MGNI vs. RBLX
MGNI (Magnite, Inc.) and RBLX (Roblox Corporation) are both stocks. Both are in the Communication Services sector — MGNI in Advertising Agencies, RBLX in Electronic Gaming & Multimedia. Over the past 5 years, MGNI returned -13.13%/yr vs -14.14%/yr for RBLX. At a 0.44 correlation, their price movements are largely independent.
Performance
MGNI vs. RBLX - Performance Comparison
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Returns By Period
In the year-to-date period, MGNI achieves a 0.12% return, which is significantly higher than RBLX's -46.55% return.
MGNI
- 1D
- 0.31%
- 1M
- 26.76%
- YTD
- 0.12%
- 6M
- -0.31%
- 1Y
- -4.97%
- 3Y*
- 6.24%
- 5Y*
- -13.13%
- 10Y*
- 1.65%
RBLX
- 1D
- -0.41%
- 1M
- 1.07%
- YTD
- -46.55%
- 6M
- -51.07%
- 1Y
- -55.43%
- 3Y*
- 2.45%
- 5Y*
- -14.14%
- 10Y*
- —
MGNI vs. RBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MGNI Magnite, Inc. | 0.12% | 1.95% | 70.45% | -11.80% | -39.49% | -59.68% |
RBLX Roblox Corporation | -46.55% | 40.04% | 26.55% | 60.65% | -72.41% | 59.94% |
Correlation
The correlation between MGNI and RBLX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2021 | 0.44 |
The correlation between MGNI and RBLX shifts across timeframes, from 0.27 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MGNI:
$2.41B
RBLX:
$30.82B
MGNI:
$1.05
RBLX:
-$1.57
MGNI:
3.39
RBLX:
5.71
MGNI:
2.62
RBLX:
71.35
MGNI:
$722.55M
RBLX:
$5.30B
MGNI:
$458.33M
RBLX:
$4.16B
MGNI:
$150.13M
RBLX:
-$944.43M
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Return for Risk
MGNI vs. RBLX — Risk / Return Rank
MGNI
RBLX
MGNI vs. RBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magnite, Inc. (MGNI) and Roblox Corporation (RBLX). 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.
| MGNI | RBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.83 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | -0.77 | +0.64 |
| Martin ratioReturn relative to average drawdown | -0.20 | -1.30 | +1.10 |
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Drawdowns
MGNI vs. RBLX - Drawdown Comparison
The maximum MGNI drawdown since its inception was -93.30%, which is greater than RBLX's maximum drawdown of -82.79%. Use the drawdown chart below to compare losses from any high point for MGNI and RBLX.
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Drawdown Indicators
| MGNI | RBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.30% | -82.79% | -10.51% |
Max Drawdown (1Y)Largest decline over 1 year | -57.77% | -70.82% | +13.05% |
Max Drawdown (3Y)Largest decline over 3 years | -57.95% | -70.82% | +12.87% |
Max Drawdown (5Y)Largest decline over 5 years | -84.35% | -82.79% | -1.56% |
Max Drawdown (10Y)Largest decline over 10 years | -90.65% | — | — |
Current DrawdownCurrent decline from peak | -73.71% | -69.41% | -4.30% |
Average DrawdownAverage peak-to-trough decline | -64.84% | -53.01% | -11.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.47% | 41.76% | -3.29% |
Volatility
MGNI vs. RBLX - Volatility Comparison
The current volatility for Magnite, Inc. (MGNI) is 15.85%, while Roblox Corporation (RBLX) has a volatility of 16.92%. This indicates that MGNI experiences smaller price fluctuations and is considered to be less risky than RBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGNI | RBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.85% | 16.92% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 41.24% | 47.88% | -6.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.37% | 59.45% | -2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.01% | 69.18% | +5.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.60% | 70.06% | +6.54% |
Dividends
MGNI vs. RBLX - Dividend Comparison
Neither MGNI nor RBLX has paid dividends to shareholders.
Financials
MGNI vs. RBLX - Financials Comparison
This section allows you to compare key financial metrics between Magnite, Inc. and Roblox Corporation. 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
MGNI vs. RBLX - Profitability Comparison
MGNI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported a gross profit of 103.96M and revenue of 164.37M. Therefore, the gross margin over that period was 63.3%.
RBLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Roblox Corporation reported a gross profit of 1.15B and revenue of 1.44B. Therefore, the gross margin over that period was 79.6%.
MGNI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported an operating income of 7.72M and revenue of 164.37M, resulting in an operating margin of 4.7%.
RBLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Roblox Corporation reported an operating income of -294.00M and revenue of 1.44B, resulting in an operating margin of -20.4%.
MGNI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported a net income of 4.41M and revenue of 164.37M, resulting in a net margin of 2.7%.
RBLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Roblox Corporation reported a net income of -246.00M and revenue of 1.44B, resulting in a net margin of -17.1%.
Frequently Asked Questions
MGNI and RBLX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RBLX has higher volatility (16.92%) compared to MGNI (15.85%). In terms of maximum drawdown, MGNI dropped -93.30% vs RBLX's -82.79%.
MGNI currently has the higher Sharpe Ratio (-0.14 vs -0.92), 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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