ROP vs. SNPS
ROP (Roper Technologies, Inc.) and SNPS (Synopsys, Inc.) are both stocks. ROP operates in Specialty Industrial Machinery (Industrials), while SNPS operates in Software - Infrastructure (Technology). Over the past 10 years, ROP returned 7.73%/yr vs 24.15%/yr for SNPS. At a 0.34 correlation, their price movements are largely independent.
Performance
ROP vs. SNPS - Performance Comparison
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Returns By Period
In the year-to-date period, ROP achieves a -24.40% return, which is significantly lower than SNPS's -3.37% return. Over the past 10 years, ROP has underperformed SNPS with an annualized return of 7.73%, while SNPS has yielded a comparatively higher 24.15% annualized return.
ROP
- 1D
- 0.68%
- 1M
- 5.35%
- YTD
- -24.40%
- 6M
- -24.53%
- 1Y
- -39.80%
- 3Y*
- -9.19%
- 5Y*
- -5.54%
- 10Y*
- 7.73%
SNPS
- 1D
- -0.53%
- 1M
- -10.88%
- YTD
- -3.37%
- 6M
- 0.21%
- 1Y
- -8.30%
- 3Y*
- 0.29%
- 5Y*
- 11.53%
- 10Y*
- 24.15%
ROP vs. SNPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROP Roper Technologies, Inc. | -24.40% | -13.85% | -4.11% | 26.92% | -11.64% | 14.69% | 22.39% | 33.66% | 3.51% | 42.39% |
SNPS Synopsys, Inc. | -3.37% | -3.22% | -5.74% | 61.27% | -13.35% | 42.15% | 86.24% | 65.24% | -1.17% | 44.82% |
Correlation
The correlation between ROP and SNPS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 1992 | 0.34 |
The correlation between ROP and SNPS shifts across timeframes, from 0.24 (1 year) to 0.48 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ROP:
$35.04B
SNPS:
$86.96B
ROP:
$15.98
SNPS:
$4.57
ROP:
20.96
SNPS:
99.35
ROP:
2.48
SNPS:
4.26
ROP:
4.43
SNPS:
8.85
ROP:
1.86
SNPS:
2.85
ROP:
$8.12B
SNPS:
$8.68B
ROP:
$5.63B
SNPS:
$6.38B
ROP:
$3.24B
SNPS:
$2.22B
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Return for Risk
ROP vs. SNPS — Risk / Return Rank
ROP
SNPS
ROP vs. SNPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roper Technologies, Inc. (ROP) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ROP | SNPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -2.58 | ||
| Omega ratioGain probability vs. loss probability | 0.70 | 1.04 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | -0.20 | -0.72 |
| Martin ratioReturn relative to average drawdown | -1.51 | -0.32 | -1.19 |
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Drawdowns
ROP vs. SNPS - Drawdown Comparison
The maximum ROP drawdown since its inception was -58.94%, roughly equal to the maximum SNPS drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for ROP and SNPS.
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Drawdown Indicators
| ROP | SNPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.94% | -60.95% | +2.01% |
Max Drawdown (1Y)Largest decline over 1 year | -44.65% | -41.04% | -3.61% |
Max Drawdown (3Y)Largest decline over 3 years | -46.51% | -41.04% | -5.47% |
Max Drawdown (5Y)Largest decline over 5 years | -46.51% | -41.04% | -5.47% |
Max Drawdown (10Y)Largest decline over 10 years | -46.51% | -41.04% | -5.47% |
Current DrawdownCurrent decline from peak | -43.07% | -29.67% | -13.40% |
Average DrawdownAverage peak-to-trough decline | -11.43% | -20.29% | +8.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.25% | 26.17% | +1.08% |
Volatility
ROP vs. SNPS - Volatility Comparison
The current volatility for Roper Technologies, Inc. (ROP) is 8.14%, while Synopsys, Inc. (SNPS) has a volatility of 13.66%. This indicates that ROP experiences smaller price fluctuations and is considered to be less risky than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROP | SNPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.14% | 13.66% | -5.52% |
Volatility (6M)Calculated over the trailing 6-month period | 21.59% | 30.93% | -9.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.08% | 56.65% | -31.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.39% | 40.80% | -19.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.34% | 35.08% | -11.74% |
Dividends
ROP vs. SNPS - Dividend Comparison
ROP's dividend yield for the trailing twelve months is around 1.04%, while SNPS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROP Roper Technologies, Inc. | 1.04% | 0.74% | 0.58% | 0.50% | 0.57% | 0.46% | 0.48% | 0.52% | 0.62% | 0.54% | 0.66% | 0.53% |
SNPS Synopsys, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ROP vs. SNPS - Financials Comparison
This section allows you to compare key financial metrics between Roper Technologies, 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
ROP vs. SNPS - Profitability Comparison
ROP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Roper Technologies, Inc. reported a gross profit of 1.45B and revenue of 2.10B. Therefore, the gross margin over that period was 69.4%.
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%.
ROP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Roper Technologies, Inc. reported an operating income of 569.60M and revenue of 2.10B, resulting in an operating margin of 27.2%.
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%.
ROP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Roper Technologies, Inc. reported a net income of 508.90M and revenue of 2.10B, resulting in a net margin of 24.3%.
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
ROP and SNPS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNPS has higher volatility (13.66%) compared to ROP (8.14%). In terms of maximum drawdown, ROP dropped -58.94% vs SNPS's -60.95%.
SNPS currently has the higher Sharpe Ratio (-0.15 vs -1.64), 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.
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