SIMO vs. SHOO

Last updated Jun 9, 2026

SIMO (Silicon Motion Technology Corporation) and SHOO (Steven Madden, Ltd.) are both stocks. SIMO operates in Semiconductors (Technology), while SHOO operates in Footwear & Accessories (Consumer Cyclical). Over the past 10 years, SIMO returned 22.37%/yr vs 8.85%/yr for SHOO. At a 0.27 correlation, their price movements are largely independent.

Performance

SIMO vs. SHOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Silicon Motion Technology Corporation (SIMO) and Steven Madden, Ltd. (SHOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIMO achieves a 185.61% return, which is significantly higher than SHOO's 10.00% return. Over the past 10 years, SIMO has outperformed SHOO with an annualized return of 22.37%, while SHOO has yielded a comparatively lower 8.85% annualized return.

SIMO

• 1D: 1.74%
• 1M: 3.79%
• YTD: 185.61%
• 6M: 185.14%
• 1Y: 299.59%
• 3Y*: 58.66%
• 5Y*: 35.39%
• 10Y*: 22.37%

SHOO

• 1D: 3.40%
• 1M: 12.11%
• YTD: 10.00%
• 6M: 6.84%
• 1Y: 87.20%
• 3Y*: 13.37%
• 5Y*: 2.86%
• 10Y*: 8.85%

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

SIMO vs. SHOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SIMO Silicon Motion Technology Corporation	185.61%	76.91%	-8.94%	-4.91%	-30.38%	101.83%	-1.81%	51.81%	-33.11%	27.14%
SHOO Steven Madden, Ltd.	10.00%	0.63%	3.21%	34.62%	-29.52%	33.46%	-17.43%	44.42%	-1.19%	30.63%

Correlation

The correlation between SIMO and SHOO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jun 30, 2005	0.27

Fundamentals

Market Cap SIMO : $2.23B SHOO : $3.26B
EPS SIMO : $17.93 SHOO : $1.07
PE Ratio SIMO : 14.68 SHOO : 42.47
PS Ratio SIMO : 2.22 SHOO : 1.23
PB Ratio SIMO : 2.46 SHOO : 3.57
Total Revenue (TTM) SIMO : $997.60M SHOO : $2.63B
Gross Profit (TTM) SIMO : $485.91M SHOO : $1.18B
EBITDA (TTM) SIMO : $146.89M SHOO : $148.60M

Return for Risk

SIMO vs. SHOO — Risk / Return Rank

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

SIMO

SIMO Risk / Return Rank: 98
SIMO Sharpe Ratio Rank: 98
SIMO Sortino Ratio Rank: 98
SIMO Omega Ratio Rank: 97
SIMO Calmar Ratio Rank: 98
SIMO Martin Ratio Rank: 98

SHOO

SHOO Risk / Return Rank: 84
SHOO Sharpe Ratio Rank: 89
SHOO Sortino Ratio Rank: 84
SHOO Omega Ratio Rank: 83
SHOO Calmar Ratio Rank: 82
SHOO Martin Ratio Rank: 83

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.

SIMO vs. SHOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Silicon Motion Technology Corporation (SIMO) and Steven Madden, Ltd. (SHOO). 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.

	SIMO	SHOO	Difference
Sharpe ratio: Return per unit of total volatility	4.33	1.96	+2.37
Sortino ratio: Return per unit of downside risk	4.94	2.54	+2.39
Omega ratio: Gain probability vs. loss probability	1.65	1.33	+0.32
Calmar ratio: Return relative to maximum drawdown	11.49	2.76	+8.73
Martin ratio: Return relative to average drawdown	34.72	7.31	+27.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIMO vs. SHOO - Sharpe Ratio Comparison

The current SIMO Sharpe Ratio is 4.33, which is higher than the SHOO Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of SIMO and SHOO, 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

	SIMO	SHOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.33	1.96	+2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.07	+0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.22	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.20	+0.15

Drawdowns

SIMO vs. SHOO - Drawdown Comparison

The maximum SIMO drawdown since its inception was -93.19%, which is greater than SHOO's maximum drawdown of -77.06%. Use the drawdown chart below to compare losses from any high point for SIMO and SHOO.

Drawdown Indicators

	SIMO	SHOO	Difference
Max Drawdown Largest peak-to-trough decline	-93.19%	-77.06%	-16.13%
Max Drawdown (1Y) Largest decline over 1 year	-26.26%	-31.73%	+5.47%
Max Drawdown (3Y) Largest decline over 3 years	-52.84%	-60.21%	+7.37%
Max Drawdown (5Y) Largest decline over 5 years	-56.49%	-60.21%	+3.72%
Max Drawdown (10Y) Largest decline over 10 years	-56.49%	-60.21%	+3.72%
Current Drawdown Current decline from peak	-14.14%	-4.84%	-9.30%
Average Drawdown Average peak-to-trough decline	-32.38%	-22.85%	-9.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.68%	11.97%	-3.29%

Volatility

SIMO vs. SHOO - Volatility Comparison

Silicon Motion Technology Corporation (SIMO) has a higher volatility of 24.02% compared to Steven Madden, Ltd. (SHOO) at 9.99%. This indicates that SIMO's price experiences larger fluctuations and is considered to be riskier than SHOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIMO	SHOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.02%	9.99%	+14.03%
Volatility (6M) Calculated over the trailing 6-month period	57.44%	30.33%	+27.11%
Volatility (1Y) Calculated over the trailing 1-year period	69.82%	44.82%	+25.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.19%	39.12%	+11.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.17%	40.39%	+4.78%

Dividends

SIMO vs. SHOO - Dividend Comparison

SIMO's dividend yield for the trailing twelve months is around 0.76%, less than SHOO's 2.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SHOO Steven Madden, Ltd.	2.32%	2.02%	1.98%	2.00%	2.63%	1.29%	0.42%	1.33%	1.78%	0.00%	0.00%	0.00%
SIMO Silicon Motion Technology Corporation	0.76%	2.16%	3.70%	0.82%	2.31%	1.62%	2.89%	2.45%	3.45%	1.68%	1.51%	1.88%

Financials

SIMO vs. SHOO - Profitability Comparison

The chart below illustrates the profitability comparison between Silicon Motion Technology Corporation and Steven Madden, Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SIMO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Silicon Motion Technology Corporation reported a gross profit of 136.77M and revenue of 278.46M. Therefore, the gross margin over that period was 49.1%.

SHOO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steven Madden, Ltd. reported a gross profit of 357.42M and revenue of 653.10M. Therefore, the gross margin over that period was 54.7%.

SIMO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Silicon Motion Technology Corporation reported an operating income of 31.71M and revenue of 278.46M, resulting in an operating margin of 11.4%.

SHOO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steven Madden, Ltd. reported an operating income of 98.74M and revenue of 653.10M, resulting in an operating margin of 15.1%.

SIMO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Silicon Motion Technology Corporation reported a net income of 47.75M and revenue of 278.46M, resulting in a net margin of 17.2%.

SHOO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steven Madden, Ltd. reported a net income of 71.82M and revenue of 653.10M, resulting in a net margin of 11.0%.

Frequently Asked Questions

Can I hold both SIMO and SHOO in my portfolio?

SIMO and SHOO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIMO or SHOO?

SIMO has higher volatility (24.02%) compared to SHOO (9.99%). In terms of maximum drawdown, SIMO dropped -93.19% vs SHOO's -77.06%.

Which has better risk-adjusted returns?

SIMO currently has the higher Sharpe Ratio (4.33 vs 1.96), 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.