SMCI vs. CHAT
SMCI (Super Micro Computer, Inc.) is a stock, while CHAT (Roundhill Generative AI & Technology ETF) is Technology Equities fund actively managed by Roundhill. Over the past 3 years, SMCI returned 7.64%/yr vs 48.02%/yr for CHAT. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
SMCI vs. CHAT - Performance Comparison
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Returns By Period
In the year-to-date period, SMCI achieves a 4.07% return, which is significantly lower than CHAT's 57.97% 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%
CHAT
- 1D
- 0.77%
- 1M
- 5.15%
- YTD
- 57.97%
- 6M
- 60.59%
- 1Y
- 109.99%
- 3Y*
- 48.02%
- 5Y*
- —
- 10Y*
- —
SMCI vs. CHAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SMCI Super Micro Computer, Inc. | 4.07% | -3.97% | 7.23% | 84.21% |
CHAT Roundhill Generative AI & Technology ETF | 57.97% | 49.85% | 30.98% | 21.04% |
Correlation
The correlation between SMCI and CHAT is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since May 18, 2023 | 0.62 |
The correlation between SMCI and CHAT has been stable across timeframes, ranging from 0.62 to 0.63 - a consistent structural relationship.
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Return for Risk
SMCI vs. CHAT — Risk / Return Rank
SMCI
CHAT
SMCI vs. CHAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and Roundhill Generative AI & Technology ETF (CHAT). 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 | CHAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.69 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.50 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 6.79 | -7.24 |
| Martin ratioReturn relative to average drawdown | -0.76 | 19.03 | -19.79 |
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Drawdowns
SMCI vs. CHAT - Drawdown Comparison
The maximum SMCI drawdown since its inception was -84.84%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for SMCI and CHAT.
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Drawdown Indicators
| SMCI | CHAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -31.34% | -53.50% |
Max Drawdown (1Y)Largest decline over 1 year | -66.18% | -16.28% | -49.90% |
Max Drawdown (3Y)Largest decline over 3 years | -84.84% | -31.34% | -53.50% |
Max Drawdown (5Y)Largest decline over 5 years | -84.84% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | — | — |
Current DrawdownCurrent decline from peak | -74.36% | -9.97% | -64.39% |
Average DrawdownAverage peak-to-trough decline | -31.98% | -5.39% | -26.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.34% | 5.80% | +33.54% |
Volatility
SMCI vs. CHAT - Volatility Comparison
Super Micro Computer, Inc. (SMCI) has a higher volatility of 44.32% compared to Roundhill Generative AI & Technology ETF (CHAT) at 16.40%. This indicates that SMCI's price experiences larger fluctuations and is considered to be riskier than CHAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMCI | CHAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 44.32% | 16.40% | +27.92% |
Volatility (6M)Calculated over the trailing 6-month period | 76.32% | 28.00% | +48.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.20% | 33.14% | +52.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.53% | 30.65% | +55.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.19% | 30.65% | +40.54% |
Dividends
SMCI vs. CHAT - Dividend Comparison
SMCI has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.80%.
| Position | TTM | 2025 |
|---|---|---|
CHAT Roundhill Generative AI & Technology ETF | 1.80% | 2.85% |
SMCI Super Micro Computer, Inc. | 0.00% | 0.00% |
Frequently Asked Questions
SMCI and CHAT have a correlation of 0.63, 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 CHAT (16.40%). In terms of maximum drawdown, SMCI dropped -84.84% vs CHAT's -31.34%.
CHAT currently has the higher Sharpe Ratio (3.34 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.
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