RKLB vs. LVHD

Last updated Aug 1, 2026

RKLB (Rocket Lab USA, Inc.) is a stock, while LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) is Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index. Over the past 3 years, RKLB returned 107.59%/yr vs 9.83%/yr for LVHD. Their 0.18 correlation means their historical movements had little consistent relationship.

Performance

RKLB vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rocket Lab USA, Inc. (RKLB) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RKLB achieves a -6.90% return, which is significantly lower than LVHD's 13.58% return.

RKLB

• 1D: 0.42%
• 1M: -35.35%
• 6M: -18.88%
• YTD: -6.90%
• 1Y: 44.95%
• 3Y*: 107.59%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.54%

LVHD

• 1D: -0.11%
• 1M: -0.55%
• 6M: 7.65%
• YTD: 13.58%
• 1Y: 14.84%
• 3Y*: 9.83%
• 5Y*: 7.39%
• 10Y*: 8.26%
• ALL TIME*: 9.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	$2.24M	$2.50M	$2.89M
RKLB Rocket Lab USA, Inc.	$1.17B	$1.42B	$2.73B

RKLB vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RKLB Rocket Lab USA, Inc.	-6.90%	173.89%	360.58%	46.68%	-69.30%	8.67%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	13.58%	7.50%	10.18%	-0.95%	-1.82%	6.46%

Correlation

The correlation between RKLB and LVHD is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.06
Correlation (3Y) Balances recent behavior with more history.	0.13
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021	0.18

The correlation between RKLB and LVHD shifts across timeframes, from -0.06 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RKLB vs. LVHD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RKLB

RKLB Risk / Return Rank: 62
RKLB Sharpe Ratio Rank: 61
RKLB Sortino Ratio Rank: 66
RKLB Omega Ratio Rank: 62
RKLB Calmar Ratio Rank: 61
RKLB Martin Ratio Rank: 62

LVHD

LVHD Risk / Return Rank: 61
LVHD Sharpe Ratio Rank: 61
LVHD Sortino Ratio Rank: 65
LVHD Omega Ratio Rank: 56
LVHD Calmar Ratio Rank: 70
LVHD Martin Ratio Rank: 51

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RKLB vs. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). 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	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	0.44	1.41	-0.98
Sortino ratio: Return per unit of downside risk	1.28	2.13	-0.85
Omega ratio: Gain probability vs. loss probability	1.15	1.25	-0.10
Calmar ratio: Return relative to maximum drawdown	0.68	2.41	-1.73
Martin ratio: Return relative to average drawdown	1.68	5.96	-4.28

RKLB vs. LVHD - Sharpe Ratio Comparison

The current RKLB Sharpe Ratio is 0.44, which is lower than the LVHD Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of RKLB and LVHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RKLB vs. LVHD - Drawdown Comparison

The maximum RKLB drawdown since its inception was -82.96%, which is greater than LVHD's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for RKLB and LVHD.

Drawdown Indicators

	RKLB	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-82.96%	-37.32%	-45.64%
Max Drawdown (1Y) Largest decline over 1 year	-60.99%	-6.17%	-54.82%
Max Drawdown (3Y) Largest decline over 3 years	-60.99%	-11.87%	-49.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.32%	—
Current Drawdown Current decline from peak	-56.77%	-2.12%	-54.65%
Average Drawdown Average peak-to-trough decline	-51.12%	-4.00%	-47.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.74%	2.49%	+22.25%

Volatility

RKLB vs. LVHD - Volatility Comparison

Rocket Lab USA, Inc. (RKLB) has a higher volatility of 25.66% compared to Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) at 4.75%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than LVHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RKLB	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.66%	4.75%	+20.91%
Volatility (6M) Calculated over the trailing 6-month period	73.51%	8.37%	+65.14%
Volatility (1Y) Calculated over the trailing 1-year period	95.44%	10.54%	+84.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.12%	13.05%	+69.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.12%	15.57%	+66.55%

Dividends

RKLB vs. LVHD - Dividend Comparison

RKLB has not paid dividends to shareholders, while LVHD's dividend yield for the trailing twelve months is around 3.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.20%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%
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%

Frequently Asked Questions

Can I hold both RKLB and LVHD in my portfolio?

RKLB and LVHD have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RKLB or LVHD?

RKLB has higher volatility (25.66%) compared to LVHD (4.75%). In terms of maximum drawdown, RKLB dropped -82.96% vs LVHD's -37.32%.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.41 vs 0.44), 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.