BNKK vs FLYX: Correlation
How closely do Bonk, Inc. (BNKK) and flyExclusive, Inc. (FLYX) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNKK and FLYX?
On 3 years of weekly data the BNKK/FLYX correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -2393.3 %².
Out of 10 assets tracked against BNKK, FLYX lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with FLYX ahead by 21.3 points (-91.0% versus -69.7%).
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.
BNKK vs FLYX: side by side
| BNKK (Bonk, Inc.) | FLYX (flyExclusive, Inc.) | |
|---|---|---|
| 1-year return | -91.0% | -69.7% |
| 5-year return | -97.8% | n/a |
| Volatility (ann.) | 129.2% | 110.3% |
| Beta vs S&P 500 | 1.49 | 0.67 |
| Max drawdown (3Y) | -99.5% | -94.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNKK | FLYX |
|---|---|---|
| 2022 | -13.5% | – |
| 2023 | +355.8% | – |
| 2024 | -79.5% | -42.7% |
| 2025 | -89.8% | +30.5% |
| 2026 | -48.8% | -68.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNKK and FLYX good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between BNKK and FLYX?
The BNKK/FLYX correlation stands at -0.18 on a 3-year window (1 year: -0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is FLYX a good diversifier for BNKK?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/bnkk-vs-flyx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bnkk-vs-flyx/)
The core API is free. Terms and every endpoint in the API documentation.
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Hubs: BNKK correlations · FLYX correlations