SNDK vs. RIOT

Last updated Jun 18, 2026

SNDK (Sandisk Corporation) and RIOT (Riot Platforms, Inc.) are both stocks. Both are in the Technology sector — SNDK in Computer Hardware, RIOT in Software - Application. Over the past year, SNDK returned 4342.73% vs 183.95% for RIOT. At a 0.33 correlation, their price movements are largely independent.

Performance

SNDK vs. RIOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sandisk Corporation (SNDK) and Riot Platforms, Inc. (RIOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNDK achieves a 725.17% return, which is significantly higher than RIOT's 116.50% return.

SNDK

• 1D: -1.64%
• 1M: 46.95%
• YTD: 725.17%
• 6M: 847.06%
• 1Y: 4,342.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RIOT

• 1D: 0.04%
• 1M: 18.33%
• YTD: 116.50%
• 6M: 111.65%
• 1Y: 183.95%
• 3Y*: 38.16%
• 5Y*: -3.14%
• 10Y*: 24.24%

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

SNDK vs. RIOT - Yearly Performance Comparison

	2026 (YTD)	2025
SNDK Sandisk Corporation	725.17%	356.50%
RIOT Riot Platforms, Inc.	116.50%	21.13%

Correlation

The correlation between SNDK and RIOT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Feb 24, 2025	0.33

Fundamentals

Market Cap SNDK : $307.53B RIOT : $9.54B
EPS SNDK : $29.70 RIOT : -$2.35
PS Ratio SNDK : 22.55 RIOT : 15.48
PB Ratio SNDK : 22.32 RIOT : 3.98
Total Revenue (TTM) SNDK : $13.18B RIOT : $653.27M
Gross Profit (TTM) SNDK : $7.39B RIOT : $179.76M
EBITDA (TTM) SNDK : $5.37B RIOT : -$482.33M

Return for Risk

SNDK vs. RIOT — Risk / Return Rank

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

SNDK

SNDK Risk / Return Rank: 100
SNDK Sharpe Ratio Rank: 100
SNDK Sortino Ratio Rank: 99
SNDK Omega Ratio Rank: 99
SNDK Calmar Ratio Rank: 100
SNDK Martin Ratio Rank: 100

RIOT

RIOT Risk / Return Rank: 86
RIOT Sharpe Ratio Rank: 91
RIOT Sortino Ratio Rank: 85
RIOT Omega Ratio Rank: 83
RIOT Calmar Ratio Rank: 88
RIOT Martin Ratio Rank: 83

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.

SNDK vs. RIOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandisk Corporation (SNDK) and Riot Platforms, Inc. (RIOT). 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.

	SNDK	RIOT	Difference
Sharpe ratio: Return per unit of total volatility	44.17	2.21	+41.95
Sortino ratio: Return per unit of downside risk	8.17	2.61	+5.55
Omega ratio: Gain probability vs. loss probability	2.12	1.32	+0.80
Calmar ratio: Return relative to maximum drawdown	140.73	3.81	+136.92
Martin ratio: Return relative to average drawdown	425.70	7.54	+418.16

SNDK vs. RIOT - Sharpe Ratio Comparison

The current SNDK Sharpe Ratio is 44.17, which is higher than the RIOT Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of SNDK and RIOT, 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

SNDK vs. RIOT - Drawdown Comparison

The maximum SNDK drawdown since its inception was -47.50%, smaller than the maximum RIOT drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for SNDK and RIOT.

Drawdown Indicators

	SNDK	RIOT	Difference
Max Drawdown Largest peak-to-trough decline	-47.50%	-99.98%	+52.48%
Max Drawdown (1Y) Largest decline over 1 year	-31.34%	-48.57%	+17.23%
Max Drawdown (3Y) Largest decline over 3 years	—	-69.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.32%	—
Current Drawdown Current decline from peak	-7.07%	-99.14%	+92.07%
Average Drawdown Average peak-to-trough decline	-13.66%	-87.84%	+74.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.34%	24.50%	-14.16%

Volatility

SNDK vs. RIOT - Volatility Comparison

Sandisk Corporation (SNDK) has a higher volatility of 26.61% compared to Riot Platforms, Inc. (RIOT) at 19.31%. This indicates that SNDK's price experiences larger fluctuations and is considered to be riskier than RIOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNDK	RIOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.61%	19.31%	+7.30%
Volatility (6M) Calculated over the trailing 6-month period	70.24%	61.04%	+9.20%
Volatility (1Y) Calculated over the trailing 1-year period	99.88%	83.92%	+15.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.52%	93.65%	+3.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.52%	112.14%	-14.62%

Dividends

SNDK vs. RIOT - Dividend Comparison

Neither SNDK nor RIOT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
RIOT Riot Platforms, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.52%
SNDK Sandisk Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SNDK and RIOT in my portfolio?

SNDK and RIOT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNDK or RIOT?

SNDK has higher volatility (26.61%) compared to RIOT (19.31%). In terms of maximum drawdown, SNDK dropped -47.50% vs RIOT's -99.98%.

Which has better risk-adjusted returns?

SNDK currently has the higher Sharpe Ratio (44.17 vs 2.21), 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.