SMCI vs. CRM

Last updated Jun 9, 2026

SMCI (Super Micro Computer, Inc.) and CRM (Salesforce, Inc.) are both stocks. Both are in the Technology sector — SMCI in Computer Hardware, CRM in Software - Application. Over the past 10 years, SMCI returned 32.81%/yr vs 8.51%/yr for CRM. At a 0.32 correlation, their price movements are largely independent.

Performance

SMCI vs. CRM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Super Micro Computer, Inc. (SMCI) and Salesforce, Inc. (CRM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMCI achieves a 50.29% return, which is significantly higher than CRM's -30.92% return. Over the past 10 years, SMCI has outperformed CRM with an annualized return of 32.81%, while CRM has yielded a comparatively lower 8.51% annualized return.

SMCI

• 1D: 5.64%
• 1M: 24.37%
• YTD: 50.29%
• 6M: 24.37%
• 1Y: 5.87%
• 3Y*: 18.91%
• 5Y*: 64.69%
• 10Y*: 32.81%

CRM

• 1D: -1.68%
• 1M: 0.40%
• YTD: -30.92%
• 6M: -29.37%
• 1Y: -33.00%
• 3Y*: -4.89%
• 5Y*: -4.74%
• 10Y*: 8.51%

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

SMCI vs. CRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMCI Super Micro Computer, Inc.	50.29%	-3.97%	7.23%	246.24%	86.80%	38.82%	31.81%	74.06%	-34.07%	-25.38%
CRM Salesforce, Inc.	-30.92%	-20.25%	27.76%	98.46%	-47.83%	14.20%	36.82%	18.74%	33.98%	49.33%

Correlation

The correlation between SMCI and CRM is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.24
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 Mar 29, 2007	0.32

Over the past year, the correlation between SMCI and CRM has dropped to 0.11 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.

Fundamentals

Market Cap SMCI : $29.63B CRM : $159.00B
EPS SMCI : $2.70 CRM : $8.59
PE Ratio SMCI : 16.27 CRM : 21.25
PEG Ratio SMCI : 0.36 CRM : 0.04
PS Ratio SMCI : 0.86 CRM : 3.98
PB Ratio SMCI : 3.91 CRM : 4.64
Total Revenue (TTM) SMCI : $33.70B CRM : $42.83B
Gross Profit (TTM) SMCI : $2.83B CRM : $33.25B
EBITDA (TTM) SMCI : $1.47B CRM : $12.32B

Return for Risk

SMCI vs. CRM — Risk / Return Rank

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

SMCI

SMCI Risk / Return Rank: 46
SMCI Sharpe Ratio Rank: 45
SMCI Sortino Ratio Rank: 48
SMCI Omega Ratio Rank: 49
SMCI Calmar Ratio Rank: 44
SMCI Martin Ratio Rank: 44

CRM

CRM Risk / Return Rank: 8
CRM Sharpe Ratio Rank: 7
CRM Sortino Ratio Rank: 9
CRM Omega Ratio Rank: 10
CRM Calmar Ratio Rank: 9
CRM Martin Ratio Rank: 4

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.

SMCI vs. CRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and Salesforce, Inc. (CRM). 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.

	SMCI	CRM	Difference
Sharpe ratio: Return per unit of total volatility	0.07	-0.88	+0.95
Sortino ratio: Return per unit of downside risk	0.68	-1.17	+1.85
Omega ratio: Gain probability vs. loss probability	1.09	0.86	+0.23
Calmar ratio: Return relative to maximum drawdown	0.09	-0.84	+0.93
Martin ratio: Return relative to average drawdown	0.15	-1.62	+1.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMCI vs. CRM - Sharpe Ratio Comparison

The current SMCI Sharpe Ratio is 0.07, which is higher than the CRM Sharpe Ratio of -0.88. The chart below compares the historical Sharpe Ratios of SMCI and CRM, 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

	SMCI	CRM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	-0.88	+0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	-0.13	+0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.24	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.45	-0.09

Drawdowns

SMCI vs. CRM - Drawdown Comparison

The maximum SMCI drawdown since its inception was -84.84%, which is greater than CRM's maximum drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for SMCI and CRM.

Drawdown Indicators

	SMCI	CRM	Difference
Max Drawdown Largest peak-to-trough decline	-84.84%	-70.50%	-14.34%
Max Drawdown (1Y) Largest decline over 1 year	-66.18%	-39.36%	-26.82%
Max Drawdown (3Y) Largest decline over 3 years	-84.84%	-54.70%	-30.14%
Max Drawdown (5Y) Largest decline over 5 years	-84.84%	-58.62%	-26.22%
Max Drawdown (10Y) Largest decline over 10 years	-84.84%	-58.62%	-26.22%
Current Drawdown Current decline from peak	-62.97%	-49.87%	-13.10%
Average Drawdown Average peak-to-trough decline	-31.96%	-16.12%	-15.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.91%	20.48%	+18.43%

Volatility

SMCI vs. CRM - Volatility Comparison

Super Micro Computer, Inc. (SMCI) has a higher volatility of 26.36% compared to Salesforce, Inc. (CRM) at 16.96%. This indicates that SMCI's price experiences larger fluctuations and is considered to be riskier than CRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMCI	CRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.36%	16.96%	+9.40%
Volatility (6M) Calculated over the trailing 6-month period	67.65%	31.74%	+35.91%
Volatility (1Y) Calculated over the trailing 1-year period	79.63%	37.87%	+41.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.44%	37.02%	+48.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.55%	35.36%	+35.19%

Dividends

SMCI vs. CRM - Dividend Comparison

SMCI has not paid dividends to shareholders, while CRM's dividend yield for the trailing twelve months is around 0.92%.

Position	TTM	2025	2024
CRM Salesforce, Inc.	0.92%	0.63%	0.48%
SMCI Super Micro Computer, Inc.	0.00%	0.00%	0.00%

Financials

SMCI vs. CRM - Profitability Comparison

The chart below illustrates the profitability comparison between Super Micro Computer, Inc. and Salesforce, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

CRM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Salesforce, Inc. reported a gross profit of 8.56B and revenue of 11.13B. Therefore, the gross margin over that period was 76.9%.

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%.

CRM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Salesforce, Inc. reported an operating income of 2.35B and revenue of 11.13B, resulting in an operating margin of 21.1%.

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%.

CRM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Salesforce, Inc. reported a net income of 2.11B and revenue of 11.13B, resulting in a net margin of 18.9%.

Frequently Asked Questions

Can I hold both SMCI and CRM in my portfolio?

SMCI and CRM have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SMCI or CRM?

SMCI has higher volatility (26.36%) compared to CRM (16.96%). In terms of maximum drawdown, SMCI dropped -84.84% vs CRM's -70.50%.

Which has better risk-adjusted returns?

SMCI currently has the higher Sharpe Ratio (0.07 vs -0.88), 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.