WDC vs. LHX
WDC (Western Digital Corporation) and LHX (L3Harris Technologies, Inc.) are both stocks. WDC operates in Computer Hardware (Technology), while LHX operates in Aerospace & Defense (Industrials). Over the past 10 years, WDC returned 32.86%/yr vs 16.23%/yr for LHX. At a 0.28 correlation, their price movements are largely independent.
Performance
WDC vs. LHX - Performance Comparison
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Returns By Period
In the year-to-date period, WDC achieves a 206.10% return, which is significantly higher than LHX's 3.68% return. Over the past 10 years, WDC has outperformed LHX with an annualized return of 32.86%, while LHX has yielded a comparatively lower 16.23% annualized return.
WDC
- 1D
- 2.97%
- 1M
- 9.81%
- YTD
- 206.10%
- 6M
- 210.59%
- 1Y
- 852.85%
- 3Y*
- 160.14%
- 5Y*
- 56.39%
- 10Y*
- 32.86%
LHX
- 1D
- -1.86%
- 1M
- 1.23%
- YTD
- 3.68%
- 6M
- 8.07%
- 1Y
- 25.68%
- 3Y*
- 19.34%
- 5Y*
- 8.93%
- 10Y*
- 16.23%
WDC vs. LHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDC Western Digital Corporation | 206.10% | 283.68% | 13.86% | 65.99% | -51.62% | 17.73% | -10.89% | 77.14% | -51.90% | 19.83% |
LHX L3Harris Technologies, Inc. | 3.68% | 42.28% | 1.88% | 3.67% | -0.48% | 14.98% | -2.76% | 49.21% | -3.38% | 40.80% |
Correlation
The correlation between WDC and LHX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1987 | 0.28 |
Over the past year, the correlation between WDC and LHX has dropped to 0.03 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
WDC:
$23.29
LHX:
$12.29
WDC:
22.63
LHX:
24.58
WDC:
0.53
LHX:
12.60
WDC:
12.46
LHX:
1.89
WDC:
$11.78B
LHX:
$22.48B
WDC:
$5.35B
LHX:
$5.50B
WDC:
$10.88B
LHX:
$3.32B
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Return for Risk
WDC vs. LHX — Risk / Return Rank
WDC
LHX
WDC vs. LHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Digital Corporation (WDC) and L3Harris Technologies, Inc. (LHX). 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.
| WDC | LHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +12.27 | ||
| Sortino ratioReturn per unit of downside risk | +5.20 | ||
| Omega ratioGain probability vs. loss probability | 1.94 | 1.19 | +0.75 |
| Calmar ratioReturn relative to maximum drawdown | 41.84 | 1.25 | +40.58 |
| Martin ratioReturn relative to average drawdown | 146.77 | 3.41 | +143.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WDC | LHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 13.33 | 1.06 | +12.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.17 | 0.38 | +0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.64 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.32 | -0.12 |
Drawdowns
WDC vs. LHX - Drawdown Comparison
The maximum WDC drawdown since its inception was -96.20%, which is greater than LHX's maximum drawdown of -69.82%. Use the drawdown chart below to compare losses from any high point for WDC and LHX.
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Drawdown Indicators
| WDC | LHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.20% | -69.82% | -26.38% |
Max Drawdown (1Y)Largest decline over 1 year | -20.59% | -20.55% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -49.65% | -25.98% | -23.67% |
Max Drawdown (5Y)Largest decline over 5 years | -59.68% | -38.16% | -21.52% |
Max Drawdown (10Y)Largest decline over 10 years | -70.49% | -38.16% | -32.33% |
Current DrawdownCurrent decline from peak | -11.28% | -19.58% | +8.30% |
Average DrawdownAverage peak-to-trough decline | -52.09% | -21.33% | -30.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.86% | 7.56% | -1.70% |
Volatility
WDC vs. LHX - Volatility Comparison
Western Digital Corporation (WDC) has a higher volatility of 20.86% compared to L3Harris Technologies, Inc. (LHX) at 6.66%. This indicates that WDC's price experiences larger fluctuations and is considered to be riskier than LHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDC | LHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.86% | 6.66% | +14.20% |
Volatility (6M)Calculated over the trailing 6-month period | 52.91% | 19.74% | +33.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.74% | 24.33% | +40.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.62% | 23.91% | +24.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.52% | 25.42% | +23.10% |
Dividends
WDC vs. LHX - Dividend Comparison
WDC's dividend yield for the trailing twelve months is around 0.09%, less than LHX's 1.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 1.62% | 1.64% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% |
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
WDC vs. LHX - Financials Comparison
This section allows you to compare key financial metrics between Western Digital Corporation and L3Harris Technologies, Inc.. 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
WDC vs. LHX - Profitability Comparison
WDC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
LHX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported a gross profit of 1.40B and revenue of 5.74B. Therefore, the gross margin over that period was 24.4%.
WDC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Western Digital Corporation reported an operating income of 1.14B and revenue of 3.34B, resulting in an operating margin of 34.0%.
LHX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported an operating income of 652.00M and revenue of 5.74B, resulting in an operating margin of 11.4%.
WDC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Western Digital Corporation reported a net income of 3.21B and revenue of 3.34B, resulting in a net margin of 96.0%.
LHX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported a net income of 512.00M and revenue of 5.74B, resulting in a net margin of 8.9%.
Frequently Asked Questions
WDC and LHX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDC has higher volatility (20.86%) compared to LHX (6.66%). In terms of maximum drawdown, WDC dropped -96.20% vs LHX's -69.82%.
WDC currently has the higher Sharpe Ratio (13.33 vs 1.06), 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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