ALE vs ACHR
Comparison between ALLETE, Inc. (ALE, Company) and Archer Aviation Inc - Class A (ACHR, Company).
ALE is from the Utilities sector, while ACHR is from the Industrials sector.
5-Year PerformanceALE has outperformed ACHR, delivering a return of +2.7% compared to -8.8%
ALE vs ACHR - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ALE vs ACHR - Historical Returns
Returns include dividend reinvestment.
ALE vs ACHR - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ALE | ACHR |
|---|---|---|
| 2026 | +0.00% | -22.76% |
| 2025 | +8.18% | -21.42% |
| 2024 | +8.85% | +67.81% |
| 2023 | -1.62% | +218.13% |
| 2022 | +1.27% | -69.69% |
| 2021 | +11.92% | -40.14% |
| 2020 | -19.81% | +0.90% |
| 2019 | +13.71% | N/A |
| 2018 | +6.41% | N/A |
| 2017 | +20.35% | N/A |
| 2016 | +33.87% | N/A |
| 2015 | -4.59% | N/A |
| 2014 | +16.73% | N/A |
| 2013 | +22.93% | N/A |
| 2012 | +4.37% | N/A |
| 2011 | +16.34% | N/A |
| 2010 | +18.89% | N/A |
| 2009 | +6.66% | N/A |
| 2008 | -12.20% | N/A |
| 2007 | -12.13% | N/A |
| 2006 | +5.41% | N/A |
| 2005 | +24.22% | N/A |
| 2004 | +24.41% | N/A |
| 2003 | +38.15% | N/A |
| 2002 | -7.76% | N/A |
| 2001 | +11.58% | N/A |
| 2000 | +61.13% | N/A |
| 1999 | -7.48% | N/A |
ALE vs ACHR Drawdown Comparison
The maximum drawdown for ALE was -48.82%, occurring on Mar 5, 2009. Recovery took 1056 trading sessions.
The maximum drawdown for ACHR was -90.49%, occurring on Dec 27, 2022. This drawdown has not yet recovered.
The current ALE drawdown is -0.82%. The current ACHR drawdown is -63.36%.
| Rank | ALE | ACHR |
|---|---|---|
| #1 | -48.82% Apr 25, 2007 - Jul 1, 2011 | -90.49% Feb 18, 2021 - Dec 27, 2022 |
| #2 | -42.20% Sep 25, 2019 - May 15, 2020 | -4.47% Jan 25, 2021 - Feb 2, 2021 |
| #3 | -37.23% May 2, 2002 - Oct 24, 2003 | -3.69% Feb 11, 2021 - Feb 16, 2021 |
| #4 | -26.84% Jun 10, 2004 - Nov 12, 2004 | -3.64% Dec 28, 2020 - Jan 12, 2021 |
| #5 | -21.32% Jan 27, 2015 - Mar 10, 2016 | -0.71% Feb 5, 2021 - Feb 10, 2021 |
| #6 | -20.22% Sep 4, 2001 - Jan 30, 2002 | -0.67% Jan 14, 2021 - Jan 19, 2021 |
| #7 | -19.20% Nov 5, 1999 - Apr 25, 2000 | -0.57% Jan 19, 2021 - Jan 22, 2021 |
| #8 | -18.63% Dec 28, 2000 - Mar 30, 2001 | -0.50% Dec 21, 2020 - Dec 28, 2020 |
| #9 | -18.57% Jul 11, 2005 - Feb 6, 2007 | N/A |
| #10 | -15.85% Nov 30, 2017 - Jul 5, 2018 | N/A |
| #11 | -14.65% Sep 11, 2000 - Dec 8, 2000 | N/A |
| #12 | -13.60% Mar 31, 2014 - Oct 30, 2014 | N/A |
| #13 | -13.49% Jul 21, 2011 - Dec 22, 2011 | N/A |
| #14 | -13.45% Jun 28, 2000 - Jul 10, 2000 | N/A |
| #15 | -13.40% Jul 30, 2013 - Mar 25, 2014 | N/A |
Correlation
Correlation between ALE and ACHR is 0.29 which considered as a very weak or no correlation - the stocks move independently of each other.
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