FLNC vs. SMCI
FLNC (Fluence Energy, Inc.) and SMCI (Super Micro Computer, Inc.) are both stocks. FLNC operates in Utilities - Renewable (Utilities), while SMCI operates in Computer Hardware (Technology). Over the past 3 years, FLNC returned 1.80%/yr vs 17.96%/yr for SMCI. At a 0.31 correlation, their price movements are largely independent.
Performance
FLNC vs. SMCI - Performance Comparison
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Returns By Period
In the year-to-date period, FLNC achieves a 27.35% return, which is significantly higher than SMCI's 21.15% return.
FLNC
- 1D
- 1.57%
- 1M
- 17.22%
- YTD
- 27.35%
- 6M
- 23.18%
- 1Y
- 332.08%
- 3Y*
- 1.80%
- 5Y*
- —
- 10Y*
- —
SMCI
- 1D
- 15.66%
- 1M
- -0.34%
- YTD
- 21.15%
- 6M
- 14.13%
- 1Y
- -21.76%
- 3Y*
- 17.96%
- 5Y*
- 59.51%
- 10Y*
- 30.26%
FLNC vs. SMCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FLNC Fluence Energy, Inc. | 27.35% | 24.56% | -33.42% | 39.07% | -51.77% | 6.15% |
SMCI Super Micro Computer, Inc. | 21.15% | -3.97% | 7.23% | 246.24% | 86.80% | 24.47% |
Correlation
The correlation between FLNC and SMCI is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | 0.31 |
Fundamentals
FLNC:
$3.33B
SMCI:
$23.89B
FLNC:
-$0.26
SMCI:
$2.70
FLNC:
1.54
SMCI:
0.69
FLNC:
9.03
SMCI:
3.15
FLNC:
$2.58B
SMCI:
$33.70B
FLNC:
$301.68M
SMCI:
$2.83B
FLNC:
$4.46M
SMCI:
$1.47B
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Return for Risk
FLNC vs. SMCI — Risk / Return Rank
FLNC
SMCI
FLNC vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fluence Energy, Inc. (FLNC) 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.
| FLNC | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.83 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.03 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 5.29 | -0.33 | +5.62 |
| Martin ratioReturn relative to average drawdown | 10.57 | -0.55 | +11.11 |
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Drawdowns
FLNC vs. SMCI - Drawdown Comparison
The maximum FLNC drawdown since its inception was -90.40%, which is greater than SMCI's maximum drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for FLNC and SMCI.
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Drawdown Indicators
| FLNC | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.40% | -84.84% | -5.56% |
Max Drawdown (1Y)Largest decline over 1 year | -63.30% | -66.18% | +2.88% |
Max Drawdown (3Y)Largest decline over 3 years | -88.40% | -84.84% | -3.56% |
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 | -33.02% | -70.15% | +37.13% |
Average DrawdownAverage peak-to-trough decline | -53.62% | -32.03% | -21.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.60% | 39.95% | -8.35% |
Volatility
FLNC vs. SMCI - Volatility Comparison
Fluence Energy, Inc. (FLNC) and Super Micro Computer, Inc. (SMCI) have volatilities of 49.21% and 47.00%, 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
| FLNC | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 49.21% | 47.00% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 92.07% | 78.19% | +13.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 127.79% | 87.39% | +40.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.39% | 87.03% | +11.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 98.39% | 71.48% | +26.91% |
Dividends
FLNC vs. SMCI - Dividend Comparison
Neither FLNC nor SMCI has paid dividends to shareholders.
Financials
FLNC vs. SMCI - Financials Comparison
This section allows you to compare key financial metrics between Fluence Energy, Inc. 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
FLNC vs. SMCI - Profitability Comparison
FLNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fluence Energy, Inc. reported a gross profit of 46.63M and revenue of 464.89M. Therefore, the gross margin over that period was 10.0%.
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%.
FLNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fluence Energy, Inc. reported an operating income of -34.94M and revenue of 464.89M, resulting in an operating margin of -7.5%.
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%.
FLNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fluence Energy, Inc. reported a net income of -20.93M and revenue of 464.89M, resulting in a net margin of -4.5%.
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
FLNC and SMCI have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLNC has higher volatility (49.21%) compared to SMCI (47.00%). In terms of maximum drawdown, FLNC dropped -90.40% vs SMCI's -84.84%.
FLNC currently has the higher Sharpe Ratio (2.62 vs -0.25), 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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