FLTR vs. MU

Last updated Aug 1, 2026

FLTR (VanEck IG Floating Rate ETF) is Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index, while MU (Micron Technology, Inc.) is a stock. Over the past 10 years, FLTR returned 3.52%/yr vs 51.33%/yr for MU. Their 0.08 correlation means their historical movements had little consistent relationship.

Performance

FLTR vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck IG Floating Rate ETF (FLTR) 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, FLTR achieves a 2.70% return, which is significantly lower than MU's 188.53% return. Over the past 10 years, FLTR has underperformed MU with an annualized return of 3.52%, while MU has yielded a comparatively higher 51.33% annualized return.

FLTR

• 1D: 0.08%
• 1M: 0.31%
• 6M: 2.30%
• YTD: 2.70%
• 1Y: 5.04%
• 3Y*: 5.95%
• 5Y*: 4.63%
• 10Y*: 3.52%
• ALL TIME*: 2.56%

MU

• 1D: -5.90%
• 1M: -20.26%
• 6M: 98.49%
• YTD: 188.53%
• 1Y: 655.32%
• 3Y*: 127.41%
• 5Y*: 61.18%
• 10Y*: 51.33%
• ALL TIME*: 17.06%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLTR VanEck IG Floating Rate ETF	$35.76M	$33.35M	$28.52M
MU Micron Technology, Inc.	$43.28B	$42.78B	$49.13B

FLTR vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLTR VanEck IG Floating Rate ETF	2.70%	5.22%	7.38%	7.41%	0.74%	0.55%	1.44%	5.70%	0.30%	2.80%
MU Micron Technology, Inc.	188.53%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	87.59%

Correlation

The correlation between FLTR and MU is 0.20, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.20
Correlation (3Y) Balances recent behavior with more history.	0.12
Correlation (5Y) Shows whether the relationship held over a longer period.	0.14
Correlation (10Y) Provides a long-term view across more market conditions.	0.10
Correlation (All Time) Calculated using the full available price history since Apr 26, 2011	0.08

The correlation between FLTR and MU shifts across timeframes, from 0.08 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FLTR vs. MU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FLTR

FLTR Risk / Return Rank: 99
FLTR Sharpe Ratio Rank: 99
FLTR Sortino Ratio Rank: 99
FLTR Omega Ratio Rank: 99
FLTR Calmar Ratio Rank: 99
FLTR 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) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FLTR vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck IG Floating Rate ETF (FLTR) 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.

	FLTR	MU	Difference
Sharpe ratio: Return per unit of total volatility	6.40	8.17	-1.77
Sortino ratio: Return per unit of downside risk	11.91	5.00	+6.91
Omega ratio: Gain probability vs. loss probability	2.96	1.63	+1.33
Calmar ratio: Return relative to maximum drawdown	16.15	16.92	-0.77
Martin ratio: Return relative to average drawdown	95.31	64.08	+31.23

FLTR vs. MU - Sharpe Ratio Comparison

The current FLTR Sharpe Ratio is 6.40, which is comparable to the MU Sharpe Ratio of 8.17. The chart below compares the historical Sharpe Ratios of FLTR 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

FLTR vs. MU - Drawdown Comparison

The maximum FLTR drawdown since its inception was -17.84%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for FLTR and MU.

Drawdown Indicators

	FLTR	MU	Difference
Max Drawdown Largest peak-to-trough decline	-17.84%	-98.25%	+80.41%
Max Drawdown (1Y) Largest decline over 1 year	-0.31%	-39.10%	+38.79%
Max Drawdown (3Y) Largest decline over 3 years	-1.93%	-57.63%	+55.70%
Max Drawdown (5Y) Largest decline over 5 years	-3.06%	-57.63%	+54.57%
Max Drawdown (10Y) Largest decline over 10 years	-17.84%	-57.63%	+39.79%
Current Drawdown Current decline from peak	0.00%	-32.17%	+32.17%
Average Drawdown Average peak-to-trough decline	-0.67%	-58.02%	+57.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.05%	10.31%	-10.26%

Volatility

FLTR vs. MU - Volatility Comparison

The current volatility for VanEck IG Floating Rate ETF (FLTR) is 0.17%, while Micron Technology, Inc. (MU) has a volatility of 31.11%. This indicates that FLTR 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

	FLTR	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.17%	31.11%	-30.94%
Volatility (6M) Calculated over the trailing 6-month period	0.65%	67.64%	-66.99%
Volatility (1Y) Calculated over the trailing 1-year period	0.80%	81.13%	-80.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.13%	56.32%	-54.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	51.42%	-46.42%

Dividends

FLTR vs. MU - Dividend Comparison

FLTR's dividend yield for the trailing twelve months is around 4.63%, more than MU's 0.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLTR VanEck IG Floating Rate ETF	4.63%	4.97%	5.93%	6.07%	2.29%	0.63%	1.49%	3.05%	2.67%	1.69%	1.16%	0.71%
MU Micron Technology, Inc.	0.06%	0.16%	0.55%	0.54%	0.89%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLTR and MU in my portfolio?

FLTR and MU have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLTR or MU?

MU has higher volatility (31.11%) compared to FLTR (0.17%). In terms of maximum drawdown, FLTR dropped -17.84% vs MU's -98.25%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (8.17 vs 6.40), 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.