ADBE vs. MU
ADBE (Adobe Inc) and MU (Micron Technology, Inc.) are both stocks. Both are in the Technology sector — ADBE in Software - Infrastructure, MU in Semiconductors. Over the past 10 years, ADBE returned 7.77%/yr vs 57.52%/yr for MU. At a 0.36 correlation, their price movements are largely independent.
Performance
ADBE vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, ADBE achieves a -44.31% return, which is significantly lower than MU's 324.61% return. Over the past 10 years, ADBE has underperformed MU with an annualized return of 7.77%, while MU has yielded a comparatively higher 57.52% annualized return.
ADBE
- 1D
- -0.13%
- 1M
- -20.37%
- YTD
- -44.31%
- 6M
- -45.49%
- 1Y
- -48.29%
- 3Y*
- -26.19%
- 5Y*
- -19.44%
- 10Y*
- 7.77%
MU
- 1D
- 6.82%
- 1M
- 61.30%
- YTD
- 324.61%
- 6M
- 338.33%
- 1Y
- 882.43%
- 3Y*
- 165.88%
- 5Y*
- 73.49%
- 10Y*
- 57.52%
ADBE vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADBE Adobe Inc | -44.31% | -21.29% | -25.46% | 77.28% | -40.65% | 13.38% | 51.64% | 45.78% | 29.10% | 70.22% |
MU Micron Technology, Inc. | 324.61% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
Correlation
The correlation between ADBE and MU is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since May 16, 1989 | 0.36 |
The correlation between ADBE and MU shifts across timeframes, from -0.09 (1 year) to 0.38 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ADBE:
$78.35B
MU:
$1.38T
ADBE:
$17.42
MU:
$21.26
ADBE:
11.19
MU:
56.99
ADBE:
0.79
MU:
0.21
ADBE:
3.21
MU:
23.64
ADBE:
6.80
MU:
19.06
ADBE:
$25.20B
MU:
$58.12B
ADBE:
$22.46B
MU:
$33.96B
ADBE:
$9.68B
MU:
$25.99B
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Return for Risk
ADBE vs. MU — Risk / Return Rank
ADBE
MU
ADBE vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADBE) and Micron Technology, Inc. (MU). 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.
| ADBE | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -13.89 | ||
| Sortino ratioReturn per unit of downside risk | -8.67 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.82 | -1.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 29.44 | -30.41 |
| Martin ratioReturn relative to average drawdown | -1.93 | 111.67 | -113.60 |
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Drawdowns
ADBE vs. MU - Drawdown Comparison
The maximum ADBE drawdown since its inception was -79.89%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for ADBE and MU.
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Drawdown Indicators
| ADBE | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.89% | -98.25% | +18.36% |
Max Drawdown (1Y)Largest decline over 1 year | -50.29% | -30.28% | -20.01% |
Max Drawdown (3Y)Largest decline over 3 years | -69.30% | -57.63% | -11.67% |
Max Drawdown (5Y)Largest decline over 5 years | -71.69% | -57.63% | -14.06% |
Max Drawdown (10Y)Largest decline over 10 years | -71.69% | -57.63% | -14.06% |
Current DrawdownCurrent decline from peak | -71.69% | 0.00% | -71.69% |
Average DrawdownAverage peak-to-trough decline | -26.02% | -58.13% | +32.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.98% | 7.97% | +17.01% |
Volatility
ADBE vs. MU - Volatility Comparison
The current volatility for Adobe Inc (ADBE) is 15.97%, while Micron Technology, Inc. (MU) has a volatility of 33.47%. This indicates that ADBE experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADBE | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.97% | 33.47% | -17.50% |
Volatility (6M)Calculated over the trailing 6-month period | 29.35% | 58.69% | -29.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.77% | 71.47% | -36.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.59% | 53.67% | -17.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.47% | 50.30% | -15.83% |
Dividends
ADBE vs. MU - Dividend Comparison
ADBE has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ADBE Adobe Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.04% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Financials
ADBE vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Adobe Inc and Micron Technology, 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
ADBE vs. MU - Profitability Comparison
ADBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a gross profit of 5.90B and revenue of 6.62B. Therefore, the gross margin over that period was 89.2%.
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported a gross profit of 17.75B and revenue of 23.86B. Therefore, the gross margin over that period was 74.4%.
ADBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported an operating income of 2.24B and revenue of 6.62B, resulting in an operating margin of 33.8%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported an operating income of 16.13B and revenue of 23.86B, resulting in an operating margin of 67.6%.
ADBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a net income of 1.71B and revenue of 6.62B, resulting in a net margin of 25.9%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported a net income of 13.79B and revenue of 23.86B, resulting in a net margin of 57.8%.
Frequently Asked Questions
ADBE and MU have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (33.47%) compared to ADBE (15.97%). In terms of maximum drawdown, ADBE dropped -79.89% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (12.50 vs -1.40), 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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