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:
1.10
OTEX:
-1.04
SNX:
1.64
OTEX:
-1.27
SNX:
1.22
OTEX:
0.81
SNX:
1.62
OTEX:
-0.64
SNX:
3.42
OTEX:
-1.47
SNX:
8.48%
OTEX:
21.68%
SNX:
26.44%
OTEX:
30.65%
SNX:
-67.27%
OTEX:
-72.05%
SNX:
-8.63%
OTEX:
-49.09%
Fundamentals
SNX:
$11.39B
OTEX:
$6.74B
SNX:
$7.95
OTEX:
$2.45
SNX:
16.98
OTEX:
10.40
SNX:
0.91
OTEX:
0.87
SNX:
$44.48B
OTEX:
$5.41B
SNX:
$2.87B
OTEX:
$3.67B
SNX:
$1.10B
OTEX:
$2.10B
Returns By Period
In the year-to-date period, SNX achieves a 13.07% return, which is significantly higher than OTEX's -9.64% return. Over the past 10 years, SNX has outperformed OTEX with an annualized return of 14.51%, while OTEX has yielded a comparatively lower 1.02% annualized return.
SNX
13.07%
-7.23%
15.01%
27.42%
17.13%
14.51%
OTEX
-9.64%
-13.08%
-18.80%
-33.60%
-7.75%
1.02%
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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 1.24%, less than OTEX's 3.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNX TD SYNNEX Corporation | 1.24% | 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 | 3.03% | 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
The current volatility for TD SYNNEX Corporation (SNX) is 5.18%, while Open Text Corp (OTEX) has a volatility of 9.46%. This indicates that SNX experiences smaller price fluctuations and is considered to be less risky 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