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RKLB vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RKLB vs. HDV

Last updated Jun 4, 2026

RKLB (Rocket Lab USA, Inc.) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 3 years, RKLB returned 186.06%/yr vs 14.94%/yr for HDV. At a 0.20 correlation, their price movements are largely independent.

Performance

RKLB vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rocket Lab USA, Inc. (RKLB) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RKLB achieves a 64.42% return, which is significantly higher than HDV's 12.69% return.

RKLB

1D
-6.99%
1M
42.82%
YTD
64.42%
6M
156.48%
1Y
329.27%
3Y*
186.06%
5Y*
—
10Y*
—

HDV

1D
0.37%
1M
0.29%
YTD
12.69%
6M
12.16%
1Y
20.35%
3Y*
14.94%
5Y*
10.32%
10Y*
9.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RKLB vs. HDV - Yearly Performance Comparison

2026 (YTD)20252024202320222021
RKLB
Rocket Lab USA, Inc.		64.42%173.89%360.58%46.68%-69.30%6.14%
HDV
iShares Core High Dividend ETF		12.69%11.90%14.16%1.72%7.05%5.64%

Correlation

The correlation between RKLB and HDV is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.14

Correlation (All Time)
Calculated using the full available price history since Aug 25, 2021

0.20

The correlation between RKLB and HDV shifts across timeframes, from 0.04 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

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Rocket Lab USA, Inc.

iShares Core High Dividend ETF

Often compared with RKLB:
RKLB vs. RDWRKLB vs. PLRKLB vs. ASTRRKLB vs. LUNRRKLB vs. JOBYRKLB vs. LMTRKLB vs. SPIR
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

RKLB vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RKLB
RKLB Risk / Return Rank: 9393
Overall Rank
RKLB Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
RKLB Sortino Ratio Rank: 9191
Sortino Ratio Rank
RKLB Omega Ratio Rank: 8888
Omega Ratio Rank
RKLB Calmar Ratio Rank: 9595
Calmar Ratio Rank
RKLB Martin Ratio Rank: 9494
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 6464
Overall Rank
HDV Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 6666
Sortino Ratio Rank
HDV Omega Ratio Rank: 5757
Omega Ratio Rank
HDV Calmar Ratio Rank: 7676
Calmar Ratio Rank
HDV Martin Ratio Rank: 6161
Martin Ratio Rank
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.

RKLB vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and iShares Core High Dividend ETF (HDV). 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.

RKLBHDVDifference
Sharpe ratioReturn per unit of total volatility
3.61
2.10

+1.50

Sortino ratioReturn per unit of downside risk
3.37
3.11

+0.26

Omega ratioGain probability vs. loss probability

1.41

1.36

+0.05

Calmar ratioReturn relative to maximum drawdown

7.71

3.95

+3.77

Martin ratioReturn relative to average drawdown

18.10

11.02

+7.09

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RKLB vs. HDV - Sharpe Ratio Comparison

The current RKLB Sharpe Ratio is 3.61, which is higher than the HDV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of RKLB and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

RKLBHDVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.61

2.10

+1.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.81

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

0.72

+0.04

Drawdowns

RKLB vs. HDV - Drawdown Comparison

The maximum RKLB drawdown since its inception was -82.96%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for RKLB and HDV.

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Drawdown Indicators

RKLBHDVDifference

Max Drawdown

Largest peak-to-trough decline

-82.96%

-37.04%

-45.92%

Max Drawdown (1Y)

Largest decline over 1 year

-43.01%

-5.18%

-37.83%

Max Drawdown (3Y)

Largest decline over 3 years

-55.49%

-10.49%

-45.00%

Max Drawdown (5Y)

Largest decline over 5 years

—

-15.42%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.04%

—

Current Drawdown

Current decline from peak

-23.65%

-2.54%

-21.11%

Average Drawdown

Average peak-to-trough decline

-51.47%

-3.09%

-48.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.29%

1.85%

+16.44%

Volatility

RKLB vs. HDV - Volatility Comparison

Rocket Lab USA, Inc. (RKLB) has a higher volatility of 42.00% compared to iShares Core High Dividend ETF (HDV) at 3.19%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RKLBHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

42.00%

3.19%

+38.81%

Volatility (6M)

Calculated over the trailing 6-month period

72.36%

7.56%

+64.80%

Volatility (1Y)

Calculated over the trailing 1-year period

92.02%

9.73%

+82.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

81.45%

12.82%

+68.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

81.45%

15.73%

+65.72%

Dividends

RKLB vs. HDV - Dividend Comparison

RKLB has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 2.91%.

PositionTTM20252024202320222021202020192018201720162015
HDV
iShares Core High Dividend ETF		2.91%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%
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%

Frequently Asked Questions

RKLB and HDV have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RKLB has higher volatility (42.00%) compared to HDV (3.19%). In terms of maximum drawdown, RKLB dropped -82.96% vs HDV's -37.04%.

RKLB currently has the higher Sharpe Ratio (3.61 vs 2.10), 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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