SONO vs. AMD

Last updated Jun 4, 2026

SONO (Sonos, Inc.) and AMD (Advanced Micro Devices, Inc.) are both stocks. Both are in the Technology sector — SONO in Consumer Electronics, AMD in Semiconductors. Over the past 5 years, SONO returned -15.00%/yr vs 46.07%/yr for AMD. At a 0.35 correlation, their price movements are largely independent.

Performance

SONO vs. AMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sonos, Inc. (SONO) and Advanced Micro Devices, Inc. (AMD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SONO achieves a -10.48% return, which is significantly lower than AMD's 153.32% return.

SONO

• 1D: -4.55%
• 1M: 5.72%
• YTD: -10.48%
• 6M: -17.48%
• 1Y: 53.82%
• 3Y*: 2.31%
• 5Y*: -15.00%
• 10Y*: —

AMD

• 1D: 4.02%
• 1M: 58.85%
• YTD: 153.32%
• 6M: 149.32%
• 1Y: 362.47%
• 3Y*: 66.35%
• 5Y*: 46.07%
• 10Y*: 62.75%

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

SONO vs. AMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SONO Sonos, Inc.	-10.48%	16.76%	-12.25%	1.42%	-43.29%	27.40%	49.74%	59.06%	-50.68%
AMD Advanced Micro Devices, Inc.	153.32%	77.30%	-18.06%	127.59%	-54.99%	56.91%	99.98%	148.43%	-1.76%

Correlation

The correlation between SONO and AMD 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 (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (All Time) Calculated using the full available price history since Aug 3, 2018	0.35

The correlation between SONO and AMD shifts across timeframes, from 0.28 (3 years) to 0.38 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS SONO : -$0.45 AMD : $3.05
PS Ratio SONO : 0.98 AMD : 23.79
Total Revenue (TTM) SONO : $1.46B AMD : $37.45B
Gross Profit (TTM) SONO : $653.62M AMD : $18.83B
EBITDA (TTM) SONO : -$2.98M AMD : $7.17B

Return for Risk

SONO vs. AMD — Risk / Return Rank

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

SONO

SONO Risk / Return Rank: 73
SONO Sharpe Ratio Rank: 79
SONO Sortino Ratio Rank: 74
SONO Omega Ratio Rank: 71
SONO Calmar Ratio Rank: 70
SONO Martin Ratio Rank: 69

AMD

AMD Risk / Return Rank: 98
AMD Sharpe Ratio Rank: 99
AMD Sortino Ratio Rank: 97
AMD Omega Ratio Rank: 96
AMD Calmar Ratio Rank: 98
AMD Martin Ratio Rank: 97

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.

SONO vs. AMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sonos, Inc. (SONO) and Advanced Micro Devices, Inc. (AMD). 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.

	SONO	AMD	Difference
Sharpe ratio Return per unit of total volatility	1.33	5.64	-4.31
Sortino ratio Return per unit of downside risk	1.97	4.97	-3.00
Omega ratio Gain probability vs. loss probability	1.24	1.66	-0.42
Calmar ratio Return relative to maximum drawdown	1.60	13.16	-11.55
Martin ratio Return relative to average drawdown	3.53	27.28	-23.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SONO vs. AMD - Sharpe Ratio Comparison

The current SONO Sharpe Ratio is 1.33, which is lower than the AMD Sharpe Ratio of 5.64. The chart below compares the historical Sharpe Ratios of SONO and AMD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SONO	AMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	5.64	-4.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	0.84	-1.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.17	-0.22

Drawdowns

SONO vs. AMD - Drawdown Comparison

The maximum SONO drawdown since its inception was -82.46%, smaller than the maximum AMD drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for SONO and AMD.

Drawdown Indicators

	SONO	AMD	Difference
Max Drawdown Largest peak-to-trough decline	-82.46%	-96.59%	+14.13%
Max Drawdown (1Y) Largest decline over 1 year	-33.72%	-27.76%	-5.96%
Max Drawdown (3Y) Largest decline over 3 years	-60.53%	-63.00%	+2.47%
Max Drawdown (5Y) Largest decline over 5 years	-81.36%	-65.45%	-15.91%
Max Drawdown (10Y) Largest decline over 10 years	—	-65.45%	—
Current Drawdown Current decline from peak	-64.18%	0.00%	-64.18%
Average Drawdown Average peak-to-trough decline	-49.55%	-56.68%	+7.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.27%	13.36%	+1.91%

Volatility

SONO vs. AMD - Volatility Comparison

The current volatility for Sonos, Inc. (SONO) is 13.27%, while Advanced Micro Devices, Inc. (AMD) has a volatility of 24.11%. This indicates that SONO experiences smaller price fluctuations and is considered to be less risky than AMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SONO	AMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.27%	24.11%	-10.84%
Volatility (6M) Calculated over the trailing 6-month period	27.38%	47.17%	-19.79%
Volatility (1Y) Calculated over the trailing 1-year period	40.73%	64.84%	-24.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.05%	55.25%	-8.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.03%	56.83%	-2.80%

Dividends

SONO vs. AMD - Dividend Comparison

Neither SONO nor AMD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

SONO vs. AMD - Profitability Comparison

The chart below illustrates the profitability comparison between Sonos, Inc. and Advanced Micro Devices, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SONO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sonos, Inc. reported a gross profit of 124.65M and revenue of 281.53M. Therefore, the gross margin over that period was 44.3%.

AMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported a gross profit of 5.42B and revenue of 10.25B. Therefore, the gross margin over that period was 52.8%.

SONO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sonos, Inc. reported an operating income of -34.09M and revenue of 281.53M, resulting in an operating margin of -12.1%.

AMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported an operating income of 1.48B and revenue of 10.25B, resulting in an operating margin of 14.4%.

SONO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sonos, Inc. reported a net income of -93.80M and revenue of 281.53M, resulting in a net margin of -33.3%.

AMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported a net income of 1.38B and revenue of 10.25B, resulting in a net margin of 13.5%.

Frequently Asked Questions

Can I hold both SONO and AMD in my portfolio?

SONO and AMD 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, SONO or AMD?

AMD has higher volatility (24.11%) compared to SONO (13.27%). In terms of maximum drawdown, SONO dropped -82.46% vs AMD's -96.59%.

Which has better risk-adjusted returns?

AMD currently has the higher Sharpe Ratio (5.64 vs 1.33), 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.