WBD correlations (Warner Bros. Discovery)
Every correlation that matters for WBD: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Communication Services · Broadcasting
Volatility (ann.)
54.7%
3y weekly
Beta vs S&P 500
1.19
3y weekly
1-year return
+137.7%
price, adjusted
5-year return
+3.7%
price, adjusted
Market cap
$72.4B
latest
Max drawdown
-48.9%
3y, daily closes
WBD over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with WBD
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ORBS | Eightco Holdings Inc. | 0.60 | |
| WLDS | Wearable Devices Ltd. | 0.56 | |
| PSKY | Paramount Skydance Corporation | 0.51 | |
| IBEX | IBEX Limited - Common Share | 0.47 | |
| AIRE | reAlpha Tech Corp. | 0.46 | |
| CWD | CaliberCos Inc. | 0.44 | |
| BX | Blackstone Inc. | 0.43 | |
| ZION | Zions Bancorporation N.A. | 0.43 | |
| USB | U.S. Bancorp | 0.43 | |
| FDBC | Fidelity D & D Bancorp, Inc. | 0.43 | |
| JRS | Nuveen Real Estate Income Fund | 0.42 | |
| TSBK | Timberland Bancorp, Inc. | 0.42 | |
| BWFG | Bankwell Financial Group, Inc. | 0.42 | |
| HBAN | Huntington Bancshares | 0.42 | |
| HAFC | Hanmi Financial Corporation | 0.42 |
Best diversifiers for WBD
If the goal is offsetting WBD, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.34 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.33 | |
| VELO | Velo3D, Inc. | -0.16 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.15 | |
| SNPS | Synopsys | -0.13 | |
| BHM | Bluerock Homes Trust, Inc. | -0.13 | |
| RECT | Rectitude Holdings Ltd | -0.12 | |
| TCRT | Alaunos Therapeutics, Inc. | -0.12 | |
| CTOR | Citius Oncology, Inc. | -0.12 | |
| TARS | Tarsus Pharmaceuticals, Inc. | -0.12 |
WBD vs benchmarks
WBD vs its peers
Get WBD data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/wbd.jsonCorrelations, diversifiers, beta and volatility for WBD, plus one endpoint per pair. API documentation.
WBD inside major ETFs
| ETF | WBD weight | |
|---|---|---|
| XLC | Communication Services Select Sector SPDR Fund | 4.65% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.34% |
| QQQ | Invesco QQQ Trust | 0.32% |
| QQQM | Invesco Nasdaq 100 ETF | 0.32% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.23% |
| VTV | Vanguard Value ETF | 0.23% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.2% |
| IVV | iShares Core S&P 500 ETF | 0.11% |
| SPY | SPDR S&P 500 ETF Trust | 0.11% |
| VOO | Vanguard S&P 500 ETF | 0.1% |
