ROKU vs. SNAP
ROKU (Roku, Inc.) and SNAP (Snap Inc.) are both stocks. Both are in the Communication Services sector — ROKU in Entertainment, SNAP in Internet Content & Information. Over the past 5 years, ROKU returned -16.17%/yr vs -39.35%/yr for SNAP. At a 0.46 correlation, their price movements are largely independent.
Performance
ROKU vs. SNAP - Performance Comparison
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Returns By Period
In the year-to-date period, ROKU achieves a 32.42% return, which is significantly higher than SNAP's -34.82% return.
ROKU
- 1D
- 20.08%
- 1M
- 14.31%
- YTD
- 32.42%
- 6M
- 33.67%
- 1Y
- 87.18%
- 3Y*
- 24.98%
- 5Y*
- -16.17%
- 10Y*
- —
SNAP
- 1D
- -1.31%
- 1M
- -6.24%
- YTD
- -34.82%
- 6M
- -28.04%
- 1Y
- -36.63%
- 3Y*
- -20.12%
- 5Y*
- -39.35%
- 10Y*
- —
ROKU vs. SNAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROKU Roku, Inc. | 32.42% | 45.94% | -18.90% | 125.21% | -82.16% | -31.27% | 147.96% | 337.01% | -40.83% | 228.14% |
SNAP Snap Inc. | -34.82% | -25.07% | -36.39% | 89.16% | -80.97% | -6.07% | 206.61% | 196.37% | -62.29% | 3.47% |
Correlation
The correlation between ROKU and SNAP is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2017 | 0.46 |
The correlation between ROKU and SNAP shifts across timeframes, from 0.40 (1 year) to 0.54 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ROKU:
$21.70B
SNAP:
$8.88B
ROKU:
$1.34
SNAP:
-$0.24
ROKU:
4.36
SNAP:
1.46
ROKU:
8.12
SNAP:
4.26
ROKU:
$4.97B
SNAP:
$6.10B
ROKU:
$2.19B
SNAP:
$3.40B
ROKU:
$280.30M
SNAP:
-$173.71M
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Return for Risk
ROKU vs. SNAP — Risk / Return Rank
ROKU
SNAP
ROKU vs. SNAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roku, Inc. (ROKU) and Snap Inc. (SNAP). 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.
| ROKU | SNAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.47 | ||
| Sortino ratioReturn per unit of downside risk | +3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.91 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | -0.59 | +3.76 |
| Martin ratioReturn relative to average drawdown | 8.94 | -1.06 | +10.00 |
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Drawdowns
ROKU vs. SNAP - Drawdown Comparison
The maximum ROKU drawdown since its inception was -91.91%, roughly equal to the maximum SNAP drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for ROKU and SNAP.
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Drawdown Indicators
| ROKU | SNAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.91% | -95.27% | +3.36% |
Max Drawdown (1Y)Largest decline over 1 year | -27.69% | -62.03% | +34.34% |
Max Drawdown (3Y)Largest decline over 3 years | -51.65% | -77.48% | +25.83% |
Max Drawdown (5Y)Largest decline over 5 years | -91.91% | -95.27% | +3.36% |
Current DrawdownCurrent decline from peak | -70.04% | -93.67% | +23.63% |
Average DrawdownAverage peak-to-trough decline | -52.83% | -60.04% | +7.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.79% | 34.45% | -24.66% |
Volatility
ROKU vs. SNAP - Volatility Comparison
Roku, Inc. (ROKU) has a higher volatility of 20.90% compared to Snap Inc. (SNAP) at 12.67%. This indicates that ROKU's price experiences larger fluctuations and is considered to be riskier than SNAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROKU | SNAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.90% | 12.67% | +8.23% |
Volatility (6M)Calculated over the trailing 6-month period | 35.81% | 41.17% | -5.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.88% | 55.41% | -6.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.21% | 75.96% | -8.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.45% | 71.73% | +3.72% |
Dividends
ROKU vs. SNAP - Dividend Comparison
Neither ROKU nor SNAP has paid dividends to shareholders.
Financials
ROKU vs. SNAP - Financials Comparison
This section allows you to compare key financial metrics between Roku, Inc. and Snap 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
ROKU vs. SNAP - Profitability Comparison
ROKU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Roku, Inc. reported a gross profit of 564.94M and revenue of 1.25B. Therefore, the gross margin over that period was 45.2%.
SNAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Snap Inc. reported a gross profit of 863.55M and revenue of 1.53B. Therefore, the gross margin over that period was 56.5%.
ROKU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Roku, Inc. reported an operating income of 51.77M and revenue of 1.25B, resulting in an operating margin of 4.2%.
SNAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Snap Inc. reported an operating income of -74.45M and revenue of 1.53B, resulting in an operating margin of -4.9%.
ROKU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Roku, Inc. reported a net income of 85.70M and revenue of 1.25B, resulting in a net margin of 6.9%.
SNAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Snap Inc. reported a net income of -88.95M and revenue of 1.53B, resulting in a net margin of -5.8%.
Frequently Asked Questions
ROKU and SNAP have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROKU has higher volatility (20.90%) compared to SNAP (12.67%). In terms of maximum drawdown, ROKU dropped -91.91% vs SNAP's -95.27%.
ROKU currently has the higher Sharpe Ratio (1.80 vs -0.66), 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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