TWLO vs. ROKU
TWLO (Twilio Inc.) and ROKU (Roku, Inc.) are both stocks. Both are in the Communication Services sector — TWLO in Internet Content & Information, ROKU in Entertainment. Over the past 5 years, TWLO returned -7.54%/yr vs -18.31%/yr for ROKU. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
TWLO vs. ROKU - Performance Comparison
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Returns By Period
In the year-to-date period, TWLO achieves a 49.42% return, which is significantly higher than ROKU's 13.90% return.
TWLO
- 1D
- -5.95%
- 1M
- 5.37%
- YTD
- 49.42%
- 6M
- 63.33%
- 1Y
- 74.60%
- 3Y*
- 49.28%
- 5Y*
- -7.54%
- 10Y*
- —
ROKU
- 1D
- 1.07%
- 1M
- -4.60%
- YTD
- 13.90%
- 6M
- 21.50%
- 1Y
- 57.41%
- 3Y*
- 21.16%
- 5Y*
- -18.31%
- 10Y*
- —
TWLO vs. ROKU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWLO Twilio Inc. | 49.42% | 31.61% | 42.45% | 54.96% | -81.41% | -22.20% | 244.42% | 10.06% | 278.39% | -20.49% |
ROKU Roku, Inc. | 13.90% | 45.94% | -18.90% | 125.21% | -82.16% | -31.27% | 147.96% | 337.01% | -40.83% | 120.34% |
Correlation
The correlation between TWLO and ROKU is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2017 | 0.54 |
The correlation between TWLO and ROKU shifts across timeframes, from 0.43 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TWLO:
$33.53B
ROKU:
$18.66B
TWLO:
$0.66
ROKU:
$1.34
TWLO:
321.50
ROKU:
92.52
TWLO:
6.30
ROKU:
3.75
TWLO:
4.31
ROKU:
6.99
TWLO:
$5.30B
ROKU:
$4.97B
TWLO:
$2.59B
ROKU:
$2.19B
TWLO:
$304.06M
ROKU:
$280.30M
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Return for Risk
TWLO vs. ROKU — Risk / Return Rank
TWLO
ROKU
TWLO vs. ROKU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Twilio Inc. (TWLO) and Roku, Inc. (ROKU). 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.
| TWLO | ROKU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.24 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 2.08 | +0.39 |
| Martin ratioReturn relative to average drawdown | 5.64 | 5.91 | -0.27 |
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
| TWLO | ROKU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 1.30 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | -0.28 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.29 | +0.08 |
Drawdowns
TWLO vs. ROKU - Drawdown Comparison
The maximum TWLO drawdown since its inception was -90.36%, roughly equal to the maximum ROKU drawdown of -91.91%. Use the drawdown chart below to compare losses from any high point for TWLO and ROKU.
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Drawdown Indicators
| TWLO | ROKU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.36% | -91.91% | +1.55% |
Max Drawdown (1Y)Largest decline over 1 year | -30.34% | -27.69% | -2.65% |
Max Drawdown (3Y)Largest decline over 3 years | -45.17% | -51.65% | +6.48% |
Max Drawdown (5Y)Largest decline over 5 years | -89.57% | -91.91% | +2.34% |
Current DrawdownCurrent decline from peak | -52.08% | -74.23% | +22.15% |
Average DrawdownAverage peak-to-trough decline | -49.52% | -52.82% | +3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.27% | 9.74% | +3.53% |
Volatility
TWLO vs. ROKU - Volatility Comparison
Twilio Inc. (TWLO) has a higher volatility of 22.30% compared to Roku, Inc. (ROKU) at 9.01%. This indicates that TWLO's price experiences larger fluctuations and is considered to be riskier than ROKU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TWLO | ROKU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.30% | 9.01% | +13.29% |
Volatility (6M)Calculated over the trailing 6-month period | 43.19% | 31.22% | +11.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.55% | 44.52% | +16.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.36% | 66.61% | -7.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.77% | 73.37% | -12.60% |
Dividends
TWLO vs. ROKU - Dividend Comparison
Neither TWLO nor ROKU has paid dividends to shareholders.
Financials
TWLO vs. ROKU - Financials Comparison
This section allows you to compare key financial metrics between Twilio Inc. and Roku, 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
TWLO vs. ROKU - Profitability Comparison
TWLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Twilio Inc. reported a gross profit of 684.24M and revenue of 1.41B. Therefore, the gross margin over that period was 48.6%.
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%.
TWLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Twilio Inc. reported an operating income of 107.67M and revenue of 1.41B, resulting in an operating margin of 7.7%.
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%.
TWLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Twilio Inc. reported a net income of 90.14M and revenue of 1.41B, resulting in a net margin of 6.4%.
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%.
Frequently Asked Questions
TWLO and ROKU have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWLO has higher volatility (22.30%) compared to ROKU (9.01%). In terms of maximum drawdown, TWLO dropped -90.36% vs ROKU's -91.91%.
ROKU currently has the higher Sharpe Ratio (1.30 vs 1.24), 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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