RIVN vs. SMCI

Last updated Jun 3, 2026

RIVN (Rivian Automotive, Inc.) and SMCI (Super Micro Computer, Inc.) are both stocks. RIVN operates in Auto Manufacturers (Consumer Cyclical), while SMCI operates in Computer Hardware (Technology). Over the past 3 years, RIVN returned 6.09%/yr vs 31.24%/yr for SMCI. At a 0.29 correlation, their price movements are largely independent.

Performance

RIVN vs. SMCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rivian Automotive, Inc. (RIVN) and Super Micro Computer, Inc. (SMCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RIVN achieves a -12.28% return, which is significantly lower than SMCI's 71.40% return.

RIVN

• 1D: 2.01%
• 1M: 15.11%
• YTD: -12.28%
• 6M: 0.35%
• 1Y: 22.62%
• 3Y*: 6.09%
• 5Y*: —
• 10Y*: —

SMCI

• 1D: 7.02%
• 1M: 85.20%
• YTD: 71.40%
• 6M: 52.40%
• 1Y: 21.77%
• 3Y*: 31.24%
• 5Y*: 68.98%
• 10Y*: 34.15%

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

RIVN vs. SMCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RIVN Rivian Automotive, Inc.	-12.28%	48.20%	-43.31%	27.29%	-82.23%	2.94%
SMCI Super Micro Computer, Inc.	71.40%	-3.97%	7.23%	246.24%	86.80%	0.30%

Correlation

The correlation between RIVN and SMCI is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Nov 11, 2021	0.29

Fundamentals

Market Cap RIVN : $21.60B SMCI : $33.79B
EPS RIVN : -$2.90 SMCI : $2.70
PS Ratio RIVN : 3.80 SMCI : 0.98
PB Ratio RIVN : 4.88 SMCI : 4.46
Total Revenue (TTM) RIVN : $5.53B SMCI : $33.70B
Gross Profit (TTM) RIVN : $57.00M SMCI : $2.83B
EBITDA (TTM) RIVN : -$3.18B SMCI : $1.47B

Return for Risk

RIVN vs. SMCI — Risk / Return Rank

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

RIVN

RIVN Risk / Return Rank: 52
RIVN Sharpe Ratio Rank: 53
RIVN Sortino Ratio Rank: 56
RIVN Omega Ratio Rank: 52
RIVN Calmar Ratio Rank: 51
RIVN Martin Ratio Rank: 50

SMCI

SMCI Risk / Return Rank: 50
SMCI Sharpe Ratio Rank: 50
SMCI Sortino Ratio Rank: 52
SMCI Omega Ratio Rank: 53
SMCI Calmar Ratio Rank: 49
SMCI Martin Ratio Rank: 47

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.

RIVN vs. SMCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rivian Automotive, Inc. (RIVN) 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.

	RIVN	SMCI	Difference
Sharpe ratio Return per unit of total volatility	0.36	0.28	+0.08
Sortino ratio Return per unit of downside risk	1.13	0.94	+0.19
Omega ratio Gain probability vs. loss probability	1.12	1.13	-0.01
Calmar ratio Return relative to maximum drawdown	0.45	0.38	+0.06
Martin ratio Return relative to average drawdown	0.89	0.65	+0.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RIVN vs. SMCI - Sharpe Ratio Comparison

The current RIVN Sharpe Ratio is 0.36, which is comparable to the SMCI Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of RIVN and SMCI, 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

	RIVN	SMCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	0.28	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	0.38	-0.79

Drawdowns

RIVN vs. SMCI - Drawdown Comparison

The maximum RIVN drawdown since its inception was -95.12%, which is greater than SMCI's maximum drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for RIVN and SMCI.

Drawdown Indicators

	RIVN	SMCI	Difference
Max Drawdown Largest peak-to-trough decline	-95.12%	-84.84%	-10.28%
Max Drawdown (1Y) Largest decline over 1 year	-42.54%	-66.18%	+23.64%
Max Drawdown (3Y) Largest decline over 3 years	-69.61%	-84.84%	+15.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-84.84%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.84%	—
Current Drawdown Current decline from peak	-89.95%	-57.77%	-32.18%
Average Drawdown Average peak-to-trough decline	-86.37%	-31.93%	-54.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.28%	38.78%	-17.50%

Volatility

RIVN vs. SMCI - Volatility Comparison

The current volatility for Rivian Automotive, Inc. (RIVN) is 14.50%, while Super Micro Computer, Inc. (SMCI) has a volatility of 29.18%. This indicates that RIVN 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.

Volatility by Period

	RIVN	SMCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.50%	29.18%	-14.68%
Volatility (6M) Calculated over the trailing 6-month period	46.74%	66.15%	-19.41%
Volatility (1Y) Calculated over the trailing 1-year period	63.32%	78.86%	-15.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.37%	85.21%	-7.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.37%	70.42%	+6.95%

Dividends

RIVN vs. SMCI - Dividend Comparison

Neither RIVN nor SMCI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

RIVN vs. SMCI - Profitability Comparison

The chart below illustrates the profitability comparison between Rivian Automotive, Inc. and Super Micro Computer, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RIVN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rivian Automotive, Inc. reported a gross profit of 119.00M and revenue of 1.38B. Therefore, the gross margin over that period was 8.6%.

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%.

RIVN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rivian Automotive, Inc. reported an operating income of -881.00M and revenue of 1.38B, resulting in an operating margin of -63.8%.

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%.

RIVN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rivian Automotive, Inc. reported a net income of -416.00M and revenue of 1.38B, resulting in a net margin of -30.1%.

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

Can I hold both RIVN and SMCI in my portfolio?

RIVN and SMCI have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RIVN or SMCI?

SMCI has higher volatility (29.18%) compared to RIVN (14.50%). In terms of maximum drawdown, RIVN dropped -95.12% vs SMCI's -84.84%.

Which has better risk-adjusted returns?

RIVN currently has the higher Sharpe Ratio (0.36 vs 0.28), 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.