Synopsys, Inc. vs Consumer Discretionary Select Sector SPDR Fund — how do they compare? Synopsys, Inc. trades at $408.83 (market cap $78.68B), while Consumer Discretionary Select Sector SPDR Fund trades at $119.3. The key difference: Consumer Discretionary 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 | XLY | |
|---|---|---|
Market Cap | $78.68B | — |
Sector | Technology | — |
52-Week High | $625.80 | $124.52 |
52-Week Low | $372.33 | $105.64 |
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 securities of companies from the following industries: retail; hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure products; and diversified consumer services. It is non-diversified.
Read more on XLY →