SPIR vs. BKSY
SPIR (Spire Global, Inc.) and BKSY (BlackSky Technology Inc.) are both stocks. SPIR operates in Specialty Business Services (Industrials), while BKSY operates in Scientific & Technical Instruments (Technology). Over the past 5 years, SPIR returned -26.35%/yr vs -18.60%/yr for BKSY. At a 0.42 correlation, their price movements are largely independent.
Performance
SPIR vs. BKSY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPIR achieves a 130.27% return, which is significantly higher than BKSY's 52.21% return.
SPIR
- 1D
- -8.96%
- 1M
- -18.38%
- YTD
- 130.27%
- 6M
- 90.62%
- 1Y
- 73.74%
- 3Y*
- 67.27%
- 5Y*
- -26.35%
- 10Y*
- —
BKSY
- 1D
- -1.55%
- 1M
- -40.38%
- YTD
- 52.21%
- 6M
- 30.50%
- 1Y
- 100.70%
- 3Y*
- 22.73%
- 5Y*
- -18.60%
- 10Y*
- —
SPIR vs. BKSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPIR Spire Global, Inc. | 130.27% | -46.70% | 79.92% | 1.82% | -71.60% | -66.23% | 5.37% |
BKSY BlackSky Technology Inc. | 52.21% | 73.77% | -3.66% | -9.09% | -65.70% | -57.12% | 5.86% |
Correlation
The correlation between SPIR and BKSY is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2020 | 0.42 |
Over the past year, SPIR and BKSY have become more correlated (0.67) than their long-term average of 0.42, meaning their price movements have been converging.
Fundamentals
SPIR:
$574.57B
BKSY:
$1.03B
SPIR:
-$3.07
BKSY:
-$2.51
SPIR:
18.00
BKSY:
10.12
SPIR:
6.30
BKSY:
12.77
SPIR:
$15.88B
BKSY:
$97.81M
SPIR:
$6.33B
BKSY:
$23.99M
SPIR:
-$24.64B
BKSY:
-$13.55M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPIR vs. BKSY — Risk / Return Rank
SPIR
BKSY
SPIR vs. BKSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spire Global, Inc. (SPIR) 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.
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.
| SPIR | BKSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.73 | -0.25 |
| Martin ratioReturn relative to average drawdown | 2.90 | 3.44 | -0.53 |
Loading charts...
Drawdowns
SPIR vs. BKSY - Drawdown Comparison
The maximum SPIR drawdown since its inception was -97.74%, roughly equal to the maximum BKSY drawdown of -96.61%. Use the drawdown chart below to compare losses from any high point for SPIR and BKSY.
Loading charts...
Drawdown Indicators
| SPIR | BKSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.74% | -96.61% | -1.13% |
Max Drawdown (1Y)Largest decline over 1 year | -50.04% | -58.46% | +8.42% |
Max Drawdown (3Y)Largest decline over 3 years | -66.22% | -77.14% | +10.92% |
Max Drawdown (5Y)Largest decline over 5 years | -97.74% | -96.04% | -1.70% |
Current DrawdownCurrent decline from peak | -88.30% | -76.20% | -12.10% |
Average DrawdownAverage peak-to-trough decline | -77.97% | -65.14% | -12.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.51% | 29.42% | -3.91% |
Volatility
SPIR vs. BKSY - Volatility Comparison
Spire Global, Inc. (SPIR) has a higher volatility of 39.83% compared to BlackSky Technology Inc. (BKSY) at 33.70%. This indicates that SPIR's price experiences larger fluctuations and is considered to be riskier than BKSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPIR | BKSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.83% | 33.70% | +6.13% |
Volatility (6M)Calculated over the trailing 6-month period | 80.75% | 82.81% | -2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.70% | 107.74% | -4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.51% | 99.48% | -0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.96% | 88.58% | +4.38% |
Dividends
SPIR vs. BKSY - Dividend Comparison
Neither SPIR nor BKSY has paid dividends to shareholders.
Financials
SPIR vs. BKSY - Financials Comparison
This section allows you to compare key financial metrics between Spire Global, Inc. and BlackSky Technology 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
SPIR and BKSY have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPIR has higher volatility (39.83%) compared to BKSY (33.70%). In terms of maximum drawdown, SPIR dropped -97.74% vs BKSY's -96.61%.
BKSY currently has the higher Sharpe Ratio (0.94 vs 0.72), 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.
Find the right allocation for SPIR and BKSY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer