GMED vs. MU
GMED (Globus Medical, Inc.) and MU (Micron Technology, Inc.) are both stocks. GMED operates in Medical Devices (Healthcare), while MU operates in Semiconductors (Technology). Over the past 10 years, GMED returned 12.07%/yr vs 54.18%/yr for MU. At a 0.28 correlation, their price movements are largely independent.
Performance
GMED vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, GMED achieves a -10.54% return, which is significantly lower than MU's 243.32% return. Over the past 10 years, GMED has underperformed MU with an annualized return of 12.07%, while MU has yielded a comparatively higher 54.18% annualized return.
GMED
- 1D
- 1.92%
- 1M
- -2.99%
- 6M
- -17.32%
- YTD
- -10.54%
- 1Y
- 36.75%
- 3Y*
- 8.91%
- 5Y*
- -0.63%
- 10Y*
- 12.07%
MU
- 1D
- -1.24%
- 1M
- -1.65%
- 6M
- 183.94%
- YTD
- 243.32%
- 1Y
- 687.66%
- 3Y*
- 149.71%
- 5Y*
- 66.39%
- 10Y*
- 54.18%
GMED vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMED Globus Medical, Inc. | -10.54% | 5.56% | 55.21% | -28.25% | 2.87% | 10.70% | 10.77% | 36.04% | 5.30% | 65.66% |
MU Micron Technology, Inc. | 243.32% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
Correlation
The correlation between GMED and MU is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.28 |
The correlation between GMED and MU shifts across timeframes, from 0.15 (1 year) to 0.29 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GMED:
$10.53B
MU:
$1.11T
GMED:
$4.28
MU:
$44.42
GMED:
18.23
MU:
22.05
GMED:
0.19
MU:
0.08
GMED:
3.45
MU:
12.33
GMED:
2.28
MU:
11.10
GMED:
$3.10B
MU:
$90.27B
GMED:
$1.58B
MU:
$65.51B
GMED:
$803.34M
MU:
$44.96B
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Return for Risk
GMED vs. MU — Risk / Return Rank
GMED
MU
GMED vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) 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.
| GMED | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.66 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.69 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 23.23 | -21.63 |
| Martin ratioReturn relative to average drawdown | 3.87 | 83.25 | -79.39 |
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Drawdowns
GMED vs. MU - Drawdown Comparison
The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for GMED and MU.
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Drawdown Indicators
| GMED | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.91% | -98.25% | +50.34% |
Max Drawdown (1Y)Largest decline over 1 year | -22.10% | -30.28% | +8.18% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -57.63% | +13.23% |
Max Drawdown (5Y)Largest decline over 5 years | -47.91% | -57.63% | +9.72% |
Max Drawdown (10Y)Largest decline over 10 years | -47.91% | -57.63% | +9.72% |
Current DrawdownCurrent decline from peak | -19.32% | -19.29% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -58.07% | +42.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.13% | 8.43% | +0.70% |
Volatility
GMED vs. MU - Volatility Comparison
The current volatility for Globus Medical, Inc. (GMED) is 13.69%, while Micron Technology, Inc. (MU) has a volatility of 33.63%. This indicates that GMED 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
| GMED | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.69% | 33.63% | -19.94% |
Volatility (6M)Calculated over the trailing 6-month period | 25.33% | 62.19% | -36.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.46% | 75.68% | -26.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.27% | 54.75% | -16.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.68% | 50.65% | -14.97% |
Dividends
GMED vs. MU - Dividend Comparison
GMED 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 |
|---|---|---|---|---|---|---|
GMED Globus Medical, 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
GMED vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Globus Medical, 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
GMED vs. MU - Profitability Comparison
GMED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported a gross profit of 0.00 and revenue of 759.85M. Therefore, the gross margin over that period was 0.0%.
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a gross profit of 35.06B and revenue of 41.46B. Therefore, the gross margin over that period was 84.6%.
GMED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported an operating income of 150.39M and revenue of 759.85M, resulting in an operating margin of 19.8%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported an operating income of 33.31B and revenue of 41.46B, resulting in an operating margin of 80.4%.
GMED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported a net income of 124.30M and revenue of 759.85M, resulting in a net margin of 16.4%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a net income of 28.24B and revenue of 41.46B, resulting in a net margin of 68.1%.
Frequently Asked Questions
GMED and MU have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (33.63%) compared to GMED (13.69%). In terms of maximum drawdown, GMED dropped -47.91% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (9.29 vs 0.71), 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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