SATL vs. BKSY

Last updated Jun 3, 2026

SATL (Satellogic V Inc) and BKSY (BlackSky Technology Inc.) are both stocks. SATL operates in Aerospace & Defense (Industrials), while BKSY operates in Scientific & Technical Instruments (Technology). Over the past 5 years, SATL returned -2.18%/yr vs -11.23%/yr for BKSY. At a 0.25 correlation, their price movements are largely independent.

Performance

SATL vs. BKSY - Performance Comparison

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

Returns By Period

In the year-to-date period, SATL achieves a 364.17% return, which is significantly higher than BKSY's 134.19% return.

SATL

• 1D: 0.12%
• 1M: 20.89%
• YTD: 364.17%
• 6M: 456.41%
• 1Y: 133.96%
• 3Y*: 63.12%
• 5Y*: -2.18%
• 10Y*: —

BKSY

• 1D: 3.61%
• 1M: 23.52%
• YTD: 134.19%
• 6M: 158.75%
• 1Y: 291.35%
• 3Y*: 51.45%
• 5Y*: -11.23%
• 10Y*: —

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

SATL vs. BKSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SATL Satellogic V Inc	364.17%	-34.39%	62.86%	-42.62%	-68.56%	-2.02%
BKSY BlackSky Technology Inc.	134.19%	73.77%	-3.66%	-9.09%	-65.70%	-58.04%

Correlation

The correlation between SATL and BKSY is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Mar 29, 2021	0.25

Over the past year, SATL and BKSY have become more correlated (0.54) than their long-term average of 0.25, meaning their price movements have been converging.

Fundamentals

Market Cap SATL : $1.22B BKSY : $1.59B
EPS SATL : -$0.71 BKSY : -$2.51
PS Ratio SATL : 54.10 BKSY : 15.57
Total Revenue (TTM) SATL : $20.43M BKSY : $97.81M
Gross Profit (TTM) SATL : $7.65M BKSY : $23.99M
EBITDA (TTM) SATL : -$22.81M BKSY : -$13.55M

Return for Risk

SATL vs. BKSY — Risk / Return Rank

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

SATL

SATL Risk / Return Rank: 74
SATL Sharpe Ratio Rank: 74
SATL Sortino Ratio Rank: 77
SATL Omega Ratio Rank: 74
SATL Calmar Ratio Rank: 73
SATL Martin Ratio Rank: 72

BKSY

BKSY Risk / Return Rank: 88
BKSY Sharpe Ratio Rank: 93
BKSY Sortino Ratio Rank: 86
BKSY Omega Ratio Rank: 84
BKSY Calmar Ratio Rank: 91
BKSY Martin Ratio Rank: 88

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.

SATL vs. BKSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Satellogic V Inc (SATL) and BlackSky Technology Inc. (BKSY). 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.

	SATL	BKSY	Difference
Sharpe ratio Return per unit of total volatility	1.15	2.79	-1.64
Sortino ratio Return per unit of downside risk	2.15	2.83	-0.68
Omega ratio Gain probability vs. loss probability	1.26	1.35	-0.09
Calmar ratio Return relative to maximum drawdown	1.95	5.00	-3.05
Martin ratio Return relative to average drawdown	4.32	10.36	-6.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SATL vs. BKSY - Sharpe Ratio Comparison

The current SATL Sharpe Ratio is 1.15, which is lower than the BKSY Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of SATL and BKSY, 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

	SATL	BKSY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	2.79	-1.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	-0.11	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	-0.10	+0.07

Drawdowns

SATL vs. BKSY - Drawdown Comparison

The maximum SATL drawdown since its inception was -94.40%, roughly equal to the maximum BKSY drawdown of -96.61%. Use the drawdown chart below to compare losses from any high point for SATL and BKSY.

Drawdown Indicators

	SATL	BKSY	Difference
Max Drawdown Largest peak-to-trough decline	-94.40%	-96.61%	+2.21%
Max Drawdown (1Y) Largest decline over 1 year	-69.32%	-58.46%	-10.86%
Max Drawdown (3Y) Largest decline over 3 years	-73.21%	-77.14%	+3.93%
Max Drawdown (5Y) Largest decline over 5 years	-94.40%	-96.04%	+1.64%
Current Drawdown Current decline from peak	-29.60%	-63.38%	+33.78%
Average Drawdown Average peak-to-trough decline	-62.31%	-65.12%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.28%	28.23%	+3.05%

Volatility

SATL vs. BKSY - Volatility Comparison

The current volatility for Satellogic V Inc (SATL) is 35.14%, while BlackSky Technology Inc. (BKSY) has a volatility of 41.48%. This indicates that SATL experiences smaller price fluctuations and is considered to be less risky than BKSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SATL	BKSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.14%	41.48%	-6.34%
Volatility (6M) Calculated over the trailing 6-month period	95.89%	79.17%	+16.72%
Volatility (1Y) Calculated over the trailing 1-year period	117.19%	105.36%	+11.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.84%	98.60%	+7.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.97%	88.24%	+15.73%

Dividends

SATL vs. BKSY - Dividend Comparison

Neither SATL nor BKSY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SATL and BKSY in my portfolio?

SATL and BKSY have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SATL or BKSY?

BKSY has higher volatility (41.48%) compared to SATL (35.14%). In terms of maximum drawdown, SATL dropped -94.40% vs BKSY's -96.61%.

Which has better risk-adjusted returns?

BKSY currently has the higher Sharpe Ratio (2.79 vs 1.15), 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.