TKO vs. ENPH
TKO (TKO Group Holdings Inc.) and ENPH (Enphase Energy, Inc.) are both stocks. TKO operates in Entertainment (Communication Services), while ENPH operates in Solar (Technology). Over the past year, TKO returned 26.15% vs 19.71% for ENPH. At a 0.12 correlation, their price movements are largely independent.
Performance
TKO vs. ENPH - Performance Comparison
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Returns By Period
In the year-to-date period, TKO achieves a -2.31% return, which is significantly lower than ENPH's 70.33% return.
TKO
- 1D
- -4.84%
- 1M
- 6.99%
- YTD
- -2.31%
- 6M
- -1.67%
- 1Y
- 26.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENPH
- 1D
- -0.62%
- 1M
- 3.21%
- YTD
- 70.33%
- 6M
- 69.64%
- 1Y
- 19.71%
- 3Y*
- -32.77%
- 5Y*
- -17.99%
- 10Y*
- 39.19%
TKO vs. ENPH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TKO TKO Group Holdings Inc. | -2.31% | 48.92% | 74.20% | -16.96% |
ENPH Enphase Energy, Inc. | 70.33% | -53.33% | -48.02% | 8.14% |
Correlation
The correlation between TKO and ENPH is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2023 | 0.12 |
Fundamentals
TKO:
$39.58B
ENPH:
$7.17B
TKO:
$1.96
ENPH:
$0.92
TKO:
103.94
ENPH:
59.58
TKO:
0.22
ENPH:
1.36
TKO:
7.91
ENPH:
5.20
TKO:
11.72
ENPH:
6.50
TKO:
$5.06B
ENPH:
$1.40B
TKO:
$1.75B
ENPH:
$619.16M
TKO:
$1.33B
ENPH:
$189.48M
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Return for Risk
TKO vs. ENPH — Risk / Return Rank
TKO
ENPH
TKO vs. ENPH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TKO Group Holdings Inc. (TKO) and Enphase Energy, Inc. (ENPH). 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.
| TKO | ENPH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 0.52 | +0.90 |
| Martin ratioReturn relative to average drawdown | 2.93 | 0.92 | +2.01 |
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Drawdowns
TKO vs. ENPH - Drawdown Comparison
The maximum TKO drawdown since its inception was -28.35%, smaller than the maximum ENPH drawdown of -95.97%. Use the drawdown chart below to compare losses from any high point for TKO and ENPH.
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Drawdown Indicators
| TKO | ENPH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.35% | -95.97% | +67.62% |
Max Drawdown (1Y)Largest decline over 1 year | -18.28% | -43.13% | +24.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -86.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -92.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.23% | — |
Current DrawdownCurrent decline from peak | -9.24% | -83.75% | +74.51% |
Average DrawdownAverage peak-to-trough decline | -8.72% | -50.57% | +41.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.83% | 24.10% | -15.27% |
Volatility
TKO vs. ENPH - Volatility Comparison
The current volatility for TKO Group Holdings Inc. (TKO) is 11.94%, while Enphase Energy, Inc. (ENPH) has a volatility of 40.41%. This indicates that TKO experiences smaller price fluctuations and is considered to be less risky than ENPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TKO | ENPH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.94% | 40.41% | -28.47% |
Volatility (6M)Calculated over the trailing 6-month period | 23.56% | 66.31% | -42.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.16% | 86.85% | -54.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.11% | 70.23% | -37.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.11% | 78.26% | -45.15% |
Dividends
TKO vs. ENPH - Dividend Comparison
TKO's dividend yield for the trailing twelve months is around 1.33%, while ENPH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ENPH Enphase Energy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
TKO TKO Group Holdings Inc. | 1.14% | 1.10% | 0.00% | 4.73% |
Financials
TKO vs. ENPH - Financials Comparison
This section allows you to compare key financial metrics between TKO Group Holdings Inc. and Enphase Energy, 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
TKO vs. ENPH - Profitability Comparison
TKO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
ENPH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enphase Energy, Inc. reported a gross profit of 100.39M and revenue of 282.90M. Therefore, the gross margin over that period was 35.5%.
TKO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
ENPH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enphase Energy, Inc. reported an operating income of -29.64M and revenue of 282.90M, resulting in an operating margin of -10.5%.
TKO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
ENPH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enphase Energy, Inc. reported a net income of -20.31M and revenue of 282.90M, resulting in a net margin of -7.2%.
Frequently Asked Questions
TKO and ENPH have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENPH has higher volatility (40.41%) compared to TKO (11.94%). In terms of maximum drawdown, TKO dropped -28.35% vs ENPH's -95.97%.
TKO currently has the higher Sharpe Ratio (0.81 vs 0.26), 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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