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DKNG correlations (DraftKings Inc.)

Which assets move with DKNG and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
50.0%
3y weekly
Beta vs S&P 500
1.64
3y weekly
1-year return
-49.3%
price, adjusted
5-year return
-59.1%
price, adjusted
Market cap
$12.0B
latest
Max drawdown
-61.3%
3y, daily closes
-56%0%2025-09-052026-08-27
DKNG over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with DKNG

AssetCorrelation (3Y)
FLUTFlutter Entertainment plc0.61
CZRCaesars Entertainment, Inc.0.52
ROKURoku, Inc.0.52
RSIRush Street Interactive, Inc.0.51
ARKKARK Innovation ETF0.50

Best diversifiers for DKNG

These are the assets whose returns had the least to do with DKNG's, historically the most independent picks in our universe.

AssetCorrelation (3Y)
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.43
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.40
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.38

DKNG vs benchmarks

DKNG vs SPY 0.48 DKNG vs QQQ 0.47

Get DKNG data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/dkng.json

Correlations, diversifiers, beta and volatility for DKNG, plus one endpoint per pair. API documentation.