ARW vs. RKLB
ARW (Arrow Electronics, Inc.) and RKLB (Rocket Lab USA, Inc.) are both stocks. ARW operates in Electronics & Computer Distribution (Technology), while RKLB operates in Aerospace & Defense (Industrials). Over the past 3 years, ARW returned 21.21%/yr vs 186.06%/yr for RKLB. At a 0.33 correlation, their price movements are largely independent.
Performance
ARW vs. RKLB - Performance Comparison
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Returns By Period
In the year-to-date period, ARW achieves a 108.16% return, which is significantly higher than RKLB's 64.42% return.
ARW
- 1D
- 0.42%
- 1M
- 23.63%
- YTD
- 108.16%
- 6M
- 106.71%
- 1Y
- 90.63%
- 3Y*
- 21.21%
- 5Y*
- 13.44%
- 10Y*
- 13.44%
RKLB
- 1D
- -6.99%
- 1M
- 42.82%
- YTD
- 64.42%
- 6M
- 156.48%
- 1Y
- 329.27%
- 3Y*
- 186.06%
- 5Y*
- —
- 10Y*
- —
ARW vs. RKLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARW Arrow Electronics, Inc. | 108.16% | -2.60% | -7.47% | 16.91% | -22.12% | 12.08% |
RKLB Rocket Lab USA, Inc. | 64.42% | 173.89% | 360.58% | 46.68% | -69.30% | 6.14% |
Correlation
The correlation between ARW and RKLB is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 2021 | 0.33 |
Fundamentals
ARW:
$11.86B
RKLB:
$69.44B
ARW:
$13.95
RKLB:
-$0.33
ARW:
0.36
RKLB:
93.75
ARW:
1.76
RKLB:
30.67
ARW:
$33.51B
RKLB:
$679.58M
ARW:
$3.75B
RKLB:
$248.43M
ARW:
$1.18B
RKLB:
-$177.36M
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Return for Risk
ARW vs. RKLB — Risk / Return Rank
ARW
RKLB
ARW vs. RKLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Electronics, Inc. (ARW) 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.
| ARW | RKLB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.69 | 3.61 | -0.92 |
Sortino ratioReturn per unit of downside risk | 3.52 | 3.37 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.41 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 3.87 | 7.71 | -3.84 |
Martin ratioReturn relative to average drawdown | 9.31 | 18.10 | -8.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARW | RKLB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.69 | 3.61 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.76 | -0.57 |
Drawdowns
ARW vs. RKLB - Drawdown Comparison
The maximum ARW drawdown since its inception was -86.03%, roughly equal to the maximum RKLB drawdown of -82.96%. Use the drawdown chart below to compare losses from any high point for ARW and RKLB.
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Drawdown Indicators
| ARW | RKLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.03% | -82.96% | -3.07% |
Max Drawdown (1Y)Largest decline over 1 year | -23.54% | -43.01% | +19.47% |
Max Drawdown (3Y)Largest decline over 3 years | -38.16% | -55.49% | +17.33% |
Max Drawdown (5Y)Largest decline over 5 years | -38.16% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -52.77% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -23.65% | +23.65% |
Average DrawdownAverage peak-to-trough decline | -29.31% | -51.47% | +22.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.77% | 18.29% | -8.52% |
Volatility
ARW vs. RKLB - Volatility Comparison
The current volatility for Arrow Electronics, Inc. (ARW) is 10.49%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 42.00%. This indicates that ARW 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
| ARW | RKLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.49% | 42.00% | -31.51% |
Volatility (6M)Calculated over the trailing 6-month period | 25.77% | 72.36% | -46.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.97% | 92.02% | -58.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.17% | 81.45% | -52.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.56% | 81.45% | -51.89% |
Dividends
ARW vs. RKLB - Dividend Comparison
Neither ARW nor RKLB has paid dividends to shareholders.
Financials
ARW vs. RKLB - Financials Comparison
This section allows you to compare key financial metrics between Arrow Electronics, Inc. and Rocket Lab USA, 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
ARW vs. RKLB - Profitability Comparison
ARW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arrow Electronics, Inc. reported a gross profit of 1.09B and revenue of 9.47B. Therefore, the gross margin over that period was 11.5%.
RKLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rocket Lab USA, Inc. reported a gross profit of 76.49M and revenue of 200.35M. Therefore, the gross margin over that period was 38.2%.
ARW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arrow Electronics, Inc. reported an operating income of 361.60M and revenue of 9.47B, resulting in an operating margin of 3.8%.
RKLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rocket Lab USA, Inc. reported an operating income of -55.97M and revenue of 200.35M, resulting in an operating margin of -27.9%.
ARW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arrow Electronics, Inc. reported a net income of 235.11M and revenue of 9.47B, resulting in a net margin of 2.5%.
RKLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rocket Lab USA, Inc. reported a net income of -45.02M and revenue of 200.35M, resulting in a net margin of -22.5%.
Frequently Asked Questions
ARW and RKLB have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RKLB has higher volatility (42.00%) compared to ARW (10.49%). In terms of maximum drawdown, ARW dropped -86.03% vs RKLB's -82.96%.
RKLB currently has the higher Sharpe Ratio (3.61 vs 2.69), 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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