RCKT vs. SMH

Last updated Jun 4, 2026

RCKT (Rocket Pharmaceuticals, Inc.) is a stock, while SMH (VanEck Semiconductor ETF) is Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. Over the past 10 years, RCKT returned -22.19%/yr vs 37.68%/yr for SMH. At a 0.33 correlation, their price movements are largely independent.

Performance

RCKT vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rocket Pharmaceuticals, Inc. (RCKT) and VanEck Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RCKT achieves a -16.81% return, which is significantly lower than SMH's 77.13% return. Over the past 10 years, RCKT has underperformed SMH with an annualized return of -22.19%, while SMH has yielded a comparatively higher 37.68% annualized return.

RCKT

• 1D: 1.04%
• 1M: -19.11%
• YTD: -16.81%
• 6M: -12.57%
• 1Y: -1.35%
• 3Y*: -48.87%
• 5Y*: -41.43%
• 10Y*: -22.19%

SMH

• 1D: 0.90%
• 1M: 25.87%
• YTD: 77.13%
• 6M: 75.61%
• 1Y: 157.20%
• 3Y*: 64.17%
• 5Y*: 39.21%
• 10Y*: 37.68%

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

RCKT vs. SMH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RCKT Rocket Pharmaceuticals, Inc.	-16.81%	-72.08%	-58.06%	53.14%	-10.35%	-60.19%	140.95%	53.58%	41.95%	-57.21%
SMH VanEck Semiconductor ETF	77.13%	49.17%	39.10%	73.38%	-33.53%	42.13%	55.53%	64.45%	-9.05%	38.48%

Correlation

The correlation between RCKT and SMH is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Feb 19, 2015	0.33

Return for Risk

RCKT vs. SMH — Risk / Return Rank

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

RCKT

RCKT Risk / Return Rank: 41
RCKT Sharpe Ratio Rank: 40
RCKT Sortino Ratio Rank: 44
RCKT Omega Ratio Rank: 42
RCKT Calmar Ratio Rank: 39
RCKT Martin Ratio Rank: 39

SMH

SMH Risk / Return Rank: 96
SMH Sharpe Ratio Rank: 98
SMH Sortino Ratio Rank: 95
SMH Omega Ratio Rank: 95
SMH Calmar Ratio Rank: 97
SMH Martin Ratio Rank: 96

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.

RCKT vs. SMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rocket Pharmaceuticals, Inc. (RCKT) and VanEck Semiconductor ETF (SMH). 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.

	RCKT	SMH	Difference
Sharpe ratio Return per unit of total volatility	-0.02	5.19	-5.20
Sortino ratio Return per unit of downside risk	0.61	5.22	-4.60
Omega ratio Gain probability vs. loss probability	1.07	1.72	-0.65
Calmar ratio Return relative to maximum drawdown	-0.03	10.59	-10.62
Martin ratio Return relative to average drawdown	-0.07	40.63	-40.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RCKT vs. SMH - Sharpe Ratio Comparison

The current RCKT Sharpe Ratio is -0.02, which is lower than the SMH Sharpe Ratio of 5.19. The chart below compares the historical Sharpe Ratios of RCKT and SMH, 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

	RCKT	SMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	5.19	-5.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.53	1.13	-1.66
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.26	1.16	-1.43
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.34	-0.51

Drawdowns

RCKT vs. SMH - Drawdown Comparison

The maximum RCKT drawdown since its inception was -96.70%, which is greater than SMH's maximum drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for RCKT and SMH.

Drawdown Indicators

	RCKT	SMH	Difference
Max Drawdown Largest peak-to-trough decline	-96.70%	-84.96%	-11.74%
Max Drawdown (1Y) Largest decline over 1 year	-45.47%	-14.93%	-30.54%
Max Drawdown (3Y) Largest decline over 3 years	-92.71%	-35.74%	-56.97%
Max Drawdown (5Y) Largest decline over 5 years	-95.24%	-45.30%	-49.94%
Max Drawdown (10Y) Largest decline over 10 years	-96.46%	-45.30%	-51.16%
Current Drawdown Current decline from peak	-95.86%	0.00%	-95.86%
Average Drawdown Average peak-to-trough decline	-68.51%	-41.09%	-27.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.74%	3.89%	+16.85%

Volatility

RCKT vs. SMH - Volatility Comparison

Rocket Pharmaceuticals, Inc. (RCKT) has a higher volatility of 17.03% compared to VanEck Semiconductor ETF (SMH) at 11.47%. This indicates that RCKT's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCKT	SMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.03%	11.47%	+5.56%
Volatility (6M) Calculated over the trailing 6-month period	51.18%	24.29%	+26.89%
Volatility (1Y) Calculated over the trailing 1-year period	79.57%	30.56%	+49.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.33%	35.01%	+43.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	84.04%	32.57%	+51.47%

Dividends

RCKT vs. SMH - Dividend Comparison

RCKT has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RCKT Rocket Pharmaceuticals, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMH VanEck Semiconductor ETF	0.17%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%

Frequently Asked Questions

Can I hold both RCKT and SMH in my portfolio?

RCKT and SMH have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RCKT or SMH?

RCKT has higher volatility (17.03%) compared to SMH (11.47%). In terms of maximum drawdown, RCKT dropped -96.70% vs SMH's -84.96%.

Which has better risk-adjusted returns?

SMH currently has the higher Sharpe Ratio (5.19 vs -0.02), 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.