WDC vs. MDA.TO
WDC (Western Digital Corporation) and MDA.TO (MDA Space Ltd.) are both stocks. WDC operates in Computer Hardware (Technology), while MDA.TO operates in Aerospace & Defense (Industrials). Over the past 5 years, WDC returned 58.50%/yr vs 24.63%/yr for MDA.TO. At a 0.22 correlation, their price movements are largely independent.
Performance
WDC vs. MDA.TO - Performance Comparison
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Different Trading Currencies
WDC is traded in USD, while MDA.TO is traded in CAD. To make them comparable, the MDA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDC achieves a 227.01% return, which is significantly higher than MDA.TO's 91.70% return.
WDC
- 1D
- 6.35%
- 1M
- 13.96%
- YTD
- 227.01%
- 6M
- 219.46%
- 1Y
- 911.92%
- 3Y*
- 164.18%
- 5Y*
- 58.50%
- 10Y*
- 33.87%
MDA.TO
- 1D
- -8.83%
- 1M
- -2.69%
- YTD
- 91.70%
- 6M
- 102.89%
- 1Y
- 72.69%
- 3Y*
- 80.24%
- 5Y*
- 24.63%
- 10Y*
- —
WDC vs. MDA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WDC Western Digital Corporation | 227.01% | 283.68% | 13.86% | 65.99% | -51.62% | -10.45% |
MDA.TO MDA Space Ltd. | 91.70% | -5.47% | 136.33% | 84.39% | -36.65% | -33.73% |
Correlation
The correlation between WDC and MDA.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.22 |
Fundamentals
WDC:
$23.29
MDA.TO:
CA$0.81
WDC:
24.17
MDA.TO:
64.10
WDC:
0.56
MDA.TO:
0.26
WDC:
13.31
MDA.TO:
3.86
WDC:
$11.78B
MDA.TO:
CA$1.75B
WDC:
$5.35B
MDA.TO:
CA$366.40M
WDC:
$10.88B
MDA.TO:
CA$291.70M
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Return for Risk
WDC vs. MDA.TO — Risk / Return Rank
WDC
MDA.TO
WDC vs. MDA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Digital Corporation (WDC) and MDA Space Ltd. (MDA.TO). 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.
| WDC | MDA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +12.95 | ||
| Sortino ratioReturn per unit of downside risk | +5.23 | ||
| Omega ratioGain probability vs. loss probability | 1.95 | 1.24 | +0.71 |
| Calmar ratioReturn relative to maximum drawdown | 44.74 | 1.34 | +43.40 |
| Martin ratioReturn relative to average drawdown | 151.81 | 2.89 | +148.92 |
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Drawdowns
WDC vs. MDA.TO - Drawdown Comparison
The maximum WDC drawdown since its inception was -96.20%, which is greater than MDA.TO's maximum drawdown of -70.91%. Use the drawdown chart below to compare losses from any high point for WDC and MDA.TO.
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Drawdown Indicators
| WDC | MDA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.20% | -70.91% | -25.29% |
Max Drawdown (1Y)Largest decline over 1 year | -20.59% | -54.42% | +33.83% |
Max Drawdown (3Y)Largest decline over 3 years | -49.65% | -54.42% | +4.77% |
Max Drawdown (5Y)Largest decline over 5 years | -59.68% | -68.48% | +8.80% |
Max Drawdown (10Y)Largest decline over 10 years | -70.49% | — | — |
Current DrawdownCurrent decline from peak | -5.22% | -23.10% | +17.88% |
Average DrawdownAverage peak-to-trough decline | -52.07% | -32.40% | -19.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.06% | 25.24% | -19.18% |
Volatility
WDC vs. MDA.TO - Volatility Comparison
Western Digital Corporation (WDC) and MDA Space Ltd. (MDA.TO) have volatilities of 21.76% and 21.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDC | MDA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.76% | 21.82% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 53.55% | 45.86% | +7.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.47% | 65.22% | +0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.86% | 49.78% | -0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.62% | 49.81% | -1.19% |
Dividends
WDC vs. MDA.TO - Dividend Comparison
WDC's dividend yield for the trailing twelve months is around 0.09%, while MDA.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDA.TO MDA Space Ltd. | 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
WDC vs. MDA.TO - Financials Comparison
This section allows you to compare key financial metrics between Western Digital Corporation and MDA Space Ltd.. 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. MDA.TO - 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%.
MDA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a gross profit of 84.00M and revenue of 464.10M. Therefore, the gross margin over that period was 18.1%.
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%.
MDA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported an operating income of 32.30M and revenue of 464.10M, resulting in an operating margin of 7.0%.
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%.
MDA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a net income of 29.60M and revenue of 464.10M, resulting in a net margin of 6.4%.
Frequently Asked Questions
WDC and MDA.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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