ETSZ.DE vs. MU

Last updated Jun 5, 2026

ETSZ.DE (BNP Paribas Easy STOXX Europe 600 UCITS ETF) is Europe Equities fund tracking the STOXX® Europe 600, while MU (Micron Technology, Inc.) is a stock. Over the past 10 years, ETSZ.DE returned 9.16%/yr vs 54.64%/yr for MU. At a 0.32 correlation, their price movements are largely independent.

Performance

ETSZ.DE vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) and Micron Technology, Inc. (MU). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ETSZ.DE is traded in EUR, while MU is traded in USD. To make them comparable, the MU values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ETSZ.DE achieves a 7.24% return, which is significantly lower than MU's 238.88% return. Over the past 10 years, ETSZ.DE has underperformed MU with an annualized return of 9.16%, while MU has yielded a comparatively higher 54.64% annualized return.

ETSZ.DE

• 1D: 0.59%
• 1M: 2.47%
• YTD: 7.24%
• 6M: 9.85%
• 1Y: 15.63%
• 3Y*: 13.72%
• 5Y*: 9.62%
• 10Y*: 9.16%

MU

• 1D: 9.74%
• 1M: 29.88%
• YTD: 238.88%
• 6M: 288.21%
• 1Y: 765.83%
• 3Y*: 139.28%
• 5Y*: 67.20%
• 10Y*: 54.64%

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

ETSZ.DE vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ETSZ.DE BNP Paribas Easy STOXX Europe 600 UCITS ETF	7.24%	20.43%	8.21%	15.61%	-10.31%	24.89%	-1.49%	28.86%	-11.18%	10.63%
MU Micron Technology, Inc.	238.88%	199.86%	5.58%	66.78%	-42.58%	33.50%	28.27%	73.32%	-19.21%	64.54%

Correlation

The correlation between ETSZ.DE and MU is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Nov 8, 2013	0.32

Return for Risk

ETSZ.DE vs. MU — Risk / Return Rank

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

ETSZ.DE

ETSZ.DE Risk / Return Rank: 37
ETSZ.DE Sharpe Ratio Rank: 36
ETSZ.DE Sortino Ratio Rank: 36
ETSZ.DE Omega Ratio Rank: 37
ETSZ.DE Calmar Ratio Rank: 35
ETSZ.DE Martin Ratio Rank: 41

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.

ETSZ.DE vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) 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.

	ETSZ.DE	MU	Difference
Sharpe ratio: Return per unit of total volatility	1.26	11.32	-10.06
Sortino ratio: Return per unit of downside risk	1.85	6.28	-4.43
Omega ratio: Gain probability vs. loss probability	1.24	1.80	-0.57
Calmar ratio: Return relative to maximum drawdown	1.72	25.57	-23.85
Martin ratio: Return relative to average drawdown	6.45	97.41	-90.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETSZ.DE vs. MU - Sharpe Ratio Comparison

The current ETSZ.DE Sharpe Ratio is 1.26, which is lower than the MU Sharpe Ratio of 11.32. The chart below compares the historical Sharpe Ratios of ETSZ.DE 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.

Sharpe Ratios by Period

	ETSZ.DE	MU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	11.32	-10.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	1.29	-0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	1.10	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.52	0.00

Drawdowns

ETSZ.DE vs. MU - Drawdown Comparison

The maximum ETSZ.DE drawdown since its inception was -35.51%, smaller than the maximum MU drawdown of -84.08%. Use the drawdown chart below to compare losses from any high point for ETSZ.DE and MU.

Drawdown Indicators

	ETSZ.DE	MU	Difference
Max Drawdown Largest peak-to-trough decline	-35.51%	-84.08%	+48.57%
Max Drawdown (1Y) Largest decline over 1 year	-9.39%	-30.24%	+20.85%
Max Drawdown (3Y) Largest decline over 3 years	-16.35%	-59.24%	+42.89%
Max Drawdown (5Y) Largest decline over 5 years	-20.55%	-59.24%	+38.69%
Max Drawdown (10Y) Largest decline over 10 years	-35.51%	-59.24%	+23.73%
Current Drawdown Current decline from peak	-1.70%	-11.58%	+9.88%
Average Drawdown Average peak-to-trough decline	-5.41%	-27.28%	+21.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	7.92%	-5.41%

Volatility

ETSZ.DE vs. MU - Volatility Comparison

The current volatility for BNP Paribas Easy STOXX Europe 600 UCITS ETF (ETSZ.DE) is 4.34%, while Micron Technology, Inc. (MU) has a volatility of 33.35%. This indicates that ETSZ.DE 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

	ETSZ.DE	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	33.35%	-29.01%
Volatility (6M) Calculated over the trailing 6-month period	10.64%	56.17%	-45.53%
Volatility (1Y) Calculated over the trailing 1-year period	12.84%	68.46%	-55.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.39%	52.60%	-38.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	50.03%	-34.49%

Dividends

ETSZ.DE vs. MU - Dividend Comparison

ETSZ.DE 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
ETSZ.DE BNP Paribas Easy STOXX Europe 600 UCITS ETF	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%

Frequently Asked Questions

Can I hold both ETSZ.DE and MU in my portfolio?

ETSZ.DE and MU have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.