ASLE vs. UP

Last updated Apr 1, 2026

Compare and contrast key facts about AerSale Corporation (ASLE) and Wheels Up Experience Inc. (UP).

Performance

ASLE vs. UP - Performance Comparison

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

ASLE vs. UP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ASLE AerSale Corporation	-12.52%	12.86%	-50.37%	-21.73%	-8.57%	32.29%	30.57%
UP Wheels Up Experience Inc.	-21.30%	-60.22%	-51.90%	-66.70%	-77.80%	-53.46%	3.32%

Fundamentals

Market Cap ASLE : $297.11M UP : $372.81M
EPS ASLE : $0.18 UP : -$0.42
PS Ratio ASLE : 0.88 UP : 0.50
Total Revenue (TTM) ASLE : $335.29M UP : $736.50M
Gross Profit (TTM) ASLE : $105.77M UP : $73.74M
EBITDA (TTM) ASLE : -$7.60M UP : -$180.33M

Returns By Period

In the year-to-date period, ASLE achieves a -12.52% return, which is significantly higher than UP's -21.30% return.

ASLE

• 1D: 2.98%
• 1M: -20.26%
• YTD: -12.52%
• 6M: -24.05%
• 1Y: -16.96%
• 3Y*: -28.78%
• 5Y*: -12.92%
• 10Y*: —

UP

• 1D: 19.53%
• 1M: -13.28%
• YTD: -21.30%
• 6M: -71.93%
• 1Y: -48.86%
• 3Y*: -56.62%
• 5Y*: -65.28%
• 10Y*: —

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

Return for Risk

ASLE vs. UP — Risk / Return Rank

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

ASLE

ASLE Risk / Return Rank: 23
ASLE Sharpe Ratio Rank: 25
ASLE Sortino Ratio Rank: 24
ASLE Omega Ratio Rank: 24
ASLE Calmar Ratio Rank: 21
ASLE Martin Ratio Rank: 23

UP

UP Risk / Return Rank: 28
UP Sharpe Ratio Rank: 25
UP Sortino Ratio Rank: 34
UP Omega Ratio Rank: 33
UP Calmar Ratio Rank: 23
UP Martin Ratio Rank: 26

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. UP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AerSale Corporation (ASLE) and Wheels Up Experience Inc. (UP). 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	UP	Difference
Sharpe ratio Return per unit of total volatility	-0.37	-0.38	+0.01
Sortino ratio Return per unit of downside risk	-0.26	0.16	-0.42
Omega ratio Gain probability vs. loss probability	0.97	1.02	-0.05
Calmar ratio Return relative to maximum drawdown	-0.60	-0.57	-0.03
Martin ratio Return relative to average drawdown	-1.04	-0.92	-0.12
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. UP - Sharpe Ratio Comparison

The current ASLE Sharpe Ratio is -0.37, which is comparable to the UP Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of ASLE and UP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ASLE	UP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.37	-0.38	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	-0.56	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	-0.55	+0.42

Correlation

The correlation between ASLE and UP is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ASLE vs. UP - Dividend Comparison

Neither ASLE nor UP has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ASLE vs. UP - Drawdown Comparison

The maximum ASLE drawdown since its inception was -80.91%, smaller than the maximum UP drawdown of -99.63%. Use the drawdown chart below to compare losses from any high point for ASLE and UP.

Drawdown Indicators

	ASLE	UP	Difference
Max Drawdown Largest peak-to-trough decline	-80.91%	-99.63%	+18.72%
Max Drawdown (1Y) Largest decline over 1 year	-34.00%	-86.91%	+52.91%
Max Drawdown (5Y) Largest decline over 5 years	-80.91%	-99.63%	+18.72%
Current Drawdown Current decline from peak	-73.90%	-99.55%	+25.65%
Average Drawdown Average peak-to-trough decline	-34.91%	-78.18%	+43.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.57%	53.87%	-34.30%

Volatility

ASLE vs. UP - Volatility Comparison

The current volatility for AerSale Corporation (ASLE) is 14.82%, while Wheels Up Experience Inc. (UP) has a volatility of 30.75%. This indicates that ASLE experiences smaller price fluctuations and is considered to be less risky than UP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASLE	UP	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.82%	30.75%	-15.93%
Volatility (6M) Calculated over the trailing 6-month period	27.22%	86.06%	-58.84%
Volatility (1Y) Calculated over the trailing 1-year period	46.18%	129.49%	-83.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.28%	117.06%	-68.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.48%	113.17%	-66.69%

Financials

ASLE vs. UP - Profitability Comparison

The chart below illustrates the profitability comparison between AerSale Corporation and Wheels Up Experience Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ASLE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AerSale Corporation reported a gross profit of 30.99M and revenue of 90.94M. Therefore, the gross margin over that period was 34.1%.

UP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Wheels Up Experience Inc. reported a gross profit of 46.55M and revenue of 183.84M. Therefore, the gross margin over that period was 25.3%.

ASLE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AerSale Corporation reported an operating income of 7.05M and revenue of 90.94M, resulting in an operating margin of 7.8%.

UP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Wheels Up Experience Inc. reported an operating income of -1.71M and revenue of 183.84M, resulting in an operating margin of -0.9%.

ASLE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AerSale Corporation reported a net income of 3.93M and revenue of 90.94M, resulting in a net margin of 4.3%.

UP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Wheels Up Experience Inc. reported a net income of -28.88M and revenue of 183.84M, resulting in a net margin of -15.7%.