MU vs. VOLT
MU (Micron Technology, Inc.) is a stock, while VOLT (Tema Electrification ETF) is Energy Equities fund actively managed by Tema. Over the past year, MU returned 751.18% vs 62.39% for VOLT. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
MU vs. VOLT - 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 VOLT's 36.32% 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%
VOLT
- 1D
- 1.28%
- 1M
- -0.71%
- YTD
- 36.32%
- 6M
- 35.03%
- 1Y
- 62.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MU vs. VOLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MU Micron Technology, Inc. | 244.07% | 240.24% | -15.60% |
VOLT Tema Electrification ETF | 36.32% | 25.92% | -8.98% |
Correlation
The correlation between MU and VOLT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024 | 0.52 |
The correlation between MU and VOLT shifts across timeframes, from 0.42 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MU vs. VOLT — Risk / Return Rank
MU
VOLT
MU vs. VOLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Tema Electrification ETF (VOLT). 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 | VOLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.96 | ||
| Sortino ratioReturn per unit of downside risk | +2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.78 | 1.47 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 24.91 | 6.35 | +18.56 |
| Martin ratioReturn relative to average drawdown | 94.64 | 17.90 | +76.73 |
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Drawdowns
MU vs. VOLT - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for MU and VOLT.
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Drawdown Indicators
| MU | VOLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -23.40% | -74.85% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -9.59% | -20.69% |
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 | -9.07% | -4.76% | -4.31% |
Average DrawdownAverage peak-to-trough decline | -58.16% | -5.19% | -52.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 3.40% | +4.55% |
Volatility
MU vs. VOLT - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 32.86% compared to Tema Electrification ETF (VOLT) at 9.23%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than VOLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | VOLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.86% | 9.23% | +23.63% |
Volatility (6M)Calculated over the trailing 6-month period | 57.74% | 18.19% | +39.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.66% | 21.28% | +48.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.18% | 24.40% | +28.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.12% | 24.40% | +25.72% |
Dividends
MU vs. VOLT - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, less than VOLT's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
VOLT Tema Electrification ETF | 0.33% | 0.46% | 0.01% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MU and VOLT have a correlation of 0.42, 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 VOLT (9.23%). In terms of maximum drawdown, MU dropped -98.25% vs VOLT's -23.40%.
MU currently has the higher Sharpe Ratio (10.83 vs 2.87), 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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