LWAC vs SPCE

Comparison between LightWave Acquisition Corp - Class A (LWAC, Company) and Virgin Galactic Holdings Inc - Class A (SPCE, Company).

LWAC is from the Financial Services sector, while SPCE is from the Industrials sector.

LWAC vs SPCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LWAC(COMPANY)	SPCE(COMPANY)
Market Cap	$383M	$383M
Max Drawdown	0.99%	99.82%
Sharpe Ratio	-0.50	0.98
5Y Beta	-0.01	1.90
Industry	Shell Companies	Aerospace & Defense
P/E Ratio	N/A	-1.22
5Y EPS CAGR	N/A	-35.40%
Debt to Equity	N/A	142.91%
P/S Ratio	N/A	375.55
P/B Ratio	N/A	2.20

Market Cap

LWAC

$383M

Winner

SPCE

$383M

Max Drawdown

Winner

LWAC

0.99%

SPCE

99.82%

Sharpe Ratio

LWAC

-0.50

Winner

SPCE

0.98

5Y Beta

Winner

LWAC

-0.01

SPCE

1.90

Industry

LWAC

Shell Companies

SPCE

Aerospace & Defense

P/E Ratio

LWAC

N/A

SPCE

-1.22

5Y EPS CAGR

LWAC

N/A

SPCE

-35.40%

Debt to Equity

LWAC

N/A

SPCE

142.91%

P/S Ratio

LWAC

N/A

SPCE

375.55

P/B Ratio

LWAC

N/A

SPCE

2.20

LWAC vs SPCE - Historical Returns

Returns include dividend reinvestment.

Period	LWAC	SPCE
1 month	+0.00%	+40.14%
3 months	+0.99%	+55.78%
6 months	+1.69%	+20.68%
1 year	+2.10%	+29.90%
5 years(CAGR)	N/A	-64.57%
10 years(CAGR)	N/A	-36.45%
Max(CAGR)	+2.56%	-36.45%

LWAC

+0.00%

Winner

SPCE

+40.14%

LWAC

+0.99%

Winner

SPCE

+55.78%

LWAC

+1.69%

Winner

SPCE

+20.68%

LWAC

+2.10%

Winner

SPCE

+29.90%

5Y(CAGR)

LWAC

N/A

SPCE

-64.57%

10Y(CAGR)

LWAC

N/A

SPCE

-36.45%

Max(CAGR)

Winner

LWAC

+2.56%

SPCE

-36.45%

LWAC vs SPCE - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	LWAC	SPCE
2026	+1.69%	+18.84%
2025	+0.40%	-47.03%
2024	N/A	-87.59%
2023	N/A	-29.80%
2022	N/A	-74.30%
2021	N/A	-42.35%
2020	N/A	+101.27%
2019	N/A	+15.27%
2018	N/A	-0.70%
2017	N/A	-0.10%

LWAC vs SPCE Drawdown Comparison

The maximum drawdown for LWAC was -0.99%, occurring on Dec 15, 2025. Recovery took 84 trading sessions.

The maximum drawdown for SPCE was -99.82%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current LWAC drawdown is -0.10%. The current SPCE drawdown is -99.67%.

Rank	LWAC	SPCE
#1	-0.99% Nov 14, 2025 - Mar 19, 2026	-99.82% Feb 11, 2021 - Mar 30, 2026
#2	-0.60% Aug 22, 2025 - Oct 9, 2025	-71.91% Feb 19, 2020 - Jan 26, 2021
#3	-0.40% Oct 9, 2025 - Oct 20, 2025	-38.76% Oct 25, 2019 - Jan 3, 2020
#4	-0.39% Mar 20, 2026 - Mar 24, 2026	-13.29% Jan 22, 2020 - Feb 10, 2020
#5	-0.39% Mar 24, 2026 - May 29, 2026	-9.69% Feb 1, 2021 - Feb 3, 2021
#6	-0.25% Aug 15, 2025 - Aug 22, 2025	-8.28% Feb 3, 2021 - Feb 11, 2021
#7	-0.20% Oct 21, 2025 - Oct 31, 2025	-6.99% Jan 27, 2021 - Feb 1, 2021
#8	-0.10% Nov 5, 2025 - Nov 11, 2025	-5.82% Oct 4, 2019 - Oct 25, 2019
#9	-0.10% May 29, 2026 - Jun 11, 2026	-4.17% Jul 10, 2019 - Oct 3, 2019
#10	N/A	-3.88% Nov 1, 2017 - Apr 18, 2019
#11	N/A	-3.81% Jan 3, 2020 - Jan 9, 2020
#12	N/A	-0.41% Oct 6, 2017 - Oct 17, 2017
#13	N/A	-0.39% Apr 18, 2019 - May 2, 2019
#14	N/A	-0.39% May 7, 2019 - Jun 18, 2019
#15	N/A	-0.38% Jun 21, 2019 - Jun 28, 2019