Which stocks are most correlated with WDC?

Based on one year of daily returns, the stocks most correlated with Western Digital Corp. (WDC) are STX (0.88), FCUS (0.77) and AFOS (0.77). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with WDC?

Over the past year, the stocks most inversely correlated with Western Digital Corp. (WDC) are MUD (-0.70), SOXS (-0.70) and HIBS (-0.65). A negative correlation means the two stocks have tended to move in opposite directions.

Western Digital Corp. (WDC) — Stock Correlations & Overview

Over the past year, WDC has moved most closely with STX, FCUS, AFOS. Explore the stocks most correlated and inversely correlated with WDC below, along with its price, financials, and company profile.

Stocks correlated with WDC

Correlation of daily returns. Higher positive values move with WDC; negative values move opposite it. Informational only, not investment advice.

Most correlated with WDC

Symbol	Company	Correlation
STX	Seagate Technology Holdings PLC Ordinary Shares (Ireland)COMPUTER STORAGE DEVICES	0.88
FCUS	Pinnacle Focused Opportunities ETF	0.77
AFOS	ARS Focused Opportunity Strategy ETF	0.77
TCAI	Tortoise AI Infrastructure ETF	0.76
CVRT	Calamos Convertible Equity Alternative ETF	0.75

Most inversely correlated with WDC

Symbol	Company	Correlation
MUD	Direxion Shares ETF Trust Direxion Daily MU Bear 1X ETF	-0.70
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.70
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.65
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.64
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	-0.64

Frequently asked questions about WDC correlations

Which stocks are most correlated with WDC?: Based on one year of daily returns, the stocks most correlated with Western Digital Corp. (WDC) are STX (0.88), FCUS (0.77) and AFOS (0.77). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with WDC?: Over the past year, the stocks most inversely correlated with Western Digital Corp. (WDC) are MUD (-0.70), SOXS (-0.70) and HIBS (-0.65). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these WDC correlations calculated?: We compute the correlation of daily returns between WDC and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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