MU vs. DGRO

Last updated Jun 9, 2026

MU (Micron Technology, Inc.) is a stock, while DGRO (iShares Core Dividend Growth ETF) is Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Over the past 10 years, MU returned 55.03%/yr vs 13.26%/yr for DGRO. At a 0.47 correlation, their price movements are largely independent.

Performance

MU vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Micron Technology, Inc. (MU) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MU achieves a 232.74% return, which is significantly higher than DGRO's 8.47% return. Over the past 10 years, MU has outperformed DGRO with an annualized return of 55.03%, while DGRO has yielded a comparatively lower 13.26% annualized return.

MU

• 1D: 9.87%
• 1M: 27.11%
• YTD: 232.74%
• 6M: 284.77%
• 1Y: 776.52%
• 3Y*: 144.94%
• 5Y*: 65.39%
• 10Y*: 55.03%

DGRO

• 1D: -0.29%
• 1M: 2.67%
• YTD: 8.47%
• 6M: 9.27%
• 1Y: 21.90%
• 3Y*: 16.63%
• 5Y*: 10.64%
• 10Y*: 13.26%

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

MU vs. DGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MU Micron Technology, Inc.	232.74%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	87.59%
DGRO iShares Core Dividend Growth ETF	8.47%	15.69%	16.62%	10.47%	-7.91%	26.64%	9.50%	29.87%	-2.38%	23.00%

Correlation

The correlation between MU and DGRO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jun 13, 2014	0.47

Over the past year, the correlation between MU and DGRO has dropped to 0.16 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.

Return for Risk

MU vs. DGRO — Risk / Return Rank

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

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

DGRO

DGRO Risk / Return Rank: 78
DGRO Sharpe Ratio Rank: 80
DGRO Sortino Ratio Rank: 84
DGRO Omega Ratio Rank: 78
DGRO Calmar Ratio Rank: 74
DGRO Martin Ratio Rank: 76

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. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and iShares Core Dividend Growth ETF (DGRO). 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	DGRO	Difference
Sharpe ratio: Return per unit of total volatility	11.44	2.32	+9.12
Sortino ratio: Return per unit of downside risk	6.27	3.37	+2.90
Omega ratio: Gain probability vs. loss probability	1.81	1.42	+0.39
Calmar ratio: Return relative to maximum drawdown	25.90	3.40	+22.50
Martin ratio: Return relative to average drawdown	100.37	13.12	+87.25
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. DGRO - Sharpe Ratio Comparison

The current MU Sharpe Ratio is 11.44, which is higher than the DGRO Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of MU and DGRO, 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

	MU	DGRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	11.44	2.32	+9.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.24	0.77	+0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.11	0.80	+0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.76	-0.46

Drawdowns

MU vs. DGRO - Drawdown Comparison

The maximum MU drawdown since its inception was -98.25%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for MU and DGRO.

Drawdown Indicators

	MU	DGRO	Difference
Max Drawdown Largest peak-to-trough decline	-98.25%	-35.10%	-63.15%
Max Drawdown (1Y) Largest decline over 1 year	-30.28%	-6.47%	-23.81%
Max Drawdown (3Y) Largest decline over 3 years	-57.63%	-14.03%	-43.60%
Max Drawdown (5Y) Largest decline over 5 years	-57.63%	-19.31%	-38.32%
Max Drawdown (10Y) Largest decline over 10 years	-57.63%	-35.10%	-22.53%
Current Drawdown Current decline from peak	-12.07%	-1.07%	-11.00%
Average Drawdown Average peak-to-trough decline	-58.19%	-3.44%	-54.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.80%	1.67%	+6.13%

Volatility

MU vs. DGRO - Volatility Comparison

Micron Technology, Inc. (MU) has a higher volatility of 34.16% compared to iShares Core Dividend Growth ETF (DGRO) at 2.32%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MU	DGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.16%	2.32%	+31.84%
Volatility (6M) Calculated over the trailing 6-month period	56.74%	6.95%	+49.79%
Volatility (1Y) Calculated over the trailing 1-year period	68.70%	9.52%	+59.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.91%	13.82%	+39.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.99%	16.63%	+33.36%

Dividends

MU vs. DGRO - Dividend Comparison

MU's dividend yield for the trailing twelve months is around 0.05%, less than DGRO's 1.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRO iShares Core Dividend Growth ETF	1.96%	2.09%	2.26%	2.45%	2.34%	1.93%	2.30%	2.21%	2.44%	2.03%	2.27%	2.52%
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%

Frequently Asked Questions

Can I hold both MU and DGRO in my portfolio?

MU and DGRO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MU or DGRO?

MU has higher volatility (34.16%) compared to DGRO (2.32%). In terms of maximum drawdown, MU dropped -98.25% vs DGRO's -35.10%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (11.44 vs 2.32), 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.