TKO vs TTWO: Correlation
How closely do TKO Group Holdings (TKO) and Take-Two Interactive (TTWO) trade together? Their weekly returns over three years give a correlation of 0.25, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TKO and TTWO?
Over the past 3 years, TKO and TTWO moved with a correlation of 0.25, which is weak. The link has loosened recently: the 1-year correlation (0.11) runs below the 3-year figure (0.25). Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 221.9 %².
By 3-year correlation, TTWO places #21 of the 32 assets tracked against TKO. Neither side won the trailing year by much: +0.8% against +0.4%. The relationship is regime-dependent: the rolling one-year correlation swung between -0.03 and 0.58 over the past three years, so this pair behaves very differently depending on the market environment.
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.
TKO vs TTWO: side by side
| TKO (TKO Group Holdings) | TTWO (Take-Two Interactive) | |
|---|---|---|
| 1-year return | +0.8% | +0.4% |
| 5-year return | +281.8% | +47.3% |
| Volatility (ann.) | 32.1% | 27.3% |
| Beta vs S&P 500 | 0.70 | 0.85 |
| Max drawdown (3Y) | -34.8% | -27.7% |
| Market cap | $34.9B | $43.6B |
| P/E (trailing) | 65.8 | – |
| Dividend yield | 1.66% | 0.00% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | TKO | TTWO |
|---|---|---|
| 2022 | +39.9% | -41.4% |
| 2023 | +23.9% | +54.6% |
| 2024 | +74.2% | +14.4% |
| 2025 | +48.9% | +39.1% |
| 2026 | -11.1% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TKO and TTWO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TKO and TTWO?
As of 2026-08-27, the correlation of weekly returns between TKO and TTWO is 0.25 over 3 years, 0.11 over 1 year and 0.20 over 5 years.
Is TTWO a good diversifier for TKO?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 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/tko-vs-ttwo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tko-vs-ttwo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TKO correlations · TTWO correlations
