KO vs RBLX: Correlation
Measured on weekly returns over the past three years, Coca-Cola Company (The) (KO) and Roblox Corporation (RBLX) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KO and RBLX?
Across a 3-year window, the weekly returns of KO and RBLX correlate at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.23 over 3. Stretching to 5 years gives -0.02, with an annualized covariance of -195.9 %².
Within KO's tracked universe of 43 assets, RBLX comes in at #37 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KO outperformed by 102.0 percentage points (+33.1% for KO against -68.9% for RBLX). Risk is not evenly split, since RBLX carries 3.6 times the volatility of the other side.
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.
KO vs RBLX: side by side
| KO (Coca-Cola Company (The)) | RBLX (Roblox Corporation) | |
|---|---|---|
| 1-year return | +33.1% | -68.9% |
| 5-year return | +83.8% | -53.4% |
| Volatility (ann.) | 15.4% | 54.8% |
| Beta vs S&P 500 | 0.11 | 1.26 |
| Max drawdown (3Y) | -15.5% | -74.9% |
| Market cap | $383.2B | $27.3B |
| P/E (trailing) | 27.0 | – |
| Dividend yield | 2.31% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | KO | RBLX |
|---|---|---|
| 2022 | +10.6% | -72.4% |
| 2023 | -4.4% | +60.6% |
| 2024 | +8.9% | +26.6% |
| 2025 | +15.6% | +40.0% |
| 2026 | +29.1% | -52.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KO and RBLX good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between KO and RBLX?
The KO/RBLX correlation stands at -0.23 on a 3-year window (1 year: -0.28, 5 years: -0.02), computed from weekly returns as of 2026-08-27.
Is RBLX a good diversifier for KO?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
A reading of -0.23 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
$ curl https://www.pairbook.io/api/v1/pairs/ko-vs-rblx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ko-vs-rblx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KO correlations · RBLX correlations
