UPST vs. SMCI
UPST (Upstart Holdings, Inc.) and SMCI (Super Micro Computer, Inc.) are both stocks. UPST operates in Credit Services (Financial Services), while SMCI operates in Computer Hardware (Technology). Over the past 5 years, UPST returned -25.65%/yr vs 49.49%/yr for SMCI. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
UPST vs. SMCI - Performance Comparison
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Returns By Period
In the year-to-date period, UPST achieves a -37.25% return, which is significantly lower than SMCI's -2.97% return.
UPST
- 1D
- 1.48%
- 1M
- -21.10%
- 6M
- -30.09%
- YTD
- -37.25%
- 1Y
- -65.36%
- 3Y*
- -27.53%
- 5Y*
- -25.65%
- 10Y*
- —
- ALL TIME*
- 0.96%
SMCI
- 1D
- 2.42%
- 1M
- 4.34%
- 6M
- -2.44%
- YTD
- -2.97%
- 1Y
- -49.86%
- 3Y*
- -5.60%
- 5Y*
- 49.49%
- 10Y*
- 29.71%
- ALL TIME*
- 19.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.63B | $1.22B | $1.80B | |
| $95.19M | $108.53M | $137.74M |
UPST vs. SMCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UPST Upstart Holdings, Inc. | -37.25% | -28.98% | 50.69% | 209.08% | -91.26% | 271.29% | 56.73% |
SMCI Super Micro Computer, Inc. | -2.97% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 5.89% |
Correlation
The correlation between UPST and SMCI is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2020 | 0.31 |
Fundamentals
UPST:
$2.63B
SMCI:
$18.37B
UPST:
$0.46
SMCI:
$2.66
UPST:
59.03
SMCI:
10.69
UPST:
0.25
SMCI:
0.24
UPST:
2.51
SMCI:
0.56
UPST:
3.63
SMCI:
2.53
UPST:
$1.16B
SMCI:
$33.70B
UPST:
$810.61M
SMCI:
$2.83B
UPST:
$67.66M
SMCI:
$1.47B
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Return for Risk
UPST vs. SMCI — Risk / Return Rank
UPST
SMCI
UPST vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Upstart Holdings, Inc. (UPST) 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.
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.
| UPST | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.94 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.80 | -0.14 |
| Martin ratioReturn relative to average drawdown | -1.27 | -1.24 | -0.03 |
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Drawdowns
UPST vs. SMCI - Drawdown Comparison
The maximum UPST drawdown since its inception was -96.90%, which is greater than SMCI's maximum drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for UPST and SMCI.
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Drawdown Indicators
| UPST | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.90% | -84.84% | -12.06% |
Max Drawdown (1Y)Largest decline over 1 year | -70.76% | -65.01% | -5.75% |
Max Drawdown (3Y)Largest decline over 3 years | -72.72% | -84.84% | +12.12% |
Max Drawdown (5Y)Largest decline over 5 years | -96.90% | -84.84% | -12.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.84% | — |
Current DrawdownCurrent decline from peak | -92.96% | -76.10% | -16.86% |
Average DrawdownAverage peak-to-trough decline | -76.55% | -32.28% | -44.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.32% | 42.29% | +10.03% |
Volatility
UPST vs. SMCI - Volatility Comparison
The current volatility for Upstart Holdings, Inc. (UPST) is 11.77%, while Super Micro Computer, Inc. (SMCI) has a volatility of 27.83%. This indicates that UPST 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.
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Volatility by Period
| UPST | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.77% | 27.83% | -16.06% |
Volatility (6M)Calculated over the trailing 6-month period | 48.91% | 82.17% | -33.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.26% | 89.74% | -20.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 103.59% | 88.01% | +15.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.89% | 71.49% | +41.40% |
Dividends
UPST vs. SMCI - Dividend Comparison
Neither UPST nor SMCI has paid dividends to shareholders.
Financials
UPST vs. SMCI - Financials Comparison
This section allows you to compare key financial metrics between Upstart Holdings, Inc. and Super Micro Computer, Inc.. 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
UPST vs. SMCI - Profitability Comparison
UPST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Upstart Holdings, Inc. reported a gross profit of 0.00 and revenue of 308.21M. Therefore, the gross margin over that period was 0.0%.
SMCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
UPST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Upstart Holdings, Inc. reported an operating income of -7.52M and revenue of 308.21M, resulting in an operating margin of -2.4%.
SMCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
UPST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Upstart Holdings, Inc. reported a net income of -6.65M and revenue of 308.21M, resulting in a net margin of -2.2%.
SMCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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
UPST and SMCI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (27.83%) compared to UPST (11.77%). In terms of maximum drawdown, UPST dropped -96.90% vs SMCI's -84.84%.
SMCI currently has the higher Sharpe Ratio (-0.58 vs -0.96), 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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