IQE.L vs. MU
IQE.L (IQE plc) and MU (Micron Technology, Inc.) are both stocks. Both are in the Technology sector — IQE.L in Semiconductor Equipment & Materials, MU in Semiconductors. Over the past 10 years, IQE.L returned 9.75%/yr vs 56.63%/yr for MU. At a 0.13 correlation, their price movements are largely independent.
Performance
IQE.L vs. MU - Performance Comparison
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Different Trading Currencies
IQE.L is traded in GBp, while MU is traded in USD. To make them comparable, the MU values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQE.L achieves a 825.00% return, which is significantly higher than MU's 245.83% return. Over the past 10 years, IQE.L has underperformed MU with an annualized return of 9.75%, while MU has yielded a comparatively higher 56.63% annualized return.
IQE.L
- 1D
- 5.35%
- 1M
- 0.54%
- YTD
- 825.00%
- 6M
- 847.75%
- 1Y
- 350.78%
- 3Y*
- 28.49%
- 5Y*
- -1.63%
- 10Y*
- 9.75%
MU
- 1D
- -1.35%
- 1M
- 26.47%
- YTD
- 245.83%
- 6M
- 306.40%
- 1Y
- 761.78%
- 3Y*
- 139.76%
- 5Y*
- 67.93%
- 10Y*
- 56.63%
IQE.L vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQE.L IQE plc | 825.00% | -54.95% | -54.69% | -50.65% | 43.70% | -52.96% | 49.90% | -24.62% | -52.55% | 260.53% |
MU Micron Technology, Inc. | 245.83% | 216.00% | 0.77% | 63.34% | -39.50% | 25.38% | 35.69% | 63.04% | -18.26% | 71.37% |
Correlation
The correlation between IQE.L and MU is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | 0.13 |
Fundamentals
IQE.L:
£452.23M
MU:
$1.12T
IQE.L:
-£0.08
MU:
$21.26
IQE.L:
2.09
MU:
19.16
IQE.L:
5.04
MU:
15.44
IQE.L:
£215.33M
MU:
$58.12B
IQE.L:
£1.21M
MU:
$33.96B
IQE.L:
-£9.08M
MU:
$25.99B
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Return for Risk
IQE.L vs. MU — Risk / Return Rank
IQE.L
MU
IQE.L vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQE plc (IQE.L) 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.
| IQE.L | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.80 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 5.80 | 25.74 | -19.94 |
| Martin ratioReturn relative to average drawdown | 10.32 | 99.81 | -89.49 |
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Drawdowns
IQE.L vs. MU - Drawdown Comparison
The maximum IQE.L drawdown since its inception was -97.27%, which is greater than MU's maximum drawdown of -83.28%. Use the drawdown chart below to compare losses from any high point for IQE.L and MU.
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Drawdown Indicators
| IQE.L | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.27% | -83.28% | -13.99% |
Max Drawdown (1Y)Largest decline over 1 year | -56.19% | -29.83% | -26.36% |
Max Drawdown (3Y)Largest decline over 3 years | -86.50% | -58.50% | -28.00% |
Max Drawdown (5Y)Largest decline over 5 years | -91.85% | -58.50% | -33.35% |
Max Drawdown (10Y)Largest decline over 10 years | -97.27% | -58.50% | -38.77% |
Current DrawdownCurrent decline from peak | -74.13% | -8.98% | -65.15% |
Average DrawdownAverage peak-to-trough decline | -54.62% | -26.60% | -28.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.63% | 7.68% | +23.95% |
Volatility
IQE.L vs. MU - Volatility Comparison
IQE plc (IQE.L) has a higher volatility of 48.13% compared to Micron Technology, Inc. (MU) at 32.36%. This indicates that IQE.L's price experiences larger fluctuations and is considered to be riskier 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
| IQE.L | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 48.13% | 32.36% | +15.77% |
Volatility (6M)Calculated over the trailing 6-month period | 116.32% | 56.84% | +59.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 129.99% | 68.67% | +61.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.59% | 52.15% | +28.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.46% | 49.57% | +25.89% |
Dividends
IQE.L vs. MU - Dividend Comparison
IQE.L 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 |
|---|---|---|---|---|---|---|
IQE.L IQE plc | 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
IQE.L vs. MU - Financials Comparison
This section allows you to compare key financial metrics between IQE plc 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
IQE.L vs. MU - Profitability Comparison
IQE.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IQE plc reported a gross profit of -1.28M and revenue of 52.05M. Therefore, the gross margin over that period was -2.5%.
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%.
IQE.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IQE plc reported an operating income of -10.38M and revenue of 52.05M, resulting in an operating margin of -19.9%.
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%.
IQE.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IQE plc reported a net income of -10.66M and revenue of 52.05M, resulting in a net margin of -20.5%.
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
IQE.L 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.
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