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Trailing the market and software stocks

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

As of 12 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 Last update : First tracked: trailing the market and software stocks
SOUN 1M
−20.6%
S&P 500 1M
+2.1%
Funds that hold it
2
Weight in IGV
0.08%

Where SoundHound AI stands now

As of 12 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 among the strongest groups in the market 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.

SoundHound AI competitors and peers

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

Stock
Weight
1M
PANWPalo Alto Networks Inc
9.6%+22.1%
8.9%+25.0%
8.9%+27.2%
8.4%+9.2%
ORCLOracle
7.0%−8.3%
4.3%+5.9%
4.1%−5.5%
FTNTFortinet Inc
3.8%+23.6%
Each stock measured against the sector, with momentum and relative strengthUnlock with Premium

Is SoundHound AI in the S&P 500?

No

As of 12 October 2026, SoundHound AI is not in the S&P 500. Zensei groups it with software stocks (IGV), where it has 0.08% weight.

None of the 11 S&P 500 sector funds holds it. See Software Stocks (IGV)

SoundHound AI ETF: the funds that hold SOUN

2 funds that Zensei tracks hold SOUN. The main sector is the fund Zensei groups it with. The other funds follow by weight.

Fund
Weight
IGVSoftware StocksMain sector
iShares Expanded Tech-Software Sector ETF
0.08%
EA Series Trust Next Generation Media ETF
0.14%

SOUN stock performance: 1-month, 3-month and 1-year vs the S&P 500

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

Window
SOUN
S&P 500
1 week−15.5%+0.4%
2 weeks−17.9%+0.9%
1 month−20.6%+2.1%
3 months−23.4%+4.1%
6 months−28.7%+12.6%
1 year−71.4%+20.4%

Prices as of · 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

SoundHound AI stock: common questions

Who are SoundHound AI's competitors?

As of 12 October 2026, the largest other holdings of iShares Expanded Tech-Software Sector ETF (IGV) by weight 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.

Which ETFs hold SoundHound AI?

As of 12 October 2026, 2 funds that Zensei tracks hold SOUN. Zensei groups it with software stocks in iShares Expanded Tech-Software Sector ETF (IGV), where its weight is 0.1%. It is also in EA Series Trust Next Generation Media ETF (GGME, 0.1%).

Is SoundHound AI in the S&P 500?

As of 12 October 2026, SoundHound AI is not in the S&P 500. Zensei groups it with software stocks (IGV), where it has 0.08% weight.

What sector is SoundHound AI in?

As of 12 October 2026, Zensei groups SoundHound AI with software stocks (IGV, its primary fund). It is also in media stocks (GGME).

Is SoundHound AI stock beating the S&P 500?

As of 12 October 2026, SoundHound AI (SOUN) is down 20.6% over the past month. The S&P 500 is up 2.1% over the same month. Over three months, the stock is down 23.4% and the S&P 500 is up 4.1%.

Is SoundHound AI doing better than other software stocks?

As of 12 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.

Recent changes

  1. ·First tracked: trailing the market and software stocks

Track SoundHound AI against software stocks and the market

Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.