LNVGY vs. MU

Last updated Jun 5, 2026

LNVGY (Lenovo Group Limited) and MU (Micron Technology, Inc.) are both stocks. Both are in the Technology sector — LNVGY in Computer Hardware, MU in Semiconductors. Over the past 10 years, LNVGY returned 24.91%/yr vs 54.99%/yr for MU. At a 0.25 correlation, their price movements are largely independent.

Performance

LNVGY vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lenovo Group Limited (LNVGY) 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, LNVGY achieves a 164.16% return, which is significantly lower than MU's 249.12% return. Over the past 10 years, LNVGY has underperformed MU with an annualized return of 24.91%, while MU has yielded a comparatively higher 54.99% annualized return.

LNVGY

• 1D: -3.50%
• 1M: 110.00%
• YTD: 164.16%
• 6M: 147.93%
• 1Y: 183.44%
• 3Y*: 54.29%
• 5Y*: 26.65%
• 10Y*: 24.91%

MU

• 1D: -7.74%
• 1M: 55.58%
• YTD: 249.12%
• 6M: 339.81%
• 1Y: 866.96%
• 3Y*: 146.00%
• 5Y*: 64.90%
• 10Y*: 54.99%

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

LNVGY vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LNVGY Lenovo Group Limited	164.16%	-4.37%	-4.30%	80.46%	-25.77%	28.05%	47.80%	4.62%	26.37%	3.11%
MU Micron Technology, Inc.	249.12%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	87.59%

Correlation

The correlation between LNVGY and MU is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007	0.25

Fundamentals

Market Cap LNVGY : $45.62B MU : $1.14T
EPS LNVGY : $2.63 MU : $21.26
PE Ratio LNVGY : 23.82 MU : 46.86
PEG Ratio LNVGY : 6.23 MU : 0.18
PS Ratio LNVGY : 0.55 MU : 19.44
PB Ratio LNVGY : 5.98 MU : 15.67
Total Revenue (TTM) LNVGY : $83.00B MU : $58.12B
Gross Profit (TTM) LNVGY : $12.49B MU : $33.96B
EBITDA (TTM) LNVGY : $4.29B MU : $25.99B

Return for Risk

LNVGY vs. MU — Risk / Return Rank

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

LNVGY

LNVGY Risk / Return Rank: 95
LNVGY Sharpe Ratio Rank: 97
LNVGY Sortino Ratio Rank: 98
LNVGY Omega Ratio Rank: 96
LNVGY Calmar Ratio Rank: 94
LNVGY Martin Ratio Rank: 90

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.

LNVGY vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lenovo Group Limited (LNVGY) 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.

	LNVGY	MU	Difference
Sharpe ratio: Return per unit of total volatility	3.89	13.17	-9.28
Sortino ratio: Return per unit of downside risk	5.18	6.91	-1.73
Omega ratio: Gain probability vs. loss probability	1.64	1.88	-0.24
Calmar ratio: Return relative to maximum drawdown	6.34	28.92	-22.59
Martin ratio: Return relative to average drawdown	11.92	114.14	-102.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LNVGY vs. MU - Sharpe Ratio Comparison

The current LNVGY Sharpe Ratio is 3.89, which is lower than the MU Sharpe Ratio of 13.17. The chart below compares the historical Sharpe Ratios of LNVGY 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

	LNVGY	MU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.89	13.17	-9.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	1.24	-0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	1.11	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.31	-0.01

Drawdowns

LNVGY vs. MU - Drawdown Comparison

The maximum LNVGY drawdown since its inception was -84.37%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for LNVGY and MU.

Drawdown Indicators

	LNVGY	MU	Difference
Max Drawdown Largest peak-to-trough decline	-84.37%	-98.25%	+13.88%
Max Drawdown (1Y) Largest decline over 1 year	-29.12%	-30.28%	+1.16%
Max Drawdown (3Y) Largest decline over 3 years	-44.60%	-57.63%	+13.03%
Max Drawdown (5Y) Largest decline over 5 years	-55.02%	-57.63%	+2.61%
Max Drawdown (10Y) Largest decline over 10 years	-55.02%	-57.63%	+2.61%
Current Drawdown Current decline from peak	-6.74%	-7.74%	+1.00%
Average Drawdown Average peak-to-trough decline	-35.41%	-58.20%	+22.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.46%	7.66%	+7.80%

Volatility

LNVGY vs. MU - Volatility Comparison

Lenovo Group Limited (LNVGY) has a higher volatility of 31.04% compared to Micron Technology, Inc. (MU) at 29.41%. This indicates that LNVGY'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.

Volatility by Period

	LNVGY	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.04%	29.41%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	39.23%	54.26%	-15.03%
Volatility (1Y) Calculated over the trailing 1-year period	47.48%	66.50%	-19.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.25%	52.42%	-6.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.55%	49.71%	-9.16%

Dividends

LNVGY vs. MU - Dividend Comparison

LNVGY's dividend yield for the trailing twelve months is around 1.59%, more than MU's 0.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNVGY Lenovo Group Limited	1.59%	4.21%	3.83%	3.47%	5.98%	3.58%	3.77%	5.21%	4.74%	10.40%	10.61%	3.21%
MU Micron Technology, Inc.	0.05%	0.16%	0.55%	0.54%	0.89%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

LNVGY vs. MU - Profitability Comparison

The chart below illustrates the profitability comparison between Lenovo Group Limited and Micron Technology, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LNVGY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lenovo Group Limited reported a gross profit of 3.53B and revenue of 21.56B. Therefore, the gross margin over that period was 16.4%.

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%.

LNVGY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lenovo Group Limited reported an operating income of 834.29M and revenue of 21.56B, resulting in an operating margin of 3.9%.

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%.

LNVGY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lenovo Group Limited reported a net income of 520.10M and revenue of 21.56B, resulting in a net margin of 2.4%.

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

Can I hold both LNVGY and MU in my portfolio?

LNVGY and MU have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LNVGY or MU?

LNVGY has higher volatility (31.04%) compared to MU (29.41%). In terms of maximum drawdown, LNVGY dropped -84.37% vs MU's -98.25%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (13.17 vs 3.89), 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.