ZBRA vs. SMCI
ZBRA (Zebra Technologies Corporation) and SMCI (Super Micro Computer, Inc.) are both stocks. Both are in the Technology sector — ZBRA in Communication Equipment, SMCI in Computer Hardware. Over the past 10 years, ZBRA returned 15.32%/yr vs 32.81%/yr for SMCI. At a 0.37 correlation, their price movements are largely independent.
Performance
ZBRA vs. SMCI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZBRA achieves a -4.03% return, which is significantly lower than SMCI's 50.29% return. Over the past 10 years, ZBRA has underperformed SMCI with an annualized return of 15.32%, while SMCI has yielded a comparatively higher 32.81% annualized return.
ZBRA
- 1D
- 0.40%
- 1M
- 3.10%
- YTD
- -4.03%
- 6M
- -11.86%
- 1Y
- -21.10%
- 3Y*
- -5.33%
- 5Y*
- -14.34%
- 10Y*
- 15.32%
SMCI
- 1D
- 5.64%
- 1M
- 24.37%
- YTD
- 50.29%
- 6M
- 24.37%
- 1Y
- 5.87%
- 3Y*
- 18.91%
- 5Y*
- 64.69%
- 10Y*
- 32.81%
ZBRA vs. SMCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZBRA Zebra Technologies Corporation | -4.03% | -37.13% | 41.30% | 6.60% | -56.92% | 54.87% | 50.46% | 60.42% | 53.40% | 21.04% |
SMCI Super Micro Computer, Inc. | 50.29% | -3.97% | 7.23% | 246.24% | 86.80% | 38.82% | 31.81% | 74.06% | -34.07% | -25.38% |
Correlation
The correlation between ZBRA and SMCI is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2007 | 0.37 |
Fundamentals
ZBRA:
$11.80B
SMCI:
$29.63B
ZBRA:
$8.16
SMCI:
$2.70
ZBRA:
28.56
SMCI:
16.27
ZBRA:
2.14
SMCI:
0.86
ZBRA:
3.40
SMCI:
3.91
ZBRA:
$5.58B
SMCI:
$33.70B
ZBRA:
$2.65B
SMCI:
$2.83B
ZBRA:
$1.02B
SMCI:
$1.47B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZBRA vs. SMCI — Risk / Return Rank
ZBRA
SMCI
ZBRA vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zebra Technologies Corporation (ZBRA) 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.
| ZBRA | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.09 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.09 | -0.60 |
| Martin ratioReturn relative to average drawdown | -0.88 | 0.15 | -1.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ZBRA | SMCI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.51 | 0.07 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.76 | -1.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.47 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.36 | -0.12 |
Drawdowns
ZBRA vs. SMCI - Drawdown Comparison
The maximum ZBRA drawdown since its inception was -73.42%, smaller than the maximum SMCI drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for ZBRA and SMCI.
Loading charts...
Drawdown Indicators
| ZBRA | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.42% | -84.84% | +11.42% |
Max Drawdown (1Y)Largest decline over 1 year | -41.62% | -66.18% | +24.56% |
Max Drawdown (3Y)Largest decline over 3 years | -52.67% | -84.84% | +32.17% |
Max Drawdown (5Y)Largest decline over 5 years | -67.78% | -84.84% | +17.06% |
Max Drawdown (10Y)Largest decline over 10 years | -67.78% | -84.84% | +17.06% |
Current DrawdownCurrent decline from peak | -62.08% | -62.97% | +0.89% |
Average DrawdownAverage peak-to-trough decline | -27.69% | -31.96% | +4.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.98% | 38.91% | -14.93% |
Volatility
ZBRA vs. SMCI - Volatility Comparison
The current volatility for Zebra Technologies Corporation (ZBRA) is 16.92%, while Super Micro Computer, Inc. (SMCI) has a volatility of 26.36%. This indicates that ZBRA 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.
Loading charts...
Volatility by Period
| ZBRA | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.92% | 26.36% | -9.44% |
Volatility (6M)Calculated over the trailing 6-month period | 30.20% | 67.65% | -37.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.55% | 79.63% | -38.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.33% | 85.44% | -45.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.31% | 70.55% | -31.24% |
Dividends
ZBRA vs. SMCI - Dividend Comparison
Neither ZBRA nor SMCI has paid dividends to shareholders.
Financials
ZBRA vs. SMCI - Financials Comparison
This section allows you to compare key financial metrics between Zebra Technologies Corporation 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
ZBRA vs. SMCI - Profitability Comparison
ZBRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported a gross profit of 742.00M and revenue of 1.50B. Therefore, the gross margin over that period was 49.6%.
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%.
ZBRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported an operating income of 215.00M and revenue of 1.50B, resulting in an operating margin of 14.4%.
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%.
ZBRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported a net income of 135.00M and revenue of 1.50B, resulting in a net margin of 9.0%.
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
ZBRA and SMCI have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (26.36%) compared to ZBRA (16.92%). In terms of maximum drawdown, ZBRA dropped -73.42% vs SMCI's -84.84%.
SMCI currently has the higher Sharpe Ratio (0.07 vs -0.51), 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.
Find the right allocation for ZBRA and SMCI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer