LAC vs. SLDP

Last updated Aug 1, 2026

LAC (Lithium Americas Corp.) and SLDP (Solid Power, Inc.) are both stocks. LAC operates in Other Industrial Metals & Mining (Basic Materials), while SLDP operates in Electrical Equipment & Parts (Industrials). Over the past year, LAC returned 12.55% vs -33.76% for SLDP. Their 0.45 correlation means their historical movements had little consistent relationship.

Performance

LAC vs. SLDP - Performance Comparison

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

Returns By Period

In the year-to-date period, LAC achieves a -34.17% return, which is significantly higher than SLDP's -51.53% return.

LAC

• 1D: -0.69%
• 1M: -23.67%
• 6M: -41.07%
• YTD: -34.17%
• 1Y: 12.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -32.68%

SLDP

• 1D: -0.24%
• 1M: -18.25%
• 6M: -54.02%
• YTD: -51.53%
• 1Y: -33.76%
• 3Y*: -10.36%
• 5Y*: -26.98%
• 10Y*: —
• ALL TIME*: -26.19%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LAC Lithium Americas Corp.	$21.24M	$30.56M	$47.54M
SLDP Solid Power, Inc.	$8.45M	$8.87M	$15.65M

LAC vs. SLDP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LAC Lithium Americas Corp.	-34.17%	46.80%	-53.59%	-27.19%
SLDP Solid Power, Inc.	-51.53%	124.87%	30.34%	-28.22%

Correlation

The correlation between LAC and SLDP is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.50
Correlation (All Time) Calculated using the full available price history since Oct 2, 2023	0.45

The correlation between LAC and SLDP has been stable across timeframes, ranging from 0.45 to 0.50 - a consistent structural relationship.

Fundamentals

Market Cap LAC : $640.81M SLDP : $463.47M
EPS LAC : -$0.26 SLDP : -$0.75
PB Ratio LAC : 0.75 SLDP : 0.00
Total Revenue (TTM) LAC : $0.00 SLDP : $17.84M
Gross Profit (TTM) LAC : -$580.22K SLDP : -$2.22M
EBITDA (TTM) LAC : -$52.10M SLDP : -$63.00M

Return for Risk

LAC vs. SLDP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LAC

LAC Risk / Return Rank: 56
LAC Sharpe Ratio Rank: 49
LAC Sortino Ratio Rank: 68
LAC Omega Ratio Rank: 64
LAC Calmar Ratio Rank: 50
LAC Martin Ratio Rank: 48

SLDP

SLDP Risk / Return Rank: 32
SLDP Sharpe Ratio Rank: 30
SLDP Sortino Ratio Rank: 37
SLDP Omega Ratio Rank: 36
SLDP Calmar Ratio Rank: 28
SLDP Martin Ratio Rank: 30

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LAC vs. SLDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and Solid Power, Inc. (SLDP). 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.

	LAC	SLDP	Difference
Sharpe ratio: Return per unit of total volatility	0.09	-0.33	+0.42
Sortino ratio: Return per unit of downside risk	1.40	0.15	+1.25
Omega ratio: Gain probability vs. loss probability	1.16	1.02	+0.14
Calmar ratio: Return relative to maximum drawdown	0.16	-0.46	+0.63
Martin ratio: Return relative to average drawdown	0.25	-0.71	+0.96

LAC vs. SLDP - Sharpe Ratio Comparison

The current LAC Sharpe Ratio is 0.09, which is higher than the SLDP Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of LAC and SLDP, 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

LAC vs. SLDP - Drawdown Comparison

The maximum LAC drawdown since its inception was -81.83%, smaller than the maximum SLDP drawdown of -93.46%. Use the drawdown chart below to compare losses from any high point for LAC and SLDP.

Drawdown Indicators

	LAC	SLDP	Difference
Max Drawdown Largest peak-to-trough decline	-81.83%	-93.46%	+11.63%
Max Drawdown (1Y) Largest decline over 1 year	-73.03%	-76.50%	+3.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-76.50%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-93.46%	—
Current Drawdown Current decline from peak	-75.51%	-85.46%	+9.95%
Average Drawdown Average peak-to-trough decline	-63.46%	-69.06%	+5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.39%	50.07%	-2.68%

Volatility

LAC vs. SLDP - Volatility Comparison

The current volatility for Lithium Americas Corp. (LAC) is 16.02%, while Solid Power, Inc. (SLDP) has a volatility of 17.17%. This indicates that LAC experiences smaller price fluctuations and is considered to be less risky than SLDP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LAC	SLDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.02%	17.17%	-1.15%
Volatility (6M) Calculated over the trailing 6-month period	49.65%	45.91%	+3.74%
Volatility (1Y) Calculated over the trailing 1-year period	131.45%	107.67%	+23.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.78%	87.02%	+12.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	99.78%	85.77%	+14.01%

Dividends

LAC vs. SLDP - Dividend Comparison

Neither LAC nor SLDP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LAC and SLDP in my portfolio?

LAC and SLDP have a correlation of 0.50, 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 SLDP?

SLDP has higher volatility (17.17%) compared to LAC (16.02%). In terms of maximum drawdown, LAC dropped -81.83% vs SLDP's -93.46%.

Which has better risk-adjusted returns?

LAC currently has the higher Sharpe Ratio (0.09 vs -0.33), 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.