SPCE vs. SPY
Compare and contrast key facts about Virgin Galactic Holdings, Inc. (SPCE) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPCE or SPY.
Correlation
The correlation between SPCE and SPY is 0.40, 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. SPY - Performance Comparison
Key characteristics
SPCE:
-0.92
SPY:
2.03
SPCE:
-2.42
SPY:
2.71
SPCE:
0.75
SPY:
1.38
SPCE:
-0.88
SPY:
3.02
SPCE:
-1.23
SPY:
13.49
SPCE:
71.12%
SPY:
1.88%
SPCE:
95.29%
SPY:
12.48%
SPCE:
-99.56%
SPY:
-55.19%
SPCE:
-99.48%
SPY:
-3.54%
Returns By Period
In the year-to-date period, SPCE achieves a -87.37% return, which is significantly lower than SPY's 24.51% return.
SPCE
-87.37%
-11.06%
-38.89%
-88.28%
-50.94%
N/A
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
SPCE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virgin Galactic Holdings, Inc. (SPCE) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
SPCE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.
| 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% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SPCE vs. SPY - Drawdown Comparison
The maximum SPCE drawdown since its inception was -99.56%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SPCE and SPY. For additional features, visit the drawdowns tool.
Volatility
SPCE vs. SPY - Volatility Comparison
Virgin Galactic Holdings, Inc. (SPCE) has a higher volatility of 16.08% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that SPCE's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.