ARM vs. SMCI
ARM (Arm Holdings plc American Depositary Shares) and SMCI (Super Micro Computer, Inc.) are both stocks. Both are in the Technology sector — ARM in Semiconductors, SMCI in Computer Hardware. Over the past year, ARM returned 145.36% vs -18.51% for SMCI. At a 0.49 correlation, their price movements are largely independent.
Performance
ARM vs. SMCI - Performance Comparison
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Returns By Period
In the year-to-date period, ARM achieves a 235.18% return, which is significantly higher than SMCI's 13.84% return.
ARM
- 1D
- -10.14%
- 1M
- 19.54%
- YTD
- 235.18%
- 6M
- 227.08%
- 1Y
- 145.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SMCI
- 1D
- -6.03%
- 1M
- -6.35%
- YTD
- 13.84%
- 6M
- 8.32%
- 1Y
- -18.51%
- 3Y*
- 15.53%
- 5Y*
- 56.61%
- 10Y*
- 29.45%
ARM vs. SMCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ARM Arm Holdings plc American Depositary Shares | 235.18% | -11.39% | 64.16% | 33.95% |
SMCI Super Micro Computer, Inc. | 13.84% | -3.97% | 7.23% | 4.91% |
Correlation
The correlation between ARM and SMCI is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.49 |
Fundamentals
ARM:
$391.30B
SMCI:
$22.44B
ARM:
$0.85
SMCI:
$2.70
ARM:
432.76
SMCI:
12.33
ARM:
14.85
SMCI:
0.27
ARM:
79.51
SMCI:
0.65
ARM:
47.22
SMCI:
2.96
ARM:
$4.92B
SMCI:
$33.70B
ARM:
$4.66B
SMCI:
$2.83B
ARM:
$1.37B
SMCI:
$1.47B
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Return for Risk
ARM vs. SMCI — Risk / Return Rank
ARM
SMCI
ARM vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arm Holdings plc American Depositary Shares (ARM) and Super Micro Computer, Inc. (SMCI). 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.
| ARM | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.04 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | -0.28 | +3.81 |
| Martin ratioReturn relative to average drawdown | 6.92 | -0.46 | +7.38 |
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Drawdowns
ARM vs. SMCI - Drawdown Comparison
The maximum ARM drawdown since its inception was -53.97%, smaller than the maximum SMCI drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for ARM and SMCI.
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Drawdown Indicators
| ARM | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.97% | -84.84% | +30.87% |
Max Drawdown (1Y)Largest decline over 1 year | -41.47% | -66.18% | +24.71% |
Max Drawdown (3Y)Largest decline over 3 years | — | -84.84% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.84% | — |
Current DrawdownCurrent decline from peak | -16.63% | -71.95% | +55.32% |
Average DrawdownAverage peak-to-trough decline | -21.19% | -32.03% | +10.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.10% | 40.05% | -18.95% |
Volatility
ARM vs. SMCI - Volatility Comparison
The current volatility for Arm Holdings plc American Depositary Shares (ARM) is 35.68%, while Super Micro Computer, Inc. (SMCI) has a volatility of 47.45%. This indicates that ARM experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARM | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.68% | 47.45% | -11.77% |
Volatility (6M)Calculated over the trailing 6-month period | 59.56% | 78.43% | -18.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.84% | 87.43% | -16.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.95% | 87.07% | -10.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.95% | 71.48% | +5.47% |
Dividends
ARM vs. SMCI - Dividend Comparison
Neither ARM nor SMCI has paid dividends to shareholders.
Financials
ARM vs. SMCI - Financials Comparison
This section allows you to compare key financial metrics between Arm Holdings plc American Depositary Shares and Super Micro Computer, 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
ARM vs. SMCI - Profitability Comparison
ARM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arm Holdings plc American Depositary Shares reported a gross profit of 1.39B and revenue of 1.49B. Therefore, the gross margin over that period was 93.1%.
SMCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a gross profit of 1.02B and revenue of 10.24B. Therefore, the gross margin over that period was 10.0%.
ARM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arm Holdings plc American Depositary Shares reported an operating income of 440.00M and revenue of 1.49B, resulting in an operating margin of 29.5%.
SMCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported an operating income of 625.87M and revenue of 10.24B, resulting in an operating margin of 6.1%.
ARM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arm Holdings plc American Depositary Shares reported a net income of 313.00M and revenue of 1.49B, resulting in a net margin of 21.0%.
SMCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a net income of 1.02B and revenue of 10.24B, resulting in a net margin of 9.9%.
Frequently Asked Questions
ARM and SMCI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (47.45%) compared to ARM (35.68%). In terms of maximum drawdown, ARM dropped -53.97% vs SMCI's -84.84%.
ARM currently has the higher Sharpe Ratio (2.07 vs -0.21), 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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