ASM.AS vs. CDNS
ASM.AS (ASM International NV) and CDNS (Cadence Design Systems, Inc.) are both stocks. Both are in the Technology sector — ASM.AS in Semiconductor Equipment & Materials, CDNS in Software - Application. Over the past 10 years, ASM.AS returned 43.49%/yr vs 31.35%/yr for CDNS. At a 0.33 correlation, their price movements are largely independent.
Performance
ASM.AS vs. CDNS - Performance Comparison
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Different Trading Currencies
ASM.AS is traded in EUR, while CDNS is traded in USD. To make them comparable, the CDNS values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ASM.AS achieves a 96.86% return, which is significantly higher than CDNS's 25.05% return. Over the past 10 years, ASM.AS has outperformed CDNS with an annualized return of 43.49%, while CDNS has yielded a comparatively lower 31.35% annualized return.
ASM.AS
- 1D
- 4.25%
- 1M
- 16.08%
- YTD
- 96.86%
- 6M
- 97.39%
- 1Y
- 93.94%
- 3Y*
- 35.74%
- 5Y*
- 31.11%
- 10Y*
- 43.49%
CDNS
- 1D
- 0.40%
- 1M
- 9.95%
- YTD
- 25.05%
- 6M
- 20.86%
- 1Y
- 25.27%
- 3Y*
- 14.53%
- 5Y*
- 25.53%
- 10Y*
- 31.35%
ASM.AS vs. CDNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASM.AS ASM International NV | 96.86% | -6.81% | 19.44% | 100.88% | -38.85% | 117.83% | 82.29% | 184.59% | -28.94% | 33.94% |
CDNS Cadence Design Systems, Inc. | 25.05% | -8.31% | 17.60% | 64.47% | -8.45% | 46.81% | 80.49% | 63.13% | 8.85% | 45.44% |
Correlation
The correlation between ASM.AS and CDNS is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007 | 0.33 |
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Return for Risk
ASM.AS vs. CDNS — Risk / Return Rank
ASM.AS
CDNS
ASM.AS vs. CDNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ASM International NV (ASM.AS) 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.
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.
| ASM.AS | CDNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.15 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 0.84 | +2.69 |
| Martin ratioReturn relative to average drawdown | 8.66 | 1.71 | +6.95 |
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Drawdowns
ASM.AS vs. CDNS - Drawdown Comparison
The maximum ASM.AS drawdown since its inception was -76.66%, smaller than the maximum CDNS drawdown of -88.18%. Use the drawdown chart below to compare losses from any high point for ASM.AS and CDNS.
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Drawdown Indicators
| ASM.AS | CDNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.66% | -88.18% | +11.52% |
Max Drawdown (1Y)Largest decline over 1 year | -26.21% | -30.38% | +4.17% |
Max Drawdown (3Y)Largest decline over 3 years | -52.05% | -32.15% | -19.90% |
Max Drawdown (5Y)Largest decline over 5 years | -53.88% | -32.15% | -21.73% |
Max Drawdown (10Y)Largest decline over 10 years | -53.88% | -34.02% | -19.86% |
Current DrawdownCurrent decline from peak | 0.00% | -7.05% | +7.05% |
Average DrawdownAverage peak-to-trough decline | -17.45% | -24.27% | +6.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.73% | 14.84% | -4.11% |
Volatility
ASM.AS vs. CDNS - Volatility Comparison
The current volatility for ASM International NV (ASM.AS) is 12.63%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 15.98%. This indicates that ASM.AS experiences smaller price fluctuations and is considered to be less risky than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASM.AS | CDNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.63% | 15.98% | -3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 33.76% | 31.51% | +2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.58% | 39.10% | +4.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.58% | 35.98% | +7.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.99% | 34.38% | +6.61% |
Dividends
ASM.AS vs. CDNS - Dividend Comparison
ASM.AS's dividend yield for the trailing twelve months is around 0.32%, while CDNS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASM.AS ASM International NV | 0.32% | 0.58% | 0.49% | 0.53% | 1.06% | 0.51% | 0.83% | 2.00% | 13.26% | 1.24% | 1.64% | 1.66% |
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
ASM.AS vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between ASM International NV 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
Frequently Asked Questions
ASM.AS and CDNS have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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