DRO.AX vs. RKLB
DRO.AX (DroneShield Limited) and RKLB (Rocket Lab USA, Inc.) are both stocks. DRO.AX operates in Computer Hardware (Technology), while RKLB operates in Aerospace & Defense (Industrials). Over the past 3 years, DRO.AX returned 127.92%/yr vs 183.51%/yr for RKLB. At a correlation of -0.00, they often move in opposite directions.
Performance
DRO.AX vs. RKLB - Performance Comparison
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Different Trading Currencies
DRO.AX is traded in AUD, while RKLB is traded in USD. To make them comparable, the RKLB values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DRO.AX achieves a -3.90% return, which is significantly lower than RKLB's 61.41% return.
DRO.AX
- 1D
- -3.58%
- 1M
- -21.49%
- YTD
- -3.90%
- 6M
- 56.20%
- 1Y
- 87.94%
- 3Y*
- 127.92%
- 5Y*
- 77.08%
- 10Y*
- —
RKLB
- 1D
- 4.88%
- 1M
- 53.90%
- YTD
- 61.41%
- 6M
- 125.90%
- 1Y
- 306.91%
- 3Y*
- 183.51%
- 5Y*
- —
- 10Y*
- —
DRO.AX vs. RKLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DRO.AX DroneShield Limited | -3.90% | 302.61% | 106.76% | 68.18% | 25.71% | -16.67% |
RKLB Rocket Lab USA, Inc. | 61.41% | 154.00% | 406.93% | 46.79% | -67.27% | 6.01% |
Correlation
The correlation between DRO.AX and RKLB is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 2021 | -0.00 |
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Return for Risk
DRO.AX vs. RKLB — Risk / Return Rank
DRO.AX
RKLB
DRO.AX vs. RKLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DroneShield Limited (DRO.AX) 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.
| DRO.AX | RKLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.64 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | 7.30 | -6.12 |
| Martin ratioReturn relative to average drawdown | 2.17 | 15.50 | -13.33 |
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
| DRO.AX | RKLB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 3.43 | -2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.81 | -0.52 |
Drawdowns
DRO.AX vs. RKLB - Drawdown Comparison
The maximum DRO.AX drawdown since its inception was -82.63%, roughly equal to the maximum RKLB drawdown of -81.19%. Use the drawdown chart below to compare losses from any high point for DRO.AX and RKLB.
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Drawdown Indicators
| DRO.AX | RKLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.63% | -81.19% | -1.44% |
Max Drawdown (1Y)Largest decline over 1 year | -74.02% | -42.37% | -31.65% |
Max Drawdown (3Y)Largest decline over 3 years | -77.31% | -53.20% | -24.11% |
Max Drawdown (5Y)Largest decline over 5 years | -77.31% | — | — |
Current DrawdownCurrent decline from peak | -55.15% | -19.80% | -35.35% |
Average DrawdownAverage peak-to-trough decline | -50.39% | -50.26% | -0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.27% | 19.91% | +20.36% |
Volatility
DRO.AX vs. RKLB - Volatility Comparison
The current volatility for DroneShield Limited (DRO.AX) is 20.44%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 40.82%. This indicates that DRO.AX 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
| DRO.AX | RKLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.44% | 40.82% | -20.38% |
Volatility (6M)Calculated over the trailing 6-month period | 71.49% | 70.15% | +1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 111.08% | 90.10% | +20.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.26% | 79.24% | +7.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.38% | 79.24% | +10.14% |
Dividends
DRO.AX vs. RKLB - Dividend Comparison
Neither DRO.AX nor RKLB has paid dividends to shareholders.
Financials
DRO.AX vs. RKLB - Financials Comparison
This section allows you to compare key financial metrics between DroneShield Limited 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
Frequently Asked Questions
DRO.AX and RKLB have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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