACHR vs. NEXT - Dividend Comparison
Neither ACHR nor NEXT has paid dividends to shareholders.
Financials
ACHR vs. NEXT - Financials Comparison
This section allows you to compare key financial metrics between Archer Aviation Inc. and NextDecade Corporation. 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
Frequently Asked Questions
ACHR and NEXT have a correlation of 0.15, 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 NEXT (13.03%). In terms of maximum drawdown, ACHR dropped -90.49% vs NEXT's -88.79%.
NEXT currently has the higher Sharpe Ratio (-0.01 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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