TECB vs. MU
TECB (iShares U.S. Tech Breakthrough Multisector ETF) is Technology Equities fund tracking the NYSE FactSet U.S. Tech Breakthrough Index, while MU (Micron Technology, Inc.) is a stock. Over the past 5 years, TECB returned 11.80%/yr vs 62.98%/yr for MU. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
TECB vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, TECB achieves a 15.26% return, which is significantly lower than MU's 203.41% return.
TECB
- 1D
- -0.07%
- 1M
- -1.77%
- 6M
- 15.72%
- YTD
- 15.26%
- 1Y
- 21.27%
- 3Y*
- 22.33%
- 5Y*
- 11.80%
- 10Y*
- —
- ALL TIME*
- 17.40%
MU
- 1D
- 1.94%
- 1M
- -23.67%
- 6M
- 138.72%
- YTD
- 203.41%
- 1Y
- 657.80%
- 3Y*
- 137.11%
- 5Y*
- 62.98%
- 10Y*
- 52.40%
- ALL TIME*
- 17.23%
TECB vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TECB iShares U.S. Tech Breakthrough Multisector ETF | 15.26% | 14.86% | 24.38% | 57.53% | -34.39% | 19.60% | 39.90% |
MU Micron Technology, Inc. | 203.41% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 31.18% |
Correlation
The correlation between TECB and MU is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2020 | 0.60 |
The correlation between TECB and MU has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.
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Return for Risk
TECB vs. MU — Risk / Return Rank
TECB
MU
TECB vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Breakthrough Multisector ETF (TECB) 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.
| TECB | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.54 | ||
| Sortino ratioReturn per unit of downside risk | -3.56 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.66 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 21.93 | -20.61 |
| Martin ratioReturn relative to average drawdown | 3.69 | 74.09 | -70.40 |
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Drawdowns
TECB vs. MU - Drawdown Comparison
The maximum TECB drawdown since its inception was -41.62%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for TECB and MU.
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Drawdown Indicators
| TECB | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.62% | -98.25% | +56.63% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | -30.28% | +14.04% |
Max Drawdown (3Y)Largest decline over 3 years | -23.91% | -57.63% | +33.72% |
Max Drawdown (5Y)Largest decline over 5 years | -41.62% | -57.63% | +16.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -5.41% | -28.67% | +23.26% |
Average DrawdownAverage peak-to-trough decline | -10.07% | -58.05% | +47.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.77% | 8.95% | -3.18% |
Volatility
TECB vs. MU - Volatility Comparison
The current volatility for iShares U.S. Tech Breakthrough Multisector ETF (TECB) is 5.22%, while Micron Technology, Inc. (MU) has a volatility of 30.97%. This indicates that TECB 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
| TECB | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 30.97% | -25.75% |
Volatility (6M)Calculated over the trailing 6-month period | 15.05% | 63.14% | -48.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.57% | 76.55% | -57.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.75% | 55.01% | -31.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.34% | 50.78% | -25.44% |
Dividends
TECB vs. MU - Dividend Comparison
TECB's dividend yield for the trailing twelve months is around 0.31%, more than MU's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% | 0.00% |
TECB iShares U.S. Tech Breakthrough Multisector ETF | 0.31% | 0.33% | 0.35% | 0.23% | 0.61% | 0.35% | 0.77% |
Frequently Asked Questions
TECB and MU have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (30.97%) compared to TECB (5.22%). In terms of maximum drawdown, TECB dropped -41.62% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (8.69 vs 1.15), 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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