RKLB vs. ENVA
RKLB (Rocket Lab USA, Inc.) and ENVA (Enova International, Inc.) are both stocks. RKLB operates in Aerospace & Defense (Industrials), while ENVA operates in Credit Services (Financial Services). Over the past 3 years, RKLB returned 158.32%/yr vs 53.36%/yr for ENVA. At a 0.38 correlation, their price movements are largely independent.
Performance
RKLB vs. ENVA - Performance Comparison
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Returns By Period
In the year-to-date period, RKLB achieves a 46.77% return, which is significantly higher than ENVA's 20.44% return.
RKLB
- 1D
- -10.79%
- 1M
- -22.75%
- YTD
- 46.77%
- 6M
- 66.51%
- 1Y
- 302.95%
- 3Y*
- 158.32%
- 5Y*
- —
- 10Y*
- —
ENVA
- 1D
- -0.14%
- 1M
- 13.51%
- YTD
- 20.44%
- 6M
- 16.35%
- 1Y
- 102.88%
- 3Y*
- 53.36%
- 5Y*
- 39.68%
- 10Y*
- 38.77%
RKLB vs. ENVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RKLB Rocket Lab USA, Inc. | 46.77% | 173.89% | 360.58% | 46.68% | -69.30% | 8.67% |
ENVA Enova International, Inc. | 20.44% | 63.95% | 73.19% | 44.28% | -6.32% | 28.76% |
Correlation
The correlation between RKLB and ENVA is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.38 |
The correlation between RKLB and ENVA shifts across timeframes, from 0.26 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
Fundamentals
RKLB:
$61.99B
ENVA:
$4.99B
RKLB:
-$0.33
ENVA:
$12.29
RKLB:
83.69
ENVA:
1.53
RKLB:
27.38
ENVA:
3.56
RKLB:
$679.58M
ENVA:
$3.28B
RKLB:
$248.43M
ENVA:
$1.23B
RKLB:
-$177.36M
ENVA:
$456.13M
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Return for Risk
RKLB vs. ENVA — Risk / Return Rank
RKLB
ENVA
RKLB vs. ENVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and Enova International, Inc. (ENVA). 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.
| RKLB | ENVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.40 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 6.74 | 4.04 | +2.70 |
| Martin ratioReturn relative to average drawdown | 15.44 | 10.44 | +5.00 |
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Drawdowns
RKLB vs. ENVA - Drawdown Comparison
The maximum RKLB drawdown since its inception was -82.96%, roughly equal to the maximum ENVA drawdown of -84.26%. Use the drawdown chart below to compare losses from any high point for RKLB and ENVA.
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Drawdown Indicators
| RKLB | ENVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.96% | -84.26% | +1.30% |
Max Drawdown (1Y)Largest decline over 1 year | -43.01% | -24.75% | -18.26% |
Max Drawdown (3Y)Largest decline over 3 years | -55.49% | -37.01% | -18.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.57% | — |
Current DrawdownCurrent decline from peak | -31.84% | -0.14% | -31.70% |
Average DrawdownAverage peak-to-trough decline | -51.29% | -31.82% | -19.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.75% | 9.57% | +9.18% |
Volatility
RKLB vs. ENVA - Volatility Comparison
Rocket Lab USA, Inc. (RKLB) has a higher volatility of 31.54% compared to Enova International, Inc. (ENVA) at 11.26%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than ENVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RKLB | ENVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.54% | 11.26% | +20.28% |
Volatility (6M)Calculated over the trailing 6-month period | 73.47% | 28.77% | +44.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.03% | 38.58% | +54.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.62% | 40.33% | +41.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.62% | 49.25% | +32.37% |
Dividends
RKLB vs. ENVA - Dividend Comparison
Neither RKLB nor ENVA has paid dividends to shareholders.
Financials
RKLB vs. ENVA - Financials Comparison
This section allows you to compare key financial metrics between Rocket Lab USA, Inc. and Enova International, 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. ENVA - 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%.
ENVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enova International, Inc. reported a gross profit of 0.00 and revenue of 875.14M. Therefore, the gross margin over that period was 0.0%.
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%.
ENVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enova International, Inc. reported an operating income of 207.11M and revenue of 875.14M, resulting in an operating margin of 23.7%.
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%.
ENVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enova International, Inc. reported a net income of 91.10M and revenue of 875.14M, resulting in a net margin of 10.4%.
Frequently Asked Questions
RKLB and ENVA have a correlation of 0.26, 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 ENVA (11.26%). In terms of maximum drawdown, RKLB dropped -82.96% vs ENVA's -84.26%.
RKLB currently has the higher Sharpe Ratio (3.12 vs 2.60), 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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