CAE vs. ACHR

Last updated Jun 27, 2026

CAE (CAE Inc.) and ACHR (Archer Aviation Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, CAE returned 6.05%/yr vs 12.83%/yr for ACHR. At a 0.38 correlation, their price movements are largely independent.

Performance

CAE vs. ACHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CAE Inc. (CAE) 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, CAE achieves a -16.17% return, which is significantly higher than ACHR's -35.24% return.

CAE

• 1D: 3.49%
• 1M: 3.36%
• YTD: -16.17%
• 6M: -18.82%
• 1Y: -4.85%
• 3Y*: 6.05%
• 5Y*: -4.27%
• 10Y*: 8.63%

ACHR

• 1D: 1.67%
• 1M: -25.65%
• YTD: -35.24%
• 6M: -38.28%
• 1Y: -54.01%
• 3Y*: 12.83%
• 5Y*: —
• 10Y*: —

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

CAE vs. ACHR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CAE CAE Inc.	-16.17%	19.86%	17.55%	11.63%	-23.38%	-13.86%
ACHR Archer Aviation Inc.	-35.24%	-22.87%	58.79%	228.34%	-69.04%	-38.99%

Correlation

The correlation between CAE and ACHR is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (All Time) Calculated using the full available price history since Sep 17, 2021	0.38

Fundamentals

Market Cap CAE : $8.24B ACHR : $3.73B
EPS CAE : CA$0.97 ACHR : -$1.36
PS Ratio CAE : 2.37 ACHR : 1.40K
PB Ratio CAE : 2.20 ACHR : 1.80
Total Revenue (TTM) CAE : CA$4.92B ACHR : $1.90M
Gross Profit (TTM) CAE : CA$1.39B ACHR : $300.00K
EBITDA (TTM) CAE : CA$1.08B ACHR : -$712.00M

Return for Risk

CAE vs. ACHR — Risk / Return Rank

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

CAE

CAE Risk / Return Rank: 36
CAE Sharpe Ratio Rank: 37
CAE Sortino Ratio Rank: 33
CAE Omega Ratio Rank: 33
CAE Calmar Ratio Rank: 39
CAE Martin Ratio Rank: 38

ACHR

ACHR Risk / Return Rank: 12
ACHR Sharpe Ratio Rank: 11
ACHR Sortino Ratio Rank: 11
ACHR Omega Ratio Rank: 14
ACHR Calmar Ratio Rank: 11
ACHR 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.

CAE vs. ACHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CAE Inc. (CAE) 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.

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.

	CAE	ACHR	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	-0.79	+0.63
Sortino ratio: Return per unit of downside risk	0.01	-1.12	+1.12
Omega ratio: Gain probability vs. loss probability	1.00	0.88	+0.12
Calmar ratio: Return relative to maximum drawdown	-0.15	-0.83	+0.68
Martin ratio: Return relative to average drawdown	-0.34	-1.27	+0.93

CAE vs. ACHR - Sharpe Ratio Comparison

The current CAE Sharpe Ratio is -0.15, which is higher than the ACHR Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of CAE 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.

Drawdowns

CAE vs. ACHR - Drawdown Comparison

The maximum CAE drawdown since its inception was -79.29%, smaller than the maximum ACHR drawdown of -83.54%. Use the drawdown chart below to compare losses from any high point for CAE and ACHR.

Drawdown Indicators

	CAE	ACHR	Difference
Max Drawdown Largest peak-to-trough decline	-79.29%	-83.54%	+4.25%
Max Drawdown (1Y) Largest decline over 1 year	-31.98%	-64.88%	+32.90%
Max Drawdown (3Y) Largest decline over 3 years	-34.58%	-64.88%	+30.30%
Max Drawdown (5Y) Largest decline over 5 years	-54.98%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.01%	—	—
Current Drawdown Current decline from peak	-25.11%	-64.30%	+39.19%
Average Drawdown Average peak-to-trough decline	-22.94%	-49.72%	+26.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.40%	42.53%	-28.13%

Volatility

CAE vs. ACHR - Volatility Comparison

The current volatility for CAE Inc. (CAE) is 7.66%, while Archer Aviation Inc. (ACHR) has a volatility of 22.64%. This indicates that CAE experiences smaller price fluctuations and is considered to be less risky than ACHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAE	ACHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.66%	22.64%	-14.98%
Volatility (6M) Calculated over the trailing 6-month period	26.53%	45.15%	-18.62%
Volatility (1Y) Calculated over the trailing 1-year period	31.89%	69.25%	-37.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.49%	86.37%	-49.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.43%	86.37%	-48.94%

Dividends

CAE vs. ACHR - Dividend Comparison

Neither CAE nor ACHR has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACHR Archer Aviation Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CAE CAE Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.29%	1.19%	1.69%	1.83%	2.22%	2.61%

Financials

Frequently Asked Questions

Can I hold both CAE and ACHR in my portfolio?

CAE and ACHR have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CAE or ACHR?

ACHR has higher volatility (22.64%) compared to CAE (7.66%). In terms of maximum drawdown, CAE dropped -79.29% vs ACHR's -83.54%.

Which has better risk-adjusted returns?

CAE currently has the higher Sharpe Ratio (-0.15 vs -0.79), 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.