UEC vs. MU

Last updated Jun 9, 2026

UEC (Uranium Energy Corp.) and MU (Micron Technology, Inc.) are both stocks. UEC operates in Uranium (Energy), while MU operates in Semiconductors (Technology). Over the past 10 years, UEC returned 28.85%/yr vs 55.03%/yr for MU. At a 0.25 correlation, their price movements are largely independent.

Performance

UEC vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Uranium Energy Corp. (UEC) 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, UEC achieves a 7.96% return, which is significantly lower than MU's 232.74% return. Over the past 10 years, UEC has underperformed MU with an annualized return of 28.85%, while MU has yielded a comparatively higher 55.03% annualized return.

UEC

• 1D: -0.32%
• 1M: -16.82%
• YTD: 7.96%
• 6M: -7.62%
• 1Y: 101.12%
• 3Y*: 59.63%
• 5Y*: 31.89%
• 10Y*: 28.85%

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)

UEC vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UEC Uranium Energy Corp.	7.96%	74.59%	4.53%	64.95%	15.82%	90.34%	91.47%	-26.46%	-29.38%	58.04%
MU Micron Technology, Inc.	232.74%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	87.59%

Correlation

The correlation between UEC and MU is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Apr 9, 2007	0.25

Fundamentals

Market Cap UEC : $6.10B MU : $1.08T
EPS UEC : -$0.18 MU : $21.26
PS Ratio UEC : 290.85 MU : 18.53
PB Ratio UEC : 4.32 MU : 14.94
Total Revenue (TTM) UEC : $20.20M MU : $58.12B
Gross Profit (TTM) UEC : $5.72M MU : $33.96B
EBITDA (TTM) UEC : -$104.07M MU : $25.99B

Return for Risk

UEC vs. MU — Risk / Return Rank

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

UEC

UEC Risk / Return Rank: 77
UEC Sharpe Ratio Rank: 80
UEC Sortino Ratio Rank: 76
UEC Omega Ratio Rank: 72
UEC Calmar Ratio Rank: 80
UEC Martin Ratio Rank: 76

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.

UEC vs. MU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Uranium Energy Corp. (UEC) 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.

	UEC	MU	Difference
Sharpe ratio: Return per unit of total volatility	1.34	11.44	-10.10
Sortino ratio: Return per unit of downside risk	2.03	6.27	-4.24
Omega ratio: Gain probability vs. loss probability	1.23	1.81	-0.58
Calmar ratio: Return relative to maximum drawdown	2.49	25.90	-23.41
Martin ratio: Return relative to average drawdown	4.89	100.37	-95.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UEC vs. MU - Sharpe Ratio Comparison

The current UEC Sharpe Ratio is 1.34, which is lower than the MU Sharpe Ratio of 11.44. The chart below compares the historical Sharpe Ratios of UEC 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

	UEC	MU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	11.44	-10.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	1.24	-0.81
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	1.11	-0.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.31	-0.27

Drawdowns

UEC vs. MU - Drawdown Comparison

The maximum UEC drawdown since its inception was -97.40%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for UEC and MU.

Drawdown Indicators

	UEC	MU	Difference
Max Drawdown Largest peak-to-trough decline	-97.40%	-98.25%	+0.85%
Max Drawdown (1Y) Largest decline over 1 year	-40.86%	-30.28%	-10.58%
Max Drawdown (3Y) Largest decline over 3 years	-53.49%	-57.63%	+4.14%
Max Drawdown (5Y) Largest decline over 5 years	-63.76%	-57.63%	-6.13%
Max Drawdown (10Y) Largest decline over 10 years	-80.59%	-57.63%	-22.96%
Current Drawdown Current decline from peak	-37.39%	-12.07%	-25.32%
Average Drawdown Average peak-to-trough decline	-62.10%	-58.19%	-3.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.76%	7.80%	+12.96%

Volatility

UEC vs. MU - Volatility Comparison

The current volatility for Uranium Energy Corp. (UEC) is 27.76%, while Micron Technology, Inc. (MU) has a volatility of 34.16%. This indicates that UEC 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

	UEC	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.76%	34.16%	-6.40%
Volatility (6M) Calculated over the trailing 6-month period	56.94%	56.74%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	76.19%	68.70%	+7.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.18%	52.91%	+21.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.61%	49.99%	+23.62%

Dividends

UEC vs. MU - Dividend Comparison

UEC has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025	2024	2023	2022	2021
MU Micron Technology, Inc.	0.05%	0.16%	0.55%	0.54%	0.89%	0.21%
UEC Uranium Energy Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both UEC and MU in my portfolio?

UEC and MU have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UEC or MU?

MU has higher volatility (34.16%) compared to UEC (27.76%). In terms of maximum drawdown, UEC dropped -97.40% vs MU's -98.25%.

Which has better risk-adjusted returns?

MU currently has the higher Sharpe Ratio (11.44 vs 1.34), 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.