Synopsys, Inc. vs Consumer Staples Select Sector SPDR Fund — how do they compare? Synopsys, Inc. trades at $410.9 (market cap $78.68B), while Consumer Staples Select Sector SPDR Fund trades at $84.53. The key difference: Consumer Staples Select Sector SPDR Fund is trading nearer its 52-week high, Synopsys, Inc. nearer its low. Which is the better fit depends on your goals.
| SNPS | XLP | |
|---|---|---|
Market Cap | $78.68B | — |
Sector | Technology | — |
52-Week High | $625.80 | $90.00 |
52-Week Low | $372.33 | $75.61 |
Enterprise Value | $87.04B | — |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
Read more on XLP →