BETA vs. FLY

Last updated Jun 24, 2026

BETA (BETA Technologies, Inc) and FLY (Firefly Aerospace Inc) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. At a 0.34 correlation, their price movements are largely independent.

Performance

BETA vs. FLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BETA Technologies, Inc (BETA) and Firefly Aerospace Inc (FLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BETA achieves a -43.74% return, which is significantly lower than FLY's 21.64% return.

BETA

• 1D: 0.89%
• 1M: -5.31%
• YTD: -43.74%
• 6M: -49.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLY

• 1D: -6.04%
• 1M: -45.03%
• YTD: 21.64%
• 6M: 2.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BETA vs. FLY - Yearly Performance Comparison

	2026 (YTD)	2025
BETA BETA Technologies, Inc	-43.74%	-17.03%
FLY Firefly Aerospace Inc	21.64%	-5.93%

Correlation

The correlation between BETA and FLY is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.34

Fundamentals

Market Cap BETA : $3.66B FLY : $4.34B
EPS BETA : -$3.43 FLY : -$2.21
PS Ratio BETA : 96.00 FLY : 22.34
PB Ratio BETA : 2.12 FLY : 3.93
Total Revenue (TTM) BETA : $37.97M FLY : $184.88M
Gross Profit (TTM) BETA : $19.08M FLY : $40.11M
EBITDA (TTM) BETA : -$768.23M FLY : -$266.77M

Return for Risk

BETA vs. FLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BETA Technologies, Inc (BETA) and Firefly Aerospace Inc (FLY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BETA vs. FLY - Drawdown Comparison

The maximum BETA drawdown since its inception was -63.07%, smaller than the maximum FLY drawdown of -76.03%. Use the drawdown chart below to compare losses from any high point for BETA and FLY.

Drawdown Indicators

	BETA	FLY	Difference
Max Drawdown Largest peak-to-trough decline	-63.07%	-76.03%	+12.96%
Current Drawdown Current decline from peak	-56.88%	-61.13%	+4.25%
Average Drawdown Average peak-to-trough decline	-41.59%	-55.45%	+13.86%

Volatility

Volatility by Period

	BETA	FLY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	77.81%	115.44%	-37.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.81%	115.44%	-37.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.81%	115.44%	-37.63%

Dividends

BETA vs. FLY - Dividend Comparison

Neither BETA nor FLY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BETA and FLY in my portfolio?

BETA and FLY have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.