AMD.TO vs. MU.TO

Last updated Jul 21, 2026

AMD.TO (Advanced Micro Devices CDR (CAD Hedged)) and MU.TO (Micron CDR (CAD Hedged)) are both stocks. Both operate in the Semiconductors industry within the Technology sector. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

AMD.TO vs. MU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Advanced Micro Devices CDR (CAD Hedged) (AMD.TO) and Micron CDR (CAD Hedged) (MU.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMD.TO achieves a 131.69% return, which is significantly lower than MU.TO's 198.92% return.

AMD.TO

• 1D: 1.66%
• 1M: -6.35%
• 6M: 119.39%
• YTD: 131.69%
• 1Y: 211.96%
• 3Y*: 61.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 51.68%

MU.TO

• 1D: 2.23%
• 1M: -24.90%
• 6M: 131.45%
• YTD: 198.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMD.TO vs. MU.TO - Yearly Performance Comparison

	2026 (YTD)	2025
AMD.TO Advanced Micro Devices CDR (CAD Hedged)	131.69%	-2.64%
MU.TO Micron CDR (CAD Hedged)	198.92%	48.43%

Correlation

The correlation between AMD.TO and MU.TO is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.57

Return for Risk

AMD.TO vs. MU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMD.TO

AMD.TO Risk / Return Rank: 96
AMD.TO Sharpe Ratio Rank: 97
AMD.TO Sortino Ratio Rank: 94
AMD.TO Omega Ratio Rank: 94
AMD.TO Calmar Ratio Rank: 98
AMD.TO Martin Ratio Rank: 95

MU.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMD.TO vs. MU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advanced Micro Devices CDR (CAD Hedged) (AMD.TO) and Micron CDR (CAD Hedged) (MU.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.

	AMD.TO	MU.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.11	—	—
Sortino ratio: Return per unit of downside risk	3.37	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	7.50	—	—
Martin ratio: Return relative to average drawdown	15.17	—	—

Drawdowns

AMD.TO vs. MU.TO - Drawdown Comparison

The maximum AMD.TO drawdown since its inception was -63.86%, which is greater than MU.TO's maximum drawdown of -30.34%. Use the drawdown chart below to compare losses from any high point for AMD.TO and MU.TO.

Drawdown Indicators

	AMD.TO	MU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-63.86%	-30.34%	-33.52%
Max Drawdown (1Y) Largest decline over 1 year	-28.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-63.86%	—	—
Current Drawdown Current decline from peak	-13.24%	-28.79%	+15.55%
Average Drawdown Average peak-to-trough decline	-22.75%	-6.61%	-16.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.04%	—	—

Volatility

Volatility by Period

	AMD.TO	MU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	53.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	68.72%	82.42%	-13.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.85%	82.42%	-26.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.85%	82.42%	-26.57%

Dividends

AMD.TO vs. MU.TO - Dividend Comparison

AMD.TO has not paid dividends to shareholders, while MU.TO's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025
AMD.TO Advanced Micro Devices CDR (CAD Hedged)	0.00%	0.00%
MU.TO Micron CDR (CAD Hedged)	0.05%	0.04%

Financials

Frequently Asked Questions

Can I hold both AMD.TO and MU.TO in my portfolio?

AMD.TO and MU.TO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.