ADPT vs. MU
ADPT (Adaptive Biotechnologies Corporation) and MU (Micron Technology, Inc.) are both stocks. ADPT operates in Biotechnology (Healthcare), while MU operates in Semiconductors (Technology). Over the past 5 years, ADPT returned -15.62%/yr vs 68.00%/yr for MU. At a 0.27 correlation, their price movements are largely independent.
Performance
ADPT vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, ADPT achieves a 6.10% return, which is significantly lower than MU's 268.67% return.
ADPT
- 1D
- -0.81%
- 1M
- 24.14%
- YTD
- 6.10%
- 6M
- 2.87%
- 1Y
- 63.16%
- 3Y*
- 35.41%
- 5Y*
- -15.62%
- 10Y*
- —
MU
- 1D
- -13.18%
- 1M
- 40.05%
- YTD
- 268.67%
- 6M
- 281.02%
- 1Y
- 763.60%
- 3Y*
- 153.65%
- 5Y*
- 68.00%
- 10Y*
- 55.31%
ADPT vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ADPT Adaptive Biotechnologies Corporation | 6.10% | 170.89% | 22.35% | -35.86% | -72.77% | -52.55% | 97.63% | -24.23% |
MU Micron Technology, Inc. | 268.67% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 45.19% |
Correlation
The correlation between ADPT and MU is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2019 | 0.27 |
The correlation between ADPT and MU shifts across timeframes, from 0.15 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ADPT:
$2.68B
MU:
$1.20T
ADPT:
-$0.32
MU:
$21.26
ADPT:
9.10
MU:
20.53
ADPT:
12.39
MU:
16.55
ADPT:
$295.41M
MU:
$58.12B
ADPT:
$222.32M
MU:
$33.96B
ADPT:
-$26.86M
MU:
$25.99B
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Return for Risk
ADPT vs. MU — Risk / Return Rank
ADPT
MU
ADPT vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adaptive Biotechnologies Corporation (ADPT) 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.
| ADPT | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.67 | ||
| Sortino ratioReturn per unit of downside risk | -4.16 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.75 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 25.47 | -23.85 |
| Martin ratioReturn relative to average drawdown | 3.22 | 96.07 | -92.85 |
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Drawdowns
ADPT vs. MU - Drawdown Comparison
The maximum ADPT drawdown since its inception was -96.55%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for ADPT and MU.
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Drawdown Indicators
| ADPT | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.55% | -98.25% | +1.70% |
Max Drawdown (1Y)Largest decline over 1 year | -39.35% | -30.28% | -9.07% |
Max Drawdown (3Y)Largest decline over 3 years | -72.33% | -57.63% | -14.70% |
Max Drawdown (5Y)Largest decline over 5 years | -94.49% | -57.63% | -36.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -74.56% | -13.18% | -61.38% |
Average DrawdownAverage peak-to-trough decline | -67.50% | -58.13% | -9.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.65% | 8.01% | +11.64% |
Volatility
ADPT vs. MU - Volatility Comparison
The current volatility for Adaptive Biotechnologies Corporation (ADPT) is 22.28%, while Micron Technology, Inc. (MU) has a volatility of 37.25%. This indicates that ADPT 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
| ADPT | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.28% | 37.25% | -14.97% |
Volatility (6M)Calculated over the trailing 6-month period | 46.80% | 60.08% | -13.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.56% | 72.72% | -5.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.41% | 54.00% | +24.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.43% | 50.44% | +25.99% |
Dividends
ADPT vs. MU - Dividend Comparison
ADPT has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ADPT Adaptive Biotechnologies Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Financials
ADPT vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Adaptive Biotechnologies Corporation 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
ADPT vs. MU - Profitability Comparison
ADPT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adaptive Biotechnologies Corporation reported a gross profit of 52.17M and revenue of 70.87M. Therefore, the gross margin over that period was 73.6%.
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%.
ADPT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adaptive Biotechnologies Corporation reported an operating income of -19.21M and revenue of 70.87M, resulting in an operating margin of -27.1%.
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%.
ADPT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adaptive Biotechnologies Corporation reported a net income of -20.03M and revenue of 70.87M, resulting in a net margin of -28.3%.
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
ADPT and MU have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (37.25%) compared to ADPT (22.28%). In terms of maximum drawdown, ADPT dropped -96.55% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (10.61 vs 0.94), 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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