SOUNW vs. SRFM

Last updated Apr 2, 2026

Compare and contrast key facts about SoundHound AI Inc. (SOUNW) and Surf Air Mobility Inc. (SRFM).

Performance

SOUNW vs. SRFM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoundHound AI Inc. (SOUNW) and Surf Air Mobility Inc. (SRFM). The values are adjusted to include any dividend payments, if applicable.

SOUNW vs. SRFM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SOUNW SoundHound AI Inc.	-39.94%	-69.90%	3,356.94%	-33.12%
SRFM Surf Air Mobility Inc.	-39.69%	-64.01%	-50.32%	-50.79%

Fundamentals

EPS SOUNW : -$0.00 SRFM : -$7.93
PS Ratio SOUNW : 1.40K SRFM : 0.15
Total Revenue (TTM) SOUNW : $168.92M SRFM : $106.56M
Gross Profit (TTM) SOUNW : $71.55M SRFM : $4.18M
EBITDA (TTM) SOUNW : $25.20M SRFM : -$92.26M

Returns By Period

The year-to-date returns for both investments are quite close, with SOUNW having a -39.94% return and SRFM slightly higher at -39.69%.

SOUNW

• 1D: -4.12%
• 1M: -29.74%
• YTD: -39.94%
• 6M: -71.44%
• 1Y: -40.11%
• 3Y*: 84.09%
• 5Y*: —
• 10Y*: —

SRFM

• 1D: 1.74%
• 1M: -40.00%
• YTD: -39.69%
• 6M: -73.88%
• 1Y: -56.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

SOUNW vs. SRFM — Risk / Return Rank

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

SOUNW

SOUNW Risk / Return Rank: 28
SOUNW Sharpe Ratio Rank: 25
SOUNW Sortino Ratio Rank: 34
SOUNW Omega Ratio Rank: 33
SOUNW Calmar Ratio Rank: 25
SOUNW Martin Ratio Rank: 24

SRFM

SRFM Risk / Return Rank: 26
SRFM Sharpe Ratio Rank: 23
SRFM Sortino Ratio Rank: 32
SRFM Omega Ratio Rank: 32
SRFM Calmar Ratio Rank: 19
SRFM Martin Ratio Rank: 22

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.

SOUNW vs. SRFM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoundHound AI Inc. (SOUNW) and Surf Air Mobility Inc. (SRFM). 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.

	SOUNW	SRFM	Difference
Sharpe ratio Return per unit of total volatility	-0.34	-0.38	+0.04
Sortino ratio Return per unit of downside risk	0.21	0.14	+0.07
Omega ratio Gain probability vs. loss probability	1.02	1.02	+0.01
Calmar ratio Return relative to maximum drawdown	-0.49	-0.64	+0.15
Martin ratio Return relative to average drawdown	-0.95	-1.01	+0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOUNW vs. SRFM - Sharpe Ratio Comparison

The current SOUNW Sharpe Ratio is -0.34, which is comparable to the SRFM Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of SOUNW and SRFM, 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

	SOUNW	SRFM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.34	-0.38	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	-0.43	+0.52

Correlation

The correlation between SOUNW and SRFM is 0.24, 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

SOUNW vs. SRFM - Dividend Comparison

Neither SOUNW nor SRFM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SOUNW vs. SRFM - Drawdown Comparison

The maximum SOUNW drawdown since its inception was -94.64%, roughly equal to the maximum SRFM drawdown of -95.69%. Use the drawdown chart below to compare losses from any high point for SOUNW and SRFM.

Drawdown Indicators

	SOUNW	SRFM	Difference
Max Drawdown Largest peak-to-trough decline	-94.64%	-95.69%	+1.05%
Max Drawdown (1Y) Largest decline over 1 year	-82.42%	-87.95%	+5.53%
Current Drawdown Current decline from peak	-87.65%	-94.69%	+7.04%
Average Drawdown Average peak-to-trough decline	-59.86%	-79.51%	+19.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.50%	55.88%	-13.38%

Volatility

SOUNW vs. SRFM - Volatility Comparison

SoundHound AI Inc. (SOUNW) has a higher volatility of 35.11% compared to Surf Air Mobility Inc. (SRFM) at 31.22%. This indicates that SOUNW's price experiences larger fluctuations and is considered to be riskier than SRFM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOUNW	SRFM	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.11%	31.22%	+3.89%
Volatility (6M) Calculated over the trailing 6-month period	79.18%	68.80%	+10.38%
Volatility (1Y) Calculated over the trailing 1-year period	117.74%	147.56%	-29.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	225.69%	153.90%	+71.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	225.69%	153.90%	+71.79%

Financials