ONON vs DKNG
Comparison between On Holding AG Class A (ONON, Company) and DraftKings Inc - Class A (DKNG, Company).
Both ONON and DKNG are from the Consumer Cyclical sector.
5-Year PerformanceONON has outperformed DKNG, delivering a return of +2.2% compared to -11.3%
ONON vs DKNG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ONON vs DKNG - Historical Returns
Returns include dividend reinvestment.
ONON vs DKNG - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | ONON | DKNG |
|---|---|---|
| 2026 | -17.19% | -26.00% |
| 2025 | -16.06% | -5.04% |
| 2024 | +104.67% | +10.78% |
| 2023 | +58.00% | +219.00% |
| 2022 | -55.64% | -58.98% |
| 2021 | +8.03% | -38.77% |
| 2020 | N/A | +335.96% |
| 2019 | N/A | +9.18% |
ONON vs DKNG Drawdown Comparison
The maximum drawdown for ONON was -68.90%, occurring on Oct 10, 2022. Recovery took 717 trading sessions.
The maximum drawdown for DKNG was -85.73%, occurring on May 11, 2022. This drawdown has not yet recovered.
The current ONON drawdown is -38.89%. The current DKNG drawdown is -63.34%.
| Rank | ONON | DKNG |
|---|---|---|
| #1 | -68.90% Nov 17, 2021 - Sep 26, 2024 | -85.73% Mar 19, 2021 - May 11, 2022 |
| #2 | -49.89% Jan 30, 2025 - Mar 30, 2026 | -44.50% Oct 2, 2020 - Feb 5, 2021 |
| #3 | -25.31% Sep 17, 2021 - Nov 5, 2021 | -40.24% Mar 4, 2020 - Apr 24, 2020 |
| #4 | -10.53% Oct 8, 2024 - Nov 11, 2024 | -32.49% Jun 1, 2020 - Sep 14, 2020 |
| #5 | -8.46% Dec 3, 2024 - Jan 21, 2025 | -13.39% Mar 1, 2021 - Mar 10, 2021 |
| #6 | -7.04% Nov 5, 2021 - Nov 16, 2021 | -12.70% Feb 12, 2020 - Mar 4, 2020 |
| #7 | -4.58% Sep 26, 2024 - Oct 4, 2024 | -9.75% Jan 28, 2020 - Feb 10, 2020 |
| #8 | -3.49% Nov 14, 2024 - Nov 19, 2024 | -9.51% Sep 18, 2020 - Sep 28, 2020 |
| #9 | -2.53% Oct 4, 2024 - Oct 8, 2024 | -9.49% Feb 5, 2021 - Mar 1, 2021 |
| #10 | -2.32% Jan 21, 2025 - Jan 23, 2025 | -6.56% Apr 27, 2020 - May 1, 2020 |
| #11 | -0.97% Nov 25, 2024 - Dec 2, 2024 | -6.43% Mar 12, 2021 - Mar 19, 2021 |
| #12 | -0.91% Jan 23, 2025 - Jan 28, 2025 | -3.84% May 20, 2020 - May 26, 2020 |
| #13 | -0.17% Nov 11, 2024 - Nov 14, 2024 | -3.76% May 12, 2020 - May 15, 2020 |
| #14 | N/A | -3.63% Jan 10, 2020 - Jan 15, 2020 |
| #15 | N/A | -2.02% Sep 28, 2020 - Sep 30, 2020 |
Correlation
Correlation between ONON and DKNG is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.
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