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SPCE vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPCE vs. IVV

Last updated Jun 4, 2026

SPCE (Virgin Galactic Holdings, Inc.) is a stock, while IVV (iShares Core S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, SPCE returned -63.11%/yr vs 13.88%/yr for IVV. At a 0.39 correlation, their price movements are largely independent.

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.

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Returns By Period

In the year-to-date period, SPCE achieves a 33.64% return, which is significantly higher than IVV's 10.85% return.

SPCE

1D
-6.54%
1M
70.24%
YTD
33.64%
6M
-1.38%
1Y
32.41%
3Y*
-61.71%
5Y*
-63.11%
10Y*
—

IVV

1D
-0.76%
1M
4.97%
YTD
10.85%
6M
10.87%
1Y
28.00%
3Y*
22.43%
5Y*
13.88%
10Y*
15.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPCE vs. IVV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
SPCE
Virgin Galactic Holdings, Inc.		33.64%-45.41%-88.00%-29.60%-73.99%-43.62%105.45%-2.04%
IVV
iShares Core S&P 500 ETF		10.85%17.85%24.93%26.31%-18.16%28.76%18.40%6.51%

Correlation

The correlation between SPCE and IVV is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Oct 29, 2019

0.39

Compare stocks, funds, or ETFs

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

Virgin Galactic Holdings, Inc.

iShares Core S&P 500 ETF

Often compared with SPCE:
SPCE vs. RKLBSPCE vs. NKLASPCE vs. SPYSPCE vs. KOSSSPCE vs. BKSYSPCE vs. SCHGSPCE vs. VOO
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

SPCE vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPCE
SPCE Risk / Return Rank: 5555
Overall Rank
SPCE Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
SPCE Sortino Ratio Rank: 5959
Sortino Ratio Rank
SPCE Omega Ratio Rank: 5959
Omega Ratio Rank
SPCE Calmar Ratio Rank: 5454
Calmar Ratio Rank
SPCE Martin Ratio Rank: 5252
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 7070
Overall Rank
IVV Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 7070
Sortino Ratio Rank
IVV Omega Ratio Rank: 7070
Omega Ratio Rank
IVV Calmar Ratio Rank: 6262
Calmar Ratio Rank
IVV Martin Ratio Rank: 7575
Martin Ratio Rank
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.

SPCE vs. IVV - Risk-Adjusted Trends 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.

SPCEIVVDifference
Sharpe ratioReturn per unit of total volatility
0.32
2.39

-2.06

Sortino ratioReturn per unit of downside risk
1.27
3.25

-1.98

Omega ratioGain probability vs. loss probability

1.16

1.43

-0.27

Calmar ratioReturn relative to maximum drawdown

0.61

3.17

-2.56

Martin ratioReturn relative to average drawdown

1.05

14.71

-13.66

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPCE vs. IVV - Sharpe Ratio Comparison

The current SPCE Sharpe Ratio is 0.32, which is lower than the IVV Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of SPCE and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SPCEIVVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.32

2.39

-2.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.66

0.83

-1.49

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.86

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.46

0.45

-0.91

Drawdowns

SPCE vs. IVV - Drawdown Comparison

The maximum SPCE drawdown since its inception was -99.82%, 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.

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Drawdown Indicators

SPCEIVVDifference

Max Drawdown

Largest peak-to-trough decline

-99.82%

-55.25%

-44.57%

Max Drawdown (1Y)

Largest decline over 1 year

-53.33%

-8.89%

-44.44%

Max Drawdown (3Y)

Largest decline over 3 years

-98.19%

-18.75%

-79.44%

Max Drawdown (5Y)

Largest decline over 5 years

-99.81%

-24.53%

-75.28%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.90%

—

Current Drawdown

Current decline from peak

-99.64%

-0.76%

-98.88%

Average Drawdown

Average peak-to-trough decline

-78.47%

-10.78%

-67.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

30.84%

1.91%

+28.93%

Volatility

SPCE vs. IVV - Volatility Comparison

Virgin Galactic Holdings, Inc. (SPCE) has a higher volatility of 72.49% compared to iShares Core S&P 500 ETF (IVV) at 2.87%. 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.

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Volatility by Period

SPCEIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

72.49%

2.87%

+69.62%

Volatility (6M)

Calculated over the trailing 6-month period

88.44%

8.90%

+79.54%

Volatility (1Y)

Calculated over the trailing 1-year period

100.46%

11.80%

+88.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

95.85%

16.88%

+78.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

99.15%

18.05%

+81.10%

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 1.06%.

PositionTTM20252024202320222021202020192018201720162015
IVV
iShares Core S&P 500 ETF		1.06%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%
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%

Frequently Asked Questions

SPCE and IVV have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPCE has higher volatility (72.49%) compared to IVV (2.87%). In terms of maximum drawdown, SPCE dropped -99.82% vs IVV's -55.25%.

IVV currently has the higher Sharpe Ratio (2.39 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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