First Trust Cloud Computing ETF vs Synopsys, Inc. — how do they compare? First Trust Cloud Computing ETF trades at $135.77, while Synopsys, Inc. trades at $390 (market cap $72.47B). The key difference: First Trust Cloud Computing ETF is trading nearer its 52-week high, Synopsys, Inc. nearer its low. Which is the better fit depends on your goals.
| SKYY | SNPS | |
|---|---|---|
52-Week High | $155.17 | $645.59 |
52-Week Low | $104.16 | $378.46 |
Market Cap | — | $72.47B |
Sector | — | Technology |
Enterprise Value | — | $80.82B |
Trailing returns across standard periods
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
Read more on SNPS →