RKT vs. INDO

Last updated Jun 23, 2026

RKT (Rocket Companies, Inc.) and INDO (Indonesia Energy Corporation Limited) are both stocks. RKT operates in Mortgage Finance (Financial Services), while INDO operates in Oil & Gas E&P (Energy). Over the past 5 years, RKT returned -5.40%/yr vs -14.63%/yr for INDO. At a 0.04 correlation, their price movements are largely independent.

Performance

RKT vs. INDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rocket Companies, Inc. (RKT) and Indonesia Energy Corporation Limited (INDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RKT achieves a -31.10% return, which is significantly lower than INDO's -10.24% return.

RKT

• 1D: -7.49%
• 1M: -3.26%
• YTD: -31.10%
• 6M: -30.63%
• 1Y: -7.36%
• 3Y*: 17.86%
• 5Y*: -5.40%
• 10Y*: —

INDO

• 1D: 0.38%
• 1M: -18.83%
• YTD: -10.24%
• 6M: -20.06%
• 1Y: -48.02%
• 3Y*: -14.65%
• 5Y*: -14.63%
• 10Y*: —

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

RKT vs. INDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RKT Rocket Companies, Inc.	-31.10%	81.69%	-22.24%	106.86%	-46.18%	-27.56%	12.33%
INDO Indonesia Energy Corporation Limited	-10.24%	5.40%	2.58%	-41.85%	66.43%	-62.67%	61.29%

Correlation

The correlation between RKT and INDO is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Aug 6, 2020	0.04

The correlation between RKT and INDO shifts across timeframes, from -0.14 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap RKT : $37.98B INDO : $39.42M
EPS RKT : $0.12 INDO : -$0.76
PS Ratio RKT : 3.06 INDO : 8.42
PB Ratio RKT : 1.63 INDO : 2.01
Total Revenue (TTM) RKT : $8.68B INDO : $4.68M
Gross Profit (TTM) RKT : $5.20B INDO : -$1.89M
EBITDA (TTM) RKT : $1.52B INDO : -$8.73M

Return for Risk

RKT vs. INDO — Risk / Return Rank

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

RKT

RKT Risk / Return Rank: 37
RKT Sharpe Ratio Rank: 37
RKT Sortino Ratio Rank: 37
RKT Omega Ratio Rank: 36
RKT Calmar Ratio Rank: 37
RKT Martin Ratio Rank: 37

INDO

INDO Risk / Return Rank: 19
INDO Sharpe Ratio Rank: 19
INDO Sortino Ratio Rank: 23
INDO Omega Ratio Rank: 23
INDO Calmar Ratio Rank: 13
INDO Martin Ratio Rank: 16

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.

RKT vs. INDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rocket Companies, Inc. (RKT) and Indonesia Energy Corporation Limited (INDO). 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.

	RKT	INDO	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	-0.53	+0.41
Sortino ratio: Return per unit of downside risk	0.25	-0.35	+0.61
Omega ratio: Gain probability vs. loss probability	1.03	0.95	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.16	-0.76	+0.61
Martin ratio: Return relative to average drawdown	-0.31	-1.17	+0.86

RKT vs. INDO - Sharpe Ratio Comparison

The current RKT Sharpe Ratio is -0.12, which is higher than the INDO Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of RKT and INDO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RKT vs. INDO - Drawdown Comparison

The maximum RKT drawdown since its inception was -83.00%, smaller than the maximum INDO drawdown of -96.57%. Use the drawdown chart below to compare losses from any high point for RKT and INDO.

Drawdown Indicators

	RKT	INDO	Difference
Max Drawdown Largest peak-to-trough decline	-83.00%	-96.57%	+13.57%
Max Drawdown (1Y) Largest decline over 1 year	-47.31%	-63.06%	+15.75%
Max Drawdown (3Y) Largest decline over 3 years	-50.60%	-65.13%	+14.53%
Max Drawdown (5Y) Largest decline over 5 years	-66.53%	-96.57%	+30.04%
Current Drawdown Current decline from peak	-61.83%	-95.72%	+33.89%
Average Drawdown Average peak-to-trough decline	-60.14%	-78.54%	+18.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.01%	42.55%	-18.54%

Volatility

RKT vs. INDO - Volatility Comparison

Rocket Companies, Inc. (RKT) has a higher volatility of 21.40% compared to Indonesia Energy Corporation Limited (INDO) at 19.95%. This indicates that RKT's price experiences larger fluctuations and is considered to be riskier than INDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RKT	INDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.40%	19.95%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	46.00%	80.19%	-34.19%
Volatility (1Y) Calculated over the trailing 1-year period	60.36%	90.59%	-30.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.10%	145.52%	-91.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.13%	145.82%	-80.69%

Dividends

RKT vs. INDO - Dividend Comparison

Neither RKT nor INDO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
INDO Indonesia Energy Corporation Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RKT Rocket Companies, Inc.	0.00%	4.13%	0.00%	0.00%	14.43%	7.93%

Financials

Frequently Asked Questions

Can I hold both RKT and INDO in my portfolio?

RKT and INDO have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RKT or INDO?

RKT has higher volatility (21.40%) compared to INDO (19.95%). In terms of maximum drawdown, RKT dropped -83.00% vs INDO's -96.57%.

Which has better risk-adjusted returns?

RKT currently has the higher Sharpe Ratio (-0.12 vs -0.53), 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.