SMCI vs. CAT
SMCI (Super Micro Computer, Inc.) and CAT (Caterpillar Inc.) are both stocks. SMCI operates in Computer Hardware (Technology), while CAT operates in Farm & Heavy Construction Machinery (Industrials). Over the past 10 years, SMCI returned 27.77%/yr vs 31.33%/yr for CAT. At a 0.37 correlation, their price movements are largely independent.
Performance
SMCI vs. CAT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SMCI achieves a 4.07% return, which is significantly lower than CAT's 59.62% return. Over the past 10 years, SMCI has underperformed CAT with an annualized return of 27.77%, while CAT has yielded a comparatively higher 31.33% 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%
CAT
- 1D
- 1.44%
- 1M
- 0.92%
- YTD
- 59.62%
- 6M
- 52.94%
- 1Y
- 154.99%
- 3Y*
- 57.16%
- 5Y*
- 35.17%
- 10Y*
- 31.33%
SMCI vs. CAT - 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% |
CAT Caterpillar Inc. | 59.62% | 60.30% | 24.66% | 25.95% | 18.60% | 15.95% | 26.97% | 19.51% | -17.56% | 75.03% |
Correlation
The correlation between SMCI and CAT is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2007 | 0.37 |
Fundamentals
SMCI:
$20.52B
CAT:
$424.14B
SMCI:
$2.70
CAT:
$20.07
SMCI:
11.27
CAT:
45.37
SMCI:
0.25
CAT:
3.00
SMCI:
0.60
CAT:
6.04
SMCI:
2.71
CAT:
22.73
SMCI:
$33.70B
CAT:
$70.76B
SMCI:
$2.83B
CAT:
$23.01B
SMCI:
$1.47B
CAT:
$15.31B
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. CAT — Risk / Return Rank
SMCI
CAT
SMCI vs. CAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and Caterpillar Inc. (CAT). 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 | CAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.78 | ||
| Sortino ratioReturn per unit of downside risk | -4.99 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.65 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 11.24 | -11.69 |
| Martin ratioReturn relative to average drawdown | -0.76 | 36.80 | -37.55 |
Loading charts...
Drawdowns
SMCI vs. CAT - Drawdown Comparison
The maximum SMCI drawdown since its inception was -84.84%, which is greater than CAT's maximum drawdown of -73.43%. Use the drawdown chart below to compare losses from any high point for SMCI and CAT.
Loading charts...
Drawdown Indicators
| SMCI | CAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -73.43% | -11.41% |
Max Drawdown (1Y)Largest decline over 1 year | -66.18% | -13.88% | -52.30% |
Max Drawdown (3Y)Largest decline over 3 years | -84.84% | -34.05% | -50.79% |
Max Drawdown (5Y)Largest decline over 5 years | -84.84% | -34.05% | -50.79% |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | -43.36% | -41.48% |
Current DrawdownCurrent decline from peak | -74.36% | -3.18% | -71.18% |
Average DrawdownAverage peak-to-trough decline | -31.98% | -19.73% | -12.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.34% | 4.23% | +35.11% |
Volatility
SMCI vs. CAT - Volatility Comparison
Super Micro Computer, Inc. (SMCI) has a higher volatility of 44.32% compared to Caterpillar Inc. (CAT) at 13.16%. This indicates that SMCI's price experiences larger fluctuations and is considered to be riskier than CAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SMCI | CAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 44.32% | 13.16% | +31.16% |
Volatility (6M)Calculated over the trailing 6-month period | 76.32% | 28.37% | +47.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.20% | 35.19% | +50.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.53% | 30.79% | +55.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.19% | 30.98% | +40.21% |
Dividends
SMCI vs. CAT - Dividend Comparison
SMCI has not paid dividends to shareholders, while CAT's dividend yield for the trailing twelve months is around 0.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAT Caterpillar Inc. | 0.66% | 1.02% | 1.49% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% |
SMCI Super Micro Computer, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SMCI vs. CAT - Financials Comparison
This section allows you to compare key financial metrics between Super Micro Computer, Inc. and Caterpillar Inc.. 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
SMCI vs. CAT - Profitability Comparison
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%.
CAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a gross profit of 6.11B and revenue of 17.42B. Therefore, the gross margin over that period was 35.1%.
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%.
CAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported an operating income of 3.09B and revenue of 17.42B, resulting in an operating margin of 17.7%.
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%.
CAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a net income of 2.55B and revenue of 17.42B, resulting in a net margin of 14.6%.
Frequently Asked Questions
SMCI and CAT have a correlation of 0.36, 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 CAT (13.16%). In terms of maximum drawdown, SMCI dropped -84.84% vs CAT's -73.43%.
CAT currently has the higher Sharpe Ratio (4.43 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 CAT
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