LHX vs. ACHR

Last updated Aug 4, 2026

LHX (L3Harris Technologies, 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, LHX returned 16.50%/yr vs -4.75%/yr for ACHR. Their 0.15 correlation means their historical movements had little consistent relationship.

Performance

LHX vs. ACHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L3Harris Technologies, Inc. (LHX) 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, LHX achieves a -4.64% return, which is significantly higher than ACHR's -35.64% return.

LHX

• 1D: 0.29%
• 1M: -8.01%
• 6M: -17.72%
• YTD: -4.64%
• 1Y: 1.48%
• 3Y*: 16.50%
• 5Y*: 5.99%
• 10Y*: 14.22%
• ALL TIME*: 9.83%

ACHR

• 1D: 4.31%
• 1M: -2.81%
• 6M: -31.35%
• YTD: -35.64%
• 1Y: -49.79%
• 3Y*: -4.75%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -13.65%

*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)
ACHR Archer Aviation Inc.	$160.40M	$160.02M	$249.23M
LHX L3Harris Technologies, Inc.	$568.70M	$425.57M	$423.56M

LHX vs. ACHR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LHX L3Harris Technologies, Inc.	-4.64%	42.28%	1.88%	3.67%	-0.48%	-3.08%
ACHR Archer Aviation Inc.	-35.64%	-22.87%	58.79%	228.34%	-69.04%	-38.99%

Correlation

The correlation between LHX and ACHR is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.19
Correlation (All Time) Calculated using the full available price history since Sep 17, 2021	0.15

The correlation between LHX and ACHR shifts across timeframes, from 0.15 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap LHX : $51.74B ACHR : $3.68B
EPS LHX : $9.21 ACHR : -$1.25
PS Ratio LHX : 2.33 ACHR : 1.52K
Total Revenue (TTM) LHX : $22.48B ACHR : $1.90M
Gross Profit (TTM) LHX : $5.68B ACHR : $300.00K
EBITDA (TTM) LHX : $3.85B ACHR : -$712.00M

Return for Risk

LHX vs. ACHR — Risk / Return Rank

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

LHX

LHX Risk / Return Rank: 43
LHX Sharpe Ratio Rank: 47
LHX Sortino Ratio Rank: 40
LHX Omega Ratio Rank: 39
LHX Calmar Ratio Rank: 45
LHX Martin Ratio Rank: 46

ACHR

ACHR Risk / Return Rank: 15
ACHR Sharpe Ratio Rank: 12
ACHR Sortino Ratio Rank: 13
ACHR Omega Ratio Rank: 16
ACHR Calmar Ratio Rank: 15
ACHR Martin Ratio Rank: 19

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.

LHX vs. ACHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) 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.

	LHX	ACHR	Difference
Sharpe ratio: Return per unit of total volatility	0.05	-0.71	+0.76
Sortino ratio: Return per unit of downside risk	0.27	-0.93	+1.20
Omega ratio: Gain probability vs. loss probability	1.03	0.90	+0.13
Calmar ratio: Return relative to maximum drawdown	0.05	-0.74	+0.79
Martin ratio: Return relative to average drawdown	0.13	-1.10	+1.23

LHX vs. ACHR - Sharpe Ratio Comparison

The current LHX Sharpe Ratio is 0.05, which is higher than the ACHR Sharpe Ratio of -0.71. The chart below compares the historical Sharpe Ratios of LHX 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

LHX vs. ACHR - Drawdown Comparison

The maximum LHX drawdown since its inception was -69.82%, smaller than the maximum ACHR drawdown of -83.54%. Use the drawdown chart below to compare losses from any high point for LHX and ACHR.

Drawdown Indicators

	LHX	ACHR	Difference
Max Drawdown Largest peak-to-trough decline	-69.82%	-83.54%	+13.72%
Max Drawdown (1Y) Largest decline over 1 year	-27.62%	-67.45%	+39.83%
Max Drawdown (3Y) Largest decline over 3 years	-27.62%	-67.45%	+39.83%
Max Drawdown (5Y) Largest decline over 5 years	-38.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.16%	—	—
Current Drawdown Current decline from peak	-26.03%	-64.52%	+38.49%
Average Drawdown Average peak-to-trough decline	-21.33%	-50.02%	+28.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.40%	45.47%	-34.07%

Volatility

LHX vs. ACHR - Volatility Comparison

The current volatility for L3Harris Technologies, Inc. (LHX) is 11.76%, while Archer Aviation Inc. (ACHR) has a volatility of 27.87%. This indicates that LHX 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

	LHX	ACHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.76%	27.87%	-16.11%
Volatility (6M) Calculated over the trailing 6-month period	22.19%	49.63%	-27.44%
Volatility (1Y) Calculated over the trailing 1-year period	27.77%	70.84%	-43.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.65%	86.47%	-61.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	86.47%	-60.73%

Dividends

LHX vs. ACHR - Dividend Comparison

LHX's dividend yield for the trailing twelve months is around 1.76%, while ACHR has not 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%
LHX L3Harris Technologies, Inc.	1.76%	1.64%	2.21%	2.17%	2.15%	1.91%	1.80%	1.45%	1.86%	1.55%	2.01%	2.23%

Financials

Frequently Asked Questions

Can I hold both LHX and ACHR in my portfolio?

LHX and ACHR have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LHX or ACHR?

ACHR has higher volatility (27.87%) compared to LHX (11.76%). In terms of maximum drawdown, LHX dropped -69.82% vs ACHR's -83.54%.

Which has better risk-adjusted returns?

LHX currently has the higher Sharpe Ratio (0.05 vs -0.71), 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.