SMCI vs. NA.TO
SMCI (Super Micro Computer, Inc.) and NA.TO (National Bank of Canada) are both stocks. SMCI operates in Computer Hardware (Technology), while NA.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, SMCI returned 32.07%/yr vs 19.52%/yr for NA.TO. At a 0.23 correlation, their price movements are largely independent.
Performance
SMCI vs. NA.TO - Performance Comparison
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Different Trading Currencies
SMCI is traded in USD, while NA.TO is traded in CAD. To make them comparable, the NA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SMCI achieves a 42.26% return, which is significantly higher than NA.TO's 17.39% return. Over the past 10 years, SMCI has outperformed NA.TO with an annualized return of 32.07%, while NA.TO has yielded a comparatively lower 19.52% annualized return.
SMCI
- 1D
- -11.22%
- 1M
- 17.73%
- YTD
- 42.26%
- 6M
- 20.03%
- 1Y
- 0.22%
- 3Y*
- 21.33%
- 5Y*
- 62.55%
- 10Y*
- 32.07%
NA.TO
- 1D
- 0.20%
- 1M
- -3.10%
- YTD
- 17.39%
- 6M
- 20.31%
- 1Y
- 54.69%
- 3Y*
- 31.12%
- 5Y*
- 18.04%
- 10Y*
- 19.52%
SMCI vs. NA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMCI Super Micro Computer, Inc. | 42.26% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 31.81% | 74.06% | -34.07% | -25.38% |
NA.TO National Bank of Canada | 17.41% | 42.66% | 24.14% | 18.35% | -7.33% | 39.09% | 6.54% | 39.80% | -14.14% | 28.47% |
Correlation
The correlation between SMCI and NA.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2007 | 0.23 |
Fundamentals
SMCI:
$28.05B
NA.TO:
CA$79.99B
SMCI:
$2.70
NA.TO:
CA$11.69
SMCI:
15.40
NA.TO:
17.48
SMCI:
0.34
NA.TO:
4.89
SMCI:
0.81
NA.TO:
2.95
SMCI:
3.70
NA.TO:
2.58
SMCI:
$33.70B
NA.TO:
CA$27.33B
SMCI:
$2.83B
NA.TO:
CA$14.01B
SMCI:
$1.47B
NA.TO:
CA$6.37B
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Return for Risk
SMCI vs. NA.TO — Risk / Return Rank
SMCI
NA.TO
SMCI vs. NA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and National Bank of Canada (NA.TO). 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 | NA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.24 | ||
| Sortino ratioReturn per unit of downside risk | -3.90 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.60 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 5.57 | -5.54 |
| Martin ratioReturn relative to average drawdown | 0.06 | 19.36 | -19.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SMCI | NA.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.03 | 3.26 | -3.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.89 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.82 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.59 | -0.23 |
Drawdowns
SMCI vs. NA.TO - Drawdown Comparison
The maximum SMCI drawdown since its inception was -84.84%, which is greater than NA.TO's maximum drawdown of -60.25%. Use the drawdown chart below to compare losses from any high point for SMCI and NA.TO.
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Drawdown Indicators
| SMCI | NA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -60.25% | -24.59% |
Max Drawdown (1Y)Largest decline over 1 year | -66.18% | -9.89% | -56.29% |
Max Drawdown (3Y)Largest decline over 3 years | -84.84% | -23.62% | -61.22% |
Max Drawdown (5Y)Largest decline over 5 years | -84.84% | -25.56% | -59.28% |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | -52.83% | -32.01% |
Current DrawdownCurrent decline from peak | -64.95% | -5.14% | -59.81% |
Average DrawdownAverage peak-to-trough decline | -31.95% | -9.08% | -22.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.87% | 2.84% | +36.03% |
Volatility
SMCI vs. NA.TO - Volatility Comparison
Super Micro Computer, Inc. (SMCI) has a higher volatility of 26.31% compared to National Bank of Canada (NA.TO) at 6.26%. This indicates that SMCI's price experiences larger fluctuations and is considered to be riskier than NA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMCI | NA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.31% | 6.26% | +20.05% |
Volatility (6M)Calculated over the trailing 6-month period | 67.46% | 14.40% | +53.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.68% | 16.90% | +62.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.37% | 20.25% | +65.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.51% | 23.83% | +46.68% |
Dividends
SMCI vs. NA.TO - Dividend Comparison
SMCI has not paid dividends to shareholders, while NA.TO's dividend yield for the trailing twelve months is around 2.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NA.TO National Bank of Canada | 2.37% | 2.75% | 3.36% | 4.03% | 4.03% | 3.11% | 3.96% | 3.77% | 4.44% | 3.70% | 4.03% | 5.16% |
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. NA.TO - Financials Comparison
This section allows you to compare key financial metrics between Super Micro Computer, Inc. and National Bank of Canada. 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. NA.TO - 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%.
NA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported a gross profit of 3.66B and revenue of 8.07B. Therefore, the gross margin over that period was 45.4%.
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%.
NA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported an operating income of 1.62B and revenue of 8.07B, resulting in an operating margin of 20.0%.
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%.
NA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported a net income of 1.23B and revenue of 8.07B, resulting in a net margin of 15.3%.
Frequently Asked Questions
SMCI and NA.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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