AKO-A vs. CDNS
AKO-A (Embotelladora Andina S.A) and CDNS (Cadence Design Systems, Inc.) are both stocks. AKO-A operates in Beverages - Non-Alcoholic (Consumer Defensive), while CDNS operates in Software - Application (Technology). Over the past 10 years, AKO-A returned 8.38%/yr vs 31.92%/yr for CDNS. At a 0.10 correlation, their price movements are largely independent.
Performance
AKO-A vs. CDNS - Performance Comparison
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Returns By Period
In the year-to-date period, AKO-A achieves a -10.20% return, which is significantly lower than CDNS's 26.12% return. Over the past 10 years, AKO-A has underperformed CDNS with an annualized return of 8.38%, while CDNS has yielded a comparatively higher 31.92% annualized return.
AKO-A
- 1D
- -11.01%
- 1M
- -7.42%
- YTD
- -10.20%
- 6M
- -8.49%
- 1Y
- 4.96%
- 3Y*
- 25.94%
- 5Y*
- 21.94%
- 10Y*
- 8.38%
CDNS
- 1D
- 4.80%
- 1M
- 8.70%
- YTD
- 26.12%
- 6M
- 16.88%
- 1Y
- 32.76%
- 3Y*
- 19.80%
- 5Y*
- 25.79%
- 10Y*
- 31.92%
AKO-A vs. CDNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AKO-A Embotelladora Andina S.A | -10.20% | 69.94% | 22.39% | 32.28% | 25.25% | -15.56% | -9.03% | -14.12% | -25.96% | 33.08% |
CDNS Cadence Design Systems, Inc. | 26.12% | 4.03% | 10.31% | 69.55% | -13.80% | 36.59% | 96.70% | 59.52% | 3.97% | 65.82% |
Correlation
The correlation between AKO-A and CDNS is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 1994 | 0.10 |
The correlation between AKO-A and CDNS shifts across timeframes, from -0.00 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AKO-A:
$3.06B
CDNS:
$107.91B
AKO-A:
$1.95K
CDNS:
$4.28
AKO-A:
0.01
CDNS:
92.03
AKO-A:
0.00
CDNS:
7.02
AKO-A:
0.00
CDNS:
19.49
AKO-A:
0.00
CDNS:
12.37
AKO-A:
$3.42T
CDNS:
$5.53B
AKO-A:
$1.34T
CDNS:
$4.91B
AKO-A:
$620.88B
CDNS:
$1.87B
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Return for Risk
AKO-A vs. CDNS — Risk / Return Rank
AKO-A
CDNS
AKO-A vs. CDNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Embotelladora Andina S.A (AKO-A) and Cadence Design Systems, Inc. (CDNS). 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.
| AKO-A | CDNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.18 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 1.14 | -0.92 |
| Martin ratioReturn relative to average drawdown | 0.55 | 2.42 | -1.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AKO-A | CDNS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 0.85 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.72 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.94 | -0.74 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.24 | -0.04 |
Drawdowns
AKO-A vs. CDNS - Drawdown Comparison
The maximum AKO-A drawdown since its inception was -79.18%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for AKO-A and CDNS.
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Drawdown Indicators
| AKO-A | CDNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.18% | -93.13% | +13.95% |
Max Drawdown (1Y)Largest decline over 1 year | -22.40% | -28.85% | +6.45% |
Max Drawdown (3Y)Largest decline over 3 years | -25.41% | -29.05% | +3.64% |
Max Drawdown (5Y)Largest decline over 5 years | -25.41% | -29.59% | +4.18% |
Max Drawdown (10Y)Largest decline over 10 years | -63.51% | -32.12% | -31.39% |
Current DrawdownCurrent decline from peak | -22.40% | -5.32% | -17.08% |
Average DrawdownAverage peak-to-trough decline | -30.92% | -39.64% | +8.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.07% | 13.60% | -4.53% |
Volatility
AKO-A vs. CDNS - Volatility Comparison
Embotelladora Andina S.A (AKO-A) and Cadence Design Systems, Inc. (CDNS) have volatilities of 16.27% and 16.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AKO-A | CDNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.27% | 16.58% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 41.68% | 31.69% | +9.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.00% | 39.02% | +12.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.35% | 36.20% | +6.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.97% | 34.13% | +7.84% |
Dividends
AKO-A vs. CDNS - Dividend Comparison
AKO-A's dividend yield for the trailing twelve months is around 5.09%, while CDNS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKO-A Embotelladora Andina S.A | 5.09% | 5.24% | 6.95% | 9.27% | 17.81% | 8.12% | 5.74% | 4.72% | 4.16% | 2.63% | 2.34% | 2.50% |
CDNS Cadence Design Systems, 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% |
Financials
AKO-A vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Embotelladora Andina S.A and Cadence Design Systems, 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
AKO-A vs. CDNS - Profitability Comparison
AKO-A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Embotelladora Andina S.A reported a gross profit of 393.07B and revenue of 958.49B. Therefore, the gross margin over that period was 41.0%.
CDNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cadence Design Systems, Inc. reported a gross profit of 1.41B and revenue of 1.47B. Therefore, the gross margin over that period was 95.9%.
AKO-A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Embotelladora Andina S.A reported an operating income of 147.46B and revenue of 958.49B, resulting in an operating margin of 15.4%.
CDNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cadence Design Systems, Inc. reported an operating income of 431.33M and revenue of 1.47B, resulting in an operating margin of 29.3%.
AKO-A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Embotelladora Andina S.A reported a net income of 102.93B and revenue of 958.49B, resulting in a net margin of 10.7%.
CDNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cadence Design Systems, Inc. reported a net income of 335.66M and revenue of 1.47B, resulting in a net margin of 22.8%.
Frequently Asked Questions
AKO-A and CDNS have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDNS has higher volatility (16.58%) compared to AKO-A (16.27%). In terms of maximum drawdown, AKO-A dropped -79.18% vs CDNS's -93.13%.
CDNS currently has the higher Sharpe Ratio (0.85 vs 0.10), 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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