IOT vs. AS

Last updated Jun 13, 2026

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

Performance

IOT vs. AS - Performance Comparison

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

Returns By Period

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

IOT

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

AS

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

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

IOT vs. AS - Yearly Performance Comparison

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

Correlation

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

Return for Risk

IOT vs. AS — Risk / Return Rank

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

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

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

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.

IOT vs. AS - Risk-Adjusted Trends Comparison

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

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

IOT vs. AS - Sharpe Ratio Comparison

The current IOT Sharpe Ratio is -0.30, which is lower than the AS Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of IOT and AS, 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

IOT vs. AS - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

IOT vs. AS - Volatility Comparison

Samsara Inc. (IOT) has a higher volatility of 19.99% compared to Amer Sports, Inc (AS) at 10.17%. This indicates that IOT's price experiences larger fluctuations and is considered to be riskier than AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Dividends

IOT vs. AS - Dividend Comparison

Neither IOT nor AS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

IOT vs. AS - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.

Frequently Asked Questions

Can I hold both IOT and AS in my portfolio?

IOT and AS 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, IOT or AS?

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

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.