Correlation
The correlation between SNX and OTEX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
SNX vs. OTEX
Compare and contrast key facts about TD SYNNEX Corporation (SNX) and Open Text Corp (OTEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNX or OTEX.
Performance
SNX vs. OTEX - Performance Comparison
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Key characteristics
SNX:
-0.16
OTEX:
0.06
SNX:
0.01
OTEX:
0.13
SNX:
1.00
OTEX:
1.02
SNX:
-0.15
OTEX:
-0.03
SNX:
-0.39
OTEX:
-0.12
SNX:
13.21%
OTEX:
13.85%
SNX:
33.41%
OTEX:
30.32%
SNX:
-67.27%
OTEX:
-72.05%
SNX:
-15.77%
OTEX:
-43.10%
Fundamentals
SNX:
$10.24B
OTEX:
$7.34B
SNX:
$7.95
OTEX:
$2.47
SNX:
15.26
OTEX:
11.46
SNX:
0.90
OTEX:
0.87
SNX:
0.17
OTEX:
1.41
SNX:
1.27
OTEX:
1.78
SNX:
$45.06B
OTEX:
$5.22B
SNX:
$3.00B
OTEX:
$3.64B
SNX:
$1.13B
OTEX:
$2.02B
Returns By Period
In the year-to-date period, SNX achieves a 4.23% return, which is significantly higher than OTEX's 0.99% return. Over the past 10 years, SNX has outperformed OTEX with an annualized return of 12.58%, while OTEX has yielded a comparatively lower 5.14% annualized return.
SNX
4.23%
8.49%
2.73%
-5.93%
6.84%
19.21%
12.58%
OTEX
0.99%
9.52%
-6.01%
-0.56%
-8.95%
-5.13%
5.14%
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Risk-Adjusted Performance
SNX vs. OTEX — Risk-Adjusted Performance Rank
SNX
OTEX
SNX vs. OTEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TD SYNNEX Corporation (SNX) and Open Text Corp (OTEX). 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.
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Dividends
SNX vs. OTEX - Dividend Comparison
SNX's dividend yield for the trailing twelve months is around 1.38%, less than OTEX's 2.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNX TD SYNNEX Corporation | 1.38% | 1.36% | 1.30% | 1.27% | 0.70% | 0.25% | 1.16% | 1.73% | 0.77% | 1.03% | 0.64% | 0.16% |
OTEX Open Text Corp | 2.79% | 3.62% | 2.35% | 3.13% | 1.78% | 1.60% | 1.54% | 1.80% | 1.43% | 1.44% | 2.45% | 1.15% |
Drawdowns
SNX vs. OTEX - Drawdown Comparison
The maximum SNX drawdown since its inception was -67.27%, smaller than the maximum OTEX drawdown of -72.05%. Use the drawdown chart below to compare losses from any high point for SNX and OTEX.
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Volatility
SNX vs. OTEX - Volatility Comparison
TD SYNNEX Corporation (SNX) and Open Text Corp (OTEX) have volatilities of 7.27% and 7.47%, 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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Financials
SNX vs. OTEX - Financials Comparison
This section allows you to compare key financial metrics between TD SYNNEX Corporation and Open Text Corp. 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. OTEX - Profitability Comparison
SNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, TD SYNNEX Corporation reported a gross profit of 998.01M and revenue of 14.53B. Therefore, the gross margin over that period was 6.9%.
OTEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Open Text Corp reported a gross profit of 898.25M and revenue of 1.25B. Therefore, the gross margin over that period was 71.6%.
SNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, TD SYNNEX Corporation reported an operating income of 304.46M and revenue of 14.53B, resulting in an operating margin of 2.1%.
OTEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Open Text Corp reported an operating income of 209.09M and revenue of 1.25B, resulting in an operating margin of 16.7%.
SNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, TD SYNNEX Corporation reported a net income of 167.54M and revenue of 14.53B, resulting in a net margin of 1.2%.
OTEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Open Text Corp reported a net income of 92.81M and revenue of 1.25B, resulting in a net margin of 7.4%.