MKZR vs WDC: Correlation
How closely do MacKenzie Realty Capital, Inc. (MKZR) and Western Digital (WDC) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKZR and WDC?
On 3 years of weekly data the MKZR/WDC correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.26 over 3. The 5-year figure is n/a, and annualized covariance runs at -1568.2 %².
By 3-year correlation, WDC places #17 of the 23 assets tracked against MKZR. The last year tells two different stories: WDC led by 550.0 percentage points, -75.7% for MKZR against +474.3% for WDC. Note the risk asymmetry: MKZR runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MKZR vs WDC: side by side
| MKZR (MacKenzie Realty Capital, Inc.) | WDC (Western Digital) | |
|---|---|---|
| 1-year return | -75.7% | +474.3% |
| 5-year return | n/a | +889.2% |
| Volatility (ann.) | 91.6% | 58.0% |
| Beta vs S&P 500 | 0.74 | 2.15 |
| Max drawdown (3Y) | -97.8% | -49.6% |
| Market cap | – | $166.6B |
| P/E (trailing) | – | 17.4 |
| Dividend yield | 0.00% | 0.11% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | MKZR | WDC |
|---|---|---|
| 2022 | – | -51.6% |
| 2023 | – | +66.0% |
| 2024 | – | +13.9% |
| 2025 | -86.7% | +283.7% |
| 2026 | -63.1% | +168.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MKZR and WDC good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MKZR and WDC?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.33 over the last year and n/a over 5 years.
Is WDC a good diversifier for MKZR?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mkzr-vs-wdc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mkzr-vs-wdc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MKZR correlations · WDC correlations
