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MU.TO vs. XCHP.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MU.TO vs. XCHP.TO

Last updated Jul 21, 2026
Documentation

MU.TO (Micron CDR (CAD Hedged)) is a stock, while XCHP.TO (iShares Semiconductor Index ETF) is Semiconductors fund tracking the NYSE Semiconductor Index. A 0.76 correlation means they provide meaningful diversification when combined.

Performance

MU.TO vs. XCHP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Micron CDR (CAD Hedged) (MU.TO) and iShares Semiconductor Index ETF (XCHP.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MU.TO achieves a 198.92% return, which is significantly higher than XCHP.TO's 78.26% return.

MU.TO

1D
2.23%
1M
-24.90%
6M
131.45%
YTD
198.92%
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

XCHP.TO

1D
0.90%
1M
-17.57%
6M
56.98%
YTD
78.26%
1Y
118.00%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
52.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MU.TO vs. XCHP.TO - Yearly Performance Comparison

2026 (YTD)2025
MU.TO
Micron CDR (CAD Hedged)		198.92%48.43%
XCHP.TO
iShares Semiconductor Index ETF		78.26%3.64%

Correlation

The correlation between MU.TO and XCHP.TO is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Oct 15, 2025

0.76

Compare stocks, funds, or ETFs

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Micron CDR (CAD Hedged)

iShares Semiconductor Index ETF

Often compared with MU.TO:
MU.TO vs. MUMU.TO vs. AMD.TOMU.TO vs. AVGO.TOMU.TO vs. NVDA.TOMU.TO vs. PLTRMU.TO vs. SPYGMU.TO vs. CLS.TO
Often compared with XCHP.TO:
XCHP.TO vs. CHPSXCHP.TO vs. SMHXCHP.TO vs. SOXXXCHP.TO vs. CHPS.TOXCHP.TO vs. QQC.TOXCHP.TO vs. TEC.TOXCHP.TO vs. XEQT.TO

Return for Risk

MU.TO vs. XCHP.TO — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XCHP.TO
XCHP.TO Risk / Return Rank: 9292
Overall Rank
XCHP.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
XCHP.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
XCHP.TO Omega Ratio Rank: 8888
Omega Ratio Rank
XCHP.TO Calmar Ratio Rank: 9595
Calmar Ratio Rank
XCHP.TO Martin Ratio Rank: 9595
Martin Ratio Rank
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.

MU.TO vs. XCHP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Micron CDR (CAD Hedged) (MU.TO) and iShares Semiconductor Index ETF (XCHP.TO). 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.

MU.TOXCHP.TODifference
Sharpe ratioReturn per unit of total volatility

—

2.82

—

Sortino ratioReturn per unit of downside risk

—

3.01

—

Omega ratioGain probability vs. loss probability

—

1.42

—

Calmar ratioReturn relative to maximum drawdown

—

5.60

—

Martin ratioReturn relative to average drawdown

—

21.53

—

MU.TO vs. XCHP.TO - Sharpe Ratio Comparison

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Drawdowns

MU.TO vs. XCHP.TO - Drawdown Comparison

The maximum MU.TO drawdown since its inception was -30.34%, smaller than the maximum XCHP.TO drawdown of -39.06%. Use the drawdown chart below to compare losses from any high point for MU.TO and XCHP.TO.

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Drawdown Indicators

MU.TOXCHP.TODifference

Max Drawdown

Largest peak-to-trough decline

-30.34%

-39.06%

+8.72%

Max Drawdown (1Y)

Largest decline over 1 year

—

-21.21%

—

Current Drawdown

Current decline from peak

-28.79%

-20.50%

-8.29%

Average Drawdown

Average peak-to-trough decline

-6.61%

-8.29%

+1.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

5.50%

—

Volatility

MU.TO vs. XCHP.TO - Volatility Comparison

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Volatility by Period

MU.TOXCHP.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

—

20.68%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

36.21%

—

Volatility (1Y)

Calculated over the trailing 1-year period

82.42%

42.18%

+40.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

82.42%

39.08%

+43.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

82.42%

39.08%

+43.34%

Dividends

MU.TO vs. XCHP.TO - Dividend Comparison

MU.TO's dividend yield for the trailing twelve months is around 0.05%, which matches XCHP.TO's 0.05% yield.

PositionTTM2025
MU.TO
Micron CDR (CAD Hedged)		0.05%0.04%
XCHP.TO
iShares Semiconductor Index ETF		0.05%0.00%

Frequently Asked Questions

MU.TO and XCHP.TO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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