MU vs. ZBRA
MU (Micron Technology, Inc.) and ZBRA (Zebra Technologies Corporation) are both stocks. Both are in the Technology sector — MU in Semiconductors, ZBRA in Communication Equipment. Over the past 10 years, MU returned 55.83%/yr vs 15.25%/yr for ZBRA. At a 0.33 correlation, their price movements are largely independent.
Performance
MU vs. ZBRA - 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 ZBRA's -5.93% return. Over the past 10 years, MU has outperformed ZBRA with an annualized return of 55.83%, while ZBRA has yielded a comparatively lower 15.25% annualized return.
MU
- 1D
- -1.43%
- 1M
- 22.15%
- YTD
- 244.07%
- 6M
- 307.41%
- 1Y
- 746.93%
- 3Y*
- 144.69%
- 5Y*
- 66.21%
- 10Y*
- 55.83%
ZBRA
- 1D
- 2.69%
- 1M
- -7.43%
- YTD
- -5.93%
- 6M
- -14.89%
- 1Y
- -21.96%
- 3Y*
- -6.94%
- 5Y*
- -14.79%
- 10Y*
- 15.25%
MU vs. ZBRA - 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% |
ZBRA Zebra Technologies Corporation | -5.93% | -37.13% | 41.30% | 6.60% | -56.92% | 54.87% | 50.46% | 60.42% | 53.40% | 21.04% |
Correlation
The correlation between MU and ZBRA is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 1991 | 0.33 |
The correlation between MU and ZBRA shifts across timeframes, from 0.21 (1 year) to 0.45 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MU:
$1.12T
ZBRA:
$11.57B
MU:
$21.26
ZBRA:
$8.16
MU:
46.18
ZBRA:
27.99
MU:
19.16
ZBRA:
2.10
MU:
15.44
ZBRA:
3.33
MU:
$58.12B
ZBRA:
$5.58B
MU:
$33.96B
ZBRA:
$2.65B
MU:
$25.99B
ZBRA:
$1.02B
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Return for Risk
MU vs. ZBRA — Risk / Return Rank
MU
ZBRA
MU vs. ZBRA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Micron Technology, Inc. (MU) and Zebra Technologies Corporation (ZBRA). 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 | ZBRA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +11.35 | ||
| Sortino ratioReturn per unit of downside risk | +6.65 | ||
| Omega ratioGain probability vs. loss probability | 1.78 | 0.94 | +0.85 |
| Calmar ratioReturn relative to maximum drawdown | 24.91 | -0.53 | +25.44 |
| Martin ratioReturn relative to average drawdown | 94.64 | -0.90 | +95.54 |
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Drawdowns
MU vs. ZBRA - Drawdown Comparison
The maximum MU drawdown since its inception was -98.25%, which is greater than ZBRA's maximum drawdown of -73.42%. Use the drawdown chart below to compare losses from any high point for MU and ZBRA.
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Drawdown Indicators
| MU | ZBRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.25% | -73.42% | -24.83% |
Max Drawdown (1Y)Largest decline over 1 year | -30.28% | -41.62% | +11.34% |
Max Drawdown (3Y)Largest decline over 3 years | -57.63% | -52.67% | -4.96% |
Max Drawdown (5Y)Largest decline over 5 years | -57.63% | -67.78% | +10.15% |
Max Drawdown (10Y)Largest decline over 10 years | -57.63% | -67.78% | +10.15% |
Current DrawdownCurrent decline from peak | -9.07% | -62.83% | +53.76% |
Average DrawdownAverage peak-to-trough decline | -58.16% | -27.71% | -30.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 24.36% | -16.41% |
Volatility
MU vs. ZBRA - Volatility Comparison
Micron Technology, Inc. (MU) has a higher volatility of 32.86% compared to Zebra Technologies Corporation (ZBRA) at 14.63%. This indicates that MU's price experiences larger fluctuations and is considered to be riskier than ZBRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MU | ZBRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.86% | 14.63% | +18.23% |
Volatility (6M)Calculated over the trailing 6-month period | 57.74% | 31.30% | +26.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.66% | 42.22% | +27.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.18% | 40.49% | +12.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.12% | 39.38% | +10.74% |
Dividends
MU vs. ZBRA - Dividend Comparison
MU's dividend yield for the trailing twelve months is around 0.05%, while ZBRA 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% |
ZBRA Zebra Technologies Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MU vs. ZBRA - Financials Comparison
This section allows you to compare key financial metrics between Micron Technology, Inc. and Zebra Technologies Corporation. 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. ZBRA - 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%.
ZBRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported a gross profit of 742.00M and revenue of 1.50B. Therefore, the gross margin over that period was 49.6%.
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%.
ZBRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported an operating income of 215.00M and revenue of 1.50B, resulting in an operating margin of 14.4%.
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%.
ZBRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported a net income of 135.00M and revenue of 1.50B, resulting in a net margin of 9.0%.
Frequently Asked Questions
MU and ZBRA have a correlation of 0.21, 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 ZBRA (14.63%). In terms of maximum drawdown, MU dropped -98.25% vs ZBRA's -73.42%.
MU currently has the higher Sharpe Ratio (10.83 vs -0.52), 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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