SNPS correlations (Synopsys)
SNPS measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Information Technology · Application Software
Volatility (ann.)
42.2%
3y weekly
Beta vs S&P 500
1.57
3y weekly
1-year return
-22.9%
price, adjusted
5-year return
+39.1%
price, adjusted
Market cap
$89.1B
latest
P/E ratio
71.4
trailing
Max drawdown
-42.3%
3y, daily closes
SNPS over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with SNPS
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| CDNS | Cadence Design Systems | 0.76 | |
| XLK | Technology Select Sector SPDR Fund | 0.59 | |
| QQQM | Invesco Nasdaq 100 ETF | 0.59 | |
| QQQ | Invesco QQQ Trust | 0.59 | |
| VUG | Vanguard Growth ETF | 0.57 | |
| SMH | VanEck Semiconductor ETF | 0.57 | |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.56 | |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.55 | |
| VTI | Vanguard Total Stock Market ETF | 0.54 | |
| SPY | SPDR S&P 500 ETF Trust | 0.54 | |
| VOO | Vanguard S&P 500 ETF | 0.54 | |
| IVV | iShares Core S&P 500 ETF | 0.54 | |
| SOXX | iShares Semiconductor ETF | 0.54 | |
| FNGO | MicroSectors FANG Index 2X Leveraged ETNs due January 8 | 0.53 | |
| STK | Columbia Seligman Premium Technology Growth Fund Inc | 0.53 |
Best diversifiers for SNPS
These are the assets whose returns had the least to do with SNPS's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.53 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.40 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.39 | |
| WLDS | Wearable Devices Ltd. | -0.37 | |
| ORBS | Eightco Holdings Inc. | -0.37 | |
| CWD | CaliberCos Inc. | -0.33 | |
| GDTC | CytoMed Therapeutics Limited | -0.24 | |
| ED | Consolidated Edison | -0.23 | |
| DUK | Duke Energy | -0.21 | |
| ISPC | iSpecimen Inc. | -0.21 |
SNPS vs benchmarks
SNPS vs its peers
Get SNPS data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/snps.jsonCorrelations, diversifiers, beta and volatility for SNPS, plus one endpoint per pair. API documentation.
SNPS inside major ETFs
| ETF | SNPS weight | |
|---|---|---|
| XLK | Technology Select Sector SPDR Fund | 0.53% |
| QQQ | Invesco QQQ Trust | 0.35% |
| QQQM | Invesco Nasdaq 100 ETF | 0.35% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.32% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.26% |
| VUG | Vanguard Growth ETF | 0.22% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.17% |
| IVV | iShares Core S&P 500 ETF | 0.12% |
| SPY | SPDR S&P 500 ETF Trust | 0.12% |
| VOO | Vanguard S&P 500 ETF | 0.12% |
