QTUM vs. MU

Last updated Jun 9, 2026

QTUM (Defiance Quantum ETF) is Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index, while MU (Micron Technology, Inc.) is a stock. Over the past 5 years, QTUM returned 27.81%/yr vs 65.39%/yr for MU. A 0.71 correlation means they provide meaningful diversification when combined.

Performance

QTUM vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Quantum ETF (QTUM) 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, QTUM achieves a 44.14% return, which is significantly lower than MU's 232.74% return.

QTUM

• 1D: 3.25%
• 1M: 8.85%
• YTD: 44.14%
• 6M: 39.20%
• 1Y: 80.80%
• 3Y*: 48.48%
• 5Y*: 27.81%
• 10Y*: —

MU

• 1D: 9.87%
• 1M: 27.11%
• YTD: 232.74%
• 6M: 284.77%
• 1Y: 776.52%
• 3Y*: 144.94%
• 5Y*: 65.39%
• 10Y*: 55.03%

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

QTUM vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QTUM Defiance Quantum ETF	44.14%	36.65%	50.54%	39.86%	-28.80%	35.18%	42.05%	47.99%	-19.02%
MU Micron Technology, Inc.	232.74%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-35.95%

Correlation

The correlation between QTUM and MU is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Sep 6, 2018	0.71

The correlation between QTUM and MU shifts across timeframes, from 0.60 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QTUM vs. MU — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 89
QTUM Sharpe Ratio Rank: 92
QTUM Sortino Ratio Rank: 84
QTUM Omega Ratio Rank: 85
QTUM Calmar Ratio Rank: 91
QTUM Martin Ratio Rank: 91

MU

MU Risk / Return Rank: 99
MU Sharpe Ratio Rank: 100
MU Sortino Ratio Rank: 99
MU Omega Ratio Rank: 98
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.

QTUM vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) 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.

	QTUM	MU	Difference
Sharpe ratio: Return per unit of total volatility	2.94	11.44	-8.50
Sortino ratio: Return per unit of downside risk	3.42	6.27	-2.85
Omega ratio: Gain probability vs. loss probability	1.47	1.81	-0.35
Calmar ratio: Return relative to maximum drawdown	5.32	25.90	-20.58
Martin ratio: Return relative to average drawdown	19.76	100.37	-80.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTUM vs. MU - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 2.94, which is lower than the MU Sharpe Ratio of 11.44. The chart below compares the historical Sharpe Ratios of QTUM 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

	QTUM	MU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.94	11.44	-8.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	1.24	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.31	+0.72

Drawdowns

QTUM vs. MU - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for QTUM and MU.

Drawdown Indicators

	QTUM	MU	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-98.25%	+59.80%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	-30.28%	+15.02%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	-57.63%	+32.24%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	-57.63%	+19.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-57.63%	—
Current Drawdown Current decline from peak	-6.53%	-12.07%	+5.54%
Average Drawdown Average peak-to-trough decline	-8.25%	-58.19%	+49.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.10%	7.80%	-3.70%

Volatility

QTUM vs. MU - Volatility Comparison

The current volatility for Defiance Quantum ETF (QTUM) is 13.41%, while Micron Technology, Inc. (MU) has a volatility of 34.16%. This indicates that QTUM 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

	QTUM	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.41%	34.16%	-20.75%
Volatility (6M) Calculated over the trailing 6-month period	22.31%	56.74%	-34.43%
Volatility (1Y) Calculated over the trailing 1-year period	27.73%	68.70%	-40.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.85%	52.91%	-26.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.34%	49.99%	-22.65%

Dividends

QTUM vs. MU - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.74%, more than MU's 0.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MU Micron Technology, Inc.	0.05%	0.16%	0.55%	0.54%	0.89%	0.21%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.74%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both QTUM and MU in my portfolio?

QTUM and MU have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTUM or MU?

MU has higher volatility (34.16%) compared to QTUM (13.41%). In terms of maximum drawdown, QTUM dropped -38.45% vs MU's -98.25%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (11.44 vs 2.94), 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.