SPCE vs. NKLA

Last updated Jun 23, 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: -10.39%
• 1M: -1.54%
• YTD: -0.62%
• 6M: -13.78%
• 1Y: 6.69%
• 3Y*: -66.75%
• 5Y*: -67.01%
• 10Y*: —

NKLA

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 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.	35.74%
NKLA Nikola Corporation	0.00%

Fundamentals

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: 49
SPCE Sharpe Ratio Rank: 44
SPCE Sortino Ratio Rank: 54
SPCE Omega Ratio Rank: 55
SPCE Calmar Ratio Rank: 45
SPCE Martin Ratio Rank: 44

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	0.06	—	—
Sortino ratio: Return per unit of downside risk	0.95	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.12	—	—
Martin ratio: Return relative to average drawdown	0.21	—	—

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	-57.58%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-97.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.81%	—	—
Current Drawdown Current decline from peak	-99.73%	0.00%	-99.73%
Average Drawdown Average peak-to-trough decline	-78.58%	0.00%	-78.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.11%	—	—

Volatility

Volatility by Period

	SPCE	NKLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	86.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	97.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	109.27%	0.00%	+109.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.59%	0.00%	+97.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.31%	0.00%	+100.31%

Dividends

SPCE vs. NKLA - Dividend Comparison

Neither SPCE nor NKLA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials