EQIX vs. MU
EQIX (Equinix, Inc.) and MU (Micron Technology, Inc.) are both stocks. EQIX operates in REIT - Specialty (Real Estate), while MU operates in Semiconductors (Technology). Over the past 10 years, EQIX returned 13.17%/yr vs 57.08%/yr for MU. At a 0.26 correlation, their price movements are largely independent.
Performance
EQIX vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, EQIX achieves a 40.37% return, which is significantly lower than MU's 281.36% return. Over the past 10 years, EQIX has underperformed MU with an annualized return of 13.17%, while MU has yielded a comparatively higher 57.08% annualized return.
EQIX
- 1D
- 0.81%
- 1M
- 0.96%
- YTD
- 40.37%
- 6M
- 41.25%
- 1Y
- 21.95%
- 3Y*
- 13.35%
- 5Y*
- 7.71%
- 10Y*
- 13.17%
MU
- 1D
- 10.84%
- 1M
- 50.14%
- YTD
- 281.36%
- 6M
- 358.48%
- 1Y
- 843.42%
- 3Y*
- 153.49%
- 5Y*
- 69.18%
- 10Y*
- 57.08%
EQIX vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EQIX Equinix, Inc. | 40.37% | -16.88% | 19.45% | 25.41% | -21.13% | 20.28% | 24.22% | 68.86% | -20.41% | 29.20% |
MU Micron Technology, Inc. | 281.36% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
Correlation
The correlation between EQIX and MU is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2000 | 0.26 |
Fundamentals
EQIX:
$105.08B
MU:
$1.24T
EQIX:
$14.46
MU:
$21.26
EQIX:
73.60
MU:
51.19
EQIX:
2.52
MU:
0.19
EQIX:
11.07
MU:
21.23
EQIX:
7.35
MU:
17.12
EQIX:
$9.46B
MU:
$58.12B
EQIX:
$4.85B
MU:
$33.96B
EQIX:
$3.76B
MU:
$25.99B
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Return for Risk
EQIX vs. MU — Risk / Return Rank
EQIX
MU
EQIX vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Equinix, Inc. (EQIX) 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.
| EQIX | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.27 | ||
| Sortino ratioReturn per unit of downside risk | -5.15 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.82 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 28.14 | -26.97 |
| Martin ratioReturn relative to average drawdown | 2.10 | 106.90 | -104.79 |
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Drawdowns
EQIX vs. MU - Drawdown Comparison
The maximum EQIX drawdown since its inception was -99.44%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for EQIX and MU.
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Drawdown Indicators
| EQIX | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.44% | -98.25% | -1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -18.93% | -30.28% | +11.35% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -57.63% | +33.04% |
Max Drawdown (5Y)Largest decline over 5 years | -41.77% | -57.63% | +15.86% |
Max Drawdown (10Y)Largest decline over 10 years | -41.77% | -57.63% | +15.86% |
Current DrawdownCurrent decline from peak | -4.09% | 0.00% | -4.09% |
Average DrawdownAverage peak-to-trough decline | -52.60% | -58.16% | +5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.45% | 7.95% | +2.50% |
Volatility
EQIX vs. MU - Volatility Comparison
The current volatility for Equinix, Inc. (EQIX) is 5.61%, while Micron Technology, Inc. (MU) has a volatility of 33.78%. This indicates that EQIX 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
| EQIX | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.61% | 33.78% | -28.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.82% | 58.39% | -41.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.22% | 70.48% | -44.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.66% | 53.40% | -25.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.15% | 50.25% | -23.10% |
Dividends
EQIX vs. MU - Dividend Comparison
EQIX's dividend yield for the trailing twelve months is around 1.85%, more than MU's 0.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQIX Equinix, Inc. | 1.85% | 2.45% | 1.81% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
EQIX vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Equinix, 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
EQIX vs. MU - Profitability Comparison
EQIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported a gross profit of 1.26B and revenue of 2.44B. Therefore, the gross margin over that period was 51.5%.
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%.
EQIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported an operating income of 577.00M and revenue of 2.44B, resulting in an operating margin of 23.6%.
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%.
EQIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported a net income of 415.00M and revenue of 2.44B, resulting in a net margin of 17.0%.
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
EQIX and MU have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (33.78%) compared to EQIX (5.61%). In terms of maximum drawdown, EQIX dropped -99.44% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (12.11 vs 0.84), 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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