Rocket Lab Corporation Common Stock (RKLB) — Stock Correlations & Overview
Over the past year, RKLB has moved most closely with RKLX, UFO, ARKX. Explore the stocks most correlated and inversely correlated with RKLB below, along with its price, financials, and company profile.
Stocks correlated with RKLB
Correlation of daily returns. Higher positive values move with RKLB; negative values move opposite it. Informational only, not investment advice.
Most correlated with RKLB
| Symbol | Company | Correlation |
|---|---|---|
| RKLX | Defiance Daily Target 2X Long RKLB ETF | 1.00 |
| UFO | Procure Space ETF | 0.85 |
| ARKX | ARK Space & Defense Innovation ETF | 0.81 |
| ROKT | State Street SPDR S&P Kensho Final Frontiers ETF | 0.81 |
| LUNR | Intuitive Machines, Inc. Class A Common StockSEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS | 0.76 |
Most inversely correlated with RKLB
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.57 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | -0.54 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.53 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.53 |
| TWM | ProShares UltraShort Russell2000 | -0.52 |
Frequently asked questions about RKLB correlations
- Which stocks are most correlated with RKLB?
- Based on one year of daily returns, the stocks most correlated with Rocket Lab Corporation Common Stock (RKLB) are RKLX (1.00), UFO (0.85) and ARKX (0.81). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with RKLB?
- Over the past year, the stocks most inversely correlated with Rocket Lab Corporation Common Stock (RKLB) are SARK (-0.57), IONZ (-0.54) and TZA (-0.53). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these RKLB correlations calculated?
- We compute the correlation of daily returns between RKLB and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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