CIAI.TO vs. RKLB

Last updated Jun 4, 2026

CIAI.TO (CI Global Artificial Intelligence ETF) is Technology Equities fund actively managed by CI Investments, while RKLB (Rocket Lab USA, Inc.) is a stock. Over the past year, CIAI.TO returned 63.98% vs 334.80% for RKLB. At a 0.46 correlation, their price movements are largely independent.

Performance

CIAI.TO vs. RKLB - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Global Artificial Intelligence ETF (CIAI.TO) and Rocket Lab USA, Inc. (RKLB). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CIAI.TO is traded in CAD, while RKLB is traded in USD. To make them comparable, the RKLB values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CIAI.TO achieves a 31.59% return, which is significantly lower than RKLB's 66.51% return.

CIAI.TO

• 1D: -0.87%
• 1M: 16.11%
• YTD: 31.59%
• 6M: 26.69%
• 1Y: 63.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RKLB

• 1D: -6.61%
• 1M: 45.67%
• YTD: 66.51%
• 6M: 155.49%
• 1Y: 334.80%
• 3Y*: 189.39%
• 5Y*: —
• 10Y*: —

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

CIAI.TO vs. RKLB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CIAI.TO CI Global Artificial Intelligence ETF	31.59%	18.84%	29.92%
RKLB Rocket Lab USA, Inc.	66.51%	161.33%	572.17%

Correlation

The correlation between CIAI.TO and RKLB is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since May 8, 2024	0.46

Return for Risk

CIAI.TO vs. RKLB — Risk / Return Rank

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

CIAI.TO

CIAI.TO Risk / Return Rank: 69
CIAI.TO Sharpe Ratio Rank: 82
CIAI.TO Sortino Ratio Rank: 70
CIAI.TO Omega Ratio Rank: 71
CIAI.TO Calmar Ratio Rank: 68
CIAI.TO Martin Ratio Rank: 56

RKLB

RKLB Risk / Return Rank: 93
RKLB Sharpe Ratio Rank: 96
RKLB Sortino Ratio Rank: 91
RKLB Omega Ratio Rank: 88
RKLB Calmar Ratio Rank: 95
RKLB Martin Ratio Rank: 94

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.

CIAI.TO vs. RKLB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Global Artificial Intelligence ETF (CIAI.TO) 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.

	CIAI.TO	RKLB	Difference
Sharpe ratio: Return per unit of total volatility	2.69	3.69	-0.99
Sortino ratio: Return per unit of downside risk	3.23	3.42	-0.19
Omega ratio: Gain probability vs. loss probability	1.43	1.42	+0.01
Calmar ratio: Return relative to maximum drawdown	3.40	7.89	-4.49
Martin ratio: Return relative to average drawdown	9.79	17.97	-8.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIAI.TO vs. RKLB - Sharpe Ratio Comparison

The current CIAI.TO Sharpe Ratio is 2.69, which is comparable to the RKLB Sharpe Ratio of 3.69. The chart below compares the historical Sharpe Ratios of CIAI.TO and RKLB, 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

	CIAI.TO	RKLB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.69	3.69	-0.99
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	0.82	+0.63

Drawdowns

CIAI.TO vs. RKLB - Drawdown Comparison

The maximum CIAI.TO drawdown since its inception was -31.22%, smaller than the maximum RKLB drawdown of -81.72%. Use the drawdown chart below to compare losses from any high point for CIAI.TO and RKLB.

Drawdown Indicators

	CIAI.TO	RKLB	Difference
Max Drawdown Largest peak-to-trough decline	-31.22%	-81.72%	+50.50%
Max Drawdown (1Y) Largest decline over 1 year	-18.93%	-42.78%	+23.85%
Max Drawdown (3Y) Largest decline over 3 years	—	-53.37%	—
Current Drawdown Current decline from peak	-0.87%	-23.16%	+22.29%
Average Drawdown Average peak-to-trough decline	-6.50%	-50.82%	+44.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.55%	18.74%	-12.19%

Volatility

CIAI.TO vs. RKLB - Volatility Comparison

The current volatility for CI Global Artificial Intelligence ETF (CIAI.TO) is 7.14%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 41.88%. This indicates that CIAI.TO 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.

Volatility by Period

	CIAI.TO	RKLB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.14%	41.88%	-34.74%
Volatility (6M) Calculated over the trailing 6-month period	18.43%	71.73%	-53.30%
Volatility (1Y) Calculated over the trailing 1-year period	23.90%	91.55%	-67.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.40%	80.09%	-51.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.40%	80.09%	-51.69%

Dividends

CIAI.TO vs. RKLB - Dividend Comparison

Neither CIAI.TO nor RKLB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CIAI.TO and RKLB in my portfolio?

CIAI.TO and RKLB have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.