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. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
Q vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, Q achieves a 72.86% return, which is significantly lower than MU's 228.49% return.
Q
- 1D
- -1.96%
- 1M
- -6.42%
- 6M
- 55.25%
- YTD
- 72.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MU
- 1D
- -4.32%
- 1M
- -4.53%
- 6M
- 171.07%
- YTD
- 228.49%
- 1Y
- 653.64%
- 3Y*
- 145.44%
- 5Y*
- 65.03%
- 10Y*
- 53.62%
Q vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
Q Qnity Electronics, Inc | 72.86% | -16.62% |
MU Micron Technology, Inc. | 228.49% | 27.60% |
Correlation
The correlation between Q and MU is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025 | 0.52 |
Fundamentals
Q:
$29.51B
MU:
$1.06T
Q:
$3.15
MU:
$44.42
Q:
44.74
MU:
21.10
Q:
69.88
MU:
0.08
Q:
5.97
MU:
11.79
Q:
4.13
MU:
10.62
Q:
$4.95B
MU:
$90.27B
Q:
$1.56B
MU:
$65.51B
Q:
$1.06B
MU:
$44.96B
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Return for Risk
Q vs. MU — Risk / Return Rank
Q
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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.
| Q | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.67 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 21.79 | — |
| Martin ratioReturn relative to average drawdown | — | 79.32 | — |
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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 | -19.73% | -22.78% | +3.05% |
Average DrawdownAverage peak-to-trough decline | -9.16% | -58.07% | +48.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.55% | — |
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 | — | 33.57% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 62.25% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 58.83% | 76.01% | -17.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.83% | 54.80% | +4.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.83% | 50.67% | +8.16% |
Dividends
Q vs. MU - Dividend Comparison
Q's dividend yield for the trailing twelve months is around 0.16%, 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 | 0.16% | 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 Jul 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 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%.
Q - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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 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%.
Q - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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 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
Q and MU have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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