MDGL vs. RKLB
MDGL (Madrigal Pharmaceuticals, Inc.) and RKLB (Rocket Lab USA, Inc.) are both stocks. MDGL operates in Biotechnology (Healthcare), while RKLB operates in Aerospace & Defense (Industrials). Over the past 3 years, MDGL returned 21.44%/yr vs 158.32%/yr for RKLB. At a 0.26 correlation, their price movements are largely independent.
Performance
MDGL vs. RKLB - Performance Comparison
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Returns By Period
In the year-to-date period, MDGL achieves a -17.44% return, which is significantly lower than RKLB's 46.77% return.
MDGL
- 1D
- 1.37%
- 1M
- -10.95%
- YTD
- -17.44%
- 6M
- -15.87%
- 1Y
- 62.66%
- 3Y*
- 21.44%
- 5Y*
- 34.82%
- 10Y*
- 46.09%
RKLB
- 1D
- -10.79%
- 1M
- -17.94%
- YTD
- 46.77%
- 6M
- 66.51%
- 1Y
- 302.95%
- 3Y*
- 158.32%
- 5Y*
- —
- 10Y*
- —
MDGL vs. RKLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MDGL Madrigal Pharmaceuticals, Inc. | -17.44% | 88.72% | 33.36% | -20.28% | 242.52% | 1.03% |
RKLB Rocket Lab USA, Inc. | 46.77% | 173.89% | 360.58% | 46.68% | -69.30% | 8.67% |
Correlation
The correlation between MDGL and RKLB is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.26 |
Fundamentals
MDGL:
$13.96B
RKLB:
$61.99B
MDGL:
-$12.87
RKLB:
-$0.33
MDGL:
10.21
RKLB:
83.69
MDGL:
25.68
RKLB:
27.38
MDGL:
$1.13B
RKLB:
$679.58M
MDGL:
$1.05B
RKLB:
$248.43M
MDGL:
-$287.63M
RKLB:
-$177.36M
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Return for Risk
MDGL vs. RKLB — Risk / Return Rank
MDGL
RKLB
MDGL vs. RKLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madrigal Pharmaceuticals, Inc. (MDGL) 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.
| MDGL | RKLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 6.74 | -4.63 |
| Martin ratioReturn relative to average drawdown | 4.63 | 15.44 | -10.80 |
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Drawdowns
MDGL vs. RKLB - Drawdown Comparison
The maximum MDGL drawdown since its inception was -98.40%, which is greater than RKLB's maximum drawdown of -82.96%. Use the drawdown chart below to compare losses from any high point for MDGL and RKLB.
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Drawdown Indicators
| MDGL | RKLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.40% | -82.96% | -15.44% |
Max Drawdown (1Y)Largest decline over 1 year | -29.36% | -43.01% | +13.65% |
Max Drawdown (3Y)Largest decline over 3 years | -52.88% | -55.49% | +2.61% |
Max Drawdown (5Y)Largest decline over 5 years | -61.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -82.19% | — | — |
Current DrawdownCurrent decline from peak | -20.25% | -31.84% | +11.59% |
Average DrawdownAverage peak-to-trough decline | -58.52% | -51.29% | -7.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.38% | 18.75% | -5.37% |
Volatility
MDGL vs. RKLB - Volatility Comparison
The current volatility for Madrigal Pharmaceuticals, Inc. (MDGL) is 13.71%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 31.54%. This indicates that MDGL 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
| MDGL | RKLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.71% | 31.54% | -17.83% |
Volatility (6M)Calculated over the trailing 6-month period | 31.76% | 73.47% | -41.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.97% | 93.03% | -47.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 133.37% | 81.62% | +51.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.49% | 81.62% | +35.87% |
Dividends
MDGL vs. RKLB - Dividend Comparison
Neither MDGL nor RKLB has paid dividends to shareholders.
Financials
MDGL vs. RKLB - Financials Comparison
This section allows you to compare key financial metrics between Madrigal Pharmaceuticals, 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
MDGL vs. RKLB - Profitability Comparison
MDGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Madrigal Pharmaceuticals, Inc. reported a gross profit of 284.49M and revenue of 311.34M. Therefore, the gross margin over that period was 91.4%.
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%.
MDGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Madrigal Pharmaceuticals, Inc. reported an operating income of -92.72M and revenue of 311.34M, resulting in an operating margin of -29.8%.
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%.
MDGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Madrigal Pharmaceuticals, Inc. reported a net income of -94.39M and revenue of 311.34M, resulting in a net margin of -30.3%.
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
MDGL and RKLB have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RKLB has higher volatility (31.54%) compared to MDGL (13.71%). In terms of maximum drawdown, MDGL dropped -98.40% vs RKLB's -82.96%.
RKLB currently has the higher Sharpe Ratio (3.12 vs 1.35), 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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