RKLB vs. HOOD
RKLB (Rocket Lab USA, Inc.) and HOOD (Robinhood Markets, Inc.) are both stocks. RKLB operates in Aerospace & Defense (Industrials), while HOOD operates in Capital Markets (Financial Services). Over the past 3 years, RKLB returned 158.32%/yr vs 113.32%/yr for HOOD. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
RKLB vs. HOOD - 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 HOOD's -17.60% return.
RKLB
- 1D
- -10.79%
- 1M
- -17.53%
- YTD
- 46.77%
- 6M
- 66.51%
- 1Y
- 287.84%
- 3Y*
- 158.32%
- 5Y*
- —
- 10Y*
- —
HOOD
- 1D
- 1.04%
- 1M
- 21.42%
- YTD
- -17.60%
- 6M
- -22.02%
- 1Y
- 26.21%
- 3Y*
- 113.32%
- 5Y*
- —
- 10Y*
- —
RKLB vs. HOOD - 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% |
HOOD Robinhood Markets, Inc. | -17.60% | 203.54% | 192.46% | 56.51% | -54.17% | -60.79% |
Correlation
The correlation between RKLB and HOOD is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.51 |
The correlation between RKLB and HOOD has been stable across timeframes, ranging from 0.49 to 0.51 - a consistent structural relationship.
Fundamentals
RKLB:
$61.99B
HOOD:
$85.27B
RKLB:
-$0.33
HOOD:
$2.07
RKLB:
83.69
HOOD:
21.83
RKLB:
27.38
HOOD:
8.80
RKLB:
$679.58M
HOOD:
$3.91B
RKLB:
$248.43M
HOOD:
$2.86B
RKLB:
-$177.36M
HOOD:
$1.80B
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Return for Risk
RKLB vs. HOOD — Risk / Return Rank
RKLB
HOOD
RKLB vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and Robinhood Markets, Inc. (HOOD). 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 | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.10 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.12 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 6.74 | 0.46 | +6.28 |
| Martin ratioReturn relative to average drawdown | 15.44 | 0.83 | +14.61 |
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Drawdowns
RKLB vs. HOOD - Drawdown Comparison
The maximum RKLB drawdown since its inception was -82.96%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for RKLB and HOOD.
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Drawdown Indicators
| RKLB | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.96% | -90.21% | +7.25% |
Max Drawdown (1Y)Largest decline over 1 year | -43.01% | -57.26% | +14.25% |
Max Drawdown (3Y)Largest decline over 3 years | -55.49% | -57.26% | +1.77% |
Current DrawdownCurrent decline from peak | -31.84% | -38.88% | +7.04% |
Average DrawdownAverage peak-to-trough decline | -51.29% | -60.85% | +9.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.75% | 31.69% | -12.94% |
Volatility
RKLB vs. HOOD - Volatility Comparison
Rocket Lab USA, Inc. (RKLB) has a higher volatility of 31.54% compared to Robinhood Markets, Inc. (HOOD) at 23.07%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RKLB | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.54% | 23.07% | +8.47% |
Volatility (6M)Calculated over the trailing 6-month period | 73.47% | 50.85% | +22.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.03% | 69.33% | +23.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.62% | 74.06% | +7.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.62% | 74.06% | +7.56% |
Dividends
RKLB vs. HOOD - Dividend Comparison
Neither RKLB nor HOOD has paid dividends to shareholders.
Financials
RKLB vs. HOOD - Financials Comparison
This section allows you to compare key financial metrics between Rocket Lab USA, Inc. and Robinhood Markets, 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. HOOD - 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%.
HOOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a gross profit of 0.00 and revenue of 359.00M. 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%.
HOOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported an operating income of 0.00 and revenue of 359.00M, resulting in an operating margin of 0.0%.
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%.
HOOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a net income of 346.00M and revenue of 359.00M, resulting in a net margin of 96.4%.
Frequently Asked Questions
RKLB and HOOD have a correlation of 0.51, 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 HOOD (23.07%). In terms of maximum drawdown, RKLB dropped -82.96% vs HOOD's -90.21%.
RKLB currently has the higher Sharpe Ratio (3.12 vs 0.38), 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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