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ALK correlations (Alaska Air Group, Inc.)

Every correlation that matters for ALK: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
45.5%
3y weekly
Beta vs S&P 500
1.01
3y weekly
1-year return
-31.8%
price, adjusted
5-year return
-25.6%
price, adjusted
Market cap
$4.7B
latest
Max drawdown
-55.4%
3y, daily closes
-43%0%0%2025-09-052026-08-27
ALK over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ALK

AssetCorrelation (3Y)
JETSUS Global Jets ETF0.76
UALUnited Airlines Holdings0.71
DALDelta Air Lines0.70
AALAmerican Airlines Group, Inc.0.65
ALGTAllegiant Travel Company0.63

Best diversifiers for ALK

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ALK.

AssetCorrelation (3Y)
USOUnited States Oil Fund-0.38
EQNREquinor ASA-0.33
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.32

ALK vs benchmarks

ALK vs SPY 0.32 ALK vs QQQ 0.26

Get ALK data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/alk.json

Correlations, diversifiers, beta and volatility for ALK, plus one endpoint per pair. API documentation.

ALK inside major ETFs

ETFALK weight
MDYSPDR S&P MidCap 400 ETF0.13%