FLY vs. BETA

Last updated Apr 5, 2026

Compare and contrast key facts about Firefly Aerospace Inc (FLY) and BETA Technologies, Inc (BETA).

Performance

FLY vs. BETA - Performance Comparison

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

Returns By Period

In the year-to-date period, FLY achieves a 47.21% return, which is significantly higher than BETA's -45.30% return.

FLY

• 1D: 10.65%
• 1M: 61.58%
• YTD: 47.21%
• 6M: 20.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BETA

• 1D: 2.25%
• 1M: -19.84%
• YTD: -45.30%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLY vs. BETA - Yearly Performance Comparison

	2026 (YTD)	2025
FLY Firefly Aerospace Inc	47.21%	-2.10%
BETA BETA Technologies, Inc	-45.30%	-21.64%

Correlation

The correlation between FLY and BETA is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners. Combining low-correlation assets is one of the most reliable ways to reduce portfolio risk without sacrificing expected returns.

Fundamentals

Market Cap FLY : $5.13B BETA : $3.54B
EPS FLY : -$2.00 BETA : -$3.26
PS Ratio FLY : 30.72 BETA : 99.27
PB Ratio FLY : 4.31 BETA : 1.95
Total Revenue (TTM) FLY : $159.86M BETA : $35.62M
Gross Profit (TTM) FLY : $24.87M BETA : $22.86M
EBITDA (TTM) FLY : -$222.03M BETA : -$703.56M

Return for Risk

FLY vs. BETA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Firefly Aerospace Inc (FLY) and BETA Technologies, Inc (BETA). 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.

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

Sharpe Ratios by Period

	FLY	BETA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.55	-1.08	+0.54

Drawdowns

FLY vs. BETA - Drawdown Comparison

The maximum FLY drawdown since its inception was -72.20%, which is greater than BETA's maximum drawdown of -63.07%. Use the drawdown chart below to compare losses from any high point for FLY and BETA.

Drawdown Indicators

	FLY	BETA	Difference
Max Drawdown Largest peak-to-trough decline	-72.20%	-63.07%	-9.13%
Current Drawdown Current decline from peak	-45.43%	-58.07%	+12.64%
Average Drawdown Average peak-to-trough decline	-52.75%	-35.01%	-17.74%

Volatility

Volatility by Period

	FLY	BETA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	110.65%	81.24%	+29.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	110.65%	81.24%	+29.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	110.65%	81.24%	+29.41%

Dividends

FLY vs. BETA - Dividend Comparison

Neither FLY nor BETA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials