AMD vs BST: Correlation
Measured on weekly returns over the past three years, Advanced Micro Devices (AMD) and BlackRock Science and Technology Trust (BST) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMD and BST?
Across a 3-year window, the weekly returns of AMD and BST correlate at 0.60, strong. Lately the two have drifted apart, with the 1-year correlation at 0.49 versus 0.60 over 3 years. Stretching to 5 years gives 0.61, with an annualized covariance of 736.5 %².
Within AMD's tracked universe of 33 assets, BST comes in at #7 by 3-year correlation. The last year tells two different stories: AMD led by 144.5 percentage points, +185.2% for AMD against +40.7% for BST. One caveat on sizing: AMD is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AMD vs BST: side by side
| AMD (Advanced Micro Devices) | BST (BlackRock Science and Technology Trust) | |
|---|---|---|
| 1-year return | +185.2% | +40.7% |
| 5-year return | +328.2% | +46.7% |
| Volatility (ann.) | 55.7% | 22.2% |
| Beta vs S&P 500 | 2.04 | 1.27 |
| Max drawdown (3Y) | -63.0% | -23.4% |
| Market cap | $778.2B | – |
| P/E (trailing) | 121.9 | 6.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AMD | BST |
|---|---|---|
| 2022 | -55.0% | -38.3% |
| 2023 | +127.6% | +30.1% |
| 2024 | -18.1% | +18.0% |
| 2025 | +77.3% | +23.7% |
| 2026 | +122.6% | +30.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMD and BST good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMD and BST?
As of 2026-08-27, the correlation of weekly returns between AMD and BST is 0.60 over 3 years, 0.49 over 1 year and 0.61 over 5 years.
Is BST a good diversifier for AMD?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
A reading of 0.60 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amd-vs-bst.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amd-vs-bst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMD correlations · BST correlations
