SMTC vs. SITM
SMTC (Semtech Corporation) and SITM (SiTime Corporation) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, SMTC returned 13.73%/yr vs 31.59%/yr for SITM. Their 0.60 correlation means they have sometimes moved together and sometimes differently.
Performance
SMTC vs. SITM - Performance Comparison
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Returns By Period
In the year-to-date period, SMTC achieves a 59.89% return, which is significantly higher than SITM's 51.53% return.
SMTC
- 1D
- 2.80%
- 1M
- -12.90%
- 6M
- 47.74%
- YTD
- 59.89%
- 1Y
- 134.98%
- 3Y*
- 59.93%
- 5Y*
- 13.73%
- 10Y*
- 17.11%
- ALL TIME*
- 14.49%
SITM
- 1D
- 1.39%
- 1M
- -11.05%
- 6M
- 47.39%
- YTD
- 51.53%
- 1Y
- 177.18%
- 3Y*
- 58.81%
- 5Y*
- 31.59%
- 10Y*
- —
- ALL TIME*
- 74.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $238.88M | $264.90M | $400.80M | |
| $249.53M | $318.77M | $521.79M |
SMTC vs. SITM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SMTC Semtech Corporation | 59.89% | 19.14% | 182.29% | -23.63% | -67.74% | 23.36% | 36.28% | 4.17% |
SITM SiTime Corporation | 51.53% | 64.63% | 75.73% | 20.13% | -65.26% | 161.36% | 338.94% | 96.15% |
Correlation
The correlation between SMTC and SITM is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2019 | 0.60 |
The correlation between SMTC and SITM has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.
Fundamentals
SMTC:
$10.98B
SITM:
$14.13B
SMTC:
-$0.45
SITM:
-$0.92
SMTC:
10.11
SITM:
37.22
SMTC:
$1.05B
SITM:
$379.91M
SMTC:
$541.32M
SITM:
$211.60M
SMTC:
$172.00M
SITM:
-$13.71M
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Return for Risk
SMTC vs. SITM — Risk / Return Rank
SMTC
SITM
SMTC vs. SITM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Semtech Corporation (SMTC) and SiTime Corporation (SITM). 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.
| SMTC | SITM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.32 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 3.38 | -0.16 |
| Martin ratioReturn relative to average drawdown | 12.04 | 10.14 | +1.91 |
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Drawdowns
SMTC vs. SITM - Drawdown Comparison
The maximum SMTC drawdown since its inception was -85.40%, which is greater than SITM's maximum drawdown of -78.12%. Use the drawdown chart below to compare losses from any high point for SMTC and SITM.
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Drawdown Indicators
| SMTC | SITM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.40% | -78.12% | -7.28% |
Max Drawdown (1Y)Largest decline over 1 year | -40.74% | -48.73% | +7.99% |
Max Drawdown (3Y)Largest decline over 3 years | -68.45% | -55.26% | -13.19% |
Max Drawdown (5Y)Largest decline over 5 years | -85.40% | -78.12% | -7.28% |
Max Drawdown (10Y)Largest decline over 10 years | -85.40% | — | — |
Current DrawdownCurrent decline from peak | -32.57% | -40.63% | +8.06% |
Average DrawdownAverage peak-to-trough decline | -47.78% | -36.64% | -11.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.88% | 16.24% | -5.36% |
Volatility
SMTC vs. SITM - Volatility Comparison
Semtech Corporation (SMTC) and SiTime Corporation (SITM) have volatilities of 27.71% and 27.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMTC | SITM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.71% | 27.75% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 58.40% | 62.42% | -4.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.13% | 80.71% | -9.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.77% | 77.22% | -12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.79% | 80.69% | -25.90% |
Dividends
SMTC vs. SITM - Dividend Comparison
Neither SMTC nor SITM has paid dividends to shareholders.
Financials
SMTC vs. SITM - Financials Comparison
This section allows you to compare key financial metrics between Semtech Corporation and SiTime Corporation. 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
SMTC vs. SITM - Profitability Comparison
SMTC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Semtech Corporation reported a gross profit of 138.10M and revenue of 274.40M. Therefore, the gross margin over that period was 50.3%.
SITM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SiTime Corporation reported a gross profit of 66.96M and revenue of 113.57M. Therefore, the gross margin over that period was 59.0%.
SMTC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Semtech Corporation reported an operating income of 30.80M and revenue of 274.40M, resulting in an operating margin of 11.2%.
SITM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SiTime Corporation reported an operating income of -12.34M and revenue of 113.57M, resulting in an operating margin of -10.9%.
SMTC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Semtech Corporation reported a net income of -29.80M and revenue of 274.40M, resulting in a net margin of -10.9%.
SITM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SiTime Corporation reported a net income of -5.22M and revenue of 113.57M, resulting in a net margin of -4.6%.
Frequently Asked Questions
SMTC and SITM have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SITM has higher volatility (27.75%) compared to SMTC (27.71%). In terms of maximum drawdown, SMTC dropped -85.40% vs SITM's -78.12%.
SITM currently has the higher Sharpe Ratio (2.04 vs 1.85), 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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