AXTI vs. WDC
AXTI (AXT, Inc.) and WDC (Western Digital Corporation) are both stocks. Both are in the Technology sector — AXTI in Semiconductor Equipment & Materials, WDC in Computer Hardware. Over the past 10 years, AXTI returned 32.40%/yr vs 33.68%/yr for WDC. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
AXTI vs. WDC - Performance Comparison
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Returns By Period
In the year-to-date period, AXTI achieves a 269.60% return, which is significantly higher than WDC's 216.50% return. Both investments have delivered pretty close results over the past 10 years, with AXTI having a 32.40% annualized return and WDC not far ahead at 33.68%.
AXTI
- 1D
- 28.74%
- 1M
- 6.73%
- 6M
- 225.94%
- YTD
- 269.60%
- 1Y
- 3,047.40%
- 3Y*
- 169.71%
- 5Y*
- 42.74%
- 10Y*
- 32.40%
- ALL TIME*
- 6.40%
WDC
- 1D
- 2.21%
- 1M
- 1.08%
- 6M
- 117.90%
- YTD
- 216.50%
- 1Y
- 613.67%
- 3Y*
- 156.58%
- 5Y*
- 61.98%
- 10Y*
- 33.68%
- ALL TIME*
- 12.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AXTI AXT, Inc. | $521.22M | $514.43M | $822.68M |
| $3.73B | $3.88B | $4.67B |
AXTI vs. WDC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXTI AXT, Inc. | 269.60% | 653.46% | -9.58% | -45.21% | -50.28% | -7.94% | 120.00% | -0.00% | -50.00% | 81.25% |
WDC Western Digital Corporation | 216.50% | 283.68% | 13.86% | 65.99% | -51.62% | 17.73% | -10.89% | 77.14% | -51.90% | 19.83% |
Correlation
The correlation between AXTI and WDC is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.39 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.38 |
Correlation (All Time) Calculated using the full available price history since May 21, 1998 | 0.27 |
The correlation between AXTI and WDC shifts across timeframes, from 0.27 (all time) to 0.39 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AXTI:
$3.07B
WDC:
$187.80B
AXTI:
$0.08
WDC:
$25.88
AXTI:
750.99
WDC:
21.06
AXTI:
10.43
WDC:
0.49
AXTI:
24.26
WDC:
11.60
AXTI:
$125.51M
WDC:
$11.78B
AXTI:
$40.39M
WDC:
$5.35B
AXTI:
$17.91M
WDC:
$10.88B
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Return for Risk
AXTI vs. WDC — Risk / Return Rank
AXTI
WDC
AXTI vs. WDC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXT, Inc. (AXTI) and Western Digital Corporation (WDC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AXTI | WDC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +11.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.63 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 38.57 | 15.75 | +22.83 |
| Martin ratioReturn relative to average drawdown | 117.62 | 55.78 | +61.83 |
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Drawdowns
AXTI vs. WDC - Drawdown Comparison
The maximum AXTI drawdown since its inception was -98.57%, roughly equal to the maximum WDC drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for AXTI and WDC.
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Drawdown Indicators
| AXTI | WDC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.57% | -96.20% | -2.37% |
Max Drawdown (1Y)Largest decline over 1 year | -73.75% | -38.08% | -35.67% |
Max Drawdown (3Y)Largest decline over 3 years | -78.52% | -49.65% | -28.87% |
Max Drawdown (5Y)Largest decline over 5 years | -88.79% | -56.06% | -32.73% |
Max Drawdown (10Y)Largest decline over 10 years | -92.45% | -70.49% | -21.96% |
Current DrawdownCurrent decline from peak | -57.09% | -26.99% | -30.10% |
Average DrawdownAverage peak-to-trough decline | -82.15% | -51.97% | -30.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.14% | 10.76% | +13.38% |
Volatility
AXTI vs. WDC - Volatility Comparison
AXT, Inc. (AXTI) has a higher volatility of 57.24% compared to Western Digital Corporation (WDC) at 31.37%. This indicates that AXTI's price experiences larger fluctuations and is considered to be riskier than WDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXTI | WDC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 57.24% | 31.37% | +25.87% |
Volatility (6M)Calculated over the trailing 6-month period | 122.91% | 61.46% | +61.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 149.65% | 77.35% | +72.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 100.30% | 52.08% | +48.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.23% | 49.88% | +35.35% |
Dividends
AXTI vs. WDC - Dividend Comparison
AXTI has not paid dividends to shareholders, while WDC's dividend yield for the trailing twelve months is around 0.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXTI AXT, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WDC Western Digital Corporation | 0.09% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 1.81% | 2.36% | 5.41% | 2.51% | 2.94% | 3.33% |
Financials
AXTI vs. WDC - Financials Comparison
This section allows you to compare key financial metrics between AXT, Inc. and Western Digital Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AXTI vs. WDC - Profitability Comparison
AXTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AXT, Inc. reported a gross profit of 21.37M and revenue of 47.59M. Therefore, the gross margin over that period was 44.9%.
WDC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Western Digital Corporation reported a gross profit of 1.68B and revenue of 3.34B. Therefore, the gross margin over that period was 50.2%.
AXTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AXT, Inc. reported an operating income of 10.42M and revenue of 47.59M, resulting in an operating margin of 21.9%.
WDC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Western Digital Corporation reported an operating income of 1.14B and revenue of 3.34B, resulting in an operating margin of 34.0%.
AXTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AXT, Inc. reported a net income of 11.13M and revenue of 47.59M, resulting in a net margin of 23.4%.
WDC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Western Digital Corporation reported a net income of 3.21B and revenue of 3.34B, resulting in a net margin of 96.0%.
Frequently Asked Questions
AXTI and WDC have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXTI has higher volatility (57.24%) compared to WDC (31.37%). In terms of maximum drawdown, AXTI dropped -98.57% vs WDC's -96.20%.
AXTI currently has the higher Sharpe Ratio (19.01 vs 7.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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