SPIR vs. VEA
SPIR (Spire Global, Inc.) is a stock, while VEA (Vanguard FTSE Developed Markets ETF) is Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. Over the past 5 years, SPIR returned -31.42%/yr vs 9.77%/yr for VEA. At a 0.32 correlation, their price movements are largely independent.
Performance
SPIR vs. VEA - Performance Comparison
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Returns By Period
In the year-to-date period, SPIR achieves a 61.87% return, which is significantly higher than VEA's 12.35% return.
SPIR
- 1D
- -0.08%
- 1M
- -33.11%
- 6M
- 0.25%
- YTD
- 61.87%
- 1Y
- -2.80%
- 3Y*
- 29.09%
- 5Y*
- -31.42%
- 10Y*
- —
VEA
- 1D
- -0.47%
- 1M
- -2.68%
- 6M
- 7.75%
- YTD
- 12.35%
- 1Y
- 26.33%
- 3Y*
- 17.22%
- 5Y*
- 9.77%
- 10Y*
- 10.06%
SPIR vs. VEA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPIR Spire Global, Inc. | 61.87% | -46.70% | 79.92% | 1.82% | -71.60% | -66.23% | 5.37% |
VEA Vanguard FTSE Developed Markets ETF | 12.35% | 35.16% | 3.15% | 17.93% | -15.34% | 11.66% | 19.28% |
Correlation
The correlation between SPIR and VEA is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.32 |
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Return for Risk
SPIR vs. VEA — Risk / Return Rank
SPIR
VEA
SPIR vs. VEA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spire Global, Inc. (SPIR) and Vanguard FTSE Developed Markets ETF (VEA). 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.
| SPIR | VEA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.28 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 2.27 | -2.33 |
| Martin ratioReturn relative to average drawdown | -0.10 | 8.57 | -8.67 |
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Drawdowns
SPIR vs. VEA - Drawdown Comparison
The maximum SPIR drawdown since its inception was -97.74%, which is greater than VEA's maximum drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for SPIR and VEA.
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Drawdown Indicators
| SPIR | VEA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.74% | -60.68% | -37.06% |
Max Drawdown (1Y)Largest decline over 1 year | -52.35% | -11.63% | -40.72% |
Max Drawdown (3Y)Largest decline over 3 years | -66.22% | -13.45% | -52.77% |
Max Drawdown (5Y)Largest decline over 5 years | -97.74% | -29.71% | -68.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.73% | — |
Current DrawdownCurrent decline from peak | -91.78% | -3.72% | -88.06% |
Average DrawdownAverage peak-to-trough decline | -78.11% | -13.22% | -64.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.43% | 3.08% | +24.35% |
Volatility
SPIR vs. VEA - Volatility Comparison
Spire Global, Inc. (SPIR) has a higher volatility of 24.48% compared to Vanguard FTSE Developed Markets ETF (VEA) at 5.30%. This indicates that SPIR's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPIR | VEA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.48% | 5.30% | +19.18% |
Volatility (6M)Calculated over the trailing 6-month period | 79.92% | 15.12% | +64.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.24% | 17.04% | +87.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.95% | 16.80% | +82.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.82% | 17.17% | +75.65% |
Dividends
SPIR vs. VEA - Dividend Comparison
SPIR has not paid dividends to shareholders, while VEA's dividend yield for the trailing twelve months is around 2.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPIR Spire Global, 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% |
VEA Vanguard FTSE Developed Markets ETF | 2.60% | 3.22% | 3.35% | 3.15% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% |
Frequently Asked Questions
SPIR and VEA have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPIR has higher volatility (24.48%) compared to VEA (5.30%). In terms of maximum drawdown, SPIR dropped -97.74% vs VEA's -60.68%.
VEA currently has the higher Sharpe Ratio (1.55 vs -0.03), 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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