RCL vs. IMMR

Last updated Jun 9, 2026

RCL (Royal Caribbean Cruises Ltd.) and IMMR (Immersion Corporation) are both stocks. RCL operates in Travel Services (Consumer Cyclical), while IMMR operates in Software - Application (Technology). Over the past 10 years, RCL returned 15.25%/yr vs 1.41%/yr for IMMR. At a 0.24 correlation, their price movements are largely independent.

Performance

RCL vs. IMMR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Royal Caribbean Cruises Ltd. (RCL) and Immersion Corporation (IMMR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RCL achieves a -1.45% return, which is significantly lower than IMMR's 0.39% return. Over the past 10 years, RCL has outperformed IMMR with an annualized return of 15.25%, while IMMR has yielded a comparatively lower 1.41% annualized return.

RCL

• 1D: -2.86%
• 1M: -0.66%
• YTD: -1.45%
• 6M: 9.27%
• 1Y: 0.11%
• 3Y*: 45.28%
• 5Y*: 24.69%
• 10Y*: 15.25%

IMMR

• 1D: 4.71%
• 1M: -0.15%
• YTD: 0.39%
• 6M: -3.03%
• 1Y: -10.21%
• 3Y*: -2.01%
• 5Y*: -3.62%
• 10Y*: 1.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RCL vs. IMMR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RCL Royal Caribbean Cruises Ltd.	-1.45%	22.46%	78.98%	161.97%	-35.72%	2.96%	-43.50%	39.94%	-16.13%	48.22%
IMMR Immersion Corporation	0.39%	-18.30%	26.47%	3.43%	23.12%	-49.42%	51.95%	-17.08%	26.91%	-33.58%

Correlation

The correlation between RCL and IMMR is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Nov 15, 1999	0.24

The correlation between RCL and IMMR shifts across timeframes, from 0.24 (all time) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) RCL : $18.39B IMMR : $1.47B
Gross Profit (TTM) RCL : $8.68B IMMR : $409.86M
EBITDA (TTM) RCL : $7.13B IMMR : $188.76M

Return for Risk

RCL vs. IMMR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RCL

RCL Risk / Return Rank: 41
RCL Sharpe Ratio Rank: 42
RCL Sortino Ratio Rank: 39
RCL Omega Ratio Rank: 38
RCL Calmar Ratio Rank: 42
RCL Martin Ratio Rank: 42

IMMR

IMMR Risk / Return Rank: 30
IMMR Sharpe Ratio Rank: 31
IMMR Sortino Ratio Rank: 29
IMMR Omega Ratio Rank: 29
IMMR Calmar Ratio Rank: 31
IMMR Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RCL vs. IMMR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Royal Caribbean Cruises Ltd. (RCL) and Immersion Corporation (IMMR). 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.

	RCL	IMMR	Difference
Sharpe ratio: Return per unit of total volatility	0.00	-0.26	+0.26
Sortino ratio: Return per unit of downside risk	0.36	-0.11	+0.47
Omega ratio: Gain probability vs. loss probability	1.04	0.99	+0.05
Calmar ratio: Return relative to maximum drawdown	0.00	-0.33	+0.34
Martin ratio: Return relative to average drawdown	0.01	-0.61	+0.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RCL vs. IMMR - Sharpe Ratio Comparison

The current RCL Sharpe Ratio is 0.00, which is higher than the IMMR Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of RCL and IMMR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RCL	IMMR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.00	-0.26	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	-0.08	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.03	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	-0.04	+0.30

Drawdowns

RCL vs. IMMR - Drawdown Comparison

The maximum RCL drawdown since its inception was -89.49%, smaller than the maximum IMMR drawdown of -98.66%. Use the drawdown chart below to compare losses from any high point for RCL and IMMR.

Drawdown Indicators

	RCL	IMMR	Difference
Max Drawdown Largest peak-to-trough decline	-89.49%	-98.66%	+9.17%
Max Drawdown (1Y) Largest decline over 1 year	-32.36%	-30.86%	-1.50%
Max Drawdown (3Y) Largest decline over 3 years	-35.02%	-56.90%	+21.88%
Max Drawdown (5Y) Largest decline over 5 years	-67.64%	-56.90%	-10.74%
Max Drawdown (10Y) Largest decline over 10 years	-83.30%	-74.29%	-9.01%
Current Drawdown Current decline from peak	-24.38%	-89.65%	+65.27%
Average Drawdown Average peak-to-trough decline	-27.77%	-88.21%	+60.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.98%	16.77%	+2.21%

Volatility

RCL vs. IMMR - Volatility Comparison

Royal Caribbean Cruises Ltd. (RCL) and Immersion Corporation (IMMR) have volatilities of 12.07% and 12.61%, 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.

Volatility by Period

	RCL	IMMR	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.07%	12.61%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	37.21%	27.21%	+10.00%
Volatility (1Y) Calculated over the trailing 1-year period	45.63%	39.79%	+5.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.38%	45.83%	+2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.29%	51.32%	+1.97%

Dividends

RCL vs. IMMR - Dividend Comparison

RCL's dividend yield for the trailing twelve months is around 1.84%, less than IMMR's 3.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IMMR Immersion Corporation	3.60%	5.59%	2.06%	3.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RCL Royal Caribbean Cruises Ltd.	1.84%	1.25%	0.41%	0.00%	0.00%	0.00%	1.04%	2.22%	2.66%	1.81%	2.08%	1.33%

Financials

Frequently Asked Questions

Can I hold both RCL and IMMR in my portfolio?

RCL and IMMR have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RCL or IMMR?

IMMR has higher volatility (12.61%) compared to RCL (12.07%). In terms of maximum drawdown, RCL dropped -89.49% vs IMMR's -98.66%.

Which has better risk-adjusted returns?

RCL currently has the higher Sharpe Ratio (0.00 vs -0.26), 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.