BLDE vs LWAC
Comparison between Blade Air Mobility Inc - Class A (BLDE, Company) and LightWave Acquisition Corp - Class A (LWAC, Company).
BLDE vs LWAC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
BLDE
$385M
LWAC
$383M
Max Drawdown
BLDE
88.82%
Winner
LWAC
0.99%
Sharpe Ratio
Winner
BLDE
0.85
LWAC
-0.50
5Y Beta
BLDE
N/A
LWAC
-0.01
Industry
BLDE
N/A
LWAC
Shell Companies
P/E Ratio
BLDE
-19.61
LWAC
N/A
Debt to Equity
BLDE
0.00%
LWAC
N/A
Free Cash Flow Yield
BLDE
-4.56%
LWAC
N/A
P/S Ratio
BLDE
1.28
LWAC
N/A
P/B Ratio
BLDE
1.72
LWAC
N/A
BLDE vs LWAC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
BLDE
+8.36%
LWAC
+0.00%
3M
Winner
BLDE
+26.47%
LWAC
+0.99%
6M
Winner
BLDE
+39.94%
LWAC
+1.69%
1Y
Winner
BLDE
+54.58%
LWAC
+2.10%
5Y(CAGR)
BLDE
-13.89%
LWAC
N/A
Max(CAGR)
BLDE
-11.70%
Winner
LWAC
+2.56%
BLDE vs LWAC - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | BLDE | LWAC |
|---|---|---|
| 2026 | N/A | +1.69% |
| 2025 | +11.29% | +0.40% |
| 2024 | +24.63% | N/A |
| 2023 | +4.44% | N/A |
| 2022 | -59.87% | N/A |
| 2021 | -21.16% | N/A |
| 2020 | +12.72% | N/A |
| 2019 | +0.82% | N/A |
BLDE vs LWAC Drawdown Comparison
The maximum drawdown for BLDE was -88.82%, occurring on Nov 1, 2023. This drawdown has not yet recovered.
The maximum drawdown for LWAC was -0.99%, occurring on Dec 15, 2025. Recovery took 84 trading sessions.
The current BLDE drawdown is -74.57%. The current LWAC drawdown is -0.10%.
| Rank | BLDE | LWAC |
|---|---|---|
| #1 | -88.82% Feb 16, 2021 - Nov 1, 2023 | -0.99% Nov 14, 2025 - Mar 19, 2026 |
| #2 | -7.65% Jan 21, 2021 - Feb 1, 2021 | -0.60% Aug 22, 2025 - Oct 9, 2025 |
| #3 | -6.87% Mar 5, 2020 - Jul 6, 2020 | -0.40% Oct 9, 2025 - Oct 20, 2025 |
| #4 | -5.08% Jul 28, 2020 - Dec 18, 2020 | -0.39% Mar 20, 2026 - Mar 24, 2026 |
| #5 | -3.96% Jan 14, 2021 - Jan 21, 2021 | -0.39% Mar 24, 2026 - May 29, 2026 |
| #6 | -3.48% Feb 2, 2021 - Feb 9, 2021 | -0.25% Aug 15, 2025 - Aug 22, 2025 |
| #7 | -2.74% Dec 29, 2020 - Jan 8, 2021 | -0.20% Oct 21, 2025 - Oct 31, 2025 |
| #8 | -2.21% Jan 12, 2021 - Jan 14, 2021 | -0.10% Nov 5, 2025 - Nov 11, 2025 |
| #9 | -1.17% Jul 21, 2020 - Jul 27, 2020 | -0.10% May 29, 2026 - Jun 11, 2026 |
| #10 | -0.80% Jan 9, 2020 - Mar 5, 2020 | N/A |
| #11 | -0.51% Nov 7, 2019 - Nov 19, 2019 | N/A |
| #12 | -0.46% Dec 22, 2020 - Dec 24, 2020 | N/A |
| #13 | -0.39% Jul 16, 2020 - Jul 21, 2020 | N/A |
| #14 | -0.30% Jul 6, 2020 - Jul 13, 2020 | N/A |
| #15 | -0.20% Dec 16, 2019 - Jan 3, 2020 | N/A |
Correlation
Correlation between BLDE and LWAC is 0.00 which considered as a very weak or no correlation - the stocks move independently of each other.
0.00
-101
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