RBLX vs. SPYI
RBLX (Roblox Corporation) is a stock, while SPYI (NEOS S&P 500 High Income ETF) is Derivative Income fund actively managed by Neos. Over the past 3 years, RBLX returned 2.69%/yr vs 16.41%/yr for SPYI. At a 0.41 correlation, their price movements are largely independent.
Performance
RBLX vs. SPYI - Performance Comparison
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Returns By Period
In the year-to-date period, RBLX achieves a -46.09% return, which is significantly lower than SPYI's 7.72% return.
RBLX
- 1D
- -2.93%
- 1M
- -8.18%
- YTD
- -46.09%
- 6M
- -52.57%
- 1Y
- -51.44%
- 3Y*
- 2.69%
- 5Y*
- -15.19%
- 10Y*
- —
SPYI
- 1D
- -0.50%
- 1M
- 3.71%
- YTD
- 7.72%
- 6M
- 8.37%
- 1Y
- 22.76%
- 3Y*
- 16.41%
- 5Y*
- —
- 10Y*
- —
RBLX vs. SPYI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RBLX Roblox Corporation | -46.09% | 40.04% | 26.55% | 60.65% | -27.08% |
SPYI NEOS S&P 500 High Income ETF | 7.72% | 16.67% | 19.03% | 18.09% | -2.44% |
Correlation
The correlation between RBLX and SPYI is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2022 | 0.41 |
The correlation between RBLX and SPYI shifts across timeframes, from 0.26 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RBLX vs. SPYI — Risk / Return Rank
RBLX
SPYI
RBLX vs. SPYI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roblox Corporation (RBLX) and NEOS S&P 500 High Income ETF (SPYI). 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.
| RBLX | SPYI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.25 | ||
| Sortino ratioReturn per unit of downside risk | -4.45 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.47 | -0.62 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 2.96 | -3.69 |
| Martin ratioReturn relative to average drawdown | -1.28 | 15.43 | -16.72 |
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
| RBLX | SPYI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.87 | 2.38 | -3.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 1.21 | -1.34 |
Drawdowns
RBLX vs. SPYI - Drawdown Comparison
The maximum RBLX drawdown since its inception was -82.79%, which is greater than SPYI's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for RBLX and SPYI.
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Drawdown Indicators
| RBLX | SPYI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.79% | -16.47% | -66.32% |
Max Drawdown (1Y)Largest decline over 1 year | -70.82% | -7.72% | -63.10% |
Max Drawdown (3Y)Largest decline over 3 years | -70.82% | -16.47% | -54.35% |
Max Drawdown (5Y)Largest decline over 5 years | -82.79% | — | — |
Current DrawdownCurrent decline from peak | -69.14% | -0.50% | -68.64% |
Average DrawdownAverage peak-to-trough decline | -52.96% | -1.80% | -51.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.11% | 1.48% | +38.63% |
Volatility
RBLX vs. SPYI - Volatility Comparison
Roblox Corporation (RBLX) has a higher volatility of 18.61% compared to NEOS S&P 500 High Income ETF (SPYI) at 1.82%. This indicates that RBLX's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RBLX | SPYI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.61% | 1.82% | +16.79% |
Volatility (6M)Calculated over the trailing 6-month period | 47.79% | 7.41% | +40.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.28% | 9.63% | +49.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.22% | 12.92% | +56.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.12% | 12.92% | +57.20% |
Dividends
RBLX vs. SPYI - Dividend Comparison
RBLX has not paid dividends to shareholders, while SPYI's dividend yield for the trailing twelve months is around 11.64%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
RBLX Roblox Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYI NEOS S&P 500 High Income ETF | 11.64% | 11.70% | 12.04% | 12.01% | 4.10% |
Frequently Asked Questions
RBLX and SPYI have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RBLX has higher volatility (18.61%) compared to SPYI (1.82%). In terms of maximum drawdown, RBLX dropped -82.79% vs SPYI's -16.47%.
SPYI currently has the higher Sharpe Ratio (2.38 vs -0.87), 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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