ACHR vs. PLUG
ACHR (Archer Aviation Inc.) and PLUG (Plug Power Inc.) are both stocks. Both are in the Industrials sector — ACHR in Aerospace & Defense, PLUG in Electrical Equipment & Parts. Over the past 5 years, ACHR returned -12.65%/yr vs -38.69%/yr for PLUG. At a 0.45 correlation, their price movements are largely independent.
Performance
ACHR vs. PLUG - 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 PLUG's 40.10% return.
ACHR
- 1D
- -4.15%
- 1M
- -16.03%
- YTD
- -32.45%
- 6M
- -38.80%
- 1Y
- -49.15%
- 3Y*
- 4.91%
- 5Y*
- -12.65%
- 10Y*
- —
PLUG
- 1D
- -2.47%
- 1M
- -26.98%
- YTD
- 40.10%
- 6M
- 18.97%
- 1Y
- 113.95%
- 3Y*
- -36.75%
- 5Y*
- -38.69%
- 10Y*
- 4.78%
ACHR vs. PLUG - 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% |
PLUG Plug Power Inc. | 40.10% | -7.51% | -52.67% | -63.62% | -56.18% | -16.75% | 10.93% |
Correlation
The correlation between ACHR and PLUG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020 | 0.45 |
The correlation between ACHR and PLUG has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.
Fundamentals
ACHR:
$3.90B
PLUG:
$3.84B
ACHR:
-$1.36
PLUG:
-$1.39
ACHR:
1.46K
PLUG:
4.51
ACHR:
1.87
PLUG:
5.12
ACHR:
$1.90M
PLUG:
$739.76M
ACHR:
$300.00K
PLUG:
-$189.79M
ACHR:
-$712.00M
PLUG:
-$745.89M
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Return for Risk
ACHR vs. PLUG — Risk / Return Rank
ACHR
PLUG
ACHR vs. PLUG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Archer Aviation Inc. (ACHR) and Plug Power Inc. (PLUG). 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 | PLUG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -3.44 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.25 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 1.99 | -2.88 |
| Martin ratioReturn relative to average drawdown | -1.39 | 3.38 | -4.76 |
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Drawdowns
ACHR vs. PLUG - Drawdown Comparison
The maximum ACHR drawdown since its inception was -90.49%, smaller than the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for ACHR and PLUG.
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Drawdown Indicators
| ACHR | PLUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.49% | -99.99% | +9.50% |
Max Drawdown (1Y)Largest decline over 1 year | -63.78% | -56.66% | -7.12% |
Max Drawdown (3Y)Largest decline over 3 years | -63.78% | -94.69% | +30.91% |
Max Drawdown (5Y)Largest decline over 5 years | -84.00% | -98.43% | +14.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.04% | — |
Current DrawdownCurrent decline from peak | -70.36% | -99.82% | +29.46% |
Average DrawdownAverage peak-to-trough decline | -62.48% | -96.21% | +33.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.04% | 33.39% | +7.65% |
Volatility
ACHR vs. PLUG - Volatility Comparison
The current volatility for Archer Aviation Inc. (ACHR) is 21.42%, while Plug Power Inc. (PLUG) has a volatility of 26.34%. This indicates that ACHR experiences smaller price fluctuations and is considered to be less risky than PLUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACHR | PLUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.42% | 26.34% | -4.92% |
Volatility (6M)Calculated over the trailing 6-month period | 44.68% | 64.10% | -19.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.77% | 108.06% | -37.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.32% | 94.54% | -10.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.16% | 89.47% | -7.31% |
Dividends
ACHR vs. PLUG - Dividend Comparison
Neither ACHR nor PLUG has paid dividends to shareholders.
Financials
ACHR vs. PLUG - Financials Comparison
This section allows you to compare key financial metrics between Archer Aviation Inc. and Plug Power Inc.. 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 PLUG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLUG has higher volatility (26.34%) compared to ACHR (21.42%). In terms of maximum drawdown, ACHR dropped -90.49% vs PLUG's -99.99%.
PLUG currently has the higher Sharpe Ratio (1.05 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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