MU vs. IQE.L
MU (Micron Technology, Inc.) and IQE.L (IQE plc) are both stocks. Both are in the Technology sector — MU in Semiconductors, IQE.L in Semiconductor Equipment & Materials. Over the past 10 years, MU returned 55.83%/yr vs 9.18%/yr for IQE.L. At a 0.16 correlation, their price movements are largely independent.
Performance
MU vs. IQE.L - Performance Comparison
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Different Trading Currencies
MU is traded in USD, while IQE.L is traded in GBp. To make them comparable, the IQE.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 244.07% return, which is significantly lower than IQE.L's 820.79% return. Over the past 10 years, MU has outperformed IQE.L with an annualized return of 55.83%, while IQE.L has yielded a comparatively lower 9.18% annualized return.
MU
- 1D
- -1.43%
- 1M
- 35.46%
- YTD
- 244.07%
- 6M
- 307.41%
- 1Y
- 751.18%
- 3Y*
- 144.69%
- 5Y*
- 66.21%
- 10Y*
- 55.83%
IQE.L
- 1D
- 5.18%
- 1M
- 1.11%
- YTD
- 820.79%
- 6M
- 849.87%
- 1Y
- 345.28%
- 3Y*
- 31.10%
- 5Y*
- -2.65%
- 10Y*
- 9.18%
MU vs. IQE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 244.07% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
IQE.L IQE plc | 820.79% | -51.56% | -55.45% | -48.05% | 28.34% | -53.39% | 54.49% | -21.59% | -55.24% | 294.84% |
Correlation
The correlation between MU and IQE.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | 0.16 |
Fundamentals
MU:
$1.12T
IQE.L:
£452.23M
MU:
$21.26
IQE.L:
-£0.08
MU:
19.16
IQE.L:
2.09
MU:
15.44
IQE.L:
5.04
MU:
$58.12B
IQE.L:
£215.33M
MU:
$33.96B
IQE.L:
£1.21M
MU:
$25.99B
IQE.L:
-£9.08M
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Return for Risk
MU vs. IQE.L — Risk / Return Rank
MU
IQE.L
MU vs. IQE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and IQE plc (IQE.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.
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 | IQE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.38 | ||
| Sortino ratioReturn per unit of downside risk | +2.80 | ||
| Omega ratioGain probability vs. loss probability | 1.78 | 1.42 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 24.91 | 5.65 | +19.26 |
| Martin ratioReturn relative to average drawdown | 94.64 | 10.05 | +84.58 |
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Drawdowns
MU vs. IQE.L - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, roughly equal to the maximum IQE.L drawdown of -97.23%. Use the drawdown chart below to compare losses from any high point for MU and IQE.L.
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Drawdown Indicators
| MU | IQE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -97.23% | -1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -56.47% | +26.19% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -85.80% | +28.17% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -91.16% | +33.53% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | -97.23% | +39.60% |
Current DrawdownCurrent decline from peak | -9.07% | -73.73% | +64.66% |
Average DrawdownAverage peak-to-trough decline | -58.16% | -58.91% | +0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 31.79% | -23.84% |
Volatility
MU vs. IQE.L - Volatility Comparison
The current volatility for Micron Technology, Inc. (MU) is 32.86%, while IQE plc (IQE.L) has a volatility of 48.50%. This indicates that MU experiences smaller price fluctuations and is considered to be less risky than IQE.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 | IQE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.86% | 48.50% | -15.64% |
Volatility (6M)Calculated over the trailing 6-month period | 57.74% | 116.67% | -58.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.66% | 130.27% | -60.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.18% | 81.57% | -28.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.12% | 76.75% | -26.63% |
Dividends
MU vs. IQE.L - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, while IQE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IQE.L IQE plc | 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% |
Financials
MU vs. IQE.L - Financials Comparison
This section allows you to compare key financial metrics between Micron Technology, Inc. and IQE plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MU vs. IQE.L - Profitability Comparison
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported a gross profit of 17.75B and revenue of 23.86B. Therefore, the gross margin over that period was 74.4%.
IQE.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IQE plc reported a gross profit of -1.28M and revenue of 52.05M. Therefore, the gross margin over that period was -2.5%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported an operating income of 16.13B and revenue of 23.86B, resulting in an operating margin of 67.6%.
IQE.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IQE plc reported an operating income of -10.38M and revenue of 52.05M, resulting in an operating margin of -19.9%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Micron Technology, Inc. reported a net income of 13.79B and revenue of 23.86B, resulting in a net margin of 57.8%.
IQE.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IQE plc reported a net income of -10.66M and revenue of 52.05M, resulting in a net margin of -20.5%.
Frequently Asked Questions
MU and IQE.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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