AS vs. IOT

Last updated Jun 13, 2026

AS (Amer Sports, Inc) and IOT (Samsara Inc.) are both stocks. AS operates in Leisure (Consumer Cyclical), while IOT operates in Software - Infrastructure (Technology). Over the past year, AS returned -2.15% vs -14.15% for IOT. At a 0.30 correlation, their price movements are largely independent.

Performance

AS vs. IOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amer Sports, Inc (AS) and Samsara Inc. (IOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AS having a -5.06% return and IOT slightly higher at -5.05%.

AS

• 1D: -0.39%
• 1M: 6.39%
• YTD: -5.06%
• 6M: -7.56%
• 1Y: -2.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IOT

• 1D: 4.34%
• 1M: 20.26%
• YTD: -5.05%
• 6M: -18.68%
• 1Y: -14.15%
• 3Y*: 3.56%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AS vs. IOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AS Amer Sports, Inc	-5.06%	33.58%	108.66%
IOT Samsara Inc.	-5.05%	-18.86%	39.14%

Correlation

The correlation between AS and IOT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	0.30

Fundamentals

Market Cap AS : $20.29B IOT : $19.78B
EPS AS : $0.81 IOT : $0.10
PE Ratio AS : 43.81 IOT : 338.97
PS Ratio AS : 2.85 IOT : 11.26
PB Ratio AS : 3.01 IOT : 13.12
Total Revenue (TTM) AS : $7.04B IOT : $1.73B
Gross Profit (TTM) AS : $4.10B IOT : $1.32B
EBITDA (TTM) AS : $1.02B IOT : -$14.10M

Return for Risk

AS vs. IOT — Risk / Return Rank

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

AS

AS Risk / Return Rank: 36
AS Sharpe Ratio Rank: 38
AS Sortino Ratio Rank: 34
AS Omega Ratio Rank: 34
AS Calmar Ratio Rank: 37
AS Martin Ratio Rank: 37

IOT

IOT Risk / Return Rank: 30
IOT Sharpe Ratio Rank: 30
IOT Sortino Ratio Rank: 30
IOT Omega Ratio Rank: 30
IOT Calmar Ratio Rank: 31
IOT Martin Ratio Rank: 29

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.

AS vs. IOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amer Sports, Inc (AS) and Samsara Inc. (IOT). 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.

	AS	IOT	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	-0.30	+0.17
Sortino ratio: Return per unit of downside risk	0.11	-0.08	+0.19
Omega ratio: Gain probability vs. loss probability	1.01	0.99	+0.02
Calmar ratio: Return relative to maximum drawdown	-0.18	-0.37	+0.19
Martin ratio: Return relative to average drawdown	-0.36	-0.75	+0.39

AS vs. IOT - Sharpe Ratio Comparison

The current AS Sharpe Ratio is -0.13, which is higher than the IOT Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of AS and IOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AS vs. IOT - Drawdown Comparison

The maximum AS drawdown since its inception was -40.71%, smaller than the maximum IOT drawdown of -70.38%. Use the drawdown chart below to compare losses from any high point for AS and IOT.

Drawdown Indicators

	AS	IOT	Difference
Max Drawdown Largest peak-to-trough decline	-40.71%	-70.38%	+29.67%
Max Drawdown (1Y) Largest decline over 1 year	-28.78%	-46.37%	+17.59%
Max Drawdown (3Y) Largest decline over 3 years	—	-60.22%	—
Current Drawdown Current decline from peak	-15.49%	-44.78%	+29.29%
Average Drawdown Average peak-to-trough decline	-13.29%	-31.39%	+18.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.56%	23.26%	-8.70%

Volatility

AS vs. IOT - Volatility Comparison

The current volatility for Amer Sports, Inc (AS) is 10.17%, while Samsara Inc. (IOT) has a volatility of 19.99%. This indicates that AS experiences smaller price fluctuations and is considered to be less risky than IOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AS	IOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.17%	19.99%	-9.82%
Volatility (6M) Calculated over the trailing 6-month period	29.10%	44.50%	-15.40%
Volatility (1Y) Calculated over the trailing 1-year period	41.31%	57.78%	-16.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.55%	65.87%	-16.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.55%	65.87%	-16.32%

Dividends

AS vs. IOT - Dividend Comparison

Neither AS nor IOT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

AS vs. IOT - Profitability Comparison

The chart below illustrates the profitability comparison between Amer Sports, Inc and Samsara Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amer Sports, Inc reported a gross profit of 1.17B and revenue of 1.95B. Therefore, the gross margin over that period was 59.9%.

IOT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Samsara Inc. reported a gross profit of 361.14M and revenue of 478.84M. Therefore, the gross margin over that period was 75.4%.

AS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amer Sports, Inc reported an operating income of 313.30M and revenue of 1.95B, resulting in an operating margin of 16.1%.

IOT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Samsara Inc. reported an operating income of 7.20M and revenue of 478.84M, resulting in an operating margin of 1.5%.

AS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amer Sports, Inc reported a net income of 164.60M and revenue of 1.95B, resulting in a net margin of 8.5%.

IOT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Samsara Inc. reported a net income of 44.51M and revenue of 478.84M, resulting in a net margin of 9.3%.

Frequently Asked Questions

Can I hold both AS and IOT in my portfolio?

AS and IOT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AS or IOT?

IOT has higher volatility (19.99%) compared to AS (10.17%). In terms of maximum drawdown, AS dropped -40.71% vs IOT's -70.38%.

Which has better risk-adjusted returns?

AS currently has the higher Sharpe Ratio (-0.13 vs -0.30), 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.