MSGS vs. TKO

Last updated Apr 1, 2026

Compare and contrast key facts about Madison Square Garden Sports Corp. (MSGS) and TKO Group Holdings Inc. (TKO).

Performance

MSGS vs. TKO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Madison Square Garden Sports Corp. (MSGS) and TKO Group Holdings Inc. (TKO). The values are adjusted to include any dividend payments, if applicable.

MSGS vs. TKO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MSGS Madison Square Garden Sports Corp.	24.26%	14.61%	24.12%	3.87%
TKO TKO Group Holdings Inc.	-3.13%	48.92%	74.20%	-17.81%

Fundamentals

Market Cap MSGS : $7.79B TKO : $39.23B
EPS MSGS : -$0.69 TKO : $0.99
PS Ratio MSGS : 7.25 TKO : 8.42
Total Revenue (TTM) MSGS : $1.07B TKO : $4.74B
Gross Profit (TTM) MSGS : $277.75M TKO : -$2.03B
EBITDA (TTM) MSGS : $19.18M TKO : $1.18B

Returns By Period

In the year-to-date period, MSGS achieves a 24.26% return, which is significantly higher than TKO's -3.13% return.

MSGS

• 1D: 2.77%
• 1M: -3.09%
• YTD: 24.26%
• 6M: 41.59%
• 1Y: 65.06%
• 3Y*: 18.15%
• 5Y*: 12.95%
• 10Y*: 14.94%

TKO

• 1D: 3.19%
• 1M: -9.56%
• YTD: -3.13%
• 6M: 0.62%
• 1Y: 33.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MSGS vs. TKO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSGS

MSGS Risk / Return Rank: 93
MSGS Sharpe Ratio Rank: 92
MSGS Sortino Ratio Rank: 93
MSGS Omega Ratio Rank: 92
MSGS Calmar Ratio Rank: 95
MSGS Martin Ratio Rank: 93

TKO

TKO Risk / Return Rank: 75
TKO Sharpe Ratio Rank: 75
TKO Sortino Ratio Rank: 70
TKO Omega Ratio Rank: 69
TKO Calmar Ratio Rank: 81
TKO Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	MSGS	TKO	Difference
Sharpe ratio Return per unit of total volatility	2.13	1.02	+1.11
Sortino ratio Return per unit of downside risk	3.20	1.57	+1.63
Omega ratio Gain probability vs. loss probability	1.42	1.20	+0.22
Calmar ratio Return relative to maximum drawdown	5.47	2.30	+3.17
Martin ratio Return relative to average drawdown	13.99	5.54	+8.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSGS vs. TKO - Sharpe Ratio Comparison

The current MSGS Sharpe Ratio is 2.13, which is higher than the TKO Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of MSGS and TKO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MSGS	TKO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	1.02	+1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	1.00	-0.53

Correlation

The correlation between MSGS and TKO is 0.32, 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.

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 1.34%.

	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.	1.34%	1.10%	0.00%	4.73%	0.00%	0.00%	0.00%

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.

Drawdown Indicators

	MSGS	TKO	Difference
Max Drawdown Largest peak-to-trough decline	-41.57%	-28.35%	-13.22%
Max Drawdown (1Y) Largest decline over 1 year	-11.86%	-15.92%	+4.06%
Max Drawdown (5Y) Largest decline over 5 years	-31.96%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.57%	—	—
Current Drawdown Current decline from peak	-5.96%	-10.00%	+4.04%
Average Drawdown Average peak-to-trough decline	-10.72%	-8.33%	-2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.63%	6.60%	-1.97%

Volatility

MSGS vs. TKO - Volatility Comparison

The current volatility for Madison Square Garden Sports Corp. (MSGS) is 5.91%, while TKO Group Holdings Inc. (TKO) has a volatility of 10.75%. 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.

Volatility by Period

	MSGS	TKO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	10.75%	-4.84%
Volatility (6M) Calculated over the trailing 6-month period	23.67%	22.24%	+1.43%
Volatility (1Y) Calculated over the trailing 1-year period	30.69%	33.43%	-2.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.21%	33.23%	-8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.38%	33.23%	-1.85%

Financials