DELL vs MU: Correlation
Measured on weekly returns over the past three years, Dell Technologies (DELL) and Micron Technology (MU) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DELL and MU?
On 3 years of weekly data the DELL/MU correlation comes out at 0.55, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. The 5-year figure is 0.52, and annualized covariance runs at 2122.6 %².
Among the 29 assets we track against DELL, MU ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MU ahead by 434.7 points (+261.0% versus +695.7%). On a rolling one-year basis the correlation drifted between 0.19 and 0.68, a moderate band.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DELL vs MU: side by side
| DELL (Dell Technologies) | MU (Micron Technology) | |
|---|---|---|
| 1-year return | +261.0% | +695.7% |
| 5-year return | +945.0% | +1211.2% |
| Volatility (ann.) | 61.3% | 63.3% |
| Beta vs S&P 500 | 2.02 | 2.47 |
| Max drawdown (3Y) | -59.6% | -57.6% |
| Market cap | $305.1B | – |
| P/E (trailing) | 36.9 | 21.2 |
| Dividend yield | 0.48% | 0.06% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | DELL | MU |
|---|---|---|
| 2022 | -26.6% | -45.9% |
| 2023 | +95.9% | +71.9% |
| 2024 | +53.0% | -1.0% |
| 2025 | +11.2% | +240.2% |
| 2026 | +278.6% | +227.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DELL and MU good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DELL and MU?
As of 2026-08-27, the correlation of weekly returns between DELL and MU is 0.55 over 3 years, 0.46 over 1 year and 0.52 over 5 years.
Is MU a good diversifier for DELL?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dell-vs-mu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dell-vs-mu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DELL correlations · MU correlations
