RNG vs. ZM
RNG (RingCentral, Inc.) and ZM (Zoom Video Communications, Inc.) are both stocks. RNG operates in Software - Application (Technology), while ZM operates in Telecom Services (Communication Services). Over the past 5 years, RNG returned -26.90%/yr vs -23.97%/yr for ZM. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
RNG vs. ZM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RNG achieves a 93.23% return, which is significantly higher than ZM's 11.33% 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%
ZM
- 1D
- 4.06%
- 1M
- 10.24%
- 6M
- 4.31%
- YTD
- 11.33%
- 1Y
- 35.37%
- 3Y*
- 9.63%
- 5Y*
- -23.97%
- 10Y*
- —
- ALL TIME*
- 5.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $166.64M | $110.87M | $87.41M | |
| $292.76M | $286.72M | $412.83M |
RNG vs. ZM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RNG RingCentral, Inc. | 93.23% | -17.51% | 3.12% | -4.10% | -81.10% | -50.56% | 124.68% | 61.86% |
ZM Zoom Video Communications, Inc. | 11.33% | 5.73% | 13.49% | 6.16% | -63.17% | -45.48% | 395.77% | 4.68% |
Correlation
The correlation between RNG and ZM is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2019 | 0.58 |
The correlation between RNG and ZM has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.
Fundamentals
RNG:
$4.80B
ZM:
$28.17B
RNG:
$1.25
ZM:
$6.81
RNG:
44.65
ZM:
14.10
RNG:
1.91
ZM:
5.92
RNG:
$2.58B
ZM:
$4.93B
RNG:
$1.86B
ZM:
$3.82B
RNG:
$300.06M
ZM:
$1.90B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RNG vs. ZM — Risk / Return Rank
RNG
ZM
RNG vs. ZM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RingCentral, Inc. (RNG) and Zoom Video Communications, Inc. (ZM). 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 | ZM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.16 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 1.15 | +2.93 |
| Martin ratioReturn relative to average drawdown | 9.42 | 2.64 | +6.79 |
Loading charts...
Drawdowns
RNG vs. ZM - Drawdown Comparison
The maximum RNG drawdown since its inception was -95.15%, which is greater than ZM's maximum drawdown of -90.27%. Use the drawdown chart below to compare losses from any high point for RNG and ZM.
Loading charts...
Drawdown Indicators
| RNG | ZM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.15% | -90.27% | -4.88% |
Max Drawdown (1Y)Largest decline over 1 year | -29.32% | -25.92% | -3.40% |
Max Drawdown (3Y)Largest decline over 3 years | -48.57% | -25.92% | -22.65% |
Max Drawdown (5Y)Largest decline over 5 years | -92.36% | -86.19% | -6.17% |
Max Drawdown (10Y)Largest decline over 10 years | -95.15% | — | — |
Current DrawdownCurrent decline from peak | -87.41% | -83.10% | -4.31% |
Average DrawdownAverage peak-to-trough decline | -42.86% | -63.23% | +20.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.69% | 11.32% | +1.37% |
Volatility
RNG vs. ZM - Volatility Comparison
RingCentral, Inc. (RNG) has a higher volatility of 28.56% compared to Zoom Video Communications, Inc. (ZM) at 11.09%. This indicates that RNG's price experiences larger fluctuations and is considered to be riskier than ZM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RNG | ZM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.56% | 11.09% | +17.47% |
Volatility (6M)Calculated over the trailing 6-month period | 59.45% | 34.10% | +25.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.16% | 43.66% | +31.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.53% | 44.55% | +19.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.51% | 54.28% | +2.23% |
Dividends
RNG vs. ZM - Dividend Comparison
RNG's dividend yield for the trailing twelve months is around 0.27%, while ZM has not paid dividends to shareholders.
| Position | TTM |
|---|---|
RNG RingCentral, Inc. | 0.27% |
ZM Zoom Video Communications, Inc. | 0.00% |
Financials
RNG vs. ZM - Financials Comparison
This section allows you to compare key financial metrics between RingCentral, Inc. and Zoom Video Communications, 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. ZM - 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%.
ZM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Zoom Video Communications, Inc. reported a gross profit of 964.72M and revenue of 1.24B. Therefore, the gross margin over that period was 77.9%.
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%.
ZM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Zoom Video Communications, Inc. reported an operating income of 310.47M and revenue of 1.24B, resulting in an operating margin of 25.1%.
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%.
ZM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Zoom Video Communications, Inc. reported a net income of 425.68M and revenue of 1.24B, resulting in a net margin of 34.4%.
Frequently Asked Questions
RNG and ZM have a correlation of 0.62, 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 ZM (11.09%). In terms of maximum drawdown, RNG dropped -95.15% vs ZM's -90.27%.
RNG currently has the higher Sharpe Ratio (1.59 vs 0.68), 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.
Find the right allocation for RNG and ZM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer