QXO vs. SMTGY

Last updated Jun 4, 2026

QXO (QXO, Inc) and SMTGY (SMA Solar Technology AG) are both stocks. Both are in the Technology sector — QXO in Software - Application, SMTGY in Solar. Over the past 5 years, QXO returned -18.47%/yr vs 7.63%/yr for SMTGY. At a 0.02 correlation, their price movements are largely independent.

Performance

QXO vs. SMTGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QXO, Inc (QXO) and SMA Solar Technology AG (SMTGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QXO achieves a -14.77% return, which is significantly lower than SMTGY's 88.17% return.

QXO

• 1D: 0.74%
• 1M: -14.02%
• YTD: -14.77%
• 6M: -17.80%
• 1Y: -1.20%
• 3Y*: -6.04%
• 5Y*: -18.47%
• 10Y*: 7.71%

SMTGY

• 1D: 4.22%
• 1M: 19.91%
• YTD: 88.17%
• 6M: 87.48%
• 1Y: 268.67%
• 3Y*: -10.00%
• 5Y*: 7.63%
• 10Y*: —

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

QXO vs. SMTGY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QXO QXO, Inc	-14.77%	21.32%	-86.06%	508.46%	-33.78%	63.72%	0.16%
SMTGY SMA Solar Technology AG	88.17%	201.14%	-78.32%	-10.78%	69.47%	-36.69%	37.50%

Correlation

The correlation between QXO and SMTGY is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (All Time) Calculated using the full available price history since Oct 28, 2020	0.02

Fundamentals

Market Cap QXO : $122.38M SMTGY : $2.65B
EPS QXO : -$1.03 SMTGY : -$0.52
PS Ratio QXO : 0.96 SMTGY : 1.73
PB Ratio QXO : 0.01 SMTGY : 7.25
Total Revenue (TTM) QXO : $8.56B SMTGY : $1.53B
Gross Profit (TTM) QXO : $1.98B SMTGY : $128.89M
EBITDA (TTM) QXO : -$152.95M SMTGY : -$42.60M

Return for Risk

QXO vs. SMTGY — Risk / Return Rank

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

QXO

QXO Risk / Return Rank: 39
QXO Sharpe Ratio Rank: 40
QXO Sortino Ratio Rank: 41
QXO Omega Ratio Rank: 39
QXO Calmar Ratio Rank: 39
QXO Martin Ratio Rank: 39

SMTGY

SMTGY Risk / Return Rank: 95
SMTGY Sharpe Ratio Rank: 96
SMTGY Sortino Ratio Rank: 91
SMTGY Omega Ratio Rank: 95
SMTGY Calmar Ratio Rank: 96
SMTGY Martin Ratio Rank: 96

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.

QXO vs. SMTGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QXO, Inc (QXO) and SMA Solar Technology AG (SMTGY). 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.

	QXO	SMTGY	Difference
Sharpe ratio Return per unit of total volatility	-0.02	3.42	-3.44
Sortino ratio Return per unit of downside risk	0.45	3.32	-2.87
Omega ratio Gain probability vs. loss probability	1.05	1.56	-0.51
Calmar ratio Return relative to maximum drawdown	-0.03	7.47	-7.50
Martin ratio Return relative to average drawdown	-0.06	23.45	-23.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QXO vs. SMTGY - Sharpe Ratio Comparison

The current QXO Sharpe Ratio is -0.02, which is lower than the SMTGY Sharpe Ratio of 3.42. The chart below compares the historical Sharpe Ratios of QXO and SMTGY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QXO	SMTGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	3.42	-3.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	0.10	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.10	-0.05

Drawdowns

QXO vs. SMTGY - Drawdown Comparison

The maximum QXO drawdown since its inception was -95.44%, which is greater than SMTGY's maximum drawdown of -89.48%. Use the drawdown chart below to compare losses from any high point for QXO and SMTGY.

Drawdown Indicators

	QXO	SMTGY	Difference
Max Drawdown Largest peak-to-trough decline	-95.44%	-89.48%	-5.96%
Max Drawdown (1Y) Largest decline over 1 year	-41.08%	-36.24%	-4.84%
Max Drawdown (3Y) Largest decline over 3 years	-95.44%	-89.29%	-6.15%
Max Drawdown (5Y) Largest decline over 5 years	-95.44%	-89.48%	-5.96%
Max Drawdown (10Y) Largest decline over 10 years	-95.44%	—	—
Current Drawdown Current decline from peak	-93.02%	-35.08%	-57.94%
Average Drawdown Average peak-to-trough decline	-56.34%	-48.27%	-8.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.82%	11.51%	+8.31%

Volatility

QXO vs. SMTGY - Volatility Comparison

The current volatility for QXO, Inc (QXO) is 16.10%, while SMA Solar Technology AG (SMTGY) has a volatility of 22.81%. This indicates that QXO experiences smaller price fluctuations and is considered to be less risky than SMTGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QXO	SMTGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.10%	22.81%	-6.71%
Volatility (6M) Calculated over the trailing 6-month period	46.44%	47.66%	-1.22%
Volatility (1Y) Calculated over the trailing 1-year period	60.14%	79.32%	-19.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.36%	74.36%	+71.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	123.57%	85.91%	+37.66%

Dividends

QXO vs. SMTGY - Dividend Comparison

Neither QXO nor SMTGY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QXO QXO, Inc	0.00%	0.00%	164.53%	1.17%	0.00%	13.42%	31.47%	1.15%	0.00%	1.89%	2.00%
SMTGY SMA Solar Technology AG	0.00%	0.00%	4.01%	0.00%	0.00%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

QXO vs. SMTGY - Profitability Comparison

The chart below illustrates the profitability comparison between QXO, Inc and SMA Solar Technology AG over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

QXO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a gross profit of 409.30M and revenue of 1.73B. Therefore, the gross margin over that period was 23.7%.

SMTGY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SMA Solar Technology AG reported a gross profit of 87.89M and revenue of 346.53M. Therefore, the gross margin over that period was 25.4%.

QXO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported an operating income of -251.90M and revenue of 1.73B, resulting in an operating margin of -14.6%.

SMTGY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SMA Solar Technology AG reported an operating income of 15.24M and revenue of 346.53M, resulting in an operating margin of 4.4%.

QXO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a net income of -227.10M and revenue of 1.73B, resulting in a net margin of -13.1%.

SMTGY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SMA Solar Technology AG reported a net income of -1.65M and revenue of 346.53M, resulting in a net margin of -0.5%.

Frequently Asked Questions

Can I hold both QXO and SMTGY in my portfolio?

QXO and SMTGY have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QXO or SMTGY?

SMTGY has higher volatility (22.81%) compared to QXO (16.10%). In terms of maximum drawdown, QXO dropped -95.44% vs SMTGY's -89.48%.

Which has better risk-adjusted returns?

SMTGY currently has the higher Sharpe Ratio (3.42 vs -0.02), 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.