AMPX vs. MU
AMPX (Amprius Technologies Inc.) and MU (Micron Technology, Inc.) are both stocks. AMPX operates in Electrical Equipment & Parts (Industrials), while MU operates in Semiconductors (Technology). Over the past 3 years, AMPX returned 16.37%/yr vs 144.69%/yr for MU. At a 0.21 correlation, their price movements are largely independent.
Performance
AMPX vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, AMPX achieves a 106.72% return, which is significantly lower than MU's 244.07% return.
AMPX
- 1D
- -4.62%
- 1M
- -6.91%
- YTD
- 106.72%
- 6M
- 49.50%
- 1Y
- 313.96%
- 3Y*
- 16.37%
- 5Y*
- —
- 10Y*
- —
MU
- 1D
- -1.43%
- 1M
- 22.15%
- YTD
- 244.07%
- 6M
- 307.41%
- 1Y
- 746.93%
- 3Y*
- 144.69%
- 5Y*
- 66.21%
- 10Y*
- 55.83%
AMPX vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMPX Amprius Technologies Inc. | 106.72% | 181.79% | -47.07% | -33.29% | -11.99% |
MU Micron Technology, Inc. | 244.07% | 240.24% | -0.96% | 71.93% | -5.48% |
Correlation
The correlation between AMPX and MU is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2022 | 0.21 |
Fundamentals
AMPX:
$2.23B
MU:
$1.12T
AMPX:
-$0.31
MU:
$21.26
AMPX:
23.37
MU:
19.16
AMPX:
20.41
MU:
15.44
AMPX:
$90.26M
MU:
$58.12B
AMPX:
$16.37M
MU:
$33.96B
AMPX:
-$17.72M
MU:
$25.99B
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Return for Risk
AMPX vs. MU — Risk / Return Rank
AMPX
MU
AMPX vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amprius Technologies Inc. (AMPX) 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.
| AMPX | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.89 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.78 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | 6.82 | 24.91 | -18.09 |
| Martin ratioReturn relative to average drawdown | 16.45 | 94.64 | -78.18 |
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Drawdowns
AMPX vs. MU - Drawdown Comparison
The maximum AMPX drawdown since its inception was -94.49%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for AMPX and MU.
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Drawdown Indicators
| AMPX | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.49% | -98.25% | +3.76% |
Max Drawdown (1Y)Largest decline over 1 year | -46.41% | -30.28% | -16.13% |
Max Drawdown (3Y)Largest decline over 3 years | -92.44% | -57.63% | -34.81% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -28.81% | -9.07% | -19.74% |
Average DrawdownAverage peak-to-trough decline | -54.95% | -58.16% | +3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.19% | 7.95% | +11.24% |
Volatility
AMPX vs. MU - Volatility Comparison
Amprius Technologies Inc. (AMPX) and Micron Technology, Inc. (MU) have volatilities of 33.62% and 32.86%, 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
| AMPX | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.62% | 32.86% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 79.90% | 57.74% | +22.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 109.24% | 69.66% | +39.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 128.75% | 53.18% | +75.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 128.75% | 50.12% | +78.63% |
Dividends
AMPX vs. MU - Dividend Comparison
AMPX 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 |
|---|---|---|---|---|---|---|
AMPX Amprius Technologies Inc. | 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
AMPX vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Amprius Technologies 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
AMPX vs. MU - Profitability Comparison
AMPX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amprius Technologies Inc. reported a gross profit of 5.74M and revenue of 28.54M. Therefore, the gross margin over that period was 20.1%.
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%.
AMPX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amprius Technologies Inc. reported an operating income of -6.69M and revenue of 28.54M, resulting in an operating margin of -23.4%.
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%.
AMPX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amprius Technologies Inc. reported a net income of -5.05M and revenue of 28.54M, resulting in a net margin of -17.7%.
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
AMPX and MU have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMPX has higher volatility (33.62%) compared to MU (32.86%). In terms of maximum drawdown, AMPX dropped -94.49% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (10.83 vs 2.93), 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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