BKTI vs CIX: Correlation
BK Technologies Corporation (BKTI) and CompX International Inc. (CIX) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKTI and CIX?
Over the past 3 years, BKTI and CIX moved with a correlation of 0.34, which is moderate. The link has loosened recently: the 1-year correlation (0.02) runs below the 3-year figure (0.34). Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 1255.4 %².
By 3-year correlation, CIX places #6 of the 15 assets tracked against BKTI. Correlation aside, the last 12 months split them widely, with CIX ahead by 25.1 points (+6.6% versus +31.7%).
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.
BKTI vs CIX: side by side
| BKTI (BK Technologies Corporation) | CIX (CompX International Inc.) | |
|---|---|---|
| 1-year return | +6.6% | +31.7% |
| 5-year return | +394.9% | +117.2% |
| Volatility (ann.) | 62.4% | 59.7% |
| Beta vs S&P 500 | 0.84 | 0.98 |
| Max drawdown (3Y) | -32.8% | -43.9% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | 22.1 | 18.0 |
| Dividend yield | 0.00% | 3.75% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKTI | CIX |
|---|---|---|
| 2022 | +44.6% | -8.0% |
| 2023 | -26.3% | +43.6% |
| 2024 | +180.4% | +14.7% |
| 2025 | +117.5% | -3.2% |
| 2026 | +0.7% | +40.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKTI and CIX good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BKTI and CIX?
The BKTI/CIX correlation stands at 0.34 on a 3-year window (1 year: 0.02, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is CIX a good diversifier for BKTI?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 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.
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Hubs: BKTI correlations · CIX correlations
