RKLB vs. NGD

Last updated Jun 13, 2026

RKLB (Rocket Lab USA, Inc.) and NGD (New Gold Inc.) are both stocks. RKLB operates in Aerospace & Defense (Industrials), while NGD operates in Gold (Basic Materials). At a 0.17 correlation, their price movements are largely independent.

Performance

RKLB vs. NGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rocket Lab USA, Inc. (RKLB) and New Gold Inc. (NGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RKLB

• 1D: -10.79%
• 1M: -22.75%
• YTD: 46.77%
• 6M: 66.51%
• 1Y: 302.95%
• 3Y*: 158.32%
• 5Y*: —
• 10Y*: —

NGD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RKLB vs. NGD - 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%
NGD New Gold Inc.	4.25%	251.21%	69.86%	48.98%	-34.67%	26.05%

Correlation

The correlation between RKLB and NGD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021	0.17

Fundamentals

EPS RKLB : -$0.33 NGD : $1.61
PS Ratio RKLB : 83.69 NGD : 3.30
Total Revenue (TTM) RKLB : $679.58M NGD : $1.46B
Gross Profit (TTM) RKLB : $248.43M NGD : $758.26M
EBITDA (TTM) RKLB : -$177.36M NGD : $1.19B

Return for Risk

RKLB vs. NGD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RKLB

RKLB Risk / Return Rank: 93
RKLB Sharpe Ratio Rank: 96
RKLB Sortino Ratio Rank: 91
RKLB Omega Ratio Rank: 88
RKLB Calmar Ratio Rank: 95
RKLB Martin Ratio Rank: 94

NGD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RKLB vs. NGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and New Gold Inc. (NGD). 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	NGD	Difference
Sharpe ratio: Return per unit of total volatility	3.12	—	—
Sortino ratio: Return per unit of downside risk	3.13	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	6.74	—	—
Martin ratio: Return relative to average drawdown	15.44	—	—

Drawdowns

Drawdown Indicators

	RKLB	NGD	Difference
Max Drawdown Largest peak-to-trough decline	-82.96%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-43.01%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-55.49%	—	—
Current Drawdown Current decline from peak	-31.84%	—	—
Average Drawdown Average peak-to-trough decline	-51.29%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	18.75%	—	—

Volatility

Volatility by Period

	RKLB	NGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	73.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	93.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.62%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.62%	—	—

Dividends

RKLB vs. NGD - Dividend Comparison

Neither RKLB nor NGD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both RKLB and NGD in my portfolio?

RKLB and NGD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.