PGY vs. ACHR

Last updated Apr 2, 2026

Compare and contrast key facts about Pagaya Technologies Ltd. (PGY) and Archer Aviation Inc. (ACHR).

Performance

PGY vs. ACHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pagaya Technologies Ltd. (PGY) and Archer Aviation Inc. (ACHR). The values are adjusted to include any dividend payments, if applicable.

PGY vs. ACHR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
PGY Pagaya Technologies Ltd.	-44.02%	124.97%	-43.90%	11.29%	-79.61%
ACHR Archer Aviation Inc.	-30.72%	-22.87%	58.79%	228.34%	-57.60%

Fundamentals

Market Cap PGY : $1.19B ACHR : $3.25B
EPS PGY : $0.90 ACHR : -$1.31
PS Ratio PGY : 0.84 ACHR : 8.22K
PB Ratio PGY : 2.48 ACHR : 1.48
Total Revenue (TTM) PGY : $1.26B ACHR : $300.00K
Gross Profit (TTM) PGY : $512.17M ACHR : $0.00
EBITDA (TTM) PGY : $192.27M ACHR : -$597.30M

Returns By Period

In the year-to-date period, PGY achieves a -44.02% return, which is significantly lower than ACHR's -30.72% return.

PGY

• 1D: 0.43%
• 1M: 3.17%
• YTD: -44.02%
• 6M: -60.88%
• 1Y: 10.80%
• 3Y*: -1.49%
• 5Y*: —
• 10Y*: —

ACHR

• 1D: 0.77%
• 1M: -30.72%
• YTD: -30.72%
• 6M: -46.89%
• 1Y: -25.14%
• 3Y*: 22.13%
• 5Y*: -12.43%
• 10Y*: —

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

Return for Risk

PGY vs. ACHR — Risk / Return Rank

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

PGY

PGY Risk / Return Rank: 46
PGY Sharpe Ratio Rank: 45
PGY Sortino Ratio Rank: 50
PGY Omega Ratio Rank: 48
PGY Calmar Ratio Rank: 44
PGY Martin Ratio Rank: 44

ACHR

ACHR Risk / Return Rank: 28
ACHR Sharpe Ratio Rank: 26
ACHR Sortino Ratio Rank: 30
ACHR Omega Ratio Rank: 30
ACHR Calmar Ratio Rank: 27
ACHR Martin Ratio Rank: 27

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.

PGY vs. ACHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pagaya Technologies Ltd. (PGY) 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.

	PGY	ACHR	Difference
Sharpe ratio Return per unit of total volatility	0.13	-0.32	+0.45
Sortino ratio Return per unit of downside risk	0.83	0.04	+0.79
Omega ratio Gain probability vs. loss probability	1.10	1.00	+0.09
Calmar ratio Return relative to maximum drawdown	0.15	-0.42	+0.57
Martin ratio Return relative to average drawdown	0.30	-0.80	+1.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGY vs. ACHR - Sharpe Ratio Comparison

The current PGY Sharpe Ratio is 0.13, which is higher than the ACHR Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of PGY and ACHR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PGY	ACHR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	-0.32	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	-0.14	-0.12

Correlation

The correlation between PGY and ACHR is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PGY vs. ACHR - Dividend Comparison

Neither PGY nor ACHR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PGY vs. ACHR - Drawdown Comparison

The maximum PGY drawdown since its inception was -98.09%, which is greater than ACHR's maximum drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for PGY and ACHR.

Drawdown Indicators

	PGY	ACHR	Difference
Max Drawdown Largest peak-to-trough decline	-98.09%	-90.49%	-7.60%
Max Drawdown (1Y) Largest decline over 1 year	-75.71%	-63.78%	-11.93%
Max Drawdown (5Y) Largest decline over 5 years	—	-84.33%	—
Current Drawdown Current decline from peak	-96.74%	-69.60%	-27.14%
Average Drawdown Average peak-to-trough decline	-91.80%	-62.42%	-29.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.17%	33.43%	+5.74%

Volatility

PGY vs. ACHR - Volatility Comparison

Pagaya Technologies Ltd. (PGY) has a higher volatility of 17.79% compared to Archer Aviation Inc. (ACHR) at 15.29%. This indicates that PGY'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.

Volatility by Period

	PGY	ACHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.79%	15.29%	+2.50%
Volatility (6M) Calculated over the trailing 6-month period	57.75%	52.47%	+5.28%
Volatility (1Y) Calculated over the trailing 1-year period	84.56%	79.61%	+4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	147.44%	83.45%	+63.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	147.44%	82.83%	+64.61%

Financials