POLEU vs SLNH

Comparison between Andretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War) (POLEU, Company) and Soluna Holdings Inc (SLNH, Company).

Both POLEU and SLNH are from the Financial Services sector.

POLEU vs SLNH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	POLEU(COMPANY)	SLNH(COMPANY)
Market Cap	$223M	$221M
Max Drawdown	11.66%	99.90%
Sharpe Ratio	0.09	1.23
5Y Beta	0.10	2.90
Industry	Shell Companies	Capital Markets
P/E Ratio	99.85	-1.43
Debt to Equity	N/A	49.97%
Free Cash Flow Yield	N/A	-16.80%
P/S Ratio	N/A	10.79
P/B Ratio	-23.48	4.72

Market Cap

Winner

POLEU

$223M

SLNH

$221M

Max Drawdown

Winner

POLEU

11.66%

SLNH

99.90%

Sharpe Ratio

POLEU

0.09

Winner

SLNH

1.23

5Y Beta

Winner

POLEU

0.10

SLNH

2.90

Industry

POLEU

Shell Companies

SLNH

Capital Markets

P/E Ratio

POLEU

99.85

Winner

SLNH

-1.43

Debt to Equity

POLEU

N/A

SLNH

49.97%

Free Cash Flow Yield

POLEU

N/A

SLNH

-16.80%

P/S Ratio

POLEU

N/A

SLNH

10.79

P/B Ratio

Winner

POLEU

-23.48

SLNH

4.72

POLEU vs SLNH - Historical Returns

Returns include dividend reinvestment.

Period	POLEU	SLNH
1 month	+1.12%	-16.85%
3 months	-7.20%	+89.69%
6 months	-4.58%	-22.51%
1 year	+2.95%	+129.53%
5 years(CAGR)	N/A	-62.44%
10 years(CAGR)	N/A	-17.96%
Max(CAGR)	+4.80%	-9.66%

Winner

POLEU

+1.12%

SLNH

-16.85%

POLEU

-7.20%

Winner

SLNH

+89.69%

Winner

POLEU

-4.58%

SLNH

-22.51%

POLEU

+2.95%

Winner

SLNH

+129.53%

5Y(CAGR)

POLEU

N/A

SLNH

-62.44%

10Y(CAGR)

POLEU

N/A

SLNH

-17.96%

Max(CAGR)

Winner

POLEU

+4.80%

SLNH

-9.66%

POLEU vs SLNH - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	POLEU	SLNH
2026	-7.20%	+4.96%
2025	+5.57%	-46.33%
2024	+0.70%	-50.70%
2023	N/A	-46.67%
2022	N/A	-97.58%
2021	N/A	+115.20%
2020	N/A	+602.99%
2019	N/A	+44.02%
2018	N/A	-19.25%
2017	N/A	-30.34%
2016	N/A	+54.27%
2015	N/A	+32.36%
2014	N/A	-21.09%
2013	N/A	+535.29%
2012	N/A	-68.52%
2011	N/A	-8.91%
2010	N/A	-21.43%
2009	N/A	+18.64%

POLEU vs SLNH Drawdown Comparison

The maximum drawdown for POLEU was -11.66%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for SLNH was -99.90%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current POLEU drawdown is -11.66%. The current SLNH drawdown is -99.64%.

Rank	POLEU	SLNH
#1	-11.66% May 22, 2026 - Jun 10, 2026	-99.90% Nov 15, 2021 - Apr 8, 2025
#2	-8.23% Jan 2, 2026 - May 22, 2026	-90.79% Nov 10, 2009 - Aug 5, 2013
#3	-6.52% Dec 11, 2025 - Jan 2, 2026	-68.61% Apr 9, 2019 - Sep 11, 2020
#4	-2.54% Nov 14, 2024 - Feb 28, 2025	-64.71% Mar 21, 2014 - Mar 11, 2019
#5	-2.48% May 13, 2025 - Jun 3, 2025	-53.99% Aug 5, 2013 - Mar 20, 2014
#6	-2.21% Feb 28, 2025 - May 13, 2025	-53.47% Mar 22, 2021 - Nov 11, 2021
#7	-0.70% Oct 4, 2024 - Nov 7, 2024	-52.94% May 7, 2009 - Sep 10, 2009
#8	-0.47% Nov 7, 2025 - Dec 11, 2025	-48.39% Feb 19, 2021 - Mar 22, 2021
#9	-0.40% Nov 7, 2024 - Nov 14, 2024	-34.85% Jan 6, 2021 - Feb 12, 2021
#10	-0.29% Jun 3, 2025 - Nov 7, 2025	-19.20% Sep 21, 2009 - Oct 1, 2009
#11	-0.18% Sep 19, 2024 - Sep 26, 2024	-17.86% Oct 1, 2009 - Nov 2, 2009
#12	-0.10% Sep 9, 2024 - Sep 16, 2024	-17.70% Oct 16, 2020 - Dec 16, 2020
#13	-0.06% Sep 16, 2024 - Sep 19, 2024	-15.25% Apr 28, 2009 - May 1, 2009
#14	N/A	-11.23% Feb 16, 2021 - Feb 19, 2021
#15	N/A	-10.67% Mar 13, 2019 - Apr 8, 2019

Correlation

Correlation between POLEU and SLNH is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

-101