MU vs. OUST
MU (Micron Technology, Inc.) and OUST (Ouster, Inc.) are both stocks. Both are in the Technology sector — MU in Semiconductors, OUST in Electronic Components. Over the past 5 years, MU returned 65.39%/yr vs -20.38%/yr for OUST. At a 0.37 correlation, their price movements are largely independent.
Performance
MU vs. OUST - Performance Comparison
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Returns By Period
In the year-to-date period, MU achieves a 232.74% return, which is significantly higher than OUST's 88.91% 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%
OUST
- 1D
- 3.02%
- 1M
- 62.22%
- YTD
- 88.91%
- 6M
- 60.25%
- 1Y
- 180.19%
- 3Y*
- 93.76%
- 5Y*
- -20.38%
- 10Y*
- —
MU vs. OUST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 232.74% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 50.69% |
OUST Ouster, Inc. | 88.91% | 77.09% | 59.32% | -11.12% | -83.40% | -61.48% | 39.18% |
Correlation
The correlation between MU and OUST is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2020 | 0.37 |
Fundamentals
MU:
$1.08T
OUST:
$2.53B
MU:
$21.26
OUST:
-$0.94
MU:
18.53
OUST:
13.17
MU:
14.94
OUST:
9.17
MU:
$58.12B
OUST:
$185.33M
MU:
$33.96B
OUST:
$90.79M
MU:
$25.99B
OUST:
-$50.85M
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Return for Risk
MU vs. OUST — Risk / Return Rank
MU
OUST
MU vs. OUST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Ouster, Inc. (OUST). 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 | OUST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +9.64 | ||
| Sortino ratioReturn per unit of downside risk | +3.80 | ||
| Omega ratioGain probability vs. loss probability | 1.81 | 1.29 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 25.90 | 3.29 | +22.61 |
| Martin ratioReturn relative to average drawdown | 100.37 | 6.10 | +94.28 |
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 | OUST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 11.44 | 1.80 | +9.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.24 | -0.21 | +1.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | -0.15 | +0.45 |
Drawdowns
MU vs. OUST - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, roughly equal to the maximum OUST drawdown of -98.01%. Use the drawdown chart below to compare losses from any high point for MU and OUST.
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Drawdown Indicators
| MU | OUST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -98.01% | -0.24% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -55.15% | +24.87% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -64.00% | +6.37% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -97.57% | +39.94% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | — | — |
Current DrawdownCurrent decline from peak | -12.07% | -74.84% | +62.77% |
Average DrawdownAverage peak-to-trough decline | -58.19% | -78.08% | +19.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 29.68% | -21.88% |
Volatility
MU vs. OUST - Volatility Comparison
The current volatility for Micron Technology, Inc. (MU) is 34.16%, while Ouster, Inc. (OUST) has a volatility of 40.06%. This indicates that MU experiences smaller price fluctuations and is considered to be less risky than OUST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | OUST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.16% | 40.06% | -5.90% |
Volatility (6M)Calculated over the trailing 6-month period | 56.74% | 67.84% | -11.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.70% | 101.07% | -32.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.91% | 96.60% | -43.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.99% | 95.63% | -45.64% |
Dividends
MU vs. OUST - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, while OUST has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
OUST Ouster, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MU vs. OUST - Financials Comparison
This section allows you to compare key financial metrics between Micron Technology, Inc. and Ouster, Inc.. 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. OUST - 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%.
OUST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ouster, Inc. reported a gross profit of 20.84M and revenue of 48.58M. Therefore, the gross margin over that period was 42.9%.
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%.
OUST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ouster, Inc. reported an operating income of -19.21M and revenue of 48.58M, resulting in an operating margin of -39.6%.
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%.
OUST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ouster, Inc. reported a net income of -17.47M and revenue of 48.58M, resulting in a net margin of -36.0%.
Frequently Asked Questions
MU and OUST have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OUST has higher volatility (40.06%) compared to MU (34.16%). In terms of maximum drawdown, MU dropped -98.25% vs OUST's -98.01%.
MU currently has the higher Sharpe Ratio (11.44 vs 1.80), 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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