Trailing the market and software stocks

SoundHound AI (SOUN) stock vs the S&P 500 and software stocks

As of 2 October 2026, SoundHound AI (SOUN) is trailing both the S&P 500 and software stocks as a group (IGV) over the past three months.

Prices as of 2 October 2026

SOUN 1M

−14.7%

S&P 500 1M

+1.3%

Funds that hold it

Weight in IGV

0.09%

Where SoundHound AI stands now

As of 2 October 2026, SoundHound AI is behind the S&P 500 on every window Zensei tracks, from one month to one year. The market has preferred other stocks for some time.

Inside its group, SOUN lags: it is behind software stocks (IGV) over both the past month and three months. As a group, software stocks are beating the S&P 500 right now. The group is doing the work here; the stock is not keeping up with it.

SoundHound AI is 0.1% of IGV, so the fund's direction owes little to it. It sits in 2 of the sector and theme funds Zensei tracks. The thing to watch is the past month: a turn against the market usually shows there first.

SOUN vs the S&P 500: returns

SoundHound AI and the S&P 500 (SPY) side by side, over each window Zensei tracks.

Window

SOUN

S&P 500

1 week−3.5%−0.2%

2 weeks−2.7%+1.2%

1 month−14.7%+1.3%

3 months−10.8%+3.6%

6 months−13.9%+17.9%

1 year−67.3%+16.2%

Prices as of 2 October 2026 · computed from daily adjusted closes · how we measure

Zensei Edge

SOUN against software stocks, in depth

See the size of the gap between SoundHound AI and software stocks (IGV) over every window, its momentum and its relative strength, and where it sits among software stocks.

See the full analysis

Which ETFs hold SoundHound AI?

2 funds that Zensei tracks hold SOUN, by weight. The fund with the largest weight is its sector on this page.

Fund

Weight

IGVSoftware StocksMain sector

iShares Expanded Tech-Software Sector ETF

0.09%

GGMEMedia Stocks

EA Series Trust Next Generation Media ETF

0.15%

SoundHound AI competitors

The largest other holdings of iShares Expanded Tech-Software Sector ETF (IGV), with their return over the past month.

Stock

Weight

PANWPalo Alto Networks Inc

9.7%+11.4%

PLTRPalantir Technologies

9.0%+4.9%

CRWDCrowdStrike

8.9%+25.6%

MSFTMicrosoft

8.5%+3.3%

ORCLOracle

6.9%+0.7%

NOWServiceNow

4.4%−6.0%

CRMSalesforce

4.1%−8.9%

FTNTFortinet Inc

3.8%+11.8%

Each stock measured against the sector, with momentum and relative strengthUnlock with Premium

SoundHound AI stock: common questions

Is SoundHound AI stock beating the S&P 500?

As of 2 October 2026, SoundHound AI (SOUN) is down 14.7% over the past month. The S&P 500 is up 1.3% over the same month. Over three months, the stock is down 10.8% and the S&P 500 is up 3.6%.

Which ETFs hold SoundHound AI?

As of 2 October 2026, 2 funds that Zensei tracks hold SOUN. Its largest weight is in iShares Expanded Tech-Software Sector ETF (IGV), at 0.1%. It is also in EA Series Trust Next Generation Media ETF (GGME, 0.1%).

Who are SoundHound AI's competitors?

As of 2 October 2026, the largest other holdings of iShares Expanded Tech-Software Sector ETF (IGV) are Palo Alto Networks Inc (PANW), Palantir Technologies (PLTR), CrowdStrike (CRWD), Microsoft (MSFT), Oracle (ORCL). These are the stocks SoundHound AI sits next to among software stocks.

Is SoundHound AI doing better than other software stocks?

As of 2 October 2026, SoundHound AI (SOUN) is behind software stocks as a group (IGV) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.

Track SoundHound AI against software stocks and the market

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