MU vs. EMEQ
MU (Micron Technology, Inc.) is a stock, while EMEQ (Nomura Focused Emerging Markets Equity ETF) is Emerging Markets Diversified fund actively managed by Nomura. Over the past year, MU returned 657.80% vs 109.85% for EMEQ. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
MU vs. EMEQ - Performance Comparison
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Returns By Period
In the year-to-date period, MU achieves a 203.41% return, which is significantly higher than EMEQ's 56.90% return.
MU
- 1D
- 1.94%
- 1M
- -23.67%
- 6M
- 138.72%
- YTD
- 203.41%
- 1Y
- 657.80%
- 3Y*
- 137.11%
- 5Y*
- 62.98%
- 10Y*
- 52.40%
- ALL TIME*
- 17.23%
EMEQ
- 1D
- 0.73%
- 1M
- -16.40%
- 6M
- 43.37%
- YTD
- 56.90%
- 1Y
- 109.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 68.21%
MU vs. EMEQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MU Micron Technology, Inc. | 203.41% | 240.24% | -5.52% |
EMEQ Nomura Focused Emerging Markets Equity ETF | 56.90% | 69.78% | -0.73% |
Correlation
The correlation between MU and EMEQ is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024 | 0.65 |
The correlation between MU and EMEQ has been stable across timeframes, ranging from 0.65 to 0.71 - a consistent structural relationship.
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Return for Risk
MU vs. EMEQ — Risk / Return Rank
MU
EMEQ
MU vs. EMEQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Nomura Focused Emerging Markets Equity ETF (EMEQ). 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 | EMEQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.45 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 21.93 | 5.57 | +16.36 |
| Martin ratioReturn relative to average drawdown | 74.09 | 18.27 | +55.83 |
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Drawdowns
MU vs. EMEQ - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than EMEQ's maximum drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for MU and EMEQ.
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Drawdown Indicators
| MU | EMEQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -19.99% | -78.26% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -19.83% | -10.45% |
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 DrawdownCurrent decline from peak | -28.67% | -19.24% | -9.43% |
Average DrawdownAverage peak-to-trough decline | -58.05% | -4.37% | -53.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 6.04% | +2.91% |
Volatility
MU vs. EMEQ - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 30.97% compared to Nomura Focused Emerging Markets Equity ETF (EMEQ) at 17.23%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than EMEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | EMEQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.97% | 17.23% | +13.74% |
Volatility (6M)Calculated over the trailing 6-month period | 63.14% | 36.59% | +26.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.55% | 39.26% | +37.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.01% | 33.67% | +21.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.78% | 33.67% | +17.11% |
Dividends
MU vs. EMEQ - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.06%, less than EMEQ's 1.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
EMEQ Nomura Focused Emerging Markets Equity ETF | 1.76% | 2.76% | 0.84% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Frequently Asked Questions
MU and EMEQ have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (30.97%) compared to EMEQ (17.23%). In terms of maximum drawdown, MU dropped -98.25% vs EMEQ's -19.99%.
MU currently has the higher Sharpe Ratio (8.69 vs 2.82), 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.
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