ASLE vs. SOAR

Last updated Jun 4, 2026

ASLE (AerSale Corporation) and SOAR (Volato Group Inc) are both stocks. Both operate in the Airports & Air Services industry within the Industrials sector. Over the past 3 years, ASLE returned -25.45%/yr vs -88.89%/yr for SOAR. At a 0.10 correlation, their price movements are largely independent.

Performance

ASLE vs. SOAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AerSale Corporation (ASLE) and Volato Group Inc (SOAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASLE achieves a -11.81% return, which is significantly higher than SOAR's -50.00% return.

ASLE

• 1D: -2.49%
• 1M: -7.66%
• YTD: -11.81%
• 6M: -3.69%
• 1Y: 4.85%
• 3Y*: -25.45%
• 5Y*: -12.12%
• 10Y*: —

SOAR

• 1D: 29.29%
• 1M: 22.61%
• YTD: -50.00%
• 6M: -71.17%
• 1Y: -86.50%
• 3Y*: -88.89%
• 5Y*: —
• 10Y*: —

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

ASLE vs. SOAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ASLE AerSale Corporation	-11.81%	12.86%	-50.37%	-21.73%	12.56%
SOAR Volato Group Inc	-50.00%	-88.23%	-93.51%	-62.88%	3.78%

Correlation

The correlation between ASLE and SOAR 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	0.11
Correlation (All Time) Calculated using the full available price history since Jan 24, 2022	0.10

The correlation between ASLE and SOAR shifts across timeframes, from 0.10 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ASLE : $296.20M SOAR : $4.76B
EPS ASLE : $0.25 SOAR : $0.00
PE Ratio ASLE : 24.98 SOAR : 572.63
PS Ratio ASLE : 0.87 SOAR : 22.07
Total Revenue (TTM) ASLE : $340.12M SOAR : $54.07M
Gross Profit (TTM) ASLE : $106.69M SOAR : $10.84M
EBITDA (TTM) ASLE : $33.95M SOAR : $2.49M

Return for Risk

ASLE vs. SOAR — Risk / Return Rank

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

ASLE

ASLE Risk / Return Rank: 43
ASLE Sharpe Ratio Rank: 45
ASLE Sortino Ratio Rank: 42
ASLE Omega Ratio Rank: 42
ASLE Calmar Ratio Rank: 44
ASLE Martin Ratio Rank: 44

SOAR

SOAR Risk / Return Rank: 12
SOAR Sharpe Ratio Rank: 14
SOAR Sortino Ratio Rank: 10
SOAR Omega Ratio Rank: 12
SOAR Calmar Ratio Rank: 7
SOAR Martin Ratio Rank: 14

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.

ASLE vs. SOAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AerSale Corporation (ASLE) and Volato Group Inc (SOAR). 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.

	ASLE	SOAR	Difference
Sharpe ratio Return per unit of total volatility	0.11	-0.61	+0.72
Sortino ratio Return per unit of downside risk	0.49	-1.04	+1.53
Omega ratio Gain probability vs. loss probability	1.07	0.88	+0.18
Calmar ratio Return relative to maximum drawdown	0.14	-0.86	+1.00
Martin ratio Return relative to average drawdown	0.25	-1.19	+1.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASLE vs. SOAR - Sharpe Ratio Comparison

The current ASLE Sharpe Ratio is 0.11, which is higher than the SOAR Sharpe Ratio of -0.61. The chart below compares the historical Sharpe Ratios of ASLE and SOAR, 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

	ASLE	SOAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	-0.61	+0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	-0.51	+0.38

Drawdowns

ASLE vs. SOAR - Drawdown Comparison

The maximum ASLE drawdown since its inception was -80.91%, smaller than the maximum SOAR drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for ASLE and SOAR.

Drawdown Indicators

	ASLE	SOAR	Difference
Max Drawdown Largest peak-to-trough decline	-80.91%	-99.98%	+19.07%
Max Drawdown (1Y) Largest decline over 1 year	-34.00%	-96.30%	+62.30%
Max Drawdown (3Y) Largest decline over 3 years	-72.22%	-99.98%	+27.76%
Max Drawdown (5Y) Largest decline over 5 years	-80.91%	—	—
Current Drawdown Current decline from peak	-73.69%	-99.95%	+26.26%
Average Drawdown Average peak-to-trough decline	-35.81%	-56.11%	+20.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.51%	69.82%	-50.31%

Volatility

ASLE vs. SOAR - Volatility Comparison

The current volatility for AerSale Corporation (ASLE) is 14.86%, while Volato Group Inc (SOAR) has a volatility of 63.49%. This indicates that ASLE experiences smaller price fluctuations and is considered to be less risky than SOAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASLE	SOAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.86%	63.49%	-48.63%
Volatility (6M) Calculated over the trailing 6-month period	26.29%	106.02%	-79.73%
Volatility (1Y) Calculated over the trailing 1-year period	44.44%	145.48%	-101.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.58%	152.57%	-103.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.36%	152.57%	-106.21%

Dividends

ASLE vs. SOAR - Dividend Comparison

Neither ASLE nor SOAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ASLE and SOAR in my portfolio?

ASLE and SOAR 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, ASLE or SOAR?

SOAR has higher volatility (63.49%) compared to ASLE (14.86%). In terms of maximum drawdown, ASLE dropped -80.91% vs SOAR's -99.98%.

Which has better risk-adjusted returns?

ASLE currently has the higher Sharpe Ratio (0.11 vs -0.61), 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.