MSGS vs. TKO
MSGS (Madison Square Garden Sports Corp.) and TKO (TKO Group Holdings Inc.) are both stocks. Both operate in the Entertainment industry within the Communication Services sector. Over the past year, MSGS returned 97.28% vs 11.49% for TKO. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
MSGS vs. TKO - Performance Comparison
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Returns By Period
In the year-to-date period, MSGS achieves a 52.21% return, which is significantly higher than TKO's -12.32% return.
MSGS
- 1D
- -2.81%
- 1M
- -0.37%
- 6M
- 38.84%
- YTD
- 52.21%
- 1Y
- 97.28%
- 3Y*
- 23.51%
- 5Y*
- 20.42%
- 10Y*
- 16.17%
- ALL TIME*
- 16.57%
TKO
- 1D
- -1.09%
- 1M
- -6.49%
- 6M
- -9.54%
- YTD
- -12.32%
- 1Y
- 11.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $58.43M | $66.06M | $92.90M | |
| $153.48M | $196.47M | $274.30M |
MSGS vs. TKO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MSGS Madison Square Garden Sports Corp. | 52.21% | 14.61% | 24.12% | 5.81% |
TKO TKO Group Holdings Inc. | -12.32% | 48.92% | 74.20% | -16.96% |
Correlation
The correlation between MSGS and TKO is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2023 | 0.33 |
Fundamentals
MSGS:
$9.48B
TKO:
$13.63B
MSGS:
-$0.07
TKO:
$1.96
MSGS:
8.82
TKO:
7.04
MSGS:
$1.08B
TKO:
$5.06B
MSGS:
$48.32M
TKO:
$1.75B
MSGS:
-$41.02M
TKO:
$1.33B
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Return for Risk
MSGS vs. TKO — Risk / Return Rank
MSGS
TKO
MSGS vs. TKO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Square Garden Sports Corp. (MSGS) and TKO Group Holdings Inc. (TKO). 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.
| MSGS | TKO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.87 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.08 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 9.46 | 0.51 | +8.95 |
| Martin ratioReturn relative to average drawdown | 23.79 | 0.99 | +22.80 |
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Drawdowns
MSGS vs. TKO - Drawdown Comparison
The maximum MSGS drawdown since its inception was -41.57%, which is greater than TKO's maximum drawdown of -28.35%. Use the drawdown chart below to compare losses from any high point for MSGS and TKO.
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Drawdown Indicators
| MSGS | TKO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.57% | -28.35% | -13.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.08% | -19.61% | +9.53% |
Max Drawdown (3Y)Largest decline over 3 years | -25.54% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.96% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.57% | — | — |
Current DrawdownCurrent decline from peak | -2.81% | -18.54% | +15.73% |
Average DrawdownAverage peak-to-trough decline | -10.46% | -8.96% | -1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 10.02% | -6.02% |
Volatility
MSGS vs. TKO - Volatility Comparison
The current volatility for Madison Square Garden Sports Corp. (MSGS) is 5.94%, while TKO Group Holdings Inc. (TKO) has a volatility of 6.85%. This indicates that MSGS experiences smaller price fluctuations and is considered to be less risky than TKO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSGS | TKO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 6.85% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 23.75% | 24.34% | -0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.76% | 33.00% | -3.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.55% | 33.07% | -7.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.52% | 33.07% | -1.55% |
Dividends
MSGS vs. TKO - Dividend Comparison
MSGS has not paid dividends to shareholders, while TKO's dividend yield for the trailing twelve months is around 1.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
MSGS Madison Square Garden Sports Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 3.82% | 0.00% | 36.97% |
TKO TKO Group Holdings Inc. | 1.71% | 1.10% | 0.00% | 4.73% | 0.00% | 0.00% | 0.00% |
Financials
MSGS vs. TKO - Financials Comparison
This section allows you to compare key financial metrics between Madison Square Garden Sports Corp. and TKO Group Holdings 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
MSGS vs. TKO - Profitability Comparison
MSGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Madison Square Garden Sports Corp. reported a gross profit of -121.61M and revenue of 432.20M. Therefore, the gross margin over that period was -28.1%.
TKO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, TKO Group Holdings Inc. reported a gross profit of 0.00 and revenue of 1.60B. Therefore, the gross margin over that period was 0.0%.
MSGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Madison Square Garden Sports Corp. reported an operating income of 1.96M and revenue of 432.20M, resulting in an operating margin of 0.5%.
TKO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, TKO Group Holdings Inc. reported an operating income of 338.50M and revenue of 1.60B, resulting in an operating margin of 21.2%.
MSGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Madison Square Garden Sports Corp. reported a net income of 555.00K and revenue of 432.20M, resulting in a net margin of 0.1%.
TKO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, TKO Group Holdings Inc. reported a net income of 248.20M and revenue of 1.60B, resulting in a net margin of 15.5%.
Frequently Asked Questions
MSGS and TKO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TKO has higher volatility (6.85%) compared to MSGS (5.94%). In terms of maximum drawdown, MSGS dropped -41.57% vs TKO's -28.35%.
MSGS currently has the higher Sharpe Ratio (3.20 vs 0.30), 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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