UWMC vs. RKT

Last updated Jun 4, 2026

UWMC (UWM Holdings Corporation) and RKT (Rocket Companies, Inc.) are both stocks. Both operate in the Mortgage Finance industry within the Financial Services sector. Over the past 5 years, UWMC returned -14.78%/yr vs -5.73%/yr for RKT. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

UWMC vs. RKT - Performance Comparison

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

Returns By Period

In the year-to-date period, UWMC achieves a -35.94% return, which is significantly lower than RKT's -33.16% return.

UWMC

• 1D: -8.08%
• 1M: -22.88%
• YTD: -35.94%
• 6M: -49.47%
• 1Y: -27.57%
• 3Y*: -13.32%
• 5Y*: -14.78%
• 10Y*: —

RKT

• 1D: -7.77%
• 1M: -7.64%
• YTD: -33.16%
• 6M: -34.35%
• 1Y: 1.97%
• 3Y*: 18.20%
• 5Y*: -5.73%
• 10Y*: —

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

UWMC vs. RKT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
UWMC UWM Holdings Corporation	-35.94%	-19.30%	-13.04%	132.11%	-38.03%	-28.60%
RKT Rocket Companies, Inc.	-33.16%	81.69%	-22.24%	106.86%	-46.18%	-45.47%

Correlation

The correlation between UWMC and RKT is 0.70, 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	0.70
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 UWMC and RKT has been stable across timeframes, ranging from 0.63 to 0.70 - a consistent structural relationship.

Fundamentals

Market Cap UWMC : $4.37B RKT : $36.84B
EPS UWMC : $0.37 RKT : $0.12
PE Ratio UWMC : 7.36 RKT : 107.68
PS Ratio UWMC : 0.50 RKT : 2.97
PB Ratio UWMC : 2.73 RKT : 1.59
Total Revenue (TTM) UWMC : $3.10B RKT : $8.68B
Gross Profit (TTM) UWMC : $1.79B RKT : $5.20B
EBITDA (TTM) UWMC : $1.03B RKT : $1.52B

Return for Risk

UWMC vs. RKT — Risk / Return Rank

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

UWMC

UWMC Risk / Return Rank: 21
UWMC Sharpe Ratio Rank: 19
UWMC Sortino Ratio Rank: 20
UWMC Omega Ratio Rank: 21
UWMC Calmar Ratio Rank: 24
UWMC Martin Ratio Rank: 21

RKT

RKT Risk / Return Rank: 41
RKT Sharpe Ratio Rank: 41
RKT Sortino Ratio Rank: 41
RKT Omega Ratio Rank: 40
RKT Calmar Ratio Rank: 41
RKT Martin Ratio Rank: 41

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.

UWMC vs. RKT - Risk-Adjusted Trends Comparison

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

	UWMC	RKT	Difference
Sharpe ratio Return per unit of total volatility	-0.51	0.03	-0.55
Sortino ratio Return per unit of downside risk	-0.47	0.47	-0.95
Omega ratio Gain probability vs. loss probability	0.95	1.06	-0.11
Calmar ratio Return relative to maximum drawdown	-0.48	0.04	-0.52
Martin ratio Return relative to average drawdown	-0.99	0.09	-1.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UWMC vs. RKT - Sharpe Ratio Comparison

The current UWMC Sharpe Ratio is -0.51, which is lower than the RKT Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of UWMC and RKT, 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

	UWMC	RKT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.51	0.03	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.29	-0.11	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	-0.27	-0.09	-0.18

Drawdowns

UWMC vs. RKT - Drawdown Comparison

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

Drawdown Indicators

	UWMC	RKT	Difference
Max Drawdown Largest peak-to-trough decline	-68.67%	-83.00%	+14.33%
Max Drawdown (1Y) Largest decline over 1 year	-57.91%	-45.95%	-11.96%
Max Drawdown (3Y) Largest decline over 3 years	-67.19%	-50.60%	-16.59%
Max Drawdown (5Y) Largest decline over 5 years	-68.67%	-68.89%	+0.22%
Current Drawdown Current decline from peak	-67.19%	-62.98%	-4.21%
Average Drawdown Average peak-to-trough decline	-37.17%	-60.16%	+22.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.87%	22.07%	+5.80%

Volatility

UWMC vs. RKT - Volatility Comparison

The current volatility for UWM Holdings Corporation (UWMC) is 11.81%, while Rocket Companies, Inc. (RKT) has a volatility of 20.82%. This indicates that UWMC experiences smaller price fluctuations and is considered to be less risky than RKT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UWMC	RKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.81%	20.82%	-9.01%
Volatility (6M) Calculated over the trailing 6-month period	39.51%	42.29%	-2.78%
Volatility (1Y) Calculated over the trailing 1-year period	54.13%	58.14%	-4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.73%	53.59%	-2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.72%	64.43%	-13.71%

Dividends

UWMC vs. RKT - Dividend Comparison

UWMC's dividend yield for the trailing twelve months is around 14.65%, while RKT has not paid dividends to shareholders.

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	14.65%	9.13%	6.81%	5.59%	12.08%	6.76%

Financials

UWMC vs. RKT - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.

Frequently Asked Questions

Can I hold both UWMC and RKT in my portfolio?

UWMC and RKT have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UWMC or RKT?

RKT has higher volatility (20.82%) compared to UWMC (11.81%). In terms of maximum drawdown, UWMC dropped -68.67% vs RKT's -83.00%.

Which has better risk-adjusted returns?

RKT currently has the higher Sharpe Ratio (0.03 vs -0.51), 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.