diff --git a/CMakeLists.txt b/CMakeLists.txt
index 47b3dca6c2..79ef8f898b 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1777,14 +1777,6 @@ elseif(WINDOWS)
     list(APPEND SOURCE_FILES ${WINRT_SOURCE_FILES})
   endif()
 
-  if(MSVC AND NOT SDL_LIBC)
-    # Prevent codegen that would use the VC runtime libraries.
-    set_property(DIRECTORY . APPEND PROPERTY COMPILE_OPTIONS "/GS-;/Gs1048576")
-    if(NOT ARCH_64 AND NOT CMAKE_GENERATOR_PLATFORM STREQUAL "ARM")
-      set_property(DIRECTORY . APPEND PROPERTY COMPILE_OPTIONS "/arch:SSE")
-    endif()
-  endif()
-
   if(SDL_MISC)
     if(WINDOWS_STORE)
       file(GLOB MISC_SOURCES ${SDL2_SOURCE_DIR}/src/misc/winrt/*.cpp)
@@ -3527,6 +3519,20 @@ if(SDL_TEST)
   set_property(TARGET SDL2_test PROPERTY INTERFACE_SDL_VERSION "SDL2")
 endif()
 
+if(MSVC AND NOT SDL_LIBC)
+  set(targets SDL2)
+  if(TARGET SDL2-static)
+    list(APPEND targets SDL2-static)
+  endif()
+  if(TARGET SDL2_test)
+    list(APPEND targets SDL2_test)
+  endif()
+  set_property(TARGET ${targets} APPEND PROPERTY COMPILE_OPTIONS "/GS-;/Gs1048576")
+  if(NOT ARCH_64 AND NOT CMAKE_GENERATOR_PLATFORM STREQUAL "ARM")
+    set_property(TARGET ${targets} APPEND PROPERTY COMPILE_OPTIONS "/arch:SSE")
+  endif()
+endif()
+
 ##### Installation targets #####
 if(NOT SDL2_DISABLE_INSTALL)
   if(SDL_SHARED)