MU vs. PZG
MU (Micron Technology, Inc.) and PZG (Paramount Gold Nevada Corp.) are both stocks. MU operates in Semiconductors (Technology), while PZG operates in Gold (Basic Materials). Over the past 10 years, MU returned 55.03%/yr vs -3.20%/yr for PZG. At a 0.10 correlation, their price movements are largely independent.
Performance
MU vs. PZG - 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 PZG's -7.14% return. Over the past 10 years, MU has outperformed PZG with an annualized return of 55.03%, while PZG has yielded a comparatively lower -3.20% annualized 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%
PZG
- 1D
- -1.68%
- 1M
- -18.75%
- YTD
- -7.14%
- 6M
- 1.74%
- 1Y
- 103.90%
- 3Y*
- 59.19%
- 5Y*
- 2.58%
- 10Y*
- -3.20%
MU vs. PZG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 232.74% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
PZG Paramount Gold Nevada Corp. | -7.14% | 268.42% | -8.80% | 8.70% | -50.62% | -40.29% | 51.28% | -6.82% | -36.15% | -26.97% |
Correlation
The correlation between MU and PZG is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 9, 2006 | 0.10 |
Fundamentals
MU:
$1.08T
PZG:
$97.27M
MU:
$21.26
PZG:
-$0.09
MU:
14.94
PZG:
2.75
MU:
$58.12B
PZG:
$0.00
MU:
$33.96B
PZG:
-$892.14K
MU:
$25.99B
PZG:
-$11.01M
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Return for Risk
MU vs. PZG — Risk / Return Rank
MU
PZG
MU vs. PZG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Paramount Gold Nevada Corp. (PZG). 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 | PZG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +10.00 | ||
| Sortino ratioReturn per unit of downside risk | +4.04 | ||
| Omega ratioGain probability vs. loss probability | 1.81 | 1.26 | +0.55 |
| Calmar ratioReturn relative to maximum drawdown | 25.90 | 1.86 | +24.04 |
| Martin ratioReturn relative to average drawdown | 100.37 | 4.65 | +95.72 |
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 | PZG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 11.44 | 1.44 | +10.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.24 | 0.04 | +1.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | -0.05 | +1.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | -0.09 | +0.39 |
Drawdowns
MU vs. PZG - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, roughly equal to the maximum PZG drawdown of -93.81%. Use the drawdown chart below to compare losses from any high point for MU and PZG.
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Drawdown Indicators
| MU | PZG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -93.81% | -4.44% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -56.18% | +25.90% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -56.18% | -1.45% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -74.05% | +16.42% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | -90.14% | +32.51% |
Current DrawdownCurrent decline from peak | -12.07% | -73.53% | +61.46% |
Average DrawdownAverage peak-to-trough decline | -58.19% | -68.57% | +10.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 22.43% | -14.63% |
Volatility
MU vs. PZG - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 34.16% compared to Paramount Gold Nevada Corp. (PZG) at 19.29%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than PZG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | PZG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.16% | 19.29% | +14.87% |
Volatility (6M)Calculated over the trailing 6-month period | 56.74% | 58.36% | -1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.70% | 72.88% | -4.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.91% | 62.90% | -9.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.99% | 60.72% | -10.73% |
Dividends
MU vs. PZG - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, while PZG 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% |
PZG Paramount Gold Nevada Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MU vs. PZG - Financials Comparison
This section allows you to compare key financial metrics between Micron Technology, Inc. and Paramount Gold Nevada Corp.. 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
Frequently Asked Questions
MU and PZG have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (34.16%) compared to PZG (19.29%). In terms of maximum drawdown, MU dropped -98.25% vs PZG's -93.81%.
MU currently has the higher Sharpe Ratio (11.44 vs 1.44), 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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