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.
Correlation
The correlation between SNX and OTEX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SNX vs. OTEX - Performance Comparison
Key characteristics
SNX:
-0.16
OTEX:
-0.71
SNX:
0.00
OTEX:
-0.78
SNX:
1.00
OTEX:
0.88
SNX:
-0.15
OTEX:
-0.43
SNX:
-0.45
OTEX:
-1.35
SNX:
11.52%
OTEX:
17.22%
SNX:
32.59%
OTEX:
32.75%
SNX:
-67.27%
OTEX:
-72.05%
SNX:
-26.64%
OTEX:
-48.73%
Fundamentals
SNX:
$8.87B
OTEX:
$6.73B
SNX:
$8.00
OTEX:
$2.45
SNX:
13.21
OTEX:
10.41
SNX:
0.81
OTEX:
0.87
SNX:
0.15
OTEX:
1.24
SNX:
1.10
OTEX:
1.59
SNX:
$59.01B
OTEX:
$3.97B
SNX:
$3.87B
OTEX:
$2.75B
SNX:
$1.40B
OTEX:
$1.67B
Returns By Period
The year-to-date returns for both investments are quite close, with SNX having a -9.21% return and OTEX slightly higher at -9.00%. Over the past 10 years, SNX has outperformed OTEX with an annualized return of 12.01%, while OTEX has yielded a comparatively lower 0.96% annualized return.
SNX
-9.21%
-19.55%
-12.88%
-5.75%
23.38%
12.01%
OTEX
-9.00%
-3.04%
-23.61%
-23.92%
-5.90%
0.96%
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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.
Dividends
SNX vs. OTEX - Dividend Comparison
SNX's dividend yield for the trailing twelve months is around 1.59%, less than OTEX's 4.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNX TD SYNNEX Corporation | 1.59% | 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 | 4.07% | 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. For additional features, visit the drawdowns tool.
Volatility
SNX vs. OTEX - Volatility Comparison
TD SYNNEX Corporation (SNX) has a higher volatility of 21.23% compared to Open Text Corp (OTEX) at 13.37%. This indicates that SNX's price experiences larger fluctuations and is considered to be riskier than OTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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