TSEM vs. MU
TSEM (Tower Semiconductor Ltd) and MU (Micron Technology, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, TSEM returned 32.18%/yr vs 51.33%/yr for MU. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
TSEM vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, TSEM achieves a 87.08% return, which is significantly lower than MU's 188.53% return. Over the past 10 years, TSEM has underperformed MU with an annualized return of 32.18%, while MU has yielded a comparatively higher 51.33% annualized return.
TSEM
- 1D
- 4.03%
- 1M
- 0.28%
- 6M
- 63.04%
- YTD
- 87.08%
- 1Y
- 391.76%
- 3Y*
- 79.58%
- 5Y*
- 51.14%
- 10Y*
- 32.18%
- ALL TIME*
- 0.89%
MU
- 1D
- -5.90%
- 1M
- -15.62%
- 6M
- 98.49%
- YTD
- 188.53%
- 1Y
- 685.99%
- 3Y*
- 127.41%
- 5Y*
- 61.18%
- 10Y*
- 51.33%
- ALL TIME*
- 17.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $43.28B | $42.78B | $49.13B | |
| $339.52M | $421.97M | $502.55M |
TSEM vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSEM Tower Semiconductor Ltd | 87.08% | 127.96% | 68.77% | -29.35% | 8.87% | 53.68% | 7.32% | 63.23% | -56.75% | 79.09% |
MU Micron Technology, Inc. | 188.53% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
Correlation
The correlation between TSEM and MU is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 1994 | 0.31 |
The correlation between TSEM and MU shifts across timeframes, from 0.31 (all time) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TSEM:
$24.55B
MU:
$929.52B
TSEM:
$2.15
MU:
$44.42
TSEM:
102.15
MU:
18.53
TSEM:
3.60
MU:
0.07
TSEM:
15.46
MU:
10.36
TSEM:
8.45
MU:
9.33
TSEM:
$1.62B
MU:
$90.27B
TSEM:
$401.63M
MU:
$65.51B
TSEM:
$571.93M
MU:
$44.96B
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Return for Risk
TSEM vs. MU — Risk / Return Rank
TSEM
MU
TSEM vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tower Semiconductor Ltd (TSEM) 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.
| TSEM | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.63 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 9.41 | 16.92 | -7.51 |
| Martin ratioReturn relative to average drawdown | 33.95 | 64.08 | -30.12 |
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Drawdowns
TSEM vs. MU - Drawdown Comparison
The maximum TSEM drawdown since its inception was -99.75%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for TSEM and MU.
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Drawdown Indicators
| TSEM | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.75% | -98.25% | -1.50% |
Max Drawdown (1Y)Largest decline over 1 year | -40.72% | -39.10% | -1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -45.83% | -57.63% | +11.80% |
Max Drawdown (5Y)Largest decline over 5 years | -55.39% | -57.63% | +2.24% |
Max Drawdown (10Y)Largest decline over 10 years | -62.28% | -57.63% | -4.65% |
Current DrawdownCurrent decline from peak | -63.28% | -32.17% | -31.11% |
Average DrawdownAverage peak-to-trough decline | -85.27% | -58.02% | -27.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.26% | 10.31% | +0.95% |
Volatility
TSEM vs. MU - Volatility Comparison
Tower Semiconductor Ltd (TSEM) and Micron Technology, Inc. (MU) have volatilities of 30.62% and 31.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSEM | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.62% | 31.11% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 65.57% | 67.64% | -2.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.83% | 81.13% | -4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.90% | 56.32% | -6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.00% | 51.42% | -6.42% |
Dividends
TSEM vs. MU - Dividend Comparison
TSEM has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MU Micron Technology, Inc. | 0.06% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
TSEM Tower Semiconductor Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TSEM vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Tower Semiconductor Ltd 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
TSEM vs. MU - Profitability Comparison
TSEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Tower Semiconductor Ltd reported a gross profit of 110.95M and revenue of 413.63M. Therefore, the gross margin over that period was 26.8%.
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
TSEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Tower Semiconductor Ltd reported an operating income of 64.57M and revenue of 413.63M, resulting in an operating margin of 15.6%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Micron Technology, Inc. reported an operating income of 33.31B and revenue of 41.46B, resulting in an operating margin of 80.4%.
TSEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Tower Semiconductor Ltd reported a net income of 65.03M and revenue of 413.63M, resulting in a net margin of 15.7%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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
TSEM and MU have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (31.11%) compared to TSEM (30.62%). In terms of maximum drawdown, TSEM dropped -99.75% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (8.17 vs 4.99), 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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