MU vs. CRDO

Last updated Apr 2, 2026

Compare and contrast key facts about Micron Technology, Inc. (MU) and Credo Technology Group Holding Ltd (CRDO).

Performance

MU vs. CRDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Micron Technology, Inc. (MU) and Credo Technology Group Holding Ltd (CRDO). The values are adjusted to include any dividend payments, if applicable.

MU vs. CRDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MU Micron Technology, Inc.	28.94%	240.24%	-0.96%	71.93%	-36.02%
CRDO Credo Technology Group Holding Ltd	-33.34%	114.09%	245.20%	46.28%	14.25%

Fundamentals

Market Cap MU : $419.35B CRDO : $17.90B
EPS MU : $21.30 CRDO : $1.84
PE Ratio MU : 17.27 CRDO : 52.14
PEG Ratio MU : 0.06 CRDO : 0.03
PS Ratio MU : 7.16 CRDO : 16.59
PB Ratio MU : 5.79 CRDO : 9.68
Total Revenue (TTM) MU : $58.12B CRDO : $1.07B
Gross Profit (TTM) MU : $33.96B CRDO : $724.47M
EBITDA (TTM) MU : $25.99B CRDO : $340.31M

Returns By Period

In the year-to-date period, MU achieves a 28.94% return, which is significantly higher than CRDO's -33.34% return.

MU

• 1D: 8.88%
• 1M: -10.82%
• YTD: 28.94%
• 6M: 102.24%
• 1Y: 315.66%
• 3Y*: 83.59%
• 5Y*: 32.48%
• 10Y*: 42.36%

CRDO

• 1D: 2.18%
• 1M: -16.02%
• YTD: -33.34%
• 6M: -33.81%
• 1Y: 129.91%
• 3Y*: 116.75%
• 5Y*: —
• 10Y*: —

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

Return for Risk

MU vs. CRDO — Risk / Return Rank

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

MU

MU Risk / Return Rank: 98
MU Sharpe Ratio Rank: 99
MU Sortino Ratio Rank: 97
MU Omega Ratio Rank: 96
MU Calmar Ratio Rank: 99
MU Martin Ratio Rank: 99

CRDO

CRDO Risk / Return Rank: 81
CRDO Sharpe Ratio Rank: 85
CRDO Sortino Ratio Rank: 81
CRDO Omega Ratio Rank: 77
CRDO Calmar Ratio Rank: 82
CRDO Martin Ratio Rank: 81

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 vs. CRDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Credo Technology Group Holding Ltd (CRDO). 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.

	MU	CRDO	Difference
Sharpe ratio Return per unit of total volatility	4.86	1.56	+3.30
Sortino ratio Return per unit of downside risk	4.00	2.18	+1.82
Omega ratio Gain probability vs. loss probability	1.54	1.27	+0.27
Calmar ratio Return relative to maximum drawdown	10.71	2.59	+8.12
Martin ratio Return relative to average drawdown	36.18	6.61	+29.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MU vs. CRDO - Sharpe Ratio Comparison

The current MU Sharpe Ratio is 4.86, which is higher than the CRDO Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of MU and CRDO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MU	CRDO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.86	1.56	+3.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.82	-0.57

Correlation

The correlation between MU and CRDO is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MU vs. CRDO - Dividend Comparison

MU's dividend yield for the trailing twelve months is around 0.13%, while CRDO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
MU Micron Technology, Inc.	0.13%	0.16%	0.55%	0.54%	0.89%	0.21%
CRDO Credo Technology Group Holding Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

MU vs. CRDO - Drawdown Comparison

The maximum MU drawdown since its inception was -98.25%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for MU and CRDO.

Drawdown Indicators

	MU	CRDO	Difference
Max Drawdown Largest peak-to-trough decline	-98.25%	-62.04%	-36.21%
Max Drawdown (1Y) Largest decline over 1 year	-30.28%	-53.59%	+23.31%
Max Drawdown (5Y) Largest decline over 5 years	-57.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.63%	—	—
Current Drawdown Current decline from peak	-20.30%	-49.30%	+29.00%
Average Drawdown Average peak-to-trough decline	-58.45%	-19.76%	-38.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.97%	21.00%	-12.03%

Volatility

MU vs. CRDO - Volatility Comparison

The current volatility for Micron Technology, Inc. (MU) is 23.60%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 26.22%. This indicates that MU experiences smaller price fluctuations and is considered to be less risky than CRDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MU	CRDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.60%	26.22%	-2.62%
Volatility (6M) Calculated over the trailing 6-month period	49.79%	63.19%	-13.40%
Volatility (1Y) Calculated over the trailing 1-year period	65.48%	83.94%	-18.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.97%	80.30%	-30.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.66%	80.30%	-31.64%

Financials

MU vs. CRDO - Profitability Comparison

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

MU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 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%.

CRDO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Credo Technology Group Holding Ltd reported a gross profit of 278.87M and revenue of 407.01M. Therefore, the gross margin over that period was 68.5%.

MU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Micron Technology, Inc. reported an operating income of 16.13B and revenue of 23.86B, resulting in an operating margin of 67.6%.

CRDO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Credo Technology Group Holding Ltd reported an operating income of 149.62M and revenue of 407.01M, resulting in an operating margin of 36.8%.

MU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Micron Technology, Inc. reported a net income of 13.79B and revenue of 23.86B, resulting in a net margin of 57.8%.

CRDO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Credo Technology Group Holding Ltd reported a net income of 157.14M and revenue of 407.01M, resulting in a net margin of 38.6%.