LUNR vs RKLB: Correlation
How closely do Intuitive Machines, Inc. (LUNR) and Rocket Lab Corporation (RKLB) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LUNR and RKLB?
Across a 3-year window, the weekly returns of LUNR and RKLB correlate at 0.52, moderate. The link has tightened recently: the 1-year correlation (0.75) runs above the 3-year figure (0.52). Stretching to 5 years gives 0.23, with an annualized covariance of 4865.0 %².
RKLB is one of the assets that tracks LUNR most closely: it ranks #1 out of the 12 assets we track against LUNR. Correlation aside, the last 12 months split them widely, with LUNR ahead by 34.0 points (+80.0% versus +46.0%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
LUNR vs RKLB: side by side
| LUNR (Intuitive Machines, Inc.) | RKLB (Rocket Lab Corporation) | |
|---|---|---|
| 1-year return | +80.0% | +46.0% |
| 5-year return | +67.7% | +573.3% |
| Volatility (ann.) | 109.4% | 85.6% |
| Beta vs S&P 500 | 3.31 | 2.58 |
| Max drawdown (3Y) | -75.1% | -61.0% |
| Market cap | $2.6B | $43.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LUNR | RKLB |
|---|---|---|
| 2022 | +3.7% | -69.3% |
| 2023 | -74.4% | +46.7% |
| 2024 | +610.8% | +360.6% |
| 2025 | -10.6% | +173.9% |
| 2026 | -0.3% | -3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LUNR and RKLB good diversifiers for each other?
Only partially. A correlation of 0.52 means LUNR and RKLB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LUNR and RKLB?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.75 over the last year and 0.23 over 5 years.
Is RKLB a good diversifier for LUNR?
Only partially. A correlation of 0.52 means LUNR and RKLB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
A reading of 0.52 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lunr-vs-rklb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lunr-vs-rklb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LUNR correlations · RKLB correlations
