RNG vs. SKYY

In the year-to-date period, RNG achieves a -25.11% return, which is significantly lower than SKYY's -4.65% return. Over the past 10 years, RNG has underperformed SKYY with an annualized return of 4.48%, while SKYY has yielded a comparatively higher 14.30% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for RingCentral, Inc. (RNG) and First Trust ISE Cloud Computing Index Fund (SKYY). 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.

The current RNG Sharpe Ratio is -0.63, which is lower than the SKYY Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of RNG and SKYY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Neither RNG nor SKYY has paid dividends to shareholders.

The maximum RNG drawdown since its inception was -95.15%, which is greater than SKYY's maximum drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for RNG and SKYY. For additional features, visit the drawdowns tool.

RingCentral, Inc. (RNG) has a higher volatility of 10.12% compared to First Trust ISE Cloud Computing Index Fund (SKYY) at 7.72%. This indicates that RNG's price experiences larger fluctuations and is considered to be riskier than SKYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.