NFLX vs TTWO: Correlation
How closely do Netflix (NFLX) and Take-Two Interactive (TTWO) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NFLX and TTWO?
Across a 3-year window, the weekly returns of NFLX and TTWO correlate at 0.35, moderate. The past 12 months show a weaker link (0.23) than the 3-year average (0.35). Stretching to 5 years gives 0.32, with an annualized covariance of 340.9 %².
Within NFLX's tracked universe of 33 assets, TTWO comes in at #20 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TTWO outperformed by 35.1 percentage points (-34.7% for NFLX against +0.4% for TTWO). On a rolling one-year basis the correlation drifted between 0.24 and 0.52, a moderate band.
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.
NFLX vs TTWO: side by side
| NFLX (Netflix) | TTWO (Take-Two Interactive) | |
|---|---|---|
| 1-year return | -34.7% | +0.4% |
| 5-year return | +41.0% | +47.3% |
| Volatility (ann.) | 35.2% | 27.3% |
| Beta vs S&P 500 | 0.99 | 0.85 |
| Max drawdown (3Y) | -49.5% | -27.7% |
| Market cap | $332.4B | $43.6B |
| P/E (trailing) | 25.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | NFLX | TTWO |
|---|---|---|
| 2022 | -51.1% | -41.4% |
| 2023 | +65.1% | +54.6% |
| 2024 | +83.1% | +14.4% |
| 2025 | +5.2% | +39.1% |
| 2026 | -14.8% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NFLX and TTWO good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NFLX and TTWO?
The NFLX/TTWO correlation stands at 0.35 on a 3-year window (1 year: 0.23, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is TTWO a good diversifier for NFLX?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
A reading of 0.35 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/nflx-vs-ttwo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nflx-vs-ttwo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NFLX correlations · TTWO correlations
