GKOS vs. LQDA

Last updated Apr 1, 2026

Compare and contrast key facts about Glaukos Corporation (GKOS) and Liquidia Corporation (LQDA).

Performance

GKOS vs. LQDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Glaukos Corporation (GKOS) and Liquidia Corporation (LQDA). The values are adjusted to include any dividend payments, if applicable.

GKOS vs. LQDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GKOS Glaukos Corporation	-4.65%	-24.70%	88.63%	81.98%	-1.71%	-40.95%	38.17%	-3.03%	39.10%
LQDA Liquidia Corporation	9.42%	193.28%	-2.24%	88.85%	30.80%	65.08%	-30.99%	-80.26%	95.14%

Fundamentals

Market Cap GKOS : $6.19B LQDA : $3.78B
EPS GKOS : -$3.28 LQDA : -$0.76
PS Ratio GKOS : 12.13 LQDA : 21.61
PB Ratio GKOS : 9.44 LQDA : 84.38
Total Revenue (TTM) GKOS : $507.44M LQDA : $158.32M
Gross Profit (TTM) GKOS : $282.76M LQDA : $153.90M
EBITDA (TTM) GKOS : -$156.42M LQDA : -$45.21M

Returns By Period

In the year-to-date period, GKOS achieves a -4.65% return, which is significantly lower than LQDA's 9.42% return.

GKOS

• 1D: 2.52%
• 1M: -10.58%
• YTD: -4.65%
• 6M: 32.02%
• 1Y: 9.39%
• 3Y*: 29.04%
• 5Y*: 5.60%
• 10Y*: 20.17%

LQDA

• 1D: 7.28%
• 1M: 21.66%
• YTD: 9.42%
• 6M: 65.96%
• 1Y: 155.86%
• 3Y*: 76.11%
• 5Y*: 68.72%
• 10Y*: —

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

Return for Risk

GKOS vs. LQDA — Risk / Return Rank

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

GKOS

GKOS Risk / Return Rank: 47
GKOS Sharpe Ratio Rank: 49
GKOS Sortino Ratio Rank: 46
GKOS Omega Ratio Rank: 45
GKOS Calmar Ratio Rank: 46
GKOS Martin Ratio Rank: 46

LQDA

LQDA Risk / Return Rank: 89
LQDA Sharpe Ratio Rank: 93
LQDA Sortino Ratio Rank: 89
LQDA Omega Ratio Rank: 86
LQDA Calmar Ratio Rank: 91
LQDA Martin Ratio Rank: 88

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.

GKOS vs. LQDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Glaukos Corporation (GKOS) and Liquidia Corporation (LQDA). 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.

	GKOS	LQDA	Difference
Sharpe ratio Return per unit of total volatility	0.19	2.28	-2.09
Sortino ratio Return per unit of downside risk	0.64	2.76	-2.11
Omega ratio Gain probability vs. loss probability	1.08	1.34	-0.25
Calmar ratio Return relative to maximum drawdown	0.19	3.97	-3.78
Martin ratio Return relative to average drawdown	0.43	9.04	-8.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GKOS vs. LQDA - Sharpe Ratio Comparison

The current GKOS Sharpe Ratio is 0.19, which is lower than the LQDA Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of GKOS and LQDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GKOS	LQDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	2.28	-2.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.95	-0.84
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.20	+0.03

Correlation

The correlation between GKOS and LQDA is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GKOS vs. LQDA - Dividend Comparison

Neither GKOS nor LQDA has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GKOS vs. LQDA - Drawdown Comparison

The maximum GKOS drawdown since its inception was -69.57%, smaller than the maximum LQDA drawdown of -93.87%. Use the drawdown chart below to compare losses from any high point for GKOS and LQDA.

Drawdown Indicators

	GKOS	LQDA	Difference
Max Drawdown Largest peak-to-trough decline	-69.57%	-93.87%	+24.30%
Max Drawdown (1Y) Largest decline over 1 year	-29.92%	-37.82%	+7.90%
Max Drawdown (5Y) Largest decline over 5 years	-64.32%	-55.36%	-8.96%
Max Drawdown (10Y) Largest decline over 10 years	-69.57%	—	—
Current Drawdown Current decline from peak	-33.22%	-19.06%	-14.16%
Average Drawdown Average peak-to-trough decline	-27.87%	-71.10%	+43.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.03%	16.61%	-3.58%

Volatility

GKOS vs. LQDA - Volatility Comparison

The current volatility for Glaukos Corporation (GKOS) is 13.32%, while Liquidia Corporation (LQDA) has a volatility of 16.81%. This indicates that GKOS experiences smaller price fluctuations and is considered to be less risky than LQDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GKOS	LQDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.32%	16.81%	-3.49%
Volatility (6M) Calculated over the trailing 6-month period	35.21%	44.56%	-9.35%
Volatility (1Y) Calculated over the trailing 1-year period	50.21%	68.87%	-18.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.98%	72.66%	-23.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.20%	85.89%	-33.69%

Financials