SNPS vs YYGH: Correlation
Measured on weekly returns over the past three years, Synopsys (SNPS) and YY Group Holding Limited - Class A (YYGH) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNPS and YYGH?
Across a 3-year window, the weekly returns of SNPS and YYGH correlate at 0.36, moderate. The past 12 months show a tighter link (0.46) than the 3-year average (0.36). Stretching to 5 years gives n/a, with an annualized covariance of 2383.4 %².
Among the 33 assets we track against SNPS, YYGH ranks #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SNPS outperformed by 77.0 percentage points (-22.9% for SNPS against -99.9% for YYGH). One caveat on sizing: YYGH is 3.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SNPS vs YYGH: side by side
| SNPS (Synopsys) | YYGH (YY Group Holding Limited - Class A) | |
|---|---|---|
| 1-year return | -22.9% | -99.9% |
| 5-year return | +39.1% | n/a |
| Volatility (ann.) | 42.2% | 147.2% |
| Beta vs S&P 500 | 1.57 | 2.16 |
| Max drawdown (3Y) | -42.3% | -100.0% |
| Market cap | $89.1B | – |
| P/E (trailing) | 71.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | SNPS | YYGH |
|---|---|---|
| 2022 | -13.4% | – |
| 2023 | +61.3% | – |
| 2024 | -5.7% | – |
| 2025 | -3.2% | -89.3% |
| 2026 | -1.0% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNPS and YYGH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SNPS and YYGH?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.46 over the last year and n/a over 5 years.
Is YYGH a good diversifier for SNPS?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/snps-vs-yygh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/snps-vs-yygh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SNPS correlations · YYGH correlations
