ACHV vs. WEAV

Last updated Jun 4, 2026

ACHV (Achieve Life Sciences, Inc.) and WEAV (Weave Communications, Inc.) are both stocks. ACHV operates in Biotechnology (Healthcare), while WEAV operates in Software - Application (Technology). Over the past 3 years, ACHV returned -9.96%/yr vs -9.53%/yr for WEAV. At a 0.21 correlation, their price movements are largely independent.

Performance

ACHV vs. WEAV - Performance Comparison

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

Returns By Period

In the year-to-date period, ACHV achieves a -1.01% return, which is significantly higher than WEAV's -25.16% return.

ACHV

• 1D: -2.19%
• 1M: 12.07%
• YTD: -1.01%
• 6M: 0.82%
• 1Y: 16.86%
• 3Y*: -9.96%
• 5Y*: -10.67%
• 10Y*: -46.66%

WEAV

• 1D: -5.80%
• 1M: -6.73%
• YTD: -25.16%
• 6M: -11.80%
• 1Y: -40.89%
• 3Y*: -9.53%
• 5Y*: —
• 10Y*: —

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

ACHV vs. WEAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ACHV Achieve Life Sciences, Inc.	-1.01%	41.19%	-14.56%	68.16%	-68.51%	-6.49%
WEAV Weave Communications, Inc.	-25.16%	-52.32%	38.80%	150.44%	-69.83%	-19.21%

Correlation

The correlation between ACHV and WEAV is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Nov 12, 2021	0.21

Fundamentals

Market Cap ACHV : $262.64M WEAV : $446.32M
EPS ACHV : -$1.08 WEAV : -$0.33
PB Ratio ACHV : 24.60 WEAV : 5.36
Total Revenue (TTM) ACHV : $0.00 WEAV : $248.72M
Gross Profit (TTM) ACHV : -$111.00K WEAV : $179.90M
EBITDA (TTM) ACHV : -$41.34M WEAV : -$12.23M

Return for Risk

ACHV vs. WEAV — Risk / Return Rank

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

ACHV

ACHV Risk / Return Rank: 51
ACHV Sharpe Ratio Rank: 47
ACHV Sortino Ratio Rank: 54
ACHV Omega Ratio Rank: 56
ACHV Calmar Ratio Rank: 48
ACHV Martin Ratio Rank: 48

WEAV

WEAV Risk / Return Rank: 13
WEAV Sharpe Ratio Rank: 11
WEAV Sortino Ratio Rank: 12
WEAV Omega Ratio Rank: 14
WEAV Calmar Ratio Rank: 14
WEAV Martin Ratio Rank: 15

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. WEAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Achieve Life Sciences, Inc. (ACHV) and Weave Communications, Inc. (WEAV). 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.

	ACHV	WEAV	Difference
Sharpe ratio: Return per unit of total volatility	0.17	-0.73	+0.90
Sortino ratio: Return per unit of downside risk	1.02	-0.92	+1.95
Omega ratio: Gain probability vs. loss probability	1.14	0.89	+0.25
Calmar ratio: Return relative to maximum drawdown	0.31	-0.73	+1.04
Martin ratio: Return relative to average drawdown	0.69	-1.17	+1.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ACHV vs. WEAV - Sharpe Ratio Comparison

The current ACHV Sharpe Ratio is 0.17, which is higher than the WEAV Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of ACHV and WEAV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ACHV	WEAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	-0.73	+0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	-0.36	+0.30

Drawdowns

ACHV vs. WEAV - Drawdown Comparison

The maximum ACHV drawdown since its inception was -100.00%, which is greater than WEAV's maximum drawdown of -85.61%. Use the drawdown chart below to compare losses from any high point for ACHV and WEAV.

Drawdown Indicators

	ACHV	WEAV	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-85.61%	-14.39%
Max Drawdown (1Y) Largest decline over 1 year	-54.55%	-55.90%	+1.35%
Max Drawdown (3Y) Largest decline over 3 years	-69.38%	-74.94%	+5.56%
Max Drawdown (5Y) Largest decline over 5 years	-80.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-99.92%	—	—
Current Drawdown Current decline from peak	-100.00%	-73.12%	-26.88%
Average Drawdown Average peak-to-trough decline	-89.47%	-59.08%	-30.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.89%	34.96%	-8.07%

Volatility

ACHV vs. WEAV - Volatility Comparison

Achieve Life Sciences, Inc. (ACHV) has a higher volatility of 25.74% compared to Weave Communications, Inc. (WEAV) at 19.20%. This indicates that ACHV's price experiences larger fluctuations and is considered to be riskier than WEAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACHV	WEAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.74%	19.20%	+6.54%
Volatility (6M) Calculated over the trailing 6-month period	66.81%	43.37%	+23.44%
Volatility (1Y) Calculated over the trailing 1-year period	101.67%	56.00%	+45.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.12%	64.61%	+9.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.46%	64.61%	+26.85%

Dividends

ACHV vs. WEAV - Dividend Comparison

Neither ACHV nor WEAV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ACHV and WEAV in my portfolio?

ACHV and WEAV have a correlation of 0.18, 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 WEAV?

ACHV has higher volatility (25.74%) compared to WEAV (19.20%). In terms of maximum drawdown, ACHV dropped -100.00% vs WEAV's -85.61%.

Which has better risk-adjusted returns?

ACHV currently has the higher Sharpe Ratio (0.17 vs -0.73), 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.