DKNG vs. AVGO
Compare and contrast key facts about DraftKings Inc. (DKNG) and Broadcom Inc. (AVGO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DKNG or AVGO.
Key characteristics
| DKNG | AVGO | |
|---|---|---|
| YTD Return | 18.64% | 14.99% |
| 1Y Return | 96.25% | 113.61% |
| 3Y Return (Ann) | -9.36% | 46.10% |
| Sharpe Ratio | 1.88 | 3.06 |
| Daily Std Dev | 48.35% | 36.78% |
| Max Drawdown | -85.73% | -48.30% |
| Current Drawdown | -41.90% | -8.77% |
Fundamentals
| DKNG | AVGO | |
|---|---|---|
| Market Cap | $19.92B | $592.30B |
| EPS | -$1.16 | $26.97 |
| Revenue (TTM) | $4.07B | $38.86B |
| Gross Profit (TTM) | $756.19M | $24.95B |
| EBITDA (TTM) | -$328.33M | $20.40B |
Correlation
The correlation between DKNG and AVGO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DKNG vs. AVGO - Performance Comparison
In the year-to-date period, DKNG achieves a 18.64% return, which is significantly higher than AVGO's 14.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DKNG vs. AVGO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DraftKings Inc. (DKNG) and Broadcom Inc. (AVGO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DKNG vs. AVGO - Dividend Comparison
DKNG has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 1.54%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DKNG DraftKings Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AVGO Broadcom Inc. | 1.54% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.94% | 1.52% | 1.23% | 1.34% | 1.87% |
Drawdowns
DKNG vs. AVGO - Drawdown Comparison
The maximum DKNG drawdown since its inception was -85.73%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for DKNG and AVGO. For additional features, visit the drawdowns tool.
Volatility
DKNG vs. AVGO - Volatility Comparison
DraftKings Inc. (DKNG) and Broadcom Inc. (AVGO) have volatilities of 12.30% and 12.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
DKNG vs. AVGO - Financials Comparison
This section allows you to compare key financial metrics between DraftKings Inc. and Broadcom Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities