Is the recovery compass craftable?
A recovery compass isn't easy to craft. You'll need to use a crafting grid to surround a regular compass with echo shards. Those echo shards are only available in ancient city chests, so be prepared to get friendly with the wardens before you venture forth.
Can you lose the recovery compass?
Like other items, the recovery compass itself will still drop when a player dies and the keepInventory game rule is not enabled.
How to craft a compass?
Is there a trick to finding ancient cities?
How can I find where I died in Minecraft?
Why can't I find an ancient city in Minecraft?