SPOK vs. SURG
SPOK (Spok Holdings, Inc.) and SURG (SurgePays, Inc.) are both stocks. SPOK operates in Health Information Services (Healthcare), while SURG operates in Software - Application (Technology). Over the past 5 years, SPOK returned 18.48%/yr vs -49.83%/yr for SURG. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
SPOK vs. SURG - Performance Comparison
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Returns By Period
In the year-to-date period, SPOK achieves a -11.01% return, which is significantly higher than SURG's -87.26% return.
SPOK
- 1D
- 1.83%
- 1M
- 5.82%
- 6M
- -14.01%
- YTD
- -11.01%
- 1Y
- -33.94%
- 3Y*
- 1.73%
- 5Y*
- 18.48%
- 10Y*
- 2.25%
- ALL TIME*
- 2.90%
SURG
- 1D
- -2.39%
- 1M
- -62.86%
- 6M
- -81.50%
- YTD
- -87.26%
- 1Y
- -92.12%
- 3Y*
- -65.84%
- 5Y*
- -49.83%
- 10Y*
- —
- ALL TIME*
- -47.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.66M | $1.56M | $1.82M | |
SURG SurgePays, Inc. | $224.51K | $558.94K | $2.40M |
SPOK vs. SURG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPOK Spok Holdings, Inc. | -11.01% | -10.96% | 12.06% | 107.98% | 2.88% | -11.89% | -4.22% | -4.21% | -12.37% |
SURG SurgePays, Inc. | -87.26% | -6.18% | -72.40% | -1.68% | 224.75% | -65.62% | -60.83% | -21.05% | -62.75% |
Correlation
The correlation between SPOK and SURG is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2018 | 0.10 |
The correlation between SPOK and SURG shifts across timeframes, from 0.07 (1 year) to 0.19 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
SPOK:
$231.85M
SURG:
$4.47M
SPOK:
$0.78
SURG:
-$2.12
SPOK:
1.72
SURG:
0.08
SPOK:
$135.97M
SURG:
$50.37M
SPOK:
$119.83M
SURG:
-$19.42M
SPOK:
$19.63M
SURG:
-$40.48M
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Return for Risk
SPOK vs. SURG — Risk / Return Rank
SPOK
SURG
SPOK vs. SURG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spok Holdings, Inc. (SPOK) and SurgePays, Inc. (SURG). 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.
| SPOK | SURG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 0.70 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.99 | +0.14 |
| Martin ratioReturn relative to average drawdown | -1.19 | -1.52 | +0.33 |
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Drawdowns
SPOK vs. SURG - Drawdown Comparison
The maximum SPOK drawdown since its inception was -73.90%, smaller than the maximum SURG drawdown of -99.66%. Use the drawdown chart below to compare losses from any high point for SPOK and SURG.
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Drawdown Indicators
| SPOK | SURG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.90% | -99.66% | +25.76% |
Max Drawdown (1Y)Largest decline over 1 year | -39.88% | -93.02% | +53.14% |
Max Drawdown (3Y)Largest decline over 3 years | -39.88% | -97.63% | +57.75% |
Max Drawdown (5Y)Largest decline over 5 years | -39.88% | -97.63% | +57.75% |
Max Drawdown (10Y)Largest decline over 10 years | -62.99% | — | — |
Current DrawdownCurrent decline from peak | -34.82% | -99.66% | +64.84% |
Average DrawdownAverage peak-to-trough decline | -28.16% | -85.62% | +57.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.63% | 60.68% | -32.05% |
Volatility
SPOK vs. SURG - Volatility Comparison
The current volatility for Spok Holdings, Inc. (SPOK) is 5.02%, while SurgePays, Inc. (SURG) has a volatility of 30.18%. This indicates that SPOK experiences smaller price fluctuations and is considered to be less risky than SURG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPOK | SURG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 30.18% | -25.16% |
Volatility (6M)Calculated over the trailing 6-month period | 21.96% | 87.22% | -65.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.12% | 108.98% | -79.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.07% | 97.23% | -63.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.15% | 108.80% | -72.65% |
Dividends
SPOK vs. SURG - Dividend Comparison
SPOK's dividend yield for the trailing twelve months is around 11.26%, while SURG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPOK Spok Holdings, Inc. | 11.26% | 9.48% | 7.79% | 8.07% | 15.26% | 5.36% | 4.49% | 4.09% | 3.77% | 3.19% | 3.61% | 3.41% |
SURG SurgePays, 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% |
Financials
SPOK vs. SURG - Financials Comparison
This section allows you to compare key financial metrics between Spok Holdings, Inc. and SurgePays, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
SPOK and SURG have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SURG has higher volatility (30.18%) compared to SPOK (5.02%). In terms of maximum drawdown, SPOK dropped -73.90% vs SURG's -99.66%.
SURG currently has the higher Sharpe Ratio (-0.85 vs -1.17), 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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