GRAB vs TTWO: Correlation
How closely do Grab Holdings Limited - Class A (GRAB) and Take-Two Interactive (TTWO) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRAB and TTWO?
On 3 years of weekly data the GRAB/TTWO correlation comes out at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. The 5-year figure is 0.23, and annualized covariance runs at 460.2 %².
Within GRAB's tracked universe of 17 assets, TTWO comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TTWO ahead by 27.9 points (-27.5% versus +0.4%).
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.
GRAB vs TTWO: side by side
| GRAB (Grab Holdings Limited - Class A) | TTWO (Take-Two Interactive) | |
|---|---|---|
| 1-year return | -27.5% | +0.4% |
| 5-year return | -65.8% | +47.3% |
| Volatility (ann.) | 37.6% | 27.3% |
| Beta vs S&P 500 | 1.41 | 0.85 |
| Max drawdown (3Y) | -49.3% | -27.7% |
| Market cap | $14.7B | $43.6B |
| P/E (trailing) | 32.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | GRAB | TTWO |
|---|---|---|
| 2022 | -54.8% | -41.4% |
| 2023 | +4.7% | +54.6% |
| 2024 | +40.1% | +14.4% |
| 2025 | +5.7% | +39.1% |
| 2026 | -28.1% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRAB and TTWO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GRAB and TTWO?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.47 over the last year and 0.23 over 5 years.
Is TTWO a good diversifier for GRAB?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/grab-vs-ttwo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/grab-vs-ttwo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GRAB correlations · TTWO correlations
