SNPS vs. USO
SNPS (Synopsys, Inc.) is a stock, while USO (United States Oil Fund LP) is Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Over the past 10 years, SNPS returned 21.79%/yr vs 5.64%/yr for USO. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
SNPS vs. USO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNPS achieves a -17.24% return, which is significantly lower than USO's 86.77% return. Over the past 10 years, SNPS has outperformed USO with an annualized return of 21.79%, while USO has yielded a comparatively lower 5.64% annualized return.
SNPS
- 1D
- 4.41%
- 1M
- -11.07%
- 6M
- -16.42%
- YTD
- -17.24%
- 1Y
- -37.16%
- 3Y*
- -5.01%
- 5Y*
- 6.18%
- 10Y*
- 21.79%
- ALL TIME*
- 12.32%
USO
- 1D
- 1.33%
- 1M
- 24.23%
- 6M
- 62.44%
- YTD
- 86.77%
- 1Y
- 66.76%
- 3Y*
- 20.97%
- 5Y*
- 20.59%
- 10Y*
- 5.64%
- ALL TIME*
- -6.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
SNPS Synopsys, Inc. | $855.69M | $776.35M | $917.41M |
| $968.42M | $871.56M | $931.57M |
SNPS vs. USO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNPS Synopsys, Inc. | -17.24% | -3.22% | -5.74% | 61.27% | -13.35% | 42.15% | 86.24% | 65.24% | -1.17% | 44.82% |
USO United States Oil Fund LP | 86.77% | -8.46% | 13.35% | -4.94% | 28.97% | 64.68% | -67.79% | 32.61% | -19.57% | 2.47% |
Correlation
The correlation between SNPS and USO is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | -0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.02 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2006 | 0.14 |
The correlation between SNPS and USO shifts across timeframes, from -0.12 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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
SNPS vs. USO — Risk / Return Rank
SNPS
USO
SNPS vs. USO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Synopsys, Inc. (SNPS) and United States Oil Fund LP (USO). 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.
| SNPS | USO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.02 | ||
| Sortino ratioReturn per unit of downside risk | -2.65 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.25 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 1.93 | -2.86 |
| Martin ratioReturn relative to average drawdown | -1.38 | 5.60 | -6.97 |
Loading charts...
Drawdowns
SNPS vs. USO - Drawdown Comparison
The maximum SNPS drawdown since its inception was -60.95%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for SNPS and USO.
Loading charts...
Drawdown Indicators
| SNPS | USO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.95% | -98.19% | +37.24% |
Max Drawdown (1Y)Largest decline over 1 year | -41.46% | -32.49% | -8.97% |
Max Drawdown (3Y)Largest decline over 3 years | -42.31% | -32.49% | -9.82% |
Max Drawdown (5Y)Largest decline over 5 years | -42.31% | -36.23% | -6.08% |
Max Drawdown (10Y)Largest decline over 10 years | -42.31% | -86.75% | +44.44% |
Current DrawdownCurrent decline from peak | -39.76% | -86.26% | +46.50% |
Average DrawdownAverage peak-to-trough decline | -20.34% | -75.38% | +55.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.06% | 12.03% | +16.03% |
Volatility
SNPS vs. USO - Volatility Comparison
The current volatility for Synopsys, Inc. (SNPS) is 12.83%, while United States Oil Fund LP (USO) has a volatility of 17.73%. This indicates that SNPS experiences smaller price fluctuations and is considered to be less risky than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNPS | USO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.83% | 17.73% | -4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 31.31% | 42.79% | -11.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.70% | 46.91% | +9.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.22% | 37.06% | +4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.31% | 39.29% | -3.98% |
Dividends
SNPS vs. USO - Dividend Comparison
Neither SNPS nor USO has paid dividends to shareholders.
Frequently Asked Questions
SNPS and USO have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USO has higher volatility (17.73%) compared to SNPS (12.83%). In terms of maximum drawdown, SNPS dropped -60.95% vs USO's -98.19%.
USO currently has the higher Sharpe Ratio (1.34 vs -0.68), 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 SNPS and USO
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