ATEX vs. MU

Last updated Jul 14, 2026

ATEX (Anterix Inc.) and MU (Micron Technology, Inc.) are both stocks. ATEX operates in Telecom Services (Communication Services), while MU operates in Semiconductors (Technology). Over the past 10 years, ATEX returned 16.23%/yr vs 53.62%/yr for MU. At a 0.16 correlation, their price movements are largely independent.

Performance

ATEX vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anterix Inc. (ATEX) and Micron Technology, Inc. (MU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATEX achieves a 373.43% return, which is significantly higher than MU's 228.49% return. Over the past 10 years, ATEX has underperformed MU with an annualized return of 16.23%, while MU has yielded a comparatively higher 53.62% annualized return.

ATEX

• 1D: 2.37%
• 1M: 25.27%
• 6M: 344.13%
• YTD: 373.43%
• 1Y: 331.43%
• 3Y*: 50.55%
• 5Y*: 12.41%
• 10Y*: 16.23%

MU

• 1D: -4.32%
• 1M: -4.53%
• 6M: 171.07%
• YTD: 228.49%
• 1Y: 653.64%
• 3Y*: 145.44%
• 5Y*: 65.03%
• 10Y*: 53.62%

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

ATEX vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATEX Anterix Inc.	373.43%	-28.82%	-7.95%	3.57%	-45.25%	56.28%	-12.98%	15.57%	16.48%	42.35%
MU Micron Technology, Inc.	228.49%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	87.59%

Correlation

The correlation between ATEX and MU is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Feb 3, 2015	0.16

Fundamentals

Market Cap ATEX : $2.02B MU : $1.06T
EPS ATEX : $4.83 MU : $44.42
PE Ratio ATEX : 21.38 MU : 21.10
PS Ratio ATEX : 426.56 MU : 11.79
PB Ratio ATEX : 7.43 MU : 10.62
Total Revenue (TTM) ATEX : $4.54M MU : $90.27B
Gross Profit (TTM) ATEX : $4.54M MU : $65.51B
EBITDA (TTM) ATEX : -$10.29M MU : $44.96B

Return for Risk

ATEX vs. MU — Risk / Return Rank

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

ATEX

ATEX Risk / Return Rank: 99
ATEX Sharpe Ratio Rank: 99
ATEX Sortino Ratio Rank: 99
ATEX Omega Ratio Rank: 98
ATEX Calmar Ratio Rank: 99
ATEX Martin Ratio Rank: 99

MU

MU Risk / Return Rank: 99
MU Sharpe Ratio Rank: 100
MU Sortino Ratio Rank: 99
MU Omega Ratio Rank: 98
MU Calmar Ratio Rank: 100
MU Martin Ratio Rank: 100

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.

ATEX vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anterix Inc. (ATEX) 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.

	ATEX	MU	Difference
Sharpe ratio: Return per unit of total volatility	5.73	8.70	-2.97
Sortino ratio: Return per unit of downside risk	5.39	5.26	+0.13
Omega ratio: Gain probability vs. loss probability	1.64	1.67	-0.03
Calmar ratio: Return relative to maximum drawdown	13.79	21.79	-8.00
Martin ratio: Return relative to average drawdown	40.85	79.32	-38.46

ATEX vs. MU - Sharpe Ratio Comparison

The current ATEX Sharpe Ratio is 5.73, which is lower than the MU Sharpe Ratio of 8.70. The chart below compares the historical Sharpe Ratios of ATEX and MU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ATEX vs. MU - Drawdown Comparison

The maximum ATEX drawdown since its inception was -72.27%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for ATEX and MU.

Drawdown Indicators

	ATEX	MU	Difference
Max Drawdown Largest peak-to-trough decline	-72.27%	-98.25%	+25.98%
Max Drawdown (1Y) Largest decline over 1 year	-24.22%	-30.28%	+6.06%
Max Drawdown (3Y) Largest decline over 3 years	-57.35%	-57.63%	+0.28%
Max Drawdown (5Y) Largest decline over 5 years	-72.27%	-57.63%	-14.64%
Max Drawdown (10Y) Largest decline over 10 years	-72.27%	-57.63%	-14.64%
Current Drawdown Current decline from peak	-4.49%	-22.78%	+18.29%
Average Drawdown Average peak-to-trough decline	-38.44%	-58.07%	+19.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.69%	8.55%	+0.14%

Volatility

ATEX vs. MU - Volatility Comparison

The current volatility for Anterix Inc. (ATEX) is 30.09%, while Micron Technology, Inc. (MU) has a volatility of 33.57%. This indicates that ATEX 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.

Volatility by Period

	ATEX	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.09%	33.57%	-3.48%
Volatility (6M) Calculated over the trailing 6-month period	46.28%	62.25%	-15.97%
Volatility (1Y) Calculated over the trailing 1-year period	58.44%	76.01%	-17.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.23%	54.80%	-9.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.74%	50.67%	+0.07%

Dividends

ATEX vs. MU - Dividend Comparison

ATEX has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.06%.

Position	TTM	2025	2024	2023	2022	2021
ATEX Anterix Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MU Micron Technology, Inc.	0.06%	0.16%	0.55%	0.54%	0.89%	0.21%

Financials

Frequently Asked Questions

Can I hold both ATEX and MU in my portfolio?

ATEX and MU have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ATEX or MU?

MU has higher volatility (33.57%) compared to ATEX (30.09%). In terms of maximum drawdown, ATEX dropped -72.27% vs MU's -98.25%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (8.70 vs 5.73), 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.