RSKD vs TKO: Correlation
How closely do Riskified Ltd. Class A (RSKD) and TKO Group Holdings (TKO) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RSKD and TKO?
Over the past 3 years, RSKD and TKO moved with a correlation of 0.39, which is moderate. The past 12 months show a weaker link (0.23) than the 3-year average (0.39). Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 479.3 %².
Among the 17 assets we track against RSKD, TKO ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RSKD outperformed by 30.8 percentage points (+31.6% for RSKD against +0.8% for TKO).
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.
RSKD vs TKO: side by side
| RSKD (Riskified Ltd. Class A) | TKO (TKO Group Holdings) | |
|---|---|---|
| 1-year return | +31.6% | +0.8% |
| 5-year return | -81.3% | +281.8% |
| Volatility (ann.) | 38.0% | 32.1% |
| Beta vs S&P 500 | 1.09 | 0.70 |
| Max drawdown (3Y) | -42.2% | -34.8% |
| Market cap | $0.8B | $34.9B |
| P/E (trailing) | – | 65.8 |
| Dividend yield | 0.00% | 1.66% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | RSKD | TKO |
|---|---|---|
| 2022 | -41.2% | +39.9% |
| 2023 | +1.3% | +23.9% |
| 2024 | +1.1% | +74.2% |
| 2025 | +5.1% | +48.9% |
| 2026 | +23.1% | -11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RSKD and TKO good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RSKD and TKO?
As of 2026-08-27, the correlation of weekly returns between RSKD and TKO is 0.39 over 3 years, 0.23 over 1 year and 0.26 over 5 years.
Is TKO a good diversifier for RSKD?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rskd-vs-tko.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rskd-vs-tko/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RSKD correlations · TKO correlations
