LAC vs. ARRY

Last updated Jun 9, 2026

LAC (Lithium Americas Corp.) and ARRY (Array Technologies, Inc.) are both stocks. LAC operates in Other Industrial Metals & Mining (Basic Materials), while ARRY operates in Solar (Technology). Over the past year, LAC returned 68.89% vs 4.53% for ARRY. At a 0.32 correlation, their price movements are largely independent.

Performance

LAC vs. ARRY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lithium Americas Corp. (LAC) and Array Technologies, Inc. (ARRY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LAC achieves a 4.59% return, which is significantly higher than ARRY's -14.97% return.

LAC

• 1D: 0.66%
• 1M: -18.13%
• YTD: 4.59%
• 6M: -14.12%
• 1Y: 68.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARRY

• 1D: -3.09%
• 1M: -8.52%
• YTD: -14.97%
• 6M: -2.12%
• 1Y: 4.53%
• 3Y*: -29.57%
• 5Y*: -12.91%
• 10Y*: —

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

LAC vs. ARRY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LAC Lithium Americas Corp.	4.59%	46.80%	-53.59%	-27.19%
ARRY Array Technologies, Inc.	-14.97%	52.65%	-64.05%	-24.29%

Correlation

The correlation between LAC and ARRY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (All Time) Calculated using the full available price history since Oct 2, 2023	0.32

Fundamentals

Market Cap LAC : $1.61B ARRY : $1.20B
EPS LAC : -$0.28 ARRY : -$0.44
Total Revenue (TTM) LAC : $0.00 ARRY : $1.21B
Gross Profit (TTM) LAC : -$580.22K ARRY : $269.92M
EBITDA (TTM) LAC : -$52.10M ARRY : $5.35M

Return for Risk

LAC vs. ARRY — Risk / Return Rank

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

LAC

LAC Risk / Return Rank: 68
LAC Sharpe Ratio Rank: 61
LAC Sortino Ratio Rank: 79
LAC Omega Ratio Rank: 74
LAC Calmar Ratio Rank: 64
LAC Martin Ratio Rank: 59

ARRY

ARRY Risk / Return Rank: 46
ARRY Sharpe Ratio Rank: 45
ARRY Sortino Ratio Rank: 49
ARRY Omega Ratio Rank: 48
ARRY Calmar Ratio Rank: 45
ARRY Martin Ratio Rank: 44

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.

LAC vs. ARRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and Array Technologies, Inc. (ARRY). 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.

	LAC	ARRY	Difference
Sharpe ratio: Return per unit of total volatility	0.53	0.05	+0.47
Sortino ratio: Return per unit of downside risk	2.16	0.69	+1.48
Omega ratio: Gain probability vs. loss probability	1.25	1.09	+0.16
Calmar ratio: Return relative to maximum drawdown	1.10	0.10	+0.99
Martin ratio: Return relative to average drawdown	1.69	0.20	+1.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LAC vs. ARRY - Sharpe Ratio Comparison

The current LAC Sharpe Ratio is 0.53, which is higher than the ARRY Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of LAC and ARRY, 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

	LAC	ARRY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	0.05	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	-0.29	+0.04

Drawdowns

LAC vs. ARRY - Drawdown Comparison

The maximum LAC drawdown since its inception was -81.83%, smaller than the maximum ARRY drawdown of -92.20%. Use the drawdown chart below to compare losses from any high point for LAC and ARRY.

Drawdown Indicators

	LAC	ARRY	Difference
Max Drawdown Largest peak-to-trough decline	-81.83%	-92.20%	+10.37%
Max Drawdown (1Y) Largest decline over 1 year	-63.08%	-44.31%	-18.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-84.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-85.31%	—
Current Drawdown Current decline from peak	-61.09%	-84.64%	+23.55%
Average Drawdown Average peak-to-trough decline	-63.22%	-68.91%	+5.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.87%	22.73%	+18.14%

Volatility

LAC vs. ARRY - Volatility Comparison

The current volatility for Lithium Americas Corp. (LAC) is 21.31%, while Array Technologies, Inc. (ARRY) has a volatility of 22.69%. This indicates that LAC experiences smaller price fluctuations and is considered to be less risky than ARRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LAC	ARRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.31%	22.69%	-1.38%
Volatility (6M) Calculated over the trailing 6-month period	52.78%	62.61%	-9.83%
Volatility (1Y) Calculated over the trailing 1-year period	132.10%	84.15%	+47.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.33%	81.45%	+19.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.33%	82.11%	+19.22%

Dividends

LAC vs. ARRY - Dividend Comparison

Neither LAC nor ARRY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LAC and ARRY in my portfolio?

LAC and ARRY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LAC or ARRY?

ARRY has higher volatility (22.69%) compared to LAC (21.31%). In terms of maximum drawdown, LAC dropped -81.83% vs ARRY's -92.20%.

Which has better risk-adjusted returns?

LAC currently has the higher Sharpe Ratio (0.53 vs 0.05), 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.