MU vs. EGLN.L
MU (Micron Technology, Inc.) is a stock, while EGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price. Over the past 10 years, MU returned 55.03%/yr vs 11.49%/yr for EGLN.L. At a 0.01 correlation, their price movements are largely independent.
Performance
MU vs. EGLN.L - Performance Comparison
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Different Trading Currencies
MU is traded in USD, while EGLN.L is traded in EUR. To make them comparable, the EGLN.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MU achieves a 232.74% return, which is significantly higher than EGLN.L's 0.45% return. Over the past 10 years, MU has outperformed EGLN.L with an annualized return of 55.03%, while EGLN.L has yielded a comparatively lower 11.49% 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%
EGLN.L
- 1D
- -0.22%
- 1M
- -8.17%
- YTD
- 0.45%
- 6M
- 3.04%
- 1Y
- 29.80%
- 3Y*
- 30.05%
- 5Y*
- 17.89%
- 10Y*
- 11.49%
MU vs. EGLN.L - 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% |
EGLN.L iShares Physical Gold ETC | 0.45% | 65.63% | 26.01% | 12.82% | -0.37% | -3.23% | 23.75% | 18.25% | -1.44% | 13.61% |
Correlation
The correlation between MU and EGLN.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | 0.01 |
The correlation between MU and EGLN.L shifts across timeframes, from 0.01 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MU vs. EGLN.L — Risk / Return Rank
MU
EGLN.L
MU vs. EGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and iShares Physical Gold ETC (EGLN.L). 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 | EGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +10.22 | ||
| Sortino ratioReturn per unit of downside risk | +4.63 | ||
| Omega ratioGain probability vs. loss probability | 1.81 | 1.24 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 25.90 | 1.62 | +24.28 |
| Martin ratioReturn relative to average drawdown | 100.37 | 4.27 | +96.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MU | EGLN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 11.44 | 1.21 | +10.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.24 | 0.98 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | 0.67 | +0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.24 | +0.06 |
Drawdowns
MU vs. EGLN.L - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than EGLN.L's maximum drawdown of -59.11%. Use the drawdown chart below to compare losses from any high point for MU and EGLN.L.
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Drawdown Indicators
| MU | EGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -59.11% | -39.14% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -18.36% | -11.92% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -18.36% | -39.27% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -21.26% | -36.37% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | -26.49% | -31.14% |
Current DrawdownCurrent decline from peak | -12.07% | -18.36% | +6.29% |
Average DrawdownAverage peak-to-trough decline | -58.19% | -33.86% | -24.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 6.96% | +0.84% |
Volatility
MU vs. EGLN.L - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 34.16% compared to iShares Physical Gold ETC (EGLN.L) at 5.88%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than EGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | EGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.16% | 5.88% | +28.28% |
Volatility (6M)Calculated over the trailing 6-month period | 56.74% | 21.15% | +35.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.70% | 24.47% | +44.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.91% | 18.32% | +34.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.99% | 17.05% | +32.94% |
Dividends
MU vs. EGLN.L - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, while EGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
EGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Frequently Asked Questions
MU and EGLN.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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