RKLB vs. MU
RKLB (Rocket Lab USA, Inc.) and MU (Micron Technology, Inc.) are both stocks. RKLB operates in Aerospace & Defense (Industrials), while MU operates in Semiconductors (Technology). Over the past 3 years, RKLB returned 106.18%/yr vs 137.11%/yr for MU. At a 0.35 correlation, their price movements are largely independent.
Performance
RKLB vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, RKLB achieves a -5.76% return, which is significantly lower than MU's 203.41% return.
RKLB
- 1D
- -2.78%
- 1M
- -38.70%
- 6M
- -31.73%
- YTD
- -5.76%
- 1Y
- 27.92%
- 3Y*
- 106.18%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 43.21%
MU
- 1D
- 1.94%
- 1M
- -23.67%
- 6M
- 138.72%
- YTD
- 203.41%
- 1Y
- 657.80%
- 3Y*
- 137.11%
- 5Y*
- 62.98%
- 10Y*
- 52.40%
- ALL TIME*
- 17.23%
RKLB vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RKLB Rocket Lab USA, Inc. | -5.76% | 173.89% | 360.58% | 46.68% | -69.30% | 8.67% |
MU Micron Technology, Inc. | 203.41% | 240.24% | -0.96% | 71.93% | -45.93% | 30.16% |
Correlation
The correlation between RKLB and MU is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.35 |
Fundamentals
RKLB:
$38.05B
MU:
$977.44B
RKLB:
-$0.32
MU:
$44.42
RKLB:
55.03
MU:
10.89
RKLB:
17.58
MU:
9.81
RKLB:
$679.58M
MU:
$90.27B
RKLB:
$248.43M
MU:
$65.51B
RKLB:
-$177.36M
MU:
$44.96B
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Return for Risk
RKLB vs. MU — Risk / Return Rank
RKLB
MU
RKLB vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and Micron Technology, Inc. (MU). 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 | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.39 | ||
| Sortino ratioReturn per unit of downside risk | -4.09 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.66 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 21.93 | -21.43 |
| Martin ratioReturn relative to average drawdown | 1.24 | 74.09 | -72.85 |
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Drawdowns
RKLB vs. MU - Drawdown Comparison
The maximum RKLB drawdown since its inception was -82.96%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for RKLB and MU.
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Drawdown Indicators
| RKLB | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.96% | -98.25% | +15.29% |
Max Drawdown (1Y)Largest decline over 1 year | -56.24% | -30.28% | -25.96% |
Max Drawdown (3Y)Largest decline over 3 years | -56.24% | -57.63% | +1.39% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -56.24% | -28.67% | -27.57% |
Average DrawdownAverage peak-to-trough decline | -51.08% | -58.05% | +6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.76% | 8.95% | +13.81% |
Volatility
RKLB vs. MU - Volatility Comparison
The current volatility for Rocket Lab USA, Inc. (RKLB) is 28.11%, while Micron Technology, Inc. (MU) has a volatility of 30.97%. This indicates that RKLB experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RKLB | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.11% | 30.97% | -2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 73.14% | 63.14% | +10.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.84% | 76.55% | +18.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.02% | 55.01% | +27.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.02% | 50.78% | +31.24% |
Dividends
RKLB vs. MU - Dividend Comparison
RKLB has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
RKLB Rocket Lab USA, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RKLB vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Rocket Lab USA, Inc. and Micron Technology, 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. MU - Profitability Comparison
RKLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a gross profit of 35.06B and revenue of 41.46B. Therefore, the gross margin over that period was 84.6%.
RKLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported an operating income of 33.31B and revenue of 41.46B, resulting in an operating margin of 80.4%.
RKLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a net income of 28.24B and revenue of 41.46B, resulting in a net margin of 68.1%.
Frequently Asked Questions
RKLB and MU have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (30.97%) compared to RKLB (28.11%). In terms of maximum drawdown, RKLB dropped -82.96% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (8.69 vs 0.30), 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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