AMD vs STK: Correlation
How closely do Advanced Micro Devices (AMD) and Columbia Seligman Premium Technology Growth Fund Inc (STK) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMD and STK?
Over the past 3 years, AMD and STK moved with a correlation of 0.56, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.39 versus 0.56 over 3 years. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 820.2 %².
Among the 33 assets we track against AMD, STK ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AMD ahead by 108.4 points (+185.2% versus +76.8%). One caveat on sizing: AMD is 2.1 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 STK: side by side
| AMD (Advanced Micro Devices) | STK (Columbia Seligman Premium Technology Growth Fund Inc) | |
|---|---|---|
| 1-year return | +185.2% | +76.8% |
| 5-year return | +328.2% | +153.2% |
| Volatility (ann.) | 55.7% | 26.4% |
| Beta vs S&P 500 | 2.04 | 1.51 |
| Max drawdown (3Y) | -63.0% | -26.6% |
| Market cap | $778.2B | – |
| P/E (trailing) | 121.9 | 5.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AMD | STK |
|---|---|---|
| 2022 | -55.0% | -30.4% |
| 2023 | +127.6% | +49.2% |
| 2024 | -18.1% | +17.7% |
| 2025 | +77.3% | +24.9% |
| 2026 | +122.6% | +47.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMD and STK good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AMD and STK?
As of 2026-08-27, the correlation of weekly returns between AMD and STK is 0.56 over 3 years, 0.39 over 1 year and 0.61 over 5 years.
Is STK a good diversifier for AMD?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
A reading of 0.56 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-stk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/amd-vs-stk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMD correlations · STK correlations
