SPB vs. SMG
SPB (Spectrum Brands Holdings, Inc.) and SMG (The Scotts Miracle-Gro Company) are both stocks. SPB operates in Household & Personal Products (Consumer Defensive), while SMG operates in Agricultural Inputs (Basic Materials). Over the past 10 years, SPB returned -0.96%/yr vs 2.73%/yr for SMG. At a 0.38 correlation, their price movements are largely independent.
Performance
SPB vs. SMG - Performance Comparison
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Returns By Period
In the year-to-date period, SPB achieves a 43.02% return, which is significantly higher than SMG's 11.08% return. Over the past 10 years, SPB has underperformed SMG with an annualized return of -0.96%, while SMG has yielded a comparatively higher 2.73% annualized return.
SPB
- 1D
- 0.22%
- 1M
- 7.18%
- YTD
- 43.02%
- 6M
- 41.58%
- 1Y
- 63.56%
- 3Y*
- 6.42%
- 5Y*
- 2.58%
- 10Y*
- -0.96%
SMG
- 1D
- 1.24%
- 1M
- 7.32%
- YTD
- 11.08%
- 6M
- 11.01%
- 1Y
- 4.51%
- 3Y*
- 8.00%
- 5Y*
- -16.76%
- 10Y*
- 2.73%
SPB vs. SMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPB Spectrum Brands Holdings, Inc. | 43.02% | -27.90% | 7.96% | 34.08% | -38.13% | 31.26% | 26.86% | 56.71% | -61.51% | -6.83% |
SMG The Scotts Miracle-Gro Company | 11.08% | -8.01% | 8.28% | 36.92% | -68.81% | -18.03% | 96.18% | 77.05% | -41.00% | 14.46% |
Correlation
The correlation between SPB and SMG is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2009 | 0.38 |
Fundamentals
SPB:
$4.32
SMG:
$1.90
SPB:
19.33
SMG:
33.39
SPB:
0.03
SMG:
0.23
SPB:
0.73
SMG:
1.09
SPB:
$2.79B
SMG:
$3.39B
SPB:
$1.02B
SMG:
$1.10B
SPB:
$201.20M
SMG:
$493.90M
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Return for Risk
SPB vs. SMG — Risk / Return Rank
SPB
SMG
SPB vs. SMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spectrum Brands Holdings, Inc. (SPB) and The Scotts Miracle-Gro Company (SMG). 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.
| SPB | SMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.05 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 0.19 | +3.86 |
| Martin ratioReturn relative to average drawdown | 9.65 | 0.34 | +9.32 |
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Drawdowns
SPB vs. SMG - Drawdown Comparison
The maximum SPB drawdown since its inception was -81.97%, roughly equal to the maximum SMG drawdown of -83.55%. Use the drawdown chart below to compare losses from any high point for SPB and SMG.
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Drawdown Indicators
| SPB | SMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.97% | -83.55% | +1.58% |
Max Drawdown (1Y)Largest decline over 1 year | -15.76% | -23.85% | +8.09% |
Max Drawdown (3Y)Largest decline over 3 years | -46.30% | -47.42% | +1.12% |
Max Drawdown (5Y)Largest decline over 5 years | -62.73% | -78.41% | +15.68% |
Max Drawdown (10Y)Largest decline over 10 years | -81.97% | -83.55% | +1.58% |
Current DrawdownCurrent decline from peak | -27.35% | -69.55% | +42.20% |
Average DrawdownAverage peak-to-trough decline | -26.06% | -22.04% | -4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.60% | 13.31% | -6.71% |
Volatility
SPB vs. SMG - Volatility Comparison
The current volatility for Spectrum Brands Holdings, Inc. (SPB) is 9.31%, while The Scotts Miracle-Gro Company (SMG) has a volatility of 10.03%. This indicates that SPB experiences smaller price fluctuations and is considered to be less risky than SMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPB | SMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.31% | 10.03% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 25.10% | 26.49% | -1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.59% | 34.25% | +2.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.01% | 46.34% | -9.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.43% | 40.43% | 0.00% |
Dividends
SPB vs. SMG - Dividend Comparison
SPB's dividend yield for the trailing twelve months is around 2.25%, less than SMG's 4.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMG The Scotts Miracle-Gro Company | 4.16% | 4.52% | 3.98% | 4.14% | 5.43% | 1.59% | 3.72% | 2.13% | 3.51% | 1.93% | 2.03% | 2.85% |
SPB Spectrum Brands Holdings, Inc. | 2.25% | 3.18% | 2.05% | 2.11% | 3.45% | 1.65% | 2.20% | 2.61% | 4.12% | 1.49% | 1.24% | 1.30% |
Financials
SPB vs. SMG - Financials Comparison
This section allows you to compare key financial metrics between Spectrum Brands Holdings, Inc. and The Scotts Miracle-Gro Company. 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
SPB vs. SMG - Profitability Comparison
SPB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spectrum Brands Holdings, Inc. reported a gross profit of 245.90M and revenue of 677.00M. Therefore, the gross margin over that period was 36.3%.
SMG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Scotts Miracle-Gro Company reported a gross profit of 610.50M and revenue of 1.46B. Therefore, the gross margin over that period was 41.8%.
SPB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spectrum Brands Holdings, Inc. reported an operating income of 33.40M and revenue of 677.00M, resulting in an operating margin of 4.9%.
SMG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Scotts Miracle-Gro Company reported an operating income of 401.80M and revenue of 1.46B, resulting in an operating margin of 27.5%.
SPB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spectrum Brands Holdings, Inc. reported a net income of 28.40M and revenue of 677.00M, resulting in a net margin of 4.2%.
SMG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Scotts Miracle-Gro Company reported a net income of 238.60M and revenue of 1.46B, resulting in a net margin of 16.4%.
Frequently Asked Questions
SPB and SMG have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMG has higher volatility (10.03%) compared to SPB (9.31%). In terms of maximum drawdown, SPB dropped -81.97% vs SMG's -83.55%.
SPB currently has the higher Sharpe Ratio (1.75 vs 0.13), 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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