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SPCE vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPCE and IVV is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

SPCE vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virgin Galactic Holdings, Inc. (SPCE) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-97.40%
111.64%
SPCE
IVV

Key characteristics

Sharpe Ratio

SPCE:

-0.92

IVV:

2.25

Sortino Ratio

SPCE:

-2.42

IVV:

2.98

Omega Ratio

SPCE:

0.75

IVV:

1.42

Calmar Ratio

SPCE:

-0.87

IVV:

3.32

Martin Ratio

SPCE:

-1.22

IVV:

14.68

Ulcer Index

SPCE:

71.56%

IVV:

1.90%

Daily Std Dev

SPCE:

94.55%

IVV:

12.43%

Max Drawdown

SPCE:

-99.56%

IVV:

-55.25%

Current Drawdown

SPCE:

-99.49%

IVV:

-2.52%

Returns By Period

In the year-to-date period, SPCE achieves a -87.55% return, which is significantly lower than IVV's 25.92% return.


SPCE

YTD

-87.55%

1M

-9.23%

6M

-35.92%

1Y

-88.27%

5Y*

-51.22%

10Y*

N/A

IVV

YTD

25.92%

1M

0.33%

6M

9.27%

1Y

26.64%

5Y*

14.77%

10Y*

13.05%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SPCE vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Virgin Galactic Holdings, Inc. (SPCE) and iShares Core S&P 500 ETF (IVV). 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.


Sharpe ratio
The chart of Sharpe ratio for SPCE, currently valued at -0.92, compared to the broader market-4.00-2.000.002.00-0.922.25
The chart of Sortino ratio for SPCE, currently valued at -2.42, compared to the broader market-4.00-2.000.002.004.00-2.422.98
The chart of Omega ratio for SPCE, currently valued at 0.75, compared to the broader market0.501.001.502.000.751.42
The chart of Calmar ratio for SPCE, currently valued at -0.87, compared to the broader market0.002.004.006.00-0.873.32
The chart of Martin ratio for SPCE, currently valued at -1.22, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.2214.68
SPCE
IVV

The current SPCE Sharpe Ratio is -0.92, which is lower than the IVV Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of SPCE and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.92
2.25
SPCE
IVV

Dividends

SPCE vs. IVV - Dividend Comparison

SPCE has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.29%.


TTM20232022202120202019201820172016201520142013
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%
IVV
iShares Core S&P 500 ETF
1.29%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

SPCE vs. IVV - Drawdown Comparison

The maximum SPCE drawdown since its inception was -99.56%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for SPCE and IVV. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.49%
-2.52%
SPCE
IVV

Volatility

SPCE vs. IVV - Volatility Comparison

Virgin Galactic Holdings, Inc. (SPCE) has a higher volatility of 16.40% compared to iShares Core S&P 500 ETF (IVV) at 3.75%. This indicates that SPCE's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
16.40%
3.75%
SPCE
IVV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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