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UFO vs. RCKT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UFO and RCKT is 0.42, 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.


Performance

UFO vs. RCKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Procure Space ETF (UFO) and Rocket Pharmaceuticals, Inc. (RCKT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UFO:

1.54

RCKT:

-0.93

Sortino Ratio

UFO:

2.39

RCKT:

-1.83

Omega Ratio

UFO:

1.29

RCKT:

0.71

Calmar Ratio

UFO:

1.15

RCKT:

-0.91

Martin Ratio

UFO:

7.27

RCKT:

-1.77

Ulcer Index

UFO:

7.70%

RCKT:

49.76%

Daily Std Dev

UFO:

34.39%

RCKT:

94.65%

Max Drawdown

UFO:

-50.33%

RCKT:

-96.70%

Current Drawdown

UFO:

-17.68%

RCKT:

-96.44%

Returns By Period

In the year-to-date period, UFO achieves a 5.09% return, which is significantly higher than RCKT's -80.03% return.


UFO

YTD

5.09%

1M

7.30%

6M

1.97%

1Y

50.84%

3Y*

4.39%

5Y*

6.42%

10Y*

N/A

RCKT

YTD

-80.03%

1M

-68.66%

6M

-82.56%

1Y

-88.23%

3Y*

-40.39%

5Y*

-33.16%

10Y*

-19.86%

*Annualized

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Procure Space ETF

Rocket Pharmaceuticals, Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

UFO vs. RCKT — Risk-Adjusted Performance Rank

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

UFO
The Risk-Adjusted Performance Rank of UFO is 8888
Overall Rank
The Sharpe Ratio Rank of UFO is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of UFO is 9191
Sortino Ratio Rank
The Omega Ratio Rank of UFO is 8888
Omega Ratio Rank
The Calmar Ratio Rank of UFO is 8282
Calmar Ratio Rank
The Martin Ratio Rank of UFO is 8888
Martin Ratio Rank

RCKT
The Risk-Adjusted Performance Rank of RCKT is 33
Overall Rank
The Sharpe Ratio Rank of RCKT is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of RCKT is 33
Sortino Ratio Rank
The Omega Ratio Rank of RCKT is 22
Omega Ratio Rank
The Calmar Ratio Rank of RCKT is 22
Calmar Ratio Rank
The Martin Ratio Rank of RCKT is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UFO vs. RCKT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Space ETF (UFO) and Rocket Pharmaceuticals, Inc. (RCKT). 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.


The current UFO Sharpe Ratio is 1.54, which is higher than the RCKT Sharpe Ratio of -0.93. The chart below compares the historical Sharpe Ratios of UFO and RCKT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

UFO vs. RCKT - Dividend Comparison

UFO's dividend yield for the trailing twelve months is around 1.94%, while RCKT has not paid dividends to shareholders.


TTM202420232022202120202019
UFO
Procure Space ETF
1.94%1.98%1.90%3.19%1.00%1.07%0.44%
RCKT
Rocket Pharmaceuticals, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

UFO vs. RCKT - Drawdown Comparison

The maximum UFO drawdown since its inception was -50.33%, smaller than the maximum RCKT drawdown of -96.70%. Use the drawdown chart below to compare losses from any high point for UFO and RCKT.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

UFO vs. RCKT - Volatility Comparison

The current volatility for Procure Space ETF (UFO) is 6.16%, while Rocket Pharmaceuticals, Inc. (RCKT) has a volatility of 103.27%. This indicates that UFO experiences smaller price fluctuations and is considered to be less risky than RCKT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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