ACHR vs. PAA
ACHR (Archer Aviation Inc.) and PAA (Plains All American Pipeline, L.P.) are both stocks. ACHR operates in Aerospace & Defense (Industrials), while PAA operates in Oil & Gas Midstream (Energy). Over the past 5 years, ACHR returned -10.82%/yr vs 22.64%/yr for PAA. At a 0.12 correlation, their price movements are largely independent.
Performance
ACHR vs. PAA - Performance Comparison
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Returns By Period
In the year-to-date period, ACHR achieves a -23.80% return, which is significantly lower than PAA's 32.09% return.
ACHR
- 1D
- 3.43%
- 1M
- -11.57%
- YTD
- -23.80%
- 6M
- -33.45%
- 1Y
- -43.77%
- 3Y*
- 20.81%
- 5Y*
- -10.82%
- 10Y*
- —
PAA
- 1D
- 0.88%
- 1M
- 4.97%
- YTD
- 32.09%
- 6M
- 35.41%
- 1Y
- 42.03%
- 3Y*
- 29.12%
- 5Y*
- 22.64%
- 10Y*
- 5.94%
ACHR vs. PAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ACHR Archer Aviation Inc. | -23.80% | -22.87% | 58.79% | 228.34% | -69.04% | -39.96% | -0.89% |
PAA Plains All American Pipeline, L.P. | 32.09% | 14.30% | 21.38% | 39.18% | 35.79% | 22.24% | -6.15% |
Correlation
The correlation between ACHR and PAA is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020 | 0.12 |
The correlation between ACHR and PAA shifts across timeframes, from -0.03 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ACHR:
$4.39B
PAA:
$16.10B
ACHR:
-$1.36
PAA:
$2.19
ACHR:
1.65K
PAA:
0.36
ACHR:
2.11
PAA:
1.26
ACHR:
$1.90M
PAA:
$45.25B
ACHR:
$300.00K
PAA:
$1.55B
ACHR:
-$712.00M
PAA:
$2.54B
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Return for Risk
ACHR vs. PAA — Risk / Return Rank
ACHR
PAA
ACHR vs. PAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Archer Aviation Inc. (ACHR) and Plains All American Pipeline, L.P. (PAA). 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.
| ACHR | PAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.91 | ||
| Sortino ratioReturn per unit of downside risk | -3.76 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.38 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 2.91 | -3.59 |
| Martin ratioReturn relative to average drawdown | -1.08 | 8.41 | -9.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ACHR | PAA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.62 | 2.29 | -2.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.85 | -0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.14 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.31 | -0.42 |
Drawdowns
ACHR vs. PAA - Drawdown Comparison
The maximum ACHR drawdown since its inception was -90.49%, roughly equal to the maximum PAA drawdown of -91.99%. Use the drawdown chart below to compare losses from any high point for ACHR and PAA.
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Drawdown Indicators
| ACHR | PAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -91.99% | +1.50% |
Max Drawdown (1Y)Largest decline over 1 year | -63.78% | -14.53% | -49.25% |
Max Drawdown (3Y)Largest decline over 3 years | -63.78% | -22.26% | -41.52% |
Max Drawdown (5Y)Largest decline over 5 years | -84.00% | -26.11% | -57.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.92% | — |
Current DrawdownCurrent decline from peak | -66.57% | -8.58% | -57.99% |
Average DrawdownAverage peak-to-trough decline | -62.50% | -25.77% | -36.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.38% | 5.01% | +35.37% |
Volatility
ACHR vs. PAA - Volatility Comparison
Archer Aviation Inc. (ACHR) has a higher volatility of 19.42% compared to Plains All American Pipeline, L.P. (PAA) at 7.29%. This indicates that ACHR's price experiences larger fluctuations and is considered to be riskier than PAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACHR | PAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.42% | 7.29% | +12.13% |
Volatility (6M)Calculated over the trailing 6-month period | 43.60% | 14.05% | +29.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.28% | 18.45% | +52.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.22% | 26.80% | +57.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.17% | 41.83% | +40.34% |
Dividends
ACHR vs. PAA - Dividend Comparison
ACHR has not paid dividends to shareholders, while PAA's dividend yield for the trailing twelve months is around 7.00%.
| 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% |
PAA Plains All American Pipeline, L.P. | 7.00% | 8.46% | 7.44% | 7.06% | 7.08% | 7.71% | 10.92% | 7.50% | 5.99% | 9.45% | 8.21% | 11.93% |
Financials
ACHR vs. PAA - Financials Comparison
This section allows you to compare key financial metrics between Archer Aviation Inc. and Plains All American Pipeline, L.P.. 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 PAA have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACHR has higher volatility (19.42%) compared to PAA (7.29%). In terms of maximum drawdown, ACHR dropped -90.49% vs PAA's -91.99%.
PAA currently has the higher Sharpe Ratio (2.29 vs -0.62), 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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