WKHS vs. LCID

Last updated Jun 3, 2026

WKHS (Workhorse Group Inc.) and LCID (Lucid Group, Inc.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 5 years, WKHS returned -84.70%/yr vs -51.49%/yr for LCID. At a 0.42 correlation, their price movements are largely independent.

Performance

WKHS vs. LCID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Workhorse Group Inc. (WKHS) and Lucid Group, Inc. (LCID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WKHS achieves a -26.92% return, which is significantly higher than LCID's -41.63% return.

WKHS

• 1D: -0.80%
• 1M: 14.46%
• YTD: -26.92%
• 6M: -61.80%
• 1Y: -63.53%
• 3Y*: -88.78%
• 5Y*: -84.70%
• 10Y*: -57.78%

LCID

• 1D: -7.22%
• 1M: -5.66%
• YTD: -41.63%
• 6M: -52.10%
• 1Y: -71.95%
• 3Y*: -54.61%
• 5Y*: -51.49%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WKHS vs. LCID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WKHS Workhorse Group Inc.	-26.92%	-95.14%	-90.31%	-76.32%	-65.14%	-77.96%	-35.36%
LCID Lucid Group, Inc.	-41.63%	-65.00%	-28.27%	-38.36%	-82.05%	280.12%	1.21%

Correlation

The correlation between WKHS and LCID is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Sep 21, 2020	0.42

Fundamentals

Market Cap WKHS : $35.84M LCID : $20.26B
EPS WKHS : -$5.65 LCID : -$3.19
PS Ratio WKHS : 2.29 LCID : 5.81
Total Revenue (TTM) WKHS : $18.44M LCID : $1.12B
Gross Profit (TTM) WKHS : -$19.61M LCID : -$1.62B
EBITDA (TTM) WKHS : -$49.47M LCID : -$3.03B

Return for Risk

WKHS vs. LCID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WKHS

WKHS Risk / Return Rank: 22
WKHS Sharpe Ratio Rank: 20
WKHS Sortino Ratio Rank: 25
WKHS Omega Ratio Rank: 25
WKHS Calmar Ratio Rank: 15
WKHS Martin Ratio Rank: 24

LCID

LCID Risk / Return Rank: 6
LCID Sharpe Ratio Rank: 5
LCID Sortino Ratio Rank: 2
LCID Omega Ratio Rank: 5
LCID Calmar Ratio Rank: 7
LCID Martin Ratio Rank: 9

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.

WKHS vs. LCID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Workhorse Group Inc. (WKHS) and Lucid Group, Inc. (LCID). 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.

	WKHS	LCID	Difference
Sharpe ratio Return per unit of total volatility	-0.47	-0.95	+0.48
Sortino ratio Return per unit of downside risk	-0.22	-2.01	+1.79
Omega ratio Gain probability vs. loss probability	0.97	0.79	+0.18
Calmar ratio Return relative to maximum drawdown	-0.68	-0.88	+0.20
Martin ratio Return relative to average drawdown	-0.83	-1.33	+0.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WKHS vs. LCID - Sharpe Ratio Comparison

The current WKHS Sharpe Ratio is -0.47, which is higher than the LCID Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of WKHS and LCID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WKHS	LCID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.47	-0.95	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.79	-0.63	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	-0.45	+0.10

Drawdowns

WKHS vs. LCID - Drawdown Comparison

The maximum WKHS drawdown since its inception was -100.00%, roughly equal to the maximum LCID drawdown of -99.03%. Use the drawdown chart below to compare losses from any high point for WKHS and LCID.

Drawdown Indicators

	WKHS	LCID	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-99.03%	-0.97%
Max Drawdown (1Y) Largest decline over 1 year	-95.59%	-82.08%	-13.51%
Max Drawdown (3Y) Largest decline over 3 years	-99.94%	-93.09%	-6.85%
Max Drawdown (5Y) Largest decline over 5 years	-100.00%	-98.99%	-1.01%
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	—	—
Current Drawdown Current decline from peak	-100.00%	-98.94%	-1.06%
Average Drawdown Average peak-to-trough decline	-71.94%	-75.99%	+4.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	78.89%	54.40%	+24.49%

Volatility

WKHS vs. LCID - Volatility Comparison

Workhorse Group Inc. (WKHS) has a higher volatility of 47.17% compared to Lucid Group, Inc. (LCID) at 17.67%. This indicates that WKHS's price experiences larger fluctuations and is considered to be riskier than LCID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WKHS	LCID	Difference
Volatility (1M) Calculated over the trailing 1-month period	47.17%	17.67%	+29.50%
Volatility (6M) Calculated over the trailing 6-month period	70.98%	50.54%	+20.44%
Volatility (1Y) Calculated over the trailing 1-year period	135.79%	76.02%	+59.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.53%	81.51%	+26.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.21%	86.76%	+38.45%

Dividends

WKHS vs. LCID - Dividend Comparison

Neither WKHS nor LCID has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both WKHS and LCID in my portfolio?

WKHS and LCID have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WKHS or LCID?

WKHS has higher volatility (47.17%) compared to LCID (17.67%). In terms of maximum drawdown, WKHS dropped -100.00% vs LCID's -99.03%.

Which has better risk-adjusted returns?

WKHS currently has the higher Sharpe Ratio (-0.47 vs -0.95), 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.