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Tax-loss replacement research
TKO
TKO Group Holdings
Communication ServicesEntertainmentMovies & Entertainment
11 stocks · 12 ETFs
data as of Aug 24, 2026
REPLACEMENT RESEARCH

Tax-loss harvesting alternatives for TKO

Among the 11 Movies & Entertainment peers screened, DIS (Walt Disney Co.) has tracked TKO most closely over the past year, with a return correlation of 0.33. The strongest fund stand-in is XLC (Communication Services SPDR) at 0.34 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

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STOCKS

Single-name peers

TickerNameSub-industry1Y3Y5Y10Y
DISWalt Disney Co.Movies & Entertainment0.330.230.270.29
MSGSMadison Square Garden Sports Corp.Movies & Entertainment0.310.290.260.31
LYVLive Nation EntertainmentMovies & Entertainment0.250.290.260.31
SPHRSphere EntertainmentMovies & Entertainment0.220.190.200.20
SPOTSpotify TechnologyMovies & Entertainment0.200.220.250.23
CNKCinemark Holdings, Inc.Movies & Entertainment0.190.120.180.23
NFLXNetflix Inc.Movies & Entertainment0.190.220.220.24
WMGWarner Music GroupMovies & Entertainment0.190.170.180.18
PSKYParamount SkydanceMovies & Entertainment0.170.110.170.21
WBDWarner Bros. DiscoveryMovies & Entertainment0.140.150.200.22
ROKURoku Inc.Movies & Entertainment0.110.190.210.20
ETFS

Fund stand-ins

An ETF is generally not 'substantially identical' to a single stock, which is why funds are the standard wash-sale-aware replacement.

TickerNameFocusMatch1Y3Y5Y10Y
XLCCommunication Services SPDRComm Services SectorSECTOR0.340.340.320.38
FCOMFidelity MSCI Communication ServicesComm Services SectorSECTOR0.290.330.330.36
VOXVanguard Communication ServicesComm Services SectorSECTOR0.290.330.330.37
ESPOVanEck Video Gaming & eSportsGaming & EsportsSUB-IND0.220.300.280.31
SOCLGlobal X Social Media ETFSocial MediaSUB-IND0.210.290.280.30
SPYSPDR S&P 500 ETFS&P 500BROAD0.210.310.320.38
IVViShares Core S&P 500S&P 500BROAD0.200.310.320.38
VOOVanguard S&P 500 ETFS&P 500BROAD0.200.310.320.38
HEROGlobal X Video Games & EsportsGaming & EsportsSUB-IND0.160.260.270.27
IYZiShares US Telecommunications ETFTelecomINDUSTRY0.120.230.270.34
QQQInvesco QQQ TrustNasdaq 100BROAD0.110.250.280.34
QQQMInvesco Nasdaq 100 ETFNasdaq 100BROAD0.110.250.28
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Method: Pearson correlation of daily closing-price returns, Yahoo Finance data, series aligned by trading day, refreshed weekly. A cell is blank when overlapping history covers less than 60% of its window. Correlation is descriptive, not predictive. Wash-sale treatment depends on facts and circumstances — confirm with a tax professional. Not investment advice.