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 -13.72%/yr vs -68.08%/yr for UVXY. At a correlation of -0.06, 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 -6.48% return, which is significantly higher than UVXY's -35.49% return.
INDO
- 1D
- -0.72%
- 1M
- 1.11%
- 6M
- -18.93%
- YTD
- -6.48%
- 1Y
- -8.36%
- 3Y*
- -14.08%
- 5Y*
- -13.72%
- 10Y*
- —
UVXY
- 1D
- -3.58%
- 1M
- -19.32%
- 6M
- -32.32%
- YTD
- -35.49%
- 1Y
- -72.78%
- 3Y*
- -63.56%
- 5Y*
- -68.08%
- 10Y*
- -72.31%
INDO vs. UVXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
INDO Indonesia Energy Corporation Limited | -6.48% | 5.40% | 2.58% | -41.85% | 66.43% | -62.67% | 2.60% | -32.36% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | -35.49% | -65.32% | -50.90% | -87.70% | -44.81% | -88.33% | -17.38% | 2.46% |
Correlation
The correlation between INDO and UVXY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2019 | -0.06 |
The correlation between INDO and UVXY shifts across timeframes, from -0.06 (all time) to 0.24 (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.
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.
| INDO | UVXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.82 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | -0.99 | +0.85 |
| Martin ratioReturn relative to average drawdown | -0.28 | -1.49 | +1.21 |
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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 | -63.06% | -73.42% | +10.36% |
Max Drawdown (3Y)Largest decline over 3 years | -65.13% | -95.32% | +30.19% |
Max Drawdown (5Y)Largest decline over 5 years | -96.57% | -99.74% | +3.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -100.00% | — |
Current DrawdownCurrent decline from peak | -95.54% | -100.00% | +4.46% |
Average DrawdownAverage peak-to-trough decline | -78.67% | -98.75% | +20.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.56% | 48.70% | -17.14% |
Volatility
INDO vs. UVXY - Volatility Comparison
The current volatility for Indonesia Energy Corporation Limited (INDO) is 15.25%, while ProShares Ultra VIX Short-Term Futures ETF (UVXY) has a volatility of 22.69%. This indicates that INDO experiences smaller price fluctuations and is considered to be less risky 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 | 15.25% | 22.69% | -7.44% |
Volatility (6M)Calculated over the trailing 6-month period | 78.47% | 66.50% | +11.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.67% | 85.17% | -0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.37% | 103.78% | +41.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 145.28% | 111.99% | +33.29% |
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 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UVXY has higher volatility (22.69%) compared to INDO (15.25%). In terms of maximum drawdown, INDO dropped -96.57% vs UVXY's -100.00%.
INDO currently has the higher Sharpe Ratio (-0.10 vs -0.85), 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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