RKLB vs. HEI
RKLB (Rocket Lab USA, Inc.) and HEI (HEICO Corporation) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, RKLB returned 179.23%/yr vs 25.63%/yr for HEI. At a 0.32 correlation, their price movements are largely independent.
Performance
RKLB vs. HEI - 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 HEI's 0.01% return.
RKLB
- 1D
- 3.24%
- 1M
- 7.76%
- YTD
- 62.92%
- 6M
- 120.42%
- 1Y
- 292.98%
- 3Y*
- 179.23%
- 5Y*
- —
- 10Y*
- —
HEI
- 1D
- -2.39%
- 1M
- 10.59%
- YTD
- 0.01%
- 6M
- 2.87%
- 1Y
- 6.72%
- 3Y*
- 25.63%
- 5Y*
- 17.50%
- 10Y*
- 25.42%
RKLB vs. HEI - 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% |
HEI HEICO Corporation | 0.01% | 36.22% | 33.05% | 16.56% | 6.67% | 12.12% |
Correlation
The correlation between RKLB and HEI is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.32 |
Fundamentals
RKLB:
$68.81B
HEI:
$45.63B
RKLB:
-$0.33
HEI:
$5.60
RKLB:
92.89
HEI:
9.29
RKLB:
30.39
HEI:
8.46
RKLB:
$679.58M
HEI:
$4.91B
RKLB:
$248.43M
HEI:
$943.00M
RKLB:
-$177.36M
HEI:
$1.12B
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Return for Risk
RKLB vs. HEI — Risk / Return Rank
RKLB
HEI
RKLB vs. HEI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and HEICO Corporation (HEI). 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 | HEI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.07 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 6.86 | 0.25 | +6.61 |
| Martin ratioReturn relative to average drawdown | 15.94 | 0.60 | +15.34 |
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 | HEI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.20 | 0.21 | +3.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.83 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.51 | +0.24 |
Drawdowns
RKLB vs. HEI - Drawdown Comparison
The maximum RKLB drawdown since its inception was -82.96%, which is greater than HEI's maximum drawdown of -75.50%. Use the drawdown chart below to compare losses from any high point for RKLB and HEI.
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Drawdown Indicators
| RKLB | HEI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.96% | -75.50% | -7.46% |
Max Drawdown (1Y)Largest decline over 1 year | -43.01% | -27.11% | -15.90% |
Max Drawdown (3Y)Largest decline over 3 years | -55.49% | -27.11% | -28.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.73% | — |
Current DrawdownCurrent decline from peak | -24.35% | -9.65% | -14.70% |
Average DrawdownAverage peak-to-trough decline | -51.40% | -19.96% | -31.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.48% | 11.14% | +7.34% |
Volatility
RKLB vs. HEI - Volatility Comparison
Rocket Lab USA, Inc. (RKLB) has a higher volatility of 41.86% compared to HEICO Corporation (HEI) at 13.61%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than HEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RKLB | HEI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.86% | 13.61% | +28.25% |
Volatility (6M)Calculated over the trailing 6-month period | 72.23% | 27.21% | +45.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.32% | 32.79% | +59.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.48% | 27.59% | +53.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.48% | 30.61% | +50.87% |
Dividends
RKLB vs. HEI - Dividend Comparison
RKLB has not paid dividends to shareholders, while HEI's dividend yield for the trailing twelve months is around 0.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEI HEICO Corporation | 0.07% | 0.07% | 0.09% | 0.11% | 0.12% | 0.12% | 0.12% | 0.12% | 0.14% | 0.08% | 0.22% | 0.28% |
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. HEI - Financials Comparison
This section allows you to compare key financial metrics between Rocket Lab USA, Inc. and HEICO Corporation. 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. HEI - 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%.
HEI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a gross profit of -454.96M and revenue of 1.38B. Therefore, the gross margin over that period was -33.1%.
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%.
HEI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported an operating income of 350.44M and revenue of 1.38B, resulting in an operating margin of 25.5%.
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%.
HEI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a net income of 233.80M and revenue of 1.38B, resulting in a net margin of 17.0%.
Frequently Asked Questions
RKLB and HEI have a correlation of 0.35, 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 HEI (13.61%). In terms of maximum drawdown, RKLB dropped -82.96% vs HEI's -75.50%.
RKLB currently has the higher Sharpe Ratio (3.20 vs 0.21), 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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