MU vs. ECHO

Last updated Jul 1, 2026

MU (Micron Technology, Inc.) and ECHO (EchoStar Corporation) are both stocks. MU operates in Semiconductors (Technology), while ECHO operates in Telecom Services (Communication Services). At a 0.09 correlation, their price movements are largely independent.

Performance

MU vs. ECHO - Performance Comparison

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

Returns By Period

MU

• 1D: 0.79%
• 1M: 18.88%
• YTD: 304.60%
• 6M: 294.62%
• 1Y: 838.79%
• 3Y*: 164.60%
• 5Y*: 71.36%
• 10Y*: 57.63%

ECHO

• 1D: 0.65%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MU vs. ECHO - Yearly Performance Comparison

	2026 (YTD)
MU Micron Technology, Inc.	-4.71%
ECHO EchoStar Corporation	-1.85%

Correlation

The correlation between MU and ECHO is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 23, 2026	0.09

Return for Risk

MU vs. ECHO — 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

ECHO

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

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. ECHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and EchoStar Corporation (ECHO). 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	ECHO	Difference
Sharpe ratio: Return per unit of total volatility	11.39	—	—
Sortino ratio: Return per unit of downside risk	6.02	—	—
Omega ratio: Gain probability vs. loss probability	1.77	—	—
Calmar ratio: Return relative to maximum drawdown	27.98	—	—
Martin ratio: Return relative to average drawdown	108.64	—	—

Drawdowns

MU vs. ECHO - Drawdown Comparison

The maximum MU drawdown since its inception was -98.25%, which is greater than ECHO's maximum drawdown of -6.48%. Use the drawdown chart below to compare losses from any high point for MU and ECHO.

Drawdown Indicators

	MU	ECHO	Difference
Max Drawdown Largest peak-to-trough decline	-98.25%	-6.48%	-91.77%
Max Drawdown (1Y) Largest decline over 1 year	-30.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-57.63%	—	—
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	-4.88%	-2.33%	-2.55%
Average Drawdown Average peak-to-trough decline	-58.10%	-3.67%	-54.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.79%	—	—

Volatility

Volatility by Period

	MU	ECHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	61.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	74.42%	42.51%	+31.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.51%	42.51%	+12.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.53%	42.51%	+8.02%

Dividends

MU vs. ECHO - Dividend Comparison

MU's dividend yield for the trailing twelve months is around 0.04%, while ECHO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
ECHO EchoStar Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MU Micron Technology, Inc.	0.04%	0.16%	0.55%	0.54%	0.89%	0.21%

Financials

Frequently Asked Questions

Can I hold both MU and ECHO in my portfolio?

MU and ECHO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.