ACHV vs. SPIR

Last updated Jun 23, 2026

ACHV (Achieve Life Sciences, Inc.) and SPIR (Spire Global, Inc.) are both stocks. ACHV operates in Biotechnology (Healthcare), while SPIR operates in Specialty Business Services (Industrials). Over the past 5 years, ACHV returned -9.48%/yr vs -26.35%/yr for SPIR. At a 0.16 correlation, their price movements are largely independent.

Performance

ACHV vs. SPIR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Achieve Life Sciences, Inc. (ACHV) and Spire Global, Inc. (SPIR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACHV achieves a 2.62% return, which is significantly lower than SPIR's 130.27% return.

ACHV

• 1D: 5.15%
• 1M: 8.74%
• YTD: 2.62%
• 6M: 14.35%
• 1Y: 52.24%
• 3Y*: -4.79%
• 5Y*: -9.48%
• 10Y*: -45.09%

SPIR

• 1D: -8.96%
• 1M: -18.38%
• YTD: 130.27%
• 6M: 90.62%
• 1Y: 73.74%
• 3Y*: 67.27%
• 5Y*: -26.35%
• 10Y*: —

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

ACHV vs. SPIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ACHV Achieve Life Sciences, Inc.	2.62%	41.19%	-14.56%	68.16%	-68.51%	-3.95%	2.66%
SPIR Spire Global, Inc.	130.27%	-46.70%	79.92%	1.82%	-71.60%	-66.23%	5.37%

Correlation

The correlation between ACHV and SPIR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020	0.16

Fundamentals

Market Cap ACHV : $272.25M SPIR : $574.57B
EPS ACHV : -$1.08 SPIR : -$3.07
PB Ratio ACHV : 25.50 SPIR : 6.30
Total Revenue (TTM) ACHV : $0.00 SPIR : $15.88B
Gross Profit (TTM) ACHV : -$111.00K SPIR : $6.33B
EBITDA (TTM) ACHV : -$41.34M SPIR : -$24.64B

Return for Risk

ACHV vs. SPIR — Risk / Return Rank

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

ACHV

ACHV Risk / Return Rank: 64
ACHV Sharpe Ratio Rank: 60
ACHV Sortino Ratio Rank: 65
ACHV Omega Ratio Rank: 69
ACHV Calmar Ratio Rank: 62
ACHV Martin Ratio Rank: 63

SPIR

SPIR Risk / Return Rank: 68
SPIR Sharpe Ratio Rank: 66
SPIR Sortino Ratio Rank: 69
SPIR Omega Ratio Rank: 68
SPIR Calmar Ratio Rank: 69
SPIR Martin Ratio Rank: 67

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.

ACHV vs. SPIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Achieve Life Sciences, Inc. (ACHV) and Spire Global, Inc. (SPIR). 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.

	ACHV	SPIR	Difference
Sharpe ratio: Return per unit of total volatility	0.52	0.72	-0.19
Sortino ratio: Return per unit of downside risk	1.44	1.66	-0.22
Omega ratio: Gain probability vs. loss probability	1.21	1.20	0.00
Calmar ratio: Return relative to maximum drawdown	0.96	1.48	-0.52
Martin ratio: Return relative to average drawdown	2.15	2.90	-0.75

ACHV vs. SPIR - Sharpe Ratio Comparison

The current ACHV Sharpe Ratio is 0.52, which is comparable to the SPIR Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of ACHV and SPIR, 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

ACHV vs. SPIR - Drawdown Comparison

The maximum ACHV drawdown since its inception was -100.00%, roughly equal to the maximum SPIR drawdown of -97.74%. Use the drawdown chart below to compare losses from any high point for ACHV and SPIR.

Drawdown Indicators

	ACHV	SPIR	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-97.74%	-2.26%
Max Drawdown (1Y) Largest decline over 1 year	-54.55%	-50.04%	-4.51%
Max Drawdown (3Y) Largest decline over 3 years	-66.58%	-66.22%	-0.36%
Max Drawdown (5Y) Largest decline over 5 years	-80.11%	-97.74%	+17.63%
Max Drawdown (10Y) Largest decline over 10 years	-99.91%	—	—
Current Drawdown Current decline from peak	-99.99%	-88.30%	-11.69%
Average Drawdown Average peak-to-trough decline	-83.85%	-77.97%	-5.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.34%	25.51%	-1.17%

Volatility

ACHV vs. SPIR - Volatility Comparison

The current volatility for Achieve Life Sciences, Inc. (ACHV) is 21.60%, while Spire Global, Inc. (SPIR) has a volatility of 39.83%. This indicates that ACHV experiences smaller price fluctuations and is considered to be less risky than SPIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACHV	SPIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.60%	39.83%	-18.23%
Volatility (6M) Calculated over the trailing 6-month period	68.04%	80.75%	-12.71%
Volatility (1Y) Calculated over the trailing 1-year period	100.86%	103.70%	-2.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.40%	98.51%	-24.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.51%	92.96%	-1.45%

Dividends

ACHV vs. SPIR - Dividend Comparison

Neither ACHV nor SPIR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ACHV and SPIR in my portfolio?

ACHV and SPIR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACHV or SPIR?

SPIR has higher volatility (39.83%) compared to ACHV (21.60%). In terms of maximum drawdown, ACHV dropped -100.00% vs SPIR's -97.74%.

Which has better risk-adjusted returns?

SPIR currently has the higher Sharpe Ratio (0.72 vs 0.52), 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.