SPG vs. SNPS
SPG (Simon Property Group, Inc.) and SNPS (Synopsys, Inc.) are both stocks. SPG operates in REIT - Retail (Real Estate), while SNPS operates in Software - Infrastructure (Technology). Over the past 10 years, SPG returned 6.11%/yr vs 24.15%/yr for SNPS. At a 0.25 correlation, their price movements are largely independent.
Performance
SPG vs. SNPS - Performance Comparison
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Returns By Period
In the year-to-date period, SPG achieves a 21.01% return, which is significantly higher than SNPS's -3.37% return. Over the past 10 years, SPG has underperformed SNPS with an annualized return of 6.11%, while SNPS has yielded a comparatively higher 24.15% annualized return.
SPG
- 1D
- 1.95%
- 1M
- 10.71%
- YTD
- 21.01%
- 6M
- 23.06%
- 1Y
- 46.24%
- 3Y*
- 32.01%
- 5Y*
- 16.57%
- 10Y*
- 6.11%
SNPS
- 1D
- -0.53%
- 1M
- -11.01%
- YTD
- -3.37%
- 6M
- 0.21%
- 1Y
- -5.21%
- 3Y*
- 0.29%
- 5Y*
- 11.53%
- 10Y*
- 24.15%
SPG vs. SNPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPG Simon Property Group, Inc. | 21.01% | 12.94% | 26.92% | 29.24% | -21.91% | 95.72% | -38.64% | -6.74% | 2.55% | 0.98% |
SNPS Synopsys, Inc. | -3.37% | -3.22% | -5.74% | 61.27% | -13.35% | 42.15% | 86.24% | 65.24% | -1.17% | 44.82% |
Correlation
The correlation between SPG and SNPS is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 1993 | 0.25 |
Over the past year, the correlation between SPG and SNPS has dropped to 0.04 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
SPG:
$17.14
SNPS:
$4.57
SPG:
12.78
SNPS:
99.35
SPG:
0.51
SNPS:
4.26
SPG:
8.07
SNPS:
8.85
SPG:
$6.65B
SNPS:
$8.68B
SPG:
$5.71B
SNPS:
$6.38B
SPG:
$7.77B
SNPS:
$2.22B
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Return for Risk
SPG vs. SNPS — Risk / Return Rank
SPG
SNPS
SPG vs. SNPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simon Property Group, Inc. (SPG) and Synopsys, Inc. (SNPS). 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.
| SPG | SNPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.53 | ||
| Sortino ratioReturn per unit of downside risk | +3.14 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.04 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | -0.20 | +4.08 |
| Martin ratioReturn relative to average drawdown | 14.03 | -0.32 | +14.35 |
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Drawdowns
SPG vs. SNPS - Drawdown Comparison
The maximum SPG drawdown since its inception was -77.00%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for SPG and SNPS.
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Drawdown Indicators
| SPG | SNPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.00% | -60.95% | -16.05% |
Max Drawdown (1Y)Largest decline over 1 year | -11.54% | -41.04% | +29.50% |
Max Drawdown (3Y)Largest decline over 3 years | -24.32% | -41.04% | +16.72% |
Max Drawdown (5Y)Largest decline over 5 years | -45.84% | -41.04% | -4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -77.00% | -41.04% | -35.96% |
Current DrawdownCurrent decline from peak | 0.00% | -29.67% | +29.67% |
Average DrawdownAverage peak-to-trough decline | -13.83% | -20.29% | +6.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 26.17% | -22.99% |
Volatility
SPG vs. SNPS - Volatility Comparison
The current volatility for Simon Property Group, Inc. (SPG) is 5.43%, while Synopsys, Inc. (SNPS) has a volatility of 13.66%. This indicates that SPG experiences smaller price fluctuations and is considered to be less risky than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPG | SNPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 13.66% | -8.23% |
Volatility (6M)Calculated over the trailing 6-month period | 14.08% | 30.93% | -16.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.76% | 56.65% | -37.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.55% | 40.80% | -14.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.08% | 35.08% | +2.00% |
Dividends
SPG vs. SNPS - Dividend Comparison
SPG's dividend yield for the trailing twelve months is around 4.02%, while SNPS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNPS Synopsys, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPG Simon Property Group, Inc. | 4.02% | 4.62% | 4.70% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% |
Financials
SPG vs. SNPS - Financials Comparison
This section allows you to compare key financial metrics between Simon Property Group, Inc. and Synopsys, Inc.. 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
SPG vs. SNPS - Profitability Comparison
SPG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Simon Property Group, Inc. reported a gross profit of 1.45B and revenue of 1.76B. Therefore, the gross margin over that period was 82.5%.
SNPS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported a gross profit of 1.65B and revenue of 2.28B. Therefore, the gross margin over that period was 72.3%.
SPG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Simon Property Group, Inc. reported an operating income of 762.16M and revenue of 1.76B, resulting in an operating margin of 43.4%.
SNPS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported an operating income of 120.43M and revenue of 2.28B, resulting in an operating margin of 5.3%.
SPG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Simon Property Group, Inc. reported a net income of 1.48K and revenue of 1.76B, resulting in a net margin of 0.0%.
SNPS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Synopsys, Inc. reported a net income of 16.87M and revenue of 2.28B, resulting in a net margin of 0.7%.
Frequently Asked Questions
SPG and SNPS have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNPS has higher volatility (13.66%) compared to SPG (5.43%). In terms of maximum drawdown, SPG dropped -77.00% vs SNPS's -60.95%.
SPG currently has the higher Sharpe Ratio (2.38 vs -0.15), 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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