Synopsys, Inc. vs S&P500 ETF — how do they compare? Synopsys, Inc. trades at $410.38 (market cap $78.68B), while S&P500 ETF trades at $773.84. The key difference: S&P500 ETF is trading nearer its 52-week high, Synopsys, Inc. nearer its low. Which is the better fit depends on your goals.
| SNPS | SPY | |
|---|---|---|
Market Cap | $78.68B | — |
Sector | Technology | — |
52-Week High | $625.80 | $773.22 |
52-Week Low | $372.33 | $631.99 |
Enterprise Value | $87.04B | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →The ETF is designed to track the performance of the securities and the stocks in the S&P 500 Index. To maintain the composition and weightings, the advisor adjusts the ETF from time to time to conform to periodic changes in the index target.
Read more on SPY →