MU vs STX: Correlation
How closely do Micron Technology (MU) and Seagate Technology (STX) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MU and STX?
Across a 3-year window, the weekly returns of MU and STX correlate at 0.61, strong. Little has changed lately, as the 1-year reading of 0.59 lands near the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 1975.0 %².
Among the 32 assets we track against MU, STX ranks #16 by 3-year correlation. The last year tells two different stories: MU led by 284.9 percentage points, +695.7% for MU against +410.8% for STX. The rolling one-year correlation stayed in a tight band between 0.49 and 0.72 over the past three years, which points to a structural rather than episodic relationship.
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.
MU vs STX: side by side
| MU (Micron Technology) | STX (Seagate Technology) | |
|---|---|---|
| 1-year return | +695.7% | +410.8% |
| 5-year return | +1211.2% | +1032.5% |
| Volatility (ann.) | 63.3% | 51.3% |
| Beta vs S&P 500 | 2.47 | 1.97 |
| Max drawdown (3Y) | -57.6% | -40.0% |
| Market cap | – | $192.0B |
| P/E (trailing) | 21.2 | 61.0 |
| Dividend yield | 0.06% | 0.35% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | MU | STX |
|---|---|---|
| 2022 | -45.9% | -51.4% |
| 2023 | +71.9% | +69.1% |
| 2024 | -1.0% | +4.1% |
| 2025 | +240.2% | +225.3% |
| 2026 | +227.9% | +208.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MU and STX good diversifiers for each other?
Only partially. A correlation of 0.61 means MU and STX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MU and STX?
As of 2026-08-27, the correlation of weekly returns between MU and STX is 0.61 over 3 years, 0.59 over 1 year and 0.62 over 5 years.
Is STX a good diversifier for MU?
Only partially. A correlation of 0.61 means MU and STX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 mean?
On the −1 to +1 scale, 0.61 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/mu-vs-stx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mu-vs-stx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MU correlations · STX correlations
