TKO vs VIK: Correlation
How closely do TKO Group Holdings (TKO) and Viking Holdings Ltd (VIK) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TKO and VIK?
Over the past 3 years, TKO and VIK moved with a correlation of 0.40, which is moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 422.4 %².
Within TKO's tracked universe of 32 assets, VIK comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VIK outperformed by 41.9 percentage points (+0.8% for TKO against +42.7% for VIK).
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 VIK: side by side
| TKO (TKO Group Holdings) | VIK (Viking Holdings Ltd) | |
|---|---|---|
| 1-year return | +0.8% | +42.7% |
| 5-year return | +281.8% | n/a |
| Volatility (ann.) | 32.1% | 33.6% |
| Beta vs S&P 500 | 0.70 | 1.31 |
| Max drawdown (3Y) | -34.8% | -35.4% |
| Market cap | $34.9B | $40.1B |
| P/E (trailing) | 65.8 | 30.0 |
| Dividend yield | 1.66% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | TKO | VIK |
|---|---|---|
| 2022 | +39.9% | – |
| 2023 | +23.9% | – |
| 2024 | +74.2% | – |
| 2025 | +48.9% | +62.1% |
| 2026 | -11.1% | +25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TKO and VIK good diversifiers for each other?
Reasonably. At 0.40, TKO and VIK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between TKO and VIK?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.38 over the last year and n/a over 5 years.
Is VIK a good diversifier for TKO?
Reasonably. At 0.40, TKO and VIK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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-vik.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tko-vs-vik/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TKO correlations · VIK correlations
