ALK vs. VLRS
ALK (Alaska Air Group, Inc.) and VLRS (Controladora Vuela Compañía de Aviación, S.A.B. de C.V.) are both stocks. Both operate in the Airlines industry within the Industrials sector. Over the past 10 years, ALK returned -2.40%/yr vs -7.94%/yr for VLRS. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
ALK vs. VLRS - Performance Comparison
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Returns By Period
In the year-to-date period, ALK achieves a -5.67% return, which is significantly higher than VLRS's -11.82% return. Over the past 10 years, ALK has outperformed VLRS with an annualized return of -2.40%, while VLRS has yielded a comparatively lower -7.94% annualized return.
ALK
- 1D
- 0.44%
- 1M
- -7.12%
- 6M
- -6.65%
- YTD
- -5.67%
- 1Y
- -7.63%
- 3Y*
- -0.31%
- 5Y*
- -3.95%
- 10Y*
- -2.40%
- ALL TIME*
- 8.00%
VLRS
- 1D
- -1.51%
- 1M
- -14.52%
- 6M
- -19.53%
- YTD
- -11.82%
- 1Y
- 36.89%
- 3Y*
- -12.28%
- 5Y*
- -18.73%
- 10Y*
- -7.94%
- ALL TIME*
- -3.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $159.94M | $150.08M | $150.52M | |
| $4.85M | $4.82M | $4.94M |
ALK vs. VLRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALK Alaska Air Group, Inc. | -5.67% | -22.32% | 65.73% | -9.01% | -17.58% | 0.19% | -22.81% | 13.78% | -15.55% | -15.90% |
VLRS Controladora Vuela Compañía de Aviación, S.A.B. de C.V. | -11.82% | 19.35% | -20.68% | 12.20% | -53.48% | 44.69% | 19.19% | 94.77% | -33.29% | -46.68% |
Correlation
The correlation between ALK and VLRS is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2013 | 0.38 |
The correlation between ALK and VLRS shifts across timeframes, from 0.38 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ALK:
$5.29B
VLRS:
$900.07M
ALK:
-$1.50
VLRS:
-$2.10
ALK:
0.37
VLRS:
0.21
ALK:
1.46
VLRS:
13.23
ALK:
$14.76B
VLRS:
$3.29B
ALK:
$13.97B
VLRS:
$125.84M
ALK:
$338.00M
VLRS:
$593.12M
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Return for Risk
ALK vs. VLRS — Risk / Return Rank
ALK
VLRS
ALK vs. VLRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alaska Air Group, Inc. (ALK) and Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS). 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.
| ALK | VLRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.15 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 0.79 | -1.01 |
| Martin ratioReturn relative to average drawdown | -0.39 | 1.76 | -2.14 |
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Drawdowns
ALK vs. VLRS - Drawdown Comparison
The maximum ALK drawdown since its inception was -75.76%, smaller than the maximum VLRS drawdown of -85.92%. Use the drawdown chart below to compare losses from any high point for ALK and VLRS.
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Drawdown Indicators
| ALK | VLRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.76% | -85.92% | +10.16% |
Max Drawdown (1Y)Largest decline over 1 year | -46.46% | -42.14% | -4.32% |
Max Drawdown (3Y)Largest decline over 3 years | -55.37% | -69.32% | +13.95% |
Max Drawdown (5Y)Largest decline over 5 years | -55.37% | -84.26% | +28.89% |
Max Drawdown (10Y)Largest decline over 10 years | -75.06% | -84.77% | +9.71% |
Current DrawdownCurrent decline from peak | -49.77% | -65.72% | +15.95% |
Average DrawdownAverage peak-to-trough decline | -27.95% | -46.72% | +18.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.03% | 18.81% | +8.22% |
Volatility
ALK vs. VLRS - Volatility Comparison
Alaska Air Group, Inc. (ALK) and Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) have volatilities of 13.70% and 14.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALK | VLRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.70% | 14.11% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 42.20% | 39.96% | +2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.02% | 52.19% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.06% | 52.85% | -9.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.77% | 53.20% | -9.43% |
Dividends
ALK vs. VLRS - Dividend Comparison
Neither ALK nor VLRS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALK Alaska Air Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 2.07% | 2.10% | 1.63% | 1.24% | 0.99% |
VLRS Controladora Vuela Compañía de Aviación, S.A.B. de C.V. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ALK vs. VLRS - Financials Comparison
This section allows you to compare key financial metrics between Alaska Air Group, Inc. and Controladora Vuela Compañía de Aviación, S.A.B. de C.V.. 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
ALK vs. VLRS - Profitability Comparison
ALK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alaska Air Group, Inc. reported a gross profit of 3.63B and revenue of 4.07B. Therefore, the gross margin over that period was 89.3%.
VLRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. reported a gross profit of -58.00M and revenue of 859.00M. Therefore, the gross margin over that period was -6.8%.
ALK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alaska Air Group, Inc. reported an operating income of -168.00M and revenue of 4.07B, resulting in an operating margin of -4.1%.
VLRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. reported an operating income of -99.00M and revenue of 859.00M, resulting in an operating margin of -11.5%.
ALK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alaska Air Group, Inc. reported a net income of -76.00M and revenue of 4.07B, resulting in a net margin of -1.9%.
VLRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. reported a net income of -127.00M and revenue of 859.00M, resulting in a net margin of -14.8%.
Frequently Asked Questions
ALK and VLRS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLRS has higher volatility (14.11%) compared to ALK (13.70%). In terms of maximum drawdown, ALK dropped -75.76% vs VLRS's -85.92%.
VLRS currently has the higher Sharpe Ratio (0.63 vs -0.20), 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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