MRAM vs. IGE
MRAM (Everspin Technologies, Inc.) is a stock, while IGE (iShares North American Natural Resources ETF) is Energy Equities fund tracking the S&P North American Natural Resources Sector Index. Over the past 5 years, MRAM returned 25.52%/yr vs 19.22%/yr for IGE. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
MRAM vs. IGE - Performance Comparison
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Returns By Period
In the year-to-date period, MRAM achieves a 87.72% return, which is significantly higher than IGE's 20.62% return.
MRAM
- 1D
- 12.75%
- 1M
- -8.99%
- 6M
- 58.51%
- YTD
- 87.72%
- 1Y
- 183.71%
- 3Y*
- 19.96%
- 5Y*
- 25.52%
- 10Y*
- —
- ALL TIME*
- 6.83%
IGE
- 1D
- 0.37%
- 1M
- 6.21%
- 6M
- 5.58%
- YTD
- 20.62%
- 1Y
- 36.51%
- 3Y*
- 16.14%
- 5Y*
- 19.22%
- 10Y*
- 9.22%
- ALL TIME*
- 7.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.64M | $6.69M | $9.61M | |
| $18.53M | $18.78M | $103.28M |
MRAM vs. IGE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRAM Everspin Technologies, Inc. | 87.72% | 45.23% | -29.31% | 62.59% | -50.80% | 145.65% | -12.55% | -6.24% | -25.20% | -9.53% |
IGE iShares North American Natural Resources ETF | 20.62% | 20.41% | 7.55% | 3.12% | 33.24% | 39.42% | -19.58% | 17.16% | -21.59% | 0.82% |
Correlation
The correlation between MRAM and IGE 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. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2016 | 0.25 |
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Return for Risk
MRAM vs. IGE — Risk / Return Rank
MRAM
IGE
MRAM vs. IGE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Everspin Technologies, Inc. (MRAM) and iShares North American Natural Resources ETF (IGE). 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.
| MRAM | IGE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 3.18 | -0.56 |
| Martin ratioReturn relative to average drawdown | 5.83 | 9.76 | -3.93 |
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Drawdowns
MRAM vs. IGE - Drawdown Comparison
The maximum MRAM drawdown since its inception was -91.28%, which is greater than IGE's maximum drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for MRAM and IGE.
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Drawdown Indicators
| MRAM | IGE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.28% | -67.55% | -23.73% |
Max Drawdown (1Y)Largest decline over 1 year | -70.62% | -11.54% | -59.08% |
Max Drawdown (3Y)Largest decline over 3 years | -70.62% | -19.49% | -51.13% |
Max Drawdown (5Y)Largest decline over 5 years | -70.62% | -25.72% | -44.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.57% | — |
Current DrawdownCurrent decline from peak | -60.42% | -4.72% | -55.70% |
Average DrawdownAverage peak-to-trough decline | -64.84% | -18.82% | -46.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.64% | 3.75% | +27.89% |
Volatility
MRAM vs. IGE - Volatility Comparison
Everspin Technologies, Inc. (MRAM) has a higher volatility of 32.39% compared to iShares North American Natural Resources ETF (IGE) at 3.85%. This indicates that MRAM's price experiences larger fluctuations and is considered to be riskier than IGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRAM | IGE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.39% | 3.85% | +28.54% |
Volatility (6M)Calculated over the trailing 6-month period | 93.96% | 12.54% | +81.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 113.12% | 16.51% | +96.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.48% | 22.20% | +56.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.12% | 24.86% | +54.26% |
Dividends
MRAM vs. IGE - Dividend Comparison
MRAM has not paid dividends to shareholders, while IGE's dividend yield for the trailing twelve months is around 1.98%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGE iShares North American Natural Resources ETF | 1.98% | 2.32% | 2.54% | 2.85% | 2.96% | 2.92% | 3.34% | 5.55% | 2.68% | 2.11% | 1.66% | 3.08% |
MRAM Everspin Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MRAM and IGE 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.
MRAM has higher volatility (32.39%) compared to IGE (3.85%). In terms of maximum drawdown, MRAM dropped -91.28% vs IGE's -67.55%.
IGE currently has the higher Sharpe Ratio (2.22 vs 1.63), 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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