FLY vs. BETA

Last updated Jun 23, 2026

FLY (Firefly Aerospace Inc) and BETA (BETA Technologies, 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

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 29.46% return, which is significantly higher than BETA's -44.24% return.

FLY

• 1D: -6.43%
• 1M: -41.49%
• YTD: 29.46%
• 6M: 1.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BETA

• 1D: -2.30%
• 1M: -6.15%
• YTD: -44.24%
• 6M: -50.63%
• 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	29.46%	-5.93%
BETA BETA Technologies, Inc	-44.24%	-17.03%

Correlation

The correlation between FLY and BETA 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 FLY : $4.62B BETA : $3.63B
EPS FLY : -$2.21 BETA : -$3.43
PS Ratio FLY : 23.77 BETA : 95.16
PB Ratio FLY : 4.18 BETA : 2.10
Total Revenue (TTM) FLY : $184.88M BETA : $37.97M
Gross Profit (TTM) FLY : $40.11M BETA : $19.08M
EBITDA (TTM) FLY : -$266.77M BETA : -$768.23M

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.

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

FLY vs. BETA - Drawdown Comparison

The maximum FLY drawdown since its inception was -76.03%, 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	-76.03%	-63.07%	-12.96%
Current Drawdown Current decline from peak	-58.63%	-57.26%	-1.37%
Average Drawdown Average peak-to-trough decline	-55.43%	-41.49%	-13.94%

Volatility

Volatility by Period

	FLY	BETA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	115.54%	78.05%	+37.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	115.54%	78.05%	+37.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.54%	78.05%	+37.49%

Dividends

FLY vs. BETA - Dividend Comparison

Neither FLY nor BETA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both FLY and BETA in my portfolio?

FLY and BETA 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.