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FLY vs. VOYG
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

FLY vs. VOYG - Performance Comparison

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

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Returns By Period

In the year-to-date period, FLY achieves a 29.46% return, which is significantly lower than VOYG's 32.25% return.


FLY

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

VOYG

1D
-7.99%
1M
-22.56%
YTD
32.25%
6M
21.90%
1Y
-22.66%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLY vs. VOYG - Yearly Performance Comparison


2026 (YTD)2025
FLY
Firefly Aerospace Inc
29.46%-68.04%
VOYG
Voyager Technologies, Inc.
32.25%-26.18%

Correlation

The correlation between FLY and VOYG is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (All Time)
Calculated using the full available price history since Aug 7, 2025

0.62

Fundamentals

Market Cap

FLY:

$4.62B

VOYG:

$2.02B

EPS

FLY:

-$2.21

VOYG:

-$2.10

PS Ratio

FLY:

23.77

VOYG:

12.02

PB Ratio

FLY:

4.18

VOYG:

5.65

Total Revenue (TTM)

FLY:

$184.88M

VOYG:

$167.16M

Gross Profit (TTM)

FLY:

$40.11M

VOYG:

$14.21M

EBITDA (TTM)

FLY:

-$266.77M

VOYG:

-$109.58M

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Return for Risk

FLY vs. VOYG — Risk / Return Rank

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

FLY

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


VOYG
VOYG Risk / Return Rank: 3333
Overall Rank
VOYG Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
VOYG Sortino Ratio Rank: 3737
Sortino Ratio Rank
VOYG Omega Ratio Rank: 3737
Omega Ratio Rank
VOYG Calmar Ratio Rank: 3030
Calmar Ratio Rank
VOYG Martin Ratio Rank: 3131
Martin Ratio Rank
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.

FLY vs. VOYG - Risk-Adjusted Trends Comparison

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


FLYVOYGDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.03

Calmar ratioReturn relative to maximum drawdown

-0.36

Martin ratioReturn relative to average drawdown

-0.59

FLY vs. VOYG - Sharpe Ratio Comparison


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Drawdowns

FLY vs. VOYG - Drawdown Comparison

The maximum FLY drawdown since its inception was -76.03%, roughly equal to the maximum VOYG drawdown of -74.21%. Use the drawdown chart below to compare losses from any high point for FLY and VOYG.


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Drawdown Indicators


FLYVOYGDifference

Max Drawdown

Largest peak-to-trough decline

-76.03%

-74.21%

-1.82%

Max Drawdown (1Y)

Largest decline over 1 year

-63.25%

Current Drawdown

Current decline from peak

-58.63%

-50.44%

-8.19%

Average Drawdown

Average peak-to-trough decline

-55.43%

-53.98%

-1.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

38.17%

Volatility

FLY vs. VOYG - Volatility Comparison


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Volatility by Period


FLYVOYGDifference

Volatility (1M)

Calculated over the trailing 1-month period

35.91%

Volatility (6M)

Calculated over the trailing 6-month period

67.34%

Volatility (1Y)

Calculated over the trailing 1-year period

115.54%

90.71%

+24.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

115.54%

93.81%

+21.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

115.54%

93.81%

+21.73%

Dividends

FLY vs. VOYG - Dividend Comparison

Neither FLY nor VOYG has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

FLY vs. VOYG - Financials Comparison

This section allows you to compare key financial metrics between Firefly Aerospace Inc and Voyager Technologies, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0020.00M40.00M60.00M80.00MAprilJulyOctober2025AprilJulyOctober2026
80.88M
35.25M
(FLY) Total Revenue
(VOYG) Total Revenue
Values in USD except per share items

Frequently Asked Questions


FLY and VOYG have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for FLY and VOYG

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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