MU vs. IWM
MU (Micron Technology, Inc.) is a stock, while IWM (iShares Russell 2000 ETF) is Small Cap Blend Equities fund tracking the Russell 2000 Index. Over the past 10 years, MU returned 52.40%/yr vs 10.65%/yr for IWM. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
MU vs. IWM - 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 IWM's 19.24% return. Over the past 10 years, MU has outperformed IWM with an annualized return of 52.40%, while IWM has yielded a comparatively lower 10.65% annualized 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%
IWM
- 1D
- -0.59%
- 1M
- -1.11%
- 6M
- 10.45%
- YTD
- 19.24%
- 1Y
- 32.84%
- 3Y*
- 15.91%
- 5Y*
- 6.97%
- 10Y*
- 10.65%
- ALL TIME*
- 8.76%
MU vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 203.41% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
IWM iShares Russell 2000 ETF | 19.24% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
Correlation
The correlation between MU and IWM is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.54 |
The correlation between MU and IWM has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.
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Return for Risk
MU vs. IWM — Risk / Return Rank
MU
IWM
MU vs. IWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and iShares Russell 2000 ETF (IWM). 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 | IWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.98 | ||
| Sortino ratioReturn per unit of downside risk | +2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.29 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 21.93 | 2.99 | +18.94 |
| Martin ratioReturn relative to average drawdown | 74.09 | 10.54 | +63.55 |
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Drawdowns
MU vs. IWM - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for MU and IWM.
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Drawdown Indicators
| MU | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -59.05% | -39.20% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -11.03% | -19.25% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -27.50% | -30.13% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -31.91% | -25.72% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | -41.13% | -16.50% |
Current DrawdownCurrent decline from peak | -28.67% | -2.71% | -25.96% |
Average DrawdownAverage peak-to-trough decline | -58.05% | -10.72% | -47.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 3.12% | +5.83% |
Volatility
MU vs. IWM - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 30.97% compared to iShares Russell 2000 ETF (IWM) at 3.62%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.97% | 3.62% | +27.35% |
Volatility (6M)Calculated over the trailing 6-month period | 63.14% | 14.17% | +48.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.55% | 19.38% | +57.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.01% | 22.49% | +32.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.78% | 23.00% | +27.78% |
Dividends
MU vs. IWM - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.06%, less than IWM's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 0.91% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MU and IWM have a correlation of 0.45, 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 IWM (3.62%). In terms of maximum drawdown, MU dropped -98.25% vs IWM's -59.05%.
MU currently has the higher Sharpe Ratio (8.69 vs 1.71), 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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