GSIB vs. MU
GSIB (Themes Global Systemically Important Banks ETF) is Financials Equities fund actively managed by Themes, while MU (Micron Technology, Inc.) is a stock. Over the past year, GSIB returned 46.76% vs 655.32% for MU. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
GSIB vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, GSIB achieves a 22.66% return, which is significantly lower than MU's 188.53% return.
GSIB
- 1D
- -0.11%
- 1M
- 7.17%
- 6M
- 18.14%
- YTD
- 22.66%
- 1Y
- 46.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.58%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.37M | $1.31M | $753.15K | |
| $43.28B | $42.78B | $49.13B |
GSIB vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GSIB Themes Global Systemically Important Banks ETF | 22.66% | 61.67% | 32.86% | 1.75% |
MU Micron Technology, Inc. | 188.53% | 240.24% | -0.96% | 3.97% |
Correlation
The correlation between GSIB and MU is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2023 | 0.35 |
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Return for Risk
GSIB vs. MU — Risk / Return Rank
GSIB
MU
GSIB vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Global Systemically Important Banks ETF (GSIB) 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.
| GSIB | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.55 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.63 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | 16.92 | -13.54 |
| Martin ratioReturn relative to average drawdown | 11.87 | 64.08 | -52.21 |
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Drawdowns
GSIB vs. MU - Drawdown Comparison
The maximum GSIB drawdown since its inception was -17.71%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for GSIB and MU.
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Drawdown Indicators
| GSIB | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.71% | -98.25% | +80.54% |
Max Drawdown (1Y)Largest decline over 1 year | -13.90% | -39.10% | +25.20% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -0.11% | -32.17% | +32.06% |
Average DrawdownAverage peak-to-trough decline | -1.99% | -58.02% | +56.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 10.31% | -6.36% |
Volatility
GSIB vs. MU - Volatility Comparison
The current volatility for Themes Global Systemically Important Banks ETF (GSIB) is 5.74%, while Micron Technology, Inc. (MU) has a volatility of 31.11%. This indicates that GSIB 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
| GSIB | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 31.11% | -25.37% |
Volatility (6M)Calculated over the trailing 6-month period | 14.93% | 67.64% | -52.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.90% | 81.13% | -63.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.46% | 56.32% | -37.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.46% | 51.42% | -32.96% |
Dividends
GSIB vs. MU - Dividend Comparison
GSIB's dividend yield for the trailing twelve months is around 1.55%, more than MU's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GSIB Themes Global Systemically Important Banks ETF | 1.55% | 1.91% | 1.67% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Frequently Asked Questions
GSIB and MU have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (31.11%) compared to GSIB (5.74%). In terms of maximum drawdown, GSIB dropped -17.71% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (8.17 vs 2.63), 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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