QQQM vs. RKLB
QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while RKLB (Rocket Lab USA, Inc.) is a stock. Over the past 3 years, QQQM returned 26.52%/yr vs 158.32%/yr for RKLB. At a 0.49 correlation, their price movements are largely independent.
Performance
QQQM vs. RKLB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQQM achieves a 17.59% return, which is significantly lower than RKLB's 46.77% return.
QQQM
- 1D
- 0.67%
- 1M
- 0.97%
- YTD
- 17.59%
- 6M
- 17.91%
- 1Y
- 35.90%
- 3Y*
- 26.52%
- 5Y*
- 16.94%
- 10Y*
- —
RKLB
- 1D
- -10.79%
- 1M
- -17.53%
- YTD
- 46.77%
- 6M
- 66.51%
- 1Y
- 287.84%
- 3Y*
- 158.32%
- 5Y*
- —
- 10Y*
- —
QQQM vs. RKLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 17.59% | 20.85% | 25.68% | 55.01% | -32.52% | 6.86% |
RKLB Rocket Lab USA, Inc. | 46.77% | 173.89% | 360.58% | 46.68% | -69.30% | 8.67% |
Correlation
The correlation between QQQM and RKLB is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.49 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQQM vs. RKLB — Risk / Return Rank
QQQM
RKLB
QQQM vs. RKLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) 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.
| QQQM | RKLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.38 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 6.74 | -3.73 |
| Martin ratioReturn relative to average drawdown | 11.23 | 15.44 | -4.20 |
Loading charts...
Drawdowns
QQQM vs. RKLB - Drawdown Comparison
The maximum QQQM drawdown since its inception was -35.04%, smaller than the maximum RKLB drawdown of -82.96%. Use the drawdown chart below to compare losses from any high point for QQQM and RKLB.
Loading charts...
Drawdown Indicators
| QQQM | RKLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -82.96% | +47.92% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -43.01% | +31.05% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -55.49% | +32.79% |
Max Drawdown (5Y)Largest decline over 5 years | -35.04% | — | — |
Current DrawdownCurrent decline from peak | -3.33% | -31.84% | +28.51% |
Average DrawdownAverage peak-to-trough decline | -8.23% | -51.29% | +43.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 18.75% | -15.54% |
Volatility
QQQM vs. RKLB - Volatility Comparison
The current volatility for Invesco NASDAQ 100 ETF (QQQM) is 7.45%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 31.54%. This indicates that QQQM 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.
Loading charts...
Volatility by Period
| QQQM | RKLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 31.54% | -24.09% |
Volatility (6M)Calculated over the trailing 6-month period | 13.71% | 73.47% | -59.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.11% | 93.03% | -75.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.40% | 81.62% | -59.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.22% | 81.62% | -59.40% |
Dividends
QQQM vs. RKLB - Dividend Comparison
QQQM's dividend yield for the trailing twelve months is around 0.43%, while RKLB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 0.43% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
RKLB Rocket Lab USA, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQQM and RKLB have a correlation of 0.41, 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 QQQM (7.45%). In terms of maximum drawdown, QQQM dropped -35.04% vs RKLB's -82.96%.
RKLB currently has the higher Sharpe Ratio (3.12 vs 2.11), 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.
Find the right allocation for QQQM and RKLB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer