NKLA vs. ^SP500TR

Last updated Apr 2, 2026

Compare and contrast key facts about Nikola Corporation (NKLA) and S&P 500 Total Return (^SP500TR).

Performance

NKLA vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nikola Corporation (NKLA) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

NKLA vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)
NKLA Nikola Corporation	0.00%
^SP500TR S&P 500 Total Return	-4.94%

Returns By Period

NKLA

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

^SP500TR

• 1D: 0.72%
• 1M: -4.34%
• YTD: -3.64%
• 6M: -1.43%
• 1Y: 18.20%
• 3Y*: 18.60%
• 5Y*: 11.96%
• 10Y*: 14.17%

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

Return for Risk

NKLA vs. ^SP500TR — Risk / Return Rank

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

^SP500TR

^SP500TR Risk / Return Rank: 72
^SP500TR Sharpe Ratio Rank: 66
^SP500TR Sortino Ratio Rank: 69
^SP500TR Omega Ratio Rank: 74
^SP500TR Calmar Ratio Rank: 67
^SP500TR Martin Ratio Rank: 83

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.

NKLA vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nikola Corporation (NKLA) and S&P 500 Total Return (^SP500TR). 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.

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

Sharpe Ratios by Period

	NKLA	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.62	—

Drawdowns

NKLA vs. ^SP500TR - Drawdown Comparison

The maximum NKLA drawdown since its inception was 0.00%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for NKLA and ^SP500TR.

Drawdown Indicators

	NKLA	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-55.25%	+55.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	0.00%	-5.55%	+5.55%
Average Drawdown Average peak-to-trough decline	0.00%	-8.20%	+8.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.55%	—

Volatility

Volatility by Period

	NKLA	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.32%	-18.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	16.90%	-16.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	18.05%	-18.05%