# How Sandisk (SNDK) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/sndk
> Data as of October 20, 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 SNDK alone. It places SNDK (Sandisk Corporation) against 12 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 SNDK stands in the market, and of the alternatives worth a closer look.

Period covered: SNDK's full trading record, from February 2025 through September 2026. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** Over the past 6 months, SNDK rose 49.5% against 9.1% for the S&P 500 and 11.2% for the Nasdaq 100. That said, the slide is SNDK's own: it is 41.5% below its high, against 1.3% for the S&P 500.
- **Stock or market?:** SNDK fell 1.8% over the past 3 months, in line with the computer hardware ETF SMH (VanEck Semiconductor ETF), which fell 2.2%. The S&P 500 rose 3.9%. Its computer hardware peers did not move as one over the past 3 months: HPE (Hewlett Packard Enterprise) rose 26.3%, while WDC (Western Digital) fell 25.2%.
- **Past 1 to 3 years:** SNDK has run far ahead of the market, rising 822% over the past year against 15.8% for the S&P 500 and 17.9% for the Nasdaq 100.

## How much would $10,000 in SNDK have grown?

This chart tracks a hypothetical $10,000 investment in SNDK over the past 1 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of SNDK over the same span and SNDK's popular alternatives, among those that traded for the entire period.

- $10,000 invested in SNDK at the end of September 2025 would have grown to $155,071 by September 2026, more than the $11,571 it would have become in SPY, an S&P 500 fund.
- Two of the eight other investments on the chart ended ahead of SNDK, and MGRT finished highest, at $214,153.

## SNDK at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- SNDK is still 41.5% below its all-time high.
- SNDK's deepest decline since it began trading in 2025 was 56.5%, from June to July 2026. It has not yet climbed back to that peak.

- Type: Stock, Technology (Computer Hardware)
- Trading since: February 13, 2025
- Market value: $197B
- Volatility (1 year): 114%; Sharpe ratio: 2.53
- Worst decline ever: −56.5%, from June 25, 2026 to July 29, 2026; not yet back at its high

| Period | SNDK total return |
| --- | --- |
| 1 month | −22.7% |
| 3 months | −1.8% |
| 6 months | +49.5% |
| year to date | +396% |
| 1 year | +822% |

## SNDK against the whole market

Where SNDK ranks among every stock and fund, and what across the market has done better.

### How does SNDK rank among all stocks?

This section ranks SNDK on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- SNDK's 1-year return ranks in the top 1% of the 3,287 stocks worth at least $300 million with 1 year of history.
- SNDK is among the more volatile stocks: its price swings rank in the bottom 2% of the 3,287 stocks worth at least $300 million, where the top is the calmest.

| Measure | SNDK | Rank |
| --- | --- | --- |
| 1-year return | +822% | 1 of 3,287 (top 1%) |
| Volatility, 1 year | 114% | 3,215 of 3,287 (top 98%) |
| Sharpe ratio, 1 year | 2.53 | 23 of 3,287 (top 1%) |

## SNDK against its popular alternatives

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

### How do SNDK's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 1 year against its volatility, the size of its typical price swings.

- None of the 12 popular alternatives earned more than SNDK over the past 1 year with smaller price swings, so every higher return on the map came with a bumpier ride.
- Over the past 1 year, SNDK returned 822.3% a year, more than the S&P 500's 15.8%, with higher volatility (113.7% against 12.7%).

### Has SNDK consistently beaten its popular alternatives?

This section compares SNDK with the investments people most often weigh against it, checking each one over five periods from one month to one year.

- Five of the 12 popular alternatives, led by MU, DELL and MRVL, outperformed SNDK in at least 3 of 5 timeframes.

