PairBook
HomeBNKK › BNKK vs FLYX

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

Correlation (3Y)
-0.18
negative
Correlation (1Y)
-0.18
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-2393.3
%² · weekly, annualized

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 5001.490.67
Max drawdown (3Y)-99.5%-94.3%
Market cap$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: FLYX -94.3% vs -99.5%
-93%0%+51%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BNKK · FLYX

Year-by-year returns

YearBNKKFLYX
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bnkk-vs-flyx.json

BNKK vs FLYX: 3-year weekly correlation -0.18BNKK vs FLYX-0.18

Drop this badge in a README or notebook; it updates with the data:

[![BNKK vs FLYX correlation](https://www.pairbook.io/api/v1/badge/bnkk-vs-flyx.svg)](https://www.pairbook.io/pair/bnkk-vs-flyx/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: BNKK correlations · FLYX correlations