ROK vs. UFO
ROK (Rockwell Automation, Inc.) is a stock, while UFO (Procure Space ETF) is Global Equities fund tracking the S-Network Space Index. Over the past 5 years, ROK returned 11.88%/yr vs 9.53%/yr for UFO. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
ROK vs. UFO - Performance Comparison
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Returns By Period
In the year-to-date period, ROK achieves a 19.10% return, which is significantly lower than UFO's 20.26% return.
ROK
- 1D
- 0.88%
- 1M
- 1.79%
- YTD
- 19.10%
- 6M
- 16.37%
- 1Y
- 43.24%
- 3Y*
- 15.61%
- 5Y*
- 11.88%
- 10Y*
- 17.31%
UFO
- 1D
- -3.43%
- 1M
- -24.91%
- YTD
- 20.26%
- 6M
- 16.27%
- 1Y
- 68.45%
- 3Y*
- 37.43%
- 5Y*
- 9.53%
- 10Y*
- —
ROK vs. UFO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ROK Rockwell Automation, Inc. | 19.10% | 38.36% | -6.23% | 22.63% | -24.78% | 41.21% | 26.17% | 12.82% |
UFO Procure Space ETF | 20.26% | 67.36% | 27.22% | -2.34% | -25.85% | 7.17% | -2.15% | 5.66% |
Correlation
The correlation between ROK and UFO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2019 | 0.51 |
The correlation between ROK and UFO has been stable across timeframes, ranging from 0.42 to 0.51 - a consistent structural relationship.
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Return for Risk
ROK vs. UFO — Risk / Return Rank
ROK
UFO
ROK vs. UFO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rockwell Automation, Inc. (ROK) and Procure Space ETF (UFO). 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.
| ROK | UFO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 2.19 | +0.13 |
| Martin ratioReturn relative to average drawdown | 7.31 | 7.90 | -0.59 |
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Drawdowns
ROK vs. UFO - Drawdown Comparison
The maximum ROK drawdown since its inception was -75.83%, which is greater than UFO's maximum drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for ROK and UFO.
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Drawdown Indicators
| ROK | UFO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.83% | -50.33% | -25.50% |
Max Drawdown (1Y)Largest decline over 1 year | -18.73% | -31.45% | +12.72% |
Max Drawdown (3Y)Largest decline over 3 years | -34.84% | -31.45% | -3.39% |
Max Drawdown (5Y)Largest decline over 5 years | -45.09% | -50.33% | +5.24% |
Max Drawdown (10Y)Largest decline over 10 years | -45.09% | — | — |
Current DrawdownCurrent decline from peak | -3.70% | -31.45% | +27.75% |
Average DrawdownAverage peak-to-trough decline | -14.86% | -21.81% | +6.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 8.69% | -2.76% |
Volatility
ROK vs. UFO - Volatility Comparison
The current volatility for Rockwell Automation, Inc. (ROK) is 10.01%, while Procure Space ETF (UFO) has a volatility of 18.78%. This indicates that ROK experiences smaller price fluctuations and is considered to be less risky than UFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROK | UFO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.01% | 18.78% | -8.77% |
Volatility (6M)Calculated over the trailing 6-month period | 24.41% | 33.33% | -8.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.48% | 40.84% | -11.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.87% | 30.68% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.48% | 31.18% | +0.30% |
Dividends
ROK vs. UFO - Dividend Comparison
ROK's dividend yield for the trailing twelve months is around 1.18%, more than UFO's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROK Rockwell Automation, Inc. | 1.18% | 1.36% | 1.77% | 1.54% | 1.76% | 1.24% | 1.65% | 1.94% | 2.42% | 1.59% | 2.18% | 2.61% |
UFO Procure Space ETF | 0.36% | 0.46% | 1.98% | 1.90% | 3.19% | 1.00% | 1.07% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ROK and UFO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UFO has higher volatility (18.78%) compared to ROK (10.01%). In terms of maximum drawdown, ROK dropped -75.83% vs UFO's -50.33%.
UFO currently has the higher Sharpe Ratio (1.69 vs 1.47), 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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