| Investment | 1Y return | Periods ahead of SNDK | Verdict | Sharpe |
| --- | --- | --- | --- | --- |
| SNDK: Sandisk Corporation (this page) | +822% |  |  | 2.53 |
| [MU](https://easycompare.io/research/mu): Micron Technology, Inc. | +334% | 3/5 short-term | consistent | 2.22 |
| [DELL](https://easycompare.io/research/dell): Dell Technologies Inc. | +217% | 3/5 short-term | consistent | 1.89 |
| [MRVL](https://easycompare.io/research/mrvl): Marvell Technology, Inc. | +181% | 3/5 short-term | consistent | 1.69 |
| [HPE](https://easycompare.io/research/hpe): Hewlett Packard Enterprise Company | +150% | 3/5 short-term | consistent | 1.87 |
| [NTAP](https://easycompare.io/research/ntap): NetApp, Inc. | +81.9% | 3/5 short-term | consistent | 1.54 |
| SIMO: Silicon Motion Technology Corporation | +125% | 2/5 short-term |  | 1.35 |
| [NVDA](https://easycompare.io/research/nvda): NVIDIA Corporation | +18.8% | 2/5 short-term |  | 0.65 |
| [WDC](https://easycompare.io/research/wdc): Western Digital Corporation | +200% | 1/5 short-term |  | 1.77 |
| [LRCX](https://easycompare.io/research/lrcx): Lam Research Corporation | +83.7% | 1/5 short-term |  | 1.27 |
| [AMAT](https://easycompare.io/research/amat): Applied Materials, Inc. | +78.5% | 1/5 short-term |  | 1.27 |
| [KLAC](https://easycompare.io/research/klac): KLA Corporation | +41.0% | 1/5 short-term |  | 0.88 |
| [STX](https://easycompare.io/research/stx): Seagate Technology Holdings plc | +217% | 0/5 short-term |  | 1.90 |

## Risk and diversification

How SNDK 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 SNDK's worst declines?

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

- In all five of SNDK's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: SNDK fell 56.5% from June to July 2026, while the S&P 500 slipped only 0.7%.
- None of these declines kept SNDK below its old high for long; the longest climb back took five months.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −56.5% | June 25, 2026 | July 29, 2026 | not yet | −0.7% |  |
| −47.5% | March 18, 2025 | April 22, 2025 | September 4, 2025 | −5.7% |  |
| −31.3% | November 12, 2025 | December 3, 2025 | January 6, 2026 | +0.1% |  |
| −25.9% | March 19, 2026 | March 30, 2026 | April 8, 2026 | −4.0% |  |
| −24.2% | February 3, 2026 | March 6, 2026 | March 16, 2026 | −2.5% |  |

## Common questions

### What was SNDK's worst drawdown?

SNDK's deepest decline since it began trading in 2025 was 56.5%, from June to July 2026. It has not yet climbed back to that peak. Because SNDK launched in February 2025, that record does not include the dot-com bust, the 2008 financial crisis or eight other sell-offs.

### What are the best alternatives to SNDK?

Of the 12 popular alternatives we compared, five outperformed SNDK in at least 3 of 5 timeframes, with dividends reinvested: MU, DELL and MRVL.

## More research

- [Micron Technology (MU) Performance, Alternatives and Market Rank](https://easycompare.io/research/mu)
- [Dell Technologies (DELL) Performance, Alternatives and Market Rank](https://easycompare.io/research/dell)
- [Marvell Technology (MRVL) Performance, Alternatives and Market Rank](https://easycompare.io/research/mrvl)
- [Hewlett Packard Enterprise (HPE) Performance, Alternatives and Market Rank](https://easycompare.io/research/hpe)
- [NetApp (NTAP) Performance, Alternatives and Market Rank](https://easycompare.io/research/ntap)
- [NVIDIA (NVDA) Performance, Alternatives and Market Rank](https://easycompare.io/research/nvda)
- [Western Digital (WDC) Performance, Alternatives and Market Rank](https://easycompare.io/research/wdc)
- [Lam Research (LRCX) Performance, Alternatives and Market Rank](https://easycompare.io/research/lrcx)
- [Applied Materials (AMAT) Performance, Alternatives and Market Rank](https://easycompare.io/research/amat)
- [KLA (KLAC) Performance, Alternatives and Market Rank](https://easycompare.io/research/klac)
- [Seagate Technology (STX) Performance, Alternatives and Market Rank](https://easycompare.io/research/stx)
- [Schwab U.S. Dividend Equity ETF (SCHD) Performance, Alternatives and Market Rank](https://easycompare.io/research/schd)

## Explore further

- Full page with charts: https://easycompare.io/research/sndk
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against SNDK live: https://betterthanspy.com/?b=SNDK&utm_source=easycompare&utm_medium=research