MU vs. SWKS
MU (Micron Technology, Inc.) and SWKS (Skyworks Solutions, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, MU returned 55.83%/yr vs 3.56%/yr for SWKS. At a 0.36 correlation, their price movements are largely independent.
Performance
MU vs. SWKS - Performance Comparison
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Returns By Period
In the year-to-date period, MU achieves a 244.07% return, which is significantly higher than SWKS's 19.08% return. Over the past 10 years, MU has outperformed SWKS with an annualized return of 55.83%, while SWKS has yielded a comparatively lower 3.56% annualized return.
MU
- 1D
- -1.43%
- 1M
- 35.46%
- YTD
- 244.07%
- 6M
- 307.41%
- 1Y
- 751.18%
- 3Y*
- 144.69%
- 5Y*
- 66.21%
- 10Y*
- 55.83%
SWKS
- 1D
- 1.70%
- 1M
- 8.88%
- YTD
- 19.08%
- 6M
- 12.75%
- 1Y
- 8.18%
- 3Y*
- -9.23%
- 5Y*
- -12.97%
- 10Y*
- 3.56%
MU vs. SWKS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 244.07% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
SWKS Skyworks Solutions, Inc. | 19.08% | -25.49% | -18.86% | 26.55% | -39.95% | 2.73% | 28.36% | 84.10% | -28.30% | 28.69% |
Correlation
The correlation between MU and SWKS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since May 16, 1989 | 0.36 |
The correlation between MU and SWKS shifts across timeframes, from 0.24 (1 year) to 0.57 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MU:
$1.12T
SWKS:
$11.13B
MU:
$21.26
SWKS:
$2.38
MU:
46.18
SWKS:
31.05
MU:
19.16
SWKS:
2.77
MU:
15.44
SWKS:
1.93
MU:
$58.12B
SWKS:
$4.04B
MU:
$33.96B
SWKS:
$1.66B
MU:
$25.99B
SWKS:
$621.40M
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Return for Risk
MU vs. SWKS — Risk / Return Rank
MU
SWKS
MU vs. SWKS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Skyworks Solutions, Inc. (SWKS). 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 | SWKS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +10.66 | ||
| Sortino ratioReturn per unit of downside risk | +5.61 | ||
| Omega ratioGain probability vs. loss probability | 1.78 | 1.07 | +0.71 |
| Calmar ratioReturn relative to maximum drawdown | 24.91 | 0.20 | +24.71 |
| Martin ratioReturn relative to average drawdown | 94.64 | 0.37 | +94.27 |
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Drawdowns
MU vs. SWKS - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, roughly equal to the maximum SWKS drawdown of -96.12%. Use the drawdown chart below to compare losses from any high point for MU and SWKS.
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Drawdown Indicators
| MU | SWKS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -96.12% | -2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -35.24% | +4.96% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -58.20% | +0.57% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -72.55% | +14.92% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | -72.88% | +15.25% |
Current DrawdownCurrent decline from peak | -9.07% | -57.08% | +48.01% |
Average DrawdownAverage peak-to-trough decline | -58.16% | -55.80% | -2.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 19.08% | -11.13% |
Volatility
MU vs. SWKS - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 32.86% compared to Skyworks Solutions, Inc. (SWKS) at 20.34%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than SWKS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | SWKS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.86% | 20.34% | +12.52% |
Volatility (6M)Calculated over the trailing 6-month period | 57.74% | 35.12% | +22.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.66% | 42.09% | +27.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.18% | 40.67% | +12.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.12% | 40.13% | +9.99% |
Dividends
MU vs. SWKS - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, less than SWKS's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWKS Skyworks Solutions, Inc. | 3.84% | 4.45% | 3.11% | 2.31% | 2.59% | 1.37% | 1.23% | 1.36% | 2.09% | 1.26% | 1.45% | 1.02% |
Financials
MU vs. SWKS - Financials Comparison
This section allows you to compare key financial metrics between Micron Technology, Inc. and Skyworks Solutions, 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. SWKS - 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%.
SWKS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skyworks Solutions, Inc. reported a gross profit of 385.40M and revenue of 943.70M. Therefore, the gross margin over that period was 40.8%.
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%.
SWKS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skyworks Solutions, Inc. reported an operating income of 42.10M and revenue of 943.70M, resulting in an operating margin of 4.5%.
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%.
SWKS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skyworks Solutions, Inc. reported a net income of 35.60M and revenue of 943.70M, resulting in a net margin of 3.8%.
Frequently Asked Questions
MU and SWKS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (32.86%) compared to SWKS (20.34%). In terms of maximum drawdown, MU dropped -98.25% vs SWKS's -96.12%.
MU currently has the higher Sharpe Ratio (10.83 vs 0.17), 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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