NKLA vs. SCHD

Last updated Aug 1, 2026

NKLA (Nikola Corporation) is a stock, while SCHD (Schwab U.S. Dividend Equity ETF) is Dividend fund tracking the Dow Jones U.S. Dividend 100 Index.

Performance

NKLA vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nikola Corporation (NKLA) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NKLA

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

SCHD

• 1D: 0.18%
• 1M: 3.33%
• 6M: 14.09%
• YTD: 24.03%
• 1Y: 31.54%
• 3Y*: 14.19%
• 5Y*: 9.54%
• 10Y*: 12.76%
• ALL TIME*: 13.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NKLA Nikola Corporation	$0.00	$0.00	$0.00
SCHD Schwab U.S. Dividend Equity ETF	$786.88M	$715.86M	$685.58M

NKLA vs. SCHD - Yearly Performance Comparison

	2026 (YTD)
NKLA Nikola Corporation	0.00%
SCHD Schwab U.S. Dividend Equity ETF	9.85%

Return for Risk

NKLA vs. SCHD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NKLA

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

SCHD

SCHD Risk / Return Rank: 95
SCHD Sharpe Ratio Rank: 96
SCHD Sortino Ratio Rank: 96
SCHD Omega Ratio Rank: 94
SCHD Calmar Ratio Rank: 96
SCHD Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NKLA vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nikola Corporation (NKLA) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

	NKLA	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	—	2.81	—
Sortino ratio: Return per unit of downside risk	—	4.37	—
Omega ratio: Gain probability vs. loss probability	—	1.51	—
Calmar ratio: Return relative to maximum drawdown	—	6.74	—
Martin ratio: Return relative to average drawdown	—	17.01	—

Drawdowns

NKLA vs. SCHD - Drawdown Comparison

The maximum NKLA drawdown since its inception was 0.00%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for NKLA and SCHD.

Drawdown Indicators

	NKLA	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-33.37%	+33.37%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	0.00%	-1.24%	+1.24%
Average Drawdown Average peak-to-trough decline	0.00%	-3.30%	+3.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.82%	—

Volatility

Volatility by Period

	NKLA	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	11.13%	-11.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	14.39%	-14.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	16.72%	-16.72%

Dividends

NKLA vs. SCHD - Dividend Comparison

NKLA has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.13%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NKLA Nikola Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.13%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%