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RKLB vs SURG: Correlation

Measured on weekly returns over the past three years, Rocket Lab Corporation (RKLB) and SurgePays, Inc. (SURG) carry a correlation of 0.32, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.32
moderate
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
0.18
long-run
Ann. covariance
2563.2
%² · weekly, annualized

How correlated are RKLB and SURG?

Across a 3-year window, the weekly returns of RKLB and SURG correlate at 0.32, moderate. The past 12 months show a tighter link (0.50) than the 3-year average (0.32). Stretching to 5 years gives 0.18, with an annualized covariance of 2563.2 %².

SURG is close to the least connected end of RKLB's tracked universe, ranking #19 of 22. Correlation aside, the last 12 months split them widely, with RKLB ahead by 139.1 points (+46.0% versus -93.1%).

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.

RKLB vs SURG: side by side

RKLB (Rocket Lab Corporation)SURG (SurgePays, Inc.)
1-year return+46.0%-93.1%
5-year return+573.3%-96.6%
Volatility (ann.)85.6%93.9%
Beta vs S&P 5002.581.13
Max drawdown (3Y)-61.0%-98.1%
Market cap$43.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RKLB -61.0% vs -98.1%Higher 5y return: RKLB +573.3% vs -96.6%
-94%0%+213%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). RKLB · SURG

Year-by-year returns

YearRKLBSURG
2022-69.3%+224.8%
2023+46.7%-1.7%
2024+360.6%-72.4%
2025+173.9%-6.2%
2026-3.2%-89.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RKLB and SURG good diversifiers for each other?

A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between RKLB and SURG?

As of 2026-08-27, the correlation of weekly returns between RKLB and SURG is 0.32 over 3 years, 0.50 over 1 year and 0.18 over 5 years.

Is SURG a good diversifier for RKLB?

A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.32 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/rklb-vs-surg.json

RKLB vs SURG: 3-year weekly correlation 0.32RKLB vs SURG0.32

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Related comparisons

Hubs: RKLB correlations · SURG correlations