# How Super Micro Computer (SMCIP) compares with the whole market and its popular alternatives

> Source: BetterThanSPY research, https://betterthanspy.com/research/smcip
> Data as of October 22, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on SMCIP alone. It places SMCIP (Super Micro Computer, Inc.) against 15 popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken and diversification. The result is a clearer view of where SMCIP stands in the market, and of the alternatives worth a closer look.

Period covered: SMCIP's full trading record. All returns include reinvested dividends. Data as of October 22, 2026.

## Key findings

- **Right now:** SMCIP is 22.5% below its high, bear-market territory, while the S&P 500 sits 1.9% below a record. Its computer hardware peers split over the past 3 months: NTAP (NetApp) rose 27.9%, while WDC (Western Digital) fell 36.4%.
- **Stock or market?:** More than an industry move: SMCIP rose 9.1% over the past 3 months, against 2.7% for the computer hardware ETF VGT (Vanguard Information Technology ETF). The S&P 500 rose 2.5%. Its computer hardware peers did not move as one over the past 3 months: NTAP (NetApp) rose 27.9%, while WDC (Western Digital) fell 36.4%.
- **Past 1 to 3 years:** SMCIP's 27.8% fall from June 2026 to July 2026 took 1 month to heal. the S&P 500 fell 0.3% over those same dates.

## SMCIP at a glance

This section summarizes the key facts about the stock, its returns over the months since it began trading and the risk it has carried, with dividends reinvested throughout.

- SMCIP is still 22.5% below its all-time high.
- SMCIP's deepest decline since it began trading in 2026 was 27.8%, from June to July 2026. It took one month from the low to climb back to its old high.

- Type: Stock, Technology (Computer Hardware)
- Trading since: June 11, 2026
- Market value: $38B
- Worst decline ever: −27.8%, from June 22, 2026 to July 20, 2026; back at its high by August 12, 2026

| Period | SMCIP total return |
| --- | --- |
| 1 month | −16.7% |
| 3 months | +9.1% |

## SMCIP against its popular alternatives

The investments people most often weigh against SMCIP, compared period by period and year by year.

### Has SMCIP consistently beaten its popular alternatives?

This section compares SMCIP with the investments people most often weigh against it, checking each one over two periods from one month to three months.

- Five of the 15 popular alternatives, led by HPQ, CRSR and NTAP, outperformed SMCIP in both of its timeframes.

| Investment | Periods ahead of SMCIP | Verdict | Sharpe |
| --- | --- | --- | --- |
| SMCIP: Super Micro Computer, Inc. (this page) |  |  | — |
| HPQ: HP Inc. | 2/2 short-term | consistent | — |
| CRSR: Corsair Gaming, Inc. | 2/2 short-term | consistent | — |
| [NTAP](https://betterthanspy.com/research/ntap): NetApp, Inc. | 2/2 short-term | consistent | — |
| [IBM](https://betterthanspy.com/research/ibm): International Business Machines Corporation | 2/2 short-term | consistent | — |
| [HPE](https://betterthanspy.com/research/hpe): Hewlett Packard Enterprise Company | 2/2 short-term | consistent | — |
| SMCI: Super Micro Computer, Inc. | 1/2 short-term |  | — |
| LOGI: Logitech International S.A. | 1/2 short-term |  | — |
| [NVDA](https://betterthanspy.com/research/nvda): NVIDIA Corporation | 1/2 short-term |  | — |
| PFF: iShares Preferred and Income Securities ETF | 1/2 short-term |  | — |
| [AVGO](https://betterthanspy.com/research/avgo): Broadcom Inc. | 1/2 short-term |  | — |
| [DELL](https://betterthanspy.com/research/dell): Dell Technologies Inc. | 0/2 short-term |  | — |
| [ANET](https://betterthanspy.com/research/anet): Arista Networks, Inc. | 0/2 short-term |  | — |
| [AMD](https://betterthanspy.com/research/amd): Advanced Micro Devices, Inc. | 0/2 short-term |  | — |
| [STX](https://betterthanspy.com/research/stx): Seagate Technology Holdings plc | 0/2 short-term |  | — |
| [WDC](https://betterthanspy.com/research/wdc): Western Digital Corporation | 0/2 short-term |  | — |

## Risk and diversification

How SMCIP has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were SMCIP's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of SMCIP's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: SMCIP fell 27.8% from June to July 2026, while the S&P 500 slipped only 0.3%.
- None of these declines kept SMCIP below its old high for long; the longest climb back took one months.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −27.8% | June 22, 2026 | July 20, 2026 | August 12, 2026 | −0.3% |  |
| −26.6% | October 7, 2026 | October 16, 2026 | not yet | −1.8% |  |
| −10.7% | August 14, 2026 | August 24, 2026 | September 8, 2026 | −1.7% |  |
| −10.4% | September 8, 2026 | September 15, 2026 | September 17, 2026 | −1.1% |  |
| −8.6% | June 15, 2026 | June 17, 2026 | June 22, 2026 | −1.8% |  |

## Common questions

### What was SMCIP's worst drawdown?

SMCIP's deepest decline since it began trading in 2026 was 27.8%, from June to July 2026. It took one month from the low to climb back to its old high. Because SMCIP launched in June 2026, that record does not include the dot-com bust, the 2008 financial crisis or eight other sell-offs.

### What are the best alternatives to SMCIP?

Of the 15 popular alternatives we compared, five outperformed SMCIP in both of its timeframes, with dividends reinvested: HPQ, CRSR and NTAP.

## More research

- [NetApp (NTAP) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/ntap)
- [International Business Machines (IBM) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/ibm)
- [Hewlett Packard Enterprise (HPE) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/hpe)
- [NVIDIA (NVDA) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/nvda)
- [Broadcom (AVGO) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/avgo)
- [Dell Technologies (DELL) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/dell)
- [Arista Networks (ANET) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/anet)
- [Advanced Micro Devices (AMD) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/amd)
- [Seagate Technology (STX) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/stx)
- [Western Digital (WDC) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/wdc)
- [Schwab U.S. Dividend Equity ETF (SCHD) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/schd)
- [Apple (AAPL) Performance, Alternatives and Market Rank](https://betterthanspy.com/research/aapl)

## Explore further

- Full page with charts: https://betterthanspy.com/research/smcip
- All research pages: https://betterthanspy.com/llms.txt
- Compare the entire market against SMCIP live: https://betterthanspy.com/?b=SMCIP