SPCE vs. IVV
Compare and contrast key facts about Virgin Galactic Holdings, Inc. (SPCE) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPCE or IVV.
Key characteristics
| SPCE | IVV | |
|---|---|---|
| YTD Return | -57.96% | 11.58% |
| 1Y Return | -77.11% | 29.30% |
| 3Y Return (Ann) | -60.49% | 10.04% |
| 5Y Return (Ann) | -36.95% | 15.00% |
| Sharpe Ratio | -0.76 | 2.67 |
| Daily Std Dev | 99.85% | 11.57% |
| Max Drawdown | -98.73% | -55.25% |
| Current Drawdown | -98.27% | -0.23% |
Correlation
The correlation between SPCE and IVV is 0.33, 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.
Performance
SPCE vs. IVV - Performance Comparison
In the year-to-date period, SPCE achieves a -57.96% return, which is significantly lower than IVV's 11.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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 1.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% |
Drawdowns
SPCE vs. IVV - Drawdown Comparison
The maximum SPCE drawdown since its inception was -98.73%, 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.
Volatility
SPCE vs. IVV - Volatility Comparison
Virgin Galactic Holdings, Inc. (SPCE) has a higher volatility of 44.19% compared to iShares Core S&P 500 ETF (IVV) at 3.43%. 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.