RKLB vs. SPIR

Last updated Apr 1, 2026

Compare and contrast key facts about Rocket Lab USA, Inc. (RKLB) and Spire Global, Inc. (SPIR).

Performance

RKLB vs. SPIR - Performance Comparison

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

RKLB vs. SPIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RKLB Rocket Lab USA, Inc.	-7.94%	173.89%	360.58%	46.68%	-69.30%	6.14%
SPIR Spire Global, Inc.	67.73%	-46.70%	79.92%	1.82%	-71.60%	-61.46%

Fundamentals

Market Cap RKLB : $36.77B SPIR : $413.50B
EPS RKLB : -$0.37 SPIR : -$2.28
PS Ratio RKLB : 57.49 SPIR : 8.70
PB Ratio RKLB : 21.35 SPIR : 3.66
Total Revenue (TTM) RKLB : $601.80M SPIR : $15.88B
Gross Profit (TTM) RKLB : $207.18M SPIR : $6.45B
EBITDA (TTM) RKLB : -$200.68M SPIR : -$23.01B

Returns By Period

In the year-to-date period, RKLB achieves a -7.94% return, which is significantly lower than SPIR's 67.73% return.

RKLB

• 1D: 11.92%
• 1M: -7.06%
• YTD: -7.94%
• 6M: 34.04%
• 1Y: 259.17%
• 3Y*: 151.44%
• 5Y*: —
• 10Y*: —

SPIR

• 1D: 6.97%
• 1M: 42.15%
• YTD: 67.73%
• 6M: 14.47%
• 1Y: 55.50%
• 3Y*: 33.03%
• 5Y*: -30.94%
• 10Y*: —

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

Return for Risk

RKLB vs. SPIR — Risk / Return Rank

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

RKLB

RKLB Risk / Return Rank: 94
RKLB Sharpe Ratio Rank: 97
RKLB Sortino Ratio Rank: 92
RKLB Omega Ratio Rank: 89
RKLB Calmar Ratio Rank: 95
RKLB Martin Ratio Rank: 94

SPIR

SPIR Risk / Return Rank: 65
SPIR Sharpe Ratio Rank: 65
SPIR Sortino Ratio Rank: 67
SPIR Omega Ratio Rank: 65
SPIR Calmar Ratio Rank: 65
SPIR Martin Ratio Rank: 63

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. SPIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rocket Lab USA, Inc. (RKLB) and Spire Global, Inc. (SPIR). 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.

	RKLB	SPIR	Difference
Sharpe ratio Return per unit of total volatility	3.02	0.64	+2.37
Sortino ratio Return per unit of downside risk	3.04	1.42	+1.62
Omega ratio Gain probability vs. loss probability	1.37	1.18	+0.20
Calmar ratio Return relative to maximum drawdown	5.69	1.07	+4.62
Martin ratio Return relative to average drawdown	14.42	2.24	+12.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RKLB vs. SPIR - Sharpe Ratio Comparison

The current RKLB Sharpe Ratio is 3.02, which is higher than the SPIR Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of RKLB and SPIR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RKLB	SPIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	0.64	+2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	-0.32	+0.89

Correlation

The correlation between RKLB and SPIR is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RKLB vs. SPIR - Dividend Comparison

Neither RKLB nor SPIR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

RKLB vs. SPIR - Drawdown Comparison

The maximum RKLB drawdown since its inception was -82.96%, smaller than the maximum SPIR drawdown of -97.74%. Use the drawdown chart below to compare losses from any high point for RKLB and SPIR.

Drawdown Indicators

	RKLB	SPIR	Difference
Max Drawdown Largest peak-to-trough decline	-82.96%	-97.74%	+14.78%
Max Drawdown (1Y) Largest decline over 1 year	-43.01%	-50.04%	+7.03%
Max Drawdown (5Y) Largest decline over 5 years	—	-97.74%	—
Current Drawdown Current decline from peak	-33.31%	-91.48%	+58.17%
Average Drawdown Average peak-to-trough decline	-52.92%	-77.64%	+24.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.98%	23.93%	-6.95%

Volatility

RKLB vs. SPIR - Volatility Comparison

Rocket Lab USA, Inc. (RKLB) has a higher volatility of 29.42% compared to Spire Global, Inc. (SPIR) at 22.96%. This indicates that RKLB's price experiences larger fluctuations and is considered to be riskier than SPIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RKLB	SPIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.42%	22.96%	+6.46%
Volatility (6M) Calculated over the trailing 6-month period	64.09%	69.32%	-5.23%
Volatility (1Y) Calculated over the trailing 1-year period	86.56%	86.49%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.67%	93.47%	-13.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.67%	90.09%	-10.42%

Financials