UP vs. ASLE
UP (Wheels Up Experience Inc.) and ASLE (AerSale Corporation) are both stocks. Both operate in the Airports & Air Services industry within the Industrials sector. Over the past 5 years, UP returned -65.89%/yr vs -11.61%/yr for ASLE. At a 0.23 correlation, their price movements are largely independent.
Performance
UP vs. ASLE - Performance Comparison
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Returns By Period
In the year-to-date period, UP achieves a -29.83% return, which is significantly lower than ASLE's -9.56% return.
UP
- 1D
- -6.50%
- 1M
- 64.46%
- YTD
- -29.83%
- 6M
- -26.00%
- 1Y
- -65.11%
- 3Y*
- -42.12%
- 5Y*
- -65.89%
- 10Y*
- —
ASLE
- 1D
- -1.38%
- 1M
- -6.13%
- YTD
- -9.56%
- 6M
- -0.62%
- 1Y
- 10.86%
- 3Y*
- -24.82%
- 5Y*
- -11.61%
- 10Y*
- —
UP vs. ASLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UP Wheels Up Experience Inc. | -29.83% | -60.22% | -51.90% | -66.70% | -77.80% | -53.46% | 3.32% |
ASLE AerSale Corporation | -9.56% | 12.86% | -50.37% | -21.73% | -8.57% | 32.29% | 30.57% |
Correlation
The correlation between UP and ASLE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2020 | 0.23 |
Fundamentals
UP:
$332.93M
ASLE:
$303.75M
UP:
-$7.82
ASLE:
$0.25
UP:
0.45
ASLE:
0.89
UP:
$727.89M
ASLE:
$340.12M
UP:
$27.38M
ASLE:
$106.69M
UP:
-$176.99M
ASLE:
$33.95M
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Return for Risk
UP vs. ASLE — Risk / Return Rank
UP
ASLE
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 ratioReturn per unit of total volatility | -0.48 | 0.25 | -0.73 |
Sortino ratioReturn per unit of downside risk | -0.18 | 0.69 | -0.87 |
Omega ratioGain probability vs. loss probability | 0.98 | 1.09 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | -0.70 | 0.27 | -0.97 |
Martin ratioReturn relative to average drawdown | -1.00 | 0.47 | -1.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UP | ASLE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | 0.25 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.55 | -0.24 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.54 | -0.12 | -0.42 |
Drawdowns
UP vs. ASLE - Drawdown Comparison
The maximum UP drawdown since its inception was -99.78%, 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.
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Drawdown Indicators
| UP | ASLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.78% | -80.91% | -18.87% |
Max Drawdown (1Y)Largest decline over 1 year | -92.39% | -34.00% | -58.39% |
Max Drawdown (3Y)Largest decline over 3 years | -95.63% | -72.22% | -23.41% |
Max Drawdown (5Y)Largest decline over 5 years | -99.78% | -80.91% | -18.87% |
Current DrawdownCurrent decline from peak | -99.60% | -73.02% | -26.58% |
Average DrawdownAverage peak-to-trough decline | -78.84% | -35.79% | -43.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 64.72% | 19.41% | +45.31% |
Volatility
UP vs. ASLE - Volatility Comparison
Wheels Up Experience Inc. (UP) has a higher volatility of 50.40% compared to AerSale Corporation (ASLE) at 14.70%. 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.
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Volatility by Period
| UP | ASLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 50.40% | 14.70% | +35.70% |
Volatility (6M)Calculated over the trailing 6-month period | 98.84% | 26.24% | +72.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 135.67% | 44.40% | +91.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 120.96% | 48.57% | +72.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 115.12% | 46.36% | +68.76% |
Dividends
UP vs. ASLE - Dividend Comparison
Neither UP nor ASLE has paid dividends to shareholders.
Financials
UP vs. ASLE - Financials Comparison
This section allows you to compare key financial metrics between Wheels Up Experience Inc. and AerSale Corporation. 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
UP vs. ASLE - Profitability Comparison
UP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wheels Up Experience Inc. reported a gross profit of 9.73M and revenue of 168.92M. Therefore, the gross margin over that period was 5.8%.
ASLE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AerSale Corporation reported a gross profit of 18.88M and revenue of 70.61M. Therefore, the gross margin over that period was 26.7%.
UP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wheels Up Experience Inc. reported an operating income of -57.36M and revenue of 168.92M, resulting in an operating margin of -34.0%.
ASLE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AerSale Corporation reported an operating income of -3.33M and revenue of 70.61M, resulting in an operating margin of -4.7%.
UP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wheels Up Experience Inc. reported a net income of -82.96M and revenue of 168.92M, resulting in a net margin of -49.1%.
ASLE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AerSale Corporation reported a net income of -3.45M and revenue of 70.61M, resulting in a net margin of -4.9%.
Frequently Asked Questions
UP and ASLE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UP has higher volatility (50.40%) compared to ASLE (14.70%). In terms of maximum drawdown, UP dropped -99.78% vs ASLE's -80.91%.
ASLE currently has the higher Sharpe Ratio (0.25 vs -0.48), 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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