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BLDP vs. NKLA
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

BLDP vs. NKLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ballard Power Systems Inc. (BLDP) and Nikola Corporation (NKLA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


BLDP

1D
0.24%
1M
-5.17%
YTD
66.14%
6M
55.15%
1Y
157.32%
3Y*
-7.55%
5Y*
-25.36%
10Y*
11.75%

NKLA

1D
0.00%
1M
0.00%
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BLDP vs. NKLA - Yearly Performance Comparison


2026 (YTD)
BLDP
Ballard Power Systems Inc.
107.88%
NKLA
Nikola Corporation
0.00%

Fundamentals

Total Revenue (TTM)

BLDP:

$103.13M

NKLA:

$68.86M

Gross Profit (TTM)

BLDP:

$11.79M

NKLA:

-$254.24M

EBITDA (TTM)

BLDP:

-$77.20M

NKLA:

-$887.58M

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Return for Risk

BLDP vs. NKLA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLDP
BLDP Risk / Return Rank: 8484
Overall Rank
BLDP Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
BLDP Sortino Ratio Rank: 8787
Sortino Ratio Rank
BLDP Omega Ratio Rank: 8484
Omega Ratio Rank
BLDP Calmar Ratio Rank: 8484
Calmar Ratio Rank
BLDP Martin Ratio Rank: 8080
Martin Ratio Rank

NKLA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLDP vs. NKLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ballard Power Systems Inc. (BLDP) and Nikola Corporation (NKLA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BLDPNKLADifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.32

Calmar ratioReturn relative to maximum drawdown

3.04

Martin ratioReturn relative to average drawdown

5.98

BLDP vs. NKLA - Sharpe Ratio Comparison


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Drawdowns

BLDP vs. NKLA - Drawdown Comparison

The maximum BLDP drawdown since its inception was -99.55%, which is greater than NKLA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BLDP and NKLA.


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Drawdown Indicators


BLDPNKLADifference

Max Drawdown

Largest peak-to-trough decline

-99.55%

0.00%

-99.55%

Max Drawdown (1Y)

Largest decline over 1 year

-50.50%

Max Drawdown (3Y)

Largest decline over 3 years

-78.88%

Max Drawdown (5Y)

Largest decline over 5 years

-94.73%

Max Drawdown (10Y)

Largest decline over 10 years

-97.51%

Current Drawdown

Current decline from peak

-96.81%

0.00%

-96.81%

Average Drawdown

Average peak-to-trough decline

-82.21%

0.00%

-82.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

25.64%

Volatility

BLDP vs. NKLA - Volatility Comparison


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Volatility by Period


BLDPNKLADifference

Volatility (1M)

Calculated over the trailing 1-month period

34.35%

Volatility (6M)

Calculated over the trailing 6-month period

60.88%

Volatility (1Y)

Calculated over the trailing 1-year period

84.21%

0.00%

+84.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

69.23%

0.00%

+69.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

70.89%

0.00%

+70.89%

Dividends

BLDP vs. NKLA - Dividend Comparison

Neither BLDP nor NKLA has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

BLDP vs. NKLA - Financials Comparison

This section allows you to compare key financial metrics between Ballard Power Systems Inc. and Nikola Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0010.00M20.00M30.00M40.00M50.00M20222023202420252026
19.15M
4.87M
(BLDP) Total Revenue
(NKLA) Total Revenue
Values in USD except per share items
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