BNKK vs HL: Correlation
Bonk, Inc. (BNKK) and Hecla Mining Company (HL) 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 BNKK and HL?
Across a 3-year window, the weekly returns of BNKK and HL correlate at 0.34, moderate. The past 12 months show a tighter link (0.50) than the 3-year average (0.34). Stretching to 5 years gives 0.24, with an annualized covariance of 2971.8 %².
Among the 10 assets we track against BNKK, HL ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with HL ahead by 258.1 points (-91.0% versus +167.1%). Risk is not evenly split, since BNKK carries 1.9 times the volatility of the other side.
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 HL: side by side
| BNKK (Bonk, Inc.) | HL (Hecla Mining Company) | |
|---|---|---|
| 1-year return | -91.0% | +167.1% |
| 5-year return | -97.8% | +265.0% |
| Volatility (ann.) | 129.2% | 66.9% |
| Beta vs S&P 500 | 1.49 | 1.50 |
| Max drawdown (3Y) | -99.5% | -55.8% |
| Market cap | – | $14.4B |
| P/E (trailing) | – | 24.9 |
| Dividend yield | 0.00% | 0.07% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNKK | HL |
|---|---|---|
| 2022 | -13.5% | +7.0% |
| 2023 | +355.8% | -13.0% |
| 2024 | -79.5% | +2.8% |
| 2025 | -89.8% | +291.8% |
| 2026 | -48.8% | +11.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNKK and HL 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 BNKK and HL?
The BNKK/HL correlation stands at 0.34 on a 3-year window (1 year: 0.50, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is HL a good diversifier for BNKK?
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?
On the −1 to +1 scale, 0.34 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-hl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bnkk-vs-hl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BNKK correlations · HL correlations
