MU vs. PIPR
MU (Micron Technology, Inc.) and PIPR (Piper Sandler Companies) are both stocks. MU operates in Semiconductors (Technology), while PIPR operates in Capital Markets (Financial Services). Over the past 10 years, MU returned 54.18%/yr vs 24.78%/yr for PIPR. At a 0.41 correlation, their price movements are largely independent.
Performance
MU vs. PIPR - Performance Comparison
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Returns By Period
In the year-to-date period, MU achieves a 243.32% return, which is significantly higher than PIPR's -13.26% return. Over the past 10 years, MU has outperformed PIPR with an annualized return of 54.18%, while PIPR has yielded a comparatively lower 24.78% annualized return.
MU
- 1D
- -1.24%
- 1M
- -1.65%
- 6M
- 183.94%
- YTD
- 243.32%
- 1Y
- 687.66%
- 3Y*
- 149.71%
- 5Y*
- 66.39%
- 10Y*
- 54.18%
PIPR
- 1D
- -1.82%
- 1M
- -7.47%
- 6M
- -18.42%
- YTD
- -13.26%
- 1Y
- -2.12%
- 3Y*
- 31.32%
- 5Y*
- 21.93%
- 10Y*
- 24.78%
MU vs. PIPR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 243.32% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
PIPR Piper Sandler Companies | -13.26% | 15.52% | 74.24% | 37.78% | -23.41% | 85.33% | 29.64% | 23.88% | -20.69% | 21.22% |
Correlation
The correlation between MU and PIPR 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 | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2004 | 0.41 |
Over the past year, the correlation between MU and PIPR has dropped to 0.21 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
MU:
$1.11T
PIPR:
$4.87B
MU:
$44.42
PIPR:
$3.95
MU:
22.05
PIPR:
18.24
MU:
0.08
PIPR:
1.21
MU:
12.33
PIPR:
2.57
MU:
11.10
PIPR:
3.83
MU:
$90.27B
PIPR:
$2.00B
MU:
$65.51B
PIPR:
$1.95B
MU:
$44.96B
PIPR:
$455.82M
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Return for Risk
MU vs. PIPR — Risk / Return Rank
MU
PIPR
MU vs. PIPR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Piper Sandler Companies (PIPR). 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 | PIPR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +9.36 | ||
| Sortino ratioReturn per unit of downside risk | +5.26 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.02 | +0.67 |
| Calmar ratioReturn relative to maximum drawdown | 23.23 | -0.09 | +23.32 |
| Martin ratioReturn relative to average drawdown | 83.25 | -0.19 | +83.45 |
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Drawdowns
MU vs. PIPR - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than PIPR's maximum drawdown of -76.97%. Use the drawdown chart below to compare losses from any high point for MU and PIPR.
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Drawdown Indicators
| MU | PIPR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -76.97% | -21.28% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -24.56% | -5.72% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -38.78% | -18.85% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -42.30% | -15.33% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | -63.02% | +5.39% |
Current DrawdownCurrent decline from peak | -19.29% | -22.06% | +2.77% |
Average DrawdownAverage peak-to-trough decline | -58.07% | -30.56% | -27.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.43% | 11.45% | -3.02% |
Volatility
MU vs. PIPR - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 33.63% compared to Piper Sandler Companies (PIPR) at 11.17%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than PIPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | PIPR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.63% | 11.17% | +22.46% |
Volatility (6M)Calculated over the trailing 6-month period | 62.19% | 27.76% | +34.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.68% | 35.06% | +40.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.75% | 35.41% | +19.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.65% | 36.54% | +14.11% |
Dividends
MU vs. PIPR - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, less than PIPR's 2.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% |
PIPR Piper Sandler Companies | 2.74% | 1.68% | 1.17% | 2.09% | 5.30% | 3.81% | 1.98% | 1.88% | 4.74% | 1.45% |
Financials
MU vs. PIPR - Financials Comparison
This section allows you to compare key financial metrics between Micron Technology, Inc. and Piper Sandler Companies. 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. PIPR - Profitability Comparison
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a gross profit of 35.06B and revenue of 41.46B. Therefore, the gross margin over that period was 84.6%.
PIPR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported a gross profit of 456.39M and revenue of 475.15M. Therefore, the gross margin over that period was 96.1%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported an operating income of 33.31B and revenue of 41.46B, resulting in an operating margin of 80.4%.
PIPR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported an operating income of 88.67M and revenue of 475.15M, resulting in an operating margin of 18.7%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a net income of 28.24B and revenue of 41.46B, resulting in a net margin of 68.1%.
PIPR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported a net income of 65.24M and revenue of 475.15M, resulting in a net margin of 13.7%.
Frequently Asked Questions
MU and PIPR 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.
MU has higher volatility (33.63%) compared to PIPR (11.17%). In terms of maximum drawdown, MU dropped -98.25% vs PIPR's -76.97%.
MU currently has the higher Sharpe Ratio (9.29 vs -0.06), 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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