GDDY vs. SNPS
GDDY (GoDaddy Inc.) and SNPS (Synopsys, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 10 years, GDDY returned 9.81%/yr vs 24.60%/yr for SNPS. At a 0.47 correlation, their price movements are largely independent.
Performance
GDDY vs. SNPS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GDDY achieves a -34.96% return, which is significantly lower than SNPS's 0.80% return. Over the past 10 years, GDDY has underperformed SNPS with an annualized return of 9.81%, while SNPS has yielded a comparatively higher 24.60% annualized return.
GDDY
- 1D
- -4.36%
- 1M
- -11.34%
- YTD
- -34.96%
- 6M
- -36.61%
- 1Y
- -55.89%
- 3Y*
- 3.87%
- 5Y*
- -0.11%
- 10Y*
- 9.81%
SNPS
- 1D
- 1.86%
- 1M
- -8.33%
- YTD
- 0.80%
- 6M
- 1.66%
- 1Y
- -2.58%
- 3Y*
- 2.57%
- 5Y*
- 13.08%
- 10Y*
- 24.60%
GDDY vs. SNPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GDDY GoDaddy Inc. | -34.96% | -37.13% | 85.92% | 41.89% | -11.83% | 2.30% | 22.13% | 3.51% | 30.51% | 43.86% |
SNPS Synopsys, Inc. | 0.80% | -3.22% | -5.74% | 61.27% | -13.35% | 42.15% | 86.24% | 65.24% | -1.17% | 44.82% |
Correlation
The correlation between GDDY and SNPS is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2015 | 0.47 |
Over the past year, the correlation between GDDY and SNPS has dropped to 0.22 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
Fundamentals
GDDY:
$10.84B
SNPS:
$90.71B
GDDY:
$6.32
SNPS:
$4.57
GDDY:
12.77
SNPS:
103.64
GDDY:
0.15
SNPS:
4.45
GDDY:
2.21
SNPS:
9.23
GDDY:
45.67
SNPS:
2.98
GDDY:
$5.02B
SNPS:
$8.68B
GDDY:
$3.10B
SNPS:
$6.38B
GDDY:
$1.14B
SNPS:
$2.22B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GDDY vs. SNPS — Risk / Return Rank
GDDY
SNPS
GDDY vs. SNPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GoDaddy Inc. (GDDY) and Synopsys, Inc. (SNPS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GDDY | SNPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -2.80 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 1.06 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | -0.06 | -0.94 |
| Martin ratioReturn relative to average drawdown | -1.53 | -0.10 | -1.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GDDY | SNPS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.50 | -0.05 | -1.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.00 | 0.32 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.70 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.31 | -0.01 |
Drawdowns
GDDY vs. SNPS - Drawdown Comparison
The maximum GDDY drawdown since its inception was -63.09%, roughly equal to the maximum SNPS drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for GDDY and SNPS.
Loading charts...
Drawdown Indicators
| GDDY | SNPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.09% | -60.95% | -2.14% |
Max Drawdown (1Y)Largest decline over 1 year | -56.06% | -41.04% | -15.02% |
Max Drawdown (3Y)Largest decline over 3 years | -63.09% | -41.04% | -22.05% |
Max Drawdown (5Y)Largest decline over 5 years | -63.09% | -41.04% | -22.05% |
Max Drawdown (10Y)Largest decline over 10 years | -63.09% | -41.04% | -22.05% |
Current DrawdownCurrent decline from peak | -62.35% | -26.63% | -35.72% |
Average DrawdownAverage peak-to-trough decline | -13.80% | -20.29% | +6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.27% | 25.93% | +11.34% |
Volatility
GDDY vs. SNPS - Volatility Comparison
GoDaddy Inc. (GDDY) and Synopsys, Inc. (SNPS) have volatilities of 14.30% and 13.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GDDY | SNPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.30% | 13.85% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 32.25% | 30.93% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.52% | 56.78% | -19.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.79% | 40.81% | -8.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.31% | 35.09% | -0.78% |
Dividends
GDDY vs. SNPS - Dividend Comparison
Neither GDDY nor SNPS has paid dividends to shareholders.
Financials
GDDY vs. SNPS - Financials Comparison
This section allows you to compare key financial metrics between GoDaddy Inc. and Synopsys, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GDDY vs. SNPS - Profitability Comparison
GDDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GoDaddy Inc. reported a gross profit of 807.80M and revenue of 1.27B. Therefore, the gross margin over that period was 63.8%.
SNPS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported a gross profit of 1.65B and revenue of 2.28B. Therefore, the gross margin over that period was 72.3%.
GDDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GoDaddy Inc. reported an operating income of 310.50M and revenue of 1.27B, resulting in an operating margin of 24.5%.
SNPS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported an operating income of 120.43M and revenue of 2.28B, resulting in an operating margin of 5.3%.
GDDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GoDaddy Inc. reported a net income of 214.60M and revenue of 1.27B, resulting in a net margin of 16.9%.
SNPS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported a net income of 16.87M and revenue of 2.28B, resulting in a net margin of 0.7%.
Frequently Asked Questions
GDDY and SNPS have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDDY has higher volatility (14.30%) compared to SNPS (13.85%). In terms of maximum drawdown, GDDY dropped -63.09% vs SNPS's -60.95%.
SNPS currently has the higher Sharpe Ratio (-0.05 vs -1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for GDDY and SNPS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer