UP vs. ASLE

Last updated Apr 1, 2026

Compare and contrast key facts about Wheels Up Experience Inc. (UP) and AerSale Corporation (ASLE).

Performance

UP vs. ASLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wheels Up Experience Inc. (UP) and AerSale Corporation (ASLE). The values are adjusted to include any dividend payments, if applicable.

UP vs. ASLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UP Wheels Up Experience Inc.	-21.30%	-60.22%	-51.90%	-66.70%	-77.80%	-53.46%	3.32%
ASLE AerSale Corporation	-12.52%	12.86%	-50.37%	-21.73%	-8.57%	32.29%	30.57%

Fundamentals

Market Cap UP : $372.81M ASLE : $297.11M
EPS UP : -$0.42 ASLE : $0.18
PS Ratio UP : 0.50 ASLE : 0.88
Total Revenue (TTM) UP : $736.50M ASLE : $335.29M
Gross Profit (TTM) UP : $73.74M ASLE : $105.77M
EBITDA (TTM) UP : -$180.33M ASLE : -$7.60M

Returns By Period

In the year-to-date period, UP achieves a -21.30% return, which is significantly lower than ASLE's -12.52% return.

UP

• 1D: 19.53%
• 1M: -13.28%
• YTD: -21.30%
• 6M: -71.93%
• 1Y: -48.86%
• 3Y*: -56.62%
• 5Y*: -65.28%
• 10Y*: —

ASLE

• 1D: 2.98%
• 1M: -20.26%
• YTD: -12.52%
• 6M: -24.05%
• 1Y: -16.96%
• 3Y*: -28.78%
• 5Y*: -12.92%
• 10Y*: —

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

Return for Risk

UP vs. ASLE — Risk / Return Rank

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

UP

UP Risk / Return Rank: 28
UP Sharpe Ratio Rank: 25
UP Sortino Ratio Rank: 34
UP Omega Ratio Rank: 33
UP Calmar Ratio Rank: 23
UP Martin Ratio Rank: 26

ASLE

ASLE Risk / Return Rank: 23
ASLE Sharpe Ratio Rank: 25
ASLE Sortino Ratio Rank: 24
ASLE Omega Ratio Rank: 24
ASLE Calmar Ratio Rank: 21
ASLE Martin Ratio Rank: 23

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.

UP vs. ASLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wheels Up Experience Inc. (UP) and AerSale Corporation (ASLE). 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.

	UP	ASLE	Difference
Sharpe ratio Return per unit of total volatility	-0.38	-0.37	-0.01
Sortino ratio Return per unit of downside risk	0.16	-0.26	+0.42
Omega ratio Gain probability vs. loss probability	1.02	0.97	+0.05
Calmar ratio Return relative to maximum drawdown	-0.57	-0.60	+0.03
Martin ratio Return relative to average drawdown	-0.92	-1.04	+0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UP vs. ASLE - Sharpe Ratio Comparison

The current UP Sharpe Ratio is -0.38, which is comparable to the ASLE Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of UP and ASLE, 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

	UP	ASLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.38	-0.37	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.56	-0.27	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	-0.55	-0.13	-0.42

Correlation

The correlation between UP and ASLE is 0.23, 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

UP vs. ASLE - Dividend Comparison

Neither UP nor ASLE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

UP vs. ASLE - Drawdown Comparison

The maximum UP drawdown since its inception was -99.63%, which is greater than ASLE's maximum drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for UP and ASLE.

Drawdown Indicators

	UP	ASLE	Difference
Max Drawdown Largest peak-to-trough decline	-99.63%	-80.91%	-18.72%
Max Drawdown (1Y) Largest decline over 1 year	-86.91%	-34.00%	-52.91%
Max Drawdown (5Y) Largest decline over 5 years	-99.63%	-80.91%	-18.72%
Current Drawdown Current decline from peak	-99.55%	-73.90%	-25.65%
Average Drawdown Average peak-to-trough decline	-78.18%	-34.91%	-43.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.87%	19.57%	+34.30%

Volatility

UP vs. ASLE - Volatility Comparison

Wheels Up Experience Inc. (UP) has a higher volatility of 30.75% compared to AerSale Corporation (ASLE) at 14.82%. This indicates that UP's price experiences larger fluctuations and is considered to be riskier than ASLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UP	ASLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.75%	14.82%	+15.93%
Volatility (6M) Calculated over the trailing 6-month period	86.06%	27.22%	+58.84%
Volatility (1Y) Calculated over the trailing 1-year period	129.49%	46.18%	+83.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	117.06%	48.28%	+68.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	113.17%	46.48%	+66.69%

Financials

UP vs. ASLE - Profitability Comparison

The chart below illustrates the profitability comparison between Wheels Up Experience Inc. and AerSale Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

UP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Wheels Up Experience Inc. reported a gross profit of 46.55M and revenue of 183.84M. Therefore, the gross margin over that period was 25.3%.

ASLE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AerSale Corporation reported a gross profit of 30.99M and revenue of 90.94M. Therefore, the gross margin over that period was 34.1%.

UP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Wheels Up Experience Inc. reported an operating income of -1.71M and revenue of 183.84M, resulting in an operating margin of -0.9%.

ASLE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AerSale Corporation reported an operating income of 7.05M and revenue of 90.94M, resulting in an operating margin of 7.8%.

UP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Wheels Up Experience Inc. reported a net income of -28.88M and revenue of 183.84M, resulting in a net margin of -15.7%.

ASLE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AerSale Corporation reported a net income of 3.93M and revenue of 90.94M, resulting in a net margin of 4.3%.