RKLB vs. AAPL
RKLB (Rocket Lab USA, Inc.) and AAPL (Apple Inc) are both stocks. RKLB operates in Aerospace & Defense (Industrials), while AAPL operates in Consumer Electronics (Technology). Over the past 3 years, RKLB returned 179.23%/yr vs 19.11%/yr for AAPL. At a 0.30 correlation, their price movements are largely independent.
Performance
RKLB vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, RKLB achieves a 62.92% return, which is significantly higher than AAPL's 11.12% return.
RKLB
- 1D
- 3.24%
- 1M
- 7.76%
- YTD
- 62.92%
- 6M
- 120.42%
- 1Y
- 292.98%
- 3Y*
- 179.23%
- 5Y*
- —
- 10Y*
- —
AAPL
- 1D
- -1.89%
- 1M
- 2.90%
- YTD
- 11.12%
- 6M
- 8.71%
- 1Y
- 48.46%
- 3Y*
- 19.11%
- 5Y*
- 19.46%
- 10Y*
- 29.63%
RKLB vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RKLB Rocket Lab USA, Inc. | 62.92% | 173.89% | 360.58% | 46.68% | -69.30% | 8.67% |
AAPL Apple Inc | 11.12% | 9.05% | 30.71% | 49.01% | -26.40% | 18.78% |
Correlation
The correlation between RKLB and AAPL is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.30 |
Over the past year, the correlation between RKLB and AAPL has dropped to 0.10 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
RKLB:
$68.81B
AAPL:
$4.45T
RKLB:
-$0.33
AAPL:
$8.24
RKLB:
92.89
AAPL:
9.94
RKLB:
30.39
AAPL:
41.82
RKLB:
$679.58M
AAPL:
$451.44B
RKLB:
$248.43M
AAPL:
$216.07B
RKLB:
-$177.36M
AAPL:
$153.63B
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Return for Risk
RKLB vs. AAPL — Risk / Return Rank
RKLB
AAPL
RKLB vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and Apple Inc (AAPL). 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.
| RKLB | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.39 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 6.86 | 3.53 | +3.33 |
| Martin ratioReturn relative to average drawdown | 15.94 | 8.89 | +7.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RKLB | AAPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.20 | 2.18 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.44 | +0.31 |
Drawdowns
RKLB vs. AAPL - Drawdown Comparison
The maximum RKLB drawdown since its inception was -82.96%, roughly equal to the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for RKLB and AAPL.
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Drawdown Indicators
| RKLB | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.96% | -81.80% | -1.16% |
Max Drawdown (1Y)Largest decline over 1 year | -43.01% | -13.80% | -29.21% |
Max Drawdown (3Y)Largest decline over 3 years | -55.49% | -33.36% | -22.13% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.52% | — |
Current DrawdownCurrent decline from peak | -24.35% | -4.33% | -20.02% |
Average DrawdownAverage peak-to-trough decline | -51.40% | -29.60% | -21.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.48% | 5.48% | +13.00% |
Volatility
RKLB vs. AAPL - Volatility Comparison
Rocket Lab USA, Inc. (RKLB) has a higher volatility of 41.86% compared to Apple Inc (AAPL) at 5.68%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RKLB | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.86% | 5.68% | +36.18% |
Volatility (6M)Calculated over the trailing 6-month period | 72.23% | 15.99% | +56.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.32% | 22.41% | +69.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.48% | 27.47% | +54.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.48% | 28.91% | +52.57% |
Dividends
RKLB vs. AAPL - Dividend Comparison
RKLB has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.35%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.35% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
RKLB Rocket Lab USA, 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% |
Financials
RKLB vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Rocket Lab USA, Inc. and Apple 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
RKLB vs. AAPL - Profitability Comparison
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%.
AAPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a gross profit of 54.78B and revenue of 111.18B. Therefore, the gross margin over that period was 49.3%.
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%.
AAPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported an operating income of 35.89B and revenue of 111.18B, resulting in an operating margin of 32.3%.
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%.
AAPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a net income of 29.58B and revenue of 111.18B, resulting in a net margin of 26.6%.
Frequently Asked Questions
RKLB and AAPL have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RKLB has higher volatility (41.86%) compared to AAPL (5.68%). In terms of maximum drawdown, RKLB dropped -82.96% vs AAPL's -81.80%.
RKLB currently has the higher Sharpe Ratio (3.20 vs 2.18), 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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