BKSY vs. LUNR

Last updated Jun 9, 2026

BKSY (BlackSky Technology Inc.) and LUNR (Intuitive Machines Inc. ) are both stocks. BKSY operates in Scientific & Technical Instruments (Technology), while LUNR operates in Aerospace & Defense (Industrials). Over the past 3 years, BKSY returned 35.56%/yr vs 50.12%/yr for LUNR. At a 0.32 correlation, their price movements are largely independent.

Performance

BKSY vs. LUNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackSky Technology Inc. (BKSY) and Intuitive Machines Inc. (LUNR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with BKSY having a 82.83% return and LUNR slightly higher at 83.21%.

BKSY

• 1D: -1.38%
• 1M: -13.11%
• YTD: 82.83%
• 6M: 87.53%
• 1Y: 165.74%
• 3Y*: 35.56%
• 5Y*: -15.57%
• 10Y*: —

LUNR

• 1D: 1.28%
• 1M: 2.64%
• YTD: 83.21%
• 6M: 155.67%
• 1Y: 153.93%
• 3Y*: 50.12%
• 5Y*: —
• 10Y*: —

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

BKSY vs. LUNR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BKSY BlackSky Technology Inc.	82.83%	73.77%	-3.66%	-9.09%	-65.70%	-53.18%
LUNR Intuitive Machines Inc.	83.21%	-10.63%	610.76%	-74.45%	3.73%	-0.10%

Correlation

The correlation between BKSY and LUNR is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021	0.32

Over the past year, BKSY and LUNR have become more correlated (0.64) than their long-term average of 0.32, meaning their price movements have been converging.

Fundamentals

Market Cap BKSY : $1.24B LUNR : $4.40T
EPS BKSY : -$2.51 LUNR : -$0.00
PS Ratio BKSY : 12.16 LUNR : 3.30K
Total Revenue (TTM) BKSY : $97.81M LUNR : $334.27M
Gross Profit (TTM) BKSY : $23.99M LUNR : $85.92M
EBITDA (TTM) BKSY : -$13.55M LUNR : -$96.76M

Return for Risk

BKSY vs. LUNR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKSY

BKSY Risk / Return Rank: 80
BKSY Sharpe Ratio Rank: 83
BKSY Sortino Ratio Rank: 80
BKSY Omega Ratio Rank: 77
BKSY Calmar Ratio Rank: 83
BKSY Martin Ratio Rank: 79

LUNR

LUNR Risk / Return Rank: 82
LUNR Sharpe Ratio Rank: 81
LUNR Sortino Ratio Rank: 81
LUNR Omega Ratio Rank: 77
LUNR Calmar Ratio Rank: 87
LUNR Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKSY vs. LUNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackSky Technology Inc. (BKSY) and Intuitive Machines Inc. (LUNR). 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.

	BKSY	LUNR	Difference
Sharpe ratio: Return per unit of total volatility	1.56	1.42	+0.14
Sortino ratio: Return per unit of downside risk	2.20	2.32	-0.11
Omega ratio: Gain probability vs. loss probability	1.27	1.27	0.00
Calmar ratio: Return relative to maximum drawdown	2.85	3.70	-0.85
Martin ratio: Return relative to average drawdown	5.85	7.75	-1.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKSY vs. LUNR - Sharpe Ratio Comparison

The current BKSY Sharpe Ratio is 1.56, which is comparable to the LUNR Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of BKSY and LUNR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BKSY	LUNR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	1.42	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	0.16	-0.30

Drawdowns

BKSY vs. LUNR - Drawdown Comparison

The maximum BKSY drawdown since its inception was -96.61%, roughly equal to the maximum LUNR drawdown of -97.43%. Use the drawdown chart below to compare losses from any high point for BKSY and LUNR.

Drawdown Indicators

	BKSY	LUNR	Difference
Max Drawdown Largest peak-to-trough decline	-96.61%	-97.43%	+0.82%
Max Drawdown (1Y) Largest decline over 1 year	-58.46%	-41.88%	-16.58%
Max Drawdown (3Y) Largest decline over 3 years	-77.14%	-78.54%	+1.40%
Max Drawdown (5Y) Largest decline over 5 years	-96.04%	—	—
Current Drawdown Current decline from peak	-71.41%	-63.73%	-7.68%
Average Drawdown Average peak-to-trough decline	-65.13%	-63.26%	-1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.47%	19.93%	+8.54%

Volatility

BKSY vs. LUNR - Volatility Comparison

The current volatility for BlackSky Technology Inc. (BKSY) is 38.98%, while Intuitive Machines Inc. (LUNR) has a volatility of 44.37%. This indicates that BKSY experiences smaller price fluctuations and is considered to be less risky than LUNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKSY	LUNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.98%	44.37%	-5.39%
Volatility (6M) Calculated over the trailing 6-month period	81.41%	90.79%	-9.38%
Volatility (1Y) Calculated over the trailing 1-year period	107.33%	109.27%	-1.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.01%	171.34%	-72.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.49%	171.34%	-82.85%

Dividends

BKSY vs. LUNR - Dividend Comparison

Neither BKSY nor LUNR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BKSY and LUNR in my portfolio?

BKSY and LUNR have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKSY or LUNR?

LUNR has higher volatility (44.37%) compared to BKSY (38.98%). In terms of maximum drawdown, BKSY dropped -96.61% vs LUNR's -97.43%.

Which has better risk-adjusted returns?

BKSY currently has the higher Sharpe Ratio (1.56 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.