MU vs. GPIX
MU (Micron Technology, Inc.) is a stock, while GPIX (Goldman Sachs S&P 500 Premium Income ETF) is Derivative Income fund actively managed by Goldman Sachs. Over the past year, MU returned 758.76% vs 20.01% for GPIX. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
MU vs. GPIX - Performance Comparison
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Returns By Period
In the year-to-date period, MU achieves a 240.34% return, which is significantly higher than GPIX's 10.21% return.
MU
- 1D
- 12.17%
- 1M
- -14.38%
- 6M
- 166.13%
- YTD
- 240.34%
- 1Y
- 758.76%
- 3Y*
- 146.36%
- 5Y*
- 67.49%
- 10Y*
- 54.16%
- ALL TIME*
- 17.59%
GPIX
- 1D
- 0.73%
- 1M
- 0.48%
- 6M
- 10.71%
- YTD
- 10.21%
- 1Y
- 20.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 23.05%
MU vs. GPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MU Micron Technology, Inc. | 240.34% | 240.24% | -0.96% | 28.50% |
GPIX Goldman Sachs S&P 500 Premium Income ETF | 10.21% | 16.25% | 21.77% | 13.04% |
Correlation
The correlation between MU and GPIX is 0.54, 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 | 0.54 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.54 |
The correlation between MU and GPIX has been stable across timeframes, ranging from 0.54 to 0.54 - a consistent structural relationship.
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Return for Risk
MU vs. GPIX — Risk / Return Rank
MU
GPIX
MU vs. GPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Goldman Sachs S&P 500 Premium Income ETF (GPIX). 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 | GPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.70 | 1.34 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 25.31 | 2.61 | +22.70 |
| Martin ratioReturn relative to average drawdown | 84.73 | 12.45 | +72.28 |
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Drawdowns
MU vs. GPIX - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for MU and GPIX.
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Drawdown Indicators
| MU | GPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -17.50% | -80.75% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -7.71% | -22.57% |
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 | -19.99% | -0.59% | -19.40% |
Average DrawdownAverage peak-to-trough decline | -58.05% | -1.46% | -56.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.03% | 1.61% | +7.42% |
Volatility
MU vs. GPIX - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 32.09% compared to Goldman Sachs S&P 500 Premium Income ETF (GPIX) at 2.77%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than GPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | GPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.09% | 2.77% | +29.32% |
Volatility (6M)Calculated over the trailing 6-month period | 63.69% | 8.91% | +54.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.22% | 10.93% | +66.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.26% | 13.76% | +41.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.92% | 13.76% | +37.16% |
Dividends
MU vs. GPIX - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, less than GPIX's 8.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.11% | 8.01% | 7.45% | 1.40% | 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 GPIX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (32.09%) compared to GPIX (2.77%). In terms of maximum drawdown, MU dropped -98.25% vs GPIX's -17.50%.
MU currently has the higher Sharpe Ratio (9.93 vs 1.84), 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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