CLF vs. ACHR
CLF (Cleveland-Cliffs Inc.) and ACHR (Archer Aviation Inc.) are both stocks. CLF operates in Steel (Basic Materials), while ACHR operates in Aerospace & Defense (Industrials). Over the past 5 years, CLF returned -11.40%/yr vs -10.82%/yr for ACHR. At a 0.29 correlation, their price movements are largely independent.
Performance
CLF vs. ACHR - Performance Comparison
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Returns By Period
In the year-to-date period, CLF achieves a -4.52% return, which is significantly higher than ACHR's -23.80% return.
CLF
- 1D
- -6.28%
- 1M
- 15.06%
- YTD
- -4.52%
- 6M
- 2.51%
- 1Y
- 66.84%
- 3Y*
- -7.46%
- 5Y*
- -11.40%
- 10Y*
- 10.01%
ACHR
- 1D
- 3.43%
- 1M
- -11.57%
- YTD
- -23.80%
- 6M
- -33.45%
- 1Y
- -43.77%
- 3Y*
- 20.81%
- 5Y*
- -10.82%
- 10Y*
- —
CLF vs. ACHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CLF Cleveland-Cliffs Inc. | -4.52% | 41.28% | -53.97% | 26.75% | -26.00% | 49.52% | 4.60% |
ACHR Archer Aviation Inc. | -23.80% | -22.87% | 58.79% | 228.34% | -69.04% | -39.96% | -0.89% |
Correlation
The correlation between CLF and ACHR is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020 | 0.29 |
Fundamentals
CLF:
$7.16B
ACHR:
$4.39B
CLF:
-$2.37
ACHR:
-$1.36
CLF:
0.34
ACHR:
1.65K
CLF:
1.23
ACHR:
2.11
CLF:
$18.90B
ACHR:
$1.90M
CLF:
-$528.00M
ACHR:
$300.00K
CLF:
$134.00M
ACHR:
-$712.00M
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Return for Risk
CLF vs. ACHR — Risk / Return Rank
CLF
ACHR
CLF vs. ACHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cleveland-Cliffs Inc. (CLF) 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.
| CLF | ACHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.93 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | -0.69 | +1.99 |
| Martin ratioReturn relative to average drawdown | 2.68 | -1.08 | +3.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLF | ACHR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | -0.62 | +1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | -0.13 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | -0.12 | +0.25 |
Drawdowns
CLF vs. ACHR - Drawdown Comparison
The maximum CLF drawdown since its inception was -98.78%, which is greater than ACHR's maximum drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for CLF and ACHR.
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Drawdown Indicators
| CLF | ACHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.78% | -90.49% | -8.29% |
Max Drawdown (1Y)Largest decline over 1 year | -51.67% | -63.78% | +12.11% |
Max Drawdown (3Y)Largest decline over 3 years | -74.46% | -63.78% | -10.68% |
Max Drawdown (5Y)Largest decline over 5 years | -82.37% | -84.00% | +1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -82.37% | — | — |
Current DrawdownCurrent decline from peak | -87.07% | -66.57% | -20.50% |
Average DrawdownAverage peak-to-trough decline | -47.61% | -62.50% | +14.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.01% | 40.38% | -15.37% |
Volatility
CLF vs. ACHR - Volatility Comparison
Cleveland-Cliffs Inc. (CLF) has a higher volatility of 20.72% compared to Archer Aviation Inc. (ACHR) at 19.42%. This indicates that CLF'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.
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Volatility by Period
| CLF | ACHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.72% | 19.42% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 46.41% | 43.60% | +2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.41% | 71.28% | -2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.53% | 84.22% | -24.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.05% | 82.17% | -20.12% |
Dividends
CLF vs. ACHR - Dividend Comparison
Neither CLF nor ACHR has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ACHR Archer Aviation Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CLF Cleveland-Cliffs Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.82% | 3.10% |
Financials
CLF vs. ACHR - Financials Comparison
This section allows you to compare key financial metrics between Cleveland-Cliffs Inc. and Archer Aviation Inc.. 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
Frequently Asked Questions
CLF and ACHR have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLF has higher volatility (20.72%) compared to ACHR (19.42%). In terms of maximum drawdown, CLF dropped -98.78% vs ACHR's -90.49%.
CLF currently has the higher Sharpe Ratio (0.98 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.
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