SMCI vs. SGOV
SMCI (Super Micro Computer, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, SMCI returned 51.58%/yr vs 3.62%/yr for SGOV. At a correlation of -0.01, they often move in opposite directions.
Performance
SMCI vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, SMCI achieves a -5.53% return, which is significantly lower than SGOV's 1.92% return.
SMCI
- 1D
- -0.04%
- 1M
- -9.23%
- 6M
- -3.32%
- YTD
- -5.53%
- 1Y
- -44.40%
- 3Y*
- -2.18%
- 5Y*
- 51.58%
- 10Y*
- 26.67%
SGOV
- 1D
- 0.00%
- 1M
- 0.30%
- 6M
- 1.79%
- YTD
- 1.92%
- 1Y
- 3.88%
- 3Y*
- 4.66%
- 5Y*
- 3.62%
- 10Y*
- —
SMCI vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SMCI Super Micro Computer, Inc. | -5.53% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 22.29% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.92% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between SMCI and SGOV is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.01 |
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Return for Risk
SMCI vs. SGOV — Risk / Return Rank
SMCI
SGOV
SMCI vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.35 | ||
| Sortino ratioReturn per unit of downside risk | -384.12 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 384.06 | -383.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 391.99 | -392.66 |
| Martin ratioReturn relative to average drawdown | -1.06 | 6,210.22 | -6,211.28 |
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Drawdowns
SMCI vs. SGOV - Drawdown Comparison
The maximum SMCI drawdown since its inception was -84.84%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for SMCI and SGOV.
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Drawdown Indicators
| SMCI | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -0.03% | -84.81% |
Max Drawdown (1Y)Largest decline over 1 year | -66.18% | -0.01% | -66.17% |
Max Drawdown (3Y)Largest decline over 3 years | -84.84% | -0.01% | -84.83% |
Max Drawdown (5Y)Largest decline over 5 years | -84.84% | -0.03% | -84.81% |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | — | — |
Current DrawdownCurrent decline from peak | -76.73% | 0.00% | -76.73% |
Average DrawdownAverage peak-to-trough decline | -32.16% | -0.00% | -32.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.94% | 0.00% | +41.94% |
Volatility
SMCI vs. SGOV - Volatility Comparison
Super Micro Computer, Inc. (SMCI) has a higher volatility of 25.82% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that SMCI's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMCI | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.82% | 0.05% | +25.77% |
Volatility (6M)Calculated over the trailing 6-month period | 79.26% | 0.13% | +79.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.87% | 0.19% | +86.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.26% | 0.24% | +87.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.58% | 0.24% | +71.34% |
Dividends
SMCI vs. SGOV - Dividend Comparison
SMCI has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 3.80% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
SMCI Super Micro Computer, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SMCI and SGOV have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (25.82%) compared to SGOV (0.05%). In terms of maximum drawdown, SMCI dropped -84.84% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.83 vs -0.51), 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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