DKNG vs. FLUT
DKNG (DraftKings Inc.) and FLUT (Flutter Entertainment PLC) are both stocks. Both operate in the Gambling industry within the Consumer Cyclical sector. Over the past 5 years, DKNG returned -13.33%/yr vs -10.00%/yr for FLUT. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
DKNG vs. FLUT - Performance Comparison
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Returns By Period
In the year-to-date period, DKNG achieves a -31.17% return, which is significantly higher than FLUT's -52.51% return.
DKNG
- 1D
- -3.38%
- 1M
- -6.10%
- 6M
- -20.77%
- YTD
- -31.17%
- 1Y
- -48.15%
- 3Y*
- -9.29%
- 5Y*
- -13.33%
- 10Y*
- —
- ALL TIME*
- 2.36%
FLUT
- 1D
- -5.24%
- 1M
- -0.04%
- 6M
- -39.47%
- YTD
- -52.51%
- 1Y
- -66.41%
- 3Y*
- -19.98%
- 5Y*
- -10.00%
- 10Y*
- —
- ALL TIME*
- 1.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DKNG DraftKings Inc. | $267.10M | $265.80M | $318.91M |
| $223.80M | $221.09M | $285.56M |
DKNG vs. FLUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DKNG DraftKings Inc. | -31.17% | -7.37% | 5.53% | 209.48% | -58.54% | -41.00% | 127.19% |
FLUT Flutter Entertainment PLC | -52.51% | -16.80% | 44.39% | 32.84% | -14.44% | -23.51% | 85.08% |
Correlation
The correlation between DKNG and FLUT is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.70 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.38 |
Over the past year, DKNG and FLUT have become more correlated (0.70) than their long-term average of 0.38, meaning their price movements have been converging.
Fundamentals
DKNG:
$11.77B
FLUT:
$17.72B
DKNG:
$0.17
FLUT:
-$3.81
DKNG:
1.33
FLUT:
0.72
DKNG:
$6.29B
FLUT:
$17.02B
DKNG:
$2.63B
FLUT:
$7.53B
DKNG:
$319.39M
FLUT:
$1.32B
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Return for Risk
DKNG vs. FLUT — Risk / Return Rank
DKNG
FLUT
DKNG vs. FLUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DraftKings Inc. (DKNG) and Flutter Entertainment PLC (FLUT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DKNG | FLUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.67 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.95 | +0.10 |
| Martin ratioReturn relative to average drawdown | -1.23 | -1.36 | +0.13 |
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Drawdowns
DKNG vs. FLUT - Drawdown Comparison
The maximum DKNG drawdown since its inception was -85.73%, which is greater than FLUT's maximum drawdown of -70.06%. Use the drawdown chart below to compare losses from any high point for DKNG and FLUT.
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Drawdown Indicators
| DKNG | FLUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.73% | -70.06% | -15.67% |
Max Drawdown (1Y)Largest decline over 1 year | -57.04% | -70.06% | +13.02% |
Max Drawdown (3Y)Largest decline over 3 years | -61.26% | -70.06% | +8.80% |
Max Drawdown (5Y)Largest decline over 5 years | -83.87% | -70.06% | -13.81% |
Current DrawdownCurrent decline from peak | -67.05% | -66.91% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -49.27% | -24.49% | -24.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.27% | 48.77% | -9.50% |
Volatility
DKNG vs. FLUT - Volatility Comparison
The current volatility for DraftKings Inc. (DKNG) is 11.09%, while Flutter Entertainment PLC (FLUT) has a volatility of 11.80%. This indicates that DKNG experiences smaller price fluctuations and is considered to be less risky than FLUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DKNG | FLUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.09% | 11.80% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 38.99% | 36.29% | +2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.27% | 45.15% | +5.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.57% | 44.51% | +17.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.16% | 46.80% | +16.36% |
Dividends
DKNG vs. FLUT - Dividend Comparison
Neither DKNG nor FLUT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DKNG DraftKings Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLUT Flutter Entertainment PLC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.75% |
Financials
DKNG vs. FLUT - Financials Comparison
This section allows you to compare key financial metrics between DraftKings Inc. and Flutter Entertainment PLC. 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
DKNG vs. FLUT - Profitability Comparison
DKNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DraftKings Inc. reported a gross profit of 696.69M and revenue of 1.65B. Therefore, the gross margin over that period was 42.3%.
FLUT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Flutter Entertainment PLC reported a gross profit of 1.84B and revenue of 4.30B. Therefore, the gross margin over that period was 42.7%.
DKNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DraftKings Inc. reported an operating income of 5.85M and revenue of 1.65B, resulting in an operating margin of 0.4%.
FLUT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Flutter Entertainment PLC reported an operating income of 79.00M and revenue of 4.30B, resulting in an operating margin of 1.8%.
DKNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DraftKings Inc. reported a net income of 21.07M and revenue of 1.65B, resulting in a net margin of 1.3%.
FLUT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Flutter Entertainment PLC reported a net income of 218.00M and revenue of 4.30B, resulting in a net margin of 5.1%.
Frequently Asked Questions
DKNG and FLUT have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLUT has higher volatility (11.80%) compared to DKNG (11.09%). In terms of maximum drawdown, DKNG dropped -85.73% vs FLUT's -70.06%.
DKNG currently has the higher Sharpe Ratio (-0.97 vs -1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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