NKLA vs. SPCE

Last updated Apr 1, 2026

Compare and contrast key facts about Nikola Corporation (NKLA) and Virgin Galactic Holdings, Inc. (SPCE).

Performance

NKLA vs. SPCE - Performance Comparison

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

NKLA vs. SPCE - Yearly Performance Comparison

	2026 (YTD)
NKLA Nikola Corporation	0.00%
SPCE Virgin Galactic Holdings, Inc.	-3.95%

Fundamentals

Total Revenue (TTM) NKLA : $68.86M SPCE : $1.54M
Gross Profit (TTM) NKLA : -$254.24M SPCE : -$57.41M
EBITDA (TTM) NKLA : -$887.58M SPCE : -$255.68M

Returns By Period

NKLA

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

SPCE

• 1D: 11.98%
• 1M: -4.71%
• YTD: -24.30%
• 6M: -37.05%
• 1Y: -19.80%
• 3Y*: -68.93%
• 5Y*: -66.94%
• 10Y*: —

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

Return for Risk

NKLA vs. SPCE — Risk / Return Rank

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

SPCE

SPCE Risk / Return Rank: 33
SPCE Sharpe Ratio Rank: 31
SPCE Sortino Ratio Rank: 37
SPCE Omega Ratio Rank: 35
SPCE Calmar Ratio Rank: 32
SPCE Martin Ratio Rank: 33

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. SPCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nikola Corporation (NKLA) and Virgin Galactic Holdings, Inc. (SPCE). 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	SPCE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.53	—

Dividends

NKLA vs. SPCE - Dividend Comparison

Neither NKLA nor SPCE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NKLA vs. SPCE - Drawdown Comparison

The maximum NKLA drawdown since its inception was 0.00%, smaller than the maximum SPCE drawdown of -99.82%. Use the drawdown chart below to compare losses from any high point for NKLA and SPCE.

Drawdown Indicators

	NKLA	SPCE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-99.82%	+99.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-54.79%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.81%	—
Current Drawdown Current decline from peak	0.00%	-99.80%	+99.80%
Average Drawdown Average peak-to-trough decline	0.00%	-77.89%	+77.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	31.48%	—

Volatility

Volatility by Period

	NKLA	SPCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	51.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	85.71%	-85.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	91.98%	-91.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	95.83%	-95.83%

Financials