RCKT vs. UFO
Compare and contrast key facts about Rocket Pharmaceuticals, Inc. (RCKT) and Procure Space ETF (UFO).
UFO is a passively managed fund by ProcureAM that tracks the performance of the S-Network Space Index. It was launched on Apr 11, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RCKT or UFO.
Key characteristics
| RCKT | UFO | |
|---|---|---|
| YTD Return | -50.55% | 16.30% |
| 1Y Return | -32.14% | 34.53% |
| 3Y Return (Ann) | -17.02% | -9.25% |
| 5Y Return (Ann) | 0.37% | -1.98% |
| Sharpe Ratio | -0.66 | 1.40 |
| Sortino Ratio | -0.76 | 2.13 |
| Omega Ratio | 0.91 | 1.24 |
| Calmar Ratio | -0.42 | 0.72 |
| Martin Ratio | -1.12 | 3.77 |
| Ulcer Index | 29.31% | 9.57% |
| Daily Std Dev | 50.02% | 25.87% |
| Max Drawdown | -94.90% | -50.33% |
| Current Drawdown | -79.01% | -28.39% |
Correlation
The correlation between RCKT and UFO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RCKT vs. UFO - Performance Comparison
In the year-to-date period, RCKT achieves a -50.55% return, which is significantly lower than UFO's 16.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
RCKT vs. UFO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Pharmaceuticals, Inc. (RCKT) and Procure Space ETF (UFO). 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.
Dividends
RCKT vs. UFO - Dividend Comparison
RCKT has not paid dividends to shareholders, while UFO's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
RCKT Rocket Pharmaceuticals, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UFO Procure Space ETF | 1.24% | 1.90% | 3.19% | 1.00% | 1.07% | 0.44% |
Drawdowns
RCKT vs. UFO - Drawdown Comparison
The maximum RCKT drawdown since its inception was -94.90%, which is greater than UFO's maximum drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for RCKT and UFO. For additional features, visit the drawdowns tool.
Volatility
RCKT vs. UFO - Volatility Comparison
Rocket Pharmaceuticals, Inc. (RCKT) has a higher volatility of 12.49% compared to Procure Space ETF (UFO) at 8.68%. This indicates that RCKT's price experiences larger fluctuations and is considered to be riskier than UFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.