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LRCX vs STX: Correlation

Measured on weekly returns over the past three years, Lam Research (LRCX) and Seagate Technology (STX) carry a correlation of 0.58, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.58
moderate
Correlation (1Y)
0.61
last 12 months
Correlation (5Y)
0.58
long-run
Ann. covariance
1398.3
%² · weekly, annualized

How correlated are LRCX and STX?

Across a 3-year window, the weekly returns of LRCX and STX correlate at 0.58, moderate. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. Stretching to 5 years gives 0.58, with an annualized covariance of 1398.3 %².

Among the 36 assets we track against LRCX, STX ranks #23 by 3-year correlation. The last year tells two different stories: STX led by 201.8 percentage points, +209.0% for LRCX against +410.8% for STX. Across three years, the rolling one-year figure varied moderately, from 0.37 to 0.70.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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.

LRCX vs STX: side by side

LRCX (Lam Research)STX (Seagate Technology)
1-year return+209.0%+410.8%
5-year return+452.0%+1032.5%
Volatility (ann.)46.7%51.3%
Beta vs S&P 5002.031.97
Max drawdown (3Y)-47.1%-40.0%
Market cap$398.6B$192.0B
P/E (trailing)54.461.0
Dividend yield0.33%0.35%
Sector / categoryInformation TechnologyInformation Technology
Lower P/E: LRCX 54.4 vs 61.0Higher yield: STX 0.35% vs 0.33%Smaller drawdown: STX -40.0% vs -47.1%Higher 5y return: STX +1032.5% vs +452.0%
0%+473%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). LRCX · STX

Year-by-year returns

YearLRCXSTX
2022-40.7%-51.4%
2023+88.6%+69.1%
2024-6.8%+4.1%
2025+139.2%+225.3%
2026+86.5%+208.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LRCX and STX good diversifiers for each other?

Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between LRCX and STX?

As of 2026-08-27, the correlation of weekly returns between LRCX and STX is 0.58 over 3 years, 0.61 over 1 year and 0.58 over 5 years.

Is STX a good diversifier for LRCX?

Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.58 mean?

On the −1 to +1 scale, 0.58 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

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LRCX vs STX: 3-year weekly correlation 0.58LRCX vs STX0.58

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Hubs: LRCX correlations · STX correlations