ACHR vs. TSLR

Last updated Jun 13, 2026

ACHR (Archer Aviation Inc.) is a stock, while TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, ACHR returned -56.69% vs 19.41% for TSLR. At a 0.39 correlation, their price movements are largely independent.

Performance

ACHR vs. TSLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Archer Aviation Inc. (ACHR) and GraniteShares 2x Long TSLA Daily ETF (TSLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACHR achieves a -32.45% return, which is significantly lower than TSLR's -27.58% return.

ACHR

• 1D: -4.15%
• 1M: -22.09%
• YTD: -32.45%
• 6M: -38.80%
• 1Y: -56.69%
• 3Y*: 4.91%
• 5Y*: -12.65%
• 10Y*: —

TSLR

• 1D: 3.62%
• 1M: -19.09%
• YTD: -27.58%
• 6M: -31.37%
• 1Y: 19.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACHR vs. TSLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ACHR Archer Aviation Inc.	-32.45%	-22.87%	58.79%	-12.29%
TSLR GraniteShares 2x Long TSLA Daily ETF	-27.58%	-25.97%	67.57%	1.69%

Correlation

The correlation between ACHR and TSLR 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 (All Time) Calculated using the full available price history since Aug 22, 2023	0.39

Return for Risk

ACHR vs. TSLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACHR

ACHR Risk / Return Rank: 10
ACHR Sharpe Ratio Rank: 10
ACHR Sortino Ratio Rank: 10
ACHR Omega Ratio Rank: 12
ACHR Calmar Ratio Rank: 7
ACHR Martin Ratio Rank: 10

TSLR

TSLR Risk / Return Rank: 16
TSLR Sharpe Ratio Rank: 13
TSLR Sortino Ratio Rank: 20
TSLR Omega Ratio Rank: 18
TSLR Calmar Ratio Rank: 14
TSLR Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACHR vs. TSLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Archer Aviation Inc. (ACHR) and GraniteShares 2x Long TSLA Daily ETF (TSLR). 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	TSLR	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	0.22	-1.02
Sortino ratio: Return per unit of downside risk	-1.16	0.94	-2.10
Omega ratio: Gain probability vs. loss probability	0.87	1.11	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.89	0.36	-1.25
Martin ratio: Return relative to average drawdown	-1.39	0.73	-2.11

ACHR vs. TSLR - Sharpe Ratio Comparison

The current ACHR Sharpe Ratio is -0.80, which is lower than the TSLR Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of ACHR and TSLR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACHR vs. TSLR - Drawdown Comparison

The maximum ACHR drawdown since its inception was -90.49%, which is greater than TSLR's maximum drawdown of -82.80%. Use the drawdown chart below to compare losses from any high point for ACHR and TSLR.

Drawdown Indicators

	ACHR	TSLR	Difference
Max Drawdown Largest peak-to-trough decline	-90.49%	-82.80%	-7.69%
Max Drawdown (1Y) Largest decline over 1 year	-63.78%	-54.37%	-9.41%
Max Drawdown (3Y) Largest decline over 3 years	-63.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-84.00%	—	—
Current Drawdown Current decline from peak	-70.36%	-62.94%	-7.42%
Average Drawdown Average peak-to-trough decline	-62.48%	-50.31%	-12.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.04%	26.72%	+14.32%

Volatility

ACHR vs. TSLR - Volatility Comparison

The current volatility for Archer Aviation Inc. (ACHR) is 21.42%, while GraniteShares 2x Long TSLA Daily ETF (TSLR) has a volatility of 28.92%. This indicates that ACHR experiences smaller price fluctuations and is considered to be less risky than TSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACHR	TSLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.42%	28.92%	-7.50%
Volatility (6M) Calculated over the trailing 6-month period	44.68%	57.66%	-12.98%
Volatility (1Y) Calculated over the trailing 1-year period	70.77%	89.10%	-18.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.32%	115.61%	-31.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.16%	115.61%	-33.45%

Dividends

ACHR vs. TSLR - Dividend Comparison

Neither ACHR nor TSLR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ACHR and TSLR in my portfolio?

ACHR and TSLR 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.

Which is riskier, ACHR or TSLR?

TSLR has higher volatility (28.92%) compared to ACHR (21.42%). In terms of maximum drawdown, ACHR dropped -90.49% vs TSLR's -82.80%.

Which has better risk-adjusted returns?

TSLR currently has the higher Sharpe Ratio (0.22 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.