SANM vs. SQM
SANM (Sanmina Corporation) and SQM (Sociedad Química y Minera de Chile S.A.) are both stocks. SANM operates in Electronic Components (Technology), while SQM operates in Chemicals (Basic Materials). Over the past 10 years, SANM returned 25.08%/yr vs 16.78%/yr for SQM. At a 0.26 correlation, their price movements are largely independent.
Performance
SANM vs. SQM - Performance Comparison
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Returns By Period
In the year-to-date period, SANM achieves a 64.62% return, which is significantly higher than SQM's 12.46% return. Over the past 10 years, SANM has outperformed SQM with an annualized return of 25.08%, while SQM has yielded a comparatively lower 16.78% annualized return.
SANM
- 1D
- -2.53%
- 1M
- 0.24%
- YTD
- 64.62%
- 6M
- 60.24%
- 1Y
- 169.37%
- 3Y*
- 63.22%
- 5Y*
- 44.58%
- 10Y*
- 25.08%
SQM
- 1D
- -2.73%
- 1M
- -4.59%
- YTD
- 12.46%
- 6M
- 9.33%
- 1Y
- 135.51%
- 3Y*
- 4.92%
- 5Y*
- 15.12%
- 10Y*
- 16.78%
SANM vs. SQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SANM Sanmina Corporation | 64.62% | 98.32% | 47.30% | -10.33% | 38.18% | 30.01% | -6.86% | 42.31% | -27.09% | -9.96% |
SQM Sociedad Química y Minera de Chile S.A. | 12.46% | 89.55% | -39.35% | -18.47% | 71.62% | 6.82% | 89.19% | -27.30% | -32.71% | 115.00% |
Correlation
The correlation between SANM and SQM 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 | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 1993 | 0.26 |
The correlation between SANM and SQM shifts across timeframes, from 0.26 (all time) to 0.37 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SANM:
$13.66B
SQM:
$21.80B
SANM:
$4.72
SQM:
$2.86
SANM:
52.29
SQM:
26.73
SANM:
10.20
SQM:
0.16
SANM:
1.20
SQM:
4.11
SANM:
1.94
SQM:
3.72
SANM:
$11.34B
SQM:
$5.31B
SANM:
$968.36M
SQM:
$1.83B
SANM:
$365.81M
SQM:
$1.75B
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Return for Risk
SANM vs. SQM — Risk / Return Rank
SANM
SQM
SANM vs. SQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sanmina Corporation (SANM) and Sociedad Química y Minera de Chile S.A. (SQM). 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.
| SANM | SQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.21 | 5.90 | -0.69 |
| Martin ratioReturn relative to average drawdown | 12.88 | 16.03 | -3.15 |
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Drawdowns
SANM vs. SQM - Drawdown Comparison
The maximum SANM drawdown since its inception was -99.66%, which is greater than SQM's maximum drawdown of -78.34%. Use the drawdown chart below to compare losses from any high point for SANM and SQM.
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Drawdown Indicators
| SANM | SQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.66% | -78.34% | -21.32% |
Max Drawdown (1Y)Largest decline over 1 year | -32.69% | -23.11% | -9.58% |
Max Drawdown (3Y)Largest decline over 3 years | -32.69% | -61.32% | +28.63% |
Max Drawdown (5Y)Largest decline over 5 years | -33.92% | -69.76% | +35.84% |
Max Drawdown (10Y)Largest decline over 10 years | -55.85% | -72.98% | +17.13% |
Current DrawdownCurrent decline from peak | -30.21% | -21.96% | -8.25% |
Average DrawdownAverage peak-to-trough decline | -71.39% | -30.31% | -41.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.20% | 8.49% | +4.71% |
Volatility
SANM vs. SQM - Volatility Comparison
Sanmina Corporation (SANM) has a higher volatility of 19.07% compared to Sociedad Química y Minera de Chile S.A. (SQM) at 14.60%. This indicates that SANM's price experiences larger fluctuations and is considered to be riskier than SQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SANM | SQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.07% | 14.60% | +4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 49.01% | 36.42% | +12.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.39% | 51.38% | +17.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.60% | 49.84% | -5.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.09% | 46.15% | -4.06% |
Dividends
SANM vs. SQM - Dividend Comparison
SANM has not paid dividends to shareholders, while SQM's dividend yield for the trailing twelve months is around 1.51%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SANM Sanmina Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SQM Sociedad Química y Minera de Chile S.A. | 1.51% | 0.18% | 0.59% | 8.34% | 9.66% | 3.92% | 1.64% | 4.55% | 5.37% | 2.73% | 4.77% | 2.00% |
Financials
SANM vs. SQM - Financials Comparison
This section allows you to compare key financial metrics between Sanmina Corporation and Sociedad Química y Minera de Chile S.A.. 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
SANM vs. SQM - Profitability Comparison
SANM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported a gross profit of 354.98M and revenue of 4.01B. Therefore, the gross margin over that period was 8.9%.
SQM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sociedad Química y Minera de Chile S.A. reported a gross profit of 778.60M and revenue of 1.76B. Therefore, the gross margin over that period was 44.2%.
SANM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported an operating income of 157.01M and revenue of 4.01B, resulting in an operating margin of 3.9%.
SQM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sociedad Química y Minera de Chile S.A. reported an operating income of 729.70M and revenue of 1.76B, resulting in an operating margin of 41.5%.
SANM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported a net income of 93.65M and revenue of 4.01B, resulting in a net margin of 2.3%.
SQM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sociedad Química y Minera de Chile S.A. reported a net income of 364.70M and revenue of 1.76B, resulting in a net margin of 20.7%.
Frequently Asked Questions
SANM and SQM 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.
SANM has higher volatility (19.07%) compared to SQM (14.60%). In terms of maximum drawdown, SANM dropped -99.66% vs SQM's -78.34%.
SQM currently has the higher Sharpe Ratio (2.66 vs 2.49), 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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