Roblox Corporation (RBLX) — Stock Correlations & Overview
Over the past year, RBLX has moved most closely with RBLU, RBLY, NERD. Explore the stocks most correlated and inversely correlated with RBLX below, along with its price, financials, and company profile.
Stocks correlated with RBLX
Correlation of daily returns. Higher positive values move with RBLX; negative values move opposite it. Informational only, not investment advice.
Most correlated with RBLX
| Symbol | Company | Correlation |
|---|---|---|
| RBLU | T-REX 2X Long RBLX Daily Target ETF | 0.99 |
| RBLY | YieldMax RBLX Option Income Strategy ETF | 0.97 |
| NERD | Roundhill Video Games ETF | 0.52 |
| METV | Roundhill Ball Metaverse ETF | 0.50 |
| OND | ProShares On-Demand ETF | 0.49 |
Most inversely correlated with RBLX
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.43 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.39 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.35 |
| FIAT | YieldMax Short COIN Option Income Strategy ETF | -0.33 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.32 |
Frequently asked questions about RBLX correlations
- Which stocks are most correlated with RBLX?
- Based on one year of daily returns, the stocks most correlated with Roblox Corporation (RBLX) are RBLU (0.99), RBLY (0.97) and NERD (0.52). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with RBLX?
- Over the past year, the stocks most inversely correlated with Roblox Corporation (RBLX) are SARK (-0.43), WEBS (-0.39) and CONI (-0.35). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these RBLX correlations calculated?
- We compute the correlation of daily returns between RBLX and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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