SKLZ vs. SMTC

Last updated Jun 4, 2026

SKLZ (Skillz Inc.) and SMTC (Semtech Corporation) are both stocks. SKLZ operates in Electronic Gaming & Multimedia (Communication Services), while SMTC operates in Semiconductors (Technology). Over the past 5 years, SKLZ returned -52.52%/yr vs 19.44%/yr for SMTC. At a 0.35 correlation, their price movements are largely independent.

Performance

SKLZ vs. SMTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Skillz Inc. (SKLZ) and Semtech Corporation (SMTC). 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 SKLZ having a 127.38% return and SMTC slightly lower at 121.88%.

SKLZ

• 1D: -2.39%
• 1M: 44.12%
• YTD: 127.38%
• 6M: 80.48%
• 1Y: 55.56%
• 3Y*: 0.04%
• 5Y*: -52.52%
• 10Y*: —

SMTC

• 1D: -1.88%
• 1M: 52.66%
• YTD: 121.88%
• 6M: 122.57%
• 1Y: 329.02%
• 3Y*: 93.38%
• 5Y*: 19.44%
• 10Y*: 21.20%

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

SKLZ vs. SMTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SKLZ Skillz Inc.	127.38%	-14.31%	-19.39%	-38.40%	-93.19%	-62.80%	-4.40%
SMTC Semtech Corporation	121.88%	19.14%	182.29%	-23.63%	-67.74%	23.36%	0.59%

Correlation

The correlation between SKLZ and SMTC is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Dec 21, 2020	0.35

The correlation between SKLZ and SMTC shifts across timeframes, from 0.17 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS SKLZ : -$4.55 SMTC : -$0.45
PS Ratio SKLZ : 1.45 SMTC : 13.86
Total Revenue (TTM) SKLZ : $104.50M SMTC : $1.05B
Gross Profit (TTM) SKLZ : $91.45M SMTC : $541.32M
EBITDA (TTM) SKLZ : -$64.50M SMTC : $172.00M

Return for Risk

SKLZ vs. SMTC — Risk / Return Rank

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

SKLZ

SKLZ Risk / Return Rank: 68
SKLZ Sharpe Ratio Rank: 48
SKLZ Sortino Ratio Rank: 91
SKLZ Omega Ratio Rank: 90
SKLZ Calmar Ratio Rank: 57
SKLZ Martin Ratio Rank: 55

SMTC

SMTC Risk / Return Rank: 97
SMTC Sharpe Ratio Rank: 99
SMTC Sortino Ratio Rank: 96
SMTC Omega Ratio Rank: 94
SMTC Calmar Ratio Rank: 98
SMTC Martin Ratio Rank: 99

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.

SKLZ vs. SMTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Skillz Inc. (SKLZ) and Semtech Corporation (SMTC). 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.

	SKLZ	SMTC	Difference
Sharpe ratio: Return per unit of total volatility	0.21	5.24	-5.03
Sortino ratio: Return per unit of downside risk	3.33	4.52	-1.19
Omega ratio: Gain probability vs. loss probability	1.45	1.56	-0.11
Calmar ratio: Return relative to maximum drawdown	0.75	12.43	-11.68
Martin ratio: Return relative to average drawdown	1.35	44.77	-43.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SKLZ vs. SMTC - Sharpe Ratio Comparison

The current SKLZ Sharpe Ratio is 0.21, which is lower than the SMTC Sharpe Ratio of 5.24. The chart below compares the historical Sharpe Ratios of SKLZ and SMTC, 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

	SKLZ	SMTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.21	5.24	-5.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.37	0.31	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.36	0.24	-0.60

Drawdowns

SKLZ vs. SMTC - Drawdown Comparison

The maximum SKLZ drawdown since its inception was -99.74%, which is greater than SMTC's maximum drawdown of -85.40%. Use the drawdown chart below to compare losses from any high point for SKLZ and SMTC.

Drawdown Indicators

	SKLZ	SMTC	Difference
Max Drawdown Largest peak-to-trough decline	-99.74%	-85.40%	-14.34%
Max Drawdown (1Y) Largest decline over 1 year	-74.92%	-26.68%	-48.24%
Max Drawdown (3Y) Largest decline over 3 years	-83.71%	-68.45%	-15.26%
Max Drawdown (5Y) Largest decline over 5 years	-99.51%	-85.40%	-14.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-85.40%	—
Current Drawdown Current decline from peak	-98.88%	-1.88%	-97.00%
Average Drawdown Average peak-to-trough decline	-90.24%	-47.92%	-42.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.14%	7.39%	+33.75%

Volatility

SKLZ vs. SMTC - Volatility Comparison

Skillz Inc. (SKLZ) has a higher volatility of 29.61% compared to Semtech Corporation (SMTC) at 23.61%. This indicates that SKLZ's price experiences larger fluctuations and is considered to be riskier than SMTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SKLZ	SMTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.61%	23.61%	+6.00%
Volatility (6M) Calculated over the trailing 6-month period	155.22%	47.98%	+107.24%
Volatility (1Y) Calculated over the trailing 1-year period	262.49%	63.27%	+199.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	140.59%	62.67%	+77.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.04%	53.62%	+85.42%

Dividends

SKLZ vs. SMTC - Dividend Comparison

Neither SKLZ nor SMTC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SKLZ and SMTC in my portfolio?

SKLZ and SMTC have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SKLZ or SMTC?

SKLZ has higher volatility (29.61%) compared to SMTC (23.61%). In terms of maximum drawdown, SKLZ dropped -99.74% vs SMTC's -85.40%.

Which has better risk-adjusted returns?

SMTC currently has the higher Sharpe Ratio (5.24 vs 0.21), 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.