MU vs. QQQI
MU (Micron Technology, Inc.) is a stock, while QQQI (NEOS Nasdaq-100 High Income ETF) is Nasdaq-100 fund actively managed by Neos. Over the past year, MU returned 776.52% vs 25.86% for QQQI. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
MU vs. QQQI - 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 QQQI's 9.93% 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%
QQQI
- 1D
- 1.27%
- 1M
- -0.05%
- YTD
- 9.93%
- 6M
- 9.25%
- 1Y
- 25.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MU vs. QQQI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MU Micron Technology, Inc. | 232.74% | 240.24% | -1.90% |
QQQI NEOS Nasdaq-100 High Income ETF | 9.93% | 18.62% | 19.83% |
Correlation
The correlation between MU and QQQI is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2024 | 0.62 |
The correlation between MU and QQQI has been stable across timeframes, ranging from 0.58 to 0.62 - a consistent structural relationship.
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Return for Risk
MU vs. QQQI — Risk / Return Rank
MU
QQQI
MU vs. QQQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and NEOS Nasdaq-100 High Income ETF (QQQI). 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 | QQQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +9.53 | ||
| Sortino ratioReturn per unit of downside risk | +3.78 | ||
| Omega ratioGain probability vs. loss probability | 1.81 | 1.36 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 25.90 | 2.70 | +23.20 |
| Martin ratioReturn relative to average drawdown | 100.37 | 11.98 | +88.39 |
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 | QQQI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 11.44 | 1.91 | +9.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.24 | — | — |
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 | 1.22 | -0.91 |
Drawdowns
MU vs. QQQI - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for MU and QQQI.
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Drawdown Indicators
| MU | QQQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -20.00% | -78.25% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -9.61% | -20.67% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | — | — |
Current DrawdownCurrent decline from peak | -12.07% | -3.26% | -8.81% |
Average DrawdownAverage peak-to-trough decline | -58.19% | -2.20% | -55.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 2.16% | +5.64% |
Volatility
MU vs. QQQI - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 34.16% compared to NEOS Nasdaq-100 High Income ETF (QQQI) at 5.07%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | QQQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.16% | 5.07% | +29.09% |
Volatility (6M)Calculated over the trailing 6-month period | 56.74% | 10.75% | +45.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.70% | 13.65% | +55.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.91% | 17.25% | +35.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.99% | 17.25% | +32.74% |
Dividends
MU vs. QQQI - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, less than QQQI's 13.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
QQQI NEOS Nasdaq-100 High Income ETF | 13.61% | 13.82% | 12.85% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MU and QQQI have a correlation of 0.58, 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 QQQI (5.07%). In terms of maximum drawdown, MU dropped -98.25% vs QQQI's -20.00%.
MU currently has the higher Sharpe Ratio (11.44 vs 1.91), 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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