CHPT vs. SLDP

Last updated Jun 4, 2026

CHPT (ChargePoint Holdings, Inc.) and SLDP (Solid Power, Inc.) are both stocks. CHPT operates in Specialty Retail (Consumer Cyclical), while SLDP operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, CHPT returned -57.70%/yr vs -19.33%/yr for SLDP. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

CHPT vs. SLDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ChargePoint Holdings, Inc. (CHPT) and Solid Power, Inc. (SLDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHPT achieves a 14.61% return, which is significantly higher than SLDP's -21.88% return.

CHPT

• 1D: -6.85%
• 1M: 22.54%
• YTD: 14.61%
• 6M: -8.86%
• 1Y: -50.70%
• 3Y*: -65.25%
• 5Y*: -57.70%
• 10Y*: —

SLDP

• 1D: -8.54%
• 1M: -4.05%
• YTD: -21.88%
• 6M: -34.52%
• 1Y: 125.85%
• 3Y*: 14.02%
• 5Y*: -19.33%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHPT vs. SLDP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CHPT ChargePoint Holdings, Inc.	14.61%	-68.97%	-54.27%	-75.45%	-49.97%	-19.79%
SLDP Solid Power, Inc.	-21.88%	124.87%	30.34%	-42.91%	-70.94%	-12.60%

Correlation

The correlation between CHPT and SLDP is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since May 19, 2021	0.50

The correlation between CHPT and SLDP has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.

Fundamentals

Market Cap CHPT : $182.40M SLDP : $721.43K
EPS CHPT : -$9.40 SLDP : -$0.67
PS Ratio CHPT : 0.43 SLDP : 25.49
PB Ratio CHPT : 8.56 SLDP : 0.00
Total Revenue (TTM) CHPT : $411.22M SLDP : $17.84M
Gross Profit (TTM) CHPT : $125.60M SLDP : -$2.22M
EBITDA (TTM) CHPT : -$182.42M SLDP : -$63.00M

Return for Risk

CHPT vs. SLDP — Risk / Return Rank

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

CHPT

CHPT Risk / Return Rank: 15
CHPT Sharpe Ratio Rank: 11
CHPT Sortino Ratio Rank: 13
CHPT Omega Ratio Rank: 14
CHPT Calmar Ratio Rank: 15
CHPT Martin Ratio Rank: 20

SLDP

SLDP Risk / Return Rank: 73
SLDP Sharpe Ratio Rank: 73
SLDP Sortino Ratio Rank: 78
SLDP Omega Ratio Rank: 75
SLDP Calmar Ratio Rank: 72
SLDP Martin Ratio Rank: 66

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.

CHPT vs. SLDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ChargePoint Holdings, Inc. (CHPT) and Solid Power, Inc. (SLDP). 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.

	CHPT	SLDP	Difference
Sharpe ratio: Return per unit of total volatility	-0.71	1.08	-1.79
Sortino ratio: Return per unit of downside risk	-0.86	2.28	-3.14
Omega ratio: Gain probability vs. loss probability	0.90	1.27	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.69	1.83	-2.52
Martin ratio: Return relative to average drawdown	-0.99	3.03	-4.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHPT vs. SLDP - Sharpe Ratio Comparison

The current CHPT Sharpe Ratio is -0.71, which is lower than the SLDP Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of CHPT and SLDP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CHPT	SLDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.71	1.08	-1.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.73	-0.22	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	-0.23	-0.27

Drawdowns

CHPT vs. SLDP - Drawdown Comparison

The maximum CHPT drawdown since its inception was -99.51%, which is greater than SLDP's maximum drawdown of -93.46%. Use the drawdown chart below to compare losses from any high point for CHPT and SLDP.

Drawdown Indicators

	CHPT	SLDP	Difference
Max Drawdown Largest peak-to-trough decline	-99.51%	-93.46%	-6.05%
Max Drawdown (1Y) Largest decline over 1 year	-74.18%	-69.10%	-5.08%
Max Drawdown (3Y) Largest decline over 3 years	-97.69%	-69.51%	-28.18%
Max Drawdown (5Y) Largest decline over 5 years	-99.37%	-93.46%	-5.91%
Current Drawdown Current decline from peak	-99.17%	-76.57%	-22.60%
Average Drawdown Average peak-to-trough decline	-64.85%	-68.70%	+3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.26%	41.65%	+9.61%

Volatility

CHPT vs. SLDP - Volatility Comparison

The current volatility for ChargePoint Holdings, Inc. (CHPT) is 18.55%, while Solid Power, Inc. (SLDP) has a volatility of 25.00%. This indicates that CHPT experiences smaller price fluctuations and is considered to be less risky than SLDP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHPT	SLDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.55%	25.00%	-6.45%
Volatility (6M) Calculated over the trailing 6-month period	47.99%	47.68%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	73.02%	116.78%	-43.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.37%	86.90%	-7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.74%	86.53%	-9.79%

Dividends

CHPT vs. SLDP - Dividend Comparison

Neither CHPT nor SLDP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CHPT and SLDP in my portfolio?

CHPT and SLDP have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHPT or SLDP?

SLDP has higher volatility (25.00%) compared to CHPT (18.55%). In terms of maximum drawdown, CHPT dropped -99.51% vs SLDP's -93.46%.

Which has better risk-adjusted returns?

SLDP currently has the higher Sharpe Ratio (1.08 vs -0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.