ISPC vs SNPS: Correlation
iSpecimen Inc. (ISPC) and Synopsys (SNPS) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISPC and SNPS?
Across a 3-year window, the weekly returns of ISPC and SNPS correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.32) than the 3-year average (-0.21). Stretching to 5 years gives -0.10, with an annualized covariance of -1057.7 %².
Out of 15 assets tracked against ISPC, SNPS lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months SNPS outperformed by 71.7 percentage points (-94.6% for ISPC against -22.9% for SNPS). Note the risk asymmetry: ISPC runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ISPC vs SNPS: side by side
| ISPC (iSpecimen Inc.) | SNPS (Synopsys) | |
|---|---|---|
| 1-year return | -94.6% | -22.9% |
| 5-year return | -100.0% | +39.1% |
| Volatility (ann.) | 121.8% | 42.2% |
| Beta vs S&P 500 | 0.67 | 1.57 |
| Max drawdown (3Y) | -99.8% | -42.3% |
| Market cap | – | $89.1B |
| P/E (trailing) | – | 71.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ISPC | SNPS |
|---|---|---|
| 2022 | -82.4% | -13.4% |
| 2023 | -63.6% | +61.3% |
| 2024 | -73.5% | -5.7% |
| 2025 | -90.2% | -3.2% |
| 2026 | -84.6% | -1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISPC and SNPS good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ISPC and SNPS?
The ISPC/SNPS correlation stands at -0.21 on a 3-year window (1 year: -0.32, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is SNPS a good diversifier for ISPC?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ISPC correlations · SNPS correlations
