BNKK vs WPRT: Correlation
How closely do Bonk, Inc. (BNKK) and Westport Fuel Systems Inc (WPRT) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNKK and WPRT?
Across a 3-year window, the weekly returns of BNKK and WPRT correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Stretching to 5 years gives 0.26, with an annualized covariance of 2472.0 %².
Few assets follow BNKK as closely as WPRT, which ranks #2 of 10 tracked partners. The last year tells two different stories: WPRT led by 55.5 percentage points, -91.0% for BNKK against -35.5% for WPRT. Risk is not evenly split, since BNKK carries 2.5 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 WPRT: side by side
| BNKK (Bonk, Inc.) | WPRT (Westport Fuel Systems Inc) | |
|---|---|---|
| 1-year return | -91.0% | -35.5% |
| 5-year return | -97.8% | -95.2% |
| Volatility (ann.) | 129.2% | 51.7% |
| Beta vs S&P 500 | 1.49 | 1.44 |
| Max drawdown (3Y) | -99.5% | -80.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNKK | WPRT |
|---|---|---|
| 2022 | -13.5% | -67.5% |
| 2023 | +355.8% | -14.0% |
| 2024 | -79.5% | -45.9% |
| 2025 | -89.8% | -56.1% |
| 2026 | -48.8% | +17.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNKK and WPRT good diversifiers for each other?
Reasonably. At 0.37, BNKK and WPRT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BNKK and WPRT?
The BNKK/WPRT correlation stands at 0.37 on a 3-year window (1 year: 0.37, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is WPRT a good diversifier for BNKK?
Reasonably. At 0.37, BNKK and WPRT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bnkk-vs-wprt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bnkk-vs-wprt/)
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Related comparisons
Hubs: BNKK correlations · WPRT correlations
