INDO vs. UVXY
INDO (Indonesia Energy Corporation Limited) is a stock, while UVXY (ProShares Ultra VIX Short-Term Futures ETF) is Volatility fund tracking the S&P 500 VIX SHORT-TERM FUTURES TR (150%). Over the past 5 years, INDO returned -12.65%/yr vs -68.23%/yr for UVXY. At a correlation of -0.07, they often move in opposite directions.
Performance
INDO vs. UVXY - Performance Comparison
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Returns By Period
In the year-to-date period, INDO achieves a 0.34% return, which is significantly higher than UVXY's -23.07% return.
INDO
- 1D
- 0.00%
- 1M
- -8.13%
- YTD
- 0.34%
- 6M
- 2.80%
- 1Y
- 17.13%
- 3Y*
- -15.13%
- 5Y*
- -12.65%
- 10Y*
- —
UVXY
- 1D
- -4.95%
- 1M
- -26.21%
- YTD
- -23.07%
- 6M
- -39.47%
- 1Y
- -74.10%
- 3Y*
- -64.78%
- 5Y*
- -68.23%
- 10Y*
- -72.73%
INDO vs. UVXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
INDO Indonesia Energy Corporation Limited | 0.34% | 5.40% | 2.58% | -41.85% | 66.43% | -62.67% | 2.60% | -24.25% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | -23.07% | -65.32% | -50.90% | -87.70% | -44.81% | -88.33% | -17.38% | 0.70% |
Correlation
The correlation between INDO and UVXY is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2019 | -0.07 |
The correlation between INDO and UVXY shifts across timeframes, from -0.07 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
INDO vs. UVXY — Risk / Return Rank
INDO
UVXY
INDO vs. UVXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Indonesia Energy Corporation Limited (INDO) and ProShares Ultra VIX Short-Term Futures ETF (UVXY). 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.
| INDO | UVXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.81 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | -0.97 | +1.27 |
| Martin ratioReturn relative to average drawdown | 0.41 | -1.33 | +1.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| INDO | UVXY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | -0.88 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | -0.66 | +0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | -0.68 | +0.56 |
Drawdowns
INDO vs. UVXY - Drawdown Comparison
The maximum INDO drawdown since its inception was -96.57%, roughly equal to the maximum UVXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for INDO and UVXY.
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Drawdown Indicators
| INDO | UVXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.57% | -100.00% | +3.43% |
Max Drawdown (1Y)Largest decline over 1 year | -58.01% | -76.19% | +18.18% |
Max Drawdown (3Y)Largest decline over 3 years | -65.13% | -95.25% | +30.12% |
Max Drawdown (5Y)Largest decline over 5 years | -96.57% | -99.69% | +3.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -100.00% | — |
Current DrawdownCurrent decline from peak | -95.22% | -100.00% | +4.78% |
Average DrawdownAverage peak-to-trough decline | -76.56% | -98.55% | +21.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.02% | 55.83% | -13.81% |
Volatility
INDO vs. UVXY - Volatility Comparison
Indonesia Energy Corporation Limited (INDO) has a higher volatility of 16.21% compared to ProShares Ultra VIX Short-Term Futures ETF (UVXY) at 12.26%. This indicates that INDO's price experiences larger fluctuations and is considered to be riskier than UVXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INDO | UVXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.21% | 12.26% | +3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 79.44% | 62.79% | +16.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 110.21% | 84.51% | +25.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.40% | 103.82% | +41.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 146.17% | 113.81% | +32.36% |
Dividends
INDO vs. UVXY - Dividend Comparison
Neither INDO nor UVXY has paid dividends to shareholders.
Frequently Asked Questions
INDO and UVXY have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INDO has higher volatility (16.21%) compared to UVXY (12.26%). In terms of maximum drawdown, INDO dropped -96.57% vs UVXY's -100.00%.
INDO currently has the higher Sharpe Ratio (0.16 vs -0.88), 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.
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