SNPS vs. GDDY
SNPS (Synopsys, Inc.) and GDDY (GoDaddy Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 10 years, SNPS returned 24.60%/yr vs 9.81%/yr for GDDY. At a 0.47 correlation, their price movements are largely independent.
Performance
SNPS vs. GDDY - Performance Comparison
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Returns By Period
In the year-to-date period, SNPS achieves a 0.80% return, which is significantly higher than GDDY's -34.96% return. Over the past 10 years, SNPS has outperformed GDDY with an annualized return of 24.60%, while GDDY has yielded a comparatively lower 9.81% annualized return.
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
- 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 vs. GDDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNPS Synopsys, Inc. | 0.80% | -3.22% | -5.74% | 61.27% | -13.35% | 42.15% | 86.24% | 65.24% | -1.17% | 44.82% |
GDDY GoDaddy Inc. | -34.96% | -37.13% | 85.92% | 41.89% | -11.83% | 2.30% | 22.13% | 3.51% | 30.51% | 43.86% |
Correlation
The correlation between SNPS and GDDY 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 SNPS and GDDY has dropped to 0.22 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
Fundamentals
SNPS:
$90.71B
GDDY:
$10.84B
SNPS:
$4.57
GDDY:
$6.32
SNPS:
103.64
GDDY:
12.77
SNPS:
4.45
GDDY:
0.15
SNPS:
9.23
GDDY:
2.21
SNPS:
2.98
GDDY:
45.67
SNPS:
$8.68B
GDDY:
$5.02B
SNPS:
$6.38B
GDDY:
$3.10B
SNPS:
$2.22B
GDDY:
$1.14B
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Return for Risk
SNPS vs. GDDY — Risk / Return Rank
SNPS
GDDY
SNPS vs. GDDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Synopsys, Inc. (SNPS) and GoDaddy Inc. (GDDY). 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.
| SNPS | GDDY | 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 | 1.06 | 0.69 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | -1.00 | +0.94 |
| Martin ratioReturn relative to average drawdown | -0.10 | -1.53 | +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. | |||
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Sharpe Ratios by Period
| SNPS | GDDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.05 | -1.50 | +1.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | -0.00 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.29 | +0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.30 | +0.01 |
Drawdowns
SNPS vs. GDDY - Drawdown Comparison
The maximum SNPS drawdown since its inception was -60.95%, roughly equal to the maximum GDDY drawdown of -63.09%. Use the drawdown chart below to compare losses from any high point for SNPS and GDDY.
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Drawdown Indicators
| SNPS | GDDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.95% | -63.09% | +2.14% |
Max Drawdown (1Y)Largest decline over 1 year | -41.04% | -56.06% | +15.02% |
Max Drawdown (3Y)Largest decline over 3 years | -41.04% | -63.09% | +22.05% |
Max Drawdown (5Y)Largest decline over 5 years | -41.04% | -63.09% | +22.05% |
Max Drawdown (10Y)Largest decline over 10 years | -41.04% | -63.09% | +22.05% |
Current DrawdownCurrent decline from peak | -26.63% | -62.35% | +35.72% |
Average DrawdownAverage peak-to-trough decline | -20.29% | -13.80% | -6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.93% | 37.27% | -11.34% |
Volatility
SNPS vs. GDDY - Volatility Comparison
Synopsys, Inc. (SNPS) and GoDaddy Inc. (GDDY) have volatilities of 13.85% and 14.30%, 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.
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Volatility by Period
| SNPS | GDDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.85% | 14.30% | -0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 30.93% | 32.25% | -1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.78% | 37.52% | +19.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.81% | 32.79% | +8.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.09% | 34.31% | +0.78% |
Dividends
SNPS vs. GDDY - Dividend Comparison
Neither SNPS nor GDDY has paid dividends to shareholders.
Financials
SNPS vs. GDDY - Financials Comparison
This section allows you to compare key financial metrics between Synopsys, Inc. and GoDaddy 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
SNPS vs. GDDY - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
SNPS and GDDY 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, SNPS dropped -60.95% vs GDDY's -63.09%.
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.
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