NASA vs. ROKT

Last updated Jun 16, 2026

NASA (Tema Space Innovators ETF) and ROKT (SPDR S&P Kensho Final Frontiers ETF) are both exchange-traded funds - NASA is a Aerospace & Defense fund actively managed by Tema, while ROKT is a Industrials Equities fund tracking the S&P Kensho Final Frontiers Index. NASA is actively managed, while ROKT is passively managed. Their correlation of 0.93 suggests significant overlap in exposure. NASA charges 0.75%/yr vs 0.45%/yr for ROKT.

Performance

NASA vs. ROKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema Space Innovators ETF (NASA) and SPDR S&P Kensho Final Frontiers ETF (ROKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NASA

• 1D: 1.72%
• 1M: -5.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ROKT

• 1D: -0.04%
• 1M: 2.04%
• YTD: 41.07%
• 6M: 45.45%
• 1Y: 96.86%
• 3Y*: 41.32%
• 5Y*: 23.72%
• 10Y*: —

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

NASA vs. ROKT - Yearly Performance Comparison

	2026 (YTD)
NASA Tema Space Innovators ETF	34.77%
ROKT SPDR S&P Kensho Final Frontiers ETF	25.97%

Correlation

The correlation between NASA and ROKT is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 31, 2026	0.93

Return for Risk

NASA vs. ROKT — Risk / Return Rank

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

NASA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ROKT

ROKT Risk / Return Rank: 92
ROKT Sharpe Ratio Rank: 94
ROKT Sortino Ratio Rank: 90
ROKT Omega Ratio Rank: 87
ROKT Calmar Ratio Rank: 94
ROKT 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.

NASA vs. ROKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Space Innovators ETF (NASA) and SPDR S&P Kensho Final Frontiers ETF (ROKT). 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.

	NASA	ROKT	Difference
Sharpe ratio: Return per unit of total volatility	—	3.14	—
Sortino ratio: Return per unit of downside risk	—	3.74	—
Omega ratio: Gain probability vs. loss probability	—	1.48	—
Calmar ratio: Return relative to maximum drawdown	—	6.38	—
Martin ratio: Return relative to average drawdown	—	25.67	—

Drawdowns

NASA vs. ROKT - Drawdown Comparison

The maximum NASA drawdown since its inception was -25.42%, smaller than the maximum ROKT drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for NASA and ROKT.

Drawdown Indicators

	NASA	ROKT	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-43.16%	+17.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.27%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.46%	—
Current Drawdown Current decline from peak	-22.46%	-12.23%	-10.23%
Average Drawdown Average peak-to-trough decline	-5.71%	-6.77%	+1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.79%	—

Volatility

Volatility by Period

	NASA	ROKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	68.70%	31.03%	+37.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.70%	23.33%	+45.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.70%	25.42%	+43.28%

NASA vs. ROKT - Expense Ratio Comparison

NASA has a 0.75% expense ratio, which is higher than ROKT's 0.45% expense ratio.

Dividends

NASA vs. ROKT - Dividend Comparison

NASA has not paid dividends to shareholders, while ROKT's dividend yield for the trailing twelve months is around 0.28%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NASA Tema Space Innovators ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROKT SPDR S&P Kensho Final Frontiers ETF	0.28%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%

Frequently Asked Questions

Can I hold both NASA and ROKT in my portfolio?

With a correlation of 0.93, NASA and ROKT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, NASA or ROKT?

On fees, ROKT is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NASA or ROKT?

ROKT is cheaper with a 0.45% expense ratio, compared with 0.75% for NASA.

Which ETF pays a higher dividend yield, NASA or ROKT?

ROKT has the higher dividend yield at 0.28%, compared with 0.00% for NASA.

What is the main difference between NASA and ROKT?

NASA is categorized as Aerospace & Defense, while ROKT is Industrials Equities. They also come from different issuers: Tema and State Street. Their fees differ too: 0.75% for NASA and 0.45% for ROKT.