ACHR vs SMCI: Correlation
Archer Aviation Inc. (ACHR) and Supermicro (SMCI) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACHR and SMCI?
Across a 3-year window, the weekly returns of ACHR and SMCI correlate at 0.45, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.45 over 3 years. Stretching to 5 years gives 0.36, with an annualized covariance of 4261.2 %².
Within ACHR's tracked universe of 26 assets, SMCI comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SMCI outperformed by 21.1 percentage points (-35.2% for ACHR against -14.1% for SMCI).
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 SMCI: side by side
| ACHR (Archer Aviation Inc.) | SMCI (Supermicro) | |
|---|---|---|
| 1-year return | -35.2% | -14.1% |
| 5-year return | -40.7% | +983.4% |
| Volatility (ann.) | 87.9% | 107.1% |
| Beta vs S&P 500 | 3.18 | 3.08 |
| Max drawdown (3Y) | -67.4% | -84.8% |
| Market cap | $4.6B | $24.9B |
| P/E (trailing) | – | 11.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ACHR | SMCI |
|---|---|---|
| 2022 | -69.0% | +86.8% |
| 2023 | +228.3% | +246.2% |
| 2024 | +58.8% | +7.2% |
| 2025 | -22.9% | -4.0% |
| 2026 | -21.1% | +31.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACHR and SMCI good diversifiers for each other?
Reasonably. At 0.45, ACHR and SMCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACHR and SMCI?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.62 over the last year and 0.36 over 5 years.
Is SMCI a good diversifier for ACHR?
Reasonably. At 0.45, ACHR and SMCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/achr-vs-smci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/achr-vs-smci/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACHR correlations · SMCI correlations
