NTNX vs. MU
NTNX (Nutanix, Inc.) and MU (Micron Technology, Inc.) are both stocks. Both are in the Technology sector — NTNX in Software - Infrastructure, MU in Semiconductors. Over the past 5 years, NTNX returned 7.13%/yr vs 66.21%/yr for MU. At a 0.35 correlation, their price movements are largely independent.
Performance
NTNX vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, NTNX achieves a -4.60% return, which is significantly lower than MU's 244.07% return.
NTNX
- 1D
- 0.20%
- 1M
- 10.81%
- YTD
- -4.60%
- 6M
- 3.64%
- 1Y
- -33.00%
- 3Y*
- 18.19%
- 5Y*
- 7.13%
- 10Y*
- —
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%
NTNX vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NTNX Nutanix, Inc. | -4.60% | -15.51% | 28.29% | 83.07% | -18.24% | -0.03% | 1.95% | -24.84% | 17.89% | 32.83% |
MU Micron Technology, Inc. | 244.07% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
Correlation
The correlation between NTNX and MU is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2016 | 0.35 |
Over the past year, the correlation between NTNX and MU has dropped to 0.03 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Fundamentals
NTNX:
$14.40B
MU:
$1.12T
NTNX:
$0.93
MU:
$21.26
NTNX:
52.74
MU:
46.18
NTNX:
5.29
MU:
19.16
NTNX:
$2.75B
MU:
$58.12B
NTNX:
$2.39B
MU:
$33.96B
NTNX:
$293.53M
MU:
$25.99B
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Return for Risk
NTNX vs. MU — Risk / Return Rank
NTNX
MU
NTNX vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutanix, Inc. (NTNX) 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.
| NTNX | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.54 | ||
| Sortino ratioReturn per unit of downside risk | -6.97 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.78 | -0.89 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 24.91 | -25.48 |
| Martin ratioReturn relative to average drawdown | -0.96 | 94.64 | -95.59 |
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Drawdowns
NTNX vs. MU - Drawdown Comparison
The maximum NTNX drawdown since its inception was -80.40%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for NTNX and MU.
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Drawdown Indicators
| NTNX | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.40% | -98.25% | +17.85% |
Max Drawdown (1Y)Largest decline over 1 year | -57.58% | -30.28% | -27.30% |
Max Drawdown (3Y)Largest decline over 3 years | -58.58% | -57.63% | -0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -68.71% | -57.63% | -11.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -40.64% | -9.07% | -31.57% |
Average DrawdownAverage peak-to-trough decline | -40.57% | -58.16% | +17.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.53% | 7.95% | +26.58% |
Volatility
NTNX vs. MU - Volatility Comparison
The current volatility for Nutanix, Inc. (NTNX) is 16.68%, while Micron Technology, Inc. (MU) has a volatility of 32.86%. This indicates that NTNX 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
| NTNX | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.68% | 32.86% | -16.18% |
Volatility (6M)Calculated over the trailing 6-month period | 35.92% | 57.74% | -21.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.13% | 69.66% | -23.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.73% | 53.18% | -3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.51% | 50.12% | +8.39% |
Dividends
NTNX vs. MU - Dividend Comparison
NTNX has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
NTNX Nutanix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NTNX vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Nutanix, Inc. 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
NTNX vs. MU - Profitability Comparison
NTNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported a gross profit of 610.68M and revenue of 703.07M. Therefore, the gross margin over that period was 86.9%.
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%.
NTNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported an operating income of 68.56M and revenue of 703.07M, resulting in an operating margin of 9.8%.
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%.
NTNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported a net income of 72.09M and revenue of 703.07M, resulting in a net margin of 10.3%.
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%.
Frequently Asked Questions
NTNX and MU have a correlation of 0.03, 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 NTNX (16.68%). In terms of maximum drawdown, NTNX dropped -80.40% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (10.83 vs -0.72), 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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