Q vs. MU
Q (Qnity Electronics, Inc) and MU (Micron Technology, Inc.) are both stocks. Both are in the Technology sector — Q in Semiconductor Equipment & Materials, MU in Semiconductors. At a 0.43 correlation, their price movements are largely independent.
Performance
Q vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, Q achieves a 74.17% return, which is significantly lower than MU's 202.85% return.
Q
- 1D
- -8.24%
- 1M
- -4.90%
- YTD
- 74.17%
- 6M
- 73.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MU
- 1D
- -13.25%
- 1M
- 29.62%
- YTD
- 202.85%
- 6M
- 264.52%
- 1Y
- 714.83%
- 3Y*
- 134.88%
- 5Y*
- 60.28%
- 10Y*
- 52.53%
Q vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
Q Qnity Electronics, Inc | 74.17% | -15.76% |
MU Micron Technology, Inc. | 202.85% | 21.66% |
Correlation
The correlation between Q and MU is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025 | 0.43 |
Fundamentals
Q:
$29.87B
MU:
$984.97B
Q:
$3.15
MU:
$21.26
Q:
45.06
MU:
40.65
Q:
70.39
MU:
0.15
Q:
6.02
MU:
16.86
Q:
4.16
MU:
13.59
Q:
$4.95B
MU:
$58.12B
Q:
$1.56B
MU:
$33.96B
Q:
$1.06B
MU:
$25.99B
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Return for Risk
Q vs. MU — Risk / Return Rank
Q
MU
Q vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Qnity Electronics, Inc (Q) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| Q | MU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 10.62 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.15 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.65 | 0.30 | +1.35 |
Drawdowns
Q vs. MU - Drawdown Comparison
The maximum Q drawdown since its inception was -27.12%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for Q and MU.
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Drawdown Indicators
| Q | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.12% | -98.25% | +71.13% |
Max Drawdown (1Y)Largest decline over 1 year | — | -30.28% | — |
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 | -15.58% | -19.97% | +4.39% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -58.19% | +49.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.76% | — |
Volatility
Q vs. MU - Volatility Comparison
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Volatility by Period
| Q | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 33.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 56.29% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 56.52% | 68.01% | -11.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.52% | 52.75% | +3.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.52% | 49.89% | +6.63% |
Dividends
Q vs. MU - Dividend Comparison
Q's dividend yield for the trailing twelve months is around 0.15%, more than MU's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Q Qnity Electronics, Inc | 0.15% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
Q vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Qnity Electronics, 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
Q vs. MU - Profitability Comparison
Q - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported a gross profit of 0.00 and revenue of 1.32B. Therefore, the gross margin over that period was 0.0%.
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%.
Q - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported an operating income of 0.00 and revenue of 1.32B, resulting in an operating margin of 0.0%.
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%.
Q - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported a net income of 162.00M and revenue of 1.32B, resulting in a net margin of 12.3%.
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
Q and MU have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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