Synopsys, Inc. vs ProShares UltraPro S&P500 — how do they compare? Synopsys, Inc. trades at $390 (market cap $72.47B), while ProShares UltraPro S&P500 trades at $141.66. The key difference: ProShares UltraPro S&P500 is trading nearer its 52-week high, Synopsys, Inc. nearer its low. Which is the better fit depends on your goals.
| SNPS | UPRO | |
|---|---|---|
Market Cap | $72.47B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $645.59 | $150.93 |
52-Week Low | $378.46 | $89.29 |
Enterprise Value | $80.82B | — |
Trailing returns across standard periods
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 →UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
Read more on UPRO →