RNG vs. FIVN
RNG (RingCentral, Inc.) and FIVN (Five9, Inc.) are both stocks. Both are in the Technology sector — RNG in Software - Application, FIVN in Software - Infrastructure. Over the past 10 years, RNG returned 8.89%/yr vs 8.07%/yr for FIVN. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
RNG vs. FIVN - Performance Comparison
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Returns By Period
In the year-to-date period, RNG achieves a 61.09% return, which is significantly higher than FIVN's 24.84% return. Over the past 10 years, RNG has outperformed FIVN with an annualized return of 8.89%, while FIVN has yielded a comparatively lower 8.07% annualized return.
RNG
- 1D
- -5.42%
- 1M
- 3.02%
- YTD
- 61.09%
- 6M
- 58.03%
- 1Y
- 79.01%
- 3Y*
- 9.74%
- 5Y*
- -28.47%
- 10Y*
- 8.89%
FIVN
- 1D
- -4.68%
- 1M
- 12.54%
- YTD
- 24.84%
- 6M
- 27.12%
- 1Y
- -4.68%
- 3Y*
- -29.13%
- 5Y*
- -30.98%
- 10Y*
- 8.07%
RNG vs. FIVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNG RingCentral, Inc. | 61.09% | -17.51% | 3.12% | -4.10% | -81.10% | -50.56% | 124.68% | 104.60% | 70.33% | 134.95% |
FIVN Five9, Inc. | 24.84% | -50.66% | -48.35% | 15.96% | -50.58% | -21.26% | 165.93% | 50.00% | 75.72% | 75.33% |
Correlation
The correlation between RNG and FIVN is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2014 | 0.57 |
The correlation between RNG and FIVN shifts across timeframes, from 0.57 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
RNG:
$4.03B
FIVN:
$2.16B
RNG:
$0.94
FIVN:
$0.65
RNG:
49.45
FIVN:
38.24
RNG:
1.64
FIVN:
1.86
RNG:
$2.55B
FIVN:
$1.17B
RNG:
$1.82B
FIVN:
$644.83M
RNG:
$364.66M
FIVN:
$179.58M
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Return for Risk
RNG vs. FIVN — Risk / Return Rank
RNG
FIVN
RNG vs. FIVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RingCentral, Inc. (RNG) and Five9, Inc. (FIVN). 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.
| RNG | FIVN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | -0.08 | +1.24 |
Sortino ratioReturn per unit of downside risk | 2.21 | 0.34 | +1.87 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.04 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 3.38 | -0.10 | +3.48 |
Martin ratioReturn relative to average drawdown | 7.42 | -0.19 | +7.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RNG | FIVN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | -0.08 | +1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.45 | -0.56 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.16 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.20 | -0.06 |
Drawdowns
RNG vs. FIVN - Drawdown Comparison
The maximum RNG drawdown since its inception was -95.15%, roughly equal to the maximum FIVN drawdown of -93.51%. Use the drawdown chart below to compare losses from any high point for RNG and FIVN.
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Drawdown Indicators
| RNG | FIVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.15% | -93.51% | -1.64% |
Max Drawdown (1Y)Largest decline over 1 year | -23.49% | -53.96% | +30.47% |
Max Drawdown (3Y)Largest decline over 3 years | -49.86% | -84.52% | +34.66% |
Max Drawdown (5Y)Largest decline over 5 years | -92.99% | -93.51% | +0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -95.15% | -93.51% | -1.64% |
Current DrawdownCurrent decline from peak | -89.50% | -88.06% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -42.26% | -35.19% | -7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.70% | 30.01% | -19.31% |
Volatility
RNG vs. FIVN - Volatility Comparison
RingCentral, Inc. (RNG) has a higher volatility of 21.12% compared to Five9, Inc. (FIVN) at 19.82%. This indicates that RNG's price experiences larger fluctuations and is considered to be riskier than FIVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNG | FIVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.12% | 19.82% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 52.21% | 48.47% | +3.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.03% | 60.70% | +7.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.02% | 55.74% | +7.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.56% | 50.83% | +4.73% |
Dividends
RNG vs. FIVN - Dividend Comparison
RNG's dividend yield for the trailing twelve months is around 0.32%, while FIVN has not paid dividends to shareholders.
| Position | TTM |
|---|---|
FIVN Five9, Inc. | 0.00% |
RNG RingCentral, Inc. | 0.32% |
Financials
RNG vs. FIVN - Financials Comparison
This section allows you to compare key financial metrics between RingCentral, Inc. and Five9, Inc.. 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
RNG vs. FIVN - Profitability Comparison
RNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RingCentral, Inc. reported a gross profit of 464.77M and revenue of 644.20M. Therefore, the gross margin over that period was 72.2%.
FIVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Five9, Inc. reported a gross profit of 170.53M and revenue of 305.32M. Therefore, the gross margin over that period was 55.9%.
RNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RingCentral, Inc. reported an operating income of 50.03M and revenue of 644.20M, resulting in an operating margin of 7.8%.
FIVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Five9, Inc. reported an operating income of 18.49M and revenue of 305.32M, resulting in an operating margin of 6.1%.
RNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RingCentral, Inc. reported a net income of 30.62M and revenue of 644.20M, resulting in a net margin of 4.8%.
FIVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Five9, Inc. reported a net income of 18.41M and revenue of 305.32M, resulting in a net margin of 6.0%.
Frequently Asked Questions
RNG and FIVN have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNG has higher volatility (21.12%) compared to FIVN (19.82%). In terms of maximum drawdown, RNG dropped -95.15% vs FIVN's -93.51%.
RNG currently has the higher Sharpe Ratio (1.17 vs -0.08), 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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