SMCI vs. WMT

Last updated Jun 9, 2026

SMCI (Super Micro Computer, Inc.) and WMT (Walmart Inc.) are both stocks. SMCI operates in Computer Hardware (Technology), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, SMCI returned 32.81%/yr vs 19.62%/yr for WMT. At a 0.14 correlation, their price movements are largely independent.

Performance

SMCI vs. WMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Super Micro Computer, Inc. (SMCI) and Walmart Inc. (WMT). 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 WMT's 7.98% return. Over the past 10 years, SMCI has outperformed WMT with an annualized return of 32.81%, while WMT has yielded a comparatively lower 19.62% 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%

WMT

• 1D: 0.80%
• 1M: -8.13%
• YTD: 7.98%
• 6M: 6.15%
• 1Y: 23.97%
• 3Y*: 34.37%
• 5Y*: 22.47%
• 10Y*: 19.62%

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

SMCI vs. WMT - 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%
WMT Walmart Inc.	7.98%	24.49%	73.99%	12.88%	-0.46%	1.97%	23.32%	30.16%	-3.43%	46.56%

Correlation

The correlation between SMCI and WMT is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.09
Correlation (All Time) Calculated using the full available price history since Mar 29, 2007	0.14

The correlation between SMCI and WMT shifts across timeframes, from -0.19 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SMCI : $29.63B WMT : $958.52B
EPS SMCI : $2.70 WMT : $2.88
PE Ratio SMCI : 16.27 WMT : 41.62
PEG Ratio SMCI : 0.36 WMT : 2.72
PS Ratio SMCI : 0.86 WMT : 1.32
PB Ratio SMCI : 3.91 WMT : 10.16
Total Revenue (TTM) SMCI : $33.70B WMT : $725.31B
Gross Profit (TTM) SMCI : $2.83B WMT : $181.16B
EBITDA (TTM) SMCI : $1.47B WMT : $44.32B

Return for Risk

SMCI vs. WMT — 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

WMT

WMT Risk / Return Rank: 71
WMT Sharpe Ratio Rank: 73
WMT Sortino Ratio Rank: 67
WMT Omega Ratio Rank: 67
WMT Calmar Ratio Rank: 70
WMT Martin Ratio Rank: 76

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. WMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Super Micro Computer, Inc. (SMCI) and Walmart Inc. (WMT). 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	WMT	Difference
Sharpe ratio: Return per unit of total volatility	0.07	1.02	-0.94
Sortino ratio: Return per unit of downside risk	0.68	1.54	-0.86
Omega ratio: Gain probability vs. loss probability	1.09	1.20	-0.11
Calmar ratio: Return relative to maximum drawdown	0.09	1.53	-1.44
Martin ratio: Return relative to average drawdown	0.15	5.02	-4.87
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. WMT - Sharpe Ratio Comparison

The current SMCI Sharpe Ratio is 0.07, which is lower than the WMT Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of SMCI and WMT, 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	WMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	1.02	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	1.04	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.91	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.64	-0.27

Drawdowns

SMCI vs. WMT - Drawdown Comparison

The maximum SMCI drawdown since its inception was -84.84%, which is greater than WMT's maximum drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for SMCI and WMT.

Drawdown Indicators

	SMCI	WMT	Difference
Max Drawdown Largest peak-to-trough decline	-84.84%	-77.14%	-7.70%
Max Drawdown (1Y) Largest decline over 1 year	-66.18%	-15.75%	-50.43%
Max Drawdown (3Y) Largest decline over 3 years	-84.84%	-21.93%	-62.91%
Max Drawdown (5Y) Largest decline over 5 years	-84.84%	-25.74%	-59.10%
Max Drawdown (10Y) Largest decline over 10 years	-84.84%	-25.74%	-59.10%
Current Drawdown Current decline from peak	-62.97%	-10.71%	-52.26%
Average Drawdown Average peak-to-trough decline	-31.96%	-14.63%	-17.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.91%	4.79%	+34.12%

Volatility

SMCI vs. WMT - Volatility Comparison

Super Micro Computer, Inc. (SMCI) has a higher volatility of 26.36% compared to Walmart Inc. (WMT) at 10.26%. This indicates that SMCI's price experiences larger fluctuations and is considered to be riskier than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMCI	WMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.36%	10.26%	+16.10%
Volatility (6M) Calculated over the trailing 6-month period	67.65%	18.59%	+49.06%
Volatility (1Y) Calculated over the trailing 1-year period	79.63%	23.72%	+55.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.44%	21.68%	+63.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.55%	21.73%	+48.82%

Dividends

SMCI vs. WMT - Dividend Comparison

SMCI has not paid dividends to shareholders, while WMT's dividend yield for the trailing twelve months is around 0.81%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
WMT Walmart Inc.	0.81%	0.84%	0.92%	1.45%	1.58%	1.52%	1.50%	1.78%	2.23%	2.07%	2.89%	3.20%

Financials

SMCI vs. WMT - Profitability Comparison

The chart below illustrates the profitability comparison between Super Micro Computer, Inc. and Walmart 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%.

WMT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.

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%.

WMT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.

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%.

WMT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.

Frequently Asked Questions

Can I hold both SMCI and WMT in my portfolio?

SMCI and WMT have a correlation of -0.19, 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 WMT?

SMCI has higher volatility (26.36%) compared to WMT (10.26%). In terms of maximum drawdown, SMCI dropped -84.84% vs WMT's -77.14%.

Which has better risk-adjusted returns?

WMT currently has the higher Sharpe Ratio (1.02 vs 0.07), 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.