RNG vs. ROKU
RNG (RingCentral, Inc.) and ROKU (Roku, Inc.) are both stocks. RNG operates in Software - Application (Technology), while ROKU operates in Entertainment (Communication Services). Over the past 5 years, RNG returned -26.90%/yr vs -19.48%/yr for ROKU. Their 0.50 correlation means their historical movements had little consistent relationship.
Performance
RNG vs. ROKU - Performance Comparison
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Returns By Period
In the year-to-date period, RNG achieves a 93.23% return, which is significantly higher than ROKU's 33.66% return.
RNG
- 1D
- 4.00%
- 1M
- 39.02%
- 6M
- 115.63%
- YTD
- 93.23%
- 1Y
- 136.16%
- 3Y*
- 10.34%
- 5Y*
- -26.90%
- 10Y*
- 9.33%
- ALL TIME*
- 9.57%
ROKU
- 1D
- -0.06%
- 1M
- 1.81%
- 6M
- 52.32%
- YTD
- 33.66%
- 1Y
- 81.31%
- 3Y*
- 14.15%
- 5Y*
- -19.48%
- 10Y*
- —
- ALL TIME*
- 28.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $166.64M | $110.87M | $87.41M | |
ROKU Roku, Inc. | $351.29M | $393.75M | $580.85M |
RNG vs. ROKU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNG RingCentral, Inc. | 93.23% | -17.51% | 3.12% | -4.10% | -81.10% | -50.56% | 124.68% | 104.60% | 70.33% | 19.80% |
ROKU Roku, Inc. | 33.66% | 45.94% | -18.90% | 125.21% | -82.16% | -31.27% | 147.96% | 337.01% | -40.83% | 228.14% |
Correlation
The correlation between RNG and ROKU is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2017 | 0.50 |
The correlation between RNG and ROKU shifts across timeframes, from 0.34 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RNG:
$4.80B
ROKU:
$21.51B
RNG:
$1.25
ROKU:
$1.33
RNG:
44.65
ROKU:
108.85
RNG:
1.91
ROKU:
4.42
RNG:
$2.58B
ROKU:
$4.97B
RNG:
$1.86B
ROKU:
$2.19B
RNG:
$300.06M
ROKU:
$280.30M
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Return for Risk
RNG vs. ROKU — Risk / Return Rank
RNG
ROKU
RNG vs. ROKU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RingCentral, Inc. (RNG) and Roku, Inc. (ROKU). 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.
| RNG | ROKU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.24 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 1.96 | +2.12 |
| Martin ratioReturn relative to average drawdown | 9.42 | 5.65 | +3.77 |
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Drawdowns
RNG vs. ROKU - Drawdown Comparison
The maximum RNG drawdown since its inception was -95.15%, roughly equal to the maximum ROKU drawdown of -91.91%. Use the drawdown chart below to compare losses from any high point for RNG and ROKU.
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Drawdown Indicators
| RNG | ROKU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.15% | -91.91% | -3.24% |
Max Drawdown (1Y)Largest decline over 1 year | -29.32% | -27.69% | -1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -48.57% | -51.65% | +3.08% |
Max Drawdown (5Y)Largest decline over 5 years | -92.36% | -90.77% | -1.59% |
Max Drawdown (10Y)Largest decline over 10 years | -95.15% | — | — |
Current DrawdownCurrent decline from peak | -87.41% | -69.76% | -17.65% |
Average DrawdownAverage peak-to-trough decline | -42.86% | -53.10% | +10.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.69% | 9.83% | +2.86% |
Volatility
RNG vs. ROKU - Volatility Comparison
RingCentral, Inc. (RNG) has a higher volatility of 28.56% compared to Roku, Inc. (ROKU) at 3.43%. This indicates that RNG's price experiences larger fluctuations and is considered to be riskier than ROKU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNG | ROKU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.56% | 3.43% | +25.13% |
Volatility (6M)Calculated over the trailing 6-month period | 59.45% | 34.40% | +25.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.16% | 46.83% | +28.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.53% | 66.52% | -1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.51% | 74.91% | -18.40% |
Dividends
RNG vs. ROKU - Dividend Comparison
RNG's dividend yield for the trailing twelve months is around 0.27%, while ROKU has not paid dividends to shareholders.
| Position | TTM |
|---|---|
RNG RingCentral, Inc. | 0.27% |
ROKU Roku, Inc. | 0.00% |
Financials
RNG vs. ROKU - Financials Comparison
This section allows you to compare key financial metrics between RingCentral, Inc. and Roku, 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. ROKU - Profitability Comparison
RNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, RingCentral, Inc. reported a gross profit of 472.31M and revenue of 657.01M. Therefore, the gross margin over that period was 71.9%.
ROKU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Roku, Inc. reported a gross profit of 564.94M and revenue of 1.25B. Therefore, the gross margin over that period was 45.2%.
RNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, RingCentral, Inc. reported an operating income of 50.29M and revenue of 657.01M, resulting in an operating margin of 7.7%.
ROKU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Roku, Inc. reported an operating income of 51.77M and revenue of 1.25B, resulting in an operating margin of 4.2%.
RNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, RingCentral, Inc. reported a net income of 39.12M and revenue of 657.01M, resulting in a net margin of 6.0%.
ROKU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Roku, Inc. reported a net income of 85.70M and revenue of 1.25B, resulting in a net margin of 6.9%.
Frequently Asked Questions
RNG and ROKU have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNG has higher volatility (28.56%) compared to ROKU (3.43%). In terms of maximum drawdown, RNG dropped -95.15% vs ROKU's -91.91%.
RNG currently has the higher Sharpe Ratio (1.59 vs 1.16), 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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