RKT vs. UWMC

Last updated Jun 3, 2026

RKT (Rocket Companies, Inc.) and UWMC (UWM Holdings Corporation) are both stocks. Both operate in the Mortgage Finance industry within the Financial Services sector. Over the past 5 years, RKT returned -3.99%/yr vs -13.32%/yr for UWMC. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

RKT vs. UWMC - Performance Comparison

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

Returns By Period

In the year-to-date period, RKT achieves a -27.53% return, which is significantly higher than UWMC's -30.30% return.

RKT

• 1D: -1.06%
• 1M: -4.17%
• YTD: -27.53%
• 6M: -28.96%
• 1Y: 12.06%
• 3Y*: 21.43%
• 5Y*: -3.99%
• 10Y*: —

UWMC

• 1D: -1.33%
• 1M: -18.85%
• YTD: -30.30%
• 6M: -44.73%
• 1Y: -20.62%
• 3Y*: -10.85%
• 5Y*: -13.32%
• 10Y*: —

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

RKT vs. UWMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RKT Rocket Companies, Inc.	-27.53%	81.69%	-22.24%	106.86%	-46.18%	-45.47%
UWMC UWM Holdings Corporation	-30.30%	-19.30%	-13.04%	132.11%	-38.03%	-28.60%

Correlation

The correlation between RKT and UWMC is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Mar 5, 2021	0.63

The correlation between RKT and UWMC has been stable across timeframes, ranging from 0.63 to 0.69 - a consistent structural relationship.

Fundamentals

Market Cap RKT : $39.94B UWMC : $4.75B
EPS RKT : $0.12 UWMC : $0.37
PE Ratio RKT : 116.75 UWMC : 8.01
PS Ratio RKT : 3.22 UWMC : 0.55
PB Ratio RKT : 1.72 UWMC : 2.97
Total Revenue (TTM) RKT : $8.68B UWMC : $3.10B
Gross Profit (TTM) RKT : $5.20B UWMC : $1.79B
EBITDA (TTM) RKT : $1.52B UWMC : $1.03B

Return for Risk

RKT vs. UWMC — Risk / Return Rank

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

RKT

RKT Risk / Return Rank: 46
RKT Sharpe Ratio Rank: 48
RKT Sortino Ratio Rank: 47
RKT Omega Ratio Rank: 44
RKT Calmar Ratio Rank: 45
RKT Martin Ratio Rank: 45

UWMC

UWMC Risk / Return Rank: 24
UWMC Sharpe Ratio Rank: 24
UWMC Sortino Ratio Rank: 24
UWMC Omega Ratio Rank: 25
UWMC Calmar Ratio Rank: 25
UWMC Martin Ratio Rank: 23

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. UWMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rocket Companies, Inc. (RKT) and UWM Holdings Corporation (UWMC). 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.

	RKT	UWMC	Difference
Sharpe ratio Return per unit of total volatility	0.21	-0.39	+0.60
Sortino ratio Return per unit of downside risk	0.72	-0.24	+0.96
Omega ratio Gain probability vs. loss probability	1.08	0.97	+0.11
Calmar ratio Return relative to maximum drawdown	0.22	-0.45	+0.66
Martin ratio Return relative to average drawdown	0.46	-0.89	+1.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RKT vs. UWMC - Sharpe Ratio Comparison

The current RKT Sharpe Ratio is 0.21, which is higher than the UWMC Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of RKT and UWMC, 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

	RKT	UWMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.21	-0.39	+0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	-0.26	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	-0.24	+0.18

Drawdowns

RKT vs. UWMC - Drawdown Comparison

The maximum RKT drawdown since its inception was -83.00%, which is greater than UWMC's maximum drawdown of -68.67%. Use the drawdown chart below to compare losses from any high point for RKT and UWMC.

Drawdown Indicators

	RKT	UWMC	Difference
Max Drawdown Largest peak-to-trough decline	-83.00%	-68.67%	-14.33%
Max Drawdown (1Y) Largest decline over 1 year	-45.95%	-54.98%	+9.03%
Max Drawdown (3Y) Largest decline over 3 years	-50.60%	-64.91%	+14.31%
Max Drawdown (5Y) Largest decline over 5 years	-68.89%	-68.67%	-0.22%
Current Drawdown Current decline from peak	-59.86%	-64.31%	+4.45%
Average Drawdown Average peak-to-trough decline	-60.16%	-37.15%	-23.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.89%	27.63%	-5.74%

Volatility

RKT vs. UWMC - Volatility Comparison

Rocket Companies, Inc. (RKT) has a higher volatility of 19.68% compared to UWM Holdings Corporation (UWMC) at 9.41%. This indicates that RKT's price experiences larger fluctuations and is considered to be riskier than UWMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RKT	UWMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.68%	9.41%	+10.27%
Volatility (6M) Calculated over the trailing 6-month period	41.61%	38.71%	+2.90%
Volatility (1Y) Calculated over the trailing 1-year period	57.64%	53.75%	+3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.50%	50.60%	+2.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.37%	50.61%	+13.76%

Dividends

RKT vs. UWMC - Dividend Comparison

RKT has not paid dividends to shareholders, while UWMC's dividend yield for the trailing twelve months is around 13.47%.

Position	TTM	2025	2024	2023	2022	2021
RKT Rocket Companies, Inc.	0.00%	4.13%	0.00%	0.00%	14.43%	7.93%
UWMC UWM Holdings Corporation	13.47%	9.13%	6.81%	5.59%	12.08%	6.76%

Financials

RKT vs. UWMC - Profitability Comparison

The chart below illustrates the profitability comparison between Rocket Companies, Inc. and UWM Holdings Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RKT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rocket Companies, Inc. reported a gross profit of 0.00 and revenue of 2.94B. Therefore, the gross margin over that period was 0.0%.

UWMC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UWM Holdings Corporation reported a gross profit of 0.00 and revenue of 901.43M. Therefore, the gross margin over that period was 0.0%.

RKT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rocket Companies, Inc. reported an operating income of 0.00 and revenue of 2.94B, resulting in an operating margin of 0.0%.

UWMC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UWM Holdings Corporation reported an operating income of 0.00 and revenue of 901.43M, resulting in an operating margin of 0.0%.

RKT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rocket Companies, Inc. reported a net income of 297.00M and revenue of 2.94B, resulting in a net margin of 10.1%.

UWMC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UWM Holdings Corporation reported a net income of 170.37M and revenue of 901.43M, resulting in a net margin of 18.9%.

Frequently Asked Questions

Can I hold both RKT and UWMC in my portfolio?

RKT and UWMC have a correlation of 0.69, 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 UWMC?

RKT has higher volatility (19.68%) compared to UWMC (9.41%). In terms of maximum drawdown, RKT dropped -83.00% vs UWMC's -68.67%.

Which has better risk-adjusted returns?

RKT currently has the higher Sharpe Ratio (0.21 vs -0.39), 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.