FLUT vs. DKNG
FLUT (Flutter Entertainment PLC) and DKNG (DraftKings Inc.) are both stocks. Both operate in the Gambling industry within the Consumer Cyclical sector. Over the past 5 years, FLUT returned -11.75%/yr vs -12.98%/yr for DKNG. At a 0.37 correlation, their price movements are largely independent.
Performance
FLUT vs. DKNG - Performance Comparison
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Returns By Period
In the year-to-date period, FLUT achieves a -53.17% return, which is significantly lower than DKNG's -27.13% return.
FLUT
- 1D
- -1.26%
- 1M
- -3.59%
- YTD
- -53.17%
- 6M
- -52.45%
- 1Y
- -59.16%
- 3Y*
- -20.40%
- 5Y*
- -11.75%
- 10Y*
- —
DKNG
- 1D
- -0.75%
- 1M
- 6.53%
- YTD
- -27.13%
- 6M
- -27.32%
- 1Y
- -26.84%
- 3Y*
- 0.25%
- 5Y*
- -12.98%
- 10Y*
- —
FLUT vs. DKNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FLUT Flutter Entertainment PLC | -53.17% | -16.80% | 44.39% | 32.84% | -14.44% | -23.51% | 85.08% |
DKNG DraftKings Inc. | -27.13% | -7.37% | 5.53% | 209.48% | -58.54% | -41.00% | 140.62% |
Correlation
The correlation between FLUT and DKNG is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2020 | 0.37 |
Over the past year, FLUT and DKNG have become more correlated (0.67) than their long-term average of 0.37, meaning their price movements have been converging.
Fundamentals
FLUT:
-$3.39
DKNG:
$0.15
FLUT:
0.79
DKNG:
1.59
FLUT:
$17.02B
DKNG:
$6.29B
FLUT:
$7.53B
DKNG:
$2.63B
FLUT:
$1.32B
DKNG:
$319.39M
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Return for Risk
FLUT vs. DKNG — Risk / Return Rank
FLUT
DKNG
FLUT vs. DKNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flutter Entertainment PLC (FLUT) and DraftKings Inc. (DKNG). 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.
| FLUT | DKNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 0.93 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.47 | -0.37 |
| Martin ratioReturn relative to average drawdown | -1.43 | -0.78 | -0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLUT | DKNG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.38 | -0.57 | -0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | -0.21 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.07 | -0.04 |
Drawdowns
FLUT vs. DKNG - Drawdown Comparison
The maximum FLUT drawdown since its inception was -70.06%, smaller than the maximum DKNG drawdown of -85.73%. Use the drawdown chart below to compare losses from any high point for FLUT and DKNG.
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Drawdown Indicators
| FLUT | DKNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.06% | -85.73% | +15.67% |
Max Drawdown (1Y)Largest decline over 1 year | -70.06% | -57.04% | -13.02% |
Max Drawdown (3Y)Largest decline over 3 years | -70.06% | -61.26% | -8.80% |
Max Drawdown (5Y)Largest decline over 5 years | -70.06% | -83.87% | +13.81% |
Current DrawdownCurrent decline from peak | -67.37% | -65.12% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -23.62% | -48.91% | +25.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.33% | 34.67% | +6.66% |
Volatility
FLUT vs. DKNG - Volatility Comparison
Flutter Entertainment PLC (FLUT) and DraftKings Inc. (DKNG) have volatilities of 14.29% and 14.57%, 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.
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Volatility by Period
| FLUT | DKNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.29% | 14.57% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 33.53% | 35.19% | -1.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.89% | 47.01% | -4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.23% | 61.13% | -16.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.81% | 63.23% | -16.42% |
Dividends
FLUT vs. DKNG - Dividend Comparison
Neither FLUT nor DKNG 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
FLUT vs. DKNG - Financials Comparison
This section allows you to compare key financial metrics between Flutter Entertainment PLC and DraftKings 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
FLUT vs. DKNG - Profitability Comparison
FLUT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DraftKings Inc. reported an operating income of 5.85M and revenue of 1.65B, resulting in an operating margin of 0.4%.
FLUT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment PLC reported a net income of 218.00M and revenue of 4.30B, resulting in a net margin of 5.1%.
DKNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DraftKings Inc. reported a net income of 21.07M and revenue of 1.65B, resulting in a net margin of 1.3%.
Frequently Asked Questions
FLUT and DKNG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DKNG has higher volatility (14.57%) compared to FLUT (14.29%). In terms of maximum drawdown, FLUT dropped -70.06% vs DKNG's -85.73%.
DKNG currently has the higher Sharpe Ratio (-0.57 vs -1.38), 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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