SMTC vs. SKLZ

Last updated Jun 24, 2026

SMTC (Semtech Corporation) and SKLZ (Skillz Inc.) are both stocks. SMTC operates in Semiconductors (Technology), while SKLZ operates in Electronic Gaming & Multimedia (Communication Services). Over the past 5 years, SMTC returned 19.77%/yr vs -52.93%/yr for SKLZ. At a 0.35 correlation, their price movements are largely independent.

Performance

SMTC vs. SKLZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Semtech Corporation (SMTC) and Skillz Inc. (SKLZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMTC achieves a 121.58% return, which is significantly higher than SKLZ's 105.10% return.

SMTC

• 1D: -6.55%
• 1M: 4.15%
• YTD: 121.58%
• 6M: 115.10%
• 1Y: 297.66%
• 3Y*: 89.17%
• 5Y*: 19.77%
• 10Y*: 21.57%

SKLZ

• 1D: 6.25%
• 1M: 2.91%
• YTD: 105.10%
• 6M: 87.29%
• 1Y: 33.13%
• 3Y*: -14.10%
• 5Y*: -52.93%
• 10Y*: —

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

SMTC vs. SKLZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SMTC Semtech Corporation	121.58%	19.14%	182.29%	-23.63%	-67.74%	23.36%	0.10%
SKLZ Skillz Inc.	105.10%	-14.31%	-19.39%	-38.40%	-93.19%	-62.80%	-12.47%

Correlation

The correlation between SMTC and SKLZ is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020	0.35

The correlation between SMTC and SKLZ shifts across timeframes, from 0.20 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS SMTC : -$0.45 SKLZ : -$4.55
PS Ratio SMTC : 13.84 SKLZ : 1.31
Total Revenue (TTM) SMTC : $1.05B SKLZ : $104.50M
Gross Profit (TTM) SMTC : $541.32M SKLZ : $91.45M
EBITDA (TTM) SMTC : $172.00M SKLZ : -$64.50M

Return for Risk

SMTC vs. SKLZ — Risk / Return Rank

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

SMTC

SMTC Risk / Return Rank: 97
SMTC Sharpe Ratio Rank: 98
SMTC Sortino Ratio Rank: 95
SMTC Omega Ratio Rank: 94
SMTC Calmar Ratio Rank: 98
SMTC Martin Ratio Rank: 99

SKLZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SMTC vs. SKLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Semtech Corporation (SMTC) and Skillz Inc. (SKLZ). 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	SKLZ	Difference
Sharpe ratio: Return per unit of total volatility	4.55	0.15	+4.40
Sortino ratio: Return per unit of downside risk	4.05	3.12	+0.93
Omega ratio: Gain probability vs. loss probability	1.50	1.41	+0.09
Calmar ratio: Return relative to maximum drawdown	11.24	0.54	+10.70
Martin ratio: Return relative to average drawdown	39.68	0.98	+38.70

SMTC vs. SKLZ - Sharpe Ratio Comparison

The current SMTC Sharpe Ratio is 4.55, which is higher than the SKLZ Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of SMTC and SKLZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SMTC vs. SKLZ - Drawdown Comparison

The maximum SMTC drawdown since its inception was -85.40%, smaller than the maximum SKLZ drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for SMTC and SKLZ.

Drawdown Indicators

	SMTC	SKLZ	Difference
Max Drawdown Largest peak-to-trough decline	-85.40%	-99.74%	+14.34%
Max Drawdown (1Y) Largest decline over 1 year	-26.68%	-74.92%	+48.24%
Max Drawdown (3Y) Largest decline over 3 years	-68.45%	-82.84%	+14.39%
Max Drawdown (5Y) Largest decline over 5 years	-85.40%	-99.49%	+14.09%
Max Drawdown (10Y) Largest decline over 10 years	-85.40%	—	—
Current Drawdown Current decline from peak	-6.55%	-98.99%	+92.44%
Average Drawdown Average peak-to-trough decline	-47.85%	-90.31%	+42.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.54%	41.60%	-34.06%

Volatility

SMTC vs. SKLZ - Volatility Comparison

Semtech Corporation (SMTC) has a higher volatility of 29.48% compared to Skillz Inc. (SKLZ) at 27.48%. This indicates that SMTC's price experiences larger fluctuations and is considered to be riskier than SKLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMTC	SKLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.48%	27.48%	+2.00%
Volatility (6M) Calculated over the trailing 6-month period	51.15%	156.02%	-104.87%
Volatility (1Y) Calculated over the trailing 1-year period	65.90%	263.09%	-197.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.45%	140.65%	-77.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.06%	138.69%	-84.63%

Dividends

SMTC vs. SKLZ - Dividend Comparison

Neither SMTC nor SKLZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SMTC and SKLZ in my portfolio?

SMTC and SKLZ have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SMTC or SKLZ?

SMTC has higher volatility (29.48%) compared to SKLZ (27.48%). In terms of maximum drawdown, SMTC dropped -85.40% vs SKLZ's -99.74%.

Which has better risk-adjusted returns?

SMTC currently has the higher Sharpe Ratio (4.55 vs 0.15), 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.