NOK vs. MU
NOK (Nokia Corporation) and MU (Micron Technology, Inc.) are both stocks. Both are in the Technology sector — NOK in Communication Equipment, MU in Semiconductors. Over the past 10 years, NOK returned 7.16%/yr vs 52.07%/yr for MU. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
NOK vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, NOK achieves a 42.57% return, which is significantly lower than MU's 206.63% return. Over the past 10 years, NOK has underperformed MU with an annualized return of 7.16%, while MU has yielded a comparatively higher 52.07% annualized return.
NOK
- 1D
- 8.09%
- 1M
- -31.21%
- 6M
- 46.65%
- YTD
- 42.57%
- 1Y
- 125.67%
- 3Y*
- 36.32%
- 5Y*
- 11.17%
- 10Y*
- 7.16%
- ALL TIME*
- 6.92%
MU
- 1D
- 18.36%
- 1M
- -24.21%
- 6M
- 100.82%
- YTD
- 206.63%
- 1Y
- 663.52%
- 3Y*
- 131.39%
- 5Y*
- 63.16%
- 10Y*
- 52.07%
- ALL TIME*
- 17.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $43.96B | $43.06B | $49.16B | |
| $1.05B | $1.01B | $1.46B |
NOK vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOK Nokia Corporation | 42.57% | 50.85% | 34.33% | -23.97% | -24.44% | 59.08% | 5.39% | -34.91% | 30.04% | -0.22% |
MU Micron Technology, Inc. | 206.63% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
Correlation
The correlation between NOK and MU is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.37 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1994 | 0.35 |
Fundamentals
NOK:
$49.04B
MU:
$987.83B
NOK:
€0.13
MU:
$44.42
NOK:
63.06
MU:
19.69
NOK:
2.15
MU:
0.07
NOK:
2.20
MU:
11.01
NOK:
2.17
MU:
9.92
NOK:
€20.27B
MU:
$90.27B
NOK:
€9.00B
MU:
$65.51B
NOK:
€2.15B
MU:
$44.96B
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Return for Risk
NOK vs. MU — Risk / Return Rank
NOK
MU
NOK vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nokia Corporation (NOK) and Micron Technology, Inc. (MU). 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.
| NOK | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.63 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 17.13 | -14.59 |
| Martin ratioReturn relative to average drawdown | 8.63 | 66.15 | -57.52 |
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Drawdowns
NOK vs. MU - Drawdown Comparison
The maximum NOK drawdown since its inception was -95.99%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for NOK and MU.
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Drawdown Indicators
| NOK | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.99% | -98.25% | +2.26% |
Max Drawdown (1Y)Largest decline over 1 year | -49.84% | -39.10% | -10.74% |
Max Drawdown (3Y)Largest decline over 3 years | -49.84% | -57.63% | +7.79% |
Max Drawdown (5Y)Largest decline over 5 years | -50.56% | -57.63% | +7.07% |
Max Drawdown (10Y)Largest decline over 10 years | -62.56% | -57.63% | -4.93% |
Current DrawdownCurrent decline from peak | -69.20% | -27.92% | -41.28% |
Average DrawdownAverage peak-to-trough decline | -64.83% | -58.02% | -6.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.61% | 10.14% | +4.47% |
Volatility
NOK vs. MU - Volatility Comparison
The current volatility for Nokia Corporation (NOK) is 21.80%, while Micron Technology, Inc. (MU) has a volatility of 32.36%. This indicates that NOK experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOK | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.80% | 32.36% | -10.56% |
Volatility (6M)Calculated over the trailing 6-month period | 48.30% | 67.31% | -19.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.85% | 80.86% | -22.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.47% | 56.28% | -17.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.10% | 51.39% | -10.29% |
Dividends
NOK vs. MU - Dividend Comparison
NOK's dividend yield for the trailing twelve months is around 1.79%, more than MU's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOK Nokia Corporation | 1.79% | 2.45% | 3.17% | 3.51% | 1.32% | 0.00% | 0.00% | 3.01% | 4.06% | 4.07% | 6.02% | 2.22% |
Financials
NOK vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Nokia Corporation and Micron Technology, 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
NOK vs. MU - Profitability Comparison
NOK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Nokia Corporation reported a gross profit of 2.15B and revenue of 4.82B. Therefore, the gross margin over that period was 44.6%.
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a gross profit of 35.06B and revenue of 41.46B. Therefore, the gross margin over that period was 84.6%.
NOK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Nokia Corporation reported an operating income of -50.00M and revenue of 4.82B, resulting in an operating margin of -1.0%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported an operating income of 33.31B and revenue of 41.46B, resulting in an operating margin of 80.4%.
NOK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Nokia Corporation reported a net income of 2.00M and revenue of 4.82B, resulting in a net margin of 0.0%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a net income of 28.24B and revenue of 41.46B, resulting in a net margin of 68.1%.
Frequently Asked Questions
NOK and MU have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (32.36%) compared to NOK (21.80%). In terms of maximum drawdown, NOK dropped -95.99% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (8.28 vs 2.15), 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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