NKLA vs. RIVN

Last updated Jun 3, 2026

NKLA (Nikola Corporation) and RIVN (Rivian Automotive, Inc.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector.

Performance

NKLA vs. RIVN - Performance Comparison

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

Returns By Period

NKLA

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

RIVN

• 1D: 2.01%
• 1M: 15.11%
• YTD: -12.28%
• 6M: 0.35%
• 1Y: 22.62%
• 3Y*: 6.09%
• 5Y*: —
• 10Y*: —

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

NKLA vs. RIVN - Yearly Performance Comparison

	2026 (YTD)
NKLA Nikola Corporation	0.00%
RIVN Rivian Automotive, Inc.	16.82%

Fundamentals

Total Revenue (TTM) NKLA : $68.86M RIVN : $5.53B
Gross Profit (TTM) NKLA : -$254.24M RIVN : $57.00M
EBITDA (TTM) NKLA : -$887.58M RIVN : -$3.18B

Return for Risk

NKLA vs. RIVN — Risk / Return Rank

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

RIVN

RIVN Risk / Return Rank: 52
RIVN Sharpe Ratio Rank: 53
RIVN Sortino Ratio Rank: 56
RIVN Omega Ratio Rank: 52
RIVN Calmar Ratio Rank: 51
RIVN Martin Ratio Rank: 50

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. RIVN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nikola Corporation (NKLA) and Rivian Automotive, Inc. (RIVN). 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	RIVN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.42	—

Drawdowns

NKLA vs. RIVN - Drawdown Comparison

The maximum NKLA drawdown since its inception was 0.00%, smaller than the maximum RIVN drawdown of -95.12%. Use the drawdown chart below to compare losses from any high point for NKLA and RIVN.

Drawdown Indicators

	NKLA	RIVN	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-95.12%	+95.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.54%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-69.61%	—
Current Drawdown Current decline from peak	0.00%	-89.95%	+89.95%
Average Drawdown Average peak-to-trough decline	0.00%	-86.37%	+86.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.28%	—

Volatility

Volatility by Period

	NKLA	RIVN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	63.32%	-63.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	77.37%	-77.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	77.37%	-77.37%

Dividends

NKLA vs. RIVN - Dividend Comparison

Neither NKLA nor RIVN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials