BBAI vs. ACHR

Last updated Jun 9, 2026

BBAI (BigBear.ai Holdings, Inc.) and ACHR (Archer Aviation Inc.) are both stocks. BBAI operates in Information Technology Services (Technology), while ACHR operates in Aerospace & Defense (Industrials). Over the past 3 years, BBAI returned 28.32%/yr vs 20.81%/yr for ACHR. At a 0.38 correlation, their price movements are largely independent.

Performance

BBAI vs. ACHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BigBear.ai Holdings, Inc. (BBAI) and Archer Aviation Inc. (ACHR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBAI achieves a -20.19% return, which is significantly higher than ACHR's -23.80% return.

BBAI

• 1D: 2.62%
• 1M: 3.11%
• YTD: -20.19%
• 6M: -34.30%
• 1Y: 11.95%
• 3Y*: 28.32%
• 5Y*: —
• 10Y*: —

ACHR

• 1D: 3.43%
• 1M: -11.57%
• YTD: -23.80%
• 6M: -33.45%
• 1Y: -43.77%
• 3Y*: 20.81%
• 5Y*: -10.82%
• 10Y*: —

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

BBAI vs. ACHR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BBAI BigBear.ai Holdings, Inc.	-20.19%	21.35%	107.94%	217.65%	-88.10%	-35.09%
ACHR Archer Aviation Inc.	-23.80%	-22.87%	58.79%	228.34%	-69.04%	-9.04%

Correlation

The correlation between BBAI and ACHR is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021	0.38

Over the past year, BBAI and ACHR have become more correlated (0.68) than their long-term average of 0.38, meaning their price movements have been converging.

Fundamentals

Market Cap BBAI : $20.39B ACHR : $4.39B
EPS BBAI : -$0.13 ACHR : -$1.36
PS Ratio BBAI : 76.89 ACHR : 1.65K
PB Ratio BBAI : 25.80 ACHR : 2.11
Total Revenue (TTM) BBAI : $127.35M ACHR : $1.90M
Gross Profit (TTM) BBAI : $32.81M ACHR : $300.00K
EBITDA (TTM) BBAI : -$230.18M ACHR : -$712.00M

Return for Risk

BBAI vs. ACHR — Risk / Return Rank

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

BBAI

BBAI Risk / Return Rank: 49
BBAI Sharpe Ratio Rank: 46
BBAI Sortino Ratio Rank: 55
BBAI Omega Ratio Rank: 51
BBAI Calmar Ratio Rank: 47
BBAI Martin Ratio Rank: 46

ACHR

ACHR Risk / Return Rank: 18
ACHR Sharpe Ratio Rank: 15
ACHR Sortino Ratio Rank: 18
ACHR Omega Ratio Rank: 19
ACHR Calmar Ratio Rank: 17
ACHR Martin Ratio Rank: 19

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.

BBAI vs. ACHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BigBear.ai Holdings, Inc. (BBAI) and Archer Aviation Inc. (ACHR). 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.

	BBAI	ACHR	Difference
Sharpe ratio: Return per unit of total volatility	0.12	-0.62	+0.74
Sortino ratio: Return per unit of downside risk	1.00	-0.65	+1.65
Omega ratio: Gain probability vs. loss probability	1.10	0.93	+0.18
Calmar ratio: Return relative to maximum drawdown	0.18	-0.69	+0.87
Martin ratio: Return relative to average drawdown	0.31	-1.08	+1.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBAI vs. ACHR - Sharpe Ratio Comparison

The current BBAI Sharpe Ratio is 0.12, which is higher than the ACHR Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of BBAI and ACHR, 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

	BBAI	ACHR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	-0.62	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	-0.12	+0.03

Drawdowns

BBAI vs. ACHR - Drawdown Comparison

The maximum BBAI drawdown since its inception was -95.01%, roughly equal to the maximum ACHR drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for BBAI and ACHR.

Drawdown Indicators

	BBAI	ACHR	Difference
Max Drawdown Largest peak-to-trough decline	-95.01%	-90.49%	-4.52%
Max Drawdown (1Y) Largest decline over 1 year	-65.88%	-63.78%	-2.10%
Max Drawdown (3Y) Largest decline over 3 years	-75.56%	-63.78%	-11.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-84.00%	—
Current Drawdown Current decline from peak	-66.04%	-66.57%	+0.53%
Average Drawdown Average peak-to-trough decline	-70.87%	-62.50%	-8.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.69%	40.38%	-1.69%

Volatility

BBAI vs. ACHR - Volatility Comparison

BigBear.ai Holdings, Inc. (BBAI) has a higher volatility of 24.69% compared to Archer Aviation Inc. (ACHR) at 19.42%. This indicates that BBAI's price experiences larger fluctuations and is considered to be riskier than ACHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBAI	ACHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.69%	19.42%	+5.27%
Volatility (6M) Calculated over the trailing 6-month period	56.30%	43.60%	+12.70%
Volatility (1Y) Calculated over the trailing 1-year period	97.07%	71.28%	+25.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	174.91%	84.22%	+90.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	174.91%	82.17%	+92.74%

Dividends

BBAI vs. ACHR - Dividend Comparison

Neither BBAI nor ACHR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BBAI and ACHR in my portfolio?

BBAI and ACHR have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBAI or ACHR?

BBAI has higher volatility (24.69%) compared to ACHR (19.42%). In terms of maximum drawdown, BBAI dropped -95.01% vs ACHR's -90.49%.

Which has better risk-adjusted returns?

BBAI currently has the higher Sharpe Ratio (0.12 vs -0.62), 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.