SNX vs. CNXC
SNX (TD SYNNEX Corporation) and CNXC (Concentrix Corporation) are both stocks. Both operate in the Information Technology Services industry within the Technology sector. Over the past 5 years, SNX returned 18.03%/yr vs -27.31%/yr for CNXC. At a 0.40 correlation, their price movements are largely independent.
Performance
SNX vs. CNXC - Performance Comparison
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Returns By Period
In the year-to-date period, SNX achieves a 81.92% return, which is significantly higher than CNXC's -32.63% return.
SNX
- 1D
- 1.11%
- 1M
- 13.68%
- YTD
- 81.92%
- 6M
- 77.15%
- 1Y
- 122.59%
- 3Y*
- 44.91%
- 5Y*
- 18.03%
- 10Y*
- 20.42%
CNXC
- 1D
- -1.58%
- 1M
- 12.81%
- YTD
- -32.63%
- 6M
- -26.68%
- 1Y
- -49.86%
- 3Y*
- -29.25%
- 5Y*
- -27.31%
- 10Y*
- —
SNX vs. CNXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNX TD SYNNEX Corporation | 81.92% | 29.82% | 10.55% | 15.25% | -16.11% | 41.48% | -0.70% |
CNXC Concentrix Corporation | -32.63% | -1.39% | -55.03% | -25.36% | -24.91% | 81.22% | 23.37% |
Correlation
The correlation between SNX and CNXC 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 | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2020 | 0.40 |
The correlation between SNX and CNXC shifts across timeframes, from 0.24 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SNX:
$21.79B
CNXC:
$1.68B
SNX:
$12.13
CNXC:
-$21.33
SNX:
0.34
CNXC:
0.17
SNX:
2.48
CNXC:
0.60
SNX:
$65.14B
CNXC:
$9.95B
SNX:
$4.43B
CNXC:
$3.27B
SNX:
$1.91B
CNXC:
-$944.68M
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Return for Risk
SNX vs. CNXC — Risk / Return Rank
SNX
CNXC
SNX vs. CNXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD SYNNEX Corporation (SNX) and Concentrix Corporation (CNXC). 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.
| SNX | CNXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.91 | ||
| Sortino ratioReturn per unit of downside risk | +6.03 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 0.87 | +0.79 |
| Calmar ratioReturn relative to maximum drawdown | 8.83 | -0.81 | +9.64 |
| Martin ratioReturn relative to average drawdown | 21.86 | -1.34 | +23.20 |
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
| SNX | CNXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.09 | -0.82 | +4.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | -0.57 | +1.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | -0.33 | +0.83 |
Drawdowns
SNX vs. CNXC - Drawdown Comparison
The maximum SNX drawdown since its inception was -67.27%, smaller than the maximum CNXC drawdown of -87.86%. Use the drawdown chart below to compare losses from any high point for SNX and CNXC.
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Drawdown Indicators
| SNX | CNXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.27% | -87.86% | +20.59% |
Max Drawdown (1Y)Largest decline over 1 year | -13.97% | -61.71% | +47.74% |
Max Drawdown (3Y)Largest decline over 3 years | -33.78% | -76.50% | +42.72% |
Max Drawdown (5Y)Largest decline over 5 years | -36.52% | -87.86% | +51.34% |
Max Drawdown (10Y)Largest decline over 10 years | -55.94% | — | — |
Current DrawdownCurrent decline from peak | -2.70% | -85.48% | +82.78% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -47.65% | +32.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.63% | 37.32% | -31.69% |
Volatility
SNX vs. CNXC - Volatility Comparison
The current volatility for TD SYNNEX Corporation (SNX) is 10.25%, while Concentrix Corporation (CNXC) has a volatility of 15.12%. This indicates that SNX experiences smaller price fluctuations and is considered to be less risky than CNXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNX | CNXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.25% | 15.12% | -4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 23.72% | 51.98% | -28.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.18% | 61.40% | -31.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.56% | 48.26% | -18.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.54% | 49.78% | -15.24% |
Dividends
SNX vs. CNXC - Dividend Comparison
SNX's dividend yield for the trailing twelve months is around 0.68%, less than CNXC's 5.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | 5.16% | 3.27% | 2.87% | 1.15% | 0.77% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SNX TD SYNNEX Corporation | 0.68% | 1.17% | 1.36% | 1.30% | 1.27% | 0.70% | 0.25% | 1.16% | 1.73% | 0.77% | 0.70% | 0.64% |
Financials
SNX vs. CNXC - Financials Comparison
This section allows you to compare key financial metrics between TD SYNNEX Corporation and Concentrix Corporation. 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
SNX vs. CNXC - Profitability Comparison
SNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported a gross profit of 1.25B and revenue of 17.16B. Therefore, the gross margin over that period was 7.3%.
CNXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.
SNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported an operating income of 489.36M and revenue of 17.16B, resulting in an operating margin of 2.9%.
CNXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.
SNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported a net income of 326.92M and revenue of 17.16B, resulting in a net margin of 1.9%.
CNXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.
Frequently Asked Questions
SNX and CNXC 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.
CNXC has higher volatility (15.12%) compared to SNX (10.25%). In terms of maximum drawdown, SNX dropped -67.27% vs CNXC's -87.86%.
SNX currently has the higher Sharpe Ratio (4.09 vs -0.82), 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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