PROX.BR vs. SPCE

Last updated Jun 5, 2026

PROX.BR (Proximus PLC) and SPCE (Virgin Galactic Holdings, Inc.) are both stocks. PROX.BR operates in Telecom Services (Communication Services), while SPCE operates in Aerospace & Defense (Industrials). Over the past 5 years, PROX.BR returned -7.24%/yr vs -62.05%/yr for SPCE. At a 0.04 correlation, their price movements are largely independent.

Performance

PROX.BR vs. SPCE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Proximus PLC (PROX.BR) and Virgin Galactic Holdings, Inc. (SPCE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PROX.BR is traded in EUR, while SPCE is traded in USD. To make them comparable, the SPCE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, PROX.BR achieves a -1.32% return, which is significantly lower than SPCE's 48.72% return.

PROX.BR

• 1D: -1.47%
• 1M: 2.77%
• YTD: -1.32%
• 6M: -3.37%
• 1Y: -5.02%
• 3Y*: 8.39%
• 5Y*: -7.24%
• 10Y*: -5.97%

SPCE

• 1D: 9.87%
• 1M: 93.94%
• YTD: 48.72%
• 6M: 5.40%
• 1Y: 37.71%
• 3Y*: -61.45%
• 5Y*: -62.05%
• 10Y*: —

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

PROX.BR vs. SPCE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PROX.BR Proximus PLC	-1.32%	48.93%	-29.07%	9.28%	-42.25%	13.29%	-31.43%	-3.52%
SPCE Virgin Galactic Holdings, Inc.	48.72%	-51.89%	-87.21%	-31.71%	-72.38%	-39.40%	88.52%	-3.01%

Correlation

The correlation between PROX.BR and SPCE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (All Time) Calculated using the full available price history since Oct 29, 2019	0.04

Return for Risk

PROX.BR vs. SPCE — Risk / Return Rank

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

PROX.BR

PROX.BR Risk / Return Rank: 33
PROX.BR Sharpe Ratio Rank: 35
PROX.BR Sortino Ratio Rank: 30
PROX.BR Omega Ratio Rank: 30
PROX.BR Calmar Ratio Rank: 35
PROX.BR Martin Ratio Rank: 36

SPCE

SPCE Risk / Return Rank: 59
SPCE Sharpe Ratio Rank: 56
SPCE Sortino Ratio Rank: 63
SPCE Omega Ratio Rank: 62
SPCE Calmar Ratio Rank: 58
SPCE Martin Ratio Rank: 55

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.

PROX.BR vs. SPCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Proximus PLC (PROX.BR) 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.

	PROX.BR	SPCE	Difference
Sharpe ratio: Return per unit of total volatility	-0.17	0.38	-0.54
Sortino ratio: Return per unit of downside risk	-0.02	1.34	-1.35
Omega ratio: Gain probability vs. loss probability	1.00	1.17	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.23	0.72	-0.94
Martin ratio: Return relative to average drawdown	-0.35	1.21	-1.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PROX.BR vs. SPCE - Sharpe Ratio Comparison

The current PROX.BR Sharpe Ratio is -0.17, which is lower than the SPCE Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of PROX.BR and SPCE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PROX.BR	SPCE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.17	0.38	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	-0.65	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	-0.46	+0.54

Drawdowns

PROX.BR vs. SPCE - Drawdown Comparison

The maximum PROX.BR drawdown since its inception was -70.40%, smaller than the maximum SPCE drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for PROX.BR and SPCE.

Drawdown Indicators

	PROX.BR	SPCE	Difference
Max Drawdown Largest peak-to-trough decline	-70.40%	-99.81%	+29.41%
Max Drawdown (1Y) Largest decline over 1 year	-22.00%	-52.73%	+30.73%
Max Drawdown (3Y) Largest decline over 3 years	-38.02%	-98.28%	+60.26%
Max Drawdown (5Y) Largest decline over 5 years	-60.67%	-99.80%	+39.13%
Max Drawdown (10Y) Largest decline over 10 years	-70.40%	—	—
Current Drawdown Current decline from peak	-54.50%	-99.59%	+45.09%
Average Drawdown Average peak-to-trough decline	-21.53%	-78.44%	+56.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.21%	31.19%	-16.98%

Volatility

PROX.BR vs. SPCE - Volatility Comparison

The current volatility for Proximus PLC (PROX.BR) is 5.86%, while Virgin Galactic Holdings, Inc. (SPCE) has a volatility of 72.30%. This indicates that PROX.BR experiences smaller price fluctuations and is considered to be less risky than SPCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PROX.BR	SPCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.86%	72.30%	-66.44%
Volatility (6M) Calculated over the trailing 6-month period	23.77%	88.41%	-64.64%
Volatility (1Y) Calculated over the trailing 1-year period	30.07%	100.25%	-70.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.97%	95.22%	-68.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.73%	98.54%	-71.81%

Dividends

PROX.BR vs. SPCE - Dividend Comparison

PROX.BR's dividend yield for the trailing twelve months is around 8.98%, while SPCE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PROX.BR Proximus PLC	8.98%	5.65%	23.88%	14.10%	13.34%	7.00%	9.25%	5.88%	6.35%	5.48%	5.48%	5.02%
SPCE Virgin Galactic Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both PROX.BR and SPCE in my portfolio?

PROX.BR and SPCE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.