AMZU vs. RKLB
AMZU (Direxion Daily AMZN Bull 2X Shares) is Leveraged Equities fund tracking the Amazon.com, Inc. (200%), while RKLB (Rocket Lab USA, Inc.) is a stock. Over the past 3 years, AMZU returned 18.79%/yr vs 129.83%/yr for RKLB. At a 0.35 correlation, their price movements are largely independent.
Performance
AMZU vs. RKLB - Performance Comparison
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Returns By Period
In the year-to-date period, AMZU achieves a 3.21% return, which is significantly lower than RKLB's 9.99% return.
AMZU
- 1D
- 1.62%
- 1M
- 5.63%
- 6M
- -8.93%
- YTD
- 3.21%
- 1Y
- -1.46%
- 3Y*
- 18.79%
- 5Y*
- —
- 10Y*
- —
RKLB
- 1D
- -5.32%
- 1M
- -25.06%
- 6M
- -12.71%
- YTD
- 9.99%
- 1Y
- 96.59%
- 3Y*
- 129.83%
- 5Y*
- —
- 10Y*
- —
AMZU vs. RKLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 3.21% | -11.59% | 60.99% | 118.70% | -49.82% |
RKLB Rocket Lab USA, Inc. | 9.99% | 173.89% | 360.58% | 46.68% | -28.33% |
Correlation
The correlation between AMZU and RKLB is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | 0.35 |
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Return for Risk
AMZU vs. RKLB — Risk / Return Rank
AMZU
RKLB
AMZU vs. RKLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Rocket Lab USA, Inc. (RKLB). 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.
| AMZU | RKLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.22 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 1.99 | -2.02 |
| Martin ratioReturn relative to average drawdown | -0.07 | 4.51 | -4.58 |
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Drawdowns
AMZU vs. RKLB - Drawdown Comparison
The maximum AMZU drawdown since its inception was -55.59%, smaller than the maximum RKLB drawdown of -82.96%. Use the drawdown chart below to compare losses from any high point for AMZU and RKLB.
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Drawdown Indicators
| AMZU | RKLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.59% | -82.96% | +27.37% |
Max Drawdown (1Y)Largest decline over 1 year | -42.98% | -48.92% | +5.94% |
Max Drawdown (3Y)Largest decline over 3 years | -55.47% | -55.49% | +0.02% |
Current DrawdownCurrent decline from peak | -23.98% | -48.92% | +24.94% |
Average DrawdownAverage peak-to-trough decline | -22.02% | -51.08% | +29.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.53% | 21.51% | -0.98% |
Volatility
AMZU vs. RKLB - Volatility Comparison
The current volatility for Direxion Daily AMZN Bull 2X Shares (AMZU) is 19.94%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 31.14%. This indicates that AMZU experiences smaller price fluctuations and is considered to be less risky than RKLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZU | RKLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.94% | 31.14% | -11.20% |
Volatility (6M)Calculated over the trailing 6-month period | 43.78% | 72.33% | -28.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.95% | 95.04% | -33.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.33% | 81.97% | -22.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.33% | 81.97% | -22.64% |
Dividends
AMZU vs. RKLB - Dividend Comparison
AMZU's dividend yield for the trailing twelve months is around 5.65%, while RKLB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 5.65% | 6.12% | 3.79% | 3.37% | 0.50% |
RKLB Rocket Lab USA, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AMZU and RKLB have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RKLB has higher volatility (31.14%) compared to AMZU (19.94%). In terms of maximum drawdown, AMZU dropped -55.59% vs RKLB's -82.96%.
RKLB currently has the higher Sharpe Ratio (1.02 vs -0.02), 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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