SPIR vs. HWM
SPIR (Spire Global, Inc.) and HWM (Howmet Aerospace Inc.) are both stocks. Both are in the Industrials sector — SPIR in Specialty Business Services, HWM in Aerospace & Defense. Over the past 5 years, SPIR returned -32.15%/yr vs 54.23%/yr for HWM. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
SPIR vs. HWM - Performance Comparison
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Returns By Period
In the year-to-date period, SPIR achieves a 52.80% return, which is significantly higher than HWM's 37.81% return.
SPIR
- 1D
- 0.88%
- 1M
- -37.85%
- 6M
- 0.09%
- YTD
- 52.80%
- 1Y
- 19.25%
- 3Y*
- 27.57%
- 5Y*
- -32.15%
- 10Y*
- —
- ALL TIME*
- -28.08%
HWM
- 1D
- 1.80%
- 1M
- 4.38%
- 6M
- 35.79%
- YTD
- 37.81%
- 1Y
- 53.53%
- 3Y*
- 79.79%
- 5Y*
- 54.23%
- 10Y*
- 32.45%
- ALL TIME*
- 7.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $599.78M | $554.88M | $745.10M | |
| $8.59M | $11.25M | $24.43M |
SPIR vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPIR Spire Global, Inc. | 52.80% | -46.70% | 79.92% | 1.82% | -71.60% | -66.23% | 5.37% |
HWM Howmet Aerospace Inc. | 37.81% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 59.89% |
Correlation
The correlation between SPIR and HWM is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.24 |
The correlation between SPIR and HWM shifts across timeframes, from 0.15 (1 year) to 0.26 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
SPIR:
$372.87M
HWM:
$112.93B
SPIR:
-$2.30
HWM:
$4.32
SPIR:
15.92
HWM:
13.22
SPIR:
4.18
HWM:
20.60
SPIR:
$15.88B
HWM:
$8.62B
SPIR:
$6.33B
HWM:
$2.81B
SPIR:
-$24.64B
HWM:
$2.66B
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Return for Risk
SPIR vs. HWM — Risk / Return Rank
SPIR
HWM
SPIR vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spire Global, Inc. (SPIR) and Howmet Aerospace Inc. (HWM). 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.
| SPIR | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.31 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 3.63 | -3.38 |
| Martin ratioReturn relative to average drawdown | 0.50 | 11.10 | -10.60 |
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Drawdowns
SPIR vs. HWM - Drawdown Comparison
The maximum SPIR drawdown since its inception was -97.74%, which is greater than HWM's maximum drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for SPIR and HWM.
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Drawdown Indicators
| SPIR | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.74% | -88.30% | -9.44% |
Max Drawdown (1Y)Largest decline over 1 year | -58.63% | -15.89% | -42.74% |
Max Drawdown (3Y)Largest decline over 3 years | -66.22% | -19.41% | -46.81% |
Max Drawdown (5Y)Largest decline over 5 years | -97.74% | -20.14% | -77.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.81% | — |
Current DrawdownCurrent decline from peak | -92.24% | -2.42% | -89.82% |
Average DrawdownAverage peak-to-trough decline | -78.21% | -30.95% | -47.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.47% | 5.18% | +23.29% |
Volatility
SPIR vs. HWM - Volatility Comparison
Spire Global, Inc. (SPIR) has a higher volatility of 23.46% compared to Howmet Aerospace Inc. (HWM) at 8.39%. This indicates that SPIR's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPIR | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.46% | 8.39% | +15.07% |
Volatility (6M)Calculated over the trailing 6-month period | 79.80% | 24.95% | +54.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.94% | 31.44% | +72.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 99.23% | 32.11% | +67.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.76% | 39.67% | +53.09% |
Dividends
SPIR vs. HWM - Dividend Comparison
SPIR has not paid dividends to shareholders, while HWM's dividend yield for the trailing twelve months is around 0.17%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWM Howmet Aerospace Inc. | 0.17% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
SPIR Spire Global, 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% |
Financials
SPIR vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Spire Global, Inc. and Howmet Aerospace Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
SPIR and HWM have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPIR has higher volatility (23.46%) compared to HWM (8.39%). In terms of maximum drawdown, SPIR dropped -97.74% vs HWM's -88.30%.
HWM currently has the higher Sharpe Ratio (1.88 vs 0.14), 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.
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