TNL vs. SMCI

Last updated Jun 4, 2026

TNL (Travel + Leisure Co.) and SMCI (Super Micro Computer, Inc.) are both stocks. TNL operates in Travel Services (Consumer Cyclical), while SMCI operates in Computer Hardware (Technology). Over the past 10 years, TNL returned 12.59%/yr vs 33.40%/yr for SMCI. At a 0.35 correlation, their price movements are largely independent.

Performance

TNL vs. SMCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Travel + Leisure Co. (TNL) and Super Micro Computer, Inc. (SMCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TNL achieves a -0.08% return, which is significantly lower than SMCI's 62.01% return. Over the past 10 years, TNL has underperformed SMCI with an annualized return of 12.59%, while SMCI has yielded a comparatively higher 33.40% annualized return.

TNL

• 1D: -2.38%
• 1M: 12.40%
• YTD: -0.08%
• 6M: 2.93%
• 1Y: 47.02%
• 3Y*: 26.21%
• 5Y*: 5.67%
• 10Y*: 12.59%

SMCI

• 1D: -5.48%
• 1M: 69.84%
• YTD: 62.01%
• 6M: 40.80%
• 1Y: 9.79%
• 3Y*: 28.80%
• 5Y*: 66.83%
• 10Y*: 33.40%

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

TNL vs. SMCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TNL Travel + Leisure Co.	-0.08%	45.46%	34.76%	12.51%	-31.67%	25.95%	-8.59%	50.09%	-29.47%	55.45%
SMCI Super Micro Computer, Inc.	62.01%	-3.97%	7.23%	246.24%	86.80%	38.82%	31.81%	74.06%	-34.07%	-25.38%

Correlation

The correlation between TNL and SMCI is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 30, 2007	0.35

Fundamentals

Market Cap TNL : $4.52B SMCI : $31.94B
EPS TNL : $3.62 SMCI : $2.70
PE Ratio TNL : 19.30 SMCI : 17.54
PEG Ratio TNL : 8.59 SMCI : 0.39
PS Ratio TNL : 1.13 SMCI : 0.93
Total Revenue (TTM) TNL : $4.05B SMCI : $33.70B
Gross Profit (TTM) TNL : $1.75B SMCI : $2.83B
EBITDA (TTM) TNL : $696.00M SMCI : $1.47B

Return for Risk

TNL vs. SMCI — Risk / Return Rank

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

TNL

TNL Risk / Return Rank: 76
TNL Sharpe Ratio Rank: 77
TNL Sortino Ratio Rank: 74
TNL Omega Ratio Rank: 75
TNL Calmar Ratio Rank: 76
TNL Martin Ratio Rank: 79

SMCI

SMCI Risk / Return Rank: 45
SMCI Sharpe Ratio Rank: 45
SMCI Sortino Ratio Rank: 47
SMCI Omega Ratio Rank: 48
SMCI Calmar Ratio Rank: 44
SMCI Martin Ratio Rank: 43

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.

TNL vs. SMCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Travel + Leisure Co. (TNL) and Super Micro Computer, Inc. (SMCI). 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.

	TNL	SMCI	Difference
Sharpe ratio Return per unit of total volatility	1.31	0.12	+1.19
Sortino ratio Return per unit of downside risk	1.95	0.75	+1.20
Omega ratio Gain probability vs. loss probability	1.27	1.10	+0.16
Calmar ratio Return relative to maximum drawdown	2.24	0.15	+2.10
Martin ratio Return relative to average drawdown	6.21	0.25	+5.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TNL vs. SMCI - Sharpe Ratio Comparison

The current TNL Sharpe Ratio is 1.31, which is higher than the SMCI Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of TNL and SMCI, 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

	TNL	SMCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	0.12	+1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.79	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.48	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.37	-0.13

Drawdowns

TNL vs. SMCI - Drawdown Comparison

The maximum TNL drawdown since its inception was -92.23%, which is greater than SMCI's maximum drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for TNL and SMCI.

Drawdown Indicators

	TNL	SMCI	Difference
Max Drawdown Largest peak-to-trough decline	-92.23%	-84.84%	-7.39%
Max Drawdown (1Y) Largest decline over 1 year	-21.06%	-66.18%	+45.12%
Max Drawdown (3Y) Largest decline over 3 years	-32.18%	-84.84%	+52.66%
Max Drawdown (5Y) Largest decline over 5 years	-45.03%	-84.84%	+39.81%
Max Drawdown (10Y) Largest decline over 10 years	-68.07%	-84.84%	+16.77%
Current Drawdown Current decline from peak	-11.26%	-60.09%	+48.83%
Average Drawdown Average peak-to-trough decline	-20.54%	-31.94%	+11.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.59%	38.80%	-31.21%

Volatility

TNL vs. SMCI - Volatility Comparison

The current volatility for Travel + Leisure Co. (TNL) is 8.74%, while Super Micro Computer, Inc. (SMCI) has a volatility of 30.41%. This indicates that TNL experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TNL	SMCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.74%	30.41%	-21.67%
Volatility (6M) Calculated over the trailing 6-month period	25.84%	66.39%	-40.55%
Volatility (1Y) Calculated over the trailing 1-year period	36.08%	79.02%	-42.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.11%	85.25%	-48.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.99%	70.43%	-28.44%

Dividends

TNL vs. SMCI - Dividend Comparison

TNL's dividend yield for the trailing twelve months is around 3.26%, while SMCI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMCI Super Micro Computer, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TNL Travel + Leisure Co.	3.26%	3.18%	3.96%	4.60%	4.40%	2.26%	3.57%	3.48%	170.40%	2.00%	2.62%	2.31%

Financials

TNL vs. SMCI - Profitability Comparison

The chart below illustrates the profitability comparison between Travel + Leisure Co. and Super Micro Computer, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TNL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Travel + Leisure Co. reported a gross profit of 520.00M and revenue of 961.00M. Therefore, the gross margin over that period was 54.1%.

SMCI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a gross profit of 1.02B and revenue of 10.24B. Therefore, the gross margin over that period was 10.0%.

TNL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Travel + Leisure Co. reported an operating income of 159.00M and revenue of 961.00M, resulting in an operating margin of 16.6%.

SMCI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported an operating income of 625.87M and revenue of 10.24B, resulting in an operating margin of 6.1%.

TNL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Travel + Leisure Co. reported a net income of 79.00M and revenue of 961.00M, resulting in a net margin of 8.2%.

SMCI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Super Micro Computer, Inc. reported a net income of 1.02B and revenue of 10.24B, resulting in a net margin of 9.9%.

Frequently Asked Questions

Can I hold both TNL and SMCI in my portfolio?

TNL and SMCI have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TNL or SMCI?

SMCI has higher volatility (30.41%) compared to TNL (8.74%). In terms of maximum drawdown, TNL dropped -92.23% vs SMCI's -84.84%.

Which has better risk-adjusted returns?

TNL currently has the higher Sharpe Ratio (1.31 vs 0.12), 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.