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RBLX vs RDDT: Correlation

Measured on weekly returns over the past three years, Roblox Corporation (RBLX) and Reddit (RDDT) carry a correlation of 0.39, a moderate link.

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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.39
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
1694.6
%² · weekly, annualized

How correlated are RBLX and RDDT?

On 3 years of weekly data the RBLX/RDDT correlation comes out at 0.39, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1694.6 %².

By 3-year correlation, RDDT places #5 of the 13 assets tracked against RBLX. Their recent paths diverged sharply: over the last 12 months RDDT outperformed by 41.8 percentage points (-68.9% for RBLX against -27.1% for RDDT).

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.

RBLX vs RDDT: side by side

RBLX (Roblox Corporation)RDDT (Reddit)
1-year return-68.9%-27.1%
5-year return-53.4%n/a
Volatility (ann.)54.8%75.2%
Beta vs S&P 5001.262.59
Max drawdown (3Y)-74.9%-61.4%
Market cap$27.3B$29.6B
P/E (trailing)36.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedCommunication Services
Smaller drawdown: RDDT -61.4% vs -74.9%
-72%0%+10%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). RBLX · RDDT

Year-by-year returns

YearRBLXRDDT
2022-72.4%
2023+60.6%
2024+26.6%
2025+40.0%+40.6%
2026-52.9%-33.0%

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

Are RBLX and RDDT good diversifiers for each other?

Reasonably. At 0.39, RBLX and RDDT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between RBLX and RDDT?

As of 2026-08-27, the correlation of weekly returns between RBLX and RDDT is 0.39 over 3 years, 0.39 over 1 year and n/a over 5 years.

Is RDDT a good diversifier for RBLX?

Reasonably. At 0.39, RBLX and RDDT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.39 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.

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RBLX vs RDDT: 3-year weekly correlation 0.39RBLX vs RDDT0.39

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Hubs: RBLX correlations · RDDT correlations