BKTI vs WBTN: Correlation
Measured on weekly returns over the past three years, BK Technologies Corporation (BKTI) and WEBTOON Entertainment Inc. (WBTN) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKTI and WBTN?
On 3 years of weekly data the BKTI/WBTN correlation comes out at 0.48, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 2630.2 %².
Few assets follow BKTI as closely as WBTN, which ranks #2 of 15 tracked partners. The last year tells two different stories: BKTI led by 41.0 percentage points, +6.6% for BKTI against -34.4% for WBTN.
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 WBTN: side by side
| BKTI (BK Technologies Corporation) | WBTN (WEBTOON Entertainment Inc.) | |
|---|---|---|
| 1-year return | +6.6% | -34.4% |
| 5-year return | +394.9% | n/a |
| Volatility (ann.) | 62.4% | 80.5% |
| Beta vs S&P 500 | 0.84 | 1.69 |
| Max drawdown (3Y) | -32.8% | -70.6% |
| Market cap | $0.3B | $1.4B |
| P/E (trailing) | 22.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKTI | WBTN |
|---|---|---|
| 2022 | +44.6% | – |
| 2023 | -26.3% | – |
| 2024 | +180.4% | – |
| 2025 | +117.5% | -4.1% |
| 2026 | +0.7% | -23.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKTI and WBTN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BKTI and WBTN?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.40 over the last year and n/a over 5 years.
Is WBTN a good diversifier for BKTI?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bkti-vs-wbtn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bkti-vs-wbtn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BKTI correlations · WBTN correlations
