BKKT vs SYM: Correlation
How closely do Bakkt, Inc. (BKKT) and Symbotic Inc. (SYM) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKKT and SYM?
On 3 years of weekly data the BKKT/SYM correlation comes out at 0.45, moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.45 over 3. The 5-year figure is 0.22, and annualized covariance runs at 6693.3 %².
By 3-year correlation, SYM places #5 of the 11 assets tracked against BKKT. The trailing year gives BKKT the advantage: -2.2% versus -13.8%, a 11.6-point spread. One caveat on sizing: BKKT is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BKKT vs SYM: side by side
| BKKT (Bakkt, Inc.) | SYM (Symbotic Inc.) | |
|---|---|---|
| 1-year return | -2.2% | -13.8% |
| 5-year return | -96.6% | +324.6% |
| Volatility (ann.) | 172.9% | 86.6% |
| Beta vs S&P 500 | 3.19 | 2.49 |
| Max drawdown (3Y) | -89.4% | -69.9% |
| Market cap | $0.4B | $24.9B |
| P/E (trailing) | – | 1028.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKKT | SYM |
|---|---|---|
| 2022 | -86.0% | +19.4% |
| 2023 | +87.4% | +329.9% |
| 2024 | -55.6% | -53.8% |
| 2025 | -59.5% | +150.9% |
| 2026 | -16.1% | -30.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKKT and SYM good diversifiers for each other?
Reasonably. At 0.45, BKKT and SYM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BKKT and SYM?
As of 2026-08-27, the correlation of weekly returns between BKKT and SYM is 0.45 over 3 years, 0.36 over 1 year and 0.22 over 5 years.
Is SYM a good diversifier for BKKT?
Reasonably. At 0.45, BKKT and SYM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bkkt-vs-sym.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bkkt-vs-sym/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BKKT correlations · SYM correlations
