I Want To Use My External HDD On My Xbox One With My Windows PC However…

I am thinking of using my External HDD that is currently formatted for my Xbox One with my Windows PC. I know the steps of going on disk management and creating a new volume but I was also thinking of leaving my Xbox One games on the HDD whilst still being able to use my PC games and store new files etc. on the HDD. If possible I also want to know if I can download and install new Xbox One games on the HDD and still plug it back into my Windows PC with no issues and still continue normally

:)