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BFLY correlations (Butterfly Network, Inc.)

Every correlation that matters for BFLY: 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.)

98.1%

3y weekly

Beta vs S&P 500

2.32

3y weekly

1-year return

+455.4%

price, adjusted

5-year return

-27.5%

price, adjusted

Market cap

$2.3B

latest

Max drawdown

-72.4%

3y, daily closes

BFLY over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with BFLY

Asset		Correlation (3Y)
SDGR	Schrodinger, Inc.	0.46
ARKK	ARK Innovation ETF	0.46
XBI	SPDR S&P Biotech ETF	0.46
W	Wayfair Inc.	0.44
GCV	Gabelli Convertible and Income Securities Fund, Inc. (The)	0.43

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

Asset		Correlation (3Y)
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.31
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.24
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.23

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/bfly.json

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

ETF		BFLY weight
IWM	iShares Russell 2000 ETF	0.06%