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

Correlation

The correlation between SPCE and SCHG is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

SPCE vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virgin Galactic Holdings, Inc. (SPCE) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
-97.40%
168.83%
SPCE
SCHG

Key characteristics

Sharpe Ratio

SPCE:

-0.92

SCHG:

2.22

Sortino Ratio

SPCE:

-2.42

SCHG:

2.86

Omega Ratio

SPCE:

0.75

SCHG:

1.40

Calmar Ratio

SPCE:

-0.87

SCHG:

3.13

Martin Ratio

SPCE:

-1.22

SCHG:

12.34

Ulcer Index

SPCE:

71.56%

SCHG:

3.14%

Daily Std Dev

SPCE:

94.55%

SCHG:

17.45%

Max Drawdown

SPCE:

-99.56%

SCHG:

-34.59%

Current Drawdown

SPCE:

-99.49%

SCHG:

-2.75%

Returns By Period

In the year-to-date period, SPCE achieves a -87.55% return, which is significantly lower than SCHG's 37.04% return.


SPCE

YTD

-87.55%

1M

-9.23%

6M

-35.92%

1Y

-88.27%

5Y*

-51.22%

10Y*

N/A

SCHG

YTD

37.04%

1M

3.40%

6M

12.88%

1Y

37.14%

5Y*

20.24%

10Y*

16.77%

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Risk-Adjusted Performance

SPCE vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Virgin Galactic Holdings, Inc. (SPCE) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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-4.00-2.000.002.00-0.922.22
The chart of Sortino ratio for SPCE, currently valued at -2.42, compared to the broader market-4.00-2.000.002.004.00-2.422.86
The chart of Omega ratio for SPCE, currently valued at 0.75, compared to the broader market0.501.001.502.000.751.40
The chart of Calmar ratio for SPCE, currently valued at -0.87, compared to the broader market0.002.004.006.00-0.873.13
The chart of Martin ratio for SPCE, currently valued at -1.22, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.2212.34
SPCE
SCHG

The current SPCE Sharpe Ratio is -0.92, which is lower than the SCHG Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of SPCE and SCHG, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.92
2.22
SPCE
SCHG

Dividends

SPCE vs. SCHG - Dividend Comparison

SPCE has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.41%.


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%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.41%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%1.07%

Drawdowns

SPCE vs. SCHG - Drawdown Comparison

The maximum SPCE drawdown since its inception was -99.56%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for SPCE and SCHG. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.49%
-2.75%
SPCE
SCHG

Volatility

SPCE vs. SCHG - Volatility Comparison

Virgin Galactic Holdings, Inc. (SPCE) has a higher volatility of 16.40% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.07%. This indicates that SPCE's price experiences larger fluctuations and is considered to be riskier than SCHG 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%
5.07%
SPCE
SCHG
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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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