SMCIX vs. AMZN

Last updated Apr 1, 2026

Compare and contrast key facts about Shelton Capital Management S&P Smallcap Index Fund (SMCIX) and Amazon.com, Inc (AMZN).

SMCIX is managed by BlackRock. It was launched on Oct 2, 1996.

Performance

SMCIX vs. AMZN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Capital Management S&P Smallcap Index Fund (SMCIX) and Amazon.com, Inc (AMZN). The values are adjusted to include any dividend payments, if applicable.

SMCIX vs. AMZN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMCIX Shelton Capital Management S&P Smallcap Index Fund	0.53%	6.90%	18.13%	15.48%	-16.41%	26.53%	11.27%	30.68%	-9.07%	3.08%
AMZN Amazon.com, Inc	-9.77%	5.21%	44.39%	80.88%	-49.62%	2.38%	76.26%	23.03%	28.43%	55.96%

Returns By Period

In the year-to-date period, SMCIX achieves a 0.53% return, which is significantly higher than AMZN's -9.77% return. Over the past 10 years, SMCIX has underperformed AMZN with an annualized return of 9.90%, while AMZN has yielded a comparatively higher 21.41% annualized return.

SMCIX

• 1D: -0.71%
• 1M: -6.69%
• YTD: 0.53%
• 6M: 2.04%
• 1Y: 16.22%
• 3Y*: 12.62%
• 5Y*: 5.63%
• 10Y*: 9.90%

AMZN

• 1D: 3.64%
• 1M: -0.82%
• YTD: -9.77%
• 6M: -5.15%
• 1Y: 9.47%
• 3Y*: 26.33%
• 5Y*: 5.67%
• 10Y*: 21.41%

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

Return for Risk

SMCIX vs. AMZN — Risk / Return Rank

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

SMCIX

SMCIX Risk / Return Rank: 40
SMCIX Sharpe Ratio Rank: 38
SMCIX Sortino Ratio Rank: 43
SMCIX Omega Ratio Rank: 35
SMCIX Calmar Ratio Rank: 43
SMCIX Martin Ratio Rank: 43

AMZN

AMZN Risk / Return Rank: 50
AMZN Sharpe Ratio Rank: 52
AMZN Sortino Ratio Rank: 47
AMZN Omega Ratio Rank: 46
AMZN Calmar Ratio Rank: 52
AMZN Martin Ratio Rank: 53

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.

SMCIX vs. AMZN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management S&P Smallcap Index Fund (SMCIX) and Amazon.com, Inc (AMZN). 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.

	SMCIX	AMZN	Difference
Sharpe ratio Return per unit of total volatility	0.83	0.27	+0.56
Sortino ratio Return per unit of downside risk	1.31	0.65	+0.67
Omega ratio Gain probability vs. loss probability	1.17	1.08	+0.09
Calmar ratio Return relative to maximum drawdown	1.10	0.37	+0.73
Martin ratio Return relative to average drawdown	4.43	0.89	+3.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMCIX vs. AMZN - Sharpe Ratio Comparison

The current SMCIX Sharpe Ratio is 0.83, which is higher than the AMZN Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of SMCIX and AMZN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMCIX	AMZN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	0.27	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.16	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.66	-0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.55	-0.17

Correlation

The correlation between SMCIX and AMZN is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SMCIX vs. AMZN - Dividend Comparison

SMCIX's dividend yield for the trailing twelve months is around 8.97%, while AMZN has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMCIX Shelton Capital Management S&P Smallcap Index Fund	8.97%	10.78%	19.88%	3.48%	10.40%	9.40%	4.53%	13.88%	9.39%	1.63%	4.64%	11.58%
AMZN Amazon.com, 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%

Drawdowns

SMCIX vs. AMZN - Drawdown Comparison

The maximum SMCIX drawdown since its inception was -58.13%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for SMCIX and AMZN.

Drawdown Indicators

	SMCIX	AMZN	Difference
Max Drawdown Largest peak-to-trough decline	-58.13%	-94.40%	+36.27%
Max Drawdown (1Y) Largest decline over 1 year	-14.77%	-21.74%	+6.97%
Max Drawdown (5Y) Largest decline over 5 years	-26.72%	-56.15%	+29.43%
Max Drawdown (10Y) Largest decline over 10 years	-42.54%	-56.15%	+13.61%
Current Drawdown Current decline from peak	-8.39%	-18.00%	+9.61%
Average Drawdown Average peak-to-trough decline	-9.58%	-28.27%	+18.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	9.03%	-5.36%

Volatility

SMCIX vs. AMZN - Volatility Comparison

The current volatility for Shelton Capital Management S&P Smallcap Index Fund (SMCIX) is 5.55%, while Amazon.com, Inc (AMZN) has a volatility of 9.57%. This indicates that SMCIX experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMCIX	AMZN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	9.57%	-4.02%
Volatility (6M) Calculated over the trailing 6-month period	12.70%	22.64%	-9.94%
Volatility (1Y) Calculated over the trailing 1-year period	22.62%	35.02%	-12.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.93%	35.32%	-13.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	32.51%	-8.91%