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 49.93%/yr vs 3.66%/yr for SGOV. Their -0.01 correlation means they have often moved in opposite directions in the past.
Performance
SMCI vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, SMCI achieves a -2.15% return, which is significantly lower than SGOV's 2.13% return.
SMCI
- 1D
- 0.85%
- 1M
- 5.22%
- 6M
- -3.60%
- YTD
- -2.15%
- 1Y
- -49.44%
- 3Y*
- -5.38%
- 5Y*
- 49.93%
- 10Y*
- 29.57%
- ALL TIME*
- 19.69%
SGOV
- 1D
- 0.02%
- 1M
- 0.29%
- 6M
- 1.82%
- YTD
- 2.13%
- 1Y
- 3.85%
- 3Y*
- 4.62%
- 5Y*
- 3.66%
- 10Y*
- —
- ALL TIME*
- 2.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.99B | $1.87B | $2.06B | |
| $1.64B | $1.20B | $1.80B |
SMCI vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SMCI Super Micro Computer, Inc. | -2.15% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 22.29% |
SGOV iShares 0-3 Month Treasury Bond ETF | 2.13% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between SMCI and SGOV is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | -0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.01 |
The correlation between SMCI and SGOV shifts across timeframes, from -0.12 (1 year) to -0.01 (5 years), reflecting how their relationship changes across market environments.
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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 | -21.33 | ||
| Sortino ratioReturn per unit of downside risk | -380.64 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 380.49 | -379.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 388.26 | -389.03 |
| Martin ratioReturn relative to average drawdown | -1.18 | 6,151.27 | -6,152.44 |
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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 | -65.01% | -0.01% | -65.00% |
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 | -75.89% | 0.00% | -75.89% |
Average DrawdownAverage peak-to-trough decline | -32.29% | 0.00% | -32.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.10% | 0.00% | +42.10% |
Volatility
SMCI vs. SGOV - Volatility Comparison
Super Micro Computer, Inc. (SMCI) has a higher volatility of 27.78% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.04%. 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 | 27.78% | 0.04% | +27.74% |
Volatility (6M)Calculated over the trailing 6-month period | 82.11% | 0.13% | +81.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.80% | 0.19% | +89.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.04% | 0.24% | +87.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.51% | 0.23% | +71.28% |
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 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 3.75% | 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 -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (27.78%) compared to SGOV (0.04%). In terms of maximum drawdown, SMCI dropped -84.84% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.78 vs -0.55), 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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