SNDK vs. SGOV
SNDK (Sandisk Corporation) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past year, SNDK returned 4781.34% vs 3.93% for SGOV. At a 0.04 correlation, their price movements are largely independent.
Performance
SNDK vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, SNDK achieves a 857.84% return, which is significantly higher than SGOV's 1.70% return.
SNDK
- 1D
- 4.07%
- 1M
- 53.77%
- YTD
- 857.84%
- 6M
- 843.26%
- 1Y
- 4,781.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.27%
- YTD
- 1.70%
- 6M
- 1.80%
- 1Y
- 3.93%
- 3Y*
- 4.68%
- 5Y*
- 3.58%
- 10Y*
- —
SNDK vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SNDK Sandisk Corporation | 857.84% | 356.50% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.70% | 3.60% |
Correlation
The correlation between SNDK and SGOV is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2025 | 0.04 |
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Return for Risk
SNDK vs. SGOV — Risk / Return Rank
SNDK
SGOV
SNDK vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sandisk Corporation (SNDK) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +28.06 | ||
| Sortino ratioReturn per unit of downside risk | -265.91 | ||
| Omega ratioGain probability vs. loss probability | 2.15 | 194.55 | -192.40 |
| Calmar ratioReturn relative to maximum drawdown | 155.00 | 396.11 | -241.11 |
| Martin ratioReturn relative to average drawdown | 468.86 | 4,438.60 | -3,969.73 |
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Drawdowns
SNDK vs. SGOV - Drawdown Comparison
The maximum SNDK drawdown since its inception was -47.50%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for SNDK and SGOV.
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Drawdown Indicators
| SNDK | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.50% | -0.03% | -47.47% |
Max Drawdown (1Y)Largest decline over 1 year | -31.34% | -0.01% | -31.33% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -13.57% | -0.00% | -13.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.34% | 0.00% | +10.34% |
Volatility
SNDK vs. SGOV - Volatility Comparison
Sandisk Corporation (SNDK) has a higher volatility of 28.09% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that SNDK's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNDK | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.09% | 0.06% | +28.03% |
Volatility (6M)Calculated over the trailing 6-month period | 70.78% | 0.13% | +70.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.47% | 0.19% | +100.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.66% | 0.24% | +97.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.66% | 0.24% | +97.42% |
Dividends
SNDK vs. SGOV - Dividend Comparison
SNDK has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
SNDK Sandisk Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SNDK and SGOV have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNDK has higher volatility (28.09%) compared to SGOV (0.06%). In terms of maximum drawdown, SNDK dropped -47.50% vs SGOV's -0.03%.
SNDK currently has the higher Sharpe Ratio (48.44 vs 20.38), 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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