MU vs. VOLT
MU (Micron Technology, Inc.) is a stock, while VOLT (Tema Electrification ETF) is Global Equities fund actively managed by Tema. Over the past year, MU returned 655.32% vs 36.60% for VOLT. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
MU vs. VOLT - Performance Comparison
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Returns By Period
In the year-to-date period, MU achieves a 188.53% return, which is significantly higher than VOLT's 28.30% return.
MU
- 1D
- -5.90%
- 1M
- -20.26%
- 6M
- 98.49%
- YTD
- 188.53%
- 1Y
- 655.32%
- 3Y*
- 127.41%
- 5Y*
- 61.18%
- 10Y*
- 51.33%
- ALL TIME*
- 17.06%
VOLT
- 1D
- 1.62%
- 1M
- -8.10%
- 6M
- 15.18%
- YTD
- 28.30%
- 1Y
- 36.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 26.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $43.28B | $42.78B | $49.13B | |
| $11.21M | $11.77M | $15.67M |
MU vs. VOLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MU Micron Technology, Inc. | 188.53% | 240.24% | -15.60% |
VOLT Tema Electrification ETF | 28.30% | 25.92% | -8.98% |
Correlation
The correlation between MU and VOLT is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024 | 0.57 |
The correlation between MU and VOLT has been stable across timeframes, ranging from 0.55 to 0.57 - a consistent structural relationship.
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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 | +6.67 | ||
| Sortino ratioReturn per unit of downside risk | +2.96 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.26 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 16.92 | 2.14 | +14.78 |
| Martin ratioReturn relative to average drawdown | 64.08 | 8.15 | +55.93 |
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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 | -39.10% | -17.22% | -21.88% |
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 | -32.17% | -11.75% | -20.42% |
Average DrawdownAverage peak-to-trough decline | -58.02% | -5.34% | -52.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.31% | 4.50% | +5.81% |
Volatility
MU vs. VOLT - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 31.11% compared to Tema Electrification ETF (VOLT) at 9.95%. 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 | 31.11% | 9.95% | +21.16% |
Volatility (6M)Calculated over the trailing 6-month period | 67.64% | 21.11% | +46.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 81.13% | 24.43% | +56.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.32% | 25.46% | +30.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.42% | 25.46% | +25.96% |
Dividends
MU vs. VOLT - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.06%, less than VOLT's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
VOLT Tema Electrification ETF | 0.36% | 0.46% | 0.01% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MU and VOLT have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (31.11%) compared to VOLT (9.95%). In terms of maximum drawdown, MU dropped -98.25% vs VOLT's -23.40%.
MU currently has the higher Sharpe Ratio (8.17 vs 1.50), 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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