FROG vs. RNG
FROG (JFrog Ltd.) and RNG (RingCentral, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, FROG returned 11.28%/yr vs -34.83%/yr for RNG. At a 0.48 correlation, their price movements are largely independent.
Performance
FROG vs. RNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FROG achieves a 27.91% return, which is significantly higher than RNG's 21.04% return.
FROG
- 1D
- -3.42%
- 1M
- 7.97%
- YTD
- 27.91%
- 6M
- 17.30%
- 1Y
- 96.39%
- 3Y*
- 44.39%
- 5Y*
- 11.28%
- 10Y*
- —
RNG
- 1D
- -0.51%
- 1M
- -19.86%
- YTD
- 21.04%
- 6M
- 17.85%
- 1Y
- 30.87%
- 3Y*
- 2.91%
- 5Y*
- -34.83%
- 10Y*
- 5.73%
FROG vs. RNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FROG JFrog Ltd. | 27.91% | 112.38% | -15.02% | 62.26% | -28.18% | -52.73% | -11.84% |
RNG RingCentral, Inc. | 21.04% | -17.51% | 3.12% | -4.10% | -81.10% | -50.56% | 48.95% |
Correlation
The correlation between FROG and RNG is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2020 | 0.48 |
The correlation between FROG and RNG has been stable across timeframes, ranging from 0.41 to 0.50 - a consistent structural relationship.
Fundamentals
FROG:
$9.60B
RNG:
$3.03B
FROG:
-$0.52
RNG:
$0.94
FROG:
16.71
RNG:
1.23
FROG:
$563.41M
RNG:
$2.55B
FROG:
$436.09M
RNG:
$1.82B
FROG:
-$58.97M
RNG:
$364.66M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FROG vs. RNG — Risk / Return Rank
FROG
RNG
FROG vs. RNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JFrog Ltd. (FROG) and RingCentral, Inc. (RNG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FROG | RNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.16 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 1.07 | +0.88 |
| Martin ratioReturn relative to average drawdown | 5.16 | 2.64 | +2.52 |
Loading charts...
Drawdowns
FROG vs. RNG - Drawdown Comparison
The maximum FROG drawdown since its inception was -80.38%, smaller than the maximum RNG drawdown of -95.15%. Use the drawdown chart below to compare losses from any high point for FROG and RNG.
Loading charts...
Drawdown Indicators
| FROG | RNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.38% | -95.15% | +14.77% |
Max Drawdown (1Y)Largest decline over 1 year | -49.62% | -28.93% | -20.69% |
Max Drawdown (3Y)Largest decline over 3 years | -49.62% | -49.86% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -65.94% | -92.99% | +27.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -95.15% | — |
Current DrawdownCurrent decline from peak | -9.53% | -92.11% | +82.58% |
Average DrawdownAverage peak-to-trough decline | -56.41% | -42.45% | -13.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.75% | 11.72% | +7.03% |
Volatility
FROG vs. RNG - Volatility Comparison
JFrog Ltd. (FROG) and RingCentral, Inc. (RNG) have volatilities of 18.83% and 19.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FROG | RNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.83% | 19.04% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 56.89% | 53.10% | +3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.32% | 68.89% | +0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.70% | 63.09% | -6.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.59% | 55.67% | +1.92% |
Dividends
FROG vs. RNG - Dividend Comparison
FROG has not paid dividends to shareholders, while RNG's dividend yield for the trailing twelve months is around 0.43%.
| Position | TTM |
|---|---|
FROG JFrog Ltd. | 0.00% |
RNG RingCentral, Inc. | 0.43% |
Financials
FROG vs. RNG - Financials Comparison
This section allows you to compare key financial metrics between JFrog Ltd. and RingCentral, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FROG vs. RNG - Profitability Comparison
FROG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported a gross profit of 120.38M and revenue of 153.98M. Therefore, the gross margin over that period was 78.2%.
RNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RingCentral, Inc. reported a gross profit of 464.77M and revenue of 644.20M. Therefore, the gross margin over that period was 72.2%.
FROG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported an operating income of -12.93M and revenue of 153.98M, resulting in an operating margin of -8.4%.
RNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RingCentral, Inc. reported an operating income of 50.03M and revenue of 644.20M, resulting in an operating margin of 7.8%.
FROG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported a net income of -8.27M and revenue of 153.98M, resulting in a net margin of -5.4%.
RNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RingCentral, Inc. reported a net income of 30.62M and revenue of 644.20M, resulting in a net margin of 4.8%.
Frequently Asked Questions
FROG and RNG have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNG has higher volatility (19.04%) compared to FROG (18.83%). In terms of maximum drawdown, FROG dropped -80.38% vs RNG's -95.15%.
FROG currently has the higher Sharpe Ratio (1.40 vs 0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FROG and RNG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer