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ARKK vs RBLX: Correlation

How closely do ARK Innovation ETF (ARKK) and Roblox Corporation (RBLX) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.47
last 12 months
Correlation (5Y)
0.58
long-run
Ann. covariance
1064.2
%² · weekly, annualized

How correlated are ARKK and RBLX?

On 3 years of weekly data the ARKK/RBLX correlation comes out at 0.50, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.50 over 3. The 5-year figure is 0.58, and annualized covariance runs at 1064.2 %².

Among the 122 assets we track against ARKK, RBLX ranks #65 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ARKK outperformed by 84.6 percentage points (+15.7% for ARKK against -68.9% for RBLX).

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

ARKK vs RBLX: side by side

ARKK (ARK Innovation ETF)RBLX (Roblox Corporation)
1-year return+15.7%-68.9%
5-year return-27.7%-53.4%
Volatility (ann.)38.8%54.8%
Beta vs S&P 5002.071.26
Max drawdown (3Y)-39.6%-74.9%
Market cap$27.3B
P/E (trailing)
Dividend yield0.00%
Sector / categoryETF · ThematicUS Listed
Smaller drawdown: ARKK -39.6% vs -74.9%Higher 5y return: ARKK -27.7% vs -53.4%
-72%0%+18%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ARKK · RBLX

Year-by-year returns

YearARKKRBLX
2022-67.0%-72.4%
2023+69.0%+60.6%
2024+8.4%+26.6%
2025+35.5%+40.0%
2026+13.6%-52.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ARKK and RBLX good diversifiers for each other?

To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between ARKK and RBLX?

Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.47 over the last year and 0.58 over 5 years.

Is RBLX a good diversifier for ARKK?

To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.50 mean?

A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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ARKK vs RBLX: 3-year weekly correlation 0.50ARKK vs RBLX0.50

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Related comparisons

Hubs: ARKK correlations · RBLX correlations