SMCI vs. RKLB
SMCI (Super Micro Computer, Inc.) and RKLB (Rocket Lab USA, Inc.) are both stocks. SMCI operates in Computer Hardware (Technology), while RKLB operates in Aerospace & Defense (Industrials). Over the past 3 years, SMCI returned 18.91%/yr vs 179.23%/yr for RKLB. At a 0.37 correlation, their price movements are largely independent.
Performance
SMCI vs. RKLB - Performance Comparison
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Returns By Period
In the year-to-date period, SMCI achieves a 50.29% return, which is significantly lower than RKLB's 62.92% return.
SMCI
- 1D
- 5.64%
- 1M
- 24.37%
- YTD
- 50.29%
- 6M
- 24.37%
- 1Y
- 5.87%
- 3Y*
- 18.91%
- 5Y*
- 64.69%
- 10Y*
- 32.81%
RKLB
- 1D
- 3.24%
- 1M
- 7.76%
- YTD
- 62.92%
- 6M
- 120.42%
- 1Y
- 292.98%
- 3Y*
- 179.23%
- 5Y*
- —
- 10Y*
- —
SMCI vs. RKLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SMCI Super Micro Computer, Inc. | 50.29% | -3.97% | 7.23% | 246.24% | 86.80% | 22.32% |
RKLB Rocket Lab USA, Inc. | 62.92% | 173.89% | 360.58% | 46.68% | -69.30% | 8.67% |
Correlation
The correlation between SMCI and RKLB is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.37 |
Fundamentals
SMCI:
$29.63B
RKLB:
$68.81B
SMCI:
$2.70
RKLB:
-$0.33
SMCI:
0.86
RKLB:
92.89
SMCI:
3.91
RKLB:
30.39
SMCI:
$33.70B
RKLB:
$679.58M
SMCI:
$2.83B
RKLB:
$248.43M
SMCI:
$1.47B
RKLB:
-$177.36M
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Return for Risk
SMCI vs. RKLB — Risk / Return Rank
SMCI
RKLB
SMCI vs. RKLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and Rocket Lab USA, Inc. (RKLB). 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.
| SMCI | RKLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.13 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.39 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.09 | 6.86 | -6.77 |
| Martin ratioReturn relative to average drawdown | 0.15 | 15.94 | -15.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SMCI | RKLB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 3.20 | -3.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.76 | -0.39 |
Drawdowns
SMCI vs. RKLB - Drawdown Comparison
The maximum SMCI drawdown since its inception was -84.84%, roughly equal to the maximum RKLB drawdown of -82.96%. Use the drawdown chart below to compare losses from any high point for SMCI and RKLB.
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Drawdown Indicators
| SMCI | RKLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -82.96% | -1.88% |
Max Drawdown (1Y)Largest decline over 1 year | -66.18% | -43.01% | -23.17% |
Max Drawdown (3Y)Largest decline over 3 years | -84.84% | -55.49% | -29.35% |
Max Drawdown (5Y)Largest decline over 5 years | -84.84% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | — | — |
Current DrawdownCurrent decline from peak | -62.97% | -24.35% | -38.62% |
Average DrawdownAverage peak-to-trough decline | -31.96% | -51.40% | +19.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.91% | 18.48% | +20.43% |
Volatility
SMCI vs. RKLB - Volatility Comparison
The current volatility for Super Micro Computer, Inc. (SMCI) is 26.36%, while Rocket Lab USA, Inc. (RKLB) has a volatility of 41.86%. This indicates that SMCI experiences smaller price fluctuations and is considered to be less risky than RKLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMCI | RKLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.36% | 41.86% | -15.50% |
Volatility (6M)Calculated over the trailing 6-month period | 67.65% | 72.23% | -4.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.63% | 92.32% | -12.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.44% | 81.48% | +3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.55% | 81.48% | -10.93% |
Dividends
SMCI vs. RKLB - Dividend Comparison
Neither SMCI nor RKLB has paid dividends to shareholders.
Financials
SMCI vs. RKLB - Financials Comparison
This section allows you to compare key financial metrics between Super Micro Computer, Inc. and Rocket Lab USA, 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
SMCI vs. RKLB - Profitability Comparison
SMCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a gross profit of 1.02B and revenue of 10.24B. Therefore, the gross margin over that period was 10.0%.
RKLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
SMCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported an operating income of 625.87M and revenue of 10.24B, resulting in an operating margin of 6.1%.
RKLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
SMCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a net income of 1.02B and revenue of 10.24B, resulting in a net margin of 9.9%.
RKLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
Frequently Asked Questions
SMCI and RKLB have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RKLB has higher volatility (41.86%) compared to SMCI (26.36%). In terms of maximum drawdown, SMCI dropped -84.84% vs RKLB's -82.96%.
RKLB currently has the higher Sharpe Ratio (3.20 vs 0.07), 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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