PENG vs. MU

Last updated Jun 4, 2026

PENG (Penguin Solutions, Inc) and MU (Micron Technology, Inc.) are both stocks. Both are in the Technology sector — PENG in Information Technology Services, MU in Semiconductors. Over the past 5 years, PENG returned 24.48%/yr vs 67.58%/yr for MU. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

PENG vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Penguin Solutions, Inc (PENG) and Micron Technology, Inc. (MU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PENG achieves a 265.08% return, which is significantly lower than MU's 278.41% return.

PENG

• 1D: 1.08%
• 1M: 120.40%
• YTD: 265.08%
• 6M: 232.45%
• 1Y: 271.15%
• 3Y*: 46.01%
• 5Y*: 24.48%
• 10Y*: —

MU

• 1D: 1.45%
• 1M: 87.28%
• YTD: 278.41%
• 6M: 361.42%
• 1Y: 958.34%
• 3Y*: 150.98%
• 5Y*: 67.58%
• 10Y*: 56.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PENG vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PENG Penguin Solutions, Inc	265.08%	1.93%	1.37%	27.22%	-58.08%	88.65%	-0.82%	27.74%	-11.87%	150.56%
MU Micron Technology, Inc.	278.41%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	41.84%

Correlation

The correlation between PENG and MU 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 (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since May 25, 2017	0.57

The correlation between PENG and MU shifts across timeframes, from 0.42 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS PENG : $1.50 MU : $21.26
PE Ratio PENG : 47.69 MU : 50.79
PEG Ratio PENG : 21.40 MU : 0.19
PS Ratio PENG : 1.93 MU : 21.07
Total Revenue (TTM) PENG : $1.35B MU : $58.12B
Gross Profit (TTM) PENG : $381.14M MU : $33.96B
EBITDA (TTM) PENG : $82.22M MU : $25.99B

Return for Risk

PENG vs. MU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PENG

PENG Risk / Return Rank: 94
PENG Sharpe Ratio Rank: 98
PENG Sortino Ratio Rank: 95
PENG Omega Ratio Rank: 95
PENG Calmar Ratio Rank: 94
PENG Martin Ratio Rank: 89

MU

MU Risk / Return Rank: 99
MU Sharpe Ratio Rank: 100
MU Sortino Ratio Rank: 99
MU Omega Ratio Rank: 99
MU Calmar Ratio Rank: 100
MU Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PENG vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Penguin Solutions, Inc (PENG) 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.

	PENG	MU	Difference
Sharpe ratio Return per unit of total volatility	4.57	14.69	-10.12
Sortino ratio Return per unit of downside risk	4.25	7.32	-3.07
Omega ratio Gain probability vs. loss probability	1.60	1.94	-0.33
Calmar ratio Return relative to maximum drawdown	6.13	31.98	-25.86
Martin ratio Return relative to average drawdown	11.82	126.47	-114.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PENG vs. MU - Sharpe Ratio Comparison

The current PENG Sharpe Ratio is 4.57, which is lower than the MU Sharpe Ratio of 14.69. The chart below compares the historical Sharpe Ratios of PENG and MU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PENG	MU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.57	14.69	-10.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	1.30	-0.88
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.31	+0.17

Drawdowns

PENG vs. MU - Drawdown Comparison

The maximum PENG drawdown since its inception was -68.72%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for PENG and MU.

Drawdown Indicators

	PENG	MU	Difference
Max Drawdown Largest peak-to-trough decline	-68.72%	-98.25%	+29.53%
Max Drawdown (1Y) Largest decline over 1 year	-44.57%	-30.28%	-14.29%
Max Drawdown (3Y) Largest decline over 3 years	-54.84%	-57.63%	+2.79%
Max Drawdown (5Y) Largest decline over 5 years	-65.40%	-57.63%	-7.77%
Max Drawdown (10Y) Largest decline over 10 years	—	-57.63%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-37.44%	-58.20%	+20.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.05%	7.64%	+15.41%

Volatility

PENG vs. MU - Volatility Comparison

The current volatility for Penguin Solutions, Inc (PENG) is 25.39%, while Micron Technology, Inc. (MU) has a volatility of 28.51%. This indicates that PENG 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.

Volatility by Period

	PENG	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.39%	28.51%	-3.12%
Volatility (6M) Calculated over the trailing 6-month period	47.40%	53.48%	-6.08%
Volatility (1Y) Calculated over the trailing 1-year period	59.99%	66.00%	-6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.80%	52.31%	+6.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.27%	49.66%	+12.61%

Dividends

PENG vs. MU - Dividend Comparison

PENG 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%
PENG Penguin Solutions, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

PENG vs. MU - Profitability Comparison

The chart below illustrates the profitability comparison between Penguin Solutions, Inc and Micron Technology, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PENG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Penguin Solutions, Inc reported a gross profit of 93.70M and revenue of 343.00M. Therefore, the gross margin over that period was 27.3%.

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%.

PENG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Penguin Solutions, Inc reported an operating income of 25.69M and revenue of 343.00M, resulting in an operating margin of 7.5%.

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%.

PENG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Penguin Solutions, Inc reported a net income of 37.45M and revenue of 343.00M, resulting in a net margin of 10.9%.

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

Can I hold both PENG and MU in my portfolio?

PENG and MU 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.

Which is riskier, PENG or MU?

MU has higher volatility (28.51%) compared to PENG (25.39%). In terms of maximum drawdown, PENG dropped -68.72% vs MU's -98.25%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (14.69 vs 4.57), 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.