SPCE vs. NKLA

Last updated Jul 14, 2026

SPCE (Virgin Galactic Holdings, Inc.) and NKLA (Nikola Corporation) are both stocks. SPCE operates in Aerospace & Defense (Industrials), while NKLA operates in Auto Manufacturers (Consumer Cyclical).

Performance

SPCE vs. NKLA - Performance Comparison

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

Returns By Period

SPCE

• 1D: -5.84%
• 1M: -38.11%
• 6M: -24.14%
• YTD: -24.61%
• 1Y: -22.44%
• 3Y*: -68.30%
• 5Y*: -67.44%
• 10Y*: —

NKLA

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

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

SPCE vs. NKLA - Yearly Performance Comparison

	2026 (YTD)
SPCE Virgin Galactic Holdings, Inc.	2.98%
NKLA Nikola Corporation	0.00%

Fundamentals

Market Cap SPCE : $150.96M NKLA : $15.46M
Total Revenue (TTM) SPCE : $1.31M NKLA : $68.86M
Gross Profit (TTM) SPCE : -$50.86M NKLA : -$254.24M
EBITDA (TTM) SPCE : -$235.21M NKLA : -$887.58M

Return for Risk

SPCE vs. NKLA — Risk / Return Rank

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

SPCE

SPCE Risk / Return Rank: 40
SPCE Sharpe Ratio Rank: 37
SPCE Sortino Ratio Rank: 47
SPCE Omega Ratio Rank: 47
SPCE Calmar Ratio Rank: 34
SPCE Martin Ratio Rank: 33

NKLA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. NKLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virgin Galactic Holdings, Inc. (SPCE) and Nikola Corporation (NKLA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPCE	NKLA	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	—	—
Sortino ratio: Return per unit of downside risk	0.52	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	-0.33	—	—
Martin ratio: Return relative to average drawdown	-0.63	—	—

Drawdowns

SPCE vs. NKLA - Drawdown Comparison

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

Drawdown Indicators

	SPCE	NKLA	Difference
Max Drawdown Largest peak-to-trough decline	-99.82%	0.00%	-99.82%
Max Drawdown (1Y) Largest decline over 1 year	-67.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-97.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.69%	—	—
Current Drawdown Current decline from peak	-99.80%	0.00%	-99.80%
Average Drawdown Average peak-to-trough decline	-78.75%	0.00%	-78.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.45%	—	—

Volatility

Volatility by Period

	SPCE	NKLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	50.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	99.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	111.60%	0.00%	+111.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.60%	0.00%	+95.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.34%	0.00%	+100.34%

Dividends

SPCE vs. NKLA - Dividend Comparison

Neither SPCE nor NKLA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials