RKLB vs. NERD
RKLB (Rocket Lab USA, Inc.) is a stock, while NERD (Roundhill Video Games ETF) is Gaming fund actively managed by Roundhill Investments. Over the past 3 years, RKLB returned 158.32%/yr vs 9.13%/yr for NERD. At a 0.46 correlation, their price movements are largely independent.
Performance
RKLB vs. NERD - 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 NERD's -18.01% return.
RKLB
- 1D
- -10.79%
- 1M
- -22.75%
- YTD
- 46.77%
- 6M
- 66.51%
- 1Y
- 302.95%
- 3Y*
- 158.32%
- 5Y*
- —
- 10Y*
- —
NERD
- 1D
- -0.41%
- 1M
- -3.77%
- YTD
- -18.01%
- 6M
- -19.37%
- 1Y
- -21.07%
- 3Y*
- 9.13%
- 5Y*
- -8.51%
- 10Y*
- —
RKLB vs. NERD - 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% |
NERD Roundhill Video Games ETF | -18.01% | 23.14% | 28.52% | 12.94% | -43.30% | -8.69% |
Correlation
The correlation between RKLB and NERD is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.46 |
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Return for Risk
RKLB vs. NERD — Risk / Return Rank
RKLB
NERD
RKLB vs. NERD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and Roundhill Video Games ETF (NERD). 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 | NERD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.21 | ||
| Sortino ratioReturn per unit of downside risk | +4.63 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.83 | +0.55 |
| Calmar ratioReturn relative to maximum drawdown | 6.74 | -0.69 | +7.43 |
| Martin ratioReturn relative to average drawdown | 15.44 | -1.23 | +16.67 |
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Drawdowns
RKLB vs. NERD - Drawdown Comparison
The maximum RKLB drawdown since its inception was -82.96%, which is greater than NERD's maximum drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for RKLB and NERD.
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Drawdown Indicators
| RKLB | NERD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.96% | -65.58% | -17.38% |
Max Drawdown (1Y)Largest decline over 1 year | -43.01% | -31.19% | -11.82% |
Max Drawdown (3Y)Largest decline over 3 years | -55.49% | -31.19% | -24.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -58.08% | — |
Current DrawdownCurrent decline from peak | -31.84% | -46.82% | +14.98% |
Average DrawdownAverage peak-to-trough decline | -51.29% | -35.92% | -15.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.75% | 17.50% | +1.25% |
Volatility
RKLB vs. NERD - Volatility Comparison
Rocket Lab USA, Inc. (RKLB) has a higher volatility of 31.54% compared to Roundhill Video Games ETF (NERD) at 4.21%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than NERD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RKLB | NERD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.54% | 4.21% | +27.33% |
Volatility (6M)Calculated over the trailing 6-month period | 73.47% | 15.00% | +58.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.03% | 19.77% | +73.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.62% | 24.51% | +57.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.62% | 25.49% | +56.13% |
Dividends
RKLB vs. NERD - Dividend Comparison
RKLB has not paid dividends to shareholders, while NERD's dividend yield for the trailing twelve months is around 0.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
NERD Roundhill Video Games ETF | 0.77% | 0.63% | 1.74% | 1.07% | 0.69% | 0.02% | 1.05% | 0.31% |
RKLB Rocket Lab USA, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RKLB and NERD have a correlation of 0.38, 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 NERD (4.21%). In terms of maximum drawdown, RKLB dropped -82.96% vs NERD's -65.58%.
RKLB currently has the higher Sharpe Ratio (3.12 vs -1.09), 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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