ACHR vs EVTL: Correlation
Archer Aviation Inc. (ACHR) and Vertical Aerospace Ltd. (EVTL) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACHR and EVTL?
Across a 3-year window, the weekly returns of ACHR and EVTL correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 6208.9 %².
Within ACHR's tracked universe of 26 assets, EVTL comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ACHR ahead by 49.9 points (-35.2% versus -85.1%). Risk is not evenly split, since EVTL carries 1.5 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACHR vs EVTL: side by side
| ACHR (Archer Aviation Inc.) | EVTL (Vertical Aerospace Ltd.) | |
|---|---|---|
| 1-year return | -35.2% | -85.1% |
| 5-year return | -40.7% | -99.2% |
| Volatility (ann.) | 87.9% | 135.6% |
| Beta vs S&P 500 | 3.18 | 3.07 |
| Max drawdown (3Y) | -67.4% | -95.9% |
| Market cap | $4.6B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACHR | EVTL |
|---|---|---|
| 2022 | -69.0% | -49.6% |
| 2023 | +228.3% | -79.7% |
| 2024 | +58.8% | +82.8% |
| 2025 | -22.9% | -57.6% |
| 2026 | -21.1% | -86.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACHR and EVTL good diversifiers for each other?
Only partially. A correlation of 0.52 means ACHR and EVTL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ACHR and EVTL?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.48 over the last year and 0.35 over 5 years.
Is EVTL a good diversifier for ACHR?
Only partially. A correlation of 0.52 means ACHR and EVTL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/achr-vs-evtl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/achr-vs-evtl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACHR correlations · EVTL correlations
