SMCI vs. ^GSPC
SMCI (Super Micro Computer, Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, SMCI returned 27.77%/yr vs 13.61%/yr for ^GSPC. At a 0.48 correlation, their price movements are largely independent.
Performance
SMCI vs. ^GSPC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SMCI achieves a 4.07% return, which is significantly lower than ^GSPC's 8.56% return. Over the past 10 years, SMCI has outperformed ^GSPC with an annualized return of 27.77%, while ^GSPC has yielded a comparatively lower 13.61% annualized return.
SMCI
- 1D
- -4.72%
- 1M
- -4.81%
- YTD
- 4.07%
- 6M
- -5.78%
- 1Y
- -29.75%
- 3Y*
- 7.64%
- 5Y*
- 52.73%
- 10Y*
- 27.77%
^GSPC
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
SMCI vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMCI Super Micro Computer, Inc. | 4.07% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 31.81% | 74.06% | -34.07% | -25.38% |
^GSPC S&P 500 Index | 8.56% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between SMCI and ^GSPC is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2007 | 0.48 |
The correlation between SMCI and ^GSPC has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SMCI vs. ^GSPC — Risk / Return Rank
SMCI
^GSPC
SMCI vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and S&P 500 Index (^GSPC). 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.
| SMCI | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.34 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 2.53 | -2.98 |
| Martin ratioReturn relative to average drawdown | -0.76 | 11.37 | -12.13 |
Loading charts...
Drawdowns
SMCI vs. ^GSPC - Drawdown Comparison
The maximum SMCI drawdown since its inception was -84.84%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SMCI and ^GSPC.
Loading charts...
Drawdown Indicators
| SMCI | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -56.78% | -28.06% |
Max Drawdown (1Y)Largest decline over 1 year | -66.18% | -9.10% | -57.08% |
Max Drawdown (3Y)Largest decline over 3 years | -84.84% | -18.90% | -65.94% |
Max Drawdown (5Y)Largest decline over 5 years | -84.84% | -25.43% | -59.41% |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | -33.92% | -50.92% |
Current DrawdownCurrent decline from peak | -74.36% | -2.34% | -72.02% |
Average DrawdownAverage peak-to-trough decline | -31.98% | -10.72% | -21.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.34% | 2.02% | +37.32% |
Volatility
SMCI vs. ^GSPC - Volatility Comparison
Super Micro Computer, Inc. (SMCI) has a higher volatility of 44.32% compared to S&P 500 Index (^GSPC) at 4.43%. This indicates that SMCI's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SMCI | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 44.32% | 4.43% | +39.89% |
Volatility (6M)Calculated over the trailing 6-month period | 76.32% | 9.70% | +66.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.20% | 12.38% | +72.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.53% | 16.97% | +69.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.19% | 18.09% | +53.10% |
Frequently Asked Questions
SMCI and ^GSPC have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (44.32%) compared to ^GSPC (4.43%). In terms of maximum drawdown, SMCI dropped -84.84% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.86 vs -0.35), 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.
Find the right allocation for SMCI and ^GSPC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer