WEAV vs. ACHV

Last updated Jun 25, 2026

WEAV (Weave Communications, Inc.) and ACHV (Achieve Life Sciences, Inc.) are both stocks. WEAV operates in Software - Application (Technology), while ACHV operates in Biotechnology (Healthcare). Over the past 3 years, WEAV returned -15.90%/yr vs -3.57%/yr for ACHV. At a 0.20 correlation, their price movements are largely independent.

Performance

WEAV vs. ACHV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weave Communications, Inc. (WEAV) and Achieve Life Sciences, Inc. (ACHV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEAV achieves a -28.46% return, which is significantly lower than ACHV's 6.64% return.

WEAV

• 1D: -0.18%
• 1M: -4.90%
• YTD: -28.46%
• 6M: -22.65%
• 1Y: -35.51%
• 3Y*: -15.90%
• 5Y*: —
• 10Y*: —

ACHV

• 1D: 5.79%
• 1M: 13.01%
• YTD: 6.64%
• 6M: 18.83%
• 1Y: 39.11%
• 3Y*: -3.57%
• 5Y*: -8.69%
• 10Y*: -44.88%

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

WEAV vs. ACHV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WEAV Weave Communications, Inc.	-28.46%	-52.32%	38.80%	150.44%	-69.83%	-30.37%
ACHV Achieve Life Sciences, Inc.	6.64%	41.19%	-14.56%	68.16%	-68.51%	-4.66%

Correlation

The correlation between WEAV and ACHV is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Nov 11, 2021	0.20

Fundamentals

Market Cap WEAV : $426.68M ACHV : $282.92M
EPS WEAV : -$0.33 ACHV : -$1.08
PB Ratio WEAV : 5.12 ACHV : 26.50
Total Revenue (TTM) WEAV : $248.72M ACHV : $0.00
Gross Profit (TTM) WEAV : $179.90M ACHV : -$111.00K
EBITDA (TTM) WEAV : -$12.23M ACHV : -$41.34M

Return for Risk

WEAV vs. ACHV — Risk / Return Rank

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

WEAV

WEAV Risk / Return Rank: 16
WEAV Sharpe Ratio Rank: 15
WEAV Sortino Ratio Rank: 17
WEAV Omega Ratio Rank: 18
WEAV Calmar Ratio Rank: 16
WEAV Martin Ratio Rank: 15

ACHV

ACHV Risk / Return Rank: 61
ACHV Sharpe Ratio Rank: 57
ACHV Sortino Ratio Rank: 63
ACHV Omega Ratio Rank: 66
ACHV Calmar Ratio Rank: 59
ACHV Martin Ratio Rank: 60

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.

WEAV vs. ACHV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weave Communications, Inc. (WEAV) and Achieve Life Sciences, Inc. (ACHV). 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.

	WEAV	ACHV	Difference
Sharpe ratio: Return per unit of total volatility	-0.64	0.39	-1.03
Sortino ratio: Return per unit of downside risk	-0.72	1.29	-2.01
Omega ratio: Gain probability vs. loss probability	0.92	1.19	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.71	0.72	-1.43
Martin ratio: Return relative to average drawdown	-1.22	1.63	-2.85

WEAV vs. ACHV - Sharpe Ratio Comparison

The current WEAV Sharpe Ratio is -0.64, which is lower than the ACHV Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of WEAV and ACHV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WEAV vs. ACHV - Drawdown Comparison

The maximum WEAV drawdown since its inception was -86.06%, smaller than the maximum ACHV drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for WEAV and ACHV.

Drawdown Indicators

	WEAV	ACHV	Difference
Max Drawdown Largest peak-to-trough decline	-86.06%	-100.00%	+13.94%
Max Drawdown (1Y) Largest decline over 1 year	-50.28%	-54.55%	+4.27%
Max Drawdown (3Y) Largest decline over 3 years	-74.94%	-66.30%	-8.64%
Max Drawdown (5Y) Largest decline over 5 years	—	-80.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-99.91%	—
Current Drawdown Current decline from peak	-75.09%	-99.99%	+24.90%
Average Drawdown Average peak-to-trough decline	-60.48%	-83.86%	+23.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.14%	24.18%	+4.96%

Volatility

WEAV vs. ACHV - Volatility Comparison

The current volatility for Weave Communications, Inc. (WEAV) is 15.58%, while Achieve Life Sciences, Inc. (ACHV) has a volatility of 22.30%. This indicates that WEAV experiences smaller price fluctuations and is considered to be less risky than ACHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEAV	ACHV	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.58%	22.30%	-6.72%
Volatility (6M) Calculated over the trailing 6-month period	43.08%	68.24%	-25.16%
Volatility (1Y) Calculated over the trailing 1-year period	55.76%	99.81%	-44.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.61%	74.40%	-9.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.61%	91.47%	-26.86%

Dividends

WEAV vs. ACHV - Dividend Comparison

Neither WEAV nor ACHV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both WEAV and ACHV in my portfolio?

WEAV and ACHV have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEAV or ACHV?

ACHV has higher volatility (22.30%) compared to WEAV (15.58%). In terms of maximum drawdown, WEAV dropped -86.06% vs ACHV's -100.00%.

Which has better risk-adjusted returns?

ACHV currently has the higher Sharpe Ratio (0.39 vs -0.64), 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.