MLCO vs. RRC
MLCO (Melco Resorts & Entertainment Limited) and RRC (Range Resources Corporation) are both stocks. MLCO operates in Resorts & Casinos (Consumer Cyclical), while RRC operates in Oil & Gas E&P (Energy). Over the past 10 years, MLCO returned -6.75%/yr vs 0.97%/yr for RRC. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
MLCO vs. RRC - Performance Comparison
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Returns By Period
In the year-to-date period, MLCO achieves a -24.31% return, which is significantly lower than RRC's 14.41% return. Over the past 10 years, MLCO has underperformed RRC with an annualized return of -6.75%, while RRC has yielded a comparatively higher 0.97% annualized return.
MLCO
- 1D
- -0.52%
- 1M
- 6.31%
- 6M
- -5.45%
- YTD
- -24.31%
- 1Y
- -34.96%
- 3Y*
- -24.23%
- 5Y*
- -16.27%
- 10Y*
- -6.75%
- ALL TIME*
- -5.55%
RRC
- 1D
- 1.49%
- 1M
- 6.16%
- 6M
- 6.58%
- YTD
- 14.41%
- 1Y
- 13.86%
- 3Y*
- 9.51%
- 5Y*
- 22.39%
- 10Y*
- 0.97%
- ALL TIME*
- 8.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.89M | $15.88M | $14.21M | |
| $149.54M | $122.75M | $117.93M |
MLCO vs. RRC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLCO Melco Resorts & Entertainment Limited | -24.31% | 30.74% | -34.72% | -22.87% | 12.97% | -45.12% | -22.55% | 41.19% | -37.90% | 100.80% |
RRC Range Resources Corporation | 14.41% | -1.05% | 19.35% | 23.05% | 41.10% | 166.12% | 38.14% | -48.60% | -43.60% | -50.15% |
Correlation
The correlation between MLCO and RRC is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.13 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2006 | 0.21 |
The correlation between MLCO and RRC shifts across timeframes, from 0.04 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MLCO:
$2.22B
RRC:
$9.38B
MLCO:
$0.58
RRC:
$3.62
MLCO:
9.84
RRC:
11.10
MLCO:
0.14
RRC:
0.18
MLCO:
0.43
RRC:
2.88
MLCO:
$5.30B
RRC:
$3.31B
MLCO:
$1.81B
RRC:
$1.10B
MLCO:
$1.19B
RRC:
$1.44B
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Return for Risk
MLCO vs. RRC — Risk / Return Rank
MLCO
RRC
MLCO vs. RRC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Melco Resorts & Entertainment Limited (MLCO) and Range Resources Corporation (RRC). 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.
| MLCO | RRC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.08 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 0.41 | -1.10 |
| Martin ratioReturn relative to average drawdown | -0.99 | 0.92 | -1.91 |
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Drawdowns
MLCO vs. RRC - Drawdown Comparison
The maximum MLCO drawdown since its inception was -89.50%, smaller than the maximum RRC drawdown of -97.86%. Use the drawdown chart below to compare losses from any high point for MLCO and RRC.
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Drawdown Indicators
| MLCO | RRC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.50% | -97.86% | +8.36% |
Max Drawdown (1Y)Largest decline over 1 year | -48.96% | -25.32% | -23.64% |
Max Drawdown (3Y)Largest decline over 3 years | -64.67% | -28.03% | -36.64% |
Max Drawdown (5Y)Largest decline over 5 years | -69.23% | -37.66% | -31.57% |
Max Drawdown (10Y)Largest decline over 10 years | -85.55% | -95.38% | +9.83% |
Current DrawdownCurrent decline from peak | -84.11% | -53.93% | -30.18% |
Average DrawdownAverage peak-to-trough decline | -55.28% | -46.64% | -8.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.11% | 11.52% | +22.59% |
Volatility
MLCO vs. RRC - Volatility Comparison
Melco Resorts & Entertainment Limited (MLCO) has a higher volatility of 9.73% compared to Range Resources Corporation (RRC) at 8.93%. This indicates that MLCO's price experiences larger fluctuations and is considered to be riskier than RRC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLCO | RRC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.73% | 8.93% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 28.95% | 22.54% | +6.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.14% | 31.75% | +7.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.45% | 44.55% | +13.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.89% | 56.38% | -4.49% |
Dividends
MLCO vs. RRC - Dividend Comparison
MLCO has not paid dividends to shareholders, while RRC's dividend yield for the trailing twelve months is around 0.95%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLCO Melco Resorts & Entertainment Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.88% | 2.62% | 3.14% | 5.76% | 4.52% | 0.68% |
RRC Range Resources Corporation | 0.95% | 1.02% | 0.89% | 1.05% | 0.64% | 0.00% | 0.00% | 1.65% | 0.84% | 0.47% | 0.23% | 0.65% |
Financials
MLCO vs. RRC - Financials Comparison
This section allows you to compare key financial metrics between Melco Resorts & Entertainment Limited and Range Resources Corporation. 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
MLCO vs. RRC - Profitability Comparison
MLCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Melco Resorts & Entertainment Limited reported a gross profit of 373.22M and revenue of 1.37B. Therefore, the gross margin over that period was 27.2%.
RRC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Range Resources Corporation reported a gross profit of 0.00 and revenue of 833.57M. Therefore, the gross margin over that period was 0.0%.
MLCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Melco Resorts & Entertainment Limited reported an operating income of 182.64M and revenue of 1.37B, resulting in an operating margin of 13.3%.
RRC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Range Resources Corporation reported an operating income of 0.00 and revenue of 833.57M, resulting in an operating margin of 0.0%.
MLCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Melco Resorts & Entertainment Limited reported a net income of 77.06M and revenue of 1.37B, resulting in a net margin of 5.6%.
RRC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Range Resources Corporation reported a net income of 195.32M and revenue of 833.57M, resulting in a net margin of 23.4%.
Frequently Asked Questions
MLCO and RRC have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLCO has higher volatility (9.73%) compared to RRC (8.93%). In terms of maximum drawdown, MLCO dropped -89.50% vs RRC's -97.86%.
RRC currently has the higher Sharpe Ratio (0.33 vs -0.87), 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